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Houston New Construction Duplex in Growth Corridor $465k


3107 Grassmere St, Houston
ROI
16.29% IRR
Strategy
Long Term Rental
Modern new construction duplex with two 3-bedroom 2-bath units, both currently leased at $2038 per month on one-year leases likely to renew. No HOA and tenants pay their own utilities. Features include quartz countertops, water-resistant flooring, and modern lighting throughout. Located in Sunnyside, one of Houston’s fastest-growing neighborhoods. Easy hold with solid upside. Taxes $8400.


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Houston New Construction Duplex in Growth Corridor $465k


Listed 06/19/2025

3107 Grassmere St, Houston

Purchase Price:$465,000

Cash Outlay:$125,550

Cashflow:$437/mo

Cap Rate:6.96%

IRR:16.29%

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