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Updated 7 days ago, 12/15/2024
0 Westcott St, Houston, TX 77016 - NEW CONSTRUCTION
Hi,
I was looking at new construction (0 Westcott St, Houston, TX 77016). When I used the Insight Property tool on BP it had the median rent at $2500 per unit. But when I looked at the description it says that potential rent is $1200 per unit. I tried rent at $1500 for each unit and it still cash flowed at $282 per month. the GreatSchools rating is low for Elementary, Middle, and High School.
Is anyone familiar with the new subdivision? What do you estimate rent at? Do you like the area?
Thank you in advance for your help.