New Construction Duplex | Houston | Turnkey + STR Upside

Stunning new construction duplex with modern design and quality finishes throughout. Each unit features an open-concept layout, high ceilings, and abundant natural light. 3 bedrooms and 2 full bathrooms. Kitchens offer quartz countertops, custom cabinetry, tile backsplash, stainless steel appliances, and a large island with bar seating. Bathrooms include designer tile, glass-enclosed showers, and modern fixtures. Contemporary exterior with private entrances and gated access. Separate utilities. Ideal for owner-occupants or investors. Convenient location near major roads, shopping, and dining

Investment highlights
Brand-new construction = low maintenance
High-end finishes → premium rents
Separate utilities = reduced expenses
STR + LTR hybrid opportunity
Strong Houston rental demand

📌 EXECUTIVE SUMMARY
This Houston duplex presents a solid entry-level multifamily investment with stable long-term rental income and strong upside through short-term rental optimization. With a reasonable price point and scalable income potential, it fits both cash flow and appreciation-focused investors.
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💵 INCOME POTENTIAL
🟢 Long-Term Rental Strategy
• Monthly Rent (per unit): $2,100
• Total Monthly Income: $4,200
• Annual Gross Income: $50,400
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📊 OPERATING EXPENSES
• Property Taxes: $8,533/year
• Insurance: $1,500/year (est.)
• Maintenance (8%): $4,032
• Vacancy (5%): $2,520
• Property Management (8%): $4,032
👉 Total Expenses: $20,617/year
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🟢 NET OPERATING INCOME (NOI)
👉 NOI: $29,783/year
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📈 PROJECTED RETURNS
• Cap Rate: 5.93%
• GRM: 9.96
• Price per Unit: $251,000
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⭐ INVESTMENT HIGHLIGHTS
• Strong rental demand in Houston market
• Duplex structure = multiple income streams
• Value-add potential via rent increases or STR conversion
• Balanced risk with steady long-term tenants
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🚀 INVESTMENT EDGE
• Ability to increase returns significantly with Airbnb strategy
• Tax-adjusted expense structure improves NOI
• Ideal for house hacking or BRRRR strategy
• Scalable model for small multifamily portfolio growth
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🏡 SHORT-TERM RENTAL (AIRBNB) STRATEGY
💲 Projected Nightly Rate:
Up to $150 per night (per unit)
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🏢 Full Duplex Potential (2 Units Combined)
• Conservative (50% Occupancy)
• Monthly Revenue: ~$4,500
• Annual Revenue: ~$54,000
• Moderate (65% Occupancy)
• Monthly Revenue: ~$5,850
• Annual Revenue: ~$70,200
• High Performance (75% Occupancy)
• Monthly Revenue: ~$6,750
• Annual Revenue: ~$81,000
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⭐ WHY THIS WORKS FOR AIRBNB
• Houston’s strong travel demand (medical, business, events)
• Duplex layout allows double booking potential
• Affordable nightly rate increases occupancy likelihood
• Flexibility to switch between STR & LTR depending on market conditions

Wale Lawal
Real Estate Broker & Advisor
The Networth Builders Team
Brokered By: LPT Realty
Cell: 832-776-9582
Email: [email protected]

Location:

6314 Crest St, Houston, TX 77033