Updated Duplex with Fenced
For Sale
$150,000
6741 Goforth Street A, Houston, TX 77021
Corner-lot duplex with recent updates and a large enclosed backyard.
Property Size976 SF
Price / SF$153.69
Days on Market132
Property Features for 6741 Goforth Street A
General Information
Standard status
Active
Size
976 SF
Property subtype
Multi-Family
Amenities
Vinyl
No
2
3
Appraiser
Ceiling Fan(s)
Partial
5150
976
Building Details
Building Size
976 SF
Year Built
1940
Stories
1
Listing Agency:
Prolific Realty Co
(713) 965-0812
Listed By:
Mitchel Schlichting
(832) 524-1133
Source:
Garygreene
Added: Jun 5
Changed: Oct 13
Last Checked: Oct 12 at 6:33PM
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 Prolific Realty Co
Investment Insights
Based on property information with market context.
This duplex, built in 1940, occupies a corner lot at 6741 Goforth Street in Houston. Recent updates and a fenced backyard add practical appeal to the property, while the surrounding area includes substantial new construction.
Key Highlights
- Duplex constructed in 1940
- Corner‑lot positioning
- Recent property updates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,783
Cap Rate
8.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,660
$255.7K
Cap Rate 7%
$182,614
$182.6K
Cap Rate 9%
$142,033
$142.0K
Market Conditions
NOI Build-Up for 976 SF
Gross rent
$19.3K $19.80/SF
− Vacancy
−$1.1K −$1.09/SF
EGI
$18.3K $18.71/SF
− OpEx
−$5.5K −$5.61/SF
NOI
$12.8K $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%
$255,660
Cap Rate 7%
$182,614
Cap Rate 9%
$142,033
Alternative Uses
Best Use
Multifamily LT 5
$182.6K
$159.8K – $213.1K
NOI $12,783 @ 7.0% cap · market cap 8.52%
Second Best
Apartment 5plus
$158.0K
$138.2K – $184.3K
NOI $11,057 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$251.0K
$219.6K – $292.8K
NOI $17,568 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
550
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with recent updates and a large enclosed backyard.
Where is this duplex located?
The property is located at 6741 Goforth Street A Houston, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Duplex constructed in 1940; Corner‑lot positioning; Recent property updates
