#1 - Granbury Duplex | $500k

Assumptions: 5% down - 2% cc - 30yr term.
Pro-forma

Cash to Close

$35,000

Monthly Payment
(PITI + PMI)

$3,632

Income
(owner-occupied, w/ RM)

$2,450

Income
(owner-occupied, w/o RM)

$1,450

Income (moved-out)

$3,000

YR 5 Equity Position

$138,000

Time and tenants will do the heavy lifting here. High-quality 2022 duplex in sprawling east Granbury, but rents appear capped around $1,450–$1,500 per unit for now, making this more of a long-term, low-headache appreciation and lifestyle play than a strong cash-flow deal at ~$500k with low-down financing. Works well as a conservative house-hack, not for aggressive income seekers.

Assumptions: 5% down - 2% cc - 30yr term.
Pro-forma

Cash to Close

$22,400

Monthly Payment
(PITI + PMI)

$2,600

Income
(owner-occupying, w/o RM)

$1,600

Income
(owner-occupying, w/ RM)

$2,400

Income (moved-out)

$3,200

YR 5 Equity Position

$89,000

~$22k all-in, about ~$760/mo net cost to live there with one side rented + roommate in your unit. Cash-flow positive once you move out w/ 2 traditional leases. Both are leased for $1600/mo currently. Fully updated units, affordable, clean & functional setup.

Assumptions: 5% down - 2% cc - 30yr term.
Pro-forma

Cash to Close

$35,000

Monthly Payment
(PITI + PMI)

$3,900

Income
(owner-occupied, w/ RM)

$2,900

Income
(owner-occupied, w/o RM)

$1,900

Income (moved-out)

$3,800

YR 5 Equity Position

$139,000

New construction in a gentrifying SE Fort Worth corridor, built for quality and long-term equity over immediate cash flow. Roughly ~$35k all-in and about ~$1,540/mo net to live there with one unit rented plus a roommate (separate living areas, two stories, and ample parking protects day to day comfort while co-living). Still slightly negative when fully rented after reserves, but the new build significantly reduces near-term maintenance and CapEx risk for the first 5+ years.

More Deals I Like:

  • 708 Seven Oaks Rd Unit 712
    2019 duplex on a large .25acre corner lot with clean finishes and separate parking, positioned for Sherman and Denison growth spillover. One unit vacant, one leased at $1,100.

  • 309–311 Lilac Dr
    Well-maintained Granbury duplex on 377 with major systems already replaced and one lease ending soon for owner-occupancy, positioned between Fort Worth/Benbrook’s westward growth and Granbury’s eastward expansion.

  • 2222 N Hickory St
    Fully updated duplex in central Sherman with strong tenant demand and aggressive growth promise. I love the dual driveways, and two full baths per unit = prime roommate option on top of separate unit income. An easy affordable option to close and let time and tenants go to work for you.

  • 419 N Frances St
    Simple SFH + ADU already producing $1,300a month-to-month lease. Flexible house-hack or hold.

  • 522 Griffith Ave
    Turnkey SFH + ADU luxury remodel (for the asset-type) with strong tenant appeal. Flexible managament options to increase yield - popular STR and traveling professional MTR setup. I know of plenty of ADU’s not as nice as this one averaging $1900/mo (utilities typically included). Flood zone risk.

Until Tomorrow,

John

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