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    New Construction Duplex Near Downtown Title is generated by Realmo AI

    8012 Miley St, Houston, TX 77028

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    Modern duplex with open layouts, ideal for investors/owner-occupants.

    Type:Multifamily
    Property size:
    2,500 SF
    Price / SF:
    $162/SF
    Added:
    Feb 4, 2026
    Days on Market:
    155
    Last Refresh:
    Jun 26 at 8:11 am

    Property Features for 8012 Miley St

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    2025

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    ADEWALE LAWAL

    Listing office NetWorth Builders

    Listing date Feb 4, 2026

    Source Crexi

    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 NetWorth Builders

    HighLights

    • New construction, completed in 2025 and never lived in.
    • Just 15 minutes from Downtown Houston.
    • Each unit features 3 bedrooms and 2 bathrooms.
    • Enjoy open‑concept layouts with modern finishes.
    • Fully fenced backyard.
    • Ideal for investors or owner‑occupants.

    Overview

    This newly constructed duplex, never previously occupied, offers a contemporary design suitable for investors or owner-occupants. Located approximately 15 minutes from Downtown Houston, the property features two units, each with three bedrooms and two bathrooms. The units have open-concept layouts, wood-look flooring, recessed lighting, and ample natural light. Kitchens are equipped with white cabinetry, dark contrasting countertops, oversized islands, and contemporary fixtures. Bedrooms include ceiling fans and generous closet space, complemented by modern finishes. Bathrooms feature stylish tilework and modern vanities. A fully fenced backyard provides privacy. The property, totaling 2500 square feet, is suited for house hacking, long-term rentals, or multi-generational living.

    Local 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 $49.5k $19.80
    − Vacancy −$2.7k −$1.09
    EGI $46.8k $18.71
    − OpEx −$14.0k −$5.61
    NOI $32.7k $13.10
    2,500 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $467.8K
    $409.3K – $545.7K (±1% cap)
    NOI $32,744 @ 7.0% cap · market cap 8.08%
    Second Best
    Apartment 5plus
    $404.6K
    $354.0K – $472.1K (±1% cap)
    NOI $28,323 @ 7.0% cap · market cap 6.99%
    Theoretical Best
    Office A
    $642.9K
    $562.5K – $750.0K (±1% cap)
    NOI $45,000 @ 7.0% cap · market cap 11.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Dental Office Spa & Massage Center Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Restaurant Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.28043
    Latitude
    29.81659

    FAQs

    What type of property is this?
    Duplex - Modern duplex with open layouts, ideal for investors/owner-occupants.
    Where is this duplex located?
    The property is located at 8012 Miley St Houston, TX.
    What is the asking price?
    The asking price for this property is $405,000.
    What are key features of this property?
    This property features: New construction, completed in 2025 and never lived in.; Just 15 minutes from Downtown Houston.; Each unit features 3 bedrooms and 2 bathrooms.
    More about this property
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