Best of the Best Texas Deals Week 33!

BEST DUPLEX: Houston New Construction Duplex Leased for $5,200/mo $499K
Asset Quality A+ | Neighborhood Quality B | Year Built 2026
$5,200 per month is already in place across two occupied units, putting this duplex above the 1% rule. Both three-bedroom units are leased through July and August 2027, tenants pay all utilities, and nearby comps support roughly $45,000 of walk-in equity. At an 8.41% cap rate and projected 9.91% cash-on-cash return, this is one of the strongest turnkey duplexes I’ve seen this year. Perfect for a first-time or out-of-state investor who wants immediate income with no renovation or lease-up needed.
5406 Pershing St Houston TX

BEST FIRST INVESTMENT: Dallas 1% Rule SFR With $40K Walk-In Equity $235K
Asset Quality TBD | Neighborhood Quality TBD | Year Built 2020
$2,325 per month is already in place on a $235,000 purchase, putting this 2020-built Dallas rental right around the 1% rule. I think the property is easily worth around $275,000 based on nearby comps, creating roughly $40,000 of walk-in equity. The long-term tenant handles lawn care and utilities, and projected cash-on-cash return is 11.61%. This is about as simple as a starter rental gets and may be the best SFR deal I’ve seen this year.
3807 Alsbury St Dallas TX 75216

BEST LARGE MULTIFAMILY: Houston 12 Units Fully Occupied 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 more than $20,000 of sewer and under-slab plumbing work. Market rents and additional fee income bring the target to roughly $14,900 per month without needing to reposition the entire building. Excellent opportunity for an investor ready to scale into apartments, and the income profile should make this very financeable with a DSCR loan.
2819 Berry St Houston TX 77004

BEST STR UPSIDE: North Austin Duplex Projected at $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 are operated as short-term rentals. The existing STR produced a $149 average nightly rate and 92.2% occupancy, giving the duplex an upside case approaching $100,000 annually. One side already has proven short- and mid-term rental history, while the location near The Domain, Walnut Creek, Q2 Stadium, and major North Austin employment supports multiple rental strategies. Great fit for an investor targeting STR income plus accelerated depreciation in a highly appreciating market.
11904 Sunhillow Bnd Austin TX 78758

BEST CASH FLOW: South Austin Proven STR Producing $90K in 10 Months $510K
Asset Quality A | Neighborhood Quality A+ | Year Built 1975
$90,000 in gross Airbnb income from March through December 2025 annualizes to roughly $108,000 against a $510,000 purchase price. The property is being sold fully furnished, and the modeled numbers show a 9.74% cap rate, 15.01% cash-on-cash return, and roughly $1,659 per month in projected cash flow after management and operating expenses. That is exceptional income for a turnkey STR in Cherry Creek and 78745. This is a unicorn-style STR deal for a high-income investor looking for heavy cash flow and an accelerated depreciation strategy.
3410 Plantation Rd Austin TX 78745