Two-Story Duplex with Fenced
For Sale
$510,000
7313 Tippett Street A/B, Houston, TX 77088
Each unit offers three bedrooms, two full bathrooms, and one half bath in an open-concept layout.
Property Size2,708 SF
Price / SF$188.33
Days on Market61
Property Features for 7313 Tippett Street A/B
General Information
Standard status
Active
Size
2,708 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
private backyard
Building Details
Year Built
2026
Buildings
1
Stories
2
Construction
modern
Listing Agency:
The Reyna Group
Listed By:
Melissa Rodriguez · License #0764347
(832) 297-6788
Source:
Nova-era
Added: Aug 8
Changed: Oct 3
Last Checked: Oct 5 at 9:18PM
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
Investment Insights
Based on property information with market context.
This two-story duplex contains two separately configured units, each with three bedrooms, two full bathrooms, and one half bath. Open living areas connect to kitchens finished with European-style cabinetry, black suede countertops, decorative tile backsplashes, gold-toned hardware, and contemporary fixtures. Durable flooring serves the main living spaces, while the bedrooms include carpet and individual accent-wall treatments. The bathrooms feature tiled surfaces, floating vanities, matching black suede counters, and gold-finish details.
Each unit includes a private, privacy-fenced backyard for outdoor use. The property is located at 7313 Tippett St A/B in Houston, Texas 77088, and carries a 2026 year built designation. Reported mobility measures include a bike score of 42, a walk score of 45, and a transit score of 48.
Each unit includes a private, privacy-fenced backyard for outdoor use. The property is located at 7313 Tippett St A/B in Houston, Texas 77088, and carries a 2026 year built designation. Reported mobility measures include a bike score of 42, a walk score of 45, and a transit score of 48.
Key Highlights
- Duplex with two stories and two residential units
- Each unit includes 3 bedrooms, 2 full bathrooms, and 1 half bath
- Open‑concept interiors with European‑style cabinetry and black suede countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,469
Cap Rate
6.95%
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 6.95%
Second Best
Apartment 5plus
$438.3K
$383.5K – $511.3K
NOI $30,679 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$696.3K
$609.3K – $812.4K
NOI $48,744 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each unit offers three bedrooms, two full bathrooms, and one half bath in an open-concept layout.
Where is this duplex located?
The property is located at 7313 Tippett Street A/B Houston, TX.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Duplex with two stories and two residential units; Each unit includes 3 bedrooms, 2 full bathrooms, and 1 half bath; Open‑concept interiors with European‑style cabinetry and black suede countertops
