Brick Duplex
For Sale
$600,000
Pending
2582 - 2598 W Tidwell Rd, Houston, TX 77091
2026 construction features durable finishes, modern cabinetry, ceiling-height tile, and expanded closet storage.
Property Size3,254 SF
Days on Market11
Property Features for 2582 - 2598 W Tidwell Rd
General Information
Standard status
Pending
Size
3,254 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$435
Building Details
Building Size
3,254 SF
Year Built
2026
Stories
2
Units
1
Listing Agency:
New Age
(713) 373-7401
Listed By:
Ashwin Kewalramani · License #0700464
(713) 373-7401
Source:
Elliman
Added: Aug 14
Changed: Aug 21
Last Checked: Aug 24 at 7:54AM
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 duplex property at 2582–2598 W Tidwell Rd in Houston combines brick exteriors with contemporary interior finishes. Luxury vinyl flooring extends throughout the residences, while European-style cabinetry brings a clean, modern look to the kitchens and baths. Designer tile reaches the ceiling, and built-out closets provide substantial organized storage. The layouts are designed with generous living areas and a practical residential configuration.
Completed in 2026, the property is positioned in a car-dependent setting with limited walkability and some transit availability. Walk Score is 14, Bike Score is 33, and Transit Score is 29.
Completed in 2026, the property is positioned in a car-dependent setting with limited walkability and some transit availability. Walk Score is 14, Bike Score is 33, and Transit Score is 29.
Key Highlights
- Duplex property with brick exterior construction
- Year built: 2026
- Luxury vinyl flooring throughout every room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,620
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$852,400
$852.4K
Cap Rate 7%
$608,857
$608.9K
Cap Rate 9%
$473,556
$473.6K
Market Conditions
NOI Build-Up for 3,254 SF
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.
Gross rent
$64.4K $19.80/SF
− Vacancy
−$3.5K −$1.09/SF
EGI
$60.9K $18.71/SF
− OpEx
−$18.3K −$5.61/SF
NOI
$42.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$852,400
Cap Rate 7%
$608,857
Cap Rate 9%
$473,556
Alternative Uses
Best Use
Multifamily LT 5
$608.9K
$532.8K – $710.3K
NOI $42,620 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$526.6K
$460.8K – $614.4K
NOI $36,865 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$836.7K
$732.2K – $976.2K
NOI $58,572 @ 7.0% cap · market cap 9.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 77091, TX
28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - 2026 construction features durable finishes, modern cabinetry, ceiling-height tile, and expanded closet storage.
Where is this duplex located?
The property is located at 2582 - 2598 W Tidwell Rd Houston, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Duplex property with brick exterior construction; Year built: 2026; Luxury vinyl flooring throughout every room
