A Rare, Permitted Fort Worth STR, High-Cash-Flow Duplexes + Austin Student Housing

1) DFW (Watauga) Unicorn STR With No HOA | $285k »phenomenal deal»
Asset Quality B+ | Neighborhood Quality A | Year Built 1984
$54,881/year in gross trailing 12-month STR revenue. This is a turnkey 3-bed, 2-bath home in Keller ISD! with no HOA and proven income from Airbnb and VRBO. Even if you stopped using it as a STR, long-term lease comps run as high as $2,250/month so it will still cash flow positive. Watauga is STR-friendly with simple city registration and annual renewal. This is an absolute unicorn deal. Low price point. documented revenue. easy STR regulations. and a fail-safe backup plan as a LTR. NOTE: STRs priced below $400k typically do not have the raw dollars available to cover a PM. The scenario below assumes owner-operator. My team can help you set that up.
7300 Kary Lynn Dr E Watauga 76148

2) Austin UT-Area Roommate Duplex | $1M
Asset Quality B+ | Neighborhood Quality A | Year Built 2000
$7,790/month in current rent with eight total bedrooms walking distance to UT. This is a rare East Austin duplex with two 4-bed, 3-bath units, making it purpose-built for roommate-style leasing. At roughly $1,000 per bedroom, the rents are in line with the market, and a house hacker could live in one bedroom while still pulling in close to $7,000/month from the others. I think it is slightly overpriced and would start closer to $975k, but this is one worth reviewing closely because the location and layout are hard to replace. NOTE: the property is currently fully occupied with both leases ending this June and the PM is taking applicants for an August move-in. They are holding off accepting an applicant until they see what happens with the sale.
1708 E 17th St Austin 78702

3) Houston Off-Market High Cash Flow Section 8 Duplex | $350k
Asset Quality A | Neighborhood Quality C+ | Year Built 2024
$3,875/month in gross rent is already locked in with leases running into 2027. This is a 2024-built duplex with two 3-bed, 2-bath units, full occupancy, and no lease-up risk. Unit A is leased for $2,100/month through April 30, 2027 with 100% of rent covered through a Salvation Army Section 8 program, while Unit B is leased for $1,775/month through March 31, 2027 with $1,467 paid by Houston Housing Authority and $308 paid by the tenant. Great fit for an out-of-state investor who wants new construction, government-backed rent, high cash flow, low deferred maintenance, and a 5–7 year hold.
6307 Sandra St Houston 77028

4) Houston Furnished Corporate Lease Duplex | $350k
Asset Quality A | Neighborhood Quality C+ | Year Built 2024
$3,675/month in gross rent on a $350k strike price is a great cash flow setup with long-term leases already in place. This is a 2024-built duplex with two 3-bed, 2-bath units, one leased as a furnished corporate/Airbnb rental and one leased to a standard market-rate tenant. Unit A is leased for $1,875/month through March 31, 2027 and all furnishings convey, while Unit B is leased for $1,800/month through May 31, 2027. Great fit for an out-of-state or overseas investor who wants consistent cash flow without relying on subsidized housing.
7926 Count St Houston 77028

5) DFW (Arlington) 1% Rule Duplex | $290k
Asset Quality B | Neighborhood Quality B | Year Built 1982
$2,700/month is already coming in. This is a simple 2-bed, 1-bath per side duplex in Arlington with current rents at $1,300 and $1,400. I think rents can move to around $1,450 per door, which gets you to $2,900/month in gross income. I think this gets done around $290k if we come in with a conventional offer before other bids trickle in, which would make it a true 1% rule duplex in the heart of the DFW mid-cities region.
518 Guerin Dr Arlington 76012

Considering an offer? Let’s talk next steps.