Duplex with Open-Concept
For Sale
$650,000
3834 Mount Pleasant Street, Houston, TX 77021
Two-story units feature high ceilings, contemporary finishes, custom cabinetry, and stainless steel appliances.
Property Size3,000 SF
Days on Market84
Property Features for 3834 Mount Pleasant Street
General Information
Standard status
Active
Size
3,000 SF
Elevators
No
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Greater Ost / South Union
Highway Access
No
Road Access
No
Public Transit
No
Utilities to Site
No
Additional Details
Furnished
No
Opportunity Zone
No
Sprinkler System
No
Taxes and HOA fees
Annual Taxes
$2,511
Building Details
Building Size
3,000 SF
Year Built
2026
Abandoned
No
Listing Agency:
Trailview Realty
Listed By:
Rashad Ajalov
(832) 444-9291
Source:
Nancyalmodovar
Added: Aug 4
Changed: Oct 25
Last Checked: Oct 24 at 11:12PM
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 Trailview Realty
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Investment Insights
Based on property information with market context.
This duplex is a 2026 new-construction property currently in progress, with estimated completion at the end of July. The residences are planned with open living areas, elevated ceilings, abundant natural light, and contemporary interior finishes. Kitchens are designed with custom cabinetry, stainless steel appliances, and ample workspace. Each layout includes upstairs bedrooms and bathrooms, with a primary suite featuring a spa-inspired bath.
Located at 3834 Mount Pleasant St in Houston, the property has a Walk Score of 58, categorized as Somewhat Walkable, a Bike Score of 53, and a Transit Score of 41, indicating Some Transit. Images provided for the project are from a comparable completed build and represent the builder’s typical finishes and layout.
Located at 3834 Mount Pleasant St in Houston, the property has a Walk Score of 58, categorized as Somewhat Walkable, a Bike Score of 53, and a Transit Score of 41, indicating Some Transit. Images provided for the project are from a comparable completed build and represent the builder’s typical finishes and layout.
Key Highlights
- Duplex under construction with estimated completion at end July
- YearBuilt: 2026
- Open‑concept layouts with high ceilings and strong natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,293
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$785,860
$785.9K
Cap Rate 7%
$561,329
$561.3K
Cap Rate 9%
$436,589
$436.6K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$59.4K $19.80/SF
− Vacancy
−$3.3K −$1.09/SF
EGI
$56.1K $18.71/SF
− OpEx
−$16.8K −$5.61/SF
NOI
$39.3K $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%
$785,860
Cap Rate 7%
$561,329
Cap Rate 9%
$436,589
Alternative Uses
Best Use
Multifamily LT 5
$561.3K
$491.2K – $654.9K
NOI $39,293 @ 7.0% cap · market cap 6.05%
Second Best
Apartment 5plus
$485.5K
$424.8K – $566.5K
NOI $33,987 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$771.4K
$675.0K – $900.0K
NOI $54,000 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
468
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two-story units feature high ceilings, contemporary finishes, custom cabinetry, and stainless steel appliances.
Where is this duplex located?
The property is located at 3834 Mount Pleasant Street 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: Duplex under construction with estimated completion at end July; YearBuilt: 2026; Open‑concept layouts with high ceilings and strong natural light
