$895,000
911 Thompson St, Houston, TX 77007
Current Rent **
$8,500
Projected Rent **
$8,750
Turnkey 14.1% Gross Yield STR in Prime Houston Location
Secure a fully operational, high-performing short-term rental (STR) in the heart of Houston's highly desirable 77007 zip code. This modern, 3,200 sq. ft. property is part of an exclusive, gated 4-home complex, offering the perfect blend of privacy, security, and premium guest appeal.
Currently operating as an active, turnkey Airbnb, this asset eliminates the headache of setup, furnishing, and onboarding lag. It is generating substantial income from day one, backed by a stellar 14.1% Gross Yield and a robust $103,620 Annual Net Operating Income (NOI).
This property is a pure numbers play, designed to deliver exceptional leveraged cash flow for a savvy investor.
• Annual Gross Revenue: $135,453 ($11,288/month average)
• Net Operating Income (NOI): $103,620/year ($8,635/month)
• Monthly Expenses: $2,653
• Upfront Equity Required: $229,920
With an estimated monthly financing payment of $5,029, your asset still yields incredible net walk-away cash:
Leveraged Net Cash Flow: $43,277/year ($3,606/month pure profit)
Property & Location Highlights 📌
• Designed for Groups: The expansive 4-bedroom, 3.5-bathroom layout perfectly caters to high-paying leisure groups, business travelers, and families, maximizing your average daily rate (ADR) and occupancy.
• The Power of 4: Being part of a tight-knit, 4-home complex ensures lower comparative maintenance overhead and creates a premium, community-driven guest experience.
• Unbeatable Location: Situated in Washington Corridor/Rice Military (77007), guests are just minutes from Houston’s best dining, nightlife, Downtown, and Memorial Park. This is Houston's premier submarket for STR demand.
Don't miss the opportunity to absorb a cash-flowing machine into your portfolio. Contact us today to review historical booking data, schedule a private walkthrough, or submit an offer.
Location:
911 Thompson St, Houston, TX 77007
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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