10317 Blades St

Houston, TX 77016
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3 bd, 2 ba | 1,728 sqft | Built in 1970

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List Price
$199,990

Initial Investment

$54,497

Purchase Price

$199,990

Down Payment

25%

Rent

$1,660

Total Return

$55,186

Annualized Return

14.8%

Cap Rate

5.4%

Gross Yield

10.0%

Cash Flow

-$899

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,562

HOA

None

Flood Risk

Not Required

Charming single-story home featuring 3 bedrooms, 2 bathrooms, a 2-car attached garage, 2-car attached carport, refreshed neutral paint, lovely wood-type flooring throughout, and all granite countertops! There's open living area and French doors that lead to the large sunroom with a fireplace - great for entertaining! The primary bedroom suite has a walk-in closet while the kitchen offers a breakfast bar, tile backsplash, and stainless steel appliances including a new stove. This home has mature trees in the spacious fenced backyard, front and back gutters, and is situated just down the street from Scenic Woods Park/amenities. Located with proximity to major highways & Bush Airport!

See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495

Annual Financial Highlights

Expected Rent

$18,924

Expenses

-$3,550

Property Taxes

-$5,400

Loan Payments

-$10,873

Net Cash Flow

-$899

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Mark Dimas
Mark Dimas Properties
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #8871273
Last Updated: 01/25/2025 10:01
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