2215 Walnut Fair Ln, Spring, TX 77373
- $165,000
- 2
- BD
- 3
- BA
- 1,240
- SqFt
- List Price
- $165,000
- Status
- ACTIVE
- Days on Market
- 43
- MLS#
- 56731099
- Subtype
- Residential
- Style
- Traditional
- Year Built
- 2006
- Bedrooms
- 2
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 1,240
- Lot Size
- 2,996
- Subdivision
- Spring Crossing Sec 2
- Neighborhood
- Spring Crossing
- MLS Area Major
- 12
Property Description
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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Additional Information
- Interior Features
- Tub Shower, Dining Combo
- Exterior Features
- Deck, Patio
- Property Description
- Traditional
- Flooring
- Carpet, Laminate
- Appliances
- Dishwasher, Gas Cooktop, Disposal, Gas Range, Oven
- Heating
- Central, Natural Gas
- Air Conditioning
- Central Air, Electric
- Stories
- 2
- Levels
- Two
- Roof
- Composition
- Foundation
- Slab
- Parking Features
- Attached, Garage
- Garage Spaces
- 1
- 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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Courtesy of GOLD KEY REALTY & MANAGEMENT