New Construction
For Sale
$650,000
3704 Mount Pleasant Street Unit A/B, Houston, TX 77021
Both residences include three bedrooms, two-and-a-half baths, and a private garage.
Property Size3,490 SF
Days on Market21
Property Features for 3704 Mount Pleasant Street Unit A/B
General Information
Standard status
Active
Size
3,490 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Greater Ost / South Union
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
Gated
Private outdoor space
Building Details
Building Size
3,490 SF
Year Built
2026
Buildings
1
Listing Agency:
Nextgen Real Estate Properties
Listed By:
Norisha Johnson
(346) 304-1590
Source:
Greenwoodking
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 25 at 2:30AM
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.
Built in 2026, this duplex contains two residences, each with three bedrooms, two-and-a-half baths, and a private garage. Interior details include high ceilings, large windows, a fireplace, and kitchens with wood cabinetry and waterfall islands. Primary bathrooms have freestanding tubs, glass showers, and dual vanities; walk-in closets are also featured. The property is gated and includes private outdoor space. It has never been occupied and has no HOA.
The property is near the Texas Medical Center, Downtown Houston, and educational and employment hubs.
The property is near the Texas Medical Center, Downtown Houston, and educational and employment hubs.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 baths
- Built in 2026; never occupied
- Private garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,711
Cap Rate
7.03%
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 7.03%
Second Best
Apartment 5plus
$564.8K
$494.2K – $659.0K
NOI $39,539 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$897.4K
$785.3K – $1.05M
NOI $62,820 @ 7.0% cap · market cap 9.66%
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
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 - Both residences include three bedrooms, two-and-a-half baths, and a private garage.
Where is this duplex located?
The property is located at 3704 Mount Pleasant Street Unit 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 residences, each with 3 bedrooms and 2.5 baths; Built in 2026; never occupied; Private garage for each residence
