12-Bedroom
New
For Sale
$950,000
3324 Beulah Street, Houston, TX 77004
New construction offers two residences, each with private bathrooms for all six bedrooms.
Property Size3,612 SF
Days on Market5
Property Features for 3324 Beulah Street
General Information
Standard status
Active
Size
3,612 SF
Property subtype
Multi Family,Duplex
Units
Unit Mix
2 x 6BR/6BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,252
Amenities
gated access
Building Details
Building Size
3,612 SF
Year Built
2026
Listing Agency:
Illustrious Realty, LLC
Listed By:
Crystal Menefe
(832) 529-7837
Source:
Greenwoodking
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 5 at 11:21PM
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 Illustrious Realty, LLC
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two residences with a combined 12 bedrooms and 12 full bathrooms. Each side is configured with six bedrooms and six bathrooms, providing private-bath accommodations throughout. The property features contemporary architecture, modern finishes, and gated access.
The Beulah Street address places the property in Houston, near Downtown Houston, the University of Houston, Texas Southern University, the Texas Medical Center, and NRG Park. Major commuter routes are also nearby.
The Beulah Street address places the property in Houston, near Downtown Houston, the University of Houston, Texas Southern University, the Texas Medical Center, and NRG Park. Major commuter routes are also nearby.
Key Highlights
- Two residences, each with 6 bedrooms and 6 full bathrooms
- 12 bedrooms and 12 full bathrooms across the duplex
- Built in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,309
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$946,180
$946.2K
Cap Rate 7%
$675,843
$675.8K
Cap Rate 9%
$525,656
$525.7K
Market Conditions
NOI Build-Up for 3,612 SF
Gross rent
$71.5K $19.80/SF
− Vacancy
−$3.9K −$1.09/SF
EGI
$67.6K $18.71/SF
− OpEx
−$20.3K −$5.61/SF
NOI
$47.3K $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%
$946,180
Cap Rate 7%
$675,843
Cap Rate 9%
$525,656
Alternative Uses
Best Use
Multifamily LT 5
$675.8K
$591.4K – $788.5K
NOI $47,309 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$584.6K
$511.5K – $682.0K
NOI $40,921 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$928.8K
$812.7K – $1.08M
NOI $65,016 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
Explore this area
Business Placement
Demographics for 77004, TX
37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - New construction offers two residences, each with private bathrooms for all six bedrooms.
Where is this duplex located?
The property is located at 3324 Beulah Street Houston, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two residences, each with 6 bedrooms and 6 full bathrooms; 12 bedrooms and 12 full bathrooms across the duplex; Built in 2026
