22911 Pebworth Pl

Spring, TX 77373
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3 bd, 2 ba | 1,474 sqft | Built in 1994

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List Price
$165,000

Initial Investment

$44,963

Purchase Price

$165,000

Down Payment

25%

Rent

$1,770

Total Return

$65,186

Annualized Return

19.5%

Cap Rate

5.6%

Gross Yield

12.9%

Cash Flow

-$550

Appreciation

7.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,300

HOA

$41/mo

Flood Risk

Not Required

Welcome to this charming 1 story home featuring 3 bedrooms, 2 bathrooms and a 2 car attached garage in the popular Spring neighborhood of Timber Lane. Large sun-drenched family with tall ceilings that is open to the dining area and kitchen offering an inviting atmosphere for relaxation and gatherings. Laminate floors in the main living areas. Bright white kitchen with plenty of storage. Spacious primary bedroom with ensuite bath. Nice sized secondary bedrooms that share the 2nd bathroom. Large, fenced back yard with patio and plenty of room for pets and kids to play. New roof in 2017. Convenient to dining, shopping, parks, I-45, Hardy Toll Road, Grand Parkway and the airport. Floor plan attached.

See more in Analysis
Fred McDaniel
Realty ONE Group Iconic
TX Agent License #573495

Annual Financial Highlights

Expected Rent

$20,178

Expenses

-$4,868

Property Taxes

-$6,890

Loan Payments

-$8,970

Net Cash Flow

-$550

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:Melissa Franklin
Agent License 0652598
RE/MAX Integrity
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #92539215
Last Updated: 04/20/2025 01:04
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