Modern Two-Unit
For Sale
$419,990
Ab-2120 Creston Drive, Houston, TX 77026
Each residence offers two bedrooms, two-and-a-half baths, and a designated private driveway.
Property Size2,332 SF
Price / SF$180.10
Days on Market104
Property Features for Ab-2120 Creston Drive
General Information
Standard status
Active
Size
2,332 SF
Property subtype
Residential Income
Building Details
Buildings
1
Listing Agency:
New Age
(713) 373-7401
Listed By:
Ashwin Kewalramani · License #0700464
(713) 373-7401
Source:
Exprealty
Added: Apr 20
Changed: Jul 31
Last Checked: Jul 31 at 6:55PM
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 New Age
Investment Insights
Based on property information with market context.
This pre-sale duplex is planned as a modern two-unit property on Creston Drive in Houston, Texas. Each unit includes two bedrooms, two-and-a-half baths, and over 1,000 square feet. The plan features hand-selected interior finishes from Hillstone Homes, with a classic design intended for long-term appeal. Each duplex has designated private driveways for the residences.
The property is designed for owners or tenants seeking separate two-bedroom residences within one building. Its layout is also positioned for house hacking, a use specifically identified for the plan. The address is Ab-2120 Creston Drive, Houston, TX 77026.
The property is designed for owners or tenants seeking separate two-bedroom residences within one building. Its layout is also positioned for house hacking, a use specifically identified for the plan. The address is Ab-2120 Creston Drive, Houston, TX 77026.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2.5 baths per unit
- Over 1,000 square feet per unit
- Designated private driveways for the residences
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 | $46.2k | $19.80 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $43.6k | $18.71 |
| − OpEx | −$13.1k | −$5.61 |
| NOI | $30.5k | $13.10 |
2,332 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$436.3K
$381.8K – $509.1K
NOI $30,544 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$377.4K
$330.3K – $440.3K
NOI $26,420 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$599.7K
$524.7K – $699.6K
NOI $41,976 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 77026, TX
23,405
Population
9,580
Households
2.4
Avg Household Size
36
Median Age
9%
College-Educated
70%
High-School Grad
6.6 sq mi
ZIP Area
3,546
Density / Sq Mi
$34,835
Median Household Income
$29,339
Median Earnings
$962
Median Rent
$104,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, two-and-a-half baths, and a designated private driveway.
Where is this duplex located?
The property is located at Ab-2120 Creston Drive Houston, TX.
What is the asking price?
The asking price for this property is $419,990.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2.5 baths per unit; Over 1,000 square feet per unit; Designated private driveways for the residences