For Sale
$479,000
6928 Paris, Houston, TX 77021
The 2026-built property is near Houston’s Texas Medical Center, universities and downtown.
Property Size2,590 SF
Days on Market11
Property Features for 6928 Paris
General Information
Standard status
Active
Size
2,590 SF
Property subtype
Multi Family,Duplex
Taxes and HOA fees
Annual Taxes
$1,355
Building Details
Building Size
2,590 SF
Year Built
2026
Listing Agency:
Berkshire Hathaway HomeServices Premier Properties
Listed By:
Anthony McDonough
(713) 865-1029
Source:
Mpowerrealtygroup
Added: Oct 10
Changed: Oct 15
Last Checked: Oct 19 at 1:35PM
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 Berkshire Hathaway HomeServices Premier Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex has a stated year built of 2026. The property information identifies traditional and short-term rentals as possible operating formats; buyers should verify permitted uses, licensing, deed restrictions, and program eligibility before selecting a use.
The property is near the Texas Medical Center, the University of Houston, Texas Southern University, and Downtown Houston.
The property is near the Texas Medical Center, the University of Houston, Texas Southern University, and Downtown Houston.
Key Highlights
- Year built: 2026
- Near the Texas Medical Center, University of Houston, Texas Southern University, and Downtown Houston
- Traditional and short‑term rental formats identified as possibilities; verify use requirements and eligibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,923
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,460
$678.5K
Cap Rate 7%
$484,614
$484.6K
Cap Rate 9%
$376,922
$376.9K
Market Conditions
NOI Build-Up for 2,590 SF
Gross rent
$51.3K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.5K $18.71/SF
− OpEx
−$14.5K −$5.61/SF
NOI
$33.9K $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%
$678,460
Cap Rate 7%
$484,614
Cap Rate 9%
$376,922
Alternative Uses
Best Use
Multifamily LT 5
$484.6K
$424.0K – $565.4K
NOI $33,923 @ 7.0% cap · market cap 7.08%
Second Best
Apartment 5plus
$419.2K
$366.8K – $489.1K
NOI $29,343 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$666.0K
$582.8K – $777.0K
NOI $46,620 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
479
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The 2026-built property is near Houston’s Texas Medical Center, universities and downtown.
Where is this duplex located?
The property is located at 6928 Paris Houston, TX.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Year built: 2026; Near the Texas Medical Center, University of Houston, Texas Southern University, and Downtown Houston; Traditional and short‑term rental formats identified as possibilities; verify use requirements and eligibility
