Newly Built
4931 Rue Street, Houston, TX 77033
For Sale
$649,900
Both residences offer open layouts, upgraded kitchen finishes, and primary suites with walk-in closets.
Property Size3,370 SF
Days on Market145
Property Features for 4931 Rue Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Compass RE Texas, LLC - The Heights
Listed By:
Demetrice Ballenger · License TX #0682031
(713) 585-5626
Source:
Livingvoguerealestate
Added: Jun 19
Changed: Nov 9
Last Checked: Nov 10 at 6:59PM
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 Compass RE Texas, LLC - The Heights
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this duplex at 4931 Rue Street in Houston contains two residences, each arranged with three bedrooms and two-and-a-half baths. Open-concept interiors feature high ceilings, luxury vinyl plank flooring, and designer lighting.
Each kitchen has quartz counters, soft-close cabinetry, a vented hood, and stainless steel appliances. The primary suite includes dual vanities and an oversized walk-in closet.
Each kitchen has quartz counters, soft-close cabinetry, a vented hood, and stainless steel appliances. The primary suite includes dual vanities and an oversized walk-in closet.
Key Highlights
- Built in 2026
- Two residences, each with 3 bedrooms and 2.5 baths
- Open‑concept floor plans with high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,139
Cap Rate
6.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$882,780
$882.8K
Cap Rate 7%
$630,557
$630.6K
Cap Rate 9%
$490,433
$490.4K
Market Conditions
NOI Build-Up for 3,370 SF
Gross rent
$66.7K $19.80/SF
− Vacancy
−$3.7K −$1.09/SF
EGI
$63.1K $18.71/SF
− OpEx
−$18.9K −$5.61/SF
NOI
$44.1K $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%
$882,780
Cap Rate 7%
$630,557
Cap Rate 9%
$490,433
Alternative Uses
Best Use
Multifamily LT 5
$630.6K
$551.7K – $735.7K
NOI $44,139 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$545.4K
$477.2K – $636.3K
NOI $38,179 @ 7.0% cap · market cap 5.87%
Theoretical Best
Office A
$866.6K
$758.3K – $1.01M
NOI $60,660 @ 7.0% cap · market cap 9.33%
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
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
$98,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer open layouts, upgraded kitchen finishes, and primary suites with walk-in closets.
Where is this duplex located?
The property is located at 4931 Rue Street Houston, TX.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Built in 2026; Two residences, each with 3 bedrooms and 2.5 baths; Open‑concept floor plans with high ceilings
