Share This Listing

Message

957 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Executive Summary

Prime investment opportunity in the Houston MSA with positive cash flow on newly built Class-A duplexes at River Ranch in Dayton, Texas. These luxury properties are located in a highly sought-after master-planned community. that offers resort-style living with world-class amenities, including Angel Lagoon, a swim-up bar, rentable cabanas, on-site restaurants and food trucks, and a fitness and recreational center. This turnkey duplex features two spacious 1,596 SF, 3-bed/2.5-bath units with 2-car garages, fenced yards, and covered patios. Interiors boast granite countertops, tile backsplash, LVT flooring, and recessed lighting. Unit B is already leased to a long-term tenant at $2,515/mo. Located 40 minutes from Downtown Houston, 7 miles from US90 and 99, and 25 minutes from Houston Methodist Baytown, the community benefits from strong tenant demand driven by good schools, major healthcare (Eli Lilly building 6.5B facility), and retail. Ask about 4.25% financing through the preferred lender.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $76,826 $24.07
Other Income $2,452 $0.77
Vacancy Loss $2,378 $0.75
Effective Gross Income $76,899 $24.09
Taxes $20,996 $6.58
Operating Expenses $12,827 $4.02
Total Expenses $33,824 $10.60
Net Operating Income $43,076 $13.49

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $76,826
Annual Per SF $24.07
Other Income (CAD)
Annual $2,452
Annual Per SF $0.77
Vacancy Loss (CAD)
Annual $2,378
Annual Per SF $0.75
Effective Gross Income (CAD)
Annual $76,899
Annual Per SF $24.09
Taxes (CAD)
Annual $20,996
Annual Per SF $6.58
Operating Expenses (CAD)
Annual $12,827
Annual Per SF $4.02
Total Expenses (CAD)
Annual $33,824
Annual Per SF $10.60
Net Operating Income (CAD)
Annual $43,076
Annual Per SF $13.49

Property Facts

Price $815,934 CAD
Price Per Unit $407,967 CAD
Sale Type Investment
Cap Rate 5.28%
Gross Rent Multiplier 10.66
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 0.17 AC
Building Size 3,192 SF
Average Occupancy 50%
No. Stories 2
Year Built 2025
Parking Ratio 1.25/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 2 $3,201 CAD 1,650
Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
000805-000019-000
Land Assessment
$18,906 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$18,906 CAD (2025)
Annual Taxes
$20,996 CAD ($6.58 CAD/SF)
Tax Year
2026
  • Listing ID: 39694672

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 1805 N Peach Creek Dr, Dayton, TX 77535

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}