1) Dallas Proper Newer-Built Duplex Producing $5,700/mo | $700k
Asset Quality A- | Neighborhood Quality B- | Year Built 2024
$5,700 per month in current rent gives this newer-built Dallas duplex real cash flow from day one. Each side has 5 bedrooms, 3.5 bathrooms, two ensuite bedrooms, modern finishes, private backyard space, and long-term tenants paying $2,850 per door. We almost never see duplexes in Dallas proper that are this large, this new, fully occupied, and already cash-flow positive at this price point. I think this is one worth reviewing closely for an investor who wants low capex, higher rents per unit, and prefers more bang for their buck than the typical “$400k DFW duplex”.
1654-1656 Hudspeth Ave, Dallas 75216
Sale Price | $ 700,000 | Cap Rate | 7.00% |
Cash Needed | $ 182,000 | Cash on Cash | 4.47% |
Monthly | Annual | ||
Income | $ 5,700 | $ 68,400 | |
Mortgage | 6.75% | $ 3,405 | $ 40,862 |
Tax | $ 1,167 | $ 14,000 | |
Insurance | $ 350 | $ 4,200 | |
Landscape | $ 100 | $ 1,200 | |
NOI | $ 4,083 | $ 49,000 | |
Cashflow | $ 678 | $ 8,138 |
2) Fort Worth Duplex with $3950/mo Rent and $50K Equity Position $425K
Asset Quality A | Neighborhood Quality B | Year Built 2022
$3950 per month in total rent is realistic here, with one side already leased for $1950 and the other side vacant and ready to lease. This is a 2022-built Fort Worth duplex with two 3 bed, 2.5 bath units, close to downtown Fort Worth. The assessed value is $481K, and I think a deal could realistically land at $425K, which would put a buyer $50K below assessed value. This is a recently built duplex with cash flow, tenant income, and a walk-in equity from day 1.
1609 Daniel St Fort Worth 76104
Sale Price | $ 425,000 | Cap Rate | 7.33% |
Cash Needed | $ 110,500 | Cash on Cash | 5.75% |
Monthly | Annual | ||
Income | $ 3,950 | $ 47,400 | |
Mortgage | 6.75% | $ 2,067 | $ 24,809 |
Tax | $ 708 | $ 8,500 | |
Insurance | $ 269 | $ 3,230 | |
Repairs | $ 99 | $ 1,185 | |
Mgmt | $ 277 | $ 3,318 | |
NOI | $ 2,597 | $ 31,167 | |
Cashflow | $ 530 | $ 6,358 |
3) DFW (Garland) Quad with $5,400/mo Fully Occupied $625K
Asset Quality B+ | Neighborhood Quality B+ | Year Built 1984
$5,400 per month is already coming in across four fully occupied 2 bed, 1.5 bath units in a strong Garland rental pocket. Each unit is 1,040 sqft, individually metered, and currently leased at $1,350 per door, with possible Section 8 upside closer to $1,650 per door. This is the type of low-drama quad most newer and out-of-state investors say they want, modest cash flow, major metro appreciation, tax benefits, and a dense tenant pool. Asking is $675K, but I think value is closer to $650K and would start around $625K to see how the seller responds.
2821 Wimbledon Ct Garland 75041
Sale Price | $ 625,000 | Cap Rate | 6.62% |
Cash Needed | $ 162,500 | Cash on Cash | 3.02% |
Monthly | Annual | ||
Income | $ 5,400 | $ 64,800 | |
Mortgage | 6.75% | $ 3,040 | $ 36,484 |
Tax | $ 1,042 | $ 12,500 | |
Insurance | $ 396 | $ 4,750 | |
Repairs | $ 135 | $ 1,620 | |
Mgmt | $ 378 | $ 4,536 | |
NOI | $ 3,450 | $ 41,394 | |
Cashflow | $ 409 | $ 4,910 |
FRIDAY ROUNDUP: Deals That Shouldn’t Still Be Available
1) New Caney 8-Unit With $12,000/mo Rent + Major Price Drop $1.15M
2) Houston (The Woodlands) Luxury STR, $126K–$163K/yr $735k
3) Amarillo 48-Unit Apartment Building Producing $36,000/mo $2.7M
4) Off Market Rosharon SFR with $2970/mo Rent and A Grade Location $309K
5) Houston New Construction Duplex Leased for $4900/mo $475K
Considering an offer? Let’s talk next steps.
Or, just reply to this email with any questions and I’ll be glad to help!
-Vic