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Houston Off-Market Cashflowing New Build Duplex $375k

8214 Richland Dr, Houston
ROI
22.03% IRR
Strategy
Long Term Rental
2024 new construction for minimal deferred maintenance. Side A is leased at $1791 per month, and Side B is leased for $1750 through Feb 2026. Walk into equity, this property is worth $400k. The deal combines strong cash flow with appreciation potential and low-hassle ownership—ideal for out-of-state investors. Taxes $6100.

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Houston Off-Market Cashflowing New Build Duplex $375k

Listed 08/13/2025

8214 Richland Dr, Houston

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$741/mo

Cap Rate:7.91%

IRR:22.03%

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