Brand-New Duplex With Open
For Sale
$485,000
6708 Conley Street, Houston, TX 77021
New duplex offers two units, each with three bedrooms and two full bathrooms plus tile flooring and open-concept living areas.
Property Size2,728 SF
Days on Market104
Property Features for 6708 Conley Street
General Information
Standard status
Active
Size
2,728 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Greater Ost / South Union
Highway Access
Yes
Additional Details
Multifamily Units
2
Building Details
Building Size
2,728 SF
Year Built
2026
Tenancy
Multi
Listing Agency:
RE/MAX Signature
Listed By:
Ryan Hicks · License #449718
(832) 524-0398
Source:
Nancyalmodovar
Added: Jul 24
Changed: Oct 31
Last Checked: Nov 3 at 11:46AM
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 RE/MAX Signature
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Investment Insights
Based on property information with market context.
Brand-new duplex featuring a popular open-concept floorplan in each unit. Both units are laid out with three bedrooms and two full bathrooms, with tile flooring throughout the main living areas. Kitchens include a spacious island kitchen with quartz counters, designed for daily use and entertaining. Each unit’s primary suite includes a well-appointed bath and walk-in closet, while the secondary bedrooms are sized to support a range of living arrangements.
Conveniently located with quick access to Hwy 288 and within reach of the Texas Medical Center, Museum District, and Downtown.
Each unit includes the core finishes and layout features described, making the property well-suited to consistent, repeatable leasing or owner-occupancy arrangements.
Conveniently located with quick access to Hwy 288 and within reach of the Texas Medical Center, Museum District, and Downtown.
Each unit includes the core finishes and layout features described, making the property well-suited to consistent, repeatable leasing or owner-occupancy arrangements.
Key Highlights
- Brand‑new duplex (Year built 2026) with 2 units
- Each unit features 3 bedrooms and 2 full bathrooms
- Tile flooring throughout main living areas plus open‑concept layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,731
Cap Rate
7.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,620
$714.6K
Cap Rate 7%
$510,443
$510.4K
Cap Rate 9%
$397,011
$397.0K
Market Conditions
NOI Build-Up for 2,728 SF
Gross rent
$54.0K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$51.0K $18.71/SF
− OpEx
−$15.3K −$5.61/SF
NOI
$35.7K $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%
$714,620
Cap Rate 7%
$510,443
Cap Rate 9%
$397,011
Alternative Uses
Best Use
Multifamily LT 5
$510.4K
$446.6K – $595.5K
NOI $35,731 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$441.5K
$386.3K – $515.1K
NOI $30,906 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$701.5K
$613.8K – $818.4K
NOI $49,104 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 77021, TX
28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New duplex offers two units, each with three bedrooms and two full bathrooms plus tile flooring and open-concept living areas.
Where is this duplex located?
The property is located at 6708 Conley 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: Brand‑new duplex (Year built 2026) with 2 units; Each unit features 3 bedrooms and 2 full bathrooms; Tile flooring throughout main living areas plus open‑concept layout
