New Construction
5004 Carmen St A-D, Houston, TX 77033
For Sale
New
$999,800
Four three-bedroom, two-bath units are arranged across two duplex buildings with open living areas and modern kitchens.
Property Size5,122 SF
Days on Market5
Property Features for 5004 Carmen St A-D
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License TX #0667248
(832) 524-4526
Source:
Elliman
Added: Nov 6
Last Checked: Nov 8 at 6:12AM
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 fourplex consists of two duplex buildings, each with two three-bedroom, two-full-bath units. Open-concept living areas connect to kitchens with large islands and seating. Interior details include fireplaces, accent walls, contemporary lighting, and owner's suites with vaulted ceilings and oversized windows.
The property is at 5004 Carmen St in Houston, with access to I-610 and SH-288. The Texas Medical Center and Downtown are described as minutes away. Walk Score is 47, Transit Score is 46, and Bike Score is 38.
The property is at 5004 Carmen St in Houston, with access to I-610 and SH-288. The Texas Medical Center and Downtown are described as minutes away. Walk Score is 47, Transit Score is 46, and Bike Score is 38.
Key Highlights
- Four units, each with 3 bedrooms and 2 full bathrooms
- Built in 2026; two‑story configuration
- Two duplex buildings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,086
Cap Rate
6.71%
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 6.71%
Second Best
Apartment 5plus
$829.0K
$725.4K – $967.1K
NOI $58,028 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,196 @ 7.0% cap · market cap 9.22%
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 three-bedroom, two-bath units are arranged across two duplex buildings with open living areas and modern kitchens.
Where is this quadplex located?
The property is located at 5004 Carmen St A-D Houston, TX.
What is the asking price?
The asking price for this property is $999,800.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 2 full bathrooms; Built in 2026; two‑story configuration; Two duplex buildings
