Off-Market and Investment Properties

Houston Investment Properties. Real Income. Local Expertise.

Explore income-producing rental portfolios and privately marketed opportunities across Greater Houston with Michael O’Neal, a broker and property investor.

Request the Portfolio Package Send Michael Your Buying Criteria Call or Text 832-797-3780

Michael O’NealBroker · REALTOR® and property investorThe Michael O’Neal Group · Keller Williams Realty Northeast832-797-3780 · [email protected]

Illustrative map of Greater Houston; it does not show any property locations.

Featured rental portfolio

A Northeast Houston single-family rental portfolio

Twelve financed single-family rental homes in the Humble, Kingwood and Atascocita areas, available together as one package: an estimated $3.30 million in market value and $21,050 a month in scheduled rent. The property list, rent roll and addresses go to qualified buyers privately.

Reference TMOG-PF-01

Available

Northeast Houston Single-Family Rental Portfolio

Homes: 12
Property type: Single-family rental homes
General areas: Humble, Kingwood and Atascocita
Region: Northeast Houston, Harris County
How it is offered: Portfolio package only

$3.30MEstimated market value

$21,050Scheduled monthly rent

$252,600Scheduled annual rent

Estimated market value of the 12 homes based on current market data, per Michael O'Neal, Oct. 26, 2026. It is not an appraisal and not the asking price. Scheduled (contract) rent, per Michael O'Neal, Oct. 26, 2026. Scheduled rent is not collected rent or net income.

Offered as one package of 12 financed single-family rentals; paid-off homes are not included. Cash purchase or portfolio loan. The full property list, rent roll and supporting information go to qualified buyers on request.

Status verified Oct. 26, 2026. Addresses and financial details are released privately, after Michael confirms current terms.

View the Portfolio Overview Request the Portfolio Package

Privately marketed opportunities

What the investor list receives

Rental portfoliosPackages of tenant-occupied homes, shared with buyers who have sent their criteria.

Distressed and as-is propertiesHomes that need work, offered before or instead of a public listing when the seller chooses privacy.

Tenant-occupied rentalsSingle homes with leases in place, with the rent roll and lease terms shared privately.

Opportunities change often and are offered subject to prior sale. Publicly listed properties are labeled as public listings and are never called off-market. Joining the list does not obligate you to buy.

Income-producing property

Rentals, small multifamily and commercial

Commercial listingsOffice, retail and industrial property, publicly listed by our commercial division.1031 replacement propertyHelp identifying and evaluating Houston property for an exchange.Private clientsDiscreet buying, selling and portfolio decisions.

1031 exchanges

Looking for Houston Replacement Properties for a 1031 Exchange?

Michael helps exchange buyers find and evaluate Houston-area property inside their deadlines. Your qualified intermediary and tax adviser handle the exchange itself: under IRS rules, replacement property must be identified within 45 days and received within 180 days, or by the due date of your return if earlier.

How it works and the 1031 criteria form · Source: IRS Form 8824 instructions

Send My 1031 Criteria

Michael’s experience as an investor

A broker who owns rentals in this market

Michael O’Neal owns rental homes and renovates property in Greater Houston, so he looks at a deal the way you do: rent against expenses, condition against price, and the exit before the entry. He leads The Michael O’Neal Group at Keller Williams Realty Northeast, which has helped 2,035 families over 13 years.

He works with investors buying a first rental, building a portfolio or selling one, and with owners who want a direct cash option. He does not promise returns. He gives you verified numbers and his read on them, and you decide.

Texas broker license #624124 (TREC record). About Michael

Run the numbers

Investor guides

How to evaluate a rental portfolioRent roll, leases, expenses, condition and financing, in the order a buyer should check them.Gross rent vs. net operating incomeWhy scheduled rent is not income, and how NOI and cap rate are figured.Buying occupied rental property in TexasLeases, deposits, estoppels and what transfers at closing.Portfolio financing questionsBlanket loans, DSCR loans, partial releases and what lenders ask for.Kingwood and Humble investment propertiesTaxes, districts and research for Northeast Houston rentals.Houston 1031 replacement propertiesDeadlines, Michael’s role and how to send your criteria.

How to evaluate an opportunity

Five things to check before you make an offer

The rent roll and the leases. Match each rent to a signed lease, its dates and the deposit held.
What was actually collected. Ask for at least twelve months of collections, not just scheduled rent.
Every operating expense. Taxes from the appraisal district, insurance quotes, HOA dues, repairs, management and vacancy.
Condition. Inspect each home; roofs, HVAC and foundations drive the budget.
Financing and title. How the purchase will be financed, and what the title commitment and any lender releases require.

Read the full guide to evaluating a rental portfolio

Investor questions

Investment property FAQs

What does off-market mean for an investment property?

Off-market means the property is marketed privately to selected buyers instead of on public listing sites. A property that is listed on the MLS, HAR.com, LoopNet or another public site is not off-market, and we never describe it that way. Privately marketed opportunities are offered subject to prior sale and to the seller's written instructions.

Can I buy one home out of the rental portfolio?

No. The portfolio is available as a package only, and individual homes are not offered separately. Paid-off homes Michael owns are not part of the package.

Does Michael represent the seller on these properties?

Michael O'Neal is a licensed Texas real estate broker (license #624124). When he or a company he owns is the seller, he says so in writing before you make an offer, as Texas rules require. You are welcome to have your own agent, attorney and CPA.

Sources: TREC license record Checked Oct. 26, 2026

Will you tell me what return I will make?

No. Michael shows the verified rent, expenses and assumptions so you can run your own numbers, and he gives you his read on them. Nobody can promise appreciation, rent growth, occupancy or a return, and the calculators on this site are for your own estimates.

Your next step

Schedule an Investment Consultation

Send Michael what you are looking for: property type, areas, budget and how you plan to pay. He will reply personally with what fits now and what to watch for.

Rental portfolios, single rentals and small multifamily across Greater Houston.
Distressed, as-is and tenant-occupied properties, often before they reach public sites.
1031 replacement property searches inside your deadlines.

Prefer to talk now? Call or text 832-797-3780, or email [email protected].

Send Michael Your Buying Criteria

Get privately marketed opportunities that fit, plus distressed, tenant-occupied and portfolio buys as they come in.

NamePreferred contact methodPhoneEmail (optional)What are you looking for?General budget (optional)Preferred areas (optional)Cash or financing (optional)When do you want to buy? (optional)Anything else (optional)