5514/5516 Deep Forest Drive, Houston, Texas 77092
$355,000
3 Beds
2 Full Baths
Multi-Family
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About 5514/5516 Deep Forest Drive
SMART BUYERS & INVESTORS WELCOME! VERY LOW TAX RATE WITH INCOME POTENTIAL JUST NORTH OF OAK FOREST! This income-producing duplex / multi-family property offers a prime opportunity for both seasoned investors and first-time buyers seeking rental property in Houston. Each spacious unit features 3 bedrooms, 2.5 baths, and approximately 1,607 SF of functional living space, ideal for tenant retention and consistent cash flow. One unit is currently leased, providing immediate rental income, while the other offers flexibility for owner-occupants or additional leasing potential. Live in one side as your primary residence while generating passive income from the other, or step into real estate investing and landlord ownership with confidence. The home has been updated over time, offering long-term investment potential. Located with easy access to Hwy 290, I-10, and 610. Great addition to your rental portfolio. Schedule your showing today.
Highlights
5514/5516 Deep Forest Drive
$355,000
Multi-Family
3,215 Home Sq Ft
Houston 77092
3 Beds
2 Full Baths
8,510 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
096-559-000-0027
Tax Rate
2.2642%
Taxes w/o Exemption/Yr
$6,863 / 2025
Maint Fee
Yes / $188 Annually
Maintenance Includes
Other
Interior Features
Fireplace
No
Heating
Electric
Cooling
Electric
Appliances
Dishwasher, Disposal, Microwave, Range
Dishwasher
Yes
Range
Yes
Disposal
Yes
Microwave
Yes
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
Lot Description
0 Up To 1/4 Acre, Other
New Construction
No
Listing Firm
Walzel Properties - Corporate Office
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Wainwright Elem | Elementary | 6 of 10 |
| Clifton Middle (Houston) | Middle | 4 of 10 |
| Scarborough High | High | 3 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
