Houston, TX · Airbnb Development
Reed Complex
Duplex Portfolio — Investor Overview
The Opportunity
A rare infill site, priced to move.
5 mi
From downtown Houston
0.97 ac
Infill lot inside Loop 610, near Texas Medical Center
Below Market
Priced for the location
12 Units
Airbnb rental portfolio
5-Yr Hold
Investment horizon
The Site
42,118 SF, flat and ready.
- Parcel 258′ × 162′
- Address Medical Center South, TX 77051
- Lot size 42,118 SF
- Flood zone Zone X — outside flood-plain
- Utilities All available
- Subdivision 6 lots
- HOA None
The Plan
6 Buildings. 12 Units.
Duplex Layout — 1,250 sqft per building.
Development Timeline
Three phases to full build-out.
Phase 1
Land & Planning
$350K
Phase 2
Underground
$450K
Phase 3
Construction
$2.74M
This Raise
$350K to break ground on Phase 1.
100% cash, no debt — part of a $3.54M, 3-phase project.
Investment Strategy
Airbnb rental from day one.
$240
Average nightly rate
65%
Occupancy
$683K
Gross revenue / year
Returns
14%
Annual return on invested capital.
Year 1 — construction
Year 2+ — steady income
5-year hold
100% cash funded
The Site Today
A cleared, ready lot.
Existing cleared lot with mature trees — no demolition required.
The Ask
$350,000
Phase 1 · No minimum investment · Part of a $3.54M project