Top 8 Discounted and High Cash Flow Deals in Texas

1) Old East Dallas Quad Up To $6,250/mo Rent. $595K
Mid-Condition | Munger Place / Old East Dallas | Year Built 1930
$6,250 per month is the gross rent once the fourth unit leases at $1,650. Three units already produce $4,600/month, and one existing lease is $250 below fmv. The seller’s OM models an 8.24% cap rate at asking in an established East Dallas neighborhood. Great for a house hacker or investor who wants cash flow and urban-core appreciation; reply for the OM and rent details.
5004 E Side Ave Dallas TX 75214

2) Houston New Construction Duplex $5,200/mo $499K »Best Duplex deal of the year.
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 3-bedroom units are leased through July and August 2027, tenants pay all utilities. Tons of nearby comps giving you $45,000 of walk-in equity with no renovation or lease-up needed. Perfect for a first-time or out-of-state investor; reply for the leases and diligence.
5406 Pershing St Houston TX

3) Houston Fourplex $65K Below Appraisal $429,900
Turnkey | Hobby Area | Year Built 1946
$4,100 per month is already coming in across four occupied units, and lease comps support up to $1250 per door or $5,000/month. The property already appraised for $495,000, giving you $65,000 of walk-in equity at asking. New plumbing, electrical, renovated kitchens, and central HVAC remove a lot of the usual fourplex headaches. Perfect first step into larger multifamily.
5209 Plum Dr Houston TX 77087

4) Garland PadSplit Producing $4,500-$5,000/mo $389K
Asset Quality TBD | Neighborhood Quality TBD | Year Built TBD
$4,500 to $5,000 per month is the historical rent range from this 7-bedroom PadSplit house. Six of the seven bedrooms are already rented and the 7th can be delivered occupied if you wish, so you are buying a single-family property that operates more like a small multifamily. At $389,000, the rent-to-price ratio is well above the 1% rule. Great for an investor looking for maximum cash flow or an aggressive house hacker. (Link below for image references only).
101 S Bernice Garland TX

5) 2022 Converse Duplex $3,400/mo Rental Income $375K
Asset Quality A | Neighborhood Quality B | Year Built 2022
$3,400 per month is supported by lease comps at $1,700 per side. I expect this to trade closer to $375,000, which gives you a great rent-to-price ratio on a 2022-built duplex. Each unit is 3 bedrooms and 2.5 baths, so there is no obvious renovation project standing between you and leasing it. Perfect for a first or second multifamily purchase; reply for the comps.
8635 Key Windy Way Converse TX 78109

6) Killeen Fourplex Hitting 1% Rule $340K
Asset Quality TBD | Neighborhood Quality TBD | Year Built 1997
Roughly $3,500 per month is supported at $875 per unit on this $340,000 fourplex. Two of the four 2-bedroom units are vacant, making this especially interesting for an FHA or VA house hacker. You are buying four doors for only $85,000 each with no HOA and two occupied units already in place.
1501 Benttree Dr Killeen TX 76543

7) Fort Worth Rental Leased at $2,850/mo $289,500
Asset Quality A | Neighborhood Quality TBD | Year Built 2005
$2,850 per month is already in place on a $289,500 purchase, putting this rental very close to the 1% rule. The tenant is locked in through August 2027, so there is no immediate vacancy or lease-up risk. You’re getting 5 bedrooms, 4 baths, and 3,209 sqft, and I think there is a world where the seller takes closer to $280,000. Perfect for an investor wanting a simple turnkey SFR.
208 Dakota Ridge Dr Fort Worth TX 76134

8) Dallas 1% Rule SFR Motivated Seller $235K »Best SFR deal of the year.
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 this property is easily worth $275,000 based on the nearby comps, giving you $40,000 of walk-in equity. The long-term tenant handles lawn care and utilities, so this is about as simple as a starter rental gets. Perfect first investment. Off market. motivated seller. »Best SFR deal of the year.
3807 Alsbury St Dallas TX 75216