21365 Ferne Leaf Dr

Porter, TX 77365
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2 bd, 2 ba | 1,056 sqft | Built in 1994

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List Price
$188,000

Initial Investment

$51,230

Purchase Price

$188,000

Down Payment

25%

Rent

$1,390

Total Return

$73,016

Annualized Return

19.2%

Cap Rate

5.5%

Gross Yield

8.9%

Cash Flow

-$595

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

23,598

HOA

None

Flood Risk

Not Required

LOCATION! Don't miss the oportunity to own this great 2 bedroom 2 bath home on 1/2 acre of land. This porperty is in a great location with easy access to the the new HWY 99 ( Grand Toll Rod) minutes to shopping centers and dinning! Very well maintained manufactured home with no HOA and no restrictions.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495

Annual Financial Highlights

Expected Rent

$15,846

Expenses

-$2,821

Property Taxes

-$3,400

Loan Payments

-$10,221

Net Cash Flow

-$595

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Andrea Garcia
Agent License 0807317
Propel Realty
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #94871833
Last Updated: 08/14/2025 13:08
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information 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. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.