Fully Occupied Triplex – Immediate Cash Flow + Value-Add Upside
This fully occupied triplex (3 of 3 units leased) offers investors immediate rental income with additional upside potential. Featuring three 3-bedroom, 1-bath units, each with separate entrances and in-unit laundry hookups, this property provides a strong and desirable rental layout.
Income + Opportunity:
All three units currently leased, providing immediate cash flow.
Upstairs unit is on a month-to-month lease, offering flexibility for rent increases, renovation, or owner-occupant use
Opportunity to increase rents and overall value with light improvements (~$14K rehab bid available)
Property Highlights:
New roof (2025)
Separate electric and gas meters (water partially shared and reflected in rents)
Recent interior updates in select units, including paint, lighting, and refinished hardwood floors
Newer exterior staircase to upper unit
Value-Add Potential:
Upstairs unit offers upside through cosmetic updates or repositioning
Exterior presents opportunity for additional curb appeal improvements
Strong rental demand in the area supports long-term investment potential
This is an ideal opportunity for investors seeking a stabilized asset with built-in upside and operational flexibility.
Bid for renovation available upon request. Owner is a licensed agent in Texas.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: MLS Technology, Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.