New Construction Duplex with Private
For Sale
$397,850
A-b-2022 Hampton St, Houston, TX 77088
Two-story residences feature open layouts, private yards, and kitchens finished with granite and stainless steel appliances.
Property Size2,656 SF
Price / SF$149.79
Days on Market227
Property Features for A-b-2022 Hampton St
General Information
Standard status
Active
Size
2,656 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Acres Home
Taxes and HOA fees
Annual Taxes
$1,226
Listing Agency:
eXp Realty
(888) 519-7431
Listed By:
Jeffrey Whitespeare
(713) 858-7686
Source:
Exprealty
Added: Mar 14
Changed: Oct 25
Last Checked: Oct 24 at 6:41PM
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 eXp Realty
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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.
This newly constructed duplex contains two two-story residences, each with 3 bedrooms and 2.5 baths. The interiors use open-concept layouts with LVP flooring, while the kitchens combine granite countertops with stainless steel appliances. Both units include a private yard and an upstairs primary suite with an en-suite bath and large closet.
The property is in Houston near Oak Forest and The Heights, with access to major routes including 610 and I-45. Its separate residential layouts and newer construction provide a low-maintenance configuration for occupants or rental use.
The property is in Houston near Oak Forest and The Heights, with access to major routes including 610 and I-45. Its separate residential layouts and newer construction provide a low-maintenance configuration for occupants or rental use.
Key Highlights
- Two‑unit duplex with 3‑bedroom, 2.5‑bath residences
- New construction with two‑story layouts and LVP flooring
- Open‑concept living areas connect directly to the kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,787
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$695,740
$695.7K
Cap Rate 7%
$496,957
$497.0K
Cap Rate 9%
$386,522
$386.5K
Market Conditions
NOI Build-Up for 2,656 SF
Gross rent
$52.6K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$49.7K $18.71/SF
− OpEx
−$14.9K −$5.61/SF
NOI
$34.8K $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%
$695,740
Cap Rate 7%
$496,957
Cap Rate 9%
$386,522
Alternative Uses
Best Use
Multifamily LT 5
$497.0K
$434.8K – $579.8K
NOI $34,787 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$429.9K
$376.1K – $501.5K
NOI $30,090 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$683.0K
$597.6K – $796.8K
NOI $47,808 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
268
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 - Two-story residences feature open layouts, private yards, and kitchens finished with granite and stainless steel appliances.
Where is this duplex located?
The property is located at A-b-2022 Hampton St Houston, TX.
What is the asking price?
The asking price for this property is $397,850.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 2.5‑bath residences; New construction with two‑story layouts and LVP flooring; Open‑concept living areas connect directly to the kitchens
