Two-Unit Stacked
A-b-768 Lucky St, Houston, TX 77088
For Sale
$449,900
Both residences have three bedrooms, two bathrooms, and open-plan living areas.
Property Size2,800 SF
Price / SF$160.68
Days on Market12
Property Features for A-b-768 Lucky St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Listing Agency:
Brooks & Davis Real Estate
(713) 665-8329
Listed By:
Andre Beraud · License TX #0667248
(832) 524-4526
Source:
Exprealty
Added: Oct 30
Changed: Nov 10
Last Checked: Nov 10 at 2:11PM
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 Brooks & Davis Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Houston duplex is arranged as two stacked residences, each with three bedrooms and two bathrooms. The interiors include open-plan living areas, contemporary kitchens with countertops, and natural light.
Key Highlights
- Two stacked residential units
- Each unit has three bedrooms and two bathrooms
- Open‑plan living areas in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,674
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,480
$733.5K
Cap Rate 7%
$523,914
$523.9K
Cap Rate 9%
$407,489
$407.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$55.4K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$52.4K $18.71/SF
− OpEx
−$15.7K −$5.61/SF
NOI
$36.7K $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%
$733,480
Cap Rate 7%
$523,914
Cap Rate 9%
$407,489
Alternative Uses
Best Use
Multifamily LT 5
$523.9K
$458.4K – $611.2K
NOI $36,674 @ 7.0% cap · market cap 8.15%
Second Best
Apartment 5plus
$453.2K
$396.5K – $528.7K
NOI $31,722 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$720.0K
$630.0K – $840.0K
NOI $50,400 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
789
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
$173,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have three bedrooms, two bathrooms, and open-plan living areas.
Where is this duplex located?
The property is located at A-b-768 Lucky St Houston, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two stacked residential units; Each unit has three bedrooms and two bathrooms; Open‑plan living areas in both residences
