Houston New Build Duplex $350k

3221 Ennis St, Houston

ROI

17.77% IRR

Strategy

Long Term Rental

Brand new construction duplex just minutes from Downtown Houston, the Museum District, TSU, and UH. Built in 2024, so maintenance costs should stay low for years to come. Both units are fully occupied on month-to-month leases—ideal for a househacker looking to move in or an investor ready to lock in long-term tenants. Rental comps support $1,700/month for similar new-build 2-bed units in the area. The current tenants pay $1418 per door. Taxes: $7,169.

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Houston New Build Duplex $350k

Listed 06/05/2025

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3221 Ennis St, Houston

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$417/mo

Cap Rate:7.27%

IRR:17.77%

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