Modern 2026-Built Duplex
For Sale
$459,999
4415 Buck Street A/B, Houston, TX 77020
2026-built duplex with two 3-bedroom units featuring quartz counters, European cabinetry, and recessed lighting.
Property Size2,250 SF
Price / SF$204.44
Days on Market54
Property Features for 4415 Buck Street A/B
General Information
Standard status
Active
Size
2,250 SF
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
Plank,Tile,Vinyl
Yes
2
3
Washer Hookup,Dryer Hookup
Builder
Quartz Counters,Ceiling Fan(s)
Partial
3125
Appraiser
Electric Gate
2250
Building Details
Building Size
2,250 SF
Year Built
2026
Stories
2
Listing Agency:
eXp Realty LLC
(281) 486-1900
Listed By:
Danielle Fee Herman
(832) 474-5540
Source:
Garygreene
Added: Jul 17
Changed: Sep 7
Last Checked: Sep 8 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty LLC
Investment Insights
Based on property information with market context.
Introducing a 2026-built duplex with modern finishes and functional, dual-unit living. Each unit offers three bedrooms and two spa-inspired bathrooms, with European flat-panel cabinetry, quartz countertops, and recessed lighting throughout the stairs, kitchen cabinets, and shower niches. The upper unit includes vaulted ceilings, creating an open, airy feel.
The property is located minutes from Downtown Houston and major freeways. Area context includes the growth of East End/Fifth Ward, with transit and walkability that align with a car-dependent day-to-day.
With 2,250 total square feet, the duplex is well suited for buyers looking for either house-hack-style living or dual rental income from both units, while maintaining a consistent, updated interior package across the property.
The property is located minutes from Downtown Houston and major freeways. Area context includes the growth of East End/Fifth Ward, with transit and walkability that align with a car-dependent day-to-day.
With 2,250 total square feet, the duplex is well suited for buyers looking for either house-hack-style living or dual rental income from both units, while maintaining a consistent, updated interior package across the property.
Key Highlights
- 2026‑built duplex with two 3‑bedroom units and a total of 2,250 sq ft
- Each unit features quartz countertops and European flat‑panel cabinetry in the kitchen
- 2 spa‑inspired baths per unit with recessed lighting throughout the stairs, kitchen cabinets, and shower niches
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,470
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$589,400
$589.4K
Cap Rate 7%
$421,000
$421.0K
Cap Rate 9%
$327,444
$327.4K
Market Conditions
NOI Build-Up for 2,250 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.6K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$42.1K $18.71/SF
− OpEx
−$12.6K −$5.61/SF
NOI
$29.5K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$589,400
Cap Rate 7%
$421,000
Cap Rate 9%
$327,444
Alternative Uses
Best Use
Multifamily LT 5
$421.0K
$368.4K – $491.2K
NOI $29,470 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$364.2K
$318.6K – $424.9K
NOI $25,491 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$578.6K
$506.3K – $675.0K
NOI $40,500 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Explore this area
Business Placement
Demographics for 77020, TX
24,846
Population
10,054
Households
2.5
Avg Household Size
35
Median Age
13%
College-Educated
65%
High-School Grad
7.8 sq mi
ZIP Area
3,185
Density / Sq Mi
$49,481
Median Household Income
$32,573
Median Earnings
$942
Median Rent
$133,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - 2026-built duplex with two 3-bedroom units featuring quartz counters, European cabinetry, and recessed lighting.
Where is this duplex located?
The property is located at 4415 Buck Street A/B Houston, TX.
What is the asking price?
The asking price for this property is $459,999.
What are key features of this property?
This property features: 2026‑built duplex with two 3‑bedroom units and a total of 2,250 sq ft; Each unit features quartz countertops and European flat‑panel cabinetry in the kitchen; 2 spa‑inspired baths per unit with recessed lighting throughout the stairs, kitchen cabinets, and shower niches
