Duplex Income-Generating
For Sale
$149,950
6931 Weaver Road, Houston, TX 77028
Duplex offered for sale with provided bike, walk, and transit scores indicating car-dependent access.
Property Size1,080 SF
Price / SF$138.84
Days on Market165
Property Features for 6931 Weaver Road
General Information
Standard status
Active
Size
1,080 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Trinity / Houston Gardens
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,421
Amenities
Yes
3
5
Appraiser
7680
1080
Building Details
Building Size
1,080 SF
Year Built
1940
Stories
1
Listing Agency:
JLA Realty
(281) 486-1900
Listed By:
Karla Whatley
(832) 425-0715
Source:
Garygreene
Added: May 15
Changed: Oct 25
Last Checked: Oct 24 at 2:30PM
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 JLA Realty
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Investment Insights
Based on property information with market context.
This for-sale duplex is being marketed as an income-oriented residential income property. The offering includes easy city access and proximity to major roadways, shopping, and employment centers, as stated in the public remarks.
Access and mobility details provided with the listing show a BikeScore of 31 (Somewhat Bikeable), a WalkScore of 12 (Car-Dependent), and a TransitScore of 38 (Some Transit).
Access and mobility details provided with the listing show a BikeScore of 31 (Somewhat Bikeable), a WalkScore of 12 (Car-Dependent), and a TransitScore of 38 (Some Transit).
Key Highlights
- Duplex built in 1940
- Provided access scores: BikeScore 31 (somewhat bikeable), WalkScore 12 (car‑dependent), transitScore 38 (some transit)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,235
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,700
$244.7K
Cap Rate 7%
$174,786
$174.8K
Cap Rate 9%
$135,944
$135.9K
Market Conditions
NOI Build-Up for 1,080 SF
Gross rent
$23.7K $21.96/SF
− Vacancy
−$1.5K −$1.36/SF
EGI
$22.2K $20.60/SF
− OpEx
−$10.0K −$9.27/SF
NOI
$12.2K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,700
Cap Rate 7%
$174,786
Cap Rate 9%
$135,944
Alternative Uses
Best Use
Multifamily LT 5
$202.1K
$176.8K – $235.8K
NOI $14,146 @ 7.0% cap · market cap 9.43%
Second Best
Apartment 5plus
$174.8K
$152.9K – $203.9K
NOI $12,235 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$277.7K
$243.0K – $324.0K
NOI $19,440 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
246
Businesses Nearby
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
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 - Duplex offered for sale with provided bike, walk, and transit scores indicating car-dependent access.
Where is this duplex located?
The property is located at 6931 Weaver Road Houston, TX.
What is the asking price?
The asking price for this property is $149,950.
What are key features of this property?
This property features: Duplex built in 1940; Provided access scores: BikeScore 31 (somewhat bikeable), WalkScore 12 (car‑dependent), transitScore 38 (some transit)
