Gated New-Construction
For Sale
$545,000
Ab-4125 Clover St, Houston, TX 77051
Two residential units feature open layouts, private security fencing, and planned stainless-steel appliance packages.
Property Size3,237 SF
Price / SF$168.37
Days on Market27
Property Features for Ab-4125 Clover St
General Information
Standard status
Active
Size
3,237 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
gated
Building Details
Buildings
1
Listing Agency:
SERHANT.
(253) 343-3935
Listed By:
Shanee Dunbar
(253) 343-3935
Source:
Exprealty
Added: Aug 7
Changed: Sep 2
Last Checked: Sep 2 at 12:49AM
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 SERHANT.
Investment Insights
Based on property information with market context.
This newly built, fully gated duplex contains two residential units with 3 bedrooms and 2.5 bathrooms each. Both residences use open-concept layouts centered on spacious 7-foot kitchen islands. A stainless-steel appliance package, including a refrigerator, is scheduled for installation before closing. The property provides 3,237 square feet of total building area.
The duplex is located at Ab-4125 Clover St in Houston, minutes from Downtown Houston and the Texas Medical Center, with access to major highways. Its location also places the property near dining, entertainment, and major employment centers.
The duplex is located at Ab-4125 Clover St in Houston, minutes from Downtown Houston and the Texas Medical Center, with access to major highways. Its location also places the property near dining, entertainment, and major employment centers.
Key Highlights
- New construction with fully gated site
- Two units, each with 3 bedrooms and 2.5 bathrooms
- 3,237 square feet of total building area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$42,397
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$847,940
$847.9K
Cap Rate 7%
$605,671
$605.7K
Cap Rate 9%
$471,078
$471.1K
Market Conditions
NOI Build-Up for 3,237 SF
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.
Gross rent
$64.1K $19.80/SF
− Vacancy
−$3.5K −$1.09/SF
EGI
$60.6K $18.71/SF
− OpEx
−$18.2K −$5.61/SF
NOI
$42.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$847,940
Cap Rate 7%
$605,671
Cap Rate 9%
$471,078
Alternative Uses
Best Use
Multifamily LT 5
$605.7K
$530.0K – $706.6K
NOI $42,397 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$523.9K
$458.4K – $611.2K
NOI $36,673 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$832.4K
$728.3K – $971.1K
NOI $58,266 @ 7.0% cap · market cap 10.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
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 - Two residential units feature open layouts, private security fencing, and planned stainless-steel appliance packages.
Where is this duplex located?
The property is located at Ab-4125 Clover St Houston, TX.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: New construction with fully gated site; Two units, each with 3 bedrooms and 2.5 bathrooms; 3,237 square feet of total building area
