New Construction Duplex in
For Sale
$629,000
5000 Higgins St A and B, Houston, TX 77033
New construction duplex with modern finishes, ideal for investors.
Property Size3,600 SF
Days on Market332
Property Features for 5000 Higgins St A and B
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Investment
Site & Location
Neighborhood
South Park
Building Details
Building Size
3,600 SF
Year Built
2025
Stories
3
Units
2
Listing Agency:
KBH Signature Realty Group
Listed By:
Kim Barnes-Henson · License #0460825
(713) 742-2424
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 14
Last Checked: Oct 24 at 7:36PM
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.
This new construction duplex is located in the 77033 area. Each of the two units features a three-story layout with three bedrooms and three and a half bathrooms. The units offer a spacious, open-concept design and modern finishes. A private balcony on the third floor of each unit provides an outdoor space. Each bedroom includes an ensuite bathroom. The property offers convenient access to major highways, shopping, and dining. This property is suitable for both owner-occupants and investors.
Key Highlights
- New construction duplex (built in 2025) in 77033.
- Each unit has 3 stories, 3 bedrooms, and 3.5 bathrooms.
- Each bedroom features an 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.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
454
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New construction duplex with modern finishes, ideal for investors.
Where is this duplex located?
The property is located at 5000 Higgins St 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: New construction duplex (built in 2025) in 77033.; Each unit has 3 stories, 3 bedrooms, and 3.5 bathrooms.; Each bedroom features an ensuite bathroom.
