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For Sale

11000 KINGHURST Dr #168 Houston, TX 77099

$125,000

HIGHLIGHTS:
  • Active
  • $1,711/month
  • 49 DOM
  • 2 Stories
  • 2 Beds
  • 2 Full & 1 half
  • 1,224 SqFT
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

Overview
  • MLS Number: 30324655
  • Type: Townhouse/Condo - Condominium
  • Bedrooms: 2
  • Bathrooms: 2 Full & 1 half
  • Garages: N/A
  • Size: 1,224 SqF
  • Land Size:
  • Year Built: 1983
Financial
Price:
$125,000
Price/SqFT:
$102.12
HOA Fee:
$360 Monthly
Tax Rate:
2.37166 %
Est. Monthly:
$1,711 *
Tax Amount:
$2,965
Amenities and features
  • Patio/Deck
  • Private Pool
  • Public Pool
  • Corner Lot
  • Energy Efficient
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Living:
    1st
    Kitchen:
    1st
    Primary Bedroom:
    11.8 x 19.8
  • Bedroom:
    11.8 x 19.8
    Primary Bath:
    2nd
    Bath:
    2nd
  • Fireplace:
    1/Electric Fireplace,Gaslog Fireplace
    Floors:
    Tile
    Countertop:
    Granite
    Bathroom Description:
    Half Bath,Two Primary Baths
    Bedroom Desc:
    2 Bedrooms Up,All Bedrooms Up
    Kitchen Desc:
    Breakfast Bar,Pantry,Pots/Pans Drawers,Soft Closing Cabinets
    Room Description:
    1 Living Area,Kitchen/Dining Combo,Utility Room in House
    Heating:
    Central Electric,Central Gas
    Cooling:
    Central Electric
    Dishwasher:
    Yes
    Disposal:
    Yes
    Compactor:
    Yes
    Microwave:
    Yes
    Ice Maker:
    No
    Appliances:
    Dryer Included,Refrigerator,Washer Included
    Energy Feature:
    Attic Vents,Ceiling Fans
    Interior:
    Fire/Smoke Alarm,Refrigerator Included,Split Level
  • Roof:
    Composition
    Foundation:
    Slab
    Private Pool:
    Yes
    Private Pool Desc:
    Enclosed
    Exterior Type:
    Brick
    Parking:
    Assigned Parking,Carport Parking
    Carport Description:
    Detached Carport
    Water Sewer:
    Water District
    Unit Location:
    On Corner
    Area Pool:
    Yes
    Exterior:
    Fenced,Front Green Space,Patio/Deck,Side Green Space,Storage
Documents
file
Investors Investment Package

Listed By:
Johnathan Callery

REALM Real Estate Professionals - West Houston

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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