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

Houston (Pasadena) Renovated Triplex Highly Rated Schools | $475K

5105 Oak Ave, Pasadena
ROI
14.04% IRR
Strategy
Long Term Rental
$4,400/month is the total income with the vacant single-family home leased at its prior $1,900 rent. The property includes one single-family home and one duplex, and all utilities, including water, are paid by the tenants. All three units were renovated in 2023, and the roof was replaced in 2020. Perfect first small multifamily investment. Schools are rated 6s and 7s and Pasadena has been appreciating a little over 5% year over year for the last decade.

Enter your email to download the proforma

< Back to Daily Deals

Houston (Pasadena) Renovated Triplex Highly Rated Schools | $475K

Listed 07/16/2026

5105 Oak Ave, Pasadena

Purchase Price:$475,000

Cash Outlay:$128,250

Cashflow:$262/mo

Cap Rate:6.50%

IRR:14.04%

Talk to an agent about this property

Get a response in less than 24 hours.
Message

See other properties

Short Term Rental

Off-Market STR AirBnB Compound Producing $175k | $890k

20122 Canterbury Rd, Porter

Purchase Price:$890,000

Cash Outlay:$240,300

Cashflow:$3,309/mo

Cap Rate:10.30%

IRR:32.46%

Long Term Rental

Houston MSA Duplex Nearly 10% Cash-on-Cash | $591K

1762 E Peach Creek Dr, Dayton

Purchase Price:$591,000

Cash Outlay:$159,570

Cashflow:$1,191/mo

Cap Rate:7.25%

IRR:21.92%

Long Term Rental

DFW Duplex: Retail Buyers Pay $699K, SRC Clients Pay | $655K

6802-6804 Florence Dr, Midlothian

Purchase Price:$695,000

Cash Outlay:$187,650

Cashflow:$779/mo

Cap Rate:6.18%

IRR:16.56%

Mid Term Rental

North Dallas STR With $80K+ Proven Revenue | $490K

4219 Bendwood Ln, Dallas

Purchase Price:$490,000

Cash Outlay:$132,300

Cashflow:$351/mo

Cap Rate:6.70%

IRR:15.01%

Short Term Rental

Northwest Austin Quad 100% Occupied | $630K

1903 W Loop, Austin

Purchase Price:$630,000

Cash Outlay:$170,100

Cashflow:$619/mo

Cap Rate:7.02%

IRR:16.55%

Long Term Rental

Plano 5-Unit in a Premier Submarket | $950K

1607 M Ave, Plano

Purchase Price:$950,000

Cash Outlay:$256,500

Cashflow:$231/mo

Cap Rate:6.13%

IRR:12.25%