2021 Newly Remodeled 4/2 STR In Houston, Great Location, Quiet NeighborhoodCurrentTenant3200/month

$269,000
4
2
2,403
sq. ft.
$112
per sq ft
Heated sq ft: 2,003 sq ft
Avg Nightly Rate: $158
Home Legally Sleeps: 8
Occupancy Rate: 52 weeks
Annual Gross Income : 36000
Annual Net Operating Income : 23760
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: Will Consider
Niche: None
New Construction: Inquire
Days on Vrolio: 163

Property Description

This property was remodeled in 2021 and is currently operating as a short-term rental. It has level 2 granite in the kitchen and master bath, new wood look vinyl tile throughout the house. Currently occupied by a tenant at $3,200 per month. Tenant is closing on a home and remodeling it. Current property manager is willing to continue managing. https://airbnb.com/h/chasecreek4b

Presented by:
Owner:
james polk
Seller Financing
Will Consider
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 200
Low: 120
Peak: 200
Special Event: 200
Avarage: 158.00
Furniture Age
1
Est Value of Furnishings
$7,000
Peak & High Seasons
June, July, August, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
My partners want to use the equity to purchase a destination rental in Florida.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
36000
Net Operating Income
23760
Stories
1
Additional Indoor Rooms
Attached Garage for No car
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Microwave, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Laminate Wood, Tile
Security
Yes
Security Description
Simplisafe
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Carpet
Year built
1987
Outdoor Features
Fenced/Gated Yard
View
No view
Backyard Exposure
North
Lot Size
25348 sqft, Culdesac Lot with large backyard
Community Features
Nature Trails/Walking Path, Playground
Tax Amount/Year
$3,600
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Nature Trails/Walking Path, Playground
Mandatory HOA
Inquire
Home Legally Sleeps:
8
Onsite Parking
2 garage parking and 2 driveway
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
Inquire
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
52
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner, Manager
Managed By
Manager
Management Bookings Percentage
$10.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
Negotiable.
 
  •  
Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$200.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$2,000.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
Inquire
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$3,600.00
Homeowner's Insurance (Annual)
$1,500.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$400.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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