New construction investments in Houston

A delivery date tells you when you can expect the keys, not when rent starts. Weather, permitting, inspections and subcontractor scheduling all affect it. Ask the builder what has to happen between today and delivery.

Marques keeps that conversation open with the builder and passes along changes as he hears them. He will not promise a date a builder has not committed to.

Four of the eight properties are pre-leasing, which means the owner is lining up tenants before the build is done. Two are taking tenant applications. Two are already leased.

Pre-leasing lowers your vacancy risk after delivery, but a pre-lease is not income yet. Confirm the lease terms and the start dates in the pro formas you request.

Marques works with builders on lots, duplex construction and finished inventory. For you, that relationship is the source of early access, and it is how construction status comes straight from the people building.

If you want to see the supply side, read about builder lot acquisition and the Houston builder lot guide. Builders who want a qualified buyer pool can start on the builders page.

New construction carries its own risks. Completion can slip, the first lease can take longer than planned and the appraisal can come in below the contract price. None of these is a reason to avoid the asset, but each belongs in your plan.

Marques walks through them with you before you request a pro forma. He would rather you decline a deal that does not fit than close one that strains your capital.

The eight properties are priced from $440,000 to $2,130,000 and estimated to rent for $4,730 to $21,675 a month in total. Estimated tax rates are 0.00% to 2.13%, and estimated insurance is $0 to $231 a month.

All figures come from sellers and builders, are not guaranteed and may change. Verify them with your own advisors before you buy. To go deeper on the asset itself, see duplexes for sale in Houston.