For Sale

$312,500

HIGHLIGHTS:
  • Active
  • $4,937/month
  • 21 DOM
  • 1 Stories
  • 0 Beds
  • 1,560 SqFT
Description

5.99% Interest Rate offered for qualified buyers. this is a single family rental with a tenant in place through February 2nd, 2026 paying $2707 per month. Property management already in place and will continue after the sale for easy out of state ownership charges 6%. Highly rated schools. Historic 8.4% year over year appreciation in this zip code (one of the highest appreciation rates in the state). It’s similar to the Sherman market in 2021 - 22 or the North Austin markets in 2019 with a lot of room for price to run while cash flowing positive from day 1. 2022 build for minimal maintenance. A perfect deal for any investor looking for a mix of cashflow and appreciation in a low maintenance asset. Investors can purchase a single home, or ask about bundling multiple homes together for a package deal. KEY FEATURES: -Professional management in place -Long term tenant in place -Recently built -High historic rates of appreciation -Great schools -20 mins to downtown Houston

Overview
  • MLS Number: 82434220
  • Type: Multi-Family - Multiple Detached Dw
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 1,560 SqF
  • Land Size: 10,215 sqft
  • Year Built: 2022
Financial
Price:
$312,500
Price/SqFT:
$200.32
HOA Fee:
$96 Monthly
Tax Rate:
3.16108 %
Est. Monthly:
$4,937 *
Tax Amount:
$9,878
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Gas
    Cooling:
    Central Electric
  • Roof:
    Composition

Listed By:
Victor Steffen

eXp Realty, LLC

The data on this website relating to real estate for sale comes in part from the IDX Program of the Houston Association of REALTORS®. All information is believed accurate but not guaranteed. The properties displayed may not be all of the properties available through the IDX Program. Any use of this site other than by potential buyers or sellers is strictly prohibited.

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