This 1927-built property in Houston's South Central neighborhood presents a unique opportunity for renovation. With 632 sqft, 2 beds, and 1 bath on a 2,949 sqft lot, it's priced at $125,000 ($198/sqft). The property needs TLC but has good bones and is located in an up-and-coming area near Emancipation Park and the University of Houston.
Consider this property for a flip, but proceed with caution. The area is seeing rehab and new builds, which could boost value. However, the small size may limit profit potential. Evaluate renovation costs carefully, focusing on strategic updates that maximize ROI. The existing build permit could be valuable. Aim for a quick turnaround to capitalize on the neighborhood's momentum.