Description
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.
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3BEDS
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N/AACRES
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2BATHS
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11/2 BATHS
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1,440SQFT
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$122$/SQFT
School Information
Description
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.