Houston New Construction Duplex Leased for $4900/mo, $475K
Asset Quality A | Neighborhood Quality C+ | Year Built 2026
$4900 per month is locked in through June 2027, with one tenant leasing both sides and paying all utilities. This off-market new construction duplex has two large 3 bed, 2 bath units, about 2600 total livable square feet, plus 1000 square feet of terrace space. The tenant is subletting both units on Airbnb, so he is highly motivated to keep the property sharp and pay rent on time. Sale comps support around $500K, giving SRC clients a pre-market shot at $475K with leases, floor plan, and images in the diligence folder below.
3627 Kilkenny Dr Houston 77047
Sale Price | $ 475,000 | Cap Rate | 7.76% |
Cash Needed | $ 123,500 | Cash on Cash | 7.40% |
Monthly | Annual | ||
Income | $ 4,900 | $ 58,800 | |
Mortgage | 6.75% | $ 2,311 | $ 27,728 |
Tax | $ 792 | $ 9,500 | |
Insurance | $ 301 | $ 3,610 | |
Vacancy | $ 245 | $ 2,940 | |
Mgmt | $ 343 | $ 4,116 | |
Repairs | $ 147 | $ 1,764 | |
Utilities | $ - | $ - | |
HOA | $ - | $ - | |
NOI | $ 3,073 | $ 36,870 | |
Cashflow | $ 762 | $ 9,142 |
Houston Off Market Turnkey AirBnb Proven Revenue - $580K
Asset Quality A | Neighborhood Quality B | Year Built 1970
$119067 in 2024 revenue, $91216 produced in 2025, and another $120K projected for 2026. This 5 bed, 4.5 bath furnished STR in the Jersey Village area has 3569 sqft, a private pool, outdoor entertaining space, and easy access to Highway 290, Beltway 8, CityCentre, and major Houston demand drivers. All furnishings convey and management is already in place, making this a rare plug-and-play STR with real operating history, not just a pro forma. Worth reviewing closely if you want proven STR income with the team and setup already built.
15314 Philippine St, Houston 77040
Sale Price | $ 580,000 | Cap Rate | 9.10% |
Cash Needed | $ 150,800 | Cash on Cash | 12.54% |
Monthly | Annual | ||
Income | $ 9,917 | $ 119,000 | |
Mortgage | 6.75% | $ 2,821 | $ 33,857 |
Tax | $ 967 | $ 11,600 | |
Repairs | $ 298 | $ 3,570 | |
Insurance | $ 367 | $ 4,408 | |
Mgmt | $ 1,488 | $ 17,850 | |
Utilities | $ 750 | $ 9,000 | |
Landscape | $ 150 | $ 1,800 | |
Supplies | $ 100 | $ 1,200 | |
Cleaning | $ 700 | $ 8,400 | |
HOT Fee | $ 694 | $ 8,330 | |
NOI | $ 4,398 | $ 52,772 | |
Cashflow | $ 1,576 | $ 18,915 |
Amarillo 48-Unit Apartment Building Producing $36,000/mo, $2.7M
Asset Quality B | Neighborhood Quality B | Year Built 1977
$33725 per month is already coming in, with upside to $37000 once the remaining four units are leased. This turnkey, stabilized 48-unit apartment building in Amarillo has long-term leases, professional management, detailed financials, and only four vacancies. The property is producing $239000 in annual NOI, putting it around a true 9+ cap in a growing Texas market. This is worth reviewing closely if you want real scale, existing income, and a professionally run asset from day one. Ask for the rent roll. If you are seriously considering a bid, let’s meet and discuss.
4101 Republic Ave Amarillo 79109
Sale Price | $ 2,700,000 | Cap Rate | 9.68% |
Cash Needed | $ 702,000 | Cash on Cash | 14.76% |
Monthly | Annual | ||
Income | $ 36,000 | $ 432,000 | |
Mortgage | 6.75% | $ 13,134 | $ 157,609 |
Tax | $ 4,500 | $ 54,000 | |
Insurance | $ 1,710 | $ 20,520 | |
Vacancy | $ 1,800 | $ 21,600 | |
Mgmt | $ 2,520 | $ 30,240 | |
Repairs | $ 1,800 | $ 21,600 | |
Utilities | $ 1,900 | $ 22,800 | |
HOA | $ - | $ - | |
NOI | $ 21,770 | $ 261,240 | |
Cashflow | $ 8,636 | $ 103,631 |
Dallas Pair of Duplexes Exceeding the 1% Rule – $650k
Asset Quality B | Neighborhood Quality B | Year Built 1943
$7100 per month in rent across four fully occupied units puts this pair of Dallas duplexes comfortably above the 1% rule. Each unit is 2 bed, 1 bath, roughly 900 sqft, fully remodeled in 2021, and leased to long-term tenants averaging $1775 per door. The buildings sit on two separate lots near Downtown Dallas, Bishop Arts, Deep Ellum, Lower Greenville, Fair Park, and the Dallas Zoo, supporting low vacancy and steady tenant demand. Seller prefers one buyer for both duplexes, but I think we can negotiate around $650K for the pair or $335K individually.
2250/2254 Areba St Dallas 75203
Considering an offer? Let’s talk next steps.
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