
Houston turnkey rentals
Turnkey rental properties in Houston
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.

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
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.
On every opportunity
- Price and rent
- Shown
- Gross yield
- Shown
- Completion date
- Shown
- Lease status
- Shown
- Tax and insurance
- Shown
- Flood zone
- Shown
- Full address
- On request
- 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
Which Houston rentals have tenants right now?
What does pre-leasing mean?
Do I need to manage the property myself?
Can I see the leases before I buy?
Are turnkey returns lower than other strategies?
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.

