Two-Story Duplex with
For Sale
$494,999
1052 North Lane A/B, Houston, TX 77088
New construction offers open living areas, fenced grounds, and a complete appliance package.
Property Size3,002 SF
Price / SF$164.89
Days on Market103
Property Features for 1052 North Lane A/B
General Information
Standard status
Active
Size
3,002 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Acres Home
Units
Unit Mix
1 x 3BR/3BA, 1 x 3BR/2.5BA
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
La Palma Realty
Listed By:
Christina Tantoco
(713) 701-7545
Source:
Thepikoffteam
Added: Jul 15
Changed: Oct 10
Last Checked: Oct 24 at 6:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of La Palma Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story duplex is under construction with completion scheduled for the last days of June 2026. The 3,002-square-foot property includes two residential units, each with three bedrooms and an open-concept layout; bathroom counts vary between the units. A carport serves the property, which is fully fenced. Interior finishes include luxury vinyl plank flooring throughout, while the kitchens are equipped with a stove/range, microwave, and dishwasher.
The property is located at 1052 North Lane A/B in Houston, Texas 77088, approximately 20 minutes from downtown. Access is available by appointment only.
The property is located at 1052 North Lane A/B in Houston, Texas 77088, approximately 20 minutes from downtown. Access is available by appointment only.
Key Highlights
- Two‑unit duplex totaling 3,002 SF
- Completion scheduled for the last days of June 2026
- Two‑story design with open‑concept layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,319
Cap Rate
7.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,380
$786.4K
Cap Rate 7%
$561,700
$561.7K
Cap Rate 9%
$436,878
$436.9K
Market Conditions
NOI Build-Up for 3,002 SF
Gross rent
$59.4K $19.80/SF
− Vacancy
−$3.3K −$1.09/SF
EGI
$56.2K $18.71/SF
− OpEx
−$16.9K −$5.61/SF
NOI
$39.3K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,380
Cap Rate 7%
$561,700
Cap Rate 9%
$436,878
Alternative Uses
Best Use
Multifamily LT 5
$561.7K
$491.5K – $655.3K
NOI $39,319 @ 7.0% cap · market cap 7.94%
Second Best
Apartment 5plus
$485.9K
$425.1K – $566.8K
NOI $34,010 @ 7.0% cap · market cap 6.87%
Theoretical Best
Office A
$771.9K
$675.5K – $900.6K
NOI $54,036 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New construction offers open living areas, fenced grounds, and a complete appliance package.
Where is this duplex located?
The property is located at 1052 North Lane A/B Houston, TX.
What is the asking price?
The asking price for this property is $494,999.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,002 SF; Completion scheduled for the last days of June 2026; Two‑story design with open‑concept layouts
