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Brandon Grell

brandon@thegrellteam.com +1(830) 444-1352

$ 125,000

Est. payment | -/mo

2 Beds

3 Baths

1,224 SqFt

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$ 125,000

Est. payment | -/mo

Save

2 Beds

3 Baths

1,224 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,224 sqft

Price per Sqft $102

Subdivision Kinghurst T/H Condo

MLS Listing ID 30324655

Style Split Level

Bedrooms 2

Full Baths 2

Half Baths 1

HOA Fees $30/mo

HOA Y/N No

Year Built 1983

Property Sub-Type Condominium

Property 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

Location

State TX

County Harris

Community Community Pool

Area Stafford Area

Interior

Interior Features Breakfast Bar, Granite Counters, Bath in Primary Bedroom, Pots & Pan Drawers, Pantry, Self-closing Cabinet Doors, Ceiling Fan(s), Kitchen/Dining Combo

Heating Central, Electric, Gas

Cooling Central Air, Electric

Flooring Tile

Fireplaces Number 1

Fireplaces Type Electric, Gas Log

Fireplace Yes

Appliance Dryer, Dishwasher, Disposal, Microwave, Trash Compactor, Washer, Refrigerator

Exterior

Exterior Feature Deck, Fence, Patio, Storage

Parking Features Assigned, Carport, Detached Carport

Carport Spaces 2

Pool Screen Enclosure, Association

Community Features Community Pool

Amenities Available Maintenance Grounds, Pool

Water Access Desc Public

Roof Type Composition

Porch Deck, Patio

Private Pool Yes

Building

Story 2

Entry Level Two,Multi/Split

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Split Level

Level or Stories 2

New Construction No

Schools

Elementary Schools Smith Elementary School (Alief)

Middle Schools Olle Middle School

High Schools Aisd Draw

School District 2 - Alief

Others

HOA Name KINGHURST TOWNHOME

HOA Fee Include Common Areas,Maintenance Grounds,Maintenance Structure,Sewer,Trash,Water

Tax ID 114-608-020-0005

Ownership Full Ownership

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA, Investor Financing, Owner May Carry

Listing Terms Cash, Conventional, FHA, Investor Financing, Owner May Carry

Houston Realtors Information Service / HAR MLS

Listed by REALM Real Estate Professionals - West Houston Johnathan Callery

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(830) 444-1352

brandon@thegrellteam.com

Mobile Office

11000 KINGHURST DR #168 Houston, TX 77099

Brandon Grell

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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11000 KINGHURST DR #168