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Stacked Duplex with Private Yards
For Sale
$449,900

4029 Cork Drive A-b, Houston, TX 77047

Two separate residences feature open living areas, electric fireplace media walls, and individual outdoor space.

Property Size2,500 SF
Price / SF$179.96
Days on Market91

Property Features for 4029 Cork Drive A-b

General Information

Standard status Active
Size 2,500 SF
Property subtype Multi-Family

Site & Location

Neighborhood South Acres / Crestmont Park

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

private backyards

Building Details

Year Built 2026
Buildings 1
Stories 2
Construction Craftsman
Listing Agency: Brooks & Davis Real Estate
Listed By: Andre Beraud · License #0667248
Source: Thepikoffteam
Added: Jul 27 Changed: Oct 25 Last Checked: Oct 7 at 3:14PM

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 Brooks & Davis Real Estate

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Investment Insights

Based on property information with market context.

This stacked duplex at 4029 Cork Drive A-b in Houston, Texas, contains two residences with a matching three-bedroom, two-bathroom layout. The 2,500-square-foot property features board-and-batten siding, wood accents, wide-plank flooring, high ceilings, open living areas, and dedicated electric fireplace media walls in both units. Cabinetry and contemporary interior finishes carry through each level.

Each residence opens to its own private backyard. Unit B also includes a custom coffee and dry bar, adding a distinct feature to the living area. The property was built in 2026 and offers a configuration suited to duplex ownership, with separate living spaces and outdoor areas.

Key Highlights

  • Two‑level duplex with two 3‑bedroom, 2‑bathroom residences
  • 2,500 square feet; built in 2026
  • Private backyard assigned to each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,744
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,880 $654.9K
Cap Rate 7%
$467,771 $467.8K
Cap Rate 9%
$363,822 $363.8K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.5K $19.80/SF
− Vacancy
−$2.7K −$1.09/SF
EGI
$46.8K $18.71/SF
− OpEx
−$14.0K −$5.61/SF
NOI
$32.7K $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%
$654,880
Cap Rate 7%
$467,771
Cap Rate 9%
$363,822

Alternative Uses

Best Use
Multifamily LT 5
$467.8K
$409.3K – $545.7K (±1% cap)
NOI $32,744 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$404.6K
$354.0K – $472.1K (±1% cap)
NOI $28,323 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$642.9K
$562.5K – $750.0K (±1% cap)
NOI $45,000 @ 7.0% cap · market cap 10.00%
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

263
Businesses Nearby

Demographics for 77047, TX

32,088
Population
13,288
Households
2.4
Avg Household Size
34
Median Age
37%
College-Educated
89%
High-School Grad
13.8 sq mi
ZIP Area
2,325
Density / Sq Mi
$73,947
Median Household Income
$44,732
Median Earnings
$1,719
Median Rent
$224,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences feature open living areas, electric fireplace media walls, and individual outdoor space.
Where is this duplex located?
The property is located at 4029 Cork Drive A-b Houston, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑level duplex with two 3‑bedroom, 2‑bathroom residences; 2,500 square feet; built in 2026; Private backyard assigned to each unit
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