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2306 Langley rd - New Construction Houston Duplex | Airbnb + LT 2 Unit Apartment Building Offered at $657,210 CAD at a 6.45% Cap Rate Houston, TX 77093
Investment Highlights
- Strong rental area in Houston with consistent tenant demand
- Solid 6%+ cap rate with upside potential
- Hybrid STR/LTR flexibility
- Duplex setup reduces vacancy risk (two income streams)
- Opportunity to increase rents or optimize operations
Executive Summary
The Langley Duplex is a rare opportunity to own a thoughtfully designed, oversized duplex that showcases more like two single-family homes than a typical investment property. Each 3-bedroom, 2.5-bath unit features an expansive, open floor plan that prioritizes comfort, privacy, and everyday livability. Set on an oversized lot, the property offers a private driveway with space for multiple vehicles per unit, along with a fully fenced yard, standout feature that appeals to both long-term tenants and owner-occupants. The layout is generous and functional, making each unit ideal for families, roommates, or those simply wanting more space than the average duplex. Move in Ready by February 2026.
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Property Facts
| Price | $657,210 CAD | Property Type | Multifamily |
| Price Per Unit | $328,605 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Size | 2,970 SF |
| Cap Rate | 6.45% | Average Occupancy | 0% |
| Sale Condition | Build to Suit | No. Stories | 2 |
| No. Units | 2 | Year Built | 2026 |
| Zoning | Residential (Duplex) - Residential (Duplex) | ||
| Price | $657,210 CAD |
| Price Per Unit | $328,605 CAD |
| Sale Type | Investment |
| Cap Rate | 6.45% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Size | 2,970 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2026 |
| Zoning | Residential (Duplex) - Residential (Duplex) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 3 | $3,113 CAD | 1,485 |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0914260000008 | Improvements Assessment | $19,135 CAD |
| Land Assessment | $135,623 CAD | Total Assessment | $154,758 CAD |
Property Taxes
Parcel Number
0914260000008
Land Assessment
$135,623 CAD
Improvements Assessment
$19,135 CAD
Total Assessment
$154,758 CAD
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2306 Langley rd - New Construction Houston Duplex | Airbnb + LT
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