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Houston 100% Occupied Quadplex $599k

19990 Ravenwood Dr, Porter
ROI
18.07% IRR
Strategy
Long Term Rental
Located in Porter TX north of downtown Houston. Fully occupied. Tenants are current on rents with leases renewing in 2026. Current rent roll totals $5050 per month. The seller seems negotiable and I expect to land this around $575k. Taxes $7545.

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Houston 100% Occupied Quadplex $599k

Listed 05/27/2025

19990 Ravenwood Dr, Porter

Purchase Price:$599,000

Cash Outlay:$161,730

Cashflow:$745/mo

Cap Rate:7.33%

IRR:18.07%

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