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Two-Unit Duplex with Energy Star Features
For Sale
$399,000

1062 Saint Clair St, Houston, TX 77088

New 2024 duplex offering two income units with central gas heat, central electric cooling, and Energy Star certification.

Property Size2,142 SF
Lot Size0.07 Acres
Price / SF$186.27
Days on Market48

Property Features for 1062 Saint Clair St

General Information

Standard status Active
Size 2,142 SF
Lot size 0.07 Acres
Property subtype Investment
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Year Built 2025
Stories 2
Listing Agency:
Listed By: Alec Chol · License #0660915
Source: Elliman
Added: Jun 14 Changed: Jul 10 Last Checked: Jul 31 at 12:09PM

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 Alec Chol

Investment Insights

Based on property information with market context.

1062 Saint Clair St is a newly constructed (2024) duplex designed as two separate residential units across two stories. The property totals 2,142 square feet and includes four bedrooms and four full bathrooms, with quartz countertops and vinyl flooring. A composition roof tops the building, and the interiors include washer and dryer hookups. Appliances listed include a dishwasher, disposal, microwave, and Energy Star qualified appliances. Heating is central gas with central electric cooling, and the property is Energy Star certified.

The duplex sits on a 3,124-square-foot cleared, wooded subdivision lot in Northwest Houston (Area 11), within Harris County. The home is served by Houston ISD, including Osborne Elementary, Williams Middle, and Washington High School. The property is currently occupied, and access is limited so tenants are not to be disturbed.

For buyers seeking a duplex with contemporary finishes and Energy Star features, this asset presents two currently leased units. Unit A is rented at $1,500 per month with a lease term ending in 2027, and Unit B is rented at $1,650 per month with a lease term ending in April 2027. Please plan showings accordingly due to tenant occupancy.

Key Highlights

  • New 2024‑build duplex with 2 units and 2,142 SF across two stories
  • 4 bedrooms and 4 full bathrooms total; quartz countertops and vinyl flooring
  • Central gas heat and central electric A/C; Energy Star certified

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.4k $19.80
− Vacancy −$2.3k −$1.09
EGI $40.1k $18.71
− OpEx −$12.0k −$5.61
NOI $28.1k $13.10
2,142 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$400.8K
$350.7K – $467.6K (±1% cap)
NOI $28,055 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$346.7K
$303.3K – $404.5K (±1% cap)
NOI $24,267 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$550.8K
$482.0K – $642.6K (±1% cap)
NOI $38,556 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Pharmacy Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

387
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - New 2024 duplex offering two income units with central gas heat, central electric cooling, and Energy Star certification.
Where is this duplex located?
The property is located at 1062 Saint Clair St Houston, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: New 2024‑build duplex with 2 units and 2,142 SF across two stories; 4 bedrooms and 4 full bathrooms total; quartz countertops and vinyl flooring; Central gas heat and central electric A/C; Energy Star certified
More about this property
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