This single-family home in Hockley, TX, is a 3-bed, 2-bath property built in 2021 with 1,701 sq ft, situated in a growing suburban community. Based on recent comps, the rental potential is strong, with market rents ranging from $1,799 to $2,095 per month, translating to an annual gross potential revenue of $21.6K–$25.1K. At the current list price of $249.9K, the payback period from rental income alone realistically falls between 10 to 12 years, not factoring in expenses. The property’s modern finishes, open layout, fenced yard, and energy-efficient systems all enhance its marketability. Becker Meadows remains attractive for families and commuters, and demand for contemporary rentals in this pocket is steady, though HOA fees and above-average property taxes may slightly impact net returns.
To boost long-term rental value, consider minor cosmetic upgrades, such as updated lighting or enhanced landscaping, and ensure ongoing maintenance for curb appeal. If selling, highlight the home's nearly new construction, family-friendly layout, and neighborhood amenities. For investors, the stable rent range and minimal expected vacancy offer reliable cash flow. Owners should monitor market trends, as continued area growth could further increase rental rates over the next few years.