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Houston New Construction Fourplex Near Major Employers | $670k

4562 Teton St Unit A-D, Houston
ROI
16.53% IRR
Strategy
Mid Term Rental
$6600 per month in long-term rent makes this one of the rare new construction quads that can pencil as a traditional rental. This is a brand-new Houston fourplex near the Medical Center, downtown, University of Houston, and major commuter routes, with two 2-bed, 2.5-bath units projected to lease for $1800 each and two 1-bed, 1.5-bath units projected at $1500 each. Unit C already leased at $1500 through June 1, 2027 after only 10 days on market, which gives an early proof point on demand. BONUS: multiple exit strategies exist. The deal will be a great MTR or STR play as well. This is one worth reviewing closely if you want new construction, employer proximity, and flexibility in one asset. Ask for the sale comps- new build quads here will trade for over $800k. This is a phenomenal deal.

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Houston New Construction Fourplex Near Major Employers | $670k

Listed 06/02/2026

4562 Teton St Unit A-D, Houston

Purchase Price:$670,000

Cash Outlay:$180,900

Cashflow:$656/mo

Cap Rate:7.01%

IRR:16.53%

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