New-Construction
For Sale
$464,900
4825 Pederson Street A And B, Houston, TX 77033
Two separate residences offer private access, contemporary interiors, gated parking, and a fenced outdoor area.
Property Size2,559 SF
Price / SF$181.67
Days on Market110
Property Features for 4825 Pederson Street A And B
General Information
Standard status
Active
Size
2,559 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
South Park
Additional Details
Multifamily Units
2
Amenities
private entrances
gated parking
fenced yard
Building Details
Year Built
2025
Listing Agency:
KBH Signature Realty Group
Listed By:
Kim Barnes-Henson · License #0460825
(713) 742-2424
Source:
Nova-era
Added: Jul 9
Changed: Oct 25
Last Checked: Oct 7 at 4:31PM
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 KBH Signature Realty Group
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Investment Insights
Based on property information with market context.
Completed in 2025, this 2,559-square-foot duplex contains two residences designed around open living areas. Both units include contemporary kitchens, bedrooms, full bathrooms, and private entrances, creating a flexible setup for separate occupancy. Gated parking and a fenced yard serve the property, while the new construction and modern interior finishes support a current residential presentation.
The property is positioned near the Texas Medical Center, major highways, universities, parks, and employment centers. Its two-unit configuration can accommodate owner occupancy with a second residence, separate leasing, or multigenerational use, subject to the buyer’s independent review of applicable assumptions and property details.
The property is positioned near the Texas Medical Center, major highways, universities, parks, and employment centers. Its two-unit configuration can accommodate owner occupancy with a second residence, separate leasing, or multigenerational use, subject to the buyer’s independent review of applicable assumptions and property details.
Key Highlights
- Two‑unit duplex completed in 2025
- 2,559 SF of total property size
- Open‑concept layouts with contemporary kitchens and modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,517
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,340
$670.3K
Cap Rate 7%
$478,814
$478.8K
Cap Rate 9%
$372,411
$372.4K
Market Conditions
NOI Build-Up for 2,559 SF
Gross rent
$50.7K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$47.9K $18.71/SF
− OpEx
−$14.4K −$5.61/SF
NOI
$33.5K $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%
$670,340
Cap Rate 7%
$478,814
Cap Rate 9%
$372,411
Alternative Uses
Best Use
Multifamily LT 5
$478.8K
$419.0K – $558.6K
NOI $33,517 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$414.2K
$362.4K – $483.2K
NOI $28,991 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$658.0K
$575.8K – $767.7K
NOI $46,062 @ 7.0% cap · market cap 9.91%
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
431
Businesses Nearby
Explore this area
Business Placement
Demographics for 77033, TX
28,369
Population
10,228
Households
2.8
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
4,977
Density / Sq Mi
$37,081
Median Household Income
$28,459
Median Earnings
$1,204
Median Rent
$98,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer private access, contemporary interiors, gated parking, and a fenced outdoor area.
Where is this duplex located?
The property is located at 4825 Pederson Street A And B Houston, TX.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: Two‑unit duplex completed in 2025; 2,559 SF of total property size; Open‑concept layouts with contemporary kitchens and modern finishes
