Good morning, it’s an interesting day in Texas real estate!
We rarely see this many multis hit the market AND pencil at the same time: 3 Austin duplexes, high cash flow Houston quads, and several DFW multis with major price reductions…
Enjoy!
-Vic
1) Fort Worth 1% Rule 6-Door Duplex Portfolio — $875k
Asset Quality B | Neighborhood Quality B | Year Built 1985 | 7.7% Cap
$8,745/month in current rent on a 100% occupied Fort Worth duplex portfolio. This is 3 duplexes, 6 total units, with 2 bed / 1 bath layouts, garages, private yards, and several recent updates. Professional management is already in place and has been running these homes for 10+ years, which makes this a very easy transition for an out-of-area buyer. The list price just dropped below my prior $900k target price, I suggest floating an offer at $875k to see what kind of conversation we can get started.
3600 Hulen Park Cir Fort Worth 76123
2) Austin Tech Corridor Duplex With $5,750/Month In Rent — $750k
Asset Quality A- | Neighborhood Quality A- | Year Built 1981 | 6% Cap
$5,750/month is already in place on this large Northwest Austin duplex near Cedar Park and Austin’s tech corridor. One side is running as a furnished rental and producing $3,600+/month, while the other side is leased long-term at $2,150/month. If both sides were operated furnished, rents could push as high as $8,000/month. This also works as an excellent house hack.
12304 BurrRidge Dr Austin
3) Dallas Proper New Duplex Producing $5700/mo — $675k
Asset Quality A | Neighborhood Quality B | Year Built 2024 | 6.5% Cap
$5,700/month is already in place on this fully leased Dallas duplex. Both sides are large 5 bed / 3.5 bath units leased at $2,850/month each, with low-maintenance 2024 construction near the VA Hospital, downtown Dallas, Bishop Arts, and Oak Cliff. This had a ton of interest when I first posted it, and the seller just reduced the price below my original $700k target price. I would send an offer at $675k and try to get a real conversation going.
1654 Hudspeth Ave Dallas 75216
4) Austin Duplex Near Mueller With $4,400/Month Rent Potential — $575k
Asset Quality B | Neighborhood Quality A | Year Built 1962 | 6% Cap
$4,400/month is the rent target on this Austin duplex less than 2 minutes from Mueller. One side is already leased at $2,200/month, and the vacant side should lease for the same, giving you a very strong rent-to-price ratio for central Austin. This works as a long-term rental or a high-quality house hack near Mueller, Hyde Park, and downtown. I think this sells closer to $575k.
1509 Braes Ridge Austin
5) Houston Heights House Hack Inside The Loop — $475k
Asset Quality B+ | Neighborhood Quality B+ | Year Built 1965 | 6% Cap
$3,900/month is already in place on this two-house setup inside the loop in Houston. The front 2 bed / 1 bath house rents for $2,400/month, and the rear 1 bed / 1 bath guest house rents for $1,500/month. You can keep it as a full long-term rental, or live in the guest house and let the front house cover a major part of your PITI. This is a premier “Heights House Hack” opportunity.
2804 Arlington St Houston 77008
6) North Richland Hills Value-Add Duplex Near Keller — $340k
Asset Quality B | Neighborhood Quality B+ | Year Built 1985 | 7% Cap
$3,200–$3,300/month is the realistic stabilized rent target on this North Richland Hills duplex. One side is vacant, and the other side is occupied by a 12-year tenant paying $1,450/month on a month-to-month lease, which is below the $1,600–$1,650 market rent. These are large 2 bed / 2 bath units over 1,000 sqft each, and there is room to make cosmetic updates and force equity. I think you can land this at $340k and push the ARV closer to $375k with modest updates and leasing.
7316 Davis Blvd North Richland Hills 76182
7) Austin Duplex With A Rare $339k Entry Price — $339k
Asset Quality B | Neighborhood Quality C+ | Year Built 1985 | 6.5% Cap
One side is leased at $1,250/month, the other side is vacant, and market rent is $1,500/door. This is an exceptional entry price for Austin, especially this close to downtown, South Austin, and the east side. If you want low basis, Austin exposure, and a path to cash flow, this is one checks all boxes.
2202 Donahue Ln Austin
8) Houston (Dickinson) Quads w/ The Best Rent-To-Price Ratios — $325k Ea
Asset Quality B | Neighborhood Quality B | Year Built 1974 | 9% Cap
$3,730–$3,935/month is already in place across these fully occupied Dickinson quadplexes. There are three neighboring fourplexes available, all with stable rental history, tenant-paid utilities, recent HVAC updates, and rents ranging from $900–$1,000 per unit. At $325k per quad, this is one of the strongest long-term rental rent-to-price ratios we’ve posted in months, especially in the Dickinson market. These are in a flood zone, current estimated all-in insurance including flood is around $5,400/year per quad, so the numbers are still excellent.
4029 Briar Hollow Dr Dickinson 77539
Considering an offer? Let’s talk next steps.