Residential Income
For Sale
$400,000
5101 Southwind St, Houston, TX 77033
Duplex residential income property offered for sale in Houston, Texas.
Property Size2,356 SF
Price / SF$169.78
Days on Market158
Property Features for 5101 Southwind St
General Information
Standard status
Active
Size
2,356 SF
Property subtype
Residential Income
Site & Location
Neighborhood
South Park
Taxes and HOA fees
Annual Taxes
$8,179
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Warren Colbert
(832) 385-3130
Source:
Exprealty
Added: May 29
Changed: Oct 25
Last Checked: Nov 1 at 7:03AM
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 eXp Realty LLC
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.
This for-sale residential income duplex is a multifamily property structured as two units within a single building. The property is offered at a listed price of $400,000.
Located at 5101 Southwind Street in Houston, Texas 77033, the asset’s residential layout provides income-oriented ownership for buyers seeking duplex-style housing.
The property includes a total size of 2,356 square feet.
Located at 5101 Southwind Street in Houston, Texas 77033, the asset’s residential layout provides income-oriented ownership for buyers seeking duplex-style housing.
The property includes a total size of 2,356 square feet.
Key Highlights
- Duplex residential income property in Houston, TX
- Built in 2021
- 6 bedrooms and 4 total baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,858
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,160
$617.2K
Cap Rate 7%
$440,829
$440.8K
Cap Rate 9%
$342,867
$342.9K
Market Conditions
NOI Build-Up for 2,356 SF
Gross rent
$46.6K $19.80/SF
− Vacancy
−$2.6K −$1.09/SF
EGI
$44.1K $18.71/SF
− OpEx
−$13.2K −$5.61/SF
NOI
$30.9K $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%
$617,160
Cap Rate 7%
$440,829
Cap Rate 9%
$342,867
Alternative Uses
Best Use
Multifamily LT 5
$440.8K
$385.7K – $514.3K
NOI $30,858 @ 7.0% cap · market cap 7.71%
Second Best
Apartment 5plus
$381.3K
$333.7K – $444.9K
NOI $26,692 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$605.8K
$530.1K – $706.8K
NOI $42,408 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
458
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex residential income property offered for sale in Houston, Texas.
Where is this duplex located?
The property is located at 5101 Southwind St Houston, TX.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Duplex residential income property in Houston, TX; Built in 2021; 6 bedrooms and 4 total baths
