5017 Richfield Lane, Houston, TX 77048

$100,000 Asking Price

4 beds
2 baths
2,524  sqft
Built in 1950

Calling all investors! This gem is a fixer upper with huge potential. Nestled on a large corner lot, this home offers a blank slate for your imagination to come to life. Perfect flip or rental with a complete renovation. This property is an investor special in need of full finish out. It was originally being setup to accommodate 10 bedrooms and 4 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With close proximity to major highways, downtown, and sporting venues, this property is a diamond in the rough waiting to be polished. Don't miss out on this opportunity - schedule your tour today! Property being sold AS-IS. ALL information deemed reliable but MUST be independently verified by buyer/agent.

Features & Amenities

Interior

General:
En-Suite Bath
Appliances:
Refrigerator Included
Laundry:
Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Flooring:
Tile, Wood
A/C:
true, Ceiling Fan(s), Electric
Heating:
true, Natural Gas

Exterior

Style:
Traditional
Parking:
Detached

Construction

Roofing:
Composition
General:
Cement Siding, 1, Slab

Location

Road/Access:
Concrete
Originating MLS:
Houston Association of Realtors
School District:
27 - Houston
County:
Harris

Lot

Zoning:
LT 26 BLK 9 SOUTH ACRES ESTATES SEC 2, 0832730000026
Fencing:
Back Yard

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
Houston Association of Realtors
Buyers Agent Compensation:
2
NA Compensation:
1

This listing courtesy of:
Realty Right, Erick Harbert

About Houston, TX

Housing

Number of Units
1,285,926
Median Home Value
$256,493
Median Rent
$1,020

52.67% of housing units are renter occupied.

8.97% are vacant.

Commute

Car
74.05%
Public Transportation
2.63%
Walk to Work
1.38%
Work from Home
20.26%
Other
1.35%

The median travel time to work is 25 minutes.

People

Population
3,195,460
Median Age
35.60
Median Household Size
2.89

Education

High School
23.45%
Associate’s Degree
6.44%
Bachelor’s Degree
20.00%
Graduate Degree
12.33%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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