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Contemporary Duplex with Open Layout
For Sale
$350,000
Pending

305 Bolden Street, Houston, TX 77029

Two-story configuration includes a first-floor bedroom and full bathroom in each unit.

Property Size2,300 SF
Days on Market75

Property Features for 305 Bolden Street

General Information

Standard status Pending
Size 2,300 SF
Property subtype Multi-Family

Site & Location

Neighborhood Clinton Park Tri-Community
Highway Access Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,193

Amenities

Yes
2
3
txbrokers@lptrealty.com
Builder
Cleared
2500
25x100
Survey
2300

Building Details

Building Size 2,300 SF
Year Built 2026
Stories 2
Listing Agency: Metro Prime Realty
Listed By: Miranda Maddox
Source: Garygreene
Added: Aug 13 Changed: Oct 25 Last Checked: Oct 24 at 2:52PM

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 Metro Prime Realty

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Investment Insights

Based on property information with market context.

Built in 2026, this duplex features a contemporary two-story design with open-concept living, dining, and kitchen areas in each unit. The layout places one bedroom and a full bathroom on the first floor, while additional bedrooms are located upstairs for added separation between shared and private spaces.

The property is located at 305 Bolden St in Houston, minutes from major highways and Houston’s industrial and downtown corridors. Transportation scores include a Walk Score of 23, a Bike Score of 30, and a Transit Score of 24, reflecting a car-dependent setting with limited transit and moderate bike access.

Key Highlights

  • Duplex built in 2026
  • Open‑concept living, dining, and kitchen areas in each unit
  • Each unit includes a first‑floor bedroom and full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,125
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$602,500 $602.5K
Cap Rate 7%
$430,357 $430.4K
Cap Rate 9%
$334,722 $334.7K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$45.5K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$43.0K $18.71/SF
− OpEx
−$12.9K −$5.61/SF
NOI
$30.1K $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%
$602,500
Cap Rate 7%
$430,357
Cap Rate 9%
$334,722

Alternative Uses

Best Use
Multifamily LT 5
$430.4K
$376.6K – $502.1K (±1% cap)
NOI $30,125 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$372.2K
$325.7K – $434.3K (±1% cap)
NOI $26,057 @ 7.0% cap · market cap 7.44%
Theoretical Best
Office A
$591.4K
$517.5K – $690.0K (±1% cap)
NOI $41,400 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

219
Businesses Nearby

Demographics for 77029, TX

17,044
Population
6,386
Households
2.7
Avg Household Size
36
Median Age
9%
College-Educated
62%
High-School Grad
10.6 sq mi
ZIP Area
1,608
Density / Sq Mi
$49,601
Median Household Income
$32,614
Median Earnings
$1,129
Median Rent
$115,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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-story configuration includes a first-floor bedroom and full bathroom in each unit.
Where is this duplex located?
The property is located at 305 Bolden Street Houston, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex built in 2026; Open‑concept living, dining, and kitchen areas in each unit; Each unit includes a first‑floor bedroom and full bathroom
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