Description
Stop searching the numbers work on this one. This income-producing 3-bedroom, 2.5-bath townhome on Single Oak Street sits in the heart of Spring's most consistent rental corridor, w/identical units on the same block currently leasing at $1,595-$1,695/month. At asking price of $175,000, investors are looking at a projected gross annual rental income of $19,140-$20,340 & an estimated gross rental yield of 10.3-11.6%-one of the strongest yields available in the Spring submarket today. Home currently leased for $1495 until 5/31/27. No Hoa fees This 1440+ sq ft 2-story townhome delivers 3-bedroom floor plan that commands the highest rents & lowest vacancy in the Spring Crossing/Timber Lane community. Featuring 2.5 baths, an open living area, functional kitchen, in-unit laundry connections & a 1-car attached garage, this layout is purpose-built for long-term tenants. Private patio/backyard space adds everyday livability. *See Attached Seller's Description & Information Sheet.
Details
| MLS # | 50380454 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| HOA Dues | $350 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 21 |
| Listing Provided By | GOLD KEY REALTY & MANAGEMENT | Randy Hines |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,440 |
| Garage | 2 |
| Story(s) | 2 |
| Acreage | 2971.00 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Spring |
| Zip Code | 77373 |
| Area | 12 |
| Subarea | Spring East |
| Community Name | SPRING CROSSING SEC 2 |
| Listing VS Median (in SPRING CROSSING SEC 2) | |
Price: $175,000 low | high Med: $170,000 sqft: 1,440 low | high Med: 1,340 $ / sqft: $122 low | high Med: $127 On site: 21 low | high Med: 21 | |
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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 |
| Listing VS Median (in SPRING CROSSING SEC 2) | |
Price: $175,000 low | high Med: $170,000 sqft: 1,440 low | high Med: 1,340 $ / sqft: $122 low | high Med: $127 On site: 21 low | high Med: 21 | |