4 Texas Deals: $12,000/mo 8-Unit + Two 1% Rule Plays

1) New Caney 8-Unit With $12,000/mo Rent + Major Price Drop $1.15M excellent deal
Asset Quality A- | Neighborhood Quality B+ | Year Built 2019
$12,000 per month is already coming in across eight fully occupied units after a major price reduction from $1.4M to $1.15M. This is a unique 8-unit setup made up of four individual duplex buildings, with each unit offering 2 beds, 1 bath, and $1,500 per month in rent. The property is newer, beautiful, well maintained, fully occupied, and now priced below the $1.23M assessed value, which gives buyers a nice equity position from day one. I think this is one of the stronger small multifamily opportunities we have seen recently, and we already have a lender in place who can finance this type of 8-unit property.
2548 Appian Way New Caney 77357

2) Harker Heights Quadplex At The 1% Rule $340k
Asset Quality B- | Neighborhood Quality B | Year Built 1978
$3,400 per month in pro forma rent puts this quadplex right at the 1% rule around a $340K strike price. This is a four-unit building with all 2 bed, 1 bath units, two leased units, one vacant unit, and one owner-occupied unit that should be ready to convert into a rental after closing. The current owner has been house hacking the property, which usually means better care and lighter deferred maintenance than a fully absentee-owned rental. This is a simple, cash-flow-first quadplex worth reviewing if you want four doors at an entry-level price point.
1305 Indian Trail Harker Heights 76548

3) Fort Worth Renovated Duplex With $3,930/mo Rent $330k
Asset Quality B | Neighborhood Quality C+ | Year Built 1984
$3,930 per month in total rent makes this recently renovated Fort Worth duplex a heavy cash flow play after a 10% price drop. The property has two 2 bed, 1 bath units, one side leased at $1,965 through March 2027, and the other side vacant for a new tenant or possible owner occupant. Major updates were completed in 2024 and 2025, including plumbing, lighting, cabinets, fixtures, quartz counters, tubs, windows, HVAC systems, water heaters, appliances, roof, sod, and fencing. The location is more C+ than premium, but the rent-to-price ratio is strong, and this is one worth reviewing closely if you want immediate income with one side still flexible.
4000 Fair Park BLVD Fort Worth 76115

4) Conroe Off-Market Rental With $2,800/mo Lease Through 2027 For $315k
Asset Quality B+ | Neighborhood Quality B+ | Year Built 1976
$2,800 per month is already in place through July 2027 on this fully remodeled Conroe rental. This is an off-market SRC client opportunity in Panorama Village, with a tenant already secured.. Premium and Unicorn deals are reserved for readers with 3+ referrals. Share The Texas Deal List with a few investor friends to unlock the full list and see the best deals!

4) Conroe Off-Market Rental With $2,800/mo Lease Through 2027 For $315k
Asset Quality B+ | Neighborhood Quality B+ | Year Built 1976
$2,800 per month is already in place through July 2027 on this fully remodeled Conroe rental. This is an off-market SRC client opportunity in Panorama Village, with a tenant already secured, a remodeled interior, vaulted ceilings, quartz kitchen, updated primary suite, large deck, and major updates including roof, HVAC, windows, and tankless water heater. The golf course community setting, long lease, and updated condition make this a lower-friction rental with future owner-occupant appeal as well. We are offering this first to SRC clients at $315K before it goes to the open market at $325K.
13 Moon Valley Ct Conroe 77304

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