3 Texas Deals: Austin STR Duplex, 20-Unit MF, and $77K AirBnb

1) Hillsboro 20-Unit with Major Price Reduction, Now $1.395M
Asset Quality B | Neighborhood Quality B | Year Built 1984
$174,209 in T12 rental income with current rents averaging about $800 per unit. This is a 20-unit apartment complex in downtown Hillsboro, just two blocks from the Hill County Courthouse, with easy access to I-35 and less than 1 hour from Fort Worth. The property was renovated in 2021 with upgraded flooring, paint, countertops, appliances, HVAC units, resurfaced parking, metal roofing, and siding, which helps reduce near-term capex risk. Previously listed at $1.6M and now offered at $1.395M, this is one worth reviewing closely if you want small multifamily with existing income and value-add upside.
208 N Church St, Hillsboro 76645

2) Austin Turnkey STR Duplex Producing $11K/mo — $595K
Asset Quality B | Neighborhood Quality B+ | Year Built 1983
$11,000 per month in average gross income makes this one of the stronger income-to-price ratio setups we see in Austin. This is a fully furnished duplex in North Austin’s Gracy Farms neighborhood, with both units operating as short-term rentals and all furnishings conveying with the sale. The location near Mopac, Hwy 183, The Domain, Q2 Stadium, major tech employers, shopping, dining, and parks gives the next owner multiple exit paths: keep it as an Airbnb, lease both sides long term, or live in one unit and rent the other. City of Austin STR approval is already in place, making this a rare turnkey Austin income property producing heavy cashflows from day 1 while giving exposure to Austin’s tech scene and appreciation potential.
11815 Lochridge Dr, Austin 78758

3) Spring Proven STR With $77,200 Annual Income — $359K
Asset Quality B+ | Neighborhood Quality B+ | Year Built 1966
$77,200 in annual income on a $359K purchase price is the headline here. This is a 5-bedroom, 2.5-bath Spring STR near The Woodlands with a pool, hot tub, fire pit, grill, game room, renovated interiors, 6 beds, 2 sofa beds, and sleeping capacity for large groups. The hard work is already done: remodeling, custom decor, Airbnb setup, hot tub installation, and guest-friendly amenities are all in place, with the current owner/operator willing to stay on as property manager. This is a strong one to review if you want a proven, furnished STR with immediate income and 100+ guest reviews. NOTE this is a rare opportunity where the listing and reviews WILL convey with the sale of the airbnb if you retain current management. A GREAT deal for an out of state or overseas aspiring AirBnb investor.
607 Twain St, Spring 77373

Considering an offer? Let’s talk next steps.