Listing Courtesy of: Randy Hines - GOLD KEY REALTY & MANAGEMENT
281-444-3177
$165,000
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2215 Walnut Fair Lane Spring, TX 77373
Townhouse
Residence
2
Beds
3
Baths
...
Bed/Bath
1,240
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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
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MLS#
56731099
Property Type
Townhouse
Bedrooms
2
Bathrooms
2 Full/1 Half
Year Built
2006
Square Feet
1,240
sq. ft
Price per Sq. Ft.
$1,240.00
Stories
2.0
Sewer
Public Sewer
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