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Houston New Construction Fourplex Near Major Employers | $665k

4562 Teton St Unit A-D, Houston
ROI
18.73% IRR
Strategy
Mid Term Rental
$6,600/month in projected 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 at $1,800 each and two 1-bed, 1.5-bath units projected at $1,500 each. Unit C already leased at $1,500 through June 1, 2027. New build quadplex comps here support values over $800k. I think this gets done around $665k, and it is worth reviewing closely if you want new construction, employer proximity, and multiple exit strategies including LTR, MTR, and STR.

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Houston New Construction Fourplex Near Major Employers | $665k

Listed 06/02/2026

4562 Teton St Unit A-D, Houston

Purchase Price:$665,000

Cash Outlay:$179,550

Cashflow:$903/mo

Cap Rate:7.47%

IRR:18.73%

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