Two-Story Duplex with Private
2917 Crane St A-B, Houston, TX 77026
For Sale
New
$529,900
Each residence has a three-bedroom, two-bath layout with a fenced backyard and contemporary kitchen.
Property Size2,752 SF
Days on Market3
Property Features for 2917 Crane St A-B
General Information
Standard status
Size
Property subtype
Occupancy
Lease Term
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
fully fenced backyards
private patio spaces
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License TX #0667248
(832) 524-4526
Source:
Elliman
Added: Nov 8
Last Checked: Nov 10 at 9:39AM
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 Brooks & Davis Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2023, this two-story duplex contains two matching residences. Each offers three bedrooms and two full bathrooms, with an open-plan interior, laminate flooring, ceiling fans, and a kitchen featuring an island, soft-close cabinets, and a pantry. Both homes also include a private patio and fenced backyard.
The property is fully occupied, with leases in place through July 2027. It is located in Houston, minutes from Downtown and with access to major highways.
The property is fully occupied, with leases in place through July 2027. It is located in Houston, minutes from Downtown and with access to major highways.
Key Highlights
- Two matching units, each with 3 bedrooms and 2 full bathrooms
- Built in 2023
- Two‑story building with open‑concept layouts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,045
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$720,900
$720.9K
Cap Rate 7%
$514,929
$514.9K
Cap Rate 9%
$400,500
$400.5K
Market Conditions
NOI Build-Up for 2,752 SF
Gross rent
$54.5K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$51.5K $18.71/SF
− OpEx
−$15.4K −$5.61/SF
NOI
$36.0K $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%
$720,900
Cap Rate 7%
$514,929
Cap Rate 9%
$400,500
Alternative Uses
Best Use
Multifamily LT 5
$514.9K
$450.6K – $600.8K
NOI $36,045 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$445.4K
$389.7K – $519.6K
NOI $31,178 @ 7.0% cap · market cap 5.88%
Theoretical Best
Office A
$707.7K
$619.2K – $825.6K
NOI $49,536 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 77026, TX
23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a three-bedroom, two-bath layout with a fenced backyard and contemporary kitchen.
Where is this duplex located?
The property is located at 2917 Crane St A-B Houston, TX.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Two matching units, each with 3 bedrooms and 2 full bathrooms; Built in 2023; Two‑story building with open‑concept layouts
