Browse Properties
New Construction in Houston, TX
Houston, TX 77016
New Construction in Houston, TX
Houston, TX 77016
5.1%
Year 1 Cap Rate$215,623
10 yr cash flow7.42%
10 yr IRRDetails
- Lot size6,000
- Rentable Sq.Ft1,826
- $/Rentable Sq.Ft$126
- Monthly rent$2,075
- Safety deposit$2,075
- Estimated reserve$3,500
- Lease start2025-07-01
- Lease end2026-06-30
- HOAYes
- Flood zoneNo
This is your chance to invest in Houston, Texas—the second-fastest growing metro in the U.S.—at a new construction price point that aligns with today’s market fundamentals.
Located in a high-demand residential neighborhood just 20 minutes from downtown, this 3-bedroom home sits on a generous 6,000 sq.ft. lot and offers a turnkey, tenant-ready investment in one of Texas’ most accessible and landlord-friendly markets.
Houston’s economic momentum continues to build, fueled by recent expansions from Amazon, Tesla’s new lithium refinery, and Hewlett Packard Enterprise’s headquarters relocation.
The result?
Sustained population growth, strong job creation, and rising rental demand—all in a state with no income tax and pro-investor regulations.
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Neighborhood
Niche grades and rankings use rigorously analyzed data and user opinions to assess the key aspects of this neighborhood.
Overall neighborhood score:
Houston, 77016
Cost Of Living
Good For Families
Good For Young Professionals
Housing
Jobs
Public Schools
Weather
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Financials
| Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
|---|---|---|---|---|---|
| Rental revenue | $24,900 | $25,896 | $26,932 | $29,129 | $35,440 |
| Vacancy & Collection Loss | ($1,245) | ($1,295) | ($1,347) | ($1,456) | ($1,772) |
| Operating revenues | $23,655 | $24,601 | $25,585 | $27,673 | $33,668 |
| Expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| HOA fees | ($453) | ($467) | ($481) | ($510) | ($592) |
| Insurance | ($1,479) | ($1,523) | ($1,569) | ($1,664) | ($1,929) |
| Utilities | ($0) | ($0) | ($0) | ($0) | ($0) |
| Leasing Fee | ($415) | ($432) | ($449) | ($485) | ($591) |
| Property management | ($1,183) | ($1,230) | ($1,279) | ($1,384) | ($1,683) |
| Real estate taxes | ($7,183) | ($7,399) | ($7,621) | ($8,085) | ($9,373) |
| Repairs and maintenance | ($1,245) | ($1,295) | ($1,347) | ($1,456) | ($1,772) |
| Operating expenses | ($11,958) | ($12,346) | ($12,746) | ($13,584) | ($15,940) |
| Net Operating Income | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Operating revenues | $23,655 | $24,601 | $25,585 | $27,673 | $33,668 |
| Operating expenses | ($11,958) | ($12,346) | ($12,746) | ($13,584) | ($15,940) |
| Net Operating Income | $11,697 | $12,255 | $12,839 | $14,089 | $17,728 |
| Cap Rate | 5.1% | 5.3% | 5.6% | 6.1% | 7.7% |
| Other income & expenses | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| SHARE management | ($1,738) | ($1,790) | ($1,844) | ($1,956) | ($2,268) |
| Mortgage payments | $0 | $0 | $0 | $0 | $0 |
| Other income & expenses | ($1,738) | ($1,790) | ($1,844) | ($1,956) | ($2,268) |
| Cash flow & yield | Year 1 | Year 2 | Year 3 | Year 5 | Year 10 |
| Cash flow | $9,959 | $10,465 | $10,995 | $12,133 | $15,460 |
| Cash yield | 4.0% | 4.2% | 4.4% | 4.8% | 6.2% |
Acquisition Equity
| Down payment | ($230,000) | |||
|---|---|---|---|---|
| Title insurance | ($3,450) | |||
| Debt costs | ||||
| Acquisition fee | ($7,500) | |||
| Home Buyer Inspection | ($750) | |||
| Leasing Fee | ($3,113) | |||
| Reserves | ($3,500) | |||
| Stabilization costs | ($2,262) | |||
| Total | ($250,575) | |||
Disposition Proceeds
| Estimated sale price | $351,285 | |||
|---|---|---|---|---|
| Disposition fee | ($3,513) | |||
| Other disposition costs | ($7,026) | |||
| Year 10 mortgage balance | ($0) | |||
| Total | $340,746 | |||
