Rosharon Turnkey SFR Portfolio $8,335/mo $867K
Asset Quality A | Neighborhood Quality A | Year Built 2022-2023
$8,335 per month is already in place across three newer leased homes averaging $289K per address. These are 2022-2023 builds inside a managed master-planned community with 10-foot ceilings, quartz counters, smart home systems, appliances included, yard care, pest control, on-site maintenance, and tenants with access to a full amenity village. This feels more like buying leased homes inside a resort-style rental community than chasing older scattered SFRs one at a time. Ideal for an out-of-state investor who wants newer construction, existing tenants, and no management friction, with all tenants indicating they want to renew and ask about 24 months of no-fee property management incentive plus 40-year interest only financing.
Sierra Vista Portfolio Rosharon 77583
Inventory List Updated June 30 2026
Sale Price | $ 867,000 | Cap Rate | 6.95% |
Cash Needed | $ 225,420 | Cash on Cash | 6.88% |
Monthly | Annual | ||
Income | $ 8,335 | $ 100,020 | |
Mortgage (IO) | 6.65% | $ 3,729 | $ 44,748 |
Tax | $ 2,100 | $ 25,200 | |
Insurance | $ 515 | $ 6,180 | |
Repairs | $ 405 | $ 4,860 | |
HOA | $ 294 | $ 3,528 | |
NOI | $ 5,021 | $ 60,252 | |
Cashflow | $ 1,292 | $ 15,504 |
Waco Baylor Duplex Fully Occupied $550K
Asset Quality A | Neighborhood Quality B | Year Built 2006
$4,800 per month is already in place on this fully occupied duplex near Baylor University. Both sides are large 4-bed, 4-bath units, with one leased for $2,200 (through july 30, 2027) and the other leased for $2,600 (through July 30, 2026), giving you a rare student-rental-style layout without buying an older beat-up asset. The upside is rent growth, with market comps supporting as much as $2,750 per side, or roughly $5,500 per month total. Great for a buyer who wants a larger duplex near a major university, and I’d start around $520K given these are up/down units instead of townhome style units. They should sell a bit below the comp set.
1907 S 17th St Waco TX 76706
Sale Price | $ 520,000 | Cap Rate | 7.01% |
Cash Needed | $ 135,200 | Cash on Cash | 4.49% |
Monthly | Annual | ||
Income | $ 4,950 | $ 59,400 | |
Mortgage | 6.75% | $ 2,530 | $ 30,354 |
Tax | $ 867 | $ 10,400 | |
Insurance | $ 329 | $ 3,952 | |
Repairs | $ 149 | $ 1,782 | |
Mgmt | $ 347 | $ 4,158 | |
Vacancy | $ 149 | $ 1,782 | |
Utilities | $ - | $ - | |
Lawn | $ 75 | $ 900 | |
HOA | $ - | $ - | |
NOI | $ 3,036 | $ 36,426 | |
Cashflow | $ 506 | $ 6,072 |
Houston Licensed Group Home $3K/mo $327K
Asset Quality B | Neighborhood Quality B | Year Built 1983
$3,000 per month is already in place from a master tenant running a licensed group home for kids. The property is set up for 12 beds, has an indoor sprinkler system, and is up to code with the Fire Marshal, which matters because most homes are not even close to this setup. The buyer pool is smaller here, which is exactly why I think there may be room to negotiate harder than normal. Ideal for a cash-flow buyer who understands tenant-operated housing, and I’d start around $300K while asking for all lease and licensing up front.
3318 S Greenpark Dr Houston TX 77082
Sale Price | $ 315,000 | Cap Rate | 7.24% |
Cash Needed | $ 81,900 | Cash on Cash | 5.39% |
Monthly | Annual | ||
Income | $ 3,000 | $ 36,000 | |
Mortgage | 6.75% | $ 1,532 | $ 18,388 |
Tax | $ 525 | $ 6,300 | |
Insurance | $ 200 | $ 2,394 | |
Repairs | $ 90 | $ 1,080 | |
Mgmt | $ 210 | $ 2,520 | |
Vacancy | $ - | $ - | |
Utilities | $ - | $ - | |
Lawn | $ 75 | $ 900 | |
HOA | $ - | $ - | |
NOI | $ 1,901 | $ 22,806 | |
Cashflow | $ 368 | $ 4,418 |
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