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3986 Avenue B - Houston Duplex Two Year Lease in Place $389K 2 Unit Apartment Building Offered at $533,013 CAD Brookshire, TX 77423
Investment Highlights
- Two-story duplex built in 2018
- Unit A vacant – opportunity for owner occupant or lease-up
- Open floor plans with island kitchens
- 2 income-producing units
- Unit B leased with 2-year tenant in place
- Vinyl plank flooring and carpet finishes
Executive Summary
Two-Story duplex in Brookshire featuring 3 bedrooms, 2.5 baths per unit. Each unit offers an open-concept first-floor layout with living, dining, and kitchen areas. The kitchen has a large island with a breakfast bar. Interior Finishes include vinyl plank flooring and carpet. Unit A is vacant and features new flooring throughout. Unit B is tenant occupied with an existing two-year lease in place. Property was built in 2018 and sits on an approximately 8,999 sq ft lot. Suitable for owner occupancy in one unit while leasing the other, or full rental use. Located minutes from I-10 with direct access to the Katy retail and employment hub. The surrounding area continues to see significant commercial and industrial development, including the Tesla manufacturing facility in Brookshire. As the region expands, demand for housing in this corridor remains strong. With no HOA and income-producing potential, this duplex offers flexibility and long-term upside in a rapidly developing market.
Property Facts
| Price | $533,013 CAD | Building Size | 3,200 SF |
| Price Per Unit | $266,506 CAD | Average Occupancy | 50% |
| Sale Type | Investment | No. Stories | 2 |
| Sale Condition | Build to Suit | Year Built | 2018 |
| No. Units | 2 | Opportunity Zone |
Yes
|
| Property Type | Multifamily | ||
| Zoning | Multifamily - Multifamily | ||
| Price | $533,013 CAD |
| Price Per Unit | $266,506 CAD |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Building Size | 3,200 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 2018 |
| Opportunity Zone |
Yes |
| Zoning | Multifamily - Multifamily |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 2 | $5,126 CAD | 3,200 |
1 1
Property Taxes
| Parcel Number | 25510 | Improvements Assessment | $380,149 CAD |
| Land Assessment | $86,124 CAD | Total Assessment | $466,273 CAD |
Property Taxes
Parcel Number
25510
Land Assessment
$86,124 CAD
Improvements Assessment
$380,149 CAD
Total Assessment
$466,273 CAD
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3986 Avenue B - Houston Duplex Two Year Lease in Place $389K
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