Assignment
Assignable Contract — 3BR Single Family, ~$105,000K Equity · Houston, TX
8989 Lakes at 610 Dr, Houston, TX · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units3
Beds / baths5 / 2.5
Living area2,968 sqft
Lot0.28 acres
Year built1956
About this deal
Under contract and ready to assign. Single Family in Houston, TX — 3 bed / 2.0 bath, 1,936 sq ft, built 1936. Priced at $270,000. Motivated seller, clear title, flexible close. Proof of funds required.
The numbers
- Cap rate
- 10.1%
- Net operating income
- $28,392/yr
- Cash flow
- +$2,366/mo
- Occupancy
- 2 of 3 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.