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2 Beds
3 Baths
1,240 sqft

$165,000

2215 Walnut Fair Lane, Spring TX, 77373

Price per sqft$133.06
Built in2006
Property size1,240 sqft
Property typeTownhomes

Overview

Active

Listed Aug 5, 2026

Updated Aug 20

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

$1,098/mo

Est. mortgage payment based on a $165,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
56731099

Interior Features

Bedrooms
2
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Garage
Yes
MLS provider logo

 

Courtesy of GOLD KEY REALTY & MANAGEMENT, Randy Hines 

Based on information from the Houston Association of REALTORS as of 8/20/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 10:47 AM UTC, 8/20/2026

 

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