23823 Single Oak

Spring, TX 77373

About this property

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.

About this property

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.

Features and Additional Information

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$175,000 Active
3 Bed(s)
3
Baths
1,440 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

$ 175,000
This listing is play_arrow 2.9% higher than the average in the area
$ 170,000 in the area
1,440 SqFt
This listing is play_arrow 7.5% larger than the average in the area
1,340 SqFt in the area
$ 122 $/SqFt
This listing is play_arrow 4.5% less than the average in the area
$ 127 $/SqFt in the area
21 days on site
This listing is play_arrow 0.0% below the average in the area
21 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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