2-Unit Duplex with
For Sale
$569,000
A-5106 Ricky St, Houston, TX 77033
Both residences offer open-concept living, three bedrooms, and private two-car garages.
Property Size3,926 SF
Price / SF$144.93
Days on Market9
Property Features for A-5106 Ricky St
General Information
Standard status
Active
Size
3,926 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,259
Building Details
Buildings
1
Listing Agency:
Douglas Elliman Real Estate
(281) 652-5588
Listed By:
Eric Gage · License #561466
(281) 703-9096
Source:
Exprealty
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 16 at 10:23AM
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 Douglas Elliman Real Estate
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Investment Insights
Based on property information with market context.
Newly constructed duplex comprising two residences, each with 3 bedrooms, 2.5 baths, and a two-car garage. Open-concept interiors feature high ceilings and 8-foot doors. Each kitchen is fitted with quartz countertops, soft-close cabinetry, and stainless steel appliances. Primary suites include oversized walk-in closets, dual vanities, and freestanding tubs. The building is elevated on concrete piers.
The property is within 10 minutes of Houston’s Medical Center, universities, Reliant Stadium, and Hobby Airport.
The property is within 10 minutes of Houston’s Medical Center, universities, Reliant Stadium, and Hobby Airport.
Key Highlights
- Two‑unit duplex with 3,926 square feet of property size
- Each residence has 3 bedrooms, 2.5 baths, and a two‑car garage
- Open‑concept layouts with high ceilings and 8‑foot doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,422
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,028,440
$1.0M
Cap Rate 7%
$734,600
$734.6K
Cap Rate 9%
$571,356
$571.4K
Market Conditions
NOI Build-Up for 3,926 SF
Gross rent
$77.7K $19.80/SF
− Vacancy
−$4.3K −$1.09/SF
EGI
$73.5K $18.71/SF
− OpEx
−$22.0K −$5.61/SF
NOI
$51.4K $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%
$1,028,440
Cap Rate 7%
$734,600
Cap Rate 9%
$571,356
Alternative Uses
Best Use
Multifamily LT 5
$734.6K
$642.8K – $857.0K
NOI $51,422 @ 7.0% cap · market cap 9.04%
Second Best
Apartment 5plus
$635.4K
$556.0K – $741.3K
NOI $44,478 @ 7.0% cap · market cap 7.82%
Theoretical Best
Office A
$1.01M
$883.4K – $1.18M
NOI $70,668 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
Explore this area
Business Placement
Demographics for 77033, TX
28,369
Population
10,228
Households
2.8
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
4,977
Density / Sq Mi
$37,081
Median Household Income
$28,459
Median Earnings
$1,204
Median Rent
$98,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer open-concept living, three bedrooms, and private two-car garages.
Where is this duplex located?
The property is located at A-5106 Ricky St Houston, TX.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑unit duplex with 3,926 square feet of property size; Each residence has 3 bedrooms, 2.5 baths, and a two‑car garage; Open‑concept layouts with high ceilings and 8‑foot doors
