FREE book: The Book on Texas Real Estate Investing — download now

Houston Off Market Single Family Rental $240k

4614 Phlox St, Houston
ROI
16.15% IRR
Strategy
Long Term Rental
Two story brick home built in 2005 with four bedrooms and two and a half baths. Tenant is in place through June 2026 paying $2200 per month providing immediate income with no vacancy risk. New roof installed in 2023. A long term property manager is available to continue management, making this a straightforward buy and hold rental with minimal operational involvement.

Enter your email to download the proforma

< Back to Daily Deals

Houston Off Market Single Family Rental $240k

Listed 12/29/2025

4614 Phlox St, Houston

Purchase Price:$240,000

Cash Outlay:$64,800

Cashflow:$216/mo

Cap Rate:7.07%

IRR:16.15%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Irving Furnished STR In The Middle Of DFW $95K Revenue $510K

1809 Salem St, Irving

Purchase Price:$510,000

Cash Outlay:$137,700

Cashflow:$1,042/mo

Cap Rate:8.29%

IRR:22.72%

Mid Term Rental

Richardson Furnished STR With Pool + Jacuzzi $96K Revenue $515K

1613 E Spring Valley Rd, Richardson

Purchase Price:$515,000

Cash Outlay:$139,050

Cashflow:$690/mo

Cap Rate:7.44%

IRR:18.62%

Short Term Rental

Mesquite Furnished STR With Pool $119K Revenue $670K

904 Tiffany Ln, Mesquite

Purchase Price:$670,000

Cash Outlay:$180,900

Cashflow:$953/mo

Cap Rate:7.54%

IRR:19.11%

Long Term Rental

Waco Brick Duplex $2,790/mo $290K

261 Audrey Ave, Waco

Purchase Price:$290,000

Cash Outlay:$78,300

Cashflow:$333/mo

Cap Rate:7.22%

IRR:17.52%

Long Term Rental

Fort Worth 2022 Build Duplex Turnkey Upside $480K

1609 Daniel St, Fort Worth

Purchase Price:$480,000

Cash Outlay:$129,600

Cashflow:$136/mo

Cap Rate:6.18%

IRR:12.49%

Long Term Rental

Carrollton OWNER FINANCING Duplex Prime DFW Location $580K

2205 Heritage Cir, Carrollton

Purchase Price:$580,000

Cash Outlay:$156,600

Cashflow:$430/mo

Cap Rate:5.45%

IRR:13.87%