Houston Triplex with Heavy Cash Flow | $399k

12738 Shannon Hills Dr, Houston

ROI

20.87% IRR

Strategy

Long Term Rental

The rent roll documents 2 of 3 units occupied at $1375 per month each. Each of the three units has a separate tax account giving the new owner flexibility to sell individual units if you choose. All utilities are separately metered including water. Units fill quickly and market comps suggest you can even push rents as high as $1500 per unit. Excellent cash flow play selling for below FMV.

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Houston Triplex with Heavy Cash Flow | $399k

Listed 08/04/2026

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12738 Shannon Hills Dr, Houston

Purchase Price:$399,000

Cash Outlay:$107,730

Cashflow:$688/mo

Cap Rate:7.91%

IRR:20.87%

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