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Houston LTR Single Family 2016 Build – $265k

6843 Oaken Gate Way, Humble
ROI
11.81% IRR
Strategy
Long Term Rental
Located in Humble. 2016 build, excellent condition. Lease comps support $2,400/mo. Sale comps $115–$120/sq ft; priced $118/sq ft. Negotiation strategy: $260k offer, work up to $270k, back to $265k post-inspections. Single-story, quality construction, walk-in equity, cashflow positive. Neighborhood B+, slightly higher quality than White Fir but slightly lower schools. HOA $27. Taxes $6,843.

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Houston LTR Single Family 2016 Build – $265k

Listed 09/12/2025

6843 Oaken Gate Way, Humble

Purchase Price:$265,000

Cash Outlay:$71,550

Cashflow:$44/mo

Cap Rate:6.19%

IRR:11.81%

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