Two-Unit Duplex with Fenced
For Sale
$599,900
Pending
6551-6553 Rena St, Houston, TX 77092
Both residences offer first-floor living, upstairs primary suites, and kitchens centered on quartz islands.
Property Size2,956 SF
Days on Market28
Property Features for 6551-6553 Rena St
General Information
Standard status
Pending
Size
2,956 SF
Property subtype
Investment
Site & Location
Neighborhood
Fairbanks / Northwest Crossing
Highway Access
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$761
Amenities
private fenced backyards
Building Details
Building Size
2,956 SF
Year Built
2026
Buildings
1
Stories
2
Units
2
Listing Agency:
Happen Houston
Listed By:
Michael Silva
(713) 391-8284
Source:
Elliman
Added: Sep 29
Changed: Oct 25
Last Checked: Oct 24 at 6:26PM
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 Happen Houston
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering comprises a duplex with two residences, each arranged with living areas on the first floor and a primary suite upstairs. Interior features include Swiss engineered hardwood, spacious living areas, and modern kitchens with quartz islands. Primary bathrooms have double sinks, extended vanity space, a freestanding tub, and a separate shower. Buyers can choose among multiple interior finish packages, and each residence includes a private fenced backyard. The property is listed as built in 2026, with delivery expected in under 60 days.
The duplex sits across from green space in an established, deed-restricted neighborhood. Access to US 290 and I-610 is noted, with everyday essentials described as minutes away. Walk Score is 44, Bike Score is 72, and Transit Score is 37.
The duplex sits across from green space in an established, deed-restricted neighborhood. Access to US 290 and I-610 is noted, with everyday essentials described as minutes away. Walk Score is 44, Bike Score is 72, and Transit Score is 37.
Key Highlights
- Two‑residence duplex with first‑floor living areas
- Kitchens feature quartz islands
- Upstairs primary suites have double sinks, extended vanity space, a freestanding tub, and separate shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,717
Cap Rate
6.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$774,340
$774.3K
Cap Rate 7%
$553,100
$553.1K
Cap Rate 9%
$430,189
$430.2K
Market Conditions
NOI Build-Up for 2,956 SF
Gross rent
$58.5K $19.80/SF
− Vacancy
−$3.2K −$1.09/SF
EGI
$55.3K $18.71/SF
− OpEx
−$16.6K −$5.61/SF
NOI
$38.7K $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%
$774,340
Cap Rate 7%
$553,100
Cap Rate 9%
$430,189
Alternative Uses
Best Use
Multifamily LT 5
$553.1K
$484.0K – $645.3K
NOI $38,717 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$478.4K
$418.6K – $558.2K
NOI $33,489 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$760.1K
$665.1K – $886.8K
NOI $53,208 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
947
Businesses Nearby
Explore this area
Business Placement
Demographics for 77092, TX
34,903
Population
16,158
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
75%
High-School Grad
8.1 sq mi
ZIP Area
4,309
Density / Sq Mi
$56,741
Median Household Income
$34,895
Median Earnings
$1,228
Median Rent
$222,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer first-floor living, upstairs primary suites, and kitchens centered on quartz islands.
Where is this duplex located?
The property is located at 6551-6553 Rena St Houston, TX.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑residence duplex with first‑floor living areas; Kitchens feature quartz islands; Upstairs primary suites have double sinks, extended vanity space, a freestanding tub, and separate shower
