1) Lubbock Viridian Package, Two Long-Term Leased Homes, $580K
Asset Quality A | Neighborhood Quality A | Year Built 2024
$5000 per month is the target rent across these two off-market Lubbock rentals, with both doors positioned to be leased at $2500 per month through 2029. One home is already leased at $2500 per month through April 2027, and the other is currently leased at $2300 per month through July 2027, with that tenant already agreeing to renew at $2500 per month and wanting to stay through 2029. These are premium Viridian community homes leased to strong tenants, one doctor and one Texas Tech student, with upgraded finishes well above basic builder-grade rentals. Seller prefers to sell both together at $290K each, but will sell individually at $295K each.
2912 133rd St Lubbock
Sale Price | $ 580,000 | Cap Rate | 7.50% |
Cash Needed | $ 150,800 | Cash on Cash | 6.39% |
Monthly | Annual | ||
Income | $ 5,000 | $ 60,000 | |
Mortgage | 6.75% | $ 2,821 | $ 33,857 |
Tax | $ 967 | $ 11,600 | |
Insurance | $ 367 | $ 4,408 | |
HOA | $ 42 | $ 504 | |
NOI | $ 3,624 | $ 43,488 | |
Cashflow | $ 803 | $ 9,631 |
2) Mesquite Furnished Pool Home, $100K Airbnb Upside, $412K
Asset Quality B | Neighborhood Quality B- | Year Built 1972
$4800 per month was just being paid by the prior long-term tenant, and the property also shows roughly $100K per year in Airbnb revenue potential. 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 home is now vacant, which gives the next owner flexibility to either place a new long-term tenant at $4800 per month or relaunch the property as a short-term rental. This is a turnkey setup near Dallas with furniture, a pool, income history, and multiple ways to operate.
3206 Heather Glen Dr Mesquite 75150
Sale Price | $ 412,000 | Cap Rate | 10.21% |
Cash Needed | $ 107,120 | Cash on Cash | 16.82% |
Monthly | Annual | ||
Income | $ 8,540 | $ 102,485 | |
Mortgage | 6.75% | $ 2,004 | $ 24,050 |
Tax | $ 687 | $ 8,240 | |
Repairs | $ 256 | $ 3,075 | |
Insurance | $ 261 | $ 3,131 | |
Mgmt | $ 1,281 | $ 15,373 | |
Utilities | $ 750 | $ 9,000 | |
Landscape | $ 150 | $ 1,800 | |
Supplies | $ 150 | $ 1,800 | |
Cleaning | $ 750 | $ 9,000 | |
HOT Fee | $ 598 | $ 7,174 | |
NOI | $ 3,506 | $ 42,067 | |
Cashflow | $ 1,501 | $ 18,016 |
3) Conroe Turnkey Rental Leased Through December 2029, $228K
Asset Quality A | Neighborhood Quality A | Year Built 2023
$2250 per month is already locked in through December 2029 on a $228K purchase price. This is a 2023-built 3 bed, 2 bath home with a dedicated office, LVP flooring, granite counters, stainless appliances, gas range, fenced yard, sprinkler system, and all major systems from 2023. The long-term lease, newer construction, strong rent-to-price ratio, and A-grade neighborhood make this a rare low-maintenance rental with real cash flow from day one. This is one worth reviewing if you want a tenant-occupied rental with no lease-up risk and minimal capex concern.
306 Shady Cedar Hill Ln Willis 77378
Sale Price | $ 228,000 | Cap Rate | 8.79% |
Cash Needed | $ 59,280 | Cash on Cash | 11.37% |
Monthly | Annual | ||
Income | $ 2,250 | $ 27,000 | |
Mortgage | 6.75% | $ 1,109 | $ 13,309 |
Tax | $ 380 | $ 4,560 | |
Insurance | $ 144 | $ 1,733 | |
HOA | $ 55 | $ 660 | |
NOI | $ 1,671 | $ 20,047 | |
Cashflow | $ 561 | $ 6,738 |
4) MUST SEE Frisco Duplex Premiere Househack Play, $650k
Asset Quality B | Neighborhood Quality A | Year Built 1998
$50400 per year in gross rent is already listed, with one side vacant and ready for a new tenant or owner-occupant. This is a full duplex in the heart of Frisco with two 3 bed, 2.5 bath units.. 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) MUST SEE Frisco Duplex Premiere Househacker Play $650k Thank you for your referrals!
Asset Quality B | Neighborhood Quality A | Year Built 1998
$50400 per year in gross rent when full, with one side vacant and ready for a new tenant or owner-occupant. This is a full duplex in the heart of Frisco. Two 3 bed, 2.5 bath units, updated interiors, fenced yards, rear-entry garages, no HOA, and Frisco ISD schools. The flexibility is strong here, lease both sides, live in one and rent the other, or improve rents over time in one of the hardest markets in Texas to find small multifamily. This is one worth reviewing if you want Frisco exposure with income and flexibility.
8660 Hawthorne St Frisco 75034
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
