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For Sale 77041 Houston

10114 Papalote St

Houston, TX 77041

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For Sale

Active

$395,000

Est. Mortgage 2,139/month

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9 Bedroom(s)

4 Full Bath(s)

5,621 Sqft. ($70/Sqft.)

15,000 Lot Sqft

Single-Family

12 Day(s) on Market

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Description

A Rare & Exceptional Residential or Commercial Investment Opportunity at an amazingly low price of $70 per Sq Ft! This tremendous property features 5621 Sq Ft, 9 Bedrooms, 4 Bathrooms, 2 kitchens, 2 dining areas, 2 family rooms, a balcony, court yard area, a pool, 2 storage sheds, a 4 car garage, on a 15k Sq Ft. Lot! Currently this property is being used as a Group Home; other potential uses are a Home Health Care Facility, a Nursing Home, Assisted Living, a Cash Flow Long Term Rental or Short Term (rooms rented daily/weekly/monthly), an AirBNB, a Motel, Apartment Complex, or a Primary Residence/Office Space. Also this property could be purchased, renovated for one of the ideal uses, then resold at a massive profit. You could also build additional structures or add tiny homes, endless value add opportunities! There is no HOA & the tax rate is just 2.2%! This property has never flooded! Excellent Location - Close to 290 & Beltway 8! This is truly an Exceptional One of a Kind Property!

MLS#

78287018

List Price

$395,000 ($70/Sqft.)

Listing Status

For Sale

Address

10114 Papalote St

City

Houston

State

Zip Code

77041

County

Harris County

Subdivision

Sommermeyer (View subdivision price trend)

Legal Description

LT 18 BLK 3 SOMMERMEYER

Property Type

Single-Family

Bedroom

9 Bedroom(s)

Bath

4 Full Bath(s)

Garages

4 / Attached

Stories

Building Size

5,621 Sqft/Seller

Architecture Style

Spanish

Year Built

1960 /Appraisal District

Lot Size

15,000 Sqft./Appraisal District

Key Map©

410W

Market Area

Spring Branch

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Rooms

Family Room

20 x 24, 1st

Dining

18 x 20, 1st

Kitchen

14 x 18, 1st

Bedroom

20 x 23, 2nd

Bedroom

15 x 20, 2nd

Bedroom

13 x 14, 2nd

Bedroom

13 x 14, 2nd

Bedroom

18 x 20, 2nd

Bedroom

12 x 13, 2nd

Bedroom

24 x 28, 1st

Bedroom

8 x 10, 1st

Bedroom

8 x 10, 1st

Exterior

Roof

Tile

Foundation

Slab

Private Pool

Yes

Private Pool Desc

In Ground

Exterior Type

Stucco

Lot Description

Other

Garage Carport

Double-Wide Driveway,Extra Driveway

Water Sewer

Public Sewer, Public Water

Interior

Fireplace

Bathroom Description

Primary Bath: Double Sinks, Primary Bath: Soaking Tub

Bedroom Description

All Bedrooms Up

Room Description

Den, Formal Dining, Formal Living, Loft, Quarters/Guest House

Cooling

Central Electric

Heating

Central Gas

Dishwasher

Yes

Disposal

Yes

Lot information

Lot Size

15,000 Sqft. /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type

Free Standing

HOA Mandatory

List Type

Exclusive Right to Sell/Lease

Buyer Agent Compensation*

Sub Agent Compensation*

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Financial

Financing Considered

Cash Sale, Conventional

Other Fees

Maintenance Fee

Taxes w/o Exemp

$5,945/2023

Tax Rate

2.243

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Down Payment Assistance

This property may be eligible for 41 programs and up to $50,000 in down payment assistance. See More →

Mortgage

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.