2215 Walnut Fair Lane

Spring, TX 77373

About this property

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

About this property

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

Features and Additional Information

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$165,000 Active
2 Bed(s)
3
Baths
1,240 sqft

Presented By Coldwell Banker Commercial Gateway

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GOLD KEY REALTY & MANAGEMENT
1-281-444-3177
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Area Information

12 | Harris County | SPRING CROSSING SEC 2

$ 165,000
This listing is play_arrow 2.9% lower than the average in the area
$ 170,000 in the area
1,240 SqFt
This listing is play_arrow 7.5% smaller than the average in the area
1,340 SqFt in the area
$ 133 $/SqFt
This listing is play_arrow 4.5% more than the average in the area
$ 127 $/SqFt in the area
22 days on site
This listing is play_arrow 0.0% below the average in the area
22 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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Listed By Randy Hines
Brokerage: GOLD KEY REALTY & MANAGEMENT

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