Turnkey Rental Property in Houston, TX
View Original Listing
Sign in to save
Financial Details
- Asking Price:
- $340,000
- Annual Revenue:
- $26,400
- Cash Flow / SDE:
- $26,400
- Profit Metric:
- Net Operating Income (Annual)
- Valuation Multiple:
- 12.9x
- Location:
- Houston, TX, US
- Source:
- Date:
- September 15, 2025
Key Highlights
Turnkey rental property in a desirable Houston location.
Generates consistent passive income with a $2,200 average monthly rent.
Priced below market value ($340,000 asking vs $370,000 market value) with significant potential for appreciation.
Description
This listing presents a turnkey rental property located in Houston, TX, ideal for investors looking to expand their rental portfolio. The property features 3 bedrooms and 2 bathrooms across 2,386 sqft, built in 2004, on a 7,800 sqft lot with a 2-car detached garage. It is rent-ready and boasts a market value of $370,000, with an asking price of $340,000. The property generates an average monthly rent of $2,200, resulting in an annual Net Operating Income of $26,400. Situated in Harris County, this single-family home offers a solid investment opportunity in a growing market.
Industry Information
- Industry Description:
- Real Estate
- Classification:
- Building & Construction
Operational Snapshot
- Year Established:
- 2004
Real Estate & Lease
- Status:
- For Sale
- Real Estate Price:
- $340,000 USD
- Monthly Rent:
- $2,200 USD
Listing Details
- Listing ID:
- 22398424-dc52-4d07-8d20-5936f9675e46
- Deal Status:
- For Sale
- Date Posted:
- July 26, 2024
- Last Updated:
- September 15, 2025
- Currency:
- USD
Features & Tags
Tags & Categories