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$197,900

5043, 5045 Higgins And 5035, 5037 Paula Street, Houston, TX, 77033

On MarketInfo

About this property

Flexible, shovel-ready builder opportunity featuring four replated lots in rapidly developing Sunnyside (77033). Prime Duplex Potential: Capitalize on the area's strong duplex market! The project is currently fully permitted for four modern single-family homes (completed replat, survey, soil, civil/structural plans included), but a simple City of Houston revision application allows you to pivot and build highly sought-after attached duplexes. Public utilities (sewer, water, electric) are already in place. Located in an Opportunity Zone near Downtown, the Medical Center, and University of Houston. Rare infill project surrounded by new construction. See attachments or text agent for the Google Drive link with all documents.

Investor Tools

$0Estimated Mortgage Balance
$197,900Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,187 /month
Positive
Cash Flow Estimate:
$396 /month

Interested in this property?

Kate Myhan

Katarzyna Myhan, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Houston