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1561 Scharpe Street

Houston, TX 77023

3 beds
4 baths
1,081 sqft
6,250 sqft lot
$434 per sqft
1935 build
– on site

Welcome to investor's paradise in the heart of East Downtown! This income-producing gem offers multiple rental avenues, perfect for savvy investors or homeowners looking to offset their mortgage- a total of 2137 sq ft of living space. The MAIN HOME (1081 sq ft)is a cozy 2-bed, 2-bath retreat, offering comfort and charm with a practical layout ideal for long-term tenants, or students. In the back, a fully equipped GARAGE APT -ONE UNIT- (1056 sq ft) is ready for short-term or long-term rental, providing excellent flexibility for Airbnb, travel nurses, or student housing. Additional features include: gated driveway and fully fenced property for privacy and peace of mind , extended driveway with generous parking – ideal for multiple tenants or guests, prime location – just a 5-minute drive to the University of Houston campus and minutes from dining, nightlife, and entertainment in EADO. Don't miss this turnkey property, and schedule for a showing today!

Listing courtesy of HAR / Nextgen Real Estate Properties

Last checked: Checking… • Last updated Jun 9, 2025 •

MLS# 97970030 —

The Building

Year Built:

1935
Year Built Source:

Appraisal District
Architectural Style:

Traditional
New Construction:

false
Construction Materials:

Brick
Structure Type:

Free Standing
Roof:

Composition
Foundation Details:

Block & Beam

Interior

Interior Features:

All Bedrooms Down,All Bedrooms Up
Laundry Features:

Electric Dryer Hookup
Flooring:

Laminate
Living Area:

1081
Living Area Units:

Square Feet
Stories:

1

Location

Longitude:

-95.327964
Latitude:

29.724706

The Property

Property Type:

Residential
Property Sub Type:

Single Family Residence
Other Structures:

Detached Gar Apt /Quarters
Parcel Number:

0542490000034
Lot Features:

Other
Lot Size Area:

0.1435
Lot Size Acres:

0.1435
Lot Size Square Feet:

6,250 Sqft
Lot Size Units:

Acres
Lot Size Source:

Appraisal District
Fencing:

Back Yard

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$10,047

Beds

Bedrooms Total:

3

Baths

Bathrooms Full:

3
Bathrooms Half:

1
Bathrooms Total:

4

Heating & Cooling

Cooling:

Ceiling Fan(s)
Cooling:

true
Heating:

Natural Gas
Heating:

true

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Disposal

Schools

Elementary School:

Cage Elementary School
Middle School:

Navarro Middle School (Houston)
High School District:

27 - Houston
High School:

Austin High School (Houston)

The Community

Subdivision Name:

Broadmoor Add
Pool Area:

false
Pool Private:

false

Parking

Parking Features:

Automatic Gate
Parking Total:

2
Garage:

true
Garage Spaces:

2
Attached Garage:

false
Carport:

false
Covered Spaces:

2

Monthly cost estimate

Asking price

$470,000

Expense	Monthly cost
Mortgage	$2,516
Taxes	$837
Insurance	$129
Utilities	$160 See report
Total	$3,642/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

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This house located in South Central Houston, Houston, TX 77023 is currently for sale for $470,000. 1561 Scharpe Street is a 1,081 square foot house with 3 beds and 4 baths that has been on Estately for 11 days. 1561 Scharpe Street is in the South Central Houston neighborhood of Houston and has a WalkScore® of 47, making it car-dependent. This house is in the attendance area of Cage Elementary School, Navarro Middle School, and Austin High School.

Listing Courtesy of: HAR and Nextgen Real Estate Properties.

© 2025 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. Houston Realtors Information Service, Inc., Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Houston Realtors Information Service, Inc. and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.