Modern Duplex with Smart
4805 Paula St Houston, TX 77033
4805 Paula St, Houston, TX, 77033
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For Sale
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Newly built duplex with two 3-bedroom, 3-bath units, smart home features, and gated parking.
Property Size2,764 SF
Price / SF$191.39
Days on Market113
Property Features for 4805 Paula St
General Information
- Standard status
- Active
- Size
- 2,764 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing agency
NetWorth Builders
Listed by
ADEWALE LAWAL · License #TX 736740
Source
Crexi
Added: Mar 31 Updated: Jul 20 at 7:46PM Checked: Jul 20 at 7:46PM
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 NetWorth Builders
Investment Insights
Based on property information with market context.
This modern duplex offers two separate units, each with three bedrooms and three bathrooms. Built in 2025, the property includes luxury interior finishes such as floor-to-ceiling windows, vinyl flooring, European-style cabinetry, and spa-inspired bathrooms. Smart home features and energy-efficient systems are in place to support day-to-day comfort and operating efficiency.
Located in Houston’s Medical Center South area at 4805 Paula St, the duplex includes gated parking for tenant convenience. With two well-defined units, the configuration can support multiple real estate strategies, including long-term rental, short-term rental, or owner-occupancy with rental income.
The home’s layout and updated finishes are designed for residents who want a contemporary, turnkey setup within a newer construction duplex.
Located in Houston’s Medical Center South area at 4805 Paula St, the duplex includes gated parking for tenant convenience. With two well-defined units, the configuration can support multiple real estate strategies, including long-term rental, short-term rental, or owner-occupancy with rental income.
The home’s layout and updated finishes are designed for residents who want a contemporary, turnkey setup within a newer construction duplex.
Key Highlights
- Newly built duplex (2025) in Houston’s Medical Center South area with 2 units
- Each unit offers 3 beds and 3 baths for a total of 6 bedrooms and 6 bathrooms
- Approx. 2,764 SF total living space with luxury finishes throughout
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.7k | $19.80 |
| − Vacancy | −$3.0k | −$1.09 |
| EGI | $51.7k | $18.71 |
| − OpEx | −$15.5k | −$5.61 |
| NOI | $36.2k | $13.10 |
2,764 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$517.2K
$452.5K – $603.4K
NOI $36,202 @ 7.0% cap · market cap 6.84%
Second Best
Apartment 5plus
$447.3K
$391.4K – $521.9K
NOI $31,314 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$710.7K
$621.9K – $829.2K
NOI $49,752 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Newly built duplex with two 3-bedroom, 3-bath units, smart home features, and gated parking.
Where is this duplex located?
The property is located at 4805 Paula St Houston, TX.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Newly built duplex (2025) in Houston’s Medical Center South area with 2 units; Each unit offers 3 beds and 3 baths for a total of 6 bedrooms and 6 bathrooms; Approx. 2,764 SF total living space with luxury finishes throughout
