New Construction Three-Story
For Sale
$629,000
5000 Higgins Street #A and B, Houston, TX 77033
Two residential units offer ensuite bedrooms, contemporary interiors, and private third-floor balconies.
Property Size3,600 SF
Days on Market353
Property Features for 5000 Higgins Street #A and B
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Duplex
Site & Location
Neighborhood
South Park
Building Details
Building Size
3,600 SF
Year Built
2025
Stories
3
Listing Agency:
KBH Signature Realty Group
Listed By:
Kim Barnes-Henson · License #0460825
(713) 742-2424
Source:
Renesorola.kw
Added: Nov 7, 2025
Changed: Oct 25
Last Checked: Oct 24 at 1:47PM
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 duplex includes two three-story residential units with three bedrooms and 3.5 bathrooms apiece. Each residence is arranged around an open-concept layout and finished with modern design elements. Private balconies on the third floor extend the living area outdoors, while ensuite bathrooms accompany every bedroom for added privacy and convenience.
Located at 5000 Higgins Street in Houston, the property is positioned near major highways, shopping, and dining. The configuration provides separate residences within one newly constructed asset, with features suited to both owner-occupancy and investment use.
Located at 5000 Higgins Street in Houston, the property is positioned near major highways, shopping, and dining. The configuration provides separate residences within one newly constructed asset, with features suited to both owner-occupancy and investment use.
Key Highlights
- 2025 new construction duplex at 5000 Higgins Street #A and B
- Each unit spans 3 stories with 3 bedrooms and 3.5 bathrooms
- Every bedroom includes a private ensuite bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,152
Cap Rate
7.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$943,040
$943.0K
Cap Rate 7%
$673,600
$673.6K
Cap Rate 9%
$523,911
$523.9K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$71.3K $19.80/SF
− Vacancy
−$3.9K −$1.09/SF
EGI
$67.4K $18.71/SF
− OpEx
−$20.2K −$5.61/SF
NOI
$47.2K $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%
$943,040
Cap Rate 7%
$673,600
Cap Rate 9%
$523,911
Alternative Uses
Best Use
Multifamily LT 5
$673.6K
$589.4K – $785.9K
NOI $47,152 @ 7.0% cap · market cap 7.50%
Second Best
Apartment 5plus
$582.6K
$509.8K – $679.8K
NOI $40,785 @ 7.0% cap · market cap 6.48%
Theoretical Best
Office A
$925.7K
$810.0K – $1.08M
NOI $64,800 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
377
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 residential units offer ensuite bedrooms, contemporary interiors, and private third-floor balconies.
Where is this duplex located?
The property is located at 5000 Higgins Street #A and B Houston, TX.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 2025 new construction duplex at 5000 Higgins Street #A and B; Each unit spans 3 stories with 3 bedrooms and 3.5 bathrooms; Every bedroom includes a private ensuite bathroom
