New-Construction
For Sale
$575,000
4251 SE Reed Road SE, Houston, TX 77051
Two residences each provide three bedrooms and three-and-a-half baths.
Property Size3,780 SF
Days on Market23
Property Features for 4251 SE Reed Road SE
General Information
Standard status
Active
Size
3,780 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Sunnyside
Highway Access
Yes
Additional Details
Multifamily Units
2
Building Details
Building Size
3,780 SF
Year Built
2026
Listing Agency:
RA Brokers
Listed By:
Michelle Jones
(713) 425-2520
Source:
Nancyalmodovar
Added: Oct 4
Changed: Oct 25
Last Checked: Oct 24 at 10:38PM
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 RA Brokers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2026, this duplex contains two residences, each configured with three bedrooms and three-and-a-half baths. The property offers a two-home format in Houston, with access to Highway 288 and Loop 610.
The Texas Medical Center and downtown Houston are among the destinations nearby.
The Texas Medical Center and downtown Houston are among the destinations nearby.
Key Highlights
- 2026 construction
- Two residences, each with 3 bedrooms and 3.5 baths
- Access to Highway 288 and Loop 610
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,509
Cap Rate
8.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$990,180
$990.2K
Cap Rate 7%
$707,271
$707.3K
Cap Rate 9%
$550,100
$550.1K
Market Conditions
NOI Build-Up for 3,780 SF
Gross rent
$74.8K $19.80/SF
− Vacancy
−$4.1K −$1.09/SF
EGI
$70.7K $18.71/SF
− OpEx
−$21.2K −$5.61/SF
NOI
$49.5K $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%
$990,180
Cap Rate 7%
$707,271
Cap Rate 9%
$550,100
Alternative Uses
Best Use
Multifamily LT 5
$707.3K
$618.9K – $825.2K
NOI $49,509 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$611.8K
$535.3K – $713.7K
NOI $42,824 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$972.0K
$850.5K – $1.13M
NOI $68,040 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
533
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences each provide three bedrooms and three-and-a-half baths.
Where is this duplex located?
The property is located at 4251 SE Reed Road SE Houston, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2026 construction; Two residences, each with 3 bedrooms and 3.5 baths; Access to Highway 288 and Loop 610
