6617 Kassarine PASS Active Save Request In-Person Tour Request Virtual Tour
Houston,TX 77033
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,044 sqft
Price per Sqft $191
Subdivision South Park Sec 02
MLS Listing ID 62055462
Style Contemporary/Modern
Bedrooms 3
Full Baths 1
Year Built 1955
Annual Tax Amount $3,308
Tax Year 2024
Lot Size 5,702 Sqft
Property Sub-Type Detached
Property Description
Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually)
This single-family home offers stable cash flow with a long-term tenant secured through early 2026. Recent improvements include exterior siding, paint, and window replacements (2021), underground plumbing upgrades, a new fence, and a bathroom remodel. Interior renovations were completed in 2011, including full electrical upgrades.
HVAC: The property currently uses window units instead of central HVAC—a common feature in this submarket—which represents an additional value-add opportunity for future rent optimization.
Value-Add Opportunity:
The kitchen remains original, providing an opportunity for modernization. Combined with the potential HVAC upgrade, these improvements could significantly enhance property value and rental Income.
Location
State TX
County Harris
Area Medical Center South
Interior
Heating None
Cooling None
Flooring Carpet,Plank,Vinyl
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Fence,Private Yard
Fence Back Yard
Roof Type Composition
Building
Lot Description Subdivision
Story 1
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Kelso Elementary School
Middle Schools Attucks Middle School
High Schools Sterling High School (Houston)
School District 27 - Houston