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Two-Unit Duplex with Covered Patio
For Sale
$375,000

496 Golden Street A/B, Willis, TX 77378

Both residences offer open living areas, interior utility rooms, fenced outdoor space, and updated kitchen finishes.

Property Size1,153 SF
Price / SF$325.24
Days on Market47

Property Features for 496 Golden Street A/B

General Information

Standard status Active
Size 1,153 SF
Property subtype Multi-Family

Units

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

Additional Details

Highway Access Yes

Amenities

tile floors
granite counter tops
subway tile backsplash
breakfast bar
open floor plan
walk-in closet
private exit to covered patio
utility room
fenced back yard
Tile
Living Room,Utility Room
Yes
2
3
Washer Hookup,Electric Dryer Hookup
Appraiser
All Bedrooms Down
Back Yard
Corner Lot
No
Public
5929
Fence,Private Yard
Slab
1153

Building Details

Building Size 1,153 SF
Year Built 2024
Stories 1
Listing Agency: Realty ONE Group Iconic
Listed By: Steven Collier
Source: Garygreene
Added: Sep 6 Changed: Oct 21 Last Checked: Oct 20 at 6:45PM

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 Realty ONE Group Iconic

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Investment Insights

Based on property information with market context.

Built in 2024, this duplex contains two three-bedroom, two-bath residences. Each unit features tile flooring, granite kitchen countertops, a subway tile backsplash, and a breakfast bar opening to the family room. The open layout also includes an interior utility room, while the primary bedroom provides a walk-in closet and a private exit to the covered patio.

The fenced backyard adds defined outdoor space for the property. The duplex is located near I45 and close to town shopping and dining in Willis, providing convenient access to nearby commercial services.

Key Highlights

  • Two 3‑bedroom, 2‑bath units
  • Built in 2024
  • Tile flooring throughout the duplex

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,859
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,180 $257.2K
Cap Rate 7%
$183,700 $183.7K
Cap Rate 9%
$142,878 $142.9K
Market Conditions
NOI Build-Up for 1,153 SF
Gross rent
$19.6K $17.04/SF
− Vacancy
−$1.3K −$1.11/SF
EGI
$18.4K $15.93/SF
− OpEx
−$5.5K −$4.78/SF
NOI
$12.9K $11.15/SF
Area
Montgomery County, TX
Vacancy
6.50%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,180
Cap Rate 7%
$183,700
Cap Rate 9%
$142,878

Alternative Uses

Best Use
Multifamily LT 5
$183.7K
$160.7K – $214.3K (±1% cap)
NOI $12,859 @ 7.0% cap · market cap 3.43%
Second Best
Apartment 5plus
$173.1K
$151.4K – $201.9K (±1% cap)
NOI $12,115 @ 7.0% cap · market cap 3.23%
Theoretical Best
Specialty Retail
$291.1K
$254.7K – $339.6K (±1% cap)
NOI $20,375 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby

Demographics for 77378, TX

17,417
Population
6,503
Households
2.7
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
89.1 sq mi
ZIP Area
195
Density / Sq Mi
$68,595
Median Household Income
$38,221
Median Earnings
$1,408
Median Rent
$177,900
Median Home Value

Market

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 - Both residences offer open living areas, interior utility rooms, fenced outdoor space, and updated kitchen finishes.
Where is this duplex located?
The property is located at 496 Golden Street A/B Willis, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two 3‑bedroom, 2‑bath units; Built in 2024; Tile flooring throughout the duplex
More about this property
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