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New Construction Duplex with Garages
For Sale
$499,900

5115 Briscoe Street Unit A/B, Houston, TX 77033

Each residence offers a private driveway, a two-car garage, and a spacious backyard.

Property Size2,676 SF
Days on Market16

Property Features for 5115 Briscoe Street Unit A/B

General Information

Standard status Active
Size 2,676 SF
Total Parking Spaces 4
Property subtype Multi Family,Duplex

Site & Location

Neighborhood South Park

Units

Multifamily Units 2
Parking per Unit 2

Amenities

backyard

Building Details

Building Size 2,676 SF
Year Built 2026
Buildings 1
Listing Agency: Intown Homes
Listed By: Emily Wang
Source: Nancyalmodovar
Added: Oct 11 Changed: Oct 25 Last Checked: Oct 24 at 11:12PM

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 Intown Homes

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Investment Insights

Based on property information with market context.

Completed in 2026, this duplex is arranged as two residences, each with two bedrooms on the second level. The living areas have 10-foot ceilings, while the primary bedrooms feature walk-in closets and ceilings ranging from 9 to 11 feet. Kitchens and bathrooms include granite countertops and custom wood cabinetry with soft-close hardware. Wide-plank laminate flooring provides a consistent finish throughout each unit.

Both residences have separate driveways, private two-car garages, and backyards measuring 19 by 36 feet. The bedrooms are positioned on opposite sides of the upper level, providing separation within each home.

Key Highlights

  • Two residences, each with a private 2‑car garage and driveway
  • Both backyards measure 19ft x 36ft
  • 10‑ft ceilings in each living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,049
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,980 $701.0K
Cap Rate 7%
$500,700 $500.7K
Cap Rate 9%
$389,433 $389.4K
Market Conditions
NOI Build-Up for 2,676 SF
Gross rent
$53.0K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$50.1K $18.71/SF
− OpEx
−$15.0K −$5.61/SF
NOI
$35.0K $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%
$700,980
Cap Rate 7%
$500,700
Cap Rate 9%
$389,433

Alternative Uses

Best Use
Multifamily LT 5
$500.7K
$438.1K – $584.2K (±1% cap)
NOI $35,049 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$433.1K
$379.0K – $505.3K (±1% cap)
NOI $30,317 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$688.1K
$602.1K – $802.8K (±1% cap)
NOI $48,168 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

378
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

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 offers a private driveway, a two-car garage, and a spacious backyard.
Where is this duplex located?
The property is located at 5115 Briscoe Street Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two residences, each with a private 2‑car garage and driveway; Both backyards measure 19ft x 36ft; 10‑ft ceilings in each living area
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