Investing in 8127 Richland Dr offers a promising opportunity in Houston's dynamic real estate market. This 4-bedroom, 2-bathroom home provides ample space and potential for rental income. Situated in a neighborhood with a median listing price of $212,500, it aligns with the area's market trends.
Property Overview
This 1,780 sq ft residence, built in 1970, features four bedrooms and two bathrooms, offering comfortable living space. Its established structure provides a solid foundation for potential renovations or updates to enhance value.
Economic and Employment Insights
Houston's economy is robust, with major employers such as ExxonMobil, The University of Texas MD Anderson Cancer Center, and The Boeing Company. The job market is strong, with projected annual job growth of 2.1% through 2030, and a population growth rate of 2.1% per year, contributing to a stable housing market.
Local Amenities
The 77028 neighborhood offers convenient access to schools, shopping centers, and public transportation. Its proximity to major highways facilitates easy commuting, while local parks and recreational areas enhance the community's appeal to potential tenants.
Searching for Tenant
Managed by Doorvest
Estimated Monthly Rent
$1,940/month
Market Range: $1,800 - $2,080
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