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Archived almost 6 years ago

$689,400

6+ bd ba 6744 sqft

12603 Telge Rd, Cypress, TX 77429

Residential Quadplex

Current Rent **

N/A

Projected Rent **

$6,600

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 2½ ba
  • Square Footage: 1686 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 1686 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 1686 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 4 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 1686 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

New fourplex starting construction in April, 2020

Part of Starwood Farms townhomes in Cypress, TX, this fourplex is ready to start construction in April of 2020. Large units with 1 car attached garages. Access to community swimming pool, playgrounds, and dog park. Units are "smart" with doorbell cam, smart lock, smart thermostat, and security system. Construction lender and property management in place and ready. HOA covers most insurance, all exterior maintenance, common area maintenance, water, sewer, and garbage.

Location:

12603 Telge Rd, Cypress, TX 77429

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.