SUMMARY: $228K/year from an Arlington 8-unit STR, a Baytown 8-unit cut to $1.1M with room to add more units, a North Richland Hills fourplex with $7,200/month market rent and STR flexibility, and a turnkey Mesquite STR doing $119K/year now priced at $630K.
Arlington 8-Unit STR Producing ~$228K/yr $1.45M
Turnkey STR | Arlington Entertainment District | Year Built 1972
Average gross revenue has been about $228K/year over five years, or roughly $19,057/month. Eight furnished units are already set up for short-term rentals about a half-mile from AT&T Stadium. You can keep the STR model or pivot units toward MTR or LTR over time. Ideal for an investor looking to scale into proven short-term rental income; reply for the operating details and buyer packet.
1006 Thannisch Dr Arlington TX 76011
Sale Price | $ 1,450,000 | Cap Rate | 8.28% |
Cash Needed | $ 377,000 | Cash on Cash | 9.41% |
Monthly | Annual | ||
Income | $ 19,057 | $ 228,685 | |
Mortgage | 6.75% | $ 7,054 | $ 84,642 |
Tax | $ 1,792 | $ 21,500 | |
Repairs | $ 381 | $ 4,574 | |
Insurance | $ 404 | $ 4,850 | |
Mgmt | $ 2,859 | $ 34,303 | |
Utilities | $ 1,300 | $ 15,600 | |
Landscape | $ 150 | $ 1,800 | |
Supplies | $ 200 | $ 2,400 | |
Cleaning | $ 1,200 | $ 14,400 | |
Misc Fees | $ 762 | $ 9,147 | |
NOI | $ 10,009 | $ 120,111 | |
Cashflow | $ 2,956 | $ 35,469 |
Baytown 8-Unit STR/LTR $140K per Door $1.1M
8-Unit Multifamily | Baytown | Year Built 2011
Major price reduction to 1.125M. I originally loved this deal at 1.35M. Now even better. The two-building setup is currently operated as Airbnb, while prior LTR underwriting was $13,200/month and the STR projection was about $280K/year. Furnishings convey, utilities are separately metered, and a completed slab plus permit gives you a path to add another building. Ideal for someone who wants scale with STR, LTR, and expansion options.
2013 Ellis School Rd Baytown TX 77521
Sale Price | $ 1,100,000 | Cap Rate | 9.63% |
Cash Needed | $ 286,000 | Cash on Cash | 14.60% |
Monthly | Annual | ||
Income | $ 13,200 | $ 158,400 | |
Mortgage | 6.75% | $ 5,351 | $ 64,211 |
Tax | $ 1,833 | $ 22,000 | |
Insurance | $ 406 | $ 4,875 | |
Vacancy | $ 660 | $ 7,920 | |
Maintenance | $ 396 | $ 29,700 | |
Utilities | $ 75 | $ 900 | |
Management | $ 924 | $ 11,088 | |
Lawn Care | $75.00 | $ 900 | |
HOA | 0 | $ - | |
NOI | $ 8,830 | $ 105,965 | |
Cashflow | $ 3,479 | $ 41,754 |
North Richland Hills Fourplex $7,200/mo Market Rent $775K
Updated Fourplex | North Richland Hills | 1984
Market rent is $1,800 per unit, putting these four 3/2 units at $7,200/month once stabilized. The current income totals $6940 per month. Each unit is 1,517 SF, and the property has had updates including kitchens, interiors, windows, roof repairs, and a recently replaced sewer line. North Richland Hills allows short-term rentals in multifamily zones, so you can run this as LTR, house hack, MTR, or STR. Great fit for an investor who values multiple exit strategies.
5033 Winder Ct North Richland Hills TX 76180
Mesquite STR Producing $118,985/yr $630K
Turnkey STR | Mesquite | Year Built 1989
This property produced $118,984.55 in 2025 gross revenue. The dashboard shows 86.54% occupancy, a $328.89 ADR for 2025. Five bedrooms, three baths, a large pool, multiple living areas, and everything from the furnishings to the housewares conveys with the sale. Ideal for someone who wants to buy an operating STR instead of building one from scratch and execute a STR Loophole tax strategy.
904 Tiffany Ln Mesquite TX 75149
Sale Price | $ 630,000 | Cap Rate | 9.08% |
Cash Needed | $ 163,800 | Cash on Cash | 12.47% |
Monthly | Annual | ||
Income | $ 10,417 | $ 125,000 | |
Mortgage | 6.75% | $ 3,065 | $ 36,776 |
Tax | $ 1,050 | $ 12,600 | |
Repairs | $ 208 | $ 2,500 | |
Insurance | $ 263 | $ 3,150 | |
Mgmt | $ 1,563 | $ 18,750 | |
Utilities | $ 950 | $ 11,400 | |
Landscape | $ 100 | $ 1,200 | |
Supplies | $ 100 | $ 1,200 | |
Cleaning | $ 1,000 | $ 12,000 | |
Misc Fees | $ 417 | $ 5,000 | |
NOI | $ 4,767 | $ 57,200 | |
Cashflow | $ 1,702 | $ 20,424 |
Unicorn Deal»
NEW CONSTRUCTION. ALREADY RENTED.
Buy Turnkey Rentals Across DFW + Houston
Anderson Residential Communities is the Built-to-Rent development partner of The Texas Deal List, with new-construction rental homes across multiple master-planned communities in Texas.
✓ Tenants already in place
✓ New construction
✓ Property management already established
✓ Exclusive financing, incentives, and discounts
✓ Rates as low as 4.25%
✓ HouseHacker Eligible with 3-5% down!
Considering an offer? Let’s talk next steps.
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512-270-3257