Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    317-319 E B St La Porte, TX 77571

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $338,400

    Upgraded duplex on a spacious lot with development potential.

    Lot size:
    0.18 Acres

    Property Features for 317-319 E B St

    General Information

    Property type
    Investment
    Standard status
    Active
    Lot size
    0.18 Acres

    Building Details

    Year built
    1932

    We can help!

    Listing Contact
    Jamie Derouen
    Source: Elliman

    Listing Agent: Jamie Derouen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Duplex in La Porte

    This turnkey duplex in La Porte features upgrades appealing to both buyers and investors. Situated on a 7,750 sq ft corner lot, the property includes two functional 2-bedroom, 1-bath units, each with separate meters. The property offers oversized yard space and future development potential. Major improvements completed in 2023 include two water heaters and two HVAC systems, along with new plumbing and electrical systems, updated duct work, and new windows. The kitchens have been remodeled with quartz and granite counters, new cabinetry, and new stainless steel appliances. Plumbing is in place for stackable washer and dryer units. The layouts are designed for rental income, multi-generational living, or owner-occupancy with added income potential. The location is near La Porte Elementary, La Porte Junior High, La Porte High, 5-Points Park & Community Center, Sylvan Beach, local dining options, major ports, and key employment centers, within an established residential setting.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Grocery & Convenience Store Building Supply Department Store Hotel & Motel Big Box & Wholesale Store Auto Repair Shop Barber Shop HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Porte
    County
    Harris
    State
    Texas
    Longitude
    -95.0483
    Latitude
    29.6785

    Nearby Similar for Sale

    • $930,000

      Renovated Office Building Near Highway

      Recently renovated office building near Houston Ship Channel - Industrial Hub.
      903 S 8Th St, La Porte, TX 77571
      View Details
    • $3,295,000
      2,560 SF

      Equestrian Estate on 15 Acres

      Premier equestrian estate with luxury home and professional-grade amenities.
      10431 N P St, La Porte, TX 77571
      View Details
    • $164,999

      La Porte Townhome with Updates

      Well-maintained 2-bedroom townhome in La Porte, move-in ready.
      8300 Oakhaven Rd, La Porte, TX 77571
      View Details
    • Contact for pricing
      5,040 SF

      La Porte Office/Retail Complex

      Free-standing office/retail complex in downtown La Porte, Texas.
      110 N Broadway St, La Porte, TX
      View Details
    • $765,000
      9,800 SF

      La Porte Retail Storefront

      High-traffic, 9,800 SF retail building
      8380 Spencer Hwy, La Porte, TX 77571
      View Details
    • $545,000
      3,000 SF

      Updated Auto Shop For Sale

      Recently updated auto shop with new paint booth and lift.
      1307 W Main St, La Porte, TX
      View Details
    • $930,000
      6,000 SF

      Prime La Porte Office Building

      6,000 SF Office, $930K, Vacant
      903 8Th St, La Porte, TX 77571
      View Details
    • $799,000
      1,000 SF

      La Porte Office/Retail Complex

      Downtown La Porte, TX - 5,040 SF
      110 Broadway St, La Porte, TX 77571
      View Details
    • $930,000
      6,000 SF

      La Porte Office Building For Sale

      6,000 SF office building available in La Porte, TX.
      903 S 8Th St, La Porte, TX
      View Details
    • $550,000
      8,017 SF

      La Porte Convenience Store Investment

      High-Yield Retail Property, Texas
      1220 Broadway St, La Porte, TX 77571
      View Details
    • Contact for pricing
      9,520 SF

      Two-Building Office Warehouse Property

      Two-building office warehouse totaling 9,520 SF, available for sale.
      520-532 N 8Th Ave, La Porte, TX
      View Details
    • Contact for pricing
      15,124 SF

      La Porte Industrial Manufacturing Facility

      15,124 SF Manufacturing Building - Texas
      301 Main St, La Porte, TX 77571
      View Details

    FAQs

    What type of property is this?
    Duplex - Upgraded duplex on a spacious lot with development potential.
    Where is this duplex located?
    The property is located at 317-319 E B St La Porte, TX.
    What is the asking price?
    The asking price for this property is $338,400.
    What are key features of this property?
    This property features: - Completely renovated duplex with new HVAC, plumbing, electrical, windows, and ductwork.; - Two updated 2-bedroom, 1-bath units with separate meters.; - Modern kitchens feature quartz and granite counters, new cabinetry, and stainless steel appliances.
    (832) 529-2983
    Request Owner's contact information
    317-319 E B St La Porte, TX 77571
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    317-319 E B St
    La Porte, TX 77571
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    317-319 E B St La Porte, TX 77571
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jamie Derouen
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!