Two-Story Duplex with Private
For Sale
$485,000
7313 Tippett Street Unit A/B, Houston, TX 77088
New construction offers two individually configured residences with contemporary interiors and separately fenced outdoor areas.
Property Size2,708 SF
Days on Market91
Property Features for 7313 Tippett Street Unit A/B
General Information
Standard status
Active
Size
2,708 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Acres Home
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,675
Building Details
Building Size
2,708 SF
Year Built
2026
Buildings
1
Stories
2
Listing Agency:
The Reyna Group
Listed By:
Melissa Rodriguez · License #0764347
(832) 297-6788
Source:
Mpowerrealtygroup
Added: Aug 6
Changed: Nov 3
Last Checked: Nov 3 at 12:04PM
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 The Reyna Group
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Investment Insights
Based on property information with market context.
This two-story duplex, completed in 2026, includes two separate residences. Each unit contains three bedrooms, two full bathrooms, and one half bath, along with an open living and kitchen arrangement. Interior details include European-style cabinetry, black suede-finish countertops, statement backsplashes, modern lighting, durable flooring, plush bedroom carpet, floating vanities, and gold-tone hardware and fixtures.
Both residences also feature private, privacy-fenced backyards that extend the usable living area outdoors. The property is located on Tippett Street in Houston, Texas, within ZIP code 77088.
Both residences also feature private, privacy-fenced backyards that extend the usable living area outdoors. The property is located on Tippett Street in Houston, Texas, within ZIP code 77088.
Key Highlights
- Two‑story duplex completed in 2026
- Each unit has 3 bedrooms, 2 full bathrooms, and 1 half bath
- Open‑concept living and kitchen layouts in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,469
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$709,380
$709.4K
Cap Rate 7%
$506,700
$506.7K
Cap Rate 9%
$394,100
$394.1K
Market Conditions
NOI Build-Up for 2,708 SF
Gross rent
$53.6K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$50.7K $18.71/SF
− OpEx
−$15.2K −$5.61/SF
NOI
$35.5K $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%
$709,380
Cap Rate 7%
$506,700
Cap Rate 9%
$394,100
Alternative Uses
Best Use
Multifamily LT 5
$506.7K
$443.4K – $591.2K
NOI $35,469 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$438.3K
$383.5K – $511.3K
NOI $30,679 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$696.3K
$609.3K – $812.4K
NOI $48,744 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New construction offers two individually configured residences with contemporary interiors and separately fenced outdoor areas.
Where is this duplex located?
The property is located at 7313 Tippett Street Unit A/B 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: Two‑story duplex completed in 2026; Each unit has 3 bedrooms, 2 full bathrooms, and 1 half bath; Open‑concept living and kitchen layouts in both residences
