New Construction Duplex with 3
968 South Lane A/B Houston, TX 77088
New
968 South Lane A/B, Houston, TX, 77088
$445,000
For Sale
$445,000
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 Market6
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 Updated: Jul 21 at 4:21AM Checked: Jul 21 at 4:21AM
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
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 | $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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
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
