Two-Story
For Sale
$535,000
Ab-4649 Clover St, Houston, TX 77051
Two residences feature open-concept layouts, with construction estimated to finish in December.
Property Size2,626 SF
Price / SF$203.73
Days on Market26
Property Features for Ab-4649 Clover St
General Information
Standard status
Active
Size
2,626 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Sunnyside
Additional Details
Multifamily Units
2
Listing Agency:
Nextgen Real Estate Properties
(346) 888-2525
Listed By:
Norisha Johnson
(346) 304-1590
Source:
Exprealty
Added: Sep 29
Changed: Oct 19
Last Checked: Oct 23 at 7:17AM
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 Nextgen Real Estate Properties
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 new-construction duplex totals 2,626 square feet and is designed as two separate residences. Each unit has a two-story layout with three bedrooms, two-and-a-half bathrooms, and open-concept living areas. Completion is estimated for December.
The property is near the Texas Medical Center, NRG Stadium, Midtown, and Downtown Houston.
The property is near the Texas Medical Center, NRG Stadium, Midtown, and Downtown Houston.
Key Highlights
- Two‑unit new‑construction duplex with completion estimated for December
- 2,626 square feet
- Each residence has 3 bedrooms, 2.5 bathrooms, and a two‑story layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,395
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,900
$687.9K
Cap Rate 7%
$491,357
$491.4K
Cap Rate 9%
$382,167
$382.2K
Market Conditions
NOI Build-Up for 2,626 SF
Gross rent
$52.0K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$49.1K $18.71/SF
− OpEx
−$14.7K −$5.61/SF
NOI
$34.4K $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%
$687,900
Cap Rate 7%
$491,357
Cap Rate 9%
$382,167
Alternative Uses
Best Use
Multifamily LT 5
$491.4K
$429.9K – $573.3K
NOI $34,395 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$425.0K
$371.9K – $495.8K
NOI $29,750 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office A
$675.3K
$590.9K – $787.8K
NOI $47,268 @ 7.0% cap · market cap 8.84%
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature open-concept layouts, with construction estimated to finish in December.
Where is this duplex located?
The property is located at Ab-4649 Clover St Houston, TX.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Two‑unit new‑construction duplex with completion estimated for December; 2,626 square feet; Each residence has 3 bedrooms, 2.5 bathrooms, and a two‑story layout
