Duplex With Separate Living
For Sale
$350,000
7407 Rusk Street A, Houston, TX 77011
Two distinct living areas support occupancy flexibility and multigenerational use.
Property Size2,256 SF
Price / SF$155.14
Days on Market57
Property Features for 7407 Rusk Street A
General Information
Standard status
Active
Size
2,256 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
East End
Units
Unit Mix
1 x 3BR/2.5BA, 1 x 1BR
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,254
Amenities
1
Yes
4
Electric Dryer Hookup
Appraiser
Ceiling Fan(s)
Subdivision
No
Public
2542
Detached Carport
Slab
2256
Building Details
Building Size
2,256 SF
Year Built
2020
Stories
2
Listing Agency:
Roots Brokerage
(713) 961-1722
Listed By:
Randall Custer
(713) 494-6576
Source:
Garygreene
Added: Aug 30
Changed: Oct 25
Last Checked: Oct 24 at 2:53PM
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 Roots Brokerage
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Investment Insights
Based on property information with market context.
This duplex combines a 1,805-square-foot primary residence with a separate 451-square-foot suite. The main home includes three bedrooms, two-and-a-half baths, an upstairs loft, and an open living arrangement. The suite adds one bedroom and expands the property's options for guests, extended household members, or rental use.
Interior finishes include luxury vinyl flooring, shaker cabinetry, stone countertops, stainless steel appliances, and a gas range. The primary bedroom has vaulted ceilings and a private bath with a soaking tub, separate shower, dual sinks, and an enclosed toilet room. Spray foam insulation, double-pane windows, and walk-in closets are also included. A detached carport provides covered parking.
Interior finishes include luxury vinyl flooring, shaker cabinetry, stone countertops, stainless steel appliances, and a gas range. The primary bedroom has vaulted ceilings and a private bath with a soaking tub, separate shower, dual sinks, and an enclosed toilet room. Spray foam insulation, double-pane windows, and walk-in closets are also included. A detached carport provides covered parking.
Key Highlights
- 2,256‑square‑foot duplex with separate main residence and suite
- Main home includes 1,805 square feet, 3 bedrooms, 2.5 baths, and an upstairs loft
- Separate 451‑square‑foot suite with 1 bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,548
Cap Rate
8.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,960
$591.0K
Cap Rate 7%
$422,114
$422.1K
Cap Rate 9%
$328,311
$328.3K
Market Conditions
NOI Build-Up for 2,256 SF
Gross rent
$44.7K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$42.2K $18.71/SF
− OpEx
−$12.7K −$5.61/SF
NOI
$29.5K $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%
$590,960
Cap Rate 7%
$422,114
Cap Rate 9%
$328,311
Alternative Uses
Best Use
Multifamily LT 5
$422.1K
$369.4K – $492.5K
NOI $29,548 @ 7.0% cap · market cap 8.44%
Second Best
Apartment 5plus
$365.1K
$319.5K – $426.0K
NOI $25,559 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$580.1K
$507.6K – $676.8K
NOI $40,608 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
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Business Placement
Demographics for 77011, TX
16,841
Population
7,366
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
59%
High-School Grad
3.4 sq mi
ZIP Area
4,953
Density / Sq Mi
$49,163
Median Household Income
$36,517
Median Earnings
$1,063
Median Rent
$187,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct living areas support occupancy flexibility and multigenerational use.
Where is this duplex located?
The property is located at 7407 Rusk Street A Houston, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2,256‑square‑foot duplex with separate main residence and suite; Main home includes 1,805 square feet, 3 bedrooms, 2.5 baths, and an upstairs loft; Separate 451‑square‑foot suite with 1 bedroom
