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New Construction Duplex
For Sale
$397,850

2022 Hampton Street A B, Houston, TX 77088

Two-story residences offer private yards, modern finishes, and open layouts near Oak Forest and The Heights.

Property Size2,656 SF
Price / SF$149.79
Days on Market227

Property Features for 2022 Hampton Street A B

General Information

Standard status Active
Size 2,656 SF
Property subtype Multi-Family

Site & Location

Neighborhood Acres Home
Highway Access Yes

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,226

Amenities

Plank,Tile,Vinyl
Yes
3
Low-Emissivity Windows
Washer Hookup,Dryer Hookup
Builder
Granite Counters,Quartz Counters,Ceiling Fan(s)
Partial
Cleared,Near Public Transit
Insulated Doors
3720
Two
30x124
Appraiser
Paved
2656

Building Details

Building Size 2,656 SF
Year Built 2026
Buildings 1
Stories 2
Listing Agency: eXp Realty, LLC
Listed By: Marian Agbatah
Source: Garygreene
Added: Mar 14 Changed: Oct 25 Last Checked: Oct 24 at 3:04PM

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 eXp Realty, LLC

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Investment Insights

Based on property information with market context.

This 2,656-square-foot duplex contains two separate two-story residences, each with three bedrooms and 2.5 baths. Open-concept interiors connect the kitchens with the main living areas, while plank, tile, and vinyl flooring provide consistent, practical finishes. Kitchens include granite or quartz countertops and stainless steel appliances. Each unit also has a private yard, an upstairs primary suite with an en-suite bath and large closet, low-emissivity windows, and washer and dryer hookups.

Built in 2026, the property sits on a 3,720-square-foot lot measuring 30x124. Its Houston location is near Oak Forest and The Heights, with access to public transit and major routes including 610 and I-45. The two-unit configuration supports an owner-occupant arrangement with a separate residence or a conventional rental strategy, as described in the property information.

Key Highlights

  • Two‑unit duplex with 2,656 SF of building area
  • Each unit offers 3 bedrooms and 2.5 baths across two stories
  • Built in 2026 on a 3,720‑square‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,787
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,740 $695.7K
Cap Rate 7%
$496,957 $497.0K
Cap Rate 9%
$386,522 $386.5K
Market Conditions
NOI Build-Up for 2,656 SF
Gross rent
$52.6K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$49.7K $18.71/SF
− OpEx
−$14.9K −$5.61/SF
NOI
$34.8K $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%
$695,740
Cap Rate 7%
$496,957
Cap Rate 9%
$386,522

Alternative Uses

Best Use
Multifamily LT 5
$497.0K
$434.8K – $579.8K (±1% cap)
NOI $34,787 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$429.9K
$376.1K – $501.5K (±1% cap)
NOI $30,090 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$683.0K
$597.6K – $796.8K (±1% cap)
NOI $47,808 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

211
Businesses Nearby

Demographics for 77088, TX

54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-story residences offer private yards, modern finishes, and open layouts near Oak Forest and The Heights.
Where is this duplex located?
The property is located at 2022 Hampton Street A B Houston, TX.
What is the asking price?
The asking price for this property is $397,850.
What are key features of this property?
This property features: Two‑unit duplex with 2,656 SF of building area; Each unit offers 3 bedrooms and 2.5 baths across two stories; Built in 2026 on a 3,720‑square‑foot lot
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