For Sale
$450,000
2034 Ferguson Way, Houston, TX 77088
New construction offers two separate residences at one Houston property.
Property Size2,320 SF
Price / SF$193.97
Days on Market8
Property Features for 2034 Ferguson Way
General Information
Standard status
Active
Size
2,320 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Acres Home
Additional Details
Multifamily Units
2
Amenities
back yard
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Realm Real Estate Professionals - West Houston
Listed By:
Texas Home Shop Realty
(281) 216-6150
Source:
Texashomeshoprealty
Added: Oct 26
Changed: Nov 1
Last Checked: Nov 1 at 6:01AM
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 Realm Real Estate Professionals - West Houston
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.
This duplex is a newly constructed residential property with two separate living spaces. Construction is nearing completion, and the property is identified with a 2026 year built. Parking and a backyard are also included.
Located at 2034 Ferguson Way in Houston, the property offers a duplex configuration with outdoor space and parking.
Located at 2034 Ferguson Way in Houston, the property offers a duplex configuration with outdoor space and parking.
Key Highlights
- Newly constructed duplex with two separate residences
- Year built: 2026
- Includes parking and a backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,387
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,740
$607.7K
Cap Rate 7%
$434,100
$434.1K
Cap Rate 9%
$337,633
$337.6K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$45.9K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$43.4K $18.71/SF
− OpEx
−$13.0K −$5.61/SF
NOI
$30.4K $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%
$607,740
Cap Rate 7%
$434,100
Cap Rate 9%
$337,633
Alternative Uses
Best Use
Multifamily LT 5
$434.1K
$379.8K – $506.5K
NOI $30,387 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$375.5K
$328.6K – $438.1K
NOI $26,284 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$596.6K
$522.0K – $696.0K
NOI $41,760 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
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
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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 - New construction offers two separate residences at one Houston property.
Where is this duplex located?
The property is located at 2034 Ferguson Way Houston, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Newly constructed duplex with two separate residences; Year built: 2026; Includes parking and a backyard
