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10114 Papalote St

Houston, TX 77041
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9 Bedroom(s)
4 Full Bath(s)
5,621 Sqft. ($70/Sqft.)
15,000 Lot Sqft
Single-Family

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General Description

A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!

MLS#
78287018
List Price
$395,000 ($70/Sqft.)
Listing Status
For Sale
Address
10114 Papalote St
City
Houston
State
TX
Zip Code
77041
County
Harris County
Legal Description
LT 18 BLK 3 SOMMERMEYER
Property Type
Single-Family
Bedroom
9 Bedroom(s)
Bath
4 Full Bath(s)
Garages
4 / Attached
Stories
2
Building Size
5,621 Sqft/Seller
Architecture Style
Spanish
Year Built
1960 /Appraisal District
Lot Size
15,000 Sqft./Appraisal District
Key Map©
410W
Market Area

Rooms

Family Room
20 x 24, 1st
Dining
18 x 20, 1st
Kitchen
14 x 18, 1st
Bedroom
20 x 23, 2nd
Bedroom
15 x 20, 2nd
Bedroom
13 x 14, 2nd
Bedroom
13 x 14, 2nd
Bedroom
18 x 20, 2nd
Bedroom
12 x 13, 2nd
Bedroom
24 x 28, 1st
Bedroom
8 x 10, 1st
Bedroom
8 x 10, 1st

Exterior

Roof
Tile
Foundation
Slab
Private Pool
Yes
Private Pool Desc
In Ground
Exterior Type
Stucco
Lot Description
Other
Garage Carport
Double-Wide Driveway,Extra Driveway
Water Sewer
Public Sewer, Public Water

Additional information

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease
Buyer Agent Compensation*
3%
Sub Agent Compensation*
3%

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Financing Considered
Cash Sale, Conventional
Other Fees
No
Maintenance Fee
No
Taxes w/o Exemp
$5,945/2023
Tax Rate
2.243

Interior

Fireplace
1
Bathroom Description
Primary Bath: Double Sinks, Primary Bath: Soaking Tub
Bedroom Description
All Bedrooms Up
Room Description
Den, Formal Dining, Formal Living, Loft, Quarters/Guest House
Cooling
Central Electric
Heating
Central Gas
Dishwasher
Yes
Disposal
Yes

Lot Information

Lot Size
15,000 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Listing Broker

Source

Houston Association of REALTORS
Source last updated May 02, 2024 at 02:27 PM
Listing last updated Apr 23, 2024 at 02:57 PM

Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
$-----
$-----
Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Subdivision Facts

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Copyright© 2024 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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