Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$320,000

Sold
9762 Soto St, Rosharon, TX 77583
3 Beds
0 Baths
1,930 Square Feet
0.00 Acres Lot
Built in 2022
Sold
Units n/a
Checked: 2 days ago
Updated: Jul 21, 2025 at 11:53PM

Investment Summary


Monthly Cash Flow
-$579
Cap Rate
3.5%
Cash-on-Cash Return
-9.4%
Debt Coverage Ratio
0.62
Internal Rate of Return (5 years)
-5.1%

Property Description


0.00 Acres Lot
Built in 2022
Sold
Units n/a

Don't miss your opportunity to own one of the last available waterfront townhomes in Meridiana! Enjoy the convenience and beauty of this 3 bedroom, 2.5 bathroom residence. Upon entering you'll step into the spacious family room that seamlessly flows into the kitchen and dining rooms. The island kitchen features stainless steel appliances, an abundance of storage and modern backsplash. Enjoy the lake views from the second story balcony located right off of the kitchen. Down the hall you'll find the primary bedroom and spacious ensuite with a soaking tub, separate shower and walk-in closet. The utility room is conveniently located just outside of the primary bedroom. Downstairs are the additional two bedrooms, secondary bathroom and a flex room/den all of which offer plenty of space for family or guests. Outside is a covered back patio and an uncommonly large backyard. You'll want to check out all of the incredible amenities that the neighborhood has to offer. Schedule your tour today!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached, Garage, GarageDoorOpener
  • Details: Garage Door Opener, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 0.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2

Exterior Features

  • Exterior Walls Materials: Brick
  • Foundation: Slab
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • Association: Meridiana HOA
  • HOA Fee: $1,155/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: General - Single

Lot Information

  • Parcel ID: 65743911039
  • Lot Size: 0 sqft

Property Information

  • Property Type: Townhouse
  • Style: Traditional
  • Year Built: 2022

Tax Information

  • Annual Tax: $9,157

Utilities

  • Water & Sewer: Public
  • Heating: Electric, Central
  • Cooling: Central Air

Location

  • County: Brazoria

Listing Details


Listed by:
Christy Buck
Infinity Real Estate Group
(832) 264-8934

Source:
Houston Association of REALTORS
MLS#: 97325959
Houston Association of REALTORS

Investment Summary


Monthly Cash Flow
-$579
Cap Rate
3.5%
Cash-on-Cash Return
-9.4%
Debt Coverage Ratio
0.62
Internal Rate of Return (5 years)
-5.1%

Purchase Details

Find an Agent

Purchase price:
$320,000
Amount financed:
-$256,000
Down payment:
$64,000
Closing costs:
$9,600
Rehab costs:
$0
Initial cash invested:
$73,600
Square feet:
1,930
Cost per square foot:
$166
Monthly rent per square foot:
$1.35

Financing Details

Find a Lender

Loan amount:
$256,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,514
Property tax:
$763
Insurance:
$182
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,459

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,600 $31,200
Vacancy loss: (6%)
6% -$156 -$1,872
Operating income:
$2,444 $29,328

Operating Expenses


% Rent Monthly Yearly
Property taxes: (29%)
29%-$763-$9,157
Insurance: (7%)
7%-$182-$2,184
Property management: (8%)
8%-$208-$2,496
Repairs & maintenance: (5%)
5%-$130-$1,560
Capital expenditures: (5%)
5%-$130-$1,560
HOA fees: (4%)
4%-$96-$1,152
Total operating expenses: (58%)
58%-$1,509-$18,109

Cash Flow


Monthly Yearly
Net operating income:
$935 $11,220
Mortgage payments:
-$1,514 -$18,168
Cash flow:
$579 $6,948