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
TownhomeProperty Type
2006Year Built
2,996 sq ftLot Size
$133Price/Sq.Ft.
1 car garageParking
Listed by Randy Hines• GOLD KEY REALTY & MANAGEMENT
* Price is not available or MLS listing is off market.
Year
Property tax
Land + Additions
Assessment*
2025
$4,845 (+2.9%)
$32,442 + $139,989
$172,431
2024
$4,710 (−7.6%)
$32,442 + $137,760
$170,202
2023
$5,097 (+9.3%)
$32,442 + $156,894
$189,336
2022
$4,664 (+15.3%)
$28,369 + $134,629
$162,998
2021
$4,044 (+3.2%)
$14,548 + $119,050
$133,598
2020
$3,917 (+5.4%)
$14,548 + $111,024
$125,572
2019
$3,715 (+6.9%)
$14,548 + $102,339
$116,887
2018
$3,474
$11,056 + $94,227
$105,283
2017
$3,478 (+11.3%)
$11,056 + $94,227
$105,283
2016
$3,124 (+9.3%)
$11,056 + $94,227
$105,283
2015
$2,858 (+11.0%)
$11,056 + $84,567
$95,623
2014
$2,574 (+11.2%)
$11,056 + $65,146
$76,202
2013
$2,316 (−28.5%)
$11,056 + $65,146
$76,202
2012
$3,237 (+31.4%)
$11,056 + $55,665
$66,721
2011
$2,464 (−2.5%)
2010
$2,528 (−7.9%)
2009
$2,745
Public record
Public record
Permits
Beds
2
Baths
2.5
Stories
2
Lot width
—
Lot depth
—
Lot size
2,996 Sq. Ft.
Year renovated
2006
Finished Sq. Ft.
1,240
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,240
Year built
2006
Style
Townhouse
County
Harris County
APN
1255380010021
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
May 31, 2006 • Final
Development
Construct a new single-family home as a standalone structure.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
9/10 Heat Factor
7 days above 110° expected this year, 25 days in 30 years
8/10 Wind Factor
99% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Spring, TX • 77373
Average low and high temperatures (°F)
61
43
72
52
80
59
82
66
87
70
92
77
94
77
94
77
92
73
88
65
78
58
69
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2215 Walnut Fair Ln
$168,487
$3,487 over list price of $165K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $140K to $245K.