Welcome to 9557 Pagewood Lane, a fantastic investment opportunity, strategically located near the Galleria area. This 1402 square foot property not only offers comfortable living spaces but also boasts a solid estimated CAP rate of 6%, making it a highly attractive investment option for savvy investors. The well-maintained interior features a spacious layout, providing ample space for tenants to live comfortably. Outside, the property offers a low-maintenance yard, perfect for minimizing upkeep costs while still providing outdoor enjoyment for tenants. Given the strong rental demand in the area, this investment property promises a great return rate for investors looking to add a valuable asset to their portfolio. Don't miss out on this chance to secure a profitable investment property with a high return rate.
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 14 x 13
- Bedroom 2 Dimensions: 12 x 10
- Bedroom 1 Level: 2nd
- Bedroom 2 Level: 2nd
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- 1/2 Bathrooms: 2
Heating and Cooling
- Cooling Features: Central Electric
- Heating Features: Central Electric
- Number of Fireplaces: 1
Garage and Parking
- Carport Spaces: 1
- Parking Features: Additional Parking, Assigned Parking
Land Info
- Lot Size Acres: 3.5745409
- Lot Size Source: Appraisal District
- Lot Size Square Feet: 155707
Homeowners Association
- Association: Yes
- Association Fee: 588
- Association Fee Frequency: Monthly
- Association Fee Includes: Exterior Building, Grounds, Trash Removal, Water and Sewer
- Calculated Total Monthly Association Fees: 588
- Maintenance Description: Exterior Building, Grounds, Trash Removal, Water and Sewer
School Information
- Elementary School: EMERSON ELEMENTARY SCHOOL (HOUSTON)
- High School: WISDOM HIGH SCHOOL
- Middle School: REVERE MIDDLE SCHOOL
- School District: 27 - Houston
Other Property Info
- Annual Tax Amount: 2641
- Source Listing Status: Active
- County: Harris
- Directions: From Westpark Dr, go North on Tanglewilde and turn right on Windswept. Before the road curves, there is a driveway on the right with a set of mailboxes. Turn right into the complex.
- Tax Year: 2023
- Source Property Type: Townhouse/Condo
- Area: 22
- Property Subtype: condo
- Source Neighborhood: Tanglewilde South Condo Sec 01
- Parcel Number: 113-260-000-0005
- Postal Code Plus 4: 5263
- Public Survey Section: 1
- Subdivision: Tanglewilde South Condo Sec 01
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1402
- Year Built: 1978
- Building Exterior Type: Brick, Wood
- Foundation Details: Slab
- Levels: 2
- Living Area Source: Appraisal District
- Property Age: 46
- Roof: Composition
- Levels or Stories: 2
- Building Total Stories: 2
- House Style: Traditional
Utilities
- Water Source: Public Sewer, Public Water