New Construction
For Sale
$585,000
902 Ringold Street Unit A/B, Houston, TX 77088
Corner-lot duplex with two residences, private entrances, outdoor areas, and attached two-car garages.
Property Size2,960 SF
Days on Market73
Property Features for 902 Ringold Street Unit A/B
General Information
Standard status
Active
Size
2,960 SF
Total Parking Spaces
4
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Acres Home
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Parking per Unit
2
Building Details
Building Size
2,960 SF
Year Built
2026
Buildings
1
Listing Agency:
Nextgen Real Estate Properties
Listed By:
Norisha Johnson
(346) 304-1590
Source:
Nancyalmodovar
Added: Aug 15
Changed: Oct 24
Last Checked: Oct 24 at 11:42PM
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 Nextgen Real Estate Properties
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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 duplex includes two residences, each with 3 bedrooms, 3.5 baths, and a private 2-car garage. The interiors feature high ceilings, oversized windows, modern fireplaces, and European-inspired kitchens with wood cabinetry and waterfall islands. Primary suites include freestanding soaking tubs, large glass showers, dual floating vanities, and walk-in closets, while the secondary bathrooms continue the contemporary design approach.
Positioned on a corner lot at 902 Ringold Street in Houston’s Highland Heights, the property gives each residence a separate entrance and its own outdoor space. The two-unit configuration and distinct residential layouts support owner-occupancy or separate household use, as reflected in the design of each home.
Positioned on a corner lot at 902 Ringold Street in Houston’s Highland Heights, the property gives each residence a separate entrance and its own outdoor space. The two-unit configuration and distinct residential layouts support owner-occupancy or separate household use, as reflected in the design of each home.
Key Highlights
- Duplex completed in 2026
- Each residence offers 3 bedrooms and 3.5 baths
- Private 2‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,769
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$775,380
$775.4K
Cap Rate 7%
$553,843
$553.8K
Cap Rate 9%
$430,767
$430.8K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$58.6K $19.80/SF
− Vacancy
−$3.2K −$1.09/SF
EGI
$55.4K $18.71/SF
− OpEx
−$16.6K −$5.61/SF
NOI
$38.8K $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%
$775,380
Cap Rate 7%
$553,843
Cap Rate 9%
$430,767
Alternative Uses
Best Use
Multifamily LT 5
$553.8K
$484.6K – $646.2K
NOI $38,769 @ 7.0% cap · market cap 6.63%
Second Best
Apartment 5plus
$479.1K
$419.2K – $558.9K
NOI $33,534 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$761.1K
$666.0K – $888.0K
NOI $53,280 @ 7.0% cap · market cap 9.11%
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
599
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with two residences, private entrances, outdoor areas, and attached two-car garages.
Where is this duplex located?
The property is located at 902 Ringold Street Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Duplex completed in 2026; Each residence offers 3 bedrooms and 3.5 baths; Private 2‑car garage for each residence
