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Contemporary Duplex with Luxury Finishes
New
For Sale
$539,999

4630 Larkspur St, Houston, TX 77051

New-construction duplex built in 2026 with soaring ceilings, dramatic windows, and quartz countertops in each residence.

Days on Market3

Property Features for 4630 Larkspur St

General Information

Standard status Active
Property subtype Investment

Additional Details

Highway Access Yes

Building Details

Building Size 2,721 SF
Year Built 2026
Construction contemporary
Tenancy Multi
Listing Agency:
Listed By: Dedria Tomlinson
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 8:21AM

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 Dedria Tomlinson

Investment Insights

Based on property information with market context.

New-construction contemporary duplex built in 2026 designed for comfortable two-home living. Each residence features soaring ceilings, dramatic windows, abundant natural light, and custom ceiling-height cabinetry. Kitchens and common living areas include quartz countertops, a waterfall island with designer fluted detailing, luxury vinyl plank flooring, premium lighting, and high-end fixtures.

The property is located at 4630 Larkspur St in Houston, with convenient access to Downtown Houston, the Texas Medical Center, University of Houston, NRG Stadium, Hermann Park, and major freeways. BikeScore is 53 (Bikeable), walkScore is 60 (Somewhat Walkable), and transitScore is 45 (Some Transit).

This duplex layout provides a practical option for owner-occupants or investors looking to purchase a brand-new, two-residence property.

Key Highlights

  • Duplex constructed in 2026
  • Soaring ceilings and dramatic windows in each residence
  • Quartz countertops and a waterfall island with designer fluted detailing

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 $53.9k $19.80
− Vacancy −$3.0k −$1.09
EGI $50.9k $18.71
− OpEx −$15.3k −$5.61
NOI $35.6k $13.10
2,721 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$509.1K
$445.5K – $594.0K (±1% cap)
NOI $35,639 @ 7.0% cap · market cap 6.60%
Second Best
Apartment 5plus
$440.4K
$385.3K – $513.8K (±1% cap)
NOI $30,827 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$699.7K
$612.2K – $816.3K (±1% cap)
NOI $48,978 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Skin Care Clinic Electrical Service 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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

538
Businesses Nearby

Demographics for 77051, TX

18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - New-construction duplex built in 2026 with soaring ceilings, dramatic windows, and quartz countertops in each residence.
Where is this duplex located?
The property is located at 4630 Larkspur St Houston, TX.
What is the asking price?
The asking price for this property is $539,999.
What are key features of this property?
This property features: Duplex constructed in 2026; Soaring ceilings and dramatic windows in each residence; Quartz countertops and a waterfall island with designer fluted detailing
More about this property
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