New Construction Duplex with 3
For Sale
$445,000
968 South Lane A/B, Houston, TX 77088
Brand-new duplex units offer 3 bed, 2 bath layouts with quartz countertops and waterproof wood-look vinyl plank flooring.
Property Size2,560 SF
Price / SF$173.83
Days on Market15
Property Features for 968 South Lane A/B
General Information
Standard status
Active
Size
2,560 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
Real Properties
(903) 258-5338
Listed By:
Carlos Garcia
(903) 258-5338
Source:
Garygreene
Added: Jul 17
Changed: Jul 21
Last Checked: Jul 31 at 3:34AM
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 Real Properties
Investment Insights
Based on property information with market context.
This brand-new duplex provides a flexible residential income setup with 3-bedroom, 2-bath configurations. Interior finishes include a neutral color scheme, black fixtures with elegant accents, an open-concept kitchen with quartz countertops, and an oversized living room with ample lighting. Flooring features waterproof wood-look vinyl plank in durable common areas, with cozy carpeting in the bedrooms and a primary suite designed for comfortable everyday living.
The property is located at 968 South Lane A/B in Houston, TX 77088. A StrucSure 1-2-10 builder warranty is included for added peace of mind. The seller notes there are no HOA restrictions, allowing for flexibility with investment strategies.
The duplex format supports options such as occupying one side while leasing the other, with additional mentions of potential for long-term rentals or short-term rental use, including an Airbnb business.
The property is located at 968 South Lane A/B in Houston, TX 77088. A StrucSure 1-2-10 builder warranty is included for added peace of mind. The seller notes there are no HOA restrictions, allowing for flexibility with investment strategies.
The duplex format supports options such as occupying one side while leasing the other, with additional mentions of potential for long-term rentals or short-term rental use, including an Airbnb business.
Key Highlights
- New construction duplex units built in 2026, offering 3 bedrooms and 2 bathrooms per unit
- 2,560 total building area and 7,200 lot size (per survey) for the property
- Open‑concept kitchen features quartz countertops
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 | $50.7k | $19.80 |
| − Vacancy | −$2.8k | −$1.09 |
| EGI | $47.9k | $18.71 |
| − OpEx | −$14.4k | −$5.61 |
| NOI | $33.5k | $13.10 |
2,560 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$479.0K
$419.1K – $558.8K
NOI $33,530 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$414.3K
$362.5K – $483.4K
NOI $29,003 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
321
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Brand-new duplex units offer 3 bed, 2 bath layouts with quartz countertops and waterproof wood-look vinyl plank flooring.
Where is this duplex located?
The property is located at 968 South Lane A/B Houston, TX.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: New construction duplex units built in 2026, offering 3 bedrooms and 2 bathrooms per unit; 2,560 total building area and 7,200 lot size (per survey) for the property; Open‑concept kitchen features quartz countertops
