5 Great Texas Deals: $13,979/Month in Rent on a $1.092M Purchase

1) Houston 12-Unit 100% Occupied Rented at $13,979/mo $1.092M
Renovated | Greater Third Ward / University Area | Year Built 1947
$13,979 per month is already coming in across 12 fully occupied two-bedroom units at just $91,000 per door. Eight units have been renovated, and the seller has already completed $20K+ of sewer and under-slab plumbing work. Market rents and additional fee income bring the target to about $14,900 per month without needing to reposition the entire building. Ideal for an investor ready to scale into apartments; reply and I’ll send the rent roll, financials, and renovation details. Easily close this with a DSCR loan.
2819 Berry St Houston TX 77004

2) East Austin House-Hack Mecca With Multiple Leasing Options $700K
Updated | East Austin 78702 | Year Built 1955
$700K gets you three very different ways to live and generate income on one 7,536 SF corner lot just off Tillery Street in Austin. There’s a 3/1 main house, a separate upstairs 1/1 apartment with its own kitchen and entrance, plus an Avion trailer with electricity, kitchenette, and bathroom. Live in the trailer and rent the other two spaces (that’s what the current owner does), occupy one unit and Airbnb the others, or use the oversized SF-2 zoned lot for future ADU construction. Perfect East Austin house hack in prime location near the coffee, brewery, restaurant scene in East Austin.
3201 Kay St Austin TX 78702

3) Old East Dallas Quad Leased Up To $6,250/mo $595K
Mid-Condition | Munger Place / Old East Dallas | Year Built 1930
$6,250 per month is the gross rent across four 2-bedroom units at a $595K purchase price in HOT east Dallas Location! Three units are already leased for $4,600 per month combined, with the fourth being marketed at $1,650, and one existing $1,400 lease gives you another $250 per month of future rent upside. Every unit has washer/dryer connections, and the OM models an 8.24% self-managed cap rate at asking. Great for a buyer wanting four units in an established Dallas neighborhood. Premiere househack play, long term rental play, or a deal for an investor looking for a combination of cash flow and appreciation in an established major urban core.
5004 E Side Ave Dallas TX 75214

4) North Austin STR Duplex Projected Revenue $91K+/Year $549,900
Updated | North Austin Near The Domain | Year Built 1983
$45,495.55 in trailing gross Airbnb revenue came from just one unit, which projects to roughly $91,000 per year if both sides listed on airbnb. The existing STR also shows a $149 average nightly rate and 92.2% occupancy, giving the duplex a higher upside case approaching $100K annually. One side already has proven short- and mid-term rental history, and the location near The Domain, Walnut Creek, Q2 Stadium, and major North Austin employment makes this a very interesting STR tax-strategy play. Great for an investor targeting a STR loophole and accelerated depreciation tax strategy play in a highly appreciating market; reply and I’ll send the Airbnb earnings.
11904 Sunhillow Bnd Austin TX 78758

5) Houston Fourplex Priced $65k Below Appraisal and 100% Occupied $429,900
Turnkey | Hobby Area | Year Built 1946
$429,900 buys four fully occupied units for just $107,475 per door. This property already appraised for $495k giving immediate walk-in equity! Lease comps support roughly $900 for the 1-bedroom, $1,200 each for the two 2-bedrooms, and $1,700 for the 3-bedroom, or about $5,000 per month at those rent levels. CURRENT rent is $4,100 per month giving new owner a lot of room to push income. New plumbing and electrical systems plus renovated kitchens and central HVAC take a lot of the heavy lifting off the next owner. Perfect first step into larger multifamily. I thought $429k was a typo and the listing was supposed to be for a duplex. This is one of the best priced quads I’ve seen in Houston for the location and income in months!
5209 Plum Dr Houston TX 77087