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Modern Stacked Duplex

768 Lucky St A-B, Houston, TX 77088

For Sale
$449,900

Both homes have three bedrooms, two bathrooms, and open-plan living areas.

Property Size2,800 SF
Days on Market10

Property Features for 768 Lucky St A-B

General Information

Standard status Active
Size 2,800 SF
Property subtype Investment

Site & Location

Neighborhood Acres Home

Taxes and HOA fees

Annual Taxes $8,770

Building Details

Building Size 2,800 SF
Year Built 2023
Stories 2
Units 1
Listing Agency: Brooks & Davis Real Estate
Listed By: Andre Beraud · License TX #0667248
Source: Elliman
Added: Nov 1 Changed: Nov 7 Last Checked: Nov 10 at 8:57AM

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 Brooks & Davis Real Estate

Rey
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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.

Built in 2023, this Houston duplex is arranged as two stacked residences. Each home contains three bedrooms and two bathrooms, with an open-concept living area and a modern kitchen featuring countertops and natural light.

The property is at 768 Lucky St A-B. Its reported scores are 62 for walkability, 51 for transit, and 47 for biking.

Key Highlights

  • Two stacked residences, each with 3 bedrooms and 2 bathrooms
  • Built in 2023
  • Open‑concept living areas and modern kitchens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,674
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480 $733.5K
Cap Rate 7%
$523,914 $523.9K
Cap Rate 9%
$407,489 $407.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$55.4K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$52.4K $18.71/SF
− OpEx
−$15.7K −$5.61/SF
NOI
$36.7K $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%
$733,480
Cap Rate 7%
$523,914
Cap Rate 9%
$407,489

Alternative Uses

Best Use
Multifamily LT 5
$523.9K
$458.4K – $611.2K (±1% cap)
NOI $36,674 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$453.2K
$396.5K – $528.7K (±1% cap)
NOI $31,722 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$720.0K
$630.0K – $840.0K (±1% cap)
NOI $50,400 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby

Demographics for 77088, TX

54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
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 - Both homes have three bedrooms, two bathrooms, and open-plan living areas.
Where is this duplex located?
The property is located at 768 Lucky St A-B Houston, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two stacked residences, each with 3 bedrooms and 2 bathrooms; Built in 2023; Open‑concept living areas and modern kitchens
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Includes: Price & PSF · Cap rate · Location · Zoning

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