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Camden Court Condominiums 5 Flex Condos Offered at $575,000 in Houston, TX
Investment Highlights
- Great Location
- Long Term Tenants
- Impresive Cap Rate
Executive Summary
Beautiful investment opportunity in a highly desirable gated community. This property comes with long-term, reliable tenants and offers an impressive cap rate, making it an excellent addition to any investor’s portfolio. The community is known for its welcoming atmosphere, well-maintained grounds, and a sparkling pool exclusively for residents. Located in a strong school district, it appeals to families and long-term renters alike.
Tenants are responsible for their own electric bill, while the HOA conveniently covers water, gas, and trash pickup—keeping operating costs low and predictable. With its prime location, stable tenancy, and strong community amenities, this is a rare chance to secure a high-performing investment in a thriving area.
Tenants are responsible for their own electric bill, while the HOA conveniently covers water, gas, and trash pickup—keeping operating costs low and predictable. With its prime location, stable tenancy, and strong community amenities, this is a rare chance to secure a high-performing investment in a thriving area.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$79,152
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$79,152
|
| Taxes |
$10,216
|
| Operating Expenses |
$21,000
|
| Total Expenses |
$31,216
|
| Net Operating Income |
$47,936
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $79,152 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $79,152 |
| Taxes | |
|---|---|
| Annual | $10,216 |
| Operating Expenses | |
|---|---|
| Annual | $21,000 |
| Total Expenses | |
|---|---|
| Annual | $31,216 |
| Net Operating Income | |
|---|---|
| Annual | $47,936 |
Property Facts
| Price | $575,000 | Status | Active |
| Price / SF | $118.58 / SF | Number of Properties | 5 |
| Sale Condition | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 8.33% | Total Building Size | 4,849 SF |
| Sale Type | Investment |
| Price | $575,000 |
| Price / SF | $118.58 / SF |
| Sale Condition | 1031 Exchange |
| Cap Rate | 8.33% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 4,849 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Camden Court Condominiums
14550 Fonmeadow Dr, 2nd Floor - Unit 1406, Houston, TX 77035 |
Flex Condo | 1,057 SF | 1985 | - |
|
Camden Court Condominiums
14550 Fonmeadow Dr, 1st Floor - Unit 901, Houston, TX 77035 |
Flex Condo | 1,051 SF | 1985 | - |
|
Camden Court Condominiums
14550 Fonmeadow Dr, 1st Floor - Unit 1203, Houston, TX 77035 |
Flex Condo | 991 SF | 1985 | - |
|
Camden Court Condominiums
14550 Fonmeadow Dr, 1st Floor - Unit 1205, Houston, TX 77035 |
Flex Condo | 991 SF | 1985 | - |
|
Camden Court Condominiums
14550 Fonmeadow Dr, 2nd Floor - Unit 1100, Houston, TX 77035 |
Flex Condo | 759 SF | 1985 | - |
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Presented by
Independent Management and Investments LLC
Camden Court Condominiums
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