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    $125,000
    For Sale

    11000 Kinghurst Drive #168

    Houston, TX 77099
    1224 sqft | 2 beds | 2.5 baths | #30324655
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    11000 Kinghurst Drive #168
    22 photos
    Type:Purchase
    Structure:Townhouse
    Zone:Residential

    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

    • Property Details
        • Exterior MaterialsFront Green Space, Side Green Space, Storage
        • Elementary SchoolSMITH ELEMENTARY SCHOOL (ALIEF)
        • Interior2 Bedrooms Up, All Bedrooms Up
        • Property SubtypeTownhouse/Condo, Condominium
        • SubdivisionKinghurst T/H Condo
        • Middle SchoolOlle Middle School
        • Utility SourceWater District
        • Lot DescriptionOn Corner
        • School District2 - Alief
        • High SchoolAISD DRAW
        • Property TypePurchase
        • MLS #30324655
        • MLS #30324655
        • CountyHarris
        • Cost125000
        • Structure TypeCondo
        • Square Feet1224
        • Year Built1983
        • FoundationSlab
        • Bathrooms2.5
        • Hoa Fees360
        • Fireplaces1
        • Bedrooms2
        • Full Baths2
        • Half Baths1
        • Stories2
        • Pool1

    Location

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    The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

    The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Houston Realtors Information Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

    Copyright 2022 Houston Association of REALTORS, Inc. All rights reserved.

    Last Updated: Yesterday at 7:40 PM. Source: HARMLS

    Provided By
    Listing Agent: Johnathan Callery (#jcallery)
    Listing Office: REALM Real Estate Professionals - West Houston (#RELM01)

    Eric ReedReal Estate Group
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