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Image 1 - 503 Flaghoist Ln, Houston, Texas, 77079 - House for sale
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Image 4 - 503 Flaghoist Ln, Houston, Texas, 77079 - House for sale
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Home For Sale In Houston, Texas
503 Flaghoist Ln, Houston, Texas, 77079

Home For Sale In Houston, Texas

house for sale
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Listed: 03/15/24

503 Flaghoist Ln, Houston, Texas, 77079

5 Bed:
3.5 Bath:
2,999 Sq Ft Living Area:
Save
Price
$ 469,900

About This House

This spacious property boasts 5 bedrooms, 4 bathrooms, a 3-car garage, a swimming pool, a luxurious sauna room, entertainment space upstairs offering an unparalleled blend of comfort and luxury. While this home is primed for extraordinary living, it presents a fantastic opportunity for those with a vision. A little TLC and$150, 000: 100% all-in renovation investment, this diamond in the rough can be transformed, tailored to your unique tastes and preferences (white porcelain floor, recessed lights, modernly equipped kitchen, cedar sauna room, etc). This home is ideal for a buy and hold strategy with a potential rental income of$3, 500per month! Located in the heart Energy Corridor, Houston, TX 77079,just off I-10 and Hwy 6, it offers perfect convenience and accessibility. With an estimated After Repair Value (ARV) of$700, 000,projected to appreciate to $1.2 million in 8-9 years, this investment opportunity is fantastically amazing. $150K: 100% renovation, $700K ARV

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Houston Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 1 bed houses for sale in/near Houston, United States averaged $419,468, an increase of 44.4% from the previous month.
Median price trends for properties for sale in Houston, United States as of May 2024.

Household Income

Median household income: $51,203
Number of households: 849,105
The average household income in Houston, TX grew from $50,896 to $51,203 in the past year. This data is an estimate based upon 849,105 households in Houston, TX.
The chart below presents how household income is distributed in Houston, TX in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Houston, TX compared to median property taxes around the country. The prevalent amount of property taxes in Houston, TX equals $3k+ , which is more than the national average.