17419 Ranch Country Rd
Hockley, TX 77447
Sold
Exclusive
List Price
$165,000
Initial Investment
$41,965Features
Occupancy
Occupied
Lease Start
11/08/2021
Lease End
11/07/2022
Property Type
Townhouse
Lot Size
3,245
HOA
$21/mo
Flood Risk
Not Required
- Tenant occupied with stable tenant
- Fully renovated throughout
- 30-minute drive from Houston and major industry
- 5.6% cap rate
- 10.5% gross yield
- $1436 positive annual cash flow
See more in Analysis
Annual Financial Highlights
Expected Rent
$16,730Expenses
-$5,091Property Taxes
-$3,100Loan Payments
-$8,372Net Cash Flow
$166See more in Financials
Property Characteristics
Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
- This property will be professionally inspected before closing.
- You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
- Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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