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Rental property for sale in Texas

Check our updated investment properties for sale in Texas. The real estate deals have been wisely curated by our team for you to achieve a cashflow-positive property investment. Added, investment tips and performance data in Texas.

Rental property for sale in Texas
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Long Term Rental

Houston (Spring) Off-Market Tenant-Occupied Single Family Rental $290k

90 Yewleaf Dr, Spring

Purchase Price:$290,000

Cashflow:$84/mo

Cap Rate:5.64%

Long Term Rental

DFW Off-Market Tenant-Occupied Single Family Rental $300k

1411 Jesse Ramsey Blvd, Cedar Hill

Purchase Price:$300,000

Cashflow:$136/mo

Cap Rate:6.53%

Long Term Rental

DFW (Irving) Cashflowing Triplex $600k

3122–3126 Conflans Rd #3, Irving

Purchase Price:$585,000

Cashflow:$138/mo

Cap Rate:6.27%

Long Term Rental

DFW (Grapevine) Fully Leased 8-Plex in Premier Location $1.5M

717 E Texas St, Grapevine

Purchase Price:$1,500,000

Cashflow:$1,732/mo

Cap Rate:7.37%

Long Term Rental

DFW (Grapevine) 13-Unit Multifamily | 100% Occupancy $1.9M

705 E Worth St, Grapevine

Purchase Price:$1,900,000

Cashflow:$2,256/mo

Cap Rate:7.41%

Long Term Rental

DFW (Fort Worth) 1% Rule Duplex $246k

2509 Normont Cir, Fort Worth

Purchase Price:$246,000

Cashflow:$317/mo

Cap Rate:7.53%

Long Term Rental

DFW (McKinney) Off-Market Great Location Duplex

2429 / 2431 Lakeview Cir, McKinney

Purchase Price:$375,000

Cashflow:$151/mo

Cap Rate:6.47%

Long Term Rental

Houston Fully Occupied Duplex $575k

5140 Mallow St, Houston

Purchase Price:$575,000

Cashflow:$178/mo

Cap Rate:6.36%

Long Term Rental

Houston New Construction Quadplex Luxury Finishes $750k

4501 Newberry St #A-D, Houston

Purchase Price:$750,000

Cashflow:$687/mo

Cap Rate:7.09%

Short Term Rental

Galveston 7-Unit SELLER FINANCED Portfolio $1.05M

3506 Cove View Blvd, Galveston

Purchase Price:$1,050,000

Cashflow:$695/mo

Cap Rate:5.63%

Short Term Rental

Houston “Pink House” Turnkey AirBnb $335k

9007 Beverlyhill St, Houston

Purchase Price:$335,000

Cashflow:$517/mo

Cap Rate:7.84%

Long Term Rental

San Antonio 100% Occupancy Triplex $475k

1522 S Elmendorf, San Antonio

Purchase Price:$475,000

Cashflow:$458/mo

Cap Rate:7.15%

Short Term Rental

DFW (Rowlett) Turnkey AirBnb $525k

7402 Brookhaven Dr, Rowlett

Purchase Price:$525,000

Cashflow:$173/mo

Cap Rate:6.38%

Mid Term Rental

Houston 7-Plex Walking Distance to Med Center $700k

6810 Del Rio St, Houston

Purchase Price:$700,000

Cashflow:$1,470/mo

Cap Rate:8.51%

Long Term Rental

DFW High Cashflow 8-Plex $1.01M

3065-3071 Olympia Dr, Denton

Purchase Price:$1,010,000

Cashflow:$1,847/mo

Cap Rate:8.18%

My Crucial Tip To Purchase Investment Properties In Texas

My Crucial Tip to Rental property for sale in Texas

For investors seeking rental properties for sale in Texas, I always recommend focusing on the highest-quality asset in the best neighborhoods. This means looking for areas where the rents cover your Principal Interest Taxes and Insurance Payment, and there is no shortage of opportunities for this. This is a state with few rent controls and favorable tax laws for property investment, so there is plenty of potential for you to thrive by entering this market. There is a fine art to finding rental properties for sale in any region, and the above advice will serve you well in Texas. With some markets prone to volatility, it’s important to check historical statistics and explore potential for growth based on various factors. But sticking to basics, like making sure your biggest expenses are covered, is the fundamental strategy for property investment in Texas.

Texas Investment performance and average price

Avg Purchase Price Avg Cap Rate Avg Cash on Cash Return Avg Cash Needed to close
Commercial 5+ units LTR $150k per door +/- $50k 6%-7% 4-5% $40k per door
Short Term Rental (SFH) $550k 10%-12% 10% 120k
STR (2-4 Units) $200k per door 11%-13% 10-11% $55k per door
Long Term Rental (2-4 Units) 300-400k 3%-5% 2% - 4% 98k
Long Term Rental (SFH) 300k - 350k 2% - 4% 2% - 3% $71,500
Househack (2-4 Units) 150k - 175k per door 3-5% 0% $12,500 per door
Househack (SFH) 325k - 400k 2-4% 0% $18,750

Frequently asked questions

I Am Ready to Invest. What Should Be My Next Step Toward Buying Rental property for sale in Texas?
We are thrilled that you are here! If you are exploring the possibility of investing in Rental property for sale in Texas, our team is waiting to hear from you. During your introductory consultation, we will chat about your goals, try to pin down your search criteria, and answer any questions you might have. We can also recommend our preferred lenders to begin the pre-approval process and get you ready to submit offers based on our findings in the local real estate market.
Do You Personally Invest in Rental property for sale in Texas and Other Markets?
Yes. Every member of our team is an active real estate investor. Victor acquires multiple properties annually, including Rental property for sale in Texas, with a portfolio that includes single-family homes, multi-family properties, and more. The strategies we recommend are the exact ones that we personally use.
How Many Clients Do You Work With Who Are Interested in Rental property for sale in Texas?
Currently, we keep our Active Investor list limited to 30 clients at a time. This way, we can ensure we can offer equal attention and a personalized experience for all. If you are working with us to seek Rental property for sale in Texas, we will review your file daily and deliver curated prospects aligned with your goals. We only work with engaged clients and aim for consistent communication.
Do You Work With Investors Looking for 5+ Units Rental property for sale in Texas?
Absolutely! We are happy to help clients who wish to purchase Rental property for sale in Texas that include 5+ unit multifamily buildings. However, we consider 2-4 units to be the gold standard for such endeavors. Cap rates have improved for these larger assets as interest rates have increased, so there are strong acquisition opportunities at present.
Is It Still Possible to Find Cash-Flowing Rental property for sale in Texas?
Yes, but it is crucial to adapt the strategy to the local market. This is where we come in, as we have a strong first-hand knowledge of local markets when exploring Rental property for sale in Texas. Let us do the work in comparing traditional long-term rentals versus short- or medium-term strategies to find the perfect approach in this location. We will align your acquisition of Rental property for sale in Texas with a management strategy that supports your income goals.
I Am an Out-of-State Investor. Can I Still Buy Rental property for sale in Texas?
Of course! In fact, many of our clients are based outside of Texas. We have honed an efficient system to support out-of-state investors with things like remote video walkthroughs, electronic document signing, and mobile notary services. We make it easy to purchase Rental property for sale in Texas with confidence from anywhere in the country with no need to travel.
How Many People Are on Your Team, and Will I Work With You Directly When Searching for Rental property for sale in Texas?
Our team consists of seven full-time professionals, including four investor-focused agents, a real estate analyst, and a closing coordinator. We are also supported by a professional network of trusted contractors and others who are crucial to the process, assisting with legal and tax consultancy, recommendations for improvements, and more. If you are pursuing Rental property for sale in Texas, you will work directly with Victor in the initial stages, but the full team will be at your disposal.
Are There Rental property for sale in Texas by Owner?
We are very experienced at tracking down Rental property for sale in Texas that are listed directly by the owners. These types of listing can occasionally offer unique opportunities, but you will need our help to perform due diligence and full legal compliance. Let us help you evaluate these opportunities to ensure they align with your investment goals.
Where Can I Find Cheap Rental property for sale in Texas?
The cheapest Rental property for sale in Texas are usually found in emerging neighborhoods, older subdivisions, or through off-market deals. These properties may require some light renovation, but they often present opportunities for robust long-term cash flow. Work with our team to identify undervalued assets that match your budget and offer strong returns.
Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

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Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?

Schedule a call
Positive Cashflow in Appreciating Markets

Ready to invest in central Texas real estate?