Tenant-Occupied
For Sale
$519,900
4913 Southwind Street, Houston, TX 77033
Both units have leases in place, and residents pay their own utilities.
Property Size3,360 SF
Days on Market13
Property Features for 4913 Southwind Street
General Information
Standard status
Active
Size
3,360 SF
Property subtype
Multi Family,Duplex
Occupancy
100%
Site & Location
Neighborhood
South Park
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,002
Building Details
Building Size
3,360 SF
Year Built
2020
Listing Agency:
David Brown Properties
Listed By:
David Brown · License #0505755
(832) 605-8349
Source:
Mpowerrealtygroup
Added: Oct 14
Changed: Oct 21
Last Checked: Oct 24 at 11:26PM
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 David Brown Properties
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Investment Insights
Based on property information with market context.
Built in 2020, this duplex contains two residential units. Both are occupied under existing leases and receive professional management. Residents are responsible for utility costs during their occupancy.
Key Highlights
- Duplex constructed in 2020
- Both units occupied under existing leases
- Professional management in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,008
Cap Rate
8.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,160
$880.2K
Cap Rate 7%
$628,686
$628.7K
Cap Rate 9%
$488,978
$489.0K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$66.5K $19.80/SF
− Vacancy
−$3.7K −$1.09/SF
EGI
$62.9K $18.71/SF
− OpEx
−$18.9K −$5.61/SF
NOI
$44.0K $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%
$880,160
Cap Rate 7%
$628,686
Cap Rate 9%
$488,978
Alternative Uses
Best Use
Multifamily LT 5
$628.7K
$550.1K – $733.5K
NOI $44,008 @ 7.0% cap · market cap 8.46%
Second Best
Apartment 5plus
$543.8K
$475.8K – $634.4K
NOI $38,066 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$864.0K
$756.0K – $1.01M
NOI $60,480 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
404
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units have leases in place, and residents pay their own utilities.
Where is this duplex located?
The property is located at 4913 Southwind Street Houston, TX.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Duplex constructed in 2020; Both units occupied under existing leases; Professional management in place
