New Construction Duplex With
8122 De Priest St Houston, TX 77088
For Sale
$499,999
New construction duplex with two 3-bedroom units, 2.5 baths each, and 1-car garages, plus included major appliances.
Property Size2,577 SF
Price / SF$194.02
Days on Market78
Property Features for 8122 De Priest St
General Information
- Standard status
- Active
- Size
- 2,577 SF
- Property subtype
- Investment
Building Details
- Year Built
- 2026
Listing Agency:
(832) 618-2954
Listed By:
Tye Norwood
(832) 618-2954
Source:
Elliman
Added: May 10
Changed: Jul 21
Last Checked: Jul 22 at 11:19AM
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 Tye Norwood
Investment Insights
Based on property information with market context.
New construction duplex offered for sale or lease featuring two separate 3-bedroom, 2.5-bath units. Unit A offers 1,303 square feet and Unit B offers 1,274 square feet, for a total of 2,577 square feet of living space. The property includes 1-car garages and is described as move-in ready. Interior finishes highlighted in the offering include high ceilings, granite surfaces, and flooring described as no carpet. Appliances to be included are listed as a new stove, range, microwave, and new dishwasher. The builder also offers a 2-10 warranty.
The offering includes walkScore, bikeScore, and transitScore values of 45, 42, and 48, respectively. No restrictions are stated in the remarks.
Each unit is configured as a spacious, residential income duplex with independent bedrooms and bath layout, paired with enclosed parking through the 1-car garage for each unit.
The offering includes walkScore, bikeScore, and transitScore values of 45, 42, and 48, respectively. No restrictions are stated in the remarks.
Each unit is configured as a spacious, residential income duplex with independent bedrooms and bath layout, paired with enclosed parking through the 1-car garage for each unit.
Key Highlights
- New construction duplex built in 2026 with two 3‑bedroom, 2.5‑bath units (Unit A and Unit B)
- Unit A: 1,303 SF; Unit B: 1,274 SF; total living area 2,577 SF
- Each unit includes a 1‑car garage
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 | $51.0k | $19.80 |
| − Vacancy | −$2.8k | −$1.09 |
| EGI | $48.2k | $18.71 |
| − OpEx | −$14.5k | −$5.61 |
| NOI | $33.8k | $13.10 |
2,577 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$482.2K
$421.9K – $562.6K
NOI $33,753 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$417.1K
$364.9K – $486.6K
NOI $29,195 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$662.7K
$579.8K – $773.1K
NOI $46,386 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New construction duplex with two 3-bedroom units, 2.5 baths each, and 1-car garages, plus included major appliances.
Where is this duplex located?
The property is located at 8122 De Priest St Houston, TX.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: New construction duplex built in 2026 with two 3‑bedroom, 2.5‑bath units (Unit A and Unit B); Unit A: 1,303 SF; Unit B: 1,274 SF; total living area 2,577 SF; Each unit includes a 1‑car garage
