11000 Kinghurst Dr Unit 168, Houston, TX 77099
- $125,000
- 2
- BD
- 3
- BA
- 1,224
- SqFt
- List Price
- $125,000
- Price Change
- ▲ $15,000 1775929267
- MLS#
- 30324655
- Status
- ACTIVE
- Type
- Condo
- Subtype
- Residential
- Style
- Split Level
- Year Built
- 1983
- Bedrooms
- 2
- Bathrooms
- 3
- Living Area
- 1,224
- County
- Harris
- Area
- 28
- City
- Houston
- Subdivision
- Kinghurst T/H Condo
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
Additional Information
- Interior Features
- Breakfast Area, Granite Counters, Bath in Primary Bedroom, Pots And Pan Drawers, Pantry, Self Closing Cabinet Doors, Ceiling Fans, Dining Combo
- Flooring
- Tile
- Foundation
- Slab
- Roof
- Composition
- Stories
- 2
- Pool
- Yes
- Fireplaces
- 1
- Carport Spaces
- 2
- School District
- Alief
- Elementary School
- Smith Elementary School (Alief)
- Middle School
- Olle Middle School
- High School
- Aisd Draw
- Community Features
- Pool
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Listing courtesy of Johnathan Callery from REALM Real Estate Professionals - West Houston. Contact: