Duplex Homes with Automated Entry
For Sale
$429,000
13505 Orleans Street, Houston, TX 77015
Newly constructed duplex with fenced yards, automated entrance gate, high ceilings, and zoned high-efficiency HVAC systems.
Property Size2,815 SF
Price / SF$152.40
Days on Market95
Property Features for 13505 Orleans Street
General Information
Standard status
Active
Size
2,815 SF
Total Parking Spaces
10
Property subtype
Multi-Family
Site & Location
Neighborhood
Cimarron Civic Association
Taxes and HOA fees
Annual Taxes
$6,867
Amenities
canopy
automated entrance gate
high ceilings
stainless steel appliances
quartz/granite countertops
walk-in pantry
custom carpentry
vinyl plank flooring and tile
rear utility room
high efficiency zoned HVAC systems
first floor primary bedroom
Plank,Tile,Vinyl
Game Room,Kitchen,Living Room,Office,Utility Room,Half Bath
1
Yes
3
6
Low-Emissivity Windows,Window Coverings
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Owner
Electric,Free Standing
Bedroom on Main Level,Crown Molding,Full Bath on Main Level,Granite Counters,High Ceilings,Kitchen Island,Kitchen/Family Room Combo,Bath in Primary Bedroom,Multiple Primary Suites,Pantry,Self-closing Cabinet Doors,Self-closing Drawers,Separate Shower,Tub Shower,Upper Level Primary,Walk-In Pantry,Window Treatments,Ceiling Fan(s),Kitchen/Dining Combo,Living/Dining Room,Programmable Thermostat
Back Yard
Subdivision
No
Public
Insulated Doors
8400
60x140
0.1928
Appraiser
Additional Parking,Attached,Detached Carport,Driveway,Electric Gate,Garage,Garage Door Opener,Workshop in Garage
Asphalt
Covered Patio,Fully Fenced,Fence,Porch,Patio
Pillar/Post/Pier,Slab
2815
Building Details
Building Size
2,815 SF
Year Built
2024
Buildings
2
Stories
2
Listing Agency:
ABL Real Estate Services
(281) 486-1900
Listed By:
Kim Carlisle
(281) 802-4401
Source:
Garygreene
Added: Jul 24
Changed: Oct 25
Last Checked: Oct 24 at 1:58PM
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 ABL Real Estate Services
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Investment Insights
Based on property information with market context.
Newly constructed duplex featuring two detached single-family-style homes on one property. Each home offers 3 bedrooms and a total of 2 1/2 baths. Interiors include high ceilings, a customized floor plan, stainless steel appliances, quartz/granite countertops, and a walk-in pantry, with vinyl plank flooring and tile throughout. One home includes a first-floor primary bedroom. Additional conveniences include a rear utility room with space for 2 washers/dryers, programmable thermostat, and ceiling fans. The exterior is fully fenced with an automated entrance gate for added security, plus covered outdoor space including a covered patio and porch/patio areas.
The property sits on an extra-large lot with a 60x140 footprint and 0.1928 acres total, with a canopy at the front for outdoor comfort. Parking is plentiful with space for 8 cars outside and a 2-car garage, along with driveway and attached/detached carport elements. Foundation is slab with pillar/post/pier.
Built in 2024, this configuration can support owner-occupancy, renting, or a combination of both.
The property sits on an extra-large lot with a 60x140 footprint and 0.1928 acres total, with a canopy at the front for outdoor comfort. Parking is plentiful with space for 8 cars outside and a 2-car garage, along with driveway and attached/detached carport elements. Foundation is slab with pillar/post/pier.
Built in 2024, this configuration can support owner-occupancy, renting, or a combination of both.
Key Highlights
- Two detached homes, each with 3 bedrooms and 2 1/2 baths
- Fully fenced property with automated entrance gate
- High‑efficiency zoned HVAC systems and high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,870
Cap Rate
8.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,400
$737.4K
Cap Rate 7%
$526,714
$526.7K
Cap Rate 9%
$409,667
$409.7K
Market Conditions
NOI Build-Up for 2,815 SF
Gross rent
$55.7K $19.80/SF
− Vacancy
−$3.1K −$1.09/SF
EGI
$52.7K $18.71/SF
− OpEx
−$15.8K −$5.61/SF
NOI
$36.9K $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 Rate 5%
$737,400
Cap Rate 7%
$526,714
Cap Rate 9%
$409,667
Alternative Uses
Best Use
Multifamily LT 5
$526.7K
$460.9K – $614.5K
NOI $36,870 @ 7.0% cap · market cap 8.59%
Second Best
Apartment 5plus
$455.6K
$398.7K – $531.5K
NOI $31,892 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$723.9K
$633.4K – $844.5K
NOI $50,670 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Explore this area
Business Placement
Demographics for 77015, TX
57,106
Population
19,961
Households
2.9
Avg Household Size
31
Median Age
11%
College-Educated
70%
High-School Grad
20.7 sq mi
ZIP Area
2,759
Density / Sq Mi
$57,324
Median Household Income
$34,477
Median Earnings
$1,169
Median Rent
$164,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Newly constructed duplex with fenced yards, automated entrance gate, high ceilings, and zoned high-efficiency HVAC systems.
Where is this duplex located?
The property is located at 13505 Orleans Street Houston, TX.
What is the asking price?
The asking price for this property is $429,000.
What are key features of this property?
This property features: Two detached homes, each with 3 bedrooms and 2 1/2 baths; Fully fenced property with automated entrance gate; High‑efficiency zoned HVAC systems and high ceilings
