18519 Falcon Crest Dr

Humble, TX 77346
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4 bd, 3.5 ba | 2,979 sqft | Built in 2002

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List Price
$349,900

Initial Investment

$95,348

Purchase Price

$349,900

Down Payment

25%

Rent

$2,800

Total Return

$95,634

Annualized Return

14.4%

Cap Rate

5.0%

Gross Yield

9.6%

Cash Flow

-$2,842

Appreciation

5.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,825

HOA

$35/mo

Flood Risk

Not Required

Spacious home with many updates and upgrades located on cul de sac street in Walden on Lake Houston. This open concept light and bright home features tons of natural light with two story entry flanked by formal dining and study/optional formal living with two story ceilings and hardwood floors. Family room with 20 foot ceilings and beautiful hardwood flooring and direct vent fireplace is open to updated kitchen featuring quartz counter tops, updated tile backsplash and stainless steel appliances. Breakfast bar plus breakfast area. Primary suite is located on first floor with updated en suite bath that is totally tiled with subway tile with frameless walk in shower and jetted tub and updated plumbing and light fixtures. Upstairs offers a huge game room with 3 additional larger secondary bedrooms and 2 additional full baths for a total of 4 bedrooms and 3.5 baths. The pristine backyard features a firepit and workshop/storage building. Sprinkler system. Immaculate home!

See more in Analysis
Ariana White
EXP Realty, LLC
TX Agent License #714146

Annual Financial Highlights

Expected Rent

$31,920

Expenses

-$6,289

Property Taxes

-$9,450

Loan Payments

-$19,022

Net Cash Flow

-$2,842

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:Kelly Polasek
Agent License 0393882
RE/MAX Associates Northeast
Certified Agent Brokerage:Ariana White
EXP Realty, LLC
TX Brokerage License 603392
SourceHouston Association of REALTORS®
MLS #59321002
Last Updated: 03/16/2025 19:03
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