6617 Kassarine Pass
Houston, TX 77033
1044 sqft | 3 beds | 1 bath | 0.13 acres | #62055462
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.
Property Details
- Lot DescriptionBack Yard, Subdivided, 0 Up To 1/4 Acre
- High SchoolSTERLING HIGH SCHOOL (HOUSTON)
- Elementary SchoolKELSO ELEMENTARY SCHOOL
- Property SubtypeSingle Family Residence
- Middle SchoolAttucks Middle School
- StyleContemporary/Modern
- InteriorAll Bedrooms Down
- Structure TypeFree Standing
- Sewer InformationPublic Sewer
- School District27 - Houston
- SubdivisionSouth Park
- Property TypePurchase
- MLS #62055462
- MLS #62055462
- Acres0.1309
- Utility SourcePublic
- CountyHarris
- Taxes Annual$3,308
- Cost200000
- Square Feet1044
- Year Built1955
- FoundationSlab
- Bedrooms3
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Jerome Love (#JLOVE)
Listing Office: LHS Realty Group (#LHSR01)
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