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
For sale
$165,000
2215 Walnut Fair Ln, Spring, TX 77373
2beds
1,240sqft
Townhouse
Built in 2006
2,996 Square Feet Lot
$161,800 Zestimate®
$133/sqft
$-- HOA
What's special
Open-concept island kitchen
- 48 days
- 88
- 5
Zillow last checked:
Listing updated:
Listed by:
Randy Hines TREC #0331387 281-444-3177,
GOLD KEY REALTY & MANAGEMENT
Source: HAR,MLS#: 56731099
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Den, Utility Room
Primary bedroom
- Level: Second
- Area: 150
- Dimensions: 15x10
Bedroom
- Level: Second
- Area: 143
- Dimensions: 13x11
Den
- Level: First
- Area: 240
- Dimensions: 16x15
Kitchen
- Level: First
- Area: 192
- Dimensions: 16x12
Heating
- Natural Gas
Cooling
- Electric
Appliances
- Included: Disposal, Freestanding Oven, Gas Cooktop, Gas Range, Dishwasher
Features
- All Bedrooms Up
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 1,240
- Total interior livable area: 1,240 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Features
- Levels: All Levels
- Stories: 2
- Patio & porch: Patio/Deck
Lot
- Size: 2,996 Square Feet
- Features: On Street
Details
- Parcel number: 1255380010021
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Spring Crossing Sec 2
Location
- Region: Spring
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $172,431
- Annual tax amount: $1,505
- Date on market: 8/5/2026
- Listing terms: Cash,Conventional,Investor
- Road surface type: Concrete, Curbs, Gutters
Estimated market value
$161,800
$154,000 - $170,000
$1,556/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Listed for sale | $165,000-1.2%$133/sqft |
Source: | ||
| 6/3/2026 | Listing removed | $1,395$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/30/2026 | Listing removed | $166,973$135/sqft |
Source: | ||
| 5/23/2026 | Price change | $166,973-0.6%$135/sqft |
Source: | ||
| 5/20/2026 | Listed for sale | $167,973+1.8%$135/sqft |
Source: | ||
| 5/12/2026 | Listing removed | $164,975$133/sqft |
Source: | ||
| 5/4/2026 | Price change | $164,975-2.4%$133/sqft |
Source: | ||
| 4/22/2026 | Listed for sale | $168,975+119.5%$136/sqft |
Source: | ||
| 4/18/2026 | Listed for rent | $1,395-0.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listing removed | $1,400$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/9/2025 | Price change | $1,400-12.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/2/2024 | Listed for rent | $1,595$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2024 | Listing removed | $1,595$1/sqft |
Source: | ||
| 9/5/2024 | Listed for rent | $1,595+10%$1/sqft |
Source: | ||
| 8/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/2/2023 | Listed for rent | $1,450+45%$1/sqft |
Source: | ||
| 6/12/2013 | Listing removed | $1,000$1/sqft |
Source: RE/MAX Integrity #96056994 Report a problem | ||
| 5/23/2013 | Price change | $1,000-4.8%$1/sqft |
Source: RE/MAX Integrity #96056994 Report a problem | ||
| 5/1/2013 | Price change | $1,050-4.1%$1/sqft |
Source: RE/MAX Integrity #96056994 Report a problem | ||
| 4/27/2013 | Listed for rent | $1,095$1/sqft |
Source: RE/MAX Integrity #96056994 Report a problem | ||
| 4/25/2013 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/12/2013 | Listed for sale | $76,985$62/sqft |
Source: RE/MAX Integrity #2832734 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,505 +4% | $172,431 +1.3% |
| 2024 | $1,447 +0.2% | $170,202 -10.1% |
| 2023 | $1,444 +15.7% | $189,336 +16.2% |
| 2022 | $1,249 | $162,998 +22% |
| 2021 | -- | $133,598 +6.4% |
| 2020 | $1,061 +5.7% | $125,572 +7.4% |
| 2019 | $1,004 -71.1% | $116,887 +11% |
| 2018 | $3,478 | $105,283 |
| 2017 | $3,478 +11.3% | $105,283 +10.1% |
| 2016 | $3,125 +21.4% | $95,623 +9.4% |
| 2015 | $2,575 | $87,400 +14.7% |
| 2014 | $2,575 | $76,202 +14.2% |
| 2013 | -- | $66,721 -8.5% |
| 2012 | -- | $72,954 |
| 2011 | -- | $72,954 -3.3% |
| 2010 | -- | $75,456 -12.2% |
| 2009 | -- | $85,939 -11.9% |
| 2007 | -- | $97,506 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Spring
Nearby schools
Schools provided by the listing agent
- Elementary: Gloria Marshall Elementary School
- Middle: Ricky C Bailey M S
- High: Spring High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







