Residential Income
For Sale
$400,000
5101 Southwind Street, Houston, TX 77033
Duplex residential income property offered for sale in Houston, Texas.
Property Size2,356 SF
Price / SF$169.78
Days on Market64
Property Features for 5101 Southwind Street
General Information
Standard status
Active
Size
2,356 SF
Property subtype
Multi-Family
Amenities
Carpet,Tile
Yes
4
6
Appraiser
Ceiling Fan(s)
6555
2356
Building Details
Building Size
2,356 SF
Year Built
2021
Listing Agency:
Brooks & Davis Real Estate
(713) 825-9090
Listed By:
Bob Duerer
(713) 825-9090
Source:
Garygreene
Added: May 29
Changed: Jul 27
Last Checked: Jul 31 at 3:26AM
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
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 For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.6k | $19.80 |
| − Vacancy | −$2.6k | −$1.09 |
| EGI | $44.1k | $18.71 |
| − OpEx | −$13.2k | −$5.61 |
| NOI | $30.9k | $13.10 |
2,356 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
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.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
386
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
Questions? Ask Rey
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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 Street 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
