Duplex with Open
New
For Sale
$485,000
6131 Bacher Street, Houston, TX 77028
Two residential units offer spacious living areas, practical kitchens, and low-maintenance finishes near everyday amenities.
Property Size2,612 SF
Days on Market4
Property Features for 6131 Bacher Street
General Information
Standard status
Active
Size
2,612 SF
Property subtype
Multi Family,Duplex
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Building Size
2,612 SF
Year Built
2026
Listing Agency:
Premier Haus Realty, LLC
Listed By:
Jaime Fallon · License #0645676
(281) 763-9825
Source:
Greenwoodking
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 2 at 9:16PM
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 Premier Haus Realty, LLC
Investment Insights
Based on property information with market context.
Built in 2026, this duplex contains two residential units with open interior layouts and light-filled living spaces. Each side includes a functional kitchen with ample cabinet storage, large bedrooms, generous closet space, and durable, low-maintenance finishes.
The property is located at 6131 Bacher Street in Houston, with access to major highways, public transit, dining, and shopping destinations. The two-unit configuration combines separate living spaces with practical residential features for an income-producing property or owner-occupant arrangement.
The property is located at 6131 Bacher Street in Houston, with access to major highways, public transit, dining, and shopping destinations. The two-unit configuration combines separate living spaces with practical residential features for an income-producing property or owner-occupant arrangement.
Key Highlights
- Two‑unit duplex at 6131 Bacher Street, Houston, TX 77028
- Built in 2026
- Open layouts with light‑filled living areas
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
$34,211
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
7.05%
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%
$684,220
$684.2K
Cap Rate 7%
$488,729
$488.7K
Cap Rate 9%
$380,122
$380.1K
Market Conditions
NOI Build-Up for 2,612 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
$51.7K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.9K $18.71/SF
− OpEx
−$14.7K −$5.61/SF
NOI
$34.2K $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%
$684,220
Cap Rate 7%
$488,729
Cap Rate 9%
$380,122
Alternative Uses
Best Use
Multifamily LT 5
$488.7K
$427.6K – $570.2K
NOI $34,211 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$422.7K
$369.9K – $493.2K
NOI $29,592 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$671.7K
$587.7K – $783.6K
NOI $47,016 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
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 - Two residential units offer spacious living areas, practical kitchens, and low-maintenance finishes near everyday amenities.
Where is this duplex located?
The property is located at 6131 Bacher Street Houston, TX.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two‑unit duplex at 6131 Bacher Street, Houston, TX 77028; Built in 2026; Open layouts with light‑filled living areas
