Timbergrove Heights in Houston

Name: Sales in Timbergrove Heights started!
Start: 2020-07-22T11:56:03.920624+00:00
End: 2023-12-31T23:59:59+0000
Location: Timbergrove Heights

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Project info

Object ID: 8165

Finished at	September 2019
Price, m²	From 2600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 140.00 m²
Floors	3
Apartments	132
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

364,000$

Net profit

9,376$

Payback period

31.0 years

Avg property value increase per year

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Promos and discounts for Timbergrove Heights

About the project

Our gated "urban-farmhouse-chic" community will have 132 homes with a wide variety of floor plans. There are first floor living options with spacious 15’ deep backyards, perfect for pets and play. Second floor living options offer seamless connectivity from living area to covered terrace, ideal for year-round entertaining. Coming Summer 2019, there will be a communal pool at the center of the community. The first set of homes will be ready November/December 2018.

Just 5 minutes away, Railway Heights Market will be opening in 2019 at 8200 Washington. Enjoy a grocery store, Farmer's Market, container farm, Beer Garden, local food stalls, restaurants and a large dog park! Community is zoned to Sinclair Elementary and is a 5-minute walk to Jaycee Park.

Developer

InTown Homes assembles a visionary team of architects, builders and designers to develop distinct, design-driven communities in vibrant loca…
Details about InTown Homes