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Houston Single Family B.E.A.F Deal $235k

11103 Humble Gully Run Dr, Humble
ROI
11.19% IRR
Strategy
B.E.A.F
Motivated seller reduced price $30k below assessed value. 1800 sqft 3 bed 2 bath plus flex room that could be a 4th bed. Lease comps in the area support an average of $2200 with several homes leasing for up to $2500. The community is desirable for tenants with good schools. Recently built in 2018 for minimal ongoing maintenance items. HOA $30. Taxes $6746.

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Houston Single Family B.E.A.F Deal $235k

Listed 02/20/2025

11103 Humble Gully Run Dr, Humble

Purchase Price:$235,000

Cash Outlay:$63,450

Cashflow:$842/mo

Cap Rate:6.03%

IRR:11.19%

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