3403 Pine Ridge Lane

Houston TX 77088

1811 sq. ft.

7148.2 sq. ft.

Single-Family

Currently for sale - view listing

Overview

Tenant-occupied with a lease in place through April 2027, this home offers an established rental opportunity with a calculated cap rate exceeding 5% at the current asking price. The tenant has expressed strong interest in renewing for another year, providing potential for continued occupancy beyond the current lease. Maintenance costs have been very low over the past two years, with records available upon request. Includes appliances, including dishwasher purchased in last 12 months. HVAC unit was replaced since last purchased as well. Situated on an oversized cul-de-sac lot, the home features vaulted ceilings, granite countertops, and a covered back porch overlooking a huge backyard with plenty of space to relax and entertain. An appealing option for investors seeking an income-producing property or buyers planning a future move after the tenancy ends. Low taxes, Low HOA, a fantastic opportunity!

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1811 sq. ft. floor area

7148.2 sq. ft. lot size

Single-Family

Property history for 3403 Pine Ridge Lane

2025

Rented

Undisclosed

01 Apr 2025 by MANAGErenthouses.com

2023

Rented

Undisclosed

21 Mar 2023 by MANAGErenthouses.com

2023

Sold

Undisclosed

23 Feb 2023 by Stephen Metarelis, of Offerpad Brokerage, LLC

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