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.