1) 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 per month once the remaining four units are leased. This is a turnkey, stabilized 48-unit apartment building in Amarillo with long-term leases, professional management, detailed financials, and only four vacancies. The property is producing $239000 in annual NOI, which puts this around a true 9+cap in a growing Texas market. This is one worth reviewing closely if you want real scale, existing income, and a professionally run asset from day one. Ask for the rent roll. Let’s meet and discuss if you’re seriously considering a bid. This combination of asset quality, in a stabilized asset, and still selling at an as-is 8 cap is very rare to find.
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 |
2) Houston New Construction Duplex Leased for $4900/mo, $475K
Asset Quality A | Neighborhood Quality C+ | Year Built 2026
$4900 per month is already locked in through June 2027, with one tenant leasing both sides and paying all utilities. This is an off-market new construction duplex with two large 3 bed, 2 bath units, about 2600 total livable square feet, plus 1000 square feet of terrace space. The tenant is subletting each unit on Airbnb, which means he is heavily incentivized to keep the property in great shape and pay rent on time. Sale comps support around $500K, so SRC clients have a pre-market head start at $475K with leases, floor plan, and images available 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 |
3) Mesquite AIRBNB Furnished Pool Home Producing $8500/mo, $412K
Asset Quality B | Neighborhood Quality B- | Year Built 1972
$4800 per month is already coming in as a long-term rental, and the same property earned $102000 in 2024 as an Airbnb. This is a fully furnished 4 bed, 2 bath Mesquite pool home with a single-story layout, stainless appliances, granite counters, hotel-style furnishings, and a private backyard pool. The buyer has flexibility here, keep the current long-term rental structure for stable monthly income and ease of management, or return it to Airbnb and pursue the proven six-figure revenue history. This is a great setup near Dallas with furniture, pool, income history, and strong rental flexibility already in place.
3206 Heather Glen Dr Mesquite 75150
Sale Price | $ 412,000 | Cap Rate | 10.11% |
Cash Needed | $ 107,120 | Cash on Cash | 16.45% |
Monthly | Annual | ||
Income | $ 8,500 | $ 102,000 | |
Mortgage | 6.75% | $ 2,004 | $ 24,050 |
Tax | $ 687 | $ 8,240 | |
Repairs | $ 255 | $ 3,060 | |
Insurance | $ 261 | $ 3,131 | |
Mgmt | $ 1,275 | $ 15,300 | |
Utilities | $ 750 | $ 9,000 | |
Landscape | $ 150 | $ 1,800 | |
Supplies | $ 150 | $ 1,800 | |
Cleaning | $ 750 | $ 9,000 | |
HOT Fee | $ 595 | $ 7,140 | |
NOI | $ 3,472 | $ 41,669 | |
Cashflow | $ 1,468 | $ 17,619 |
4) Sachse Duplex Near Plano with Walk-In Equity, $370K
Asset Quality B | Neighborhood Quality A- | Year Built 1983
$1500 per month is already coming in from one side, with the second side vacant and ready for either a house hacker or a new long-term tenant. This is a Sachse duplex near Plano with two 2 bed, 1 bath units, each about 922 square feet, with garages, fenced yards, patios, washer and dryer hookups, and no carpet throughout. Sachse is one of the better lesser-known North Dallas suburbs, with strong schools, low crime, good upkeep, and easy access to Plano, McKinney, and downtown Dallas. I think this is underpriced by about $20K, and even an offer around $375K could still make sense for the right buyer who wants cash flow, location quality, and a walk-in equity position.
3901-3903 William St Sachse 75048
Considering an offer? Let’s talk next steps.