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- 11000 KINGHURST Drive Houston 77099
11000 KINGHURST Drive Houston 77099
KINGHURST T/H CONDOMLS: #30324655
4 months, 15 days, 5 hours, 13 minutes on market
2
Beds2.5
Baths1224
Sq. Ft.
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Property Details
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