2215 Walnut Fair Lane
Spring, Texas, 77373, United States
1,240
ft²
0.07
acres
2
beds
3
baths
Property Provided By
- Randy Hines
- GOLD KEY REALTY & MANAGEMENT
- +1 (281) 444-3177
Property Information
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
Directions
I-45 to Cypresswood to Aldine Westfield Right to left on Prairie Bird to left on Village Crossing to Spring Crossing
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Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-10-09 11:48:14. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
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Property Provided By
- Randy Hines
- GOLD KEY REALTY & MANAGEMENT
- +1 (281) 444-3177
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