3810 Rawley St, Houston, TX 77020

$299,900
5
BD
2
BA
1,632
SqFt

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List Price
$299,900
Status
ACTIVE
MLS#
45773508
Days on Market
0
Year Built
1920
Bedrooms
5
Bathrooms
2
Full-baths
2
Living Area
1,632
Lot Size
11,000
Lot Size Source
Appraiser
Subdivision
Chapmans Sec 03
Region
2
Market Area
Denver Harbor
County
Harris

Property Description

Excellent investment opportunity featuring two tenant-occupied single-family homes situated on an oversized approximately 11,000-square-foot lot with a shared tax account. The front home, 3810 Rawley Street, is leased at $1,299 per month through April 30, 2027, while the rear home, 1817 Worms Street, is leased at $1,400 per month through March 10, 2027—providing combined scheduled rental income of $2,699 per month. Both residences offer established tenancy and immediate cash flow, and new roofs installed in 2024. Electric and water are on shared meters, with tenants reimbursing the landlord for both utilities. The property also includes a vacant corner portion of the lot offering additional building or redevelopment potential. Conveniently located near major Houston thoroughfares with easy access to Downtown.

Additional Information

Finance Available
Cash, Conventional, Investor Financing
Taxes
$8,620
Neighborhood
Denver Harbor
Interior Features
Window Treatments, Ceiling Fans, Programmable Thermostat
Heating
Central, Electric
Cooling
Central Air, Electric
Stories
1
Lot Description
Corner Lot
Appliances
Dishwasher, Disposal, Refrigerator
Roof
Composition
School District
Houston
Elementary School
Atherton Elementary School (Houston)
Middle School
Fleming Middle School
High School
Wheatley High School

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Calculator source: Real Geeks

Listing courtesy of Goltex Realty Group.