1031 Replacement Candidate — Stabilized Houston-Area SFR
Direct owner offering an occupied single-family rental in Imperial Oaks / Spring, Texas.
- Asking price: $350,000
- Actual in-place rent: $2,700/month
- Annualized rent: $32,400
- Gross yield: 9.3%
- 2025 actual owner-reported NOI: $22,069
- Same tenant since 2019
- 100% of scheduled rent collected
- 4 bed / 2 bath / 1,993 sqft
- Full roof replacement completed in 2021
- FEMA Zone X, outside the Special Flood Hazard Area
- Zoned to Conroe ISD
Stabilized income from closing with no initial lease-up requirement. Detailed operating history and financial package available. Seller will reasonably cooperate with a buyer’s qualified intermediary and 1031 exchange documentation at no additional cost or liability to seller.
Suitable for buy-and-hold, portfolio, DSCR, or 1031 replacement buyers.
Please reply through BiggerPockets or view my Community Listing for additional details. Tenant occupied—do not disturb.
Offering
Houston, Texas