Duplex with Available
4114 Majestic Street Unit A/B, Houston, TX 77026
For Sale
$285,000
Unit A is occupied, while Unit B is available to show.
Property Size2,300 SF
Lot Size0.12 Acres
Price / SF$123.91
Days on Market42
Property Features for 4114 Majestic Street Unit A/B
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Redfin Corporation
Listed By:
Rosalinda Swartz
(703) 388-8530
Source:
Oakhousere
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 9 at 5:01PM
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 Redfin Corporation
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-story Houston duplex contains two residences, each with 3 bedrooms and 2 bathrooms. The combined building area is approximately 2,300 square feet, with each unit measuring about 1,150 square feet, on a 5,100-square-foot lot. Both homes have laminate flooring, granite countertops, tile backsplashes, cabinetry, washer and dryer connections, and tub-and-shower combinations. Unit A is occupied; Unit B is available to show. Unit B includes a washer and dryer and a stainless steel refrigerator, while Unit A has a white refrigerator and no washer or dryer.
Key Highlights
- Two‑story duplex with approximately 2,300 square feet across two units
- Each residence has 3 bedrooms and 2 bathrooms
- 5,100‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,057
Cap Rate
9.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,140
$521.1K
Cap Rate 7%
$372,243
$372.2K
Cap Rate 9%
$289,522
$289.5K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$50.5K $21.96/SF
− Vacancy
−$3.1K −$1.36/SF
EGI
$47.4K $20.60/SF
− OpEx
−$21.3K −$9.27/SF
NOI
$26.1K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,140
Cap Rate 7%
$372,243
Cap Rate 9%
$289,522
Alternative Uses
Best Use
Multifamily LT 5
$430.4K
$376.6K – $502.1K
NOI $30,125 @ 7.0% cap · market cap 10.57%
Second Best
Apartment 5plus
$372.2K
$325.7K – $434.3K
NOI $26,057 @ 7.0% cap · market cap 9.14%
Theoretical Best
Office A
$591.4K
$517.5K – $690.0K
NOI $41,400 @ 7.0% cap · market cap 14.53%
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
470
Businesses Nearby
Explore this area
Business Placement
Demographics for 77026, TX
23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Unit A is occupied, while Unit B is available to show.
Where is this duplex located?
The property is located at 4114 Majestic Street Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑story duplex with approximately 2,300 square feet across two units; Each residence has 3 bedrooms and 2 bathrooms; 5,100‑square‑foot lot
