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Duplex with Oversized Balconies

4927 Rue St, Houston, TX 77033

For Sale
New
$669,900

The two residences feature distinct designer finish packages and are offered without an HOA.

Property Size3,510 SF
Price / SF$143.88
Days on Market2

Property Features for 4927 Rue St

General Information

Standard status Active
Size 3,510 SF
Property subtype Investment

Site & Location

Neighborhood South Park
Public Transit Yes

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Amenities

fireplace
balcony
wine fridge
bar
walk-in pantry
soaking tub
walk-in shower
double vanity
auto gate
prewired sound system
security system
EV charging prewire
garage

Building Details

Building Size 3,510 SF
Year Built 2026
Buildings 1
Stories 2
Units 1
Listed By: Katrina Gray
Source: Elliman
Added: Nov 8 Last Checked: Nov 8 at 4:24PM

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 Katrina Gray

Rey
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Investment Insights

Based on property information with market context.

This 2026-built duplex contains two residences, each with 3 bedrooms, 2.5 bathrooms and 1,755 square feet. Interiors include 12-foot ceilings on the first floor, 10-foot ceilings above, 8-foot doors, ambient lighting and a fireplace. Kitchens feature waterfall quartz islands, stainless steel appliances, pot fillers, custom hoods, illuminated soft-close cabinets and walk-in pantries. Each residence also has two oversized balconies, a primary suite with two closets, a soaking tub and a walk-in shower, plus a garage with 16-foot ceilings. An automatic gate, prewiring for sound and security, and EV prewiring are included.

The property is minutes from the Medical Center, Reliant Park, Downtown and Hobby. No HOA is reported.

Key Highlights

  • Two residences, each with 3 bedrooms, 2.5 bathrooms and 1,755 square feet; 4,656 total square feet
  • Two designer finish packages; 2026 construction
  • Two oversized balconies per residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,983
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,219,660 $1.2M
Cap Rate 7%
$871,186 $871.2K
Cap Rate 9%
$677,589 $677.6K
Market Conditions
NOI Build-Up for 4,656 SF
Gross rent
$92.2K $19.80/SF
− Vacancy
−$5.1K −$1.09/SF
EGI
$87.1K $18.71/SF
− OpEx
−$26.1K −$5.61/SF
NOI
$61.0K $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%
$1,219,660
Cap Rate 7%
$871,186
Cap Rate 9%
$677,589

Alternative Uses

Best Use
Multifamily LT 5
$871.2K
$762.3K – $1.02M (±1% cap)
NOI $60,983 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$753.6K
$659.4K – $879.2K (±1% cap)
NOI $52,749 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,808 @ 7.0% cap · market cap 12.51%
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

396
Businesses Nearby

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

Average Price Trend$/SF for Duplexes in Houston, TX

$199 Jul
$190 Aug
$184 Sep
$186 Oct

Properties on Market for Duplexes in Houston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two residences feature distinct designer finish packages and are offered without an HOA.
Where is this duplex located?
The property is located at 4927 Rue St Houston, TX.
What is the asking price?
The asking price for this property is $669,900.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms, 2.5 bathrooms and 1,755 square feet; 4,656 total square feet; Two designer finish packages; 2026 construction; Two oversized balconies per residence
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