11000 Kinghurst Drive 168,Houston, TX 77099
Houston, TX 77099
Description
Positioned as a fully stabilized, income-producing investment, this well-maintained 2-bedroom, 2.5-bath townhome offers investors a rare opportunity to acquire a performing asset with predictable cash flow and long-term income security from Day One. Located in a stable working-to-middle-income submarket, the property represents a strong Class C+ workforce housing investment. The property is currently occupied by a reliable, long-term tenant under a 5-year lease agreement, providing built-in income stability. The lease includes two structured rent increases scheduled for Year 3 and Year 5, creating organic income growth. The asset remains in solid condition with no immediate repairs or capital improvements required, allowing the incoming investor to operate the property as a true turnkey rental. From an investment standpoint, the property produces CASH FLOW and operates with predictable expenses. A stabilized Class C+ rental offering an attractive CAP RATE
Details
| MLS # | 30324655 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $360 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 192 |
| Listing Provided By | REALM Real Estate Professionals - West Houston | Johnathan Callery |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,224 |
| Car Port | Yes |
| Pool | Yes |
| Story(s) | 2 |
Parking
| Parking Features | Assigned, Carport, Detached Carport |
|---|
Location
| Community Features | Community Pool |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77099 |
| Area | 28 |
| Subarea | Stafford Area |
| Community Name | KINGHURST T/H CONDO |
| Listing VS Median (in KINGHURST T/H CONDO) | |
Price: $125,000 low | high Med: $125,000 sqft: 1,224 low | high Med: 1,224 $ / sqft: $102 low | high Med: $102 On site: 192 low | high Med: 192 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77099 |
| Area | 28 |
| Subarea | Stafford Area |
| Community Name | KINGHURST T/H CONDO |
| Listing VS Median (in KINGHURST T/H CONDO) | |
Price: $125,000 low | high Med: $125,000 sqft: 1,224 low | high Med: 1,224 $ / sqft: $102 low | high Med: $102 On site: 192 low | high Med: 192 | |
.jpg){kind=logo}
Land & Ranch 210.483.7500 | Bandera 830.850.6700 | Global Luxury 210.483.5700 | Coldwell Banker Commercial Alamo City 210.483.6250
North Central San Antonio / Stone Oak 210.483.7070 | Harper Property Management 210.483.7040 | Relocation Services 210.483.7121
North West San Antonio 210.483.0000 | Laredo 956.722.4822 | Coldwell Banker Commercial International Gateway 956.937.2867
