For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Duplex Near Houston Hobby Title is generated by Realmo AI

    6501 Osprey Drive, Houston, TX 77048

    View on Map
    Claim this Listing
    For Sale
    $475,000

    MULTI_FAMILY - Houston, TX

    Property size:
    2,236 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $212/SF
    Added:
    May 2, 2026
    Days on Market:
    46
    Last Refresh:
    Jun 16 at 8:06 pm

    Property Features for 6501 Osprey Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 4, Bedroom 1
    Parking
    4
    Parking features
    Assigned
    Patio and Porch features
    Patio
    Interior features
    BreakfastBar, CeilingFans
    Appliances
    Dishwasher, ElectricOven, ElectricRange, FreeStandingRange, Microwave, Refrigerator, Dryer, Washer
    Standard status
    Active
    APN
    144-633-001-0001
    Size
    2,236 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Description
    LT 1+2 BLK 1 NOAH SPRINGS
    Tax Annual Amount
    7477

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2020
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Tile
    Building materials
    HardiplankType
    Roof type
    Shingle

    We can help!

    Listing Contact
    Justine Cornell

    Listing agent Justine Cornell License #0754899

    Listing office Texas Ally Real Estate Group 2211 S IH-35 - Suite 208, Austin, TX

    Listing date May 2, 2026

    MLS# 475852 Listing URL

    Copyright © 2026 South Texas Multiple Listing Service, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 2020: 2‑story duplex with 2 units, each offering an open‑concept 2‑bedroom, 1.5‑bath layout
    • Each unit includes appliances: refrigerator, washer, dryer, dishwasher, electric oven and electric range
    • First‑floor living plus a fenced backyard with covered patio for each side; half bath and laundry room included
    • Second floor features 2 bedrooms and a full bath per unit, with walk‑in closets and a utility room
    • Utilities and systems include Rheem water heater and Trane AC, with central electric heating and central air
    • 4 assigned parking spots total (2 per unit); public water and public sewer; shingle roof; Hardiplank‑type exterior

    Overview

    Built in 2020, this two-story duplex features a total of 4 bedrooms. Each side of the duplex offers a spacious, open concept, 2-bedroom, 1.5-bath unit. The units include a refrigerator, washer, dryer, dishwasher, and stove/range. Designed for entertaining, both units have first-floor living spaces and a fenced backyard with a covered patio, along with a half bath and laundry room. On the second floor, there are two bedrooms and a full bath. Both sides feature upgraded finishes and comfortable living spaces with walk-in closets, a utility room, a Rheem water heater, and Trane AC. The property includes 4 parking spots, with 2 per unit. The duplex is situated in a convenient location near shopping, dining, and major employers such as the Medical Center and Houston Hobby Airport, with proximity to 288, I-45, and I-610. The 0.09-acre lot contains both units, which are included at the list price. Both units are currently rented with tenants.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $44.3k $19.80
    − Vacancy −$2.4k −$1.09
    EGI $41.8k $18.71
    − OpEx −$12.6k −$5.61
    NOI $29.3k $13.10
    2,236 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $418.4K
    $366.1K – $488.1K (±1% cap)
    NOI $29,286 @ 7.0% cap · market cap 6.17%
    Second Best
    Apartment 5plus
    $361.9K
    $316.7K – $422.2K (±1% cap)
    NOI $25,332 @ 7.0% cap · market cap 5.33%
    Theoretical Best
    Office A
    $575.0K
    $503.1K – $670.8K (±1% cap)
    NOI $40,248 @ 7.0% cap · market cap 8.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Kitchen & Bath Showroom Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.31498
    Latitude
    29.644665

    FAQs

    What type of property is this?
    Duplex - Two-story duplex built in 2020, convenient location, tenant-occupied.
    Where is this duplex located?
    The property is located at 6501 Osprey Drive Houston, TX.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Built in 2020: 2‑story duplex with 2 units, each offering an open‑concept 2‑bedroom, 1.5‑bath layout; Each unit includes appliances: refrigerator, washer, dryer, dishwasher, electric oven and electric range; First‑floor living plus a fenced backyard with covered patio for each side; half bath and laundry room included
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message