2215 Walnut Fair Lane
Spring, TX 77373
2
Bed
3
Bath
1,240Sqft
0.07Acre(Lot)
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 foun
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 3 Full Baths: 2 Half Baths: 1Room Information
Rooms Total: 4 -
Flooring Information
Carpet, Laminate -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Disposal, Gas Cooktop, Gas Range, Dishwasher, Oven -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Electric
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Building Information
Year Built: 2006 Building Area Total: 1240 Construction Materials: Wood Siding Stories: 2 Patio And Porch Features: Patio Private Pool: No
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Lot Information
Main Square Feet: 0.0688 Acres Lot Size Acres: 0.0688 Lot Size Square Feet: 2996Property Information
Subdivision: Spring Crossing Sec 2 Source Property Type: Residential Postal Code Plus 4: 2312 Property SubType: Townhouse Property Age: 20
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Listing Price Information
Listing Price: $165000 Cash, Conventional
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Tax Information
Parcel Number: 1255380010021 Tax Legal Desc: LT 21 BLK 1 SPRING CROSSING SEC 2
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Parking Information
Parking Total: 1 AttachedGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1
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School Information
Elementary School: Gloria Marshall Elementary SchoolJunior High School: Ricky C Bailey M SSenior High School: Spring High School -
Location Information
Direction: I-45 to Cypresswood to Aldine Westfield Right to left on Prairie Bird to left on Village Crossing to Spring Crossing WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3111 Oak Rock Circle, Spring, TX, 77373 | $205,000 | 3 | 3 | 1,275 | 0.07 Acre |
| 3013 Titleist Drive, Spring, TX, 77373 | $130,000 | 3 | 2 | 1,207 | 0.07 Acre |
| 23823 Single Oak, Spring, TX, 77373 | $175,000 | 3 | 3 | 1,440 | 0.07 Acre |
| 23634 Wildwood Green Way, Spring, TX, 77373 | $164,995 | 2 | 2 | 1,160 | 0.07 Acre |
| 2307 Spring Dusk Lane, Spring, TX, 77373 | $163,000 | 4 | 2 | 1,675 | 0.15 Acre |
| 2303 Spring Dusk Lane, Spring, TX, 77373 | $163,900 | 3 | 2 | 1,551 | 0.17 Acre |
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ByOwner last updated this listing 09/21/2026 @ 13:20
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