New Duplex with Private
For Sale
$625,500
3704 Mount Pleasant Street A/B, Houston, TX 77021
Two newly built residences offer private outdoor areas and gated access near major Houston employment and education centers.
Property Size3,490 SF
Price / SF$179.23
Days on Market60
Property Features for 3704 Mount Pleasant Street A/B
General Information
Standard status
Active
Size
3,490 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
Nextgen Real Estate Properties
Listed By:
Norisha Johnson
(346) 304-1590
Source:
Thebandpteam
Added: Aug 19
Changed: Oct 7
Last Checked: Oct 16 at 12:01PM
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 Nextgen Real Estate Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2026 duplex at 3704 Mount Pleasant St A/B in Houston contains two residences, each with 3 bedrooms, 2.5 baths, and a private garage. The interiors include high ceilings, oversized windows, a modern fireplace, and kitchens with wood cabinetry and waterfall islands. Primary suites feature freestanding soaking tubs, large glass showers, dual floating vanities, and walk-in closets, while the secondary baths continue the upgraded design approach.
The property is near the Texas Medical Center, Downtown Houston, and major educational and employment hubs. Both residences include private outdoor space, and the property is gated. It has never been occupied and carries no HOA. Live in one residence while leasing the other, or lease both as a two-unit rental property.
The property is near the Texas Medical Center, Downtown Houston, and major educational and employment hubs. Both residences include private outdoor space, and the property is gated. It has never been occupied and carries no HOA. Live in one residence while leasing the other, or lease both as a two-unit rental property.
Key Highlights
- Two‑residence duplex completed in 2026
- Each unit includes 3 bedrooms, 2.5 baths, and a private garage
- High ceilings, oversized windows, modern fireplaces, and waterfall‑island kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,711
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$914,220
$914.2K
Cap Rate 7%
$653,014
$653.0K
Cap Rate 9%
$507,900
$507.9K
Market Conditions
NOI Build-Up for 3,490 SF
Gross rent
$69.1K $19.80/SF
− Vacancy
−$3.8K −$1.09/SF
EGI
$65.3K $18.71/SF
− OpEx
−$19.6K −$5.61/SF
NOI
$45.7K $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%
$914,220
Cap Rate 7%
$653,014
Cap Rate 9%
$507,900
Alternative Uses
Best Use
Multifamily LT 5
$653.0K
$571.4K – $761.9K
NOI $45,711 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$564.8K
$494.2K – $659.0K
NOI $39,539 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$897.4K
$785.3K – $1.05M
NOI $62,820 @ 7.0% cap · market cap 10.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two newly built residences offer private outdoor areas and gated access near major Houston employment and education centers.
Where is this duplex located?
The property is located at 3704 Mount Pleasant Street A/B Houston, TX.
What is the asking price?
The asking price for this property is $625,500.
What are key features of this property?
This property features: Two‑residence duplex completed in 2026; Each unit includes 3 bedrooms, 2.5 baths, and a private garage; High ceilings, oversized windows, modern fireplaces, and waterfall‑island kitchens
