Houston/Cypress Quadplex With Rare Cash Flow - $600k
B+ Asset | B+ Neighborhood | 1998 Build
$5,300/month in-place rent from four occupied units in a hard-to-find Houston/Cypress pocket. This is a 1998-built fourplex with two 3-bed units renting for $1,400/month and two 2-bed units renting for $1,250/month. Multifamily that actually pencils in this area is rare, and tenants pay their own utilities and maintain rear lawns, which helps reduce owner headache. This was previously listed at $595,000, so I would start around $588,000 and see if we can get a conversation going.
Link» 10007 Emerald Creek Dr Houston 77070
Sale Price | $ 600,000 | Cap Rate | 6.31% |
Cash Needed | $ 156,000 | Cash on Cash | 1.83% |
Monthly | Annual | ||
Income | $ 5,300 | $ 63,600 | |
Mortgage | 6.75% | $ 2,919 | $ 35,024 |
Tax | $ 1,000 | $ 12,000 | |
Insurance | $ 380 | $ 4,560 | |
Repairs | $ 159 | $ 1,908 | |
Mgmt | $ 371 | $ 4,452 | |
Vacancy | $ 159 | $ 1,908 | |
Utilities | $ - | $ - | |
Lawn | $ 75 | $ 900 | |
HOA | $ - | $ - | |
NOI | $ 3,156 | $ 37,872 | |
Cashflow | $ 237 | $ 2,848 |
Westworth Village STR Near TCU, Dickies, and Stockyards - $425k
A- Asset | A- Neighborhood | 1954 Build
$112,000/year in estimated gross revenue based on a $383 average daily rate and 80% occupancy. This is a fully renovated, furnished 3-bed, 2-bath STR in Westworth Village, giving you Fort Worth demand near TCU, Dickies Arena, the Stockyards, Camp Bowie, and downtown while staying in a market where short-term rentals are permissible. Nearly 300 reviews across Airbnb and VRBO give this one a proven operating history, and there is easily increased with a cowboy pool, hot tub, and backyard improvements. Verified STR revenue is still pending, but I would move quickly and consider offering around $425,000 given the amount of attention the listing is receiving.
Link» 5881 Tracyne Dr Westworth Village 76114
Sale Price | $ 425,000 | Cap Rate | 11.65% |
Cash Needed | $ 110,500 | Cash on Cash | 22.35% |
Monthly | Annual | ||
Income | $ 9,333 | $ 112,000 | |
Mortgage | 6.75% | $ 2,067 | $ 24,809 |
Tax | $ 708 | $ 8,500 | |
Repairs | $ 280 | $ 3,360 | |
Insurance | $ 269 | $ 3,230 | |
Mgmt | $ 1,400 | $ 16,800 | |
Utilities | $ 750 | $ 9,000 | |
Landscape | $ 100 | $ 1,200 | |
Supplies | $ 100 | $ 1,200 | |
Cleaning | $ 800 | $ 9,600 | |
HOT Fee | $ 653 | $ 7,840 | |
NOI | $ 4,126 | $ 49,510 | |
Cashflow | $ 2,058 | $ 24,701 |
Rosharon 1% Rule SFR With $2,905/Month Rent - $299k
A Asset | A Neighborhood | 2023 Build
$2,905/month in-place rent on a 2023-built single-family rental priced at $299,000. This is a 3-bed, 2-bath, 1,615 sqft Houston-area home with a tenant in place through December 31, 2026, and the tenant has already expressed interest in renewing. It is hard to find a better long-term rental with this combination of rent, price, condition, lease length, and location quality. Buyer concessions are available, so inquire for details if you want to review the full package.
Link» 10607 Crescent Peak Ct Rosharon 77583
Sale Price | $ 299,000 | Cap Rate | 7.08% |
Cash Needed | $ 77,740 | Cash on Cash | 8.04% |
Monthly | Annual | ||
Income | $ 2,905 | $ 34,860 | |
Mortgage (IO) | 6.65% | $ 1,243 | $ 14,916 |
Tax | $ 731 | $ 8,772 | |
Insurance | $ 177 | $ 2,125 | |
Repairs | $ 135 | $ 1,620 | |
HOA | $ 98 | $ 1,176 | |
NOI | $ 1,764 | $ 21,167 | |
Cashflow | $ 521 | $ 6,251 |
Houston 2021 Duplex With $2,498/Month Rent - $225k
B Asset | B- Neighborhood | 2021 Build
$2,498/month in-place rent on a newer duplex priced at only $225,000. Both sides are 3-bed, 2-bath units, with Unit A renting for $1,205 through November 2026 and Unit B renting for $1,293 through February 2027. This gives you a newer-build duplex with no lease-up risk and a price point that is very hard to find in Houston. This is one worth reviewing if you want low entry price, in-place income, and longer leases.
Link» 5626 Simsdale St Houston 77033
Sale Price | $ 225,000 | Cap Rate | 8.43% |
Cash Needed | $ 58,500 | Cash on Cash | 9.97% |
Monthly | Annual | ||
Income | $ 2,498 | $ 29,976 | |
Mortgage | 6.75% | $ 1,095 | $ 13,134 |
Tax | $ 375 | $ 4,500 | |
Insurance | $ 143 | $ 1,710 | |
Repairs | $ 75 | $ 899 | |
Mgmt | $ 175 | $ 2,098 | |
Vacancy | $ 75 | $ 899 | |
Utilities | $ - | $ - | |
Lawn | $ 75 | $ 900 | |
HOA | $ - | $ - | |
NOI | $ 1,581 | $ 18,969 | |
Cashflow | $ 486 | $ 5,835 |
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