2-Unit Duplex in Gated
For Sale
$498,000
2025 Oak Forest Dr A-B, Houston, TX 77018
Two homes offer separate bedroom and bathroom configurations, plus garage and covered parking.
Property Size2,006 SF
Days on Market16
Property Features for 2025 Oak Forest Dr A-B
General Information
Standard status
Active
Size
2,006 SF
Property subtype
Investment
Site & Location
Neighborhood
Central Northwest
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
gated community
green space
Building Details
Building Size
2,006 SF
Year Built
2025
Buildings
1
Stories
3
Units
2
Listing Agency:
Walzel Properties - Corporate Office
Listed By:
Tina Vu
(832) 732-9772
Source:
Elliman
Added: Oct 11
Changed: Oct 25
Last Checked: Oct 24 at 7:39PM
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 Walzel Properties - Corporate Office
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Under construction at 2025 Oak Forest Dr A-B in Houston, this 2025 duplex contains two units: one with 2 bedrooms and 2 bathrooms, and another with 1 bedroom and 1 bathroom. The property includes a garage, covered parking, and a backyard. Interior features include 10-foot ceilings, island kitchens, quartz counters, plank flooring, and tiled bathrooms; the flooring is carpet-free. A full appliance package, blinds, remote garage access, and ceiling fans are also included.
The property is in a gated community with green space. Its listed location is in Independent Heights, near Garden Oaks. WalkScore is 72, BikeScore is 52, and TransitScore is 40.
The property is in a gated community with green space. Its listed location is in Independent Heights, near Garden Oaks. WalkScore is 72, BikeScore is 52, and TransitScore is 40.
Key Highlights
- Two‑unit configuration: one 2‑bedroom/2‑bathroom unit and one 1‑bedroom/1‑bathroom unit
- Under construction; YearBuilt 2025
- Garage, covered parking, and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,274
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$525,480
$525.5K
Cap Rate 7%
$375,343
$375.3K
Cap Rate 9%
$291,933
$291.9K
Market Conditions
NOI Build-Up for 2,006 SF
Gross rent
$39.7K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$37.5K $18.71/SF
− OpEx
−$11.3K −$5.61/SF
NOI
$26.3K $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 Rate 5%
$525,480
Cap Rate 7%
$375,343
Cap Rate 9%
$291,933
Alternative Uses
Best Use
Multifamily LT 5
$375.3K
$328.4K – $437.9K
NOI $26,274 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$324.7K
$284.1K – $378.8K
NOI $22,726 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$515.8K
$451.4K – $601.8K
NOI $36,108 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,431
Businesses Nearby
Explore this area
Business Placement
Demographics for 77018, TX
27,870
Population
13,335
Households
2.1
Avg Household Size
38
Median Age
60%
College-Educated
92%
High-School Grad
6.8 sq mi
ZIP Area
4,099
Density / Sq Mi
$121,658
Median Household Income
$75,487
Median Earnings
$1,256
Median Rent
$543,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two homes offer separate bedroom and bathroom configurations, plus garage and covered parking.
Where is this duplex located?
The property is located at 2025 Oak Forest Dr A-B Houston, TX.
What is the asking price?
The asking price for this property is $498,000.
What are key features of this property?
This property features: Two‑unit configuration: one 2‑bedroom/2‑bathroom unit and one 1‑bedroom/1‑bathroom unit; Under construction; YearBuilt 2025; Garage, covered parking, and backyard
