11000 KINGHURST DRIVE #168, HOUSTON, TX 77099
Homes for sale in Houston.
Homes for sale in 77099.
List Price$125,000
11000 KINGHURST Drive #168
Houston, TX 77099
Listing #30324655
2
Bedrooms
2 full, 1 partial
Bathrooms
1,224
Square Feet
Condo
Type
About This Property
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 Features
Location Information
County
Harris
Longitude
-95.574691
MLS Area
Stafford Area
Subdivision
KINGHURST T/H CONDO
Latitude
29.665634
Directions
FROM DOWNTOWN HOUSTON TAKE 69 SOUTH AND EXIT WILCREST/MURPHY RD. TURN RIGHT ON WILCREST AND DRIVE TO KINGHURST DR. MAKE A LEFT AND PASS LANDSBURY DR, PROPERTY WILL BE ON THE RIGHT. TURN INTO COMPLEX GO STRAIGHT DOWN, TURN LEFT AND MAKE THE FIRST LEFT. UNIT WILL BE AT THE END ON THE RIGHT NEAR FENCE.
Interior Features
Room Descriptions
Bathroom, Half Bath, Kitchen, Living Room, Primary Bathroom, 11.8 x 19.8 Bedroom, 11.8 x 19.8 Primary Bedroom
Has Fireplace
Yes
Interior
Breakfast Bar, Granite Counters, Bath in Primary Bedroom, Pots & Pan Drawers, Pantry, Self-closing Cabinet Doors, Ceiling Fan(s), Kitchen/Dining Combo
Fireplace Description
Deck, Fence, Patio, Storage
1/2 Baths
1
Exterior Features
Style
Split Level
Parking Description
Assigned, Carport, Detached Carport
Stories
2
Has a Pool
Yes
Is New Construction
No
Lot Size in Acres
0
Construction
Brick
Lot Size in Sq. Ft.
0
Exterior
Deck, Fence, Patio, Storage
Is One Story
No
School
School District
Alief
Middle School
OLLE MIDDLE SCHOOL
Elementary School
SMITH ELEMENTARY SCHOOL (ALIEF)
High School
AISD DRAW
Additional Information
Finance Available
Cash, Conventional, FHA, Investor Financing, Owner May Carry
Year Built
1983
Property Type
CND
Status
Active
Property SubType
Condominium
Similar Listings
Mortgage Calculator
$583
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$450
Monthly Tax
$104
Monthly Insurance
$29
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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