Three-Unit New-Construction
For Sale
$630,000
3902 Aledo St A B C, Houston, TX 77051
Three separate residences feature two-story layouts and individually metered water, gas, and electric service.
Property Size2,816 SF
Price / SF$223.72
Days on Market26
Property Features for 3902 Aledo St A B C
General Information
Standard status
Active
Size
2,816 SF
Property subtype
Multi Family,Triplex
Site & Location
Neighborhood
Sunnyside Civic Club, Inc.
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 2BR/2.5BA
Multifamily Units
3
Individually Metered Utilities
water, gas, electricity
Building Details
Building Size
2,816 SF
Year Built
2026
Listing Agency:
LPT Realty, LLC
Listed By:
Yemisi Opaso
(423) 310-0543
Source:
Kimberlylaneproperties
Added: Oct 6
Changed: Oct 27
Last Checked: Oct 26 at 10:06PM
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 LPT Realty, LLC
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Investment Insights
Based on property information with market context.
Scheduled for completion on 11/15/2026, this Houston triplex will contain three separate two-story residences with approximately 2,816 SF of combined living area. Each unit is planned with 2 bedrooms, 2.5 bathrooms, living space, and a modern kitchen. Interior specifications include quartz countertops, white shaker-style cabinets, vinyl flooring, and gas cooking. The exterior is designed with Hardie Plank and board-and-batten finishes, alongside energy-efficient construction.
Water, gas, and electricity will be individually metered for each residence. The property is in Houston's 77051 area, with access to the Texas Medical Center, Downtown Houston, major highways, shopping, and dining.
Water, gas, and electricity will be individually metered for each residence. The property is in Houston's 77051 area, with access to the Texas Medical Center, Downtown Houston, major highways, shopping, and dining.
Key Highlights
- Three two‑story residences, each with 2 bedrooms and 2.5 bathrooms
- Approximately 2,816 SF of total living space
- Separate water, gas, and electric meters for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,883
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$737,660
$737.7K
Cap Rate 7%
$526,900
$526.9K
Cap Rate 9%
$409,811
$409.8K
Market Conditions
NOI Build-Up for 2,816 SF
Gross rent
$55.8K $19.80/SF
− Vacancy
−$3.1K −$1.09/SF
EGI
$52.7K $18.71/SF
− OpEx
−$15.8K −$5.61/SF
NOI
$36.9K $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%
$737,660
Cap Rate 7%
$526,900
Cap Rate 9%
$409,811
Alternative Uses
Best Use
Multifamily LT 5
$526.9K
$461.0K – $614.7K
NOI $36,883 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$455.8K
$398.8K – $531.7K
NOI $31,903 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$724.1K
$633.6K – $844.8K
NOI $50,688 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences feature two-story layouts and individually metered water, gas, and electric service.
Where is this triplex located?
The property is located at 3902 Aledo St A B C Houston, TX.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Three two‑story residences, each with 2 bedrooms and 2.5 bathrooms; Approximately 2,816 SF of total living space; Separate water, gas, and electric meters for each unit
