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Archived 6 months ago

$489,900

rooms 0 ba 3360 sqft

Houston, TX 77026

Commercial Multifamily

Current Rent **

N/A

Projected Rent **

$4,600

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Turnkey Duplex Houston Investment | Strong Rental Potential

Welcome to 5222 Gold St. – a standout new construction duplex. Each side offers 3 spacious bedrooms, 2.5 baths, and a private garage, combining functionality with upscale design. Designed with exclusivity in mind, this plan is one-of-a-kind as the builder holds exclusive rights to the layout. Enjoy sleek soft close cabinetry, a 12-foot waterfall island, full kitchen appliance package, and luxury vinyl plank flooring. The oversized primary suite features a spa-inspired rain shower and modern finishes. Perfect for investors or owner-occupants - live in one side and lease the other. This property is just minutes from the upcoming Harris Health Level I trauma center and LBJ Hospital expansion in NE Houston. and major freeways. Don’t miss your chance to own this exclusive, income-generating property! Schedule your showing today.

Investment highlights
Brand-new construction = zero deferred maintenance
Duplex = house hack or dual-income strategy
Located near major infrastructure expansion (LBJ Hospital / Harris Health)
Strong rental demand in North Houston corridor
Modern finishes = premium rental potential

πŸ—οΈ PROPERTY DETAILS
β€’ Property Type: Multifamily
β€’ Subtype: Duplex
β€’ Units: 2
β€’ Buildings: 1
β€’ Stories: 2
β€’ Year Built: 2025
β€’ Building Size: 3,360 SF
β€’ Lot Size: 5,000 SF
________________________________________
πŸ“Œ EXECUTIVE SUMMARY
Turnkey duplex opportunity with strong dual-exit strategies. Stable long-term cash flow paired with high-upside Airbnb potential in a growing Houston submarket.
________________________________________
πŸ’΅ INCOME POTENTIAL
🟒 Long-Term Rental Strategy
β€’ Monthly Rent (per unit): $2,300
β€’ Total Monthly Income: $4,600
β€’ Annual Gross Income: $55,200
________________________________________
πŸ“Š OPERATING EXPENSES
β€’ Property Taxes: $8,185/year
β€’ Insurance: $2,500/year (est.)
β€’ Maintenance (8%): $4,416
β€’ Vacancy (5%): $2,760
β€’ Property Management (8%): $4,416
πŸ‘‰ Total Expenses: $22,277/year
________________________________________
🟒 NET OPERATING INCOME (NOI)
πŸ‘‰ NOI: $32,923/year
________________________________________
πŸ“ˆ PROJECTED RETURNS
β€’ Cap Rate: ~6.73%
β€’ GRM: ~8.86
β€’ Price per Unit: $244,500
________________________________________
⭐ INVESTMENT HIGHLIGHTS
β€’ Strong rent-to-price ratio for Houston market
β€’ Duplex = house hack or dual-income stream
β€’ Scalable to short-term rental for higher yield
β€’ Solid cap rate for appreciation + cash flow play
________________________________________
πŸš€ INVESTMENT EDGE
This deal offers flexibilityβ€”you can lock in stable tenants now and convert to Airbnb later for higher returns. Ideal for investors targeting hybrid rental strategies.
________________________________________
🏑 SHORT-TERM RENTAL (AIRBNB) STRATEGY
πŸ’² Projected Nightly Rate:
Up to $150 per night (per unit)
________________________________________
🏒 Full Duplex Potential (2 Units Combined)
β€’ Conservative (50% Occupancy)
β€’ Monthly Revenue: ~$4,500
β€’ Annual Revenue: ~$54,000
β€’ Moderate (65% Occupancy)
β€’ Monthly Revenue: ~$5,850
β€’ Annual Revenue: ~$70,200
β€’ High Performance (75% Occupancy)
β€’ Monthly Revenue: ~$6,750
β€’ Annual Revenue: ~$81,000
________________________________________
⭐ WHY THIS WORKS FOR AIRBNB
β€’ Houston has consistent short-term rental demand (medical, business, events)
β€’ Affordable entry price with strong nightly upside
β€’ Duplex layout = maximize occupancy + diversify risk
β€’ Ability to outperform long-term rents by 25–45%

Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (p) | (832) 776-9582 (m)
[email protected]

Location:

Houston, TX 77026

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.