Duplex with Open-Concept
For Sale
$479,900
1062 A/B Junell Street, Houston, TX 77088
Construction is underway on two residential units featuring granite countertops and dedicated parking.
Property Size3,000 SF
Days on Market19
Property Features for 1062 A/B Junell Street
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Acres Home
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,059
Amenities
dedicated parking
Building Details
Building Size
3,000 SF
Year Built
2026
Buildings
1
Listing Agency:
White House Global Properties
Listed By:
Alberto Escobedo
(832) 298-6432
Source:
Mpowerrealtygroup
Added: Oct 8
Changed: Oct 20
Last Checked: Oct 24 at 10:20PM
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 White House Global Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is under construction, with completion planned for 2026. Each of its two units is designed with an open-concept layout, a spacious kitchen, granite countertops and dedicated parking.
The property is not available for tours while construction is active. Final size, materials and colors may vary.
The property is not available for tours while construction is active. Final size, materials and colors may vary.
Key Highlights
- Two‑unit duplex under construction, with a 2026 year built
- Open‑concept layout in each unit
- Granite countertops and spacious kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,293
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
$785.9K
Cap Rate 7%
$561,329
$561.3K
Cap Rate 9%
$436,589
$436.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$59.4K $19.80/SF
− Vacancy
−$3.3K −$1.09/SF
EGI
$56.1K $18.71/SF
− OpEx
−$16.8K −$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%
$785,860
Cap Rate 7%
$561,329
Cap Rate 9%
$436,589
Alternative Uses
Best Use
Multifamily LT 5
$561.3K
$491.2K – $654.9K
NOI $39,293 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$485.5K
$424.8K – $566.5K
NOI $33,987 @ 7.0% cap · market cap 7.08%
Theoretical Best
Office A
$771.4K
$675.0K – $900.0K
NOI $54,000 @ 7.0% cap · market cap 11.25%
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 - Construction is underway on two residential units featuring granite countertops and dedicated parking.
Where is this duplex located?
The property is located at 1062 A/B Junell Street Houston, TX.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Two‑unit duplex under construction, with a 2026 year built; Open‑concept layout in each unit; Granite countertops and spacious kitchens
