Dara Property
Buy a rental in Houston, from your phone
Houston is the fourth-largest city in the US, and its median home still costs around $230k. The rent comes from medicine, energy, and one of the country's busiest ports. Dara lets you buy that cash flow from abroad, financing, entity, and closing handled without a US footprint.
Texas is Dara's launch market, live at launch.
- No SSN needed for the loan
- Qualify on the home's rent
- Up to 70% financing, terms vary
- Typically closed remotely
Scale without coastal prices
Houston is the fourth-largest city in the United States. Its median home price is around $233,000, well below what comparable rentals cost in coastal metros. Median rent runs about $1,724 a month, which typically pencils to around 7% gross yield. That ratio is the draw: big-metro tenant depth at a mid-market entry price. You are buying population scale, not a bet on a boutique market. Figures are illustrative and confirmed per property at qualification.
Medicine, cargo, and energy
Houston's rent checks trace back to institutions that do not move. The Texas Medical Center is the largest medical complex in the world, with a payroll of clinicians, researchers, and support staff. The Port of Houston anchors one of the busiest cargo corridors in the country. Energy companies keep headquarters and engineering hubs across the metro. NASA's Johnson Space Center adds aerospace to the mix. That breadth is the point: no single sector's downturn empties the tenant pool.
Underwritten by the rent
Houston's rent-to-price math is what partner lenders underwrite. They qualify you on the home's projected rent (its DSCR), not on your US income or credit. No SSN, no US credit history, and no citizenship or residency requirement to own US real estate. Financing runs up to 70% of the property's value, with terms set per property. Dara is built to stand up the LLC, the EIN, and the US bank account. Appraisal, inspection, title, and insurance run digitally, and closing typically runs remotely. Money moves at the mid-market rate with no wire fees. You never board a plane to buy in Texas.
Price in the tax bill
Texas levies no state income tax, so property taxes carry the load. In Houston that means around 2.81% of the property's value per year, one of the higher effective rates in the country. Insurance comes second: the Gulf Coast brings hurricane and flood exposure, and premiums price it in. HOA costs are typically light, around $400 a year on this class of property. Underwrite all three lines before you commit. A Houston deal that only works before taxes and insurance is not a deal.
A city that keeps building
Houston has no conventional zoning code, and it permits new housing at volumes coastal cities do not. Supply keeps pace with demand, so prices typically climb slowly. Treat that as the deal's shape, not a flaw. You are buying Houston for cash flow (rent against a mid-market price), not for rapid appreciation. Investors who need fast equity growth often look elsewhere. Investors who want dollar income from a deep tenant base underwrite Houston exactly as it is.
Run the numbers
Estimate the return on a Houston rental
Operating costs come pre-filled for Houston. Adjust the price, rent, and down payment to match a specific home and see cash flow, cap rate, and cash-on-cash return.
Share of the purchase price paid upfront. 100% is an all-cash purchase.
Operating costs seeded from illustrative Houston assumptions: property tax 2.81% of price, insurance $1,800/yr, management 10% of income, maintenance 5% of rent, vacancy 5%. Financed scenarios model an 8.5% fixed rate over 30 years. Cash-on-cash includes 3% modeled closing costs. Illustrative; confirmed per property at qualification.
Monthly cash flow
After operating expenses
Cap rate
Cash-on-cash
Net operating income / yr
Why Dara
The same purchase, three ways.
| Dara | Traditional US bank | All cash | |
|---|---|---|---|
| US credit history | Not needed for the loan | Required | Not needed |
| SSN | Not needed for the loan | Usually required | Not needed |
| Financing | Up to 70% via partner lenders, terms vary | Case-by-case for foreign buyers | None, 100% your capital |
| Closing | Remote and digital, start to finish | In-person steps, slow paperwork | Remote, but you run it |
| Moving money | Mid-market rate in your wallet | Wire fees + FX markups | Wire fees + FX markups |
| Management | Dara manages by default, or your own manager | You find one | You find one |
Buyer stories
What buying from abroad looks like.
Illustrative scenario
Years of savings, no green card, and a US mortgage that still looked impossible. Dara maps the whole purchase before the first call.
Illustrative scenario
The LLC, the EIN, the bank account: the boring parts done in days. The buyer picks the house; Dara runs the rest.
Illustrative scenario
Rent lands in the wallet next to the money going home. One app, both directions.
Illustrative scenarios, not customer reviews. Real buyer stories land here at launch.
Houston property FAQ
How does Gulf Coast flood risk affect a Houston rental?
It shows up as a bigger insurance line, not a blocker. Houston-area properties often carry windstorm or flood coverage on top of a standard policy. Insurance runs digitally during Dara's closing process, so you see the full premium before you commit.
Why are Houston property taxes so high?
Texas funds local services through property taxes instead of a state income tax. In Houston that works out to around 2.81% of value per year. Model it as a permanent expense, not a negotiable one.
Can I finance a Houston rental with no US credit history?
Yes. Partner lenders qualify you on the home's projected rent (its DSCR) and finance up to 70% of the property's value, with terms set per property. No SSN, US credit history, or residency is required for the loan.
Is Houston's slow price growth a problem?
It defines the strategy rather than breaking it. Heavy homebuilding typically holds appreciation down, but the same supply keeps entry prices around $233,000 while metro-scale demand supports rents near $1,724 a month. You are underwriting cash flow, not resale timing.
Ready to buy a rental in Houston?
See what you qualify for in about two minutes. No credit pull.