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Houston Indie Heights New Construction Duplex | $425k

4607 Indie Heights Ln #A-B, Houston
ROI
24.60% IRR
Strategy
Long Term Rental
$5,000/month is the conservative projected gross rent on a brand new duplex in one of the harder-to-find multifamily pockets in Houston. This is a gated community in Independent Heights with modern finishes, garages, full appliance package, no carpet, and a $150/month HOA that covers trash, water, and sewer. Same-community listings are asking as high as $2,100 for 2-bed units and $1,650 for 1-bed units, which is not confirmed yet but is a positive upside signal. Rare location, strong tenant demand, and new construction make this one worth reviewing closely.

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Houston Indie Heights New Construction Duplex | $425k

Listed 06/11/2026

4607 Indie Heights Ln #A-B, Houston

Purchase Price:$425,000

Cash Outlay:$114,750

Cashflow:$1,005/mo

Cap Rate:8.68%

IRR:24.60%

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