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Houston Single Family Rental $250k

208 Temple Memorial Dr, Magnolia
ROI
14.92% IRR
Strategy
Short Term Rental
2021 build for low maintenance in a great location outside Houston. Schools rated 6s, and lease comps are steady at $2,200 for 1,900 sq. ft. 4-bed homes in the neighborhood. Seller is a REIT, so response times may be slower. HOA $48. Taxes $8,702.

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Houston Single Family Rental $250k

Listed 02/06/2025

208 Temple Memorial Dr, Magnolia

Purchase Price:$250,000

Cash Outlay:$67,500

Cashflow:$295/mo

Cap Rate:4.57%

IRR:14.92%

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