Furnished
New
For Sale
$595,000
6130 Conley Street Unit A/B, Houston, TX 77021
The two residences are vacant and furnished, with separate living areas and contemporary interior finishes.
Property Size3,576 SF
Price / SF$167.51
Days on Market6
Property Features for 6130 Conley Street Unit A/B
General Information
Standard status
Active
Size
3,576 SF
Property subtype
Multi Family,Duplex
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$11,582
Building Details
Building Size
3,576 SF
Year Built
2023
Listing Agency:
CJM Realty Advisors
Listed By:
Yesenia Guerra · License #0641108
(832) 786-9735
Source:
Greenwoodking
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 13 at 12:16AM
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 CJM Realty Advisors
Investment Insights
Based on property information with market context.
Completed in 2023, this duplex contains two residences, each with 3 bedrooms, 2.5 bathrooms and approximately 1,776 square feet. Combined, the property offers 6 bedrooms, 5 bathrooms and approximately 3,552 square feet. Both sides are furnished and vacant. Interior features include open living areas, quartz countertops, stainless steel appliances, large primary suites, frameless showers and built-in closet shelving.
The property is near the Texas Medical Center, Downtown Houston, universities and major highways.
The property is near the Texas Medical Center, Downtown Houston, universities and major highways.
Key Highlights
- Two residences, each with 3 bedrooms, 2.5 bathrooms and approximately 1,776 SF
- Combined total of 6 bedrooms, 5 baths and approximately 3,552 SF
- Built in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,523
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,460
$930.5K
Cap Rate 7%
$664,614
$664.6K
Cap Rate 9%
$516,922
$516.9K
Market Conditions
NOI Build-Up for 3,552 SF
Gross rent
$70.3K $19.80/SF
− Vacancy
−$3.9K −$1.09/SF
EGI
$66.5K $18.71/SF
− OpEx
−$19.9K −$5.61/SF
NOI
$46.5K $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 Rate 5%
$930,460
Cap Rate 7%
$664,614
Cap Rate 9%
$516,922
Alternative Uses
Best Use
Multifamily LT 5
$664.6K
$581.5K – $775.4K
NOI $46,523 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$574.9K
$503.0K – $670.7K
NOI $40,241 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$913.4K
$799.2K – $1.07M
NOI $63,936 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
881
Businesses Nearby
Explore this area
Business Placement
Demographics for 77021, TX
28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - The two residences are vacant and furnished, with separate living areas and contemporary interior finishes.
Where is this duplex located?
The property is located at 6130 Conley Street Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms, 2.5 bathrooms and approximately 1,776 SF; Combined total of 6 bedrooms, 5 baths and approximately 3,552 SF; Built in 2023
