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Houston Energy Corridor Duplex $390k

6415 Waldron Dr, Houston
ROI
16.78% IRR
Strategy
Long Term Rental
Each unit already leased for $1,800/month (3 bed / 2.5 bath) new roof in 2019, offering minimal ongoing maintenance and strong tenant demand in Houston’s energy corridor. Properties like this rarely trade at favorable cap rates this close to BP America, ConocoPhillips, Shell, and CITGO, creating a deep pool of highly paid renters and fast lease-ups. With turnkey condition and tenants in place, this is a strong buy-and-hold appreciation play and a great candidate for owner management since it's already tenant occupied and in good condition.

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Houston Energy Corridor Duplex $390k

Listed 01/27/2026

6415 Waldron Dr, Houston

Purchase Price:$390,000

Cash Outlay:$105,300

Cashflow:$429/mo

Cap Rate:6.71%

IRR:16.78%

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