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Great Rental Duplex Near Downtown Houston 1030 Reverend B J Lewis dr 2 Unit Apartment Building $524,900 ($262,450/Unit) 4.57% Cap Rate Houston, TX 77088
Investment Highlights
- Two spacious residential units
- Excellent for long-term rentals
- Excellent owner-occupant opportunity
- Stainless steel appliances
- Ideal for Airbnb or mid-term rentals (where permitted)
- Minutes from Downtown Houston
Executive Summary
Welcome to 1030 Reverend B J Lewis Dr, a stunning brand-new duplex in Houston! This modern 3-bedroom, 2-bath home offers sleek finishes, open-concept living, and an abundance of natural light. The chef’s kitchen boasts quartz countertops, stainless steel appliances, and a large island perfect for entertaining. Spacious bedrooms include a stylish primary suite with a spa-inspired bath. Enjoy the convenience of a private fenced yard, and contemporary design throughout. Located near major freeways, schools, and shopping, this home blends comfort, style, and functionality—perfect for families or investors.
Property Facts
| Price | $524,900 | Apartment Style | Low-Rise |
| Price Per Unit | $262,450 | Building Class | B |
| Sale Type | Investment | Building Size | 7,991 SF |
| Cap Rate | 4.57% | No. Stories | 2 |
| Sale Condition | Build to Suit | Year Built | 2026 |
| No. Units | 2 | Parking Ratio | 2/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment | ||
| Zoning | MF - Multi Family | ||
| Price | $524,900 |
| Price Per Unit | $262,450 |
| Sale Type | Investment |
| Cap Rate | 4.57% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 7,991 SF |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 2/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MF - Multi Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $1,853 | - |
| 3+2 | 2 | $1,853 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0710900530018 | Improvements Assessment | $0 |
| Land Assessment | $77,854 | Total Assessment | $77,854 |
Property Taxes
Parcel Number
0710900530018
Land Assessment
$77,854
Improvements Assessment
$0
Total Assessment
$77,854
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Great Rental Duplex Near Downtown Houston | 1030 Reverend B J Lewis dr
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