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Marques Freeman
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Houston turnkey rentals

Turnkey rental properties in Houston

Income from day one, or close to it. Marques Freeman lists lease status on every Houston rental so you know what is already in place.

Overview

A turnkey rental is ready to earn at or shortly after closing. Construction is done, the unit can be occupied and either tenants are in place or applications are underway.

This is the right page if you want a rental without a renovation, and you would rather buy the lease status than take on the leasing risk yourself.

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What turnkey means here

On this site, turnkey describes a property with construction complete and a clear path to rent. That can mean a signed lease, applications under review or leasing that begins as the build finishes.

It does not mean risk free. Tenants can leave, and rent can differ from what a seller estimates. Treat lease status as information and verify it.

Lease status across the portfolio

Segrest Duplex I has both units leased, with Unit A leased through October 2027 and Unit B through November 2028. It is under contract.

Two other duplexes are taking tenant applications. Four more are pre-leasing ahead of completion. This page puts leased and application-stage properties first so you can compare them quickly.

Questions to ask about a tenant in place

A lease is a contract, and you should read it. Marques provides rent rolls and lease end dates, and you should confirm the deposit, the rent amount and what the landlord is responsible for.

  • When does each lease end, and what happens at renewal?
  • Is the tenant current on rent?
  • Who holds the security deposit, and how is it transferred?
  • What does the lease say about repairs and access?

Property management in Houston

Most remote investors hire a property manager. Marques can introduce managers who handle leasing, rent collection and maintenance. Ask about fees, how they screen tenants and how often they report to owners.

Management cost belongs in your underwriting. Add it to taxes, insurance, maintenance and vacancy in the rental property calculator before you compare deals.

Also ask how the manager handles a vacancy, who approves repairs above a set amount and how quickly rent reaches your account. Those answers show you how the property will feel to own.

Verifying income before you close

Ask for the signed lease, the application status and the rent amount in writing. For a property still pre-leasing, ask how the leasing is being marketed and what rent the owner expects.

Marques passes along the figures sellers and builders provide, and labels them as estimates. Confirm them yourself, and have your own advisors review the property before you close. That step protects your return more than any single number on a card.

Turnkey and the rest of your plan

Turnkey properties work for investors building a rental base and for buyers who want income without hands-on work. See turnkey investment properties in Texas and Florida for the broader service, or the buyers page if you are buying with your own occupancy in mind.

Compare this with new construction investments in Houston if you are willing to wait on delivery for a different entry point.

Exclusive to Marques Freeman

Leased and application-stage Houston rentals

These Houston properties are exclusive to Marques Freeman. They are off-market, so you will not find them on the MLS. Listed with the leased duplex first, then those taking tenant applications, then those pre-leasing ahead of delivery.

Private deal list

The next opportunity reaches the private deal list before it is published here.

Share your capital, markets and timeline once. Off-market and new construction opportunities that fit arrive first, with the full address and pro forma on request.

Always shown

  • Price and rent
  • Gross yield
  • Completion date
  • Lease status
  • Tax and insurance
  • Flood zone

On request

  • Full address
  • Pro forma

Investment disclaimer. All figures are estimates supplied by sellers and builders, are not guaranteed and may change without notice. Nothing on this site is financial, tax or legal advice. Buyers should independently verify all information before purchasing.

Questions

Frequently asked

Straight answers for investors weighing this market.

Which Houston rentals have tenants right now?

Segrest Duplex I has both units leased and is under contract. Two others are taking applications, so tenants are not yet signed.

What does pre-leasing mean?

The owner is marketing the units for rent before the build is complete, so a tenant can be lined up for the delivery date. A pre-lease is not income until the lease begins.

Do I need to manage the property myself?

No. Many owners hire a property manager. Marques can introduce managers, and you should compare their fees and reporting before you sign.

Can I see the leases before I buy?

Qualified investors can request lease status, rent rolls and lease end dates along with the address and pro forma.

Are turnkey returns lower than other strategies?

Not by default. Turnkey trades some upside for speed and certainty. Compare a property's gross yield and net numbers with your own targets.

Private deal list

Get first look at the next off-market opportunity

Join the private deal list. New construction and off-market opportunities across Houston and Central Florida reach the list before they are shared anywhere else, with the numbers up front and the full address and pro forma on request.

Addresses and pro formas are shared privately, never broadcast.

Security check

Discreet by design: your details are used only to respond to you and are never sold or shared.

Schedule a private consultation

Every inquiry is followed up on personally.