Modern Three-Story
For Sale
$660,000
6633 - 6631 Katarani Drive, Houston, TX 77091
Newly built duplex in a gated Houston community with elevated ceilings, balconies, and contemporary interior finishes.
Days on Market30
Property Features for 6633 - 6631 Katarani Drive
General Information
Standard status
Active
Property subtype
Multi Family,Duplex
Amenities
gated community
balcony
stainless steel appliances
quartz island
Building Details
Building Size
3,608 SF
Year Built
2025
Stories
3
Listing Agency:
New Age
(713) 373-7401
Listed By:
Ashwin Kewalramani · License #0700464
(713) 373-7401
Source:
Mpowerrealtygroup
Added: Jul 4
Changed: Aug 2
Last Checked: Aug 2 at 11:59AM
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 New Age
Investment Insights
Based on property information with market context.
Built in 2025, this duplex property consists of modern three-story homes within a fully gated community in Houston. Each residence offers three bedrooms, three full bathrooms plus a half bath, 11-foot ceilings, and a large second-floor balcony. Interior finishes include stainless steel kitchen appliances, quartz island counters, and distinctive tile selections in the bathrooms and backsplash areas.
The property is located at 6633–6631 Katarani Drive in Houston, Texas. Its multi-level design, outdoor balcony space, and updated finish package create a cohesive residential income offering with contemporary construction and an established community setting.
The property is located at 6633–6631 Katarani Drive in Houston, Texas. Its multi-level design, outdoor balcony space, and updated finish package create a cohesive residential income offering with contemporary construction and an established community setting.
Key Highlights
- 2025 construction with modern three‑story home design
- Three bedrooms and 3.5 bathrooms per home
- 11‑foot ceilings and large second‑floor balconies
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 | $71.4k | $19.80 |
| − Vacancy | −$3.9k | −$1.09 |
| EGI | $67.5k | $18.71 |
| − OpEx | −$20.3k | −$5.61 |
| NOI | $47.3k | $13.10 |
3,608 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$675.1K
$590.7K – $787.6K
NOI $47,257 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$583.9K
$511.0K – $681.3K
NOI $40,876 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$927.8K
$811.8K – $1.08M
NOI $64,944 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
193
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
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Frequently Asked Questions
What type of property is this?
Duplex - Newly built duplex in a gated Houston community with elevated ceilings, balconies, and contemporary interior finishes.
Where is this duplex located?
The property is located at 6633 - 6631 Katarani Drive Houston, TX.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: 2025 construction with modern three‑story home design; Three bedrooms and 3.5 bathrooms per home; 11‑foot ceilings and large second‑floor balconies
