Duplex Near Major
For Sale
$625,000
13310 Robertcrest St B, Houston, TX 77039
Duplex with six bedrooms and four baths, fully occupied.
Property Size4,148 SF
Lot Size0.17 Acres
Days on Market278
Property Features for 13310 Robertcrest St B
General Information
Standard status
Active
Size
4,148 SF
Lot size
0.17 Acres
Property subtype
Investment
Lease Term
12 months
Taxes and HOA fees
Annual Taxes
$13,139
Building Details
Building Size
4,148 SF
Year Built
2019
Stories
2
Units
2
Listed By:
Emmanuel Guerrero
(713) 517-4410
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 26
Last Checked: Sep 1 at 8:00PM
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 Emmanuel Guerrero
Investment Insights
Based on property information with market context.
This duplex is located with convenient access to I-45, the Hardy Toll Rd, and I-69. Each unit features three bedrooms and two baths. The property is currently 100% occupied and has a proven rental income. This duplex is suitable as an investment property.
Key Highlights
- Strong Rental Income: Proven history of generating income.
- 100% Occupied: Enjoy immediate cash flow.
- Convenient Location: Easy access to I‑45, Hardy Toll Rd, and I‑69.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,329
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,086,580
$1.1M
Cap Rate 7%
$776,129
$776.1K
Cap Rate 9%
$603,656
$603.7K
Market Conditions
NOI Build-Up for 4,148 SF
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.
Gross rent
$82.1K $19.80/SF
− Vacancy
−$4.5K −$1.09/SF
EGI
$77.6K $18.71/SF
− OpEx
−$23.3K −$5.61/SF
NOI
$54.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,086,580
Cap Rate 7%
$776,129
Cap Rate 9%
$603,656
Alternative Uses
Best Use
Multifamily LT 5
$776.1K
$679.1K – $905.5K
NOI $54,329 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$671.3K
$587.4K – $783.2K
NOI $46,993 @ 7.0% cap · market cap 7.52%
Theoretical Best
Office A
$1.07M
$933.3K – $1.24M
NOI $74,664 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Explore this area
Business Placement
Demographics for 77039, TX
28,740
Population
8,692
Households
3.3
Avg Household Size
30
Median Age
5%
College-Educated
58%
High-School Grad
10.1 sq mi
ZIP Area
2,846
Density / Sq Mi
$44,567
Median Household Income
$30,385
Median Earnings
$1,169
Median Rent
$148,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with six bedrooms and four baths, fully occupied.
Where is this duplex located?
The property is located at 13310 Robertcrest St B Houston, TX.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Strong Rental Income: Proven history of generating income.; 100% Occupied: Enjoy immediate cash flow.; Convenient Location: Easy access to I‑45, Hardy Toll Rd, and I‑69.
