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Houston Luxury STR Townhome Producing Proven Revenue Turnkey $960k

911 Thompson St, Houston
ROI
28.73% IRR
Strategy
Short Term Rental
Fully operational short-term rental generating strong in-place revenue with 75% to 85% occupancy and premium nightly rates ranging from $490 to $1,264, driven by large group bookings in a high demand Houston submarket. Four story luxury townhome with over 3,100 square feet, 4 bedrooms, 3.5 bathrooms, rooftop deck, skyline views, and high-end finishes designed specifically for premium STR performance. Delivered fully furnished with systems already in place and optional management available, allowing immediate income with no setup or lease up required. Located in Rice Military on Washington Ave with direct access to Downtown, Montrose, and River Oaks, surrounded by major demand drivers including corporate travel, events, and tourism. Strong upside through active management, rate optimization, and major upcoming events, making this a high-quality turnkey STR with both immediate cash flow and long-term appreciation.

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Houston Luxury STR Townhome Producing Proven Revenue Turnkey $960k

Listed 03/24/2026

911 Thompson St, Houston

Purchase Price:$960,000

Cash Outlay:$259,200

Cashflow:$3,027/mo

Cap Rate:9.18%

IRR:28.73%

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