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New Duplex Investment Opportunity
For Sale
$419,990

2120 Creston Dr A/B, Houston, TX 77088

Modern duplex with two units, ideal for house hacking.

Property Size2,000 SF
Price / SF$209
Days on Market106

Property Features for 2120 Creston Dr A/B

General Information

Standard status Active
Size 2,000 SF
Property subtype Investment

Building Details

Year Built 2026
Listing Agency: New Age
Listed By: Gabrielle Cos · License #0700464
Source: Elliman
Added: Apr 21 Changed: Jul 10 Last Checked: Aug 4 at 8:28AM

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 New Age

Investment Insights

Based on property information with market context.

This modern duplex, estimated for completion in August 2026, features a unique plan with two units. Each unit offers 2 beds and 2.5 baths, with over 1,000 square feet of living space. The interior finishes have been hand-selected by the Hillstone Homes team, providing a classic and timeless look. Each duplex has designated private driveways. The property is located on Creston Drive. The bike score is 39, indicating it is somewhat bikeable. The walk score is 37, indicating car-dependent accessibility. The transit score is 44, indicating some transit options are available. This property is an ideal plan for house hacking.

Key Highlights

  • Duplex property ideal for "house hacking" investment.
  • Two units, each with 2 beds and 2.5 baths, over 1,000 sq ft per unit.
  • Estimated completion: August 2026.

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $39.6k $19.80
− Vacancy −$2.2k −$1.09
EGI $37.4k $18.71
− OpEx −$11.2k −$5.61
NOI $26.2k $13.10
2,000 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$374.2K
$327.4K – $436.6K (±1% cap)
NOI $26,195 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$323.7K
$283.2K – $377.6K (±1% cap)
NOI $22,658 @ 7.0% cap · market cap 5.39%
Theoretical Best
Office A
$514.3K
$450.0K – $600.0K (±1% cap)
NOI $36,000 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Daycare Center Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

289
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Modern duplex with two units, ideal for house hacking.
Where is this duplex located?
The property is located at 2120 Creston Dr A/B Houston, TX.
What is the asking price?
The asking price for this property is $419,990.
What are key features of this property?
This property features: Duplex property ideal for "house hacking" investment.; Two units, each with **2 beds and 2.5 baths, over 1,000 sq ft per unit.**; Estimated completion: August 2026.
More about this property
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