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Duplex with Smart Thermostat
New
For Sale
$609,990

5250 & 5252 Texas Street, Houston, TX 77011

Kitchen equipment includes a range, disposal, microwave, and dishwasher, with ENERGY STAR-qualified appliances.

Property Size3,296 SF
Price / SF$185.07
Days on Market3

Property Features for 5250 & 5252 Texas Street

General Information

Standard status Active
Size 3,296 SF
Property subtype Residential Income

Site & Location

Neighborhood Second Ward

Taxes and HOA fees

Annual Taxes $2,022

Amenities

Dog Park, Trash, Water
Ceiling Fan(s), Electric
Natural Gas
Range, ENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
Smart Thermostat
Garage Door Opener

Building Details

Building Size 3,296 SF
Year Built 2026
Stories 2
Listing Agency: ATLAS REAL ESTATE
Listed By: Zain Momin
Source: Evrealestate
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 5:31PM

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 ATLAS REAL ESTATE

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex was built in 2026 and includes ceiling fans, a smart thermostat, and natural gas service. The kitchen is equipped with a range, disposal, microwave, and dishwasher; the listed appliances are ENERGY STAR qualified. A garage door opener is also included.

Key Highlights

  • Built in 2026
  • Kitchen includes an ENERGY STAR‑qualified range, disposal, microwave, and dishwasher
  • Smart thermostat and ceiling fans

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,170
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$863,400 $863.4K
Cap Rate 7%
$616,714 $616.7K
Cap Rate 9%
$479,667 $479.7K
Market Conditions
NOI Build-Up for 3,296 SF
Gross rent
$65.3K $19.80/SF
− Vacancy
−$3.6K −$1.09/SF
EGI
$61.7K $18.71/SF
− OpEx
−$18.5K −$5.61/SF
NOI
$43.2K $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%
$863,400
Cap Rate 7%
$616,714
Cap Rate 9%
$479,667

Alternative Uses

Best Use
Multifamily LT 5
$616.7K
$539.6K – $719.5K (±1% cap)
NOI $43,170 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$533.4K
$466.8K – $622.4K (±1% cap)
NOI $37,341 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$847.5K
$741.6K – $988.8K (±1% cap)
NOI $59,328 @ 7.0% cap · market cap 9.73%
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

903
Businesses Nearby

Demographics for 77011, TX

16,841
Population
7,366
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
59%
High-School Grad
3.4 sq mi
ZIP Area
4,953
Density / Sq Mi
$49,163
Median Household Income
$36,517
Median Earnings
$1,063
Median Rent
$187,100
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

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

Frequently Asked Questions

What type of property is this?
Duplex - Kitchen equipment includes a range, disposal, microwave, and dishwasher, with ENERGY STAR-qualified appliances.
Where is this duplex located?
The property is located at 5250 & 5252 Texas Street Houston, TX.
What is the asking price?
The asking price for this property is $609,990.
What are key features of this property?
This property features: Built in 2026; Kitchen includes an ENERGY STAR‑qualified range, disposal, microwave, and dishwasher; Smart thermostat and ceiling fans
More about this property
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