24711 Oconee Dr

Tomball, TX 77375
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3 bd, 2 ba | 1,909 sqft | Built in 2008

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List Price
$250,000

Initial Investment

$68,125

Purchase Price

$250,000

Down Payment

25%

Rent

$2,160

Total Return

$77,275

Annualized Return

16.3%

Cap Rate

5.5%

Gross Yield

10.4%

Cash Flow

-$767

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,563

HOA

$28/mo

Flood Risk

Not Required

Welcome to this warm, inviting home. It offers an open concept to welcome family members and guests. The kitchen has granite counter tops and backsplash, with lots of cabinet space and an island. The master is large with wood floors, window seating, a bathroom with double sinks, separate shower and tub. There is recent flooring though-out (carpet, tile and wood).
Make this your dream home with your own personal desired touches...

MARKETS

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NEIGHBORHOOD

SCHOOLS

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

Annual Financial Highlights

Expected Rent

$24,624

Expenses

-$5,050

Property Taxes

-$6,750

Loan Payments

-$13,591

Net Cash Flow

-$767

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:Kimberley Despania
Agent License 0475793
RA Brokers
Certified Agent Brokerage:Fred McDaniel
Realty ONE Group Iconic
TX Brokerage License 9003340
SourceHouston Association of REALTORS®
MLS #47268294
Last Updated: 03/17/2025 02:03
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