Description
Immediate cash flow potential with a market-validated rental rate of $1,350-$1,395/month. Currently rented at $1350 with lease expiring on 6/30/27. This well-maintained 2-bedroom, 2.5-bath townhome in the established Spring Crossing community is a ready-to-go addition to any rental portfolio. Listed at $165,000, investors can expect a projected gross annual rental income of $16,200-$16,740 and an estimated gross rental yield of 9.8-10.1%. The Property: Built in 2006, this 1,240 sq ft two-story townhome features an open-concept island kitchen, in-unit utility room with washer/dryer connections, 1-car attached garage, private deck/patio, and 2 full baths plus a half bath - a layout that commands premium rents and reduces tenant turnover. Laminate and carpet flooring throughout. Slab foundation, composition roof. *Document prepared by Seller
Details
| MLS # | 56731099 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 20 |
| Listing Provided By | GOLD KEY REALTY & MANAGEMENT | Randy Hines |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,240 |
| Garage | 1 |
| Story(s) | 2 |
| Acreage | 0.07 |
Interior
| Heating | Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Electric |
| Cooling Yes / No | Yes |
| Appliances | Disposal, Freestanding Oven, Gas Cooktop, Gas Range, Dishwasher |
| Interior Features | All Bedrooms Up |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Slab |
| Lot Features | On Street |
| Patio And Porch Features | Patio/Deck |
| Construction Materials | Wood Siding |
Parking
| Attached Garage Yes / No | Yes |
|---|---|
| Garage Yes / No | Yes |
| Parking Features | Attached |
Utilities
| Sewer | Public Sewer |
|---|---|
| Water Source | Public |
Location
| Road Surface Type | Concrete, Curbs, Gutters |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Spring |
| Zip Code | 77373 |
| Area | 12 |
| Subarea | Spring East |
| Community Name | Spring Crossing Sec 2 |
| School District | 48 - Spring |
| Elementary School | Gloria Marshall Elementary Schoo |
| High School | 48 - Spring |
| Listing VS Median (in Spring Crossing Sec 2) | |
Price: $165,000 low | high Med: $170,000 sqft: 1,240 low | high Med: 1,340 $ / sqft: $133 low | high Med: $127 On site: 20 low | high Med: 20 | |
Market Activity 77373
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Spring |
| Zip Code | 77373 |
| Area | 12 |
| Subarea | Spring East |
| Community Name | Spring Crossing Sec 2 |
| School District | 48 - Spring |
| Elementary School | Gloria Marshall Elementary Schoo |
| High School | 48 - Spring |
| Listing VS Median (in Spring Crossing Sec 2) | |
Price: $165,000 low | high Med: $170,000 sqft: 1,240 low | high Med: 1,340 $ / sqft: $133 low | high Med: $127 On site: 20 low | high Med: 20 | |
