Fully Remodeled Duplex with Private
5903 Belneath Street Houston, TX 77033
For Sale
$299,000
Fully remodeled duplex on a corner lot with two updated units, each featuring its own private driveway and modern mechanicals.
Property Size1,765 SF
Price / SF$169.41
Days on Market52
Property Features for 5903 Belneath Street
General Information
- Standard status
- Active
- Size
- 1,765 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1960
Listing Agency:
Sierra Vista Realty LLC
(832) 552-7284
Listed By:
Sydne Holloway
(832) 552-7284
Source:
Garygreene
Added: Jun 5
Changed: Jul 21
Last Checked: Jul 26 at 3:45AM
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 Sierra Vista Realty LLC
Investment Insights
Based on property information with market context.
This fully remodeled duplex is set on a spacious corner lot and offers two separate units. The first unit has 4 bedrooms and 1 bathroom, and the second unit has 2 bedrooms and 1 bathroom. Both units have been updated with brand-new electrical and plumbing, along with new AC units, tankless water heaters, and appliances including dishwashers and stoves.
The property has a recently installed roof, supporting a move-in-ready, lower-maintenance ownership experience. Each unit also has its own private driveway for added independence between residents.
The layout is designed to provide comfortable living space in a duplex configuration, with renovations covering key systems and included appliances.
The property has a recently installed roof, supporting a move-in-ready, lower-maintenance ownership experience. Each unit also has its own private driveway for added independence between residents.
The layout is designed to provide comfortable living space in a duplex configuration, with renovations covering key systems and included appliances.
Key Highlights
- Fully remodeled duplex built in 1960 with 1,765 total building area on a 6,300 SF cleared corner lot.
- Two separate units, each with its own private driveway.
- Unit 1: 4 bedrooms and 1 bathroom; Unit 2: 2 bedrooms and 1 bathroom.
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 | $34.9k | $19.80 |
| − Vacancy | −$1.9k | −$1.09 |
| EGI | $33.0k | $18.71 |
| − OpEx | −$9.9k | −$5.61 |
| NOI | $23.1k | $13.10 |
1,765 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$330.2K
$289.0K – $385.3K
NOI $23,117 @ 7.0% cap · market cap 7.73%
Second Best
Apartment 5plus
$285.7K
$250.0K – $333.3K
NOI $19,996 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$453.9K
$397.1K – $529.5K
NOI $31,770 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully remodeled duplex on a corner lot with two updated units, each featuring its own private driveway and modern mechanicals.
Where is this duplex located?
The property is located at 5903 Belneath Street Houston, TX.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Fully remodeled duplex built in 1960 with 1,765 total building area on a 6,300 SF cleared corner lot.; Two separate units, each with its own private driveway.; Unit 1: 4 bedrooms and 1 bathroom; Unit 2: 2 bedrooms and 1 bathroom.
