Listing provided courtesy of Keller Williams Realty- MLS# 21298954MLS ProviderContact Information: Alex Watson - 737-296-9941

9114 Caddo Road #A & BHouston, TX 77078

Multi-Family · 8 Beds · 6 Full Baths · 3,426 Sq. ft. | 0.17 Acres
$430,000 Active

9114 Caddo Road #A & B Overview

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Modern duplex built in 2022 is the perfect opportunity to start building long-term wealth with a cash-flowing investment property already producing income. Both sides are currently rented, allowing you to begin generating returns immediately while growing your real estate portfolio with an asset designed to appreciate and produce income for years to come. Sellers are open to subject-to financing structures for qualified buyers. The existing loan has an interest rate of approximately 5.875%. A subject-to purchase will allow an investor to benefit from below-market financing, lower monthly payments, improved cash flow potential, and favorable existing loan terms. Each unit features 4 bedrooms, 3 bathrooms, 9-foot ceilings, and an open-concept layout with a spacious family room and deluxe chef’s kitchen showcasing Calacatta Vicenza quartz countertops. Energy-efficient features and appliances help reduce utility costs, while smart home technology, including programmable thermostats and keyless smart locks, adds modern convenience and appeal for tenants. Full-size Maytag washers and dryers are also included. Conveniently located just 20 minutes from Downtown Houston and 24 minutes from the Medical Center, this turnkey income-producing property combines modern design, strong rental appeal, flexible financing possibilities, and long-term investment potential. Buyer and buyer's agent are responsible for independently verifying all information. Information provided is deemed reliable but is not guaranteed.

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9114 Caddo Road #A & B Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,426
  • Price/Sq.ft. $126
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Houston ISD
  • Elementary School: Blackshear
  • Middle Or Junior School: Black
  • High School: Bellaire

Income/Expenses

  • Gross Income: 45000.0
  • Insurance Expense: 5000.0
  • Net Operating Income: 90000.0

Building Information

  • Year Built: 2022
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Harris
  • Subdivision Name: Kentshire Place Sec 1

Tax Information

  • Tax Annual Amount: 8191.0

General Information

  • Listing Terms: Assumable,Cash,Conventional
  • Parcel Number: 0771790020039
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 6
  • Bathrooms Half: 0
  • Bathrooms Total: 6
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: Public Records
  • Building Area Total: 3426.0

General Information

  • Appliances: Dryer,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Disposal,Ice Maker,Microwave,Refrigerator,Washer
  • Basement: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Vinyl
  • Foundation Details: Slab
  • Interior Features: Kitchen Island,Smart Home,Walk-In Closet(s)
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Stories: 2

Unit Information

  • Unit Number: A & B

Exterior

Parking Information

  • Parking Features: Assigned,Driveway
  • Parking Total: 4.0

Lot Information

  • Lot Size Acres: 0.168
  • Lot Size Area: 0.168
  • Lot Size Square Feet: 7318.08
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Fiber Cement
  • Patio And Porch Features: Covered
  • Roof: Composition

General Information

  • Carport Spaces: 4.0
  • Carport: Yes
  • Fencing: Fenced
  • Number Of Units Total: 2
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Electricity Connected,Phone Available,Sewer Available,See Remarks,Water Available

Unit Information

Unit 1 Details

  • Unit Type: 4 Bedroom Or More
  • Units Total: 2

Unit 2 Details

  • Unit Type: 4 Bedroom Or More
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

9114 Caddo Road #A & B Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

9114 Caddo Road #A & B Market Data

Based on the last 30 days in this zip code

$206,009
Average List Price
$153
Average Price per Square Foot
0
Properties Sold
99
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network


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