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$222,000

Beds
3
Baths
2.0
sq ft
1,351

5017 Kenilwood Dr, Houston, TX 77033

5017 Kenilwood Dr

Houston, TX 77033

  • 14 days on market
For investors seeking cash-flowing, low-maintenance properties, this fully renovated 3-bed, 2-bath home, built in 1955 and remodeled in 2024, offers a stable investment. The tenant-occupied property generates $2,062 per month, with the rate reflecting a look-and-lease promotion. Key Features: 1. Stakeholders willing to accept a break-even price of $222,000 2. Certificate of Compliance from Houston Permitting Center 3. Fully renovated: new electrical wiring, PEX pipes, and HVAC system 4. 30-year roof and energy-efficient tankless water heater 5. All new appliances included 6. Only full-gut remodel in the area with these features, per open records Warranties: 1. HVAC system 2. Electrical system This low-maintenance investment is positioned for immediate cash flow and equity. Why do we want to SELL now?: After careful deliberation and training, we're shifting our focus toward obtaining government contracts for community development with our HUB Certification.

Details

Property type

Single Family Residence

Est. home value

$150,060

Lot size

6,599 sq ft

Price per sq ft

$165

Year built

1955

Annual property taxes

$2,545

Price History

10/24/2024
Houston

Houston #93681173

Listed
$222,000
07/05/2024
Houston

Houston #55780718

Removed
06/19/2024
Houston

Houston #55780718

Listed
$289,999

Schools & Community

Neighborhood: 

South Park

Elementary school: 

BASTIAN ELEMENTARY SCHOOL

Middle school: 

ATTUCKS MIDDLE SCHOOL

High school: 

WORTHING HIGH SCHOOL

School district: 

Houston

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Park Place Finance Llc

Loan start date

November 2023

Original loan amount

$152,200

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Building or Construction Loan, 1 year

Seller

Wafl Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 7:20 AM

Listing updated: 11/01/2024 at 4:08 AM

Listed by: Anjelique Williams, Radius Phone #: (817) 670-5733

MLS: Houston #93681173

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