23823 Single Oak, Spring, TX 77373

$175,000
3
BD
3
BA
1,440
SqFt

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List Price
$175,000
Status
ACTIVE
Days on Market
43
MLS#
50380454
Subtype
Residential
Style
Traditional
Year Built
2006
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,440
Lot Size
2,971
Subdivision
Spring Crossing Sec 2
Neighborhood
Spring Crossing
MLS Area Major
12

Property 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.

Additional Information

Interior Features
Ceiling Fans, Dining Combo
Exterior Features
Deck, Patio
HOA Fee
$350
Property Description
Traditional
Flooring
Carpet, Laminate, Vinyl
Appliances
Dishwasher, Range, Disposal, Gas Oven, Gas Range, Microwave, Oven
Heating
Central, Natural Gas
Air Conditioning
Central Air, Electric
Stories
2
Levels
Two
Roof
Composition
Foundation
Slab
Parking Features
Detached, Garage
Garage Spaces
2
School District
Spring
Elementary School
Gloria Marshall Elementary School
Middle School
Ricky C Bailey M S
High School
Spring High School

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Calculator source: Real Geeks

Courtesy of GOLD KEY REALTY & MANAGEMENT