About 3318 Wichita Street
Income producing property offering substantial depreciation tax benefits in Houston’s University market area. Consistently occupied with short-term tenants at a 7.65% cap rate. This completely renovated, fully furnished home features 9 bedrooms, 7 bathrooms, 3 living rooms, game room area, lounge areas, washer/dryer, and sleeps up to 18 guests. Designed for large groups, multi-family stays, or corporate travel to name a few. Conveniently located near local restaurants and less than 10 minutes from Texas Medical Center, downtown, museum district, sports stadiums, and major universities. This turnkey property is a great choice for both new and seasoned investors looking to combine income generation with tax efficiency.
Features of 3318 Wichita Street
| MLS® # | 93093319 |
|---|---|
| Price | $1,100,000 |
| Bedrooms | 9 |
| Bathrooms | 7.00 |
| Full Baths | 7 |
| Square Footage | 4,915 |
| Square Footage | 6899.904 |
| Acres | 0.16 |
| Year Built | 1955 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 3318 Wichita Street |
|---|---|
| Area | 4 |
| Subdivision | Southwood |
| City | Houston |
| County | Harris |
| State | TX |
| Zip Code | 77004-6346 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Attached, Additional Parking, Garage Door Opener, Double-Wide Driveway, Porte-Cochere, Attached Carport |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
| Bedroom Description | 2 Bedrooms Down,En-Suite Bath,Sitting Area,Walk-In Closet(s) |
| Green Energy Efficient Amenities | Attic Vents, Thermostat, Lighting, HVAC |
Interior
| Interior Features | 2 Bedrooms Down,En-Suite Bath,Sitting Area,Walk-In Closet(s) |
|---|---|
| Appliances | Disposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dishwasher |
| Heating | Electric |
| Cooling | Ceiling Fan(s), Electric |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Side Yard |
|---|---|
| Lot Description | Subdivided, 0 Up To 1/4 Acre |
| Windows | Insulated/Low-E windows, Window Coverings |
| Roof | Composition |
| Construction | Batts Insulation, Brick, Cement Siding |
| Foundation | Slab |
School Information
| District | 27 - Houston |
|---|---|
| Elementary | Lockhart Elementary School |
| Middle | Cullen Middle School (Houston) |
| High | Yates High School |
Additional Information
| Days on Website | 49 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Master Planned Community | No |
Listing Details
| Office | CB&A, Realtors |
|---|