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Duplex with Custom Interior Finishes

5111 Higgins St A-B, Houston, TX 77033

For Sale
New
$529,990

Each residence has three bedrooms, three bathrooms, and a private one-car garage.

Property Size2,622 SF
Days on Market1

Property Features for 5111 Higgins St A-B

General Information

Standard status Active
Size 2,622 SF
Property subtype Investment

Site & Location

Neighborhood South Park

Units

Unit Mix 2 x 3BR/3BA, 2 x 3BR/4BA
Multifamily Units 4

Building Details

Building Size 2,622 SF
Year Built 2026
Buildings 2
Stories 2
Listing Agency: The Goldstein Group LLC
Listed By: Chinonso Ochi-Okorie · License TX #0559334
Source: Elliman
Added: Nov 10 Last Checked: Nov 10 at 2:35PM

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 The Goldstein Group LLC

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Investment Insights

Based on property information with market context.

The front duplex contains two residences, each with approximately 1,311 square feet, three bedrooms, three bathrooms, and a one-car garage. Interior details include herringbone flooring, glass-front kitchen cabinetry, smart lighting, and a hardwood staircase with illuminated features. The property was built in 2026.

A larger duplex at the rear of the development is available separately or as part of a package with the front property. Each rear residence has three bedrooms, four bathrooms, approximately 1,915 square feet, and a two-car garage. The remarks also identify Houston Medical Center as nearby. The property has no HOA or deed restrictions and is not in a flood zone.

Key Highlights

  • Front duplex has two residences of approximately 1,311 square feet each
  • Each front residence offers 3 bedrooms, 3 bathrooms, and a 1‑car garage
  • Rear duplex units are approximately 1,915 square feet each, with 3 bedrooms, 4 bathrooms, and a 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,342
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,840 $686.8K
Cap Rate 7%
$490,600 $490.6K
Cap Rate 9%
$381,578 $381.6K
Market Conditions
NOI Build-Up for 2,622 SF
Gross rent
$51.9K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$49.1K $18.71/SF
− OpEx
−$14.7K −$5.61/SF
NOI
$34.3K $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%
$686,840
Cap Rate 7%
$490,600
Cap Rate 9%
$381,578

Alternative Uses

Best Use
Multifamily LT 5
$490.6K
$429.3K – $572.4K (±1% cap)
NOI $34,342 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$424.4K
$371.3K – $495.1K (±1% cap)
NOI $29,705 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$674.2K
$590.0K – $786.6K (±1% cap)
NOI $47,196 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

494
Businesses Nearby

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 Duplexes in Houston, TX

$199 Jul
$190 Aug
$184 Sep
$186 Oct

Properties on Market for Duplexes in Houston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms, three bathrooms, and a private one-car garage.
Where is this duplex located?
The property is located at 5111 Higgins St A-B Houston, TX.
What is the asking price?
The asking price for this property is $529,990.
What are key features of this property?
This property features: Front duplex has two residences of approximately 1,311 square feet each; Each front residence offers 3 bedrooms, 3 bathrooms, and a 1‑car garage; Rear duplex units are approximately 1,915 square feet each, with 3 bedrooms, 4 bathrooms, and a 2‑car garage
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