18506 W Hardy Rd Houston TX 77073

18506 W Hardy Rd

Houston TX 77073

Home Price

Price Drop

$260,000

$242,000

$72,600 down payment (30%)

Year 1 Highlights

-1.24%Cash on Cash info icon

4.64%Cap Rate info icon

5%YoY Appreciation info icon

$106Cash Flow/mo. info icon

18506 W Hardy Rd, Houston TX 77073

$242,000

Price Drop

Was $260,000

3 bed·2 bath·1,694 sqft·Built 2016

Leased · $1,695/moVerified by Doorvest

Year 1 Highlights

-1.24%Cash on Cash info icon

4.64%Cap Rate info icon

5%YoY Appreciation info icon

$106Cash Flow/mo. info icon

Why invest?

18506 W Hardy Rd offers investors a low-maintenance Houston rental in a growing northeast corridor with strong tenant demand and convenient commuter access. Built in 2016, this single-family home fits the market’s preference for newer construction, functional layouts, and manageable upkeep, making it well positioned for long-term leasing in a stable, income-focused area.

Property Overview

This 3-bedroom, 2-bath home spans 1,694 square feet and was built in 2016. The modern build year supports efficiency and reduced capital needs, while the practical floor plan appeals to families and long-term renters seeking space and functionality in a single-family residence.

Economic and Employment Insights

Houston remains anchored by major employers such as ExxonMobil, Memorial Hermann, HCA Houston Healthcare, MD Anderson Cancer Center, and Boeing. The metro continues to benefit from diverse job growth, strong in-migration, and a broad energy, healthcare, and aerospace base that supports consistent housing demand.

Local Amenities

Located in 77073, the property offers access to Interstate 45, Hardy Toll Road, retail centers, grocery options, and neighborhood parks. Tenants also benefit from nearby schools and everyday conveniences, making this an attractive submarket for commuters and households seeking practical suburban living.

Currently Leased

Monthly Rent

$1,695/month

✓ Managed & verified by Doorvest

Lease Term

Mar 2026 – Mar 2027

Tenant Since

Mar 2026

Managed by Doorvest

Lease data verified by Doorvest.

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