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ListDeed
Land contract

Installment Sale · 3BR/2.0BA · Houston, TX

12650 N Featherwood Dr, Houston, TX · Listed Jan 2025

The seller hasn’t added photos yet
Property typeApartment
Units97
Living area38,397 sqft
Lot1.2 acres
Year built1947

About this deal

Installment sale on a single-family home located at 12650 N Featherwood Dr, Houston, TX. Purchase price $205,000 with negotiable down payment and monthly terms. Seller holds title until the contract is paid in full. Clean title, cooperative seller, smooth closing anticipated.

The numbers

Cap rate
9.2%
Net operating income
$28,284/yr
Cash flow
+$2,357/mo
Occupancy
61 of 97 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.