New Construction
For Sale
$525,000
3433 Lydia Street, Houston, TX 77021
Each residence includes two bedrooms, two-and-a-half bathrooms, contemporary finishes, and an open living area.
Property Size2,960 SF
Price / SF$177.36
Days on Market26
Property Features for 3433 Lydia Street
General Information
Standard status
Active
Size
2,960 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$10,521
Amenities
Carpet,Laminate
Kitchen,Living Room,Utility Room,Half Bath
2
Yes
6
Washer Hookup,Electric Dryer Hookup
Appraiser
4
All Bedrooms Up,Kitchen Island,Bath in Primary Bedroom,Pantry,Tub Shower,Kitchen/Dining Combo
Other
No
Public
5000
0.1148
Fully Fenced,Paved Driveway
Slab
2960
Building Details
Building Size
2,960 SF
Year Built
2024
Stories
2
Listing Agency:
Candid Realties LLC
(713) 961-1722
Listed By:
Ty Burleson
(832) 233-3883
Source:
Garygreene
Added: Sep 14
Changed: Oct 7
Last Checked: Oct 7 at 9:52AM
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 Candid Realties LLC
Investment Insights
Based on property information with market context.
Completed in 2024, this duplex contains two residences with a combined 2,960 square feet. Each side offers two bedrooms and two-and-a-half bathrooms, along with an open living area, ample closet space, a kitchen island, pantry, dining area, utility room, and primary-bedroom bath. Stainless-steel appliances, cabinetry, laminate flooring, and carpet provide a contemporary interior finish package.
The property sits on a 0.1148-acre lot and includes a fully fenced site with a paved driveway. Washer and electric dryer hookups are provided, and each residence includes a half bath and tub-and-shower configuration.
The property sits on a 0.1148-acre lot and includes a fully fenced site with a paved driveway. Washer and electric dryer hookups are provided, and each residence includes a half bath and tub-and-shower configuration.
Key Highlights
- 2024 new construction duplex with two separate residences
- 2,960 SF total property size
- Each residence includes 2 bedrooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,769
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,380
$775.4K
Cap Rate 7%
$553,843
$553.8K
Cap Rate 9%
$430,767
$430.8K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$58.6K $19.80/SF
− Vacancy
−$3.2K −$1.09/SF
EGI
$55.4K $18.71/SF
− OpEx
−$16.6K −$5.61/SF
NOI
$38.8K $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%
$775,380
Cap Rate 7%
$553,843
Cap Rate 9%
$430,767
Alternative Uses
Best Use
Multifamily LT 5
$553.8K
$484.6K – $646.2K
NOI $38,769 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$479.1K
$419.2K – $558.9K
NOI $33,534 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$761.1K
$666.0K – $888.0K
NOI $53,280 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 77021, TX
28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
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
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes two bedrooms, two-and-a-half bathrooms, contemporary finishes, and an open living area.
Where is this duplex located?
The property is located at 3433 Lydia Street Houston, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2024 new construction duplex with two separate residences; 2,960 SF total property size; Each residence includes 2 bedrooms and 2.5 bathrooms
