1) Downtown Plano 12-Plex Fully Occupied $1.95M »UNICORN«
Asset Quality A | Neighborhood Quality A+ | Year Built 1970 / Renovated 2020
$20,775 per month is already in place across 12 fully occupied units in walkable Downtown Plano. The seller has agreed to a final price of $1.95M, down from the current $2.2M ask, which makes this worth a serious look for anyone who wants cash flow in a premier DFW location at a larger scale. Current rents average $1,735 per door with upside to $1,850-$2,100 per door. I assumed $1850 per door in my analysis below and the due diligence file has supporting documentation for repairs, upgrades, rent roll, etc. Ideal for a buyer who wants stabilized income in an A+ market.
» Diligence Folder: 1509 F Ave Plano
» Listing Link: 1509 F Ave Plano
Sale Price | $ 1,950,000 | Cap Rate | 8.24% |
Cash Needed | $ 507,000 | Cash on Cash | 9.23% |
Monthly | Annual | ||
Income | $ 22,200 | $ 266,400 | |
Mortgage | 6.75% | $ 9,486 | $ 113,829 |
Tax | $ 3,250 | $ 39,000 | |
Insurance | $ 1,235 | $ 14,820 | |
Repairs | $ 666 | $ 7,992 | |
Mgmt | $ 1,554 | $ 18,648 | |
Vacancy | $ 666 | $ 7,992 | |
Utilities | $ 1,296 | $ 15,547 | |
Lawn | $ 150 | $ 1,800 | |
HOA | $ - | $ - | |
NOI | $ 13,383 | $ 160,601 | |
Cashflow | $ 3,898 | $ 46,772 |
2) Pasadena 14-Condo Reposition Play $1.3M (FMV $2.2M!!)
Asset Quality B | Neighborhood Quality B | Year Built 1979
$14,000 per month is already being collected across 14 condos near Houston. You’re buying 12 two-bed units and 2 one-bed units inside a 21-unit complex, which gives the buyer controlling interest in the HOA and the option to sell units individually over time. Conservative individual resale values are $145K for the 1-beds and $165K for the 2-beds, which points to roughly $2.2M in value against a $1.3M purchase price. Ideal for a buyer who understands reposition plays (purchase, minor updates, sell individually to capture top of market value), with a detailed OM available and financing already pre-underwritten by Ethan Bubel at Capital Fund: 469-489-0194. This will cash flow nicely while you sell individual units over time and realize the full $2.2M FMV.
» Link: 3002 Pasadena Blvd Pasadena TX 77503
Sale Price | $ 1,300,000 | Cap Rate | 6.97% |
Cash Needed | $ 338,000 | Cash on Cash | 4.35% |
Monthly | Annual | ||
Income | $ 14,000 | $ 168,000 | |
Mortgage | 6.75% | $ 6,324 | $ 75,886 |
Tax | $ 1,809 | $ 21,709 | |
Insurance | $ 221 | $ 2,650 | |
Repairs | $ 221 | $ 2,650 | |
Mgmt | $ 980 | $ 11,760 | |
Vacancy | $ 420 | $ 5,040 | |
Utilities | $ - | $ - | |
Lawn | $ - | $ - | |
HOA | $ 2,800 | $ 33,600 | |
NOI | $ 7,549 | $ 90,591 | |
Cashflow | $ 1,225 | $ 14,705 |
3) Houston STR 12 Cap on Real Financials $545K
Asset Quality B | Neighborhood Quality B | Year Built 1963/ Remodeled 2023
$101,532.03 in 2025 top-line revenue with itemized expenses showing $66,551.51 NOI after management fees. At $545K, that is a walk-in 12 cap on actual financials, not a pro forma, and the property was only live on Airbnb starting in mid-January 2025. The 5-bedroom layout, 14-guest capacity, hot tub, and sub-10-minute drive to the Medical Center and Astrodome are probably why it performed this well. My numbers reflected below show a more conservative estimated 7 cap according to how I typically run a STR deal. Ideal for an STR buyer who wants real numbers before underwriting, with financials and expenses available for review.
» Link: 5407 Ariel St Houston TX 77096
» PnL: actual numbers from manager
4) Grapevine 1% Rule Duplex With Value-Add $455K »UNICORN«
Asset Quality B | Neighborhood Quality A | Year Built 1985
$2,300 per side is supported by nearby lease comps, which puts this rare Grapevine duplex right at the 1% rule in a premier DFW market. Asking price is $450K, but I’d be at $455K because 1222 W Hudgins sold for $525K just two months ago and this one will receive multiple offers so we should be competitive. Each side is a large 3 bed, 2 bath, 1,500 sqft unit. NOTE $8,000 in foundation work needed and the quote is available for review. Ideal for a DFW investor or house hacker who wants value-add potential in an A-grade DFW (Grapevine) location. Absolute unicorn deal. reach out asap if interested.
» Link: 1233 W Hudgins St Grapevine TX 76051
Sale Price | $ 455,000 | Cap Rate | 7.60% |
Cash Needed | $ 118,300 | Cash on Cash | 6.77% |
Monthly | Annual | ||
Income | $ 4,600 | $ 55,200 | |
Mortgage | 6.75% | $ 2,213 | $ 26,560 |
Tax | $ 758 | $ 9,100 | |
Insurance | $ 288 | $ 3,458 | |
Repairs | $ 138 | $ 2,650 | |
Mgmt | $ 322 | $ 3,864 | |
Vacancy | $ 138 | $ 1,656 | |
Utilities | $ - | $ - | |
Lawn | $ 75 | $ 900 | |
HOA | $ - | $ - | |
NOI | $ 2,881 | $ 34,566 | |
Cashflow | $ 667 | $ 8,006 |
Considering an offer? Let’s talk next steps.
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512-270-3257
