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Duplex with Private Garages

2533 Warwick Road, Houston, TX 77093

For Sale
New
$499,990

Two residences feature separate entrances, garages, and individual backyard space.

Property Size3,200 SF
Price / SF$156.25
Days on Market2

Property Features for 2533 Warwick Road

General Information

Standard status Active
Size 3,200 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,184

Amenities

Plank,Tile,Vinyl
Yes
3
Washer Hookup,Dryer Hookup
Builder
Quartz Counters
Other
7020
More than Two
Appraiser
Garage,Garage Door Opener,Paved
Private Entrance
3200

Building Details

Building Size 3,200 SF
Year Built 2026
Buildings 1
Stories 2
Listing Agency: New Age
Listed By: Ashwin Kewalramani · License TX #0700464
Source: Garygreene
Added: Nov 8 Last Checked: Nov 8 at 4:36PM

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

Rey
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Investment Insights

Based on property information with market context.

Built in 2026, this 3,200-square-foot duplex contains two residences, each with its own entrance and garage. The interior design includes 20-foot ceilings at the entry, a full-height paneled foyer wall, modern railings, and vinyl flooring. The kitchen combines European-style cabinetry with Taj Mahal–style countertops.

White siding, gabled rooflines, and wood-tone garage doors define the exterior. Each residence also has a private backyard, adding outdoor space to the individual living areas.

Key Highlights

  • Two residences, each with a separate entrance and individual garage
  • 3,200‑square‑foot duplex built in 2026
  • 20‑foot ceilings at the entry and a full‑height paneled foyer wall

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$41,913
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$838,260 $838.3K
Cap Rate 7%
$598,757 $598.8K
Cap Rate 9%
$465,700 $465.7K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$63.4K $19.80/SF
− Vacancy
−$3.5K −$1.09/SF
EGI
$59.9K $18.71/SF
− OpEx
−$18.0K −$5.61/SF
NOI
$41.9K $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%
$838,260
Cap Rate 7%
$598,757
Cap Rate 9%
$465,700

Alternative Uses

Best Use
Multifamily LT 5
$598.8K
$523.9K – $698.6K (±1% cap)
NOI $41,913 @ 7.0% cap · market cap 8.38%
Second Best
Apartment 5plus
$517.9K
$453.2K – $604.2K (±1% cap)
NOI $36,253 @ 7.0% cap · market cap 7.25%
Theoretical Best
Office A
$822.9K
$720.0K – $960.0K (±1% cap)
NOI $57,600 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

Demographics for 77093, TX

47,736
Population
14,671
Households
3.3
Avg Household Size
31
Median Age
5%
College-Educated
51%
High-School Grad
12.0 sq mi
ZIP Area
3,978
Density / Sq Mi
$41,958
Median Household Income
$28,493
Median Earnings
$1,102
Median Rent
$122,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Houston, TX

$199 Jul
$190 Aug
$184 Sep
$186 Oct

Properties on Market for Duplexes in Houston

Jul
Aug
Sep
Oct

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 residences feature separate entrances, garages, and individual backyard space.
Where is this duplex located?
The property is located at 2533 Warwick Road Houston, TX.
What is the asking price?
The asking price for this property is $499,990.
What are key features of this property?
This property features: Two residences, each with a separate entrance and individual garage; 3,200‑square‑foot duplex built in 2026; 20‑foot ceilings at the entry and a full‑height paneled foyer wall
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