New Construction
For Sale
$489,900
5004 Carmen Street Unit CD, Houston, TX 77033
A two-level layout pairs an open living area with an island kitchen and fireplace.
Property Size2,561 SF
Price / SF$191.29
Days on Market148
Property Features for 5004 Carmen Street Unit CD
General Information
Standard status
Active
Size
2,561 SF
Property subtype
Residential Income / Duplex
Site & Location
Neighborhood
South Park
Highway Access
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,231
Amenities
Two
Central Air, Electric
Central, Electric, Gas
2
Yes
3
Composition
No
Building Details
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Compass
Added: Jun 8
Changed: Nov 1
Last Checked: Nov 1 at 2:57PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, this two-story duplex contains 2,561 square feet. The interior features an open living area, an island kitchen with seating, custom wall detailing, modern light fixtures, and a fireplace. The upper-level owner’s suite has vaulted ceilings, decorative paneling, and large windows.
The property is in Houston, with access to the Texas Medical Center, Downtown, I-610, and SH-288 described as minutes away.
The property is in Houston, with access to the Texas Medical Center, Downtown, I-610, and SH-288 described as minutes away.
Key Highlights
- 2,561‑square‑foot duplex
- Built in 2026
- Two‑story configuration
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - A two-level layout pairs an open living area with an island kitchen and fireplace.
Where is this duplex located?
The property is located at 5004 Carmen Street Unit CD 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: 2,561‑square‑foot duplex; Built in 2026; Two‑story configuration
