Two Homes on One Lot, a Houston Fourplex, and a Rare San Marcos Deal

1) Houston New Construction Fourplex That Actually Cash Flows | $679k »great deal»
Asset Quality A+ | Neighborhood Quality B | Year Built 2026
$6600 per month as a long-term rental, minimum. This is a brand new Houston quadplex with two 2-bed units with market rent between $1800 to $2000 each and two 1-bed units with market rent around $1500 each, in a dense rental pocket near the Medical Center, NRG, the Astrodome, downtown Houston, the East End, and the University of Houston. The numbers are unusually strong for new construction, especially when nearby duplexes are trading for $500k+ and this gives you four total units for $679k with no near-term capital risk. This is the best deal on the list, and if you want a long-term rental that cash flows now with real STR or MTR upside later, scroll through the images and look at this closely. It is rare to find one that pencils in all three categories.
4562 Teton St #A-D Houston 77051

2) San Marcos Fully Occupied Quadplex | $500k
Asset Quality B | Neighborhood Quality B | Year Built 1983
$4094 per month is already coming in from four leased 2-bed, 1-bath units in San Marcos. The property last sold for $641k near the May 2022 peak and is now back on the market at $500k, creating a market-corrected low entry point on a fully occupied asset. Rents are still below market value, with multiple quads in this area leasing for $1200 per door as leases turn. Bracewood quadplexes almost never hit the market at this price, and I think this is a very strong equity and appreciation play between Austin, San Antonio, and New Braunfels.
801 Bracewood Cir San Marcos 78666

3) Lubbock Off-Market New Build with Tenant Through 2027 | $290k
Asset Quality A | Neighborhood Quality A | Year Built 2024
$2500 per month is already locked in through April 30, 2027, and the tenant wants to stay through 2029. This is a 2024 built, single-story 4-bed, 3-bath home in the premium Viridian community with over 2000 sqft, upgraded finishes, a desirable floor plan, and a low-cost HOA for some added oversight. This is the exact kind of low-touch, low capex rental I like for out-of-state or overseas owners who want a long-term hold without needing to babysit the property. If you want a newer build with a strong tenant already in place, this is one to consider.
2922 134th St Lubbock 79423

4) San Antonio Two Homes on One Lot Near Lackland | $245k
Asset Quality B- | Neighborhood Quality C | Year Built 1948
$2665 to $2765 per month in total rent potential makes this two-home setup one of the highest margin 1 percent rule style plays in the state right now. The front home is a 3-bed, 1-bath already leased for $1465, and the second home is a 2-bed, 1-bath with rents projected between $1200 to $1300 per month. Two individual single-family homes on one lot creates real flexibility for a house hacker or long-term buy-and-hold investor. This is a simple, affordable deal with multiple ways to use it. Househack clients ask for this exact setup all the time, and it is rare to find it with separate utility meters, privacy fencing between units, a large lot, and plenty of parking. This is the two-home setup done right, and it will make a terrific househack or high-margin long-term rental.
1412 Whitman Ave San Antonio 78211

5) Houston Quadplex Portfolio Leased for $3750 Per Quad | Asking $360k ea. »portfolio builder»
Asset Quality C | Neighborhood Quality C | Year Built 1974
$3730 to $3935 per month is already coming in on each fully occupied quadplex, depending on which building you choose… Premium and Unicorn deals are reserved for readers with 3+ referrals. Share The Texas Deal List with a few investor friends to unlock the full list and see the best deals!

4) Houston Quadplex Portfolio Leased for $3750 Per Quad | Asking $360k »portfolio builder»
Asset Quality C | Neighborhood Quality C | Year Built 1974
$3730 to $3935 per month is already coming in on each fully occupied quadplex, depending on which building you choose. There are three separate Dickinson quadplexes available, 4029 Briar Hollow at $359000, 4017 Briar Hollow at $369000, and 4021 Briar Hollow at $399000, with each building offering four 2-bed units and a stable rent roll. The big risk-reduction items here are full occupancy, tenant-paid utilities, recent HVAC updates across the portfolio, and an insurance quote that already includes flood insurance. These are in Flood Zone AE, so diligence matters, but this is a rare chance to buy one affordable quad or bundle all three together in Galveston County.
4017 Briar Hollow Portfolio

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