Summary: These are three entry-level multifamily deals for investors looking a mix of appreciation, cashflow, and low vacancy risk. Each offers immediate income, simple unit mixes, and a purchase prices below $425,000.
1) Cleburne Quad With One Unit Open $425K
Asset Quality B | Neighborhood Quality C | Year Built 1984
$3,000 per month is already coming in from three occupied units, with the fourth available to lease or use as an owner-occupant unit. All four units are simple 1-bedroom layouts with separate utilities, designated parking, private patios, and updated flooring. At $425,000, this is a low-entry-price way to own four units without taking on a major renovation. Perfect first quadplex, and I can send the lease and occupancy details.
1410 Courtney Pl Cleburne TX 76033
Sale Price | $ 425,000 | Cap Rate | 6.73% |
Cash Needed | $ 110,500 | Cash on Cash | 3.43% |
Monthly | Annual | ||
Income | $ 4,000 | $ 48,000 | |
Mortgage | 6.75% | $ 2,067 | $ 24,809 |
Tax | $ 708 | $ 8,500 | |
Insurance | $ 234 | $ 2,805 | |
Vacancy | $ 200 | $ 2,400 | |
Repairs | $ 120 | $ 1,440 | |
Utilities | $ - | $ - | |
Management | $ 280 | $ 3,360 | |
Lawn Care | 75 | $ 900 | |
HOA | 0 | $ - | |
NOI | $ 2,383 | $ 28,595 | |
Cashflow | $ 316 | $ 3,786 |
2) New Braunfels Duplex Producing $2,775/mo $325K
Asset Quality B | Neighborhood Quality B | Year Built 2008
$2,775 per month is already locked in, with both 2-bedroom units leased through mid-2027. Market rent is about $1,500 per side, which takes the property to roughly $3,000 per month as the leases renew. Each unit has a single-story layout, garage, private fenced yard, and granite counters, and I think we can get this accepted around $315,000. Ideal for an investor who wants immediate income with rent upside, and I can send the leases and negotiation opinion.
236 Rosalie Dr New Braunfels TX 78130
Sale Price | $ 325,000 | Cap Rate | 6.48% |
Cash Needed | $ 84,500 | Cash on Cash | 2.47% |
Monthly | Annual | ||
Income | $ 3,000 | $ 36,000 | |
Mortgage | 6.75% | $ 1,581 | $ 18,971 |
Tax | $ 542 | $ 6,500 | |
Insurance | $ 179 | $ 2,145 | |
Vacancy | $ 150 | $ 1,800 | |
Repairs | $ 90 | $ 1,080 | |
Utilities | $ - | $ - | |
Management | $ 210 | $ 2,520 | |
Lawn Care | 75 | $ 900 | |
HOA | 0 | $ - | |
NOI | $ 1,755 | $ 21,055 | |
Cashflow | $ 174 | $ 2,084 |
3) Remodeled Baytown Duplex From $250K
Asset Quality B | Neighborhood Quality C | Year Built 1928
$1,800 per month is already secured from the remodeled 3-bedroom unit through March 2027. The second unit is a renovated 1-bedroom apartment, and nearby comps support about $1,000 per month while we confirm the current lease. The kitchens, bathrooms, flooring, roof, and central air have already been updated, keeping the immediate repair risk low. Perfect first investment or house hack, and I can send the confirmed rent as soon as we receive it.
3126 Ohio St Baytown TX 77520
Sale Price | $ 250,000 | Cap Rate | 8.40% |
Cash Needed | $ 65,000 | Cash on Cash | 9.87% |
Monthly | Annual | ||
Income | $ 2,800 | $ 33,600 | |
Mortgage | 6.75% | $ 1,216 | $ 14,593 |
Tax | $ 417 | $ 5,000 | |
Insurance | $ 138 | $ 1,650 | |
Vacancy | $ 140 | $ 1,680 | |
Repairs | $ 84 | $ 1,008 | |
Utilities | $ - | $ - | |
Management | $ 196 | $ 2,352 | |
Lawn Care | 75 | $ 900 | |
HOA | 0 | $ - | |
NOI | $ 1,751 | $ 21,010 | |
Cashflow | $ 535 | $ 6,417 |
Considering an offer? Let’s talk next steps.
[email protected]
512-270-3257