2-Unit New-Build
New
For Sale
$490,000
3652 Seabrook Street, Houston, TX 77021
Both residences are leased and feature quartz countertops, laminate flooring, and electric fireplaces.
Property Size2,572 SF
Price / SF$190.51
Days on Market3
Property Features for 3652 Seabrook Street
General Information
Standard status
Active
Size
2,572 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Greater Ost / South Union
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Amenities
quartz countertops
laminate flooring
high-end finishes
statement lighting
color-changing electric fireplaces
coffered ceilings
custom accent walls
ceiling fans
Building Details
Year Built
2025
Listing Agency:
Better Homes And Gardens Real Estate Gary Greene - Galveston
Listed By:
HTOWN OWNER FINANCE
(281) 616-5202
Source:
Ownerfinancinginhouston
Added: Nov 4
Last Checked: Nov 4 at 10:52AM
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 Better Homes And Gardens Real Estate Gary Greene - Galveston
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Investment Insights
Based on property information with market context.
Built in 2025, this 2,572-square-foot duplex contains two residences and is fully leased. Each home has an open layout with quartz countertops, laminate flooring, and upgraded finishes. Living areas include statement lighting and color-changing electric fireplaces; primary suites have coffered ceilings and custom accent walls. Ceiling fans are installed in every room.
The property is a short drive from the Texas Medical Center, Hobby Airport, and Downtown Houston.
The property is a short drive from the Texas Medical Center, Hobby Airport, and Downtown Houston.
Key Highlights
- Two‑unit duplex, fully leased
- 2,572 square feet; built in 2025
- Each residence has quartz countertops, laminate flooring, and an electric fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,687
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,740
$673.7K
Cap Rate 7%
$481,243
$481.2K
Cap Rate 9%
$374,300
$374.3K
Market Conditions
NOI Build-Up for 2,572 SF
Gross rent
$50.9K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.1K $18.71/SF
− OpEx
−$14.4K −$5.61/SF
NOI
$33.7K $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%
$673,740
Cap Rate 7%
$481,243
Cap Rate 9%
$374,300
Alternative Uses
Best Use
Multifamily LT 5
$481.2K
$421.1K – $561.5K
NOI $33,687 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$416.3K
$364.2K – $485.7K
NOI $29,139 @ 7.0% cap · market cap 5.95%
Theoretical Best
Office A
$661.4K
$578.7K – $771.6K
NOI $46,296 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
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Business Placement
Demographics for 77021, TX
28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and feature quartz countertops, laminate flooring, and electric fireplaces.
Where is this duplex located?
The property is located at 3652 Seabrook Street Houston, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Two‑unit duplex, fully leased; 2,572 square feet; built in 2025; Each residence has quartz countertops, laminate flooring, and an electric fireplace
