New Construction Duplex with Modern
For Sale
$539,900
5317 Nielan Street A-B, Houston, TX 77028
Contemporary duplex with stainless-steel appliances and connected living and dining areas.
Property Size3,246 SF
Price / SF$166.33
Days on Market53
Property Features for 5317 Nielan Street A-B
General Information
Standard status
Active
Size
3,246 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Settegast
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$331
Amenities
Vinyl
Yes
Builder
Cleared
5000
More than Two
Other
Garage,Garage Door Opener
3246
Building Details
Building Size
3,246 SF
Year Built
2026
Stories
2
Construction
contemporary
Listing Agency:
Compass RE Texas, LLC - Houston
(832) 899-4788
Listed By:
Saheed Jimoh · License #541645
(713) 409-4250
Source:
Garygreene
Added: Sep 15
Changed: Nov 4
Last Checked: Nov 4 at 10:33AM
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 Compass RE Texas, LLC - Houston
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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.
Completed in 2026, this 3,246-square-foot duplex combines a contemporary interior with a practical residential layout. The home includes three bedrooms, two full bathrooms, and a powder room, along with durable flooring and a kitchen equipped with stainless-steel appliances.
Living and dining areas are arranged for a connected daily-use and entertaining environment. The property is located at 5317 Nielan St A-B in Houston, Texas, with a Walk Score of 15, a Bike Score of 31, and a Transit Score of 27.
Living and dining areas are arranged for a connected daily-use and entertaining environment. The property is located at 5317 Nielan St A-B in Houston, Texas, with a Walk Score of 15, a Bike Score of 31, and a Transit Score of 27.
Key Highlights
- 3,246‑square‑foot duplex completed in 2026
- Three bedrooms, two full bathrooms, and a powder room
- Kitchen equipped with stainless‑steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,515
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$850,300
$850.3K
Cap Rate 7%
$607,357
$607.4K
Cap Rate 9%
$472,389
$472.4K
Market Conditions
NOI Build-Up for 3,246 SF
Gross rent
$64.3K $19.80/SF
− Vacancy
−$3.5K −$1.09/SF
EGI
$60.7K $18.71/SF
− OpEx
−$18.2K −$5.61/SF
NOI
$42.5K $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%
$850,300
Cap Rate 7%
$607,357
Cap Rate 9%
$472,389
Alternative Uses
Best Use
Multifamily LT 5
$607.4K
$531.4K – $708.6K
NOI $42,515 @ 7.0% cap · market cap 7.87%
Second Best
Apartment 5plus
$525.3K
$459.7K – $612.9K
NOI $36,774 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$834.7K
$730.4K – $973.8K
NOI $58,428 @ 7.0% cap · market cap 10.82%
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
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Contemporary duplex with stainless-steel appliances and connected living and dining areas.
Where is this duplex located?
The property is located at 5317 Nielan Street A-B Houston, TX.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 3,246‑square‑foot duplex completed in 2026; Three bedrooms, two full bathrooms, and a powder room; Kitchen equipped with stainless‑steel appliances
