2215 Walnut Fair Lane, Spring, TX 77373
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2215 Walnut Fair Lane,Spring, TX 77373
$165,000
- 2 Beds
- 3 Baths
- 1,240 sq. ft.
- Townhouse
- Active
Listed by: randy hines
Office: gold key realty & management281-444-3177
MLS#:56731099
Source:HARMLS
Price summary
- Price:$165,000
- Price per sq. ft.:$133.06
About this home
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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Home facts
- Year built:2006
- Subdivision & Development:SPRING CROSSING SEC 2
- Listing ID #:56731099
- Updated:October 01, 2026 at 01:10 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Rooms Total:4
- Flooring:Carpet, Laminate
- Dining Description:Kitchen Dining Combo
- Bathrooms Description:Tub Shower
- Kitchen Description:Dishwasher, Disposal, Gas Cooktop, Gas Range, Kitchen Dining Combo, Oven
- Living area:1,240 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2006
- Building area:1,240 sq. ft.
- Architectural Style:Traditional
- Construction Materials:Wood Siding
- Exterior Features:Patio
- Foundation Description:Slab
- Levels:2 Stories
Schools
- High school:SPRING HIGH SCHOOL
- Middle school:RICKY C BAILEY M S
- Elementary school:GLORIA MARSHALL ELEMENTARY SCHOOL
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$165,000
- Price per sq. ft.:$133.06
Features and amenities
- Appliances:Dishwasher, Disposal, Gas Cooktop, Gas Range, Oven
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:1
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