Seize this fantastic investment opportunity with a leased 2 Bed, 2 Bath condo, offering an impressive 8.7% cap rate. Located in a rapidly developing area of Houston, this property is just minutes from downtown, the 610 Loop, and I-45, providing easy access for tenants. Inside, the condo features a spacious layout, comfortable bedrooms, and upgraded bathrooms, ensuring long-term appeal. With a solid return and a prime location, this property is a smart addition to any investment portfolio. Schedule a viewing today to explore its potential!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 13 x 13
- Primary Bedroom Level: First
Other Rooms
- Total Rooms: 2
- Bedroom: 12 x 12 x First
- Bedroom: 12 x 12 x First
- PrimaryBedroom: 13 x 13
- PrimaryBedroom Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Heating and Cooling
- Cooling Features: CentralAir, Electric
- Heating Features: Central, Electric
- Heating: Yes
Interior Features
Exterior and Lot Features
- Deck
- Patio
- Patio And Porch Features: Deck, Patio
Land Info
- Lot Size Acres: 1.7392561
- Lot Size Source: Appraiser
- Lot Size Square Feet: 75762
Garage and Parking
- Parking Features: Assigned, Carport
Homeowners Association
- Association: Yes
- Association Fee: 175
- Association Fee Frequency: Monthly
- Association Fee Includes: MaintenanceGrounds, MaintenanceStructure, Sewer, Water
- Calculated Total Monthly Association Fees: 175
- Association Name: 8101 Leonora Condominiums
School Information
- Elementary School: CORNELIUS ELEMENTARY SCHOOL
- Elementary School District: 27 - Houston
- High School: CHAVEZ HIGH SCHOOL
- High School District: 27 - Houston
- Middle School: ORTIZ MIDDLE SCHOOL
- Middle or Junior School District: 27 - Houston
Other Property Info
- Annual Tax Amount: 2002
- Source Listing Status: Active
- County: Harris
- Directions: Coming South on I-45, exit onto feeder and turn right heading West bound on Bellfort Ave, turn right heading North and at the end of the street go around the loop and right into the parking lot, first unit on the right. Coming North on I-45, exit onto feeder and turn left heading West bound on Bellfort Ave, turn right heading North and at the end of the street go around the loop and right into the parking lot, first unit on the right.
- Tax Year: 2024
- Source Property Type: Residential
- Area: 3
- Property Subtype: condo
- MLS Area Minor: Hobby Area
- Source Neighborhood: Leonora Th Condo
- Parcel Number: 101-435-000-0001
- Postal City: Houston
- Postal Code Plus 4: 1068
- Subdivision: Leonora Th Condo
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1392
- Year Built: 1970
- Building Area Total: 1392
- Construction Materials: Brick
- Foundation Details: Slab
- Levels: One
- Living Area Source: Appraiser
- Property Age: 55
- Roof: Composition
- Levels or Stories: 1
- Building Total Stories: 1
- Year Built Source: PublicRecords
- Architectural Style: Traditional
Utilities
- Sewer: PublicSewer
- Water Source: Public
