New Construction Duplex Income
9913 Porto Rico Road Houston, TX 77041
9913 Porto Rico Road, Houston, TX, 77041
$540,000
For Sale
$540,000
Two-story duplex built in 2024 with five bedrooms and 2.5 baths per side, sold together as one property.
Property Size2,936 SF
Price / SF$183.92
Days on Market173
Property Features for 9913 Porto Rico Road
General Information
- Standard status
- Active
- Size
- 2,936 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2024
Listing agency
RE/MAX Signature
(713) 636-3015
Listed by
Chris Cantele · License #632947
(281) 413-3207
Source
Xome
Added: Jan 30 Updated: Jul 20 at 6:39PM Checked: Jul 22 at 3:54AM
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 RE/MAX Signature
Investment Insights
Based on property information with market context.
This newer-construction two-story duplex was built in 2024 and is offered for sale as one combined property. The building has two separate sides, each featuring five bedrooms and 2.5 bathrooms. The seller notes that one unit is currently leased, creating immediate rental income, while the second side may offer flexibility for additional income potential or owner use.
The property is located in the Carverdale area with easy access to US-290 and I-10.
With a matching layout on both sides and a modern construction date, the duplex is positioned for residential income use under an owner/investor structure.
The property is located in the Carverdale area with easy access to US-290 and I-10.
With a matching layout on both sides and a modern construction date, the duplex is positioned for residential income use under an owner/investor structure.
Key Highlights
- Duplex built in 2024; two‑story design sold together as one property
- Approximately 2,935 SF total with 5 bedrooms and 2.5 bathrooms on each side
- Central air with electric heat; tile and laminate flooring
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 | $58.1k | $19.80 |
| − Vacancy | −$3.2k | −$1.09 |
| EGI | $54.9k | $18.71 |
| − OpEx | −$16.5k | −$5.61 |
| NOI | $38.5k | $13.10 |
2,936 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$549.4K
$480.7K – $640.9K
NOI $38,455 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$475.2K
$415.8K – $554.4K
NOI $33,262 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$755.0K
$660.6K – $880.8K
NOI $52,848 @ 7.0% cap · market cap 9.79%
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 - Two-story duplex built in 2024 with five bedrooms and 2.5 baths per side, sold together as one property.
Where is this duplex located?
The property is located at 9913 Porto Rico Road Houston, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Duplex built in 2024; two‑story design sold together as one property; Approximately 2,935 SF total with 5 bedrooms and 2.5 bathrooms on each side; Central air with electric heat; tile and laminate flooring
