9849 Mesa Drive, Houston, TX

$1,200,000

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2

Beds

1

Bath

8,490

Square feet

0.44

Acres

About 9849 Mesa Drive

Excellent value-add investment opportunity in a developing pocket of Northeast Houston. This 15-unit property features 10 studio apartments along with 1-bedroom and 2-bedroom layouts, situated on an expansive 19,274 square foot lot. The property is fully occupied on stable short-term and month-to-month leases, providing immediate cash flow on day one. Strong upside potential through targeted renovations to align with rising neighborhood rents, or full redevelopment leveraging the large lot footprint. New construction is active in the immediate surrounding area. Tenant occupied—please do not disturb occupants.

Features of 9849 Mesa Drive

MLS® # 73391844
Price $1,200,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 8,490
Square Footage 19274
Acres 0.44
Year Built 1960
Type Residential Income
Sub-Type Multi Family,5 Plus
Status Active

Community Information

Address 9849 Mesa Drive
Area 2
Subdivision Smiley Place Sec 01
City Houston
County Harris
State TX
Zip Code 77078-3199

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Window Unit
Cooling Electric, Gas, Window Unit(s)
Fireplace No
# of Stories 2

Exterior

Lot Description 1/4 Up to 1/2 Acre
Roof Other

School Information

District 27 - Houston
Elementary Hilliard Elementary School
Middle Forest Brook Middle School
High North Forest High School

Additional Information

Days on Website 358
Foreclosure No
Short Sale No
RE / Bank Owned No
Master Planned Community No

Listing Details

OfficeSES Real Estate Group

Listing Map

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