Two-Story Duplex with
For Sale
$499,999
6519 Tuskegee St, Houston, TX 77091
Each residence offers contemporary finishes, an open living arrangement, and a private garage with direct household convenience.
Property Size3,074 SF
Price / SF$162.65
Days on Market32
Property Features for 6519 Tuskegee St
General Information
Standard status
Active
Size
3,074 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Parking per Unit
1
Additional Details
Highway Access
Yes
Building Details
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
Big Lu Real Estate LLC
(281) 229-1832
Listed By:
Luis Martinez · License #0735341
Source:
Thebandpteam
Added: Aug 2
Changed: Aug 29
Last Checked: Sep 1 at 10:16PM
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 Big Lu Real Estate LLC
Investment Insights
Based on property information with market context.
This 2026 duplex includes two residences, each arranged across two stories with 3 bedrooms and 2.5 bathrooms. The interiors feature open-concept living, kitchen, and dining areas, along with a laundry and mud room. Upstairs, each home includes a primary suite and additional bedrooms. Energy-efficient foam insulation and modern finishes are incorporated throughout, while each residence has its own 1-car garage.
The property is positioned for access to major highways, shopping, and dining. Its layout combines private residential accommodations with separately configured living spaces, making the duplex suitable for owner occupancy or investment use as stated in the property information.
The property is positioned for access to major highways, shopping, and dining. Its layout combines private residential accommodations with separately configured living spaces, making the duplex suitable for owner occupancy or investment use as stated in the property information.
Key Highlights
- 2026 construction with energy‑efficient foam insulation
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- Two‑story layout with open‑concept living, kitchen, and dining 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
$40,262
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
8.05%
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%
$805,240
$805.2K
Cap Rate 7%
$575,171
$575.2K
Cap Rate 9%
$447,356
$447.4K
Market Conditions
NOI Build-Up for 3,074 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
$60.9K $19.80/SF
− Vacancy
−$3.3K −$1.09/SF
EGI
$57.5K $18.71/SF
− OpEx
−$17.3K −$5.61/SF
NOI
$40.3K $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%
$805,240
Cap Rate 7%
$575,171
Cap Rate 9%
$447,356
Alternative Uses
Best Use
Multifamily LT 5
$575.2K
$503.3K – $671.0K
NOI $40,262 @ 7.0% cap · market cap 8.05%
Second Best
Apartment 5plus
$497.5K
$435.3K – $580.4K
NOI $34,826 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$790.5K
$691.7K – $922.2K
NOI $55,332 @ 7.0% cap · market cap 11.07%
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
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 77091, TX
28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
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 - Each residence offers contemporary finishes, an open living arrangement, and a private garage with direct household convenience.
Where is this duplex located?
The property is located at 6519 Tuskegee St Houston, TX.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 2026 construction with energy‑efficient foam insulation; Two residences, each with 3 bedrooms and 2.5 bathrooms; Two‑story layout with open‑concept living, kitchen, and dining areas
