New-Construction Duplex with Vaulted
For Sale
$389,900
424 Calloway Street A/B, Houston, TX 77029
Two complete residences combine contemporary finishes with a flexible owner-occupant or rental configuration.
Property Size2,250 SF
Price / SF$173.29
Days on Market49
Property Features for 424 Calloway Street A/B
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Clinton Park Tri-Community
Highway Access
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Premier Haus Realty, LLC
Listed By:
Olevia Johnson
(832) 492-6883
Source:
Poprealty
Added: Sep 5
Changed: Oct 12
Last Checked: Oct 20 at 9:49PM
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 Premier Haus Realty, LLC
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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.
Completed in 2026, this duplex contains 2,250 total square feet arranged across two residences. Each unit offers 3 bedrooms and 2 baths, with European flat-panel cabinetry and quartz countertops. Vaulted ceilings in the upper residence add volume and openness to its interior. The property is located at 424 Calloway St A/B in Houston, near Downtown Houston, major freeways, and the East End. Its two-unit layout supports living in one residence while leasing the other, or operating both as rentals. Walk Score is 12, Bike Score is 30, and Transit Score is 24.
Key Highlights
- 2026‑built duplex at 424 Calloway St A/B, Houston, TX 77029
- 2,250 total sq ft with two 3‑bedroom, 2‑bath units
- European flat‑panel cabinetry and quartz countertops in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,470
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$589,400
$589.4K
Cap Rate 7%
$421,000
$421.0K
Cap Rate 9%
$327,444
$327.4K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$44.6K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$42.1K $18.71/SF
− OpEx
−$12.6K −$5.61/SF
NOI
$29.5K $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%
$589,400
Cap Rate 7%
$421,000
Cap Rate 9%
$327,444
Alternative Uses
Best Use
Multifamily LT 5
$421.0K
$368.4K – $491.2K
NOI $29,470 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$364.2K
$318.6K – $424.9K
NOI $25,491 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$578.6K
$506.3K – $675.0K
NOI $40,500 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 77029, TX
17,044
Population
6,386
Households
2.7
Avg Household Size
36
Median Age
9%
College-Educated
62%
High-School Grad
10.6 sq mi
ZIP Area
1,608
Density / Sq Mi
$49,601
Median Household Income
$32,614
Median Earnings
$1,129
Median Rent
$115,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two complete residences combine contemporary finishes with a flexible owner-occupant or rental configuration.
Where is this duplex located?
The property is located at 424 Calloway Street A/B Houston, TX.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: 2026‑built duplex at 424 Calloway St A/B, Houston, TX 77029; 2,250 total sq ft with two 3‑bedroom, 2‑bath units; European flat‑panel cabinetry and quartz countertops in each unit
