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Houston Duplex Two Year Lease in Place $389K 3986 Avenue B 2 Unit Apartment Building $389,900 ($194,950/Unit) 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 | $389,900 | Building Class | B |
| Price Per Unit | $194,950 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 3,200 SF |
| Sale Condition | Build to Suit | Average Occupancy | 50% |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Townhome | ||
| Zoning | Multifamily - Multifamily | ||
| Price | $389,900 |
| Price Per Unit | $194,950 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.20 AC |
| 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 | $3,750 | 3,200 |
1 1
Property Taxes
| Parcel Number | 25510 | Improvements Assessment | $278,080 |
| Land Assessment | $63,000 | Total Assessment | $341,080 |
Property Taxes
Parcel Number
25510
Land Assessment
$63,000
Improvements Assessment
$278,080
Total Assessment
$341,080
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Houston Duplex Two Year Lease in Place $389K | 3986 Avenue B
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