Newly Built Two-Story
3332 Francis Street A/B, Houston, TX 77004
For Sale
New
$650,000
Separate entrances and attached garages serve each of the two residences.
Property Size3,694 SF
Price / SF$175.96
Days on Market2
Property Features for 3332 Francis Street A/B
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Multifamily Units
Parking per Unit
Amenities
private entrances
private outdoor areas
Yes
2
3
Builder
Fireplace
4000
More than Two
Appraiser
Electric Gate,Garage
3694
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Illustrious Realty, LLC
(832) 425-0484
Listed By:
Champhaine Davis
(713) 836-9545
Source:
Garygreene
Added: Nov 8
Last Checked: Nov 8 at 2:54PM
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
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Investment Insights
Based on property information with market context.
Built in 2026, this two-story duplex contains 3,694 square feet of total living space across two residences. Each unit has a private entrance, an attached one-car garage, and access to a private outdoor area. The property is identified as new construction and includes contemporary architectural details and modern finishes.
The Houston property is in the 77004 area, with access to Downtown, the Texas Medical Center, the University of Houston, TSU, and nearby dining and entertainment. The two-unit configuration and separate entrances create distinct living spaces within one property.
The Houston property is in the 77004 area, with access to Downtown, the Texas Medical Center, the University of Houston, TSU, and nearby dining and entertainment. The two-unit configuration and separate entrances create distinct living spaces within one property.
Key Highlights
- Two‑story duplex with 3,694 square feet of total living space
- Built in 2026
- Two residences, each with a private entrance and attached one‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,383
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$967,660
$967.7K
Cap Rate 7%
$691,186
$691.2K
Cap Rate 9%
$537,589
$537.6K
Market Conditions
NOI Build-Up for 3,694 SF
Gross rent
$73.1K $19.80/SF
− Vacancy
−$4.0K −$1.09/SF
EGI
$69.1K $18.71/SF
− OpEx
−$20.7K −$5.61/SF
NOI
$48.4K $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%
$967,660
Cap Rate 7%
$691,186
Cap Rate 9%
$537,589
Alternative Uses
Best Use
Multifamily LT 5
$691.2K
$604.8K – $806.4K
NOI $48,383 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$597.9K
$523.1K – $697.5K
NOI $41,850 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$949.9K
$831.2K – $1.11M
NOI $66,492 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
$384,100
Median Home Value
Market
Average Price Trend$/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 - Separate entrances and attached garages serve each of the two residences.
Where is this duplex located?
The property is located at 3332 Francis Street A/B Houston, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑story duplex with 3,694 square feet of total living space; Built in 2026; Two residences, each with a private entrance and attached one‑car garage
