New Construction
5004 Carmen Street A-d, Houston, TX 77033
For Sale
$979,900
Four residences feature three bedrooms, two full bathrooms, open living areas, fireplaces, and island kitchens.
Property Size5,122 SF
Price / SF$191.31
Days on Market85
Property Features for 5004 Carmen Street A-d
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Stories
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License TX #0667248
(832) 524-4526
Source:
Nova-era
Added: Aug 23
Changed: Nov 11
Last Checked: Nov 14 at 8:43AM
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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Investment Insights
Based on property information with market context.
Completed in 2026, this two-story quadplex contains two duplex structures with four residential units. Each unit is described with three bedrooms and two full bathrooms, along with open-concept living areas, contemporary lighting, accent wall treatments, and a fireplace. Kitchens include large islands with seating, while owner's suites offer vaulted ceilings, decorative paneling, and oversized windows.
The property is located in Houston, minutes from the Texas Medical Center and Downtown, with access to I-610 and SH-288. Its design combines modern interior finishes with a multi-unit configuration suited to residential income use.
The property is located in Houston, minutes from the Texas Medical Center and Downtown, with access to I-610 and SH-288. Its design combines modern interior finishes with a multi-unit configuration suited to residential income use.
Key Highlights
- 2026 construction with a two‑story fourplex configuration
- Two duplex structures comprising four 3‑bedroom, 2‑bath units
- Open‑concept living areas with fireplaces and modern lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,086
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,341,720
$1.3M
Cap Rate 7%
$958,371
$958.4K
Cap Rate 9%
$745,400
$745.4K
Market Conditions
NOI Build-Up for 5,122 SF
Gross rent
$101.4K $19.80/SF
− Vacancy
−$5.6K −$1.09/SF
EGI
$95.8K $18.71/SF
− OpEx
−$28.8K −$5.61/SF
NOI
$67.1K $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%
$1,341,720
Cap Rate 7%
$958,371
Cap Rate 9%
$745,400
Alternative Uses
Best Use
Multifamily LT 5
$958.4K
$838.6K – $1.12M
NOI $67,086 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$829.0K
$725.4K – $967.1K
NOI $58,028 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,196 @ 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
4
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 Quadplexes in Houston, TX
Properties on Market for Quadplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences feature three bedrooms, two full bathrooms, open living areas, fireplaces, and island kitchens.
Where is this quadplex located?
The property is located at 5004 Carmen Street A-d Houston, TX.
What is the asking price?
The asking price for this property is $979,900.
What are key features of this property?
This property features: 2026 construction with a two‑story fourplex configuration; Two duplex structures comprising four 3‑bedroom, 2‑bath units; Open‑concept living areas with fireplaces and modern lighting
