#1 - Bishop Arts Duplex | $289k

*coming soon*

Pro-forma

Cash to Close
(5% down + 2% cc)

$20,000

Monthly Payment
(PITI + PMI)

$1,100

Income
(owner-occupied, w/ RM)

$na

Income
(owner-occupied, w/o RM)

$1,325 - $2k

Income (moved-out)

$2,650 - $4k

YR 5 Equity Position

$79,000

Coming-soon duplex with two 1/1 units in a prime Bishop Arts pocket, where small furnished units perform extremely well and management flexibility is the real upside. Traditional rents look capped around ~$1,350, but a furnished/MTR strategy could push closer to ~$2k per unit. Low entry point + creative income-optimization opportunity.

Pro-forma

Cash to Close
(5% down + 2% cc)

$34,000

Monthly Payment
(PITI + PMI)

$4,100

Income
(owner-occupying, w/ RM)

$2,975

Income
(owner-occupying, w/o RM)

$1,775

Income (moved-out)

$3,600

YR 5 Equity Position

$162,000

Large newer duplex with 4 bed / 2.5 bath layouts per side, currently leased at $1,775 per side with one expiring soon. priced as the cheapest in its immediate comp set where similar duplexes are listed closer to $570k–$600k. Not a cash-flow play at today’s terms, but a strong “space and roommate strategy” house-hack where one or two roommates + separate unit could materially offset your payment while you ride long-term growth.

Pro-forma

Cash to Close
(5% down + 2% cc)

$42,000

Monthly Payment
(PITI + PMI)

$4,850

Income
(owner-occupied, w/ RM)

$3,500

Income
(owner-occupied, w/o RM)

$2,500-$2,700

Income (moved-out)

$5,000

YR 5 Equity Position

$163,000

High-quality, move-in-ready duplex in far North Dallas with one side already leased and the other vacant. Rent comps supporting ~$2,500+ per unit. This one leans quality and long-term tenant demand over cash flow, but it’s a strong option if you just want to sleep well at night knowing your money is parked in a proven growth pocket with endless tenant and buyer demand.

Pro-forma

Cash to Close
(5% down + 2% cc)

$46,000

Monthly Payment
(PITI + PMI)

$5,100

Income
(owner-occupied, w/ RM)

$4,500

Income
(owner-occupied, w/o RM)

$3,750

Income (moved-out)

$5,000

YR 5 Equity Position

$216,000

Rare quadplex in the NRH/Watauga pocket where multifamily almost never hits the market, assuring liquidity at resale. With rents in the $1,250–$1,300 range per unit. Higher entry price but it will carry you to a near quarter million dollar nest egg before you know it with relatively low living expenses. PRIME for a young professional with a friend room with and pay you ~$750/mo. High-quality way to control ~$4,500/mo of income in a supply-starved submarket and let time and tenants do the heavy lifting.

More Deals I Like:

107 Sewell Ave (Midlothian) - $315k for a BEATUFIL turnkey home with a guest house is rare here; just listed, this is an easy value watch in a growing pocket.

708 Seven Oaks Rd #712 (Bonham) — 2019 build duplex in the Sherman growth ripple, huge corner lot, separate driveways, price cut from $279k to $245k with one tenant already in at $1,125/mo.

300 Benjamin St (Denton) - $45k price drop to ~$405k, one side at $1,600/mo, big 3/2 units that work great for a roommate setup in a market with strong long-term growth tailwinds.

3536 Suffolk Dr (Fort Worth / TCU) - SFH + ADU with a motivated seller vibe, perfect rent-by-the-room or guest house strategy in a proven student and grad rental pocket.

6301 & 6303 Shasta Trl (Fort Worth) - Big 2/2 units at ~$1,495 rents, both vacant, oversized square footage for the price, and a strong roommate-plus-other-unit income setup in this neighborhood.

Until Tomorrow,

John

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