2215 Walnut Fair Lane, Spring, TX 77373

• 2 beds |
• 3 baths |
• 1,240 sqft

Property Description

Immediate cash flow potential with a market-validated rental rate of $1,350–$1,395/month. Currently rented at $1350 with lease expiring on 6/30/27. This well-maintained 2-bedroom, 2.5-bath townhome in the established Spring Crossing community is a ready-to-go addition to any rental portfolio. Listed at $165,000, investors can expect a projected gross annual rental income of $16,200–$16,740 and an estimated gross rental yield of 9.8–10.1%. The Property: Built in 2006, this 1,240 sq ft two-story townhome features an open-concept island kitchen, in-unit utility room with washer/dryer connections, 1-car attached garage, private deck/patio, and 2 full baths plus a half bath — a layout that commands premium rents and reduces tenant turnover. Laminate and carpet flooring throughout. Slab foundation, composition roof. *Document prepared by Seller

Listing Status:

Active

Date Added:

August 5, 2026

Data Last Updated:

August 29, 2026 at 2:07AM

Listing Office:

GOLD KEY REALTY & MANAGEMENT : 281-444-3177

Listing Agent:

Randy Hines : 1+281-444-3177

MLS ID:

56731099

Interior

• General: All Bedrooms Up
• Rooms: Breakfast RoomDenKitchen/Dining ComboUtility Room
• Appliances: DisposalFreestanding OvenGas CooktopGas RangeDishwasher
• Flooring: CarpetLaminate
• A/C: Electric
• Heating: Natural Gas

Exterior

• Style: Traditional
• Parking: Attached

Construction

• Roofing: Composition
• General: Wood Siding2Slab

Location

• Road/Access: ConcreteCurbsGutters
• Originating MLS: Houston Association of Realtors
• School District: 48 - Spring
• County: Harris

Lot

• Zoning: LT 21 BLK 1 SPRING CROSSING SEC 21255380010021

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: Houston Association of Realtors