The property at 4706 Loch Katrine Ct in Houston, with its 3 bedrooms and 2 baths, is poised to bring in a solid rental income. With rents in the area ranging from $1,775 to $1,980 per month, potential annual revenue could hover between $21K and $24K. The payback period might stretch across a decade, given the current market trajectory. Its cul-de-sac location, spacious yard, and modern updates like new carpet and central air-conditioning enhance its rental appeal, although being a single-family home might limit multi-unit income potential.
To boost rental value, consider minor upgrades like fresh paint or energy-efficient appliances. If selling, highlighting the property's 'never flooded' status and the new HVAC system could be attractive to buyers. Also, reinforcing the property's proximity to shopping and its quiet neighborhood charm could be key selling points.