New Construction
5004 Carmen Street A-b, Houston, TX 77033
For Sale
$489,900
Two-story duplex with open living areas, a fireplace, and a kitchen island with seating.
Property Size2,561 SF
Price / SF$191.29
Days on Market70
Property Features for 5004 Carmen Street A-b
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Building Details
Year Built
Buildings
Stories
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License TX #0667248
(832) 524-4526
Source:
Thepikoffteam
Added: Sep 5
Changed: Nov 12
Last Checked: Nov 12 at 11:29AM
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 Brooks & Davis Real Estate
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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.
Built in 2026, this two-story duplex spans 2,561 square feet and presents a contemporary exterior with strong window detailing and broad glass areas. The interior includes an open-concept living space, custom accent-wall details, modern lighting, and a fireplace. The connected kitchen features a large island with seating. The property includes 3 bedrooms and 2 full bathrooms, with an upper-level owner’s suite featuring vaulted ceilings, decorative paneling, and oversized windows.
Located at 5004 Carmen Street A-B in Houston, the duplex is described as being minutes from the Texas Medical Center, Downtown, I-610, and SH-288. Its layout combines defined bedroom space with shared living and kitchen areas in a recently built residential income property.
Located at 5004 Carmen Street A-B in Houston, the duplex is described as being minutes from the Texas Medical Center, Downtown, I-610, and SH-288. Its layout combines defined bedroom space with shared living and kitchen areas in a recently built residential income property.
Key Highlights
- 2026‑built duplex with a two‑story layout
- 2,561 square feet of living space
- 3 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,543
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,860
$670.9K
Cap Rate 7%
$479,186
$479.2K
Cap Rate 9%
$372,700
$372.7K
Market Conditions
NOI Build-Up for 2,561 SF
Gross rent
$50.7K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$47.9K $18.71/SF
− OpEx
−$14.4K −$5.61/SF
NOI
$33.5K $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%
$670,860
Cap Rate 7%
$479,186
Cap Rate 9%
$372,700
Alternative Uses
Best Use
Multifamily LT 5
$479.2K
$419.3K – $559.1K
NOI $33,543 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$414.5K
$362.7K – $483.6K
NOI $29,014 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$658.5K
$576.2K – $768.3K
NOI $46,098 @ 7.0% cap · market cap 9.41%
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
471
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 - Two-story duplex with open living areas, a fireplace, and a kitchen island with seating.
Where is this duplex located?
The property is located at 5004 Carmen Street A-b Houston, TX.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: 2026‑built duplex with a two‑story layout; 2,561 square feet of living space; 3 bedrooms and 2 full bathrooms
