About This Property

Turnkey cash-flowing investment opportunity! This meticulously maintained 1BR/1BA second-floor condo in the highly desirable Deerwood gated community is currently tenant-occupied and generating immediate income. Located between Westheimer and Memorial Drive, this unit delivers strong rental demand with minimal landlord involvement. Recent updates include fresh paint throughout, new plush carpeting in the bedroom (April 2024), remodeled kitchen and bath with granite countertops and stylish cabinetry, plus gorgeous engineered hardwood floors in the living/dining area. The spacious primary bedroom features an expansive walk-in closet, and the private balcony offers serene tree views. HOA fees cover utilities, basic cable, trash, sewer, landscaping, and exterior maintenance—keeping operating expenses low and net returns high. Additional perks include assigned covered parking, private storage closet, resort-style pool and clubhouse.

Key Features

• 7.902 Acres Lot
• Built in 1967

Property Details

• Type: Single Family Home
• Year Built: 1967
• Lot Size: 7.902 sq ft
• Sq Ft: 730
• Price / Sq Ft: $205
• HOA: Contact Agent
• Bedrooms: 1
• Bathrooms: 1
• Feature: 7.902 Acres Lot
• Feature: Built in 1967
• Status: Active
• MLS Number: 2c22ec8762b57a6c61e6c68fb5e5c148
• Days on Market: 1
• Listed By: Ryan's Real Estate Brokers, LLC · Clay Ryan
• Zip Code: 77063