9849 MESA DRIVE, HOUSTON, TX 77078

Homes for sale in Houston.

Homes for sale in 77078.


Active

List Price$1,200,000

9849 Mesa Drive

Houston, TX 77078

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #73391844

2

Bedrooms

1 full

Bathrooms

8,490

Square Feet

15

Number of Units

Multi-Unit Residential

Type

About This Property

Excellent value-add investment opportunity in a developing pocket of Northeast Houston. This 15-unit property features 10 studio apartments along with 1-bedroom and 2-bedroom layouts, situated on an expansive 19,274 square foot lot. The property is fully occupied on stable short-term and month-to-month leases, providing immediate cash flow on day one. Strong upside potential through targeted renovations to align with rising neighborhood rents, or full redevelopment leveraging the large lot footprint. New construction is active in the immediate surrounding area. Tenant occupied--please do not disturb occupants.

Property Features

Location Information

County

Harris

Longitude

-95.262929

MLS Area

Northeast Houston

Subdivision

Smiley Place Sec 01

Latitude

29.856792

Directions

From US-59/I-69, exit Tidwell Rd and head East. Continue past Homestead Rd, then turn left (North) onto Mesa Dr. The property will be on your left, just past Lakewood Dr.

Interior Features

Total Number of Units

15

Exterior Features

Stories

2

Lot Size in Acres

0

Is New Construction

No

Lot Size in Sq. Ft.

19,274

Acre Range

1/4 Up to 1/2 Acre

Is One Story

No

School

School District

Houston

Middle School

FOREST BROOK MIDDLE SCHOOL

Elementary School

HILLIARD ELEMENTARY SCHOOL

High School

NORTH FOREST HIGH SCHOOL

Additional Information

Property Type

RI

Year Built

1960

Property SubType

Multi Family

Status

Active

Similar Listings

Mortgage Calculator

$5,604

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$4,324

Monthly Tax

$1,000

Monthly Insurance

$280

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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