Two-Unit Duplex
For Sale
$325,000
7434 Aljean Lane, Deer Park, TX 77536
Duplex with two 2-bedroom, 1-bath units and separate back yards with walk-in storage closets.
Property Size1,712 SF
Price / SF$189.84
Days on Market170
Property Features for 7434 Aljean Lane
General Information
Standard status
Active
Size
1,712 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,996
Amenities
walk-in storage closet
Tile
Yes
2
4
Washer Hookup,Dryer Hookup
Appraiser
Other
6100
1712
Building Details
Building Size
1,712 SF
Year Built
1979
Stories
1
Tenancy
Multi
Listing Agency:
Hodde Real Estate Company
(281) 367-3531
Listed By:
Rowan Halfacre
(281) 367-4341
Source:
Garygreene
Added: May 7
Changed: Oct 21
Last Checked: Oct 23 at 5:45AM
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 Hodde Real Estate Company
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Investment Insights
Based on property information with market context.
This duplex consists of two residential units, each with two bedrooms and one bathroom. The layout includes an open living and dining area that flows to the kitchen with a bar counter. The back yards are separated, and each side offers a walk-in storage closet for outdoor items.
The property is located in Deer Park, Texas, and is offered for sale. Walk and bike scores indicate a more car-dependent setting.
For investors and buyers seeking a well-defined two-unit configuration, the separated outdoor space and consistent unit layouts can support straightforward management and leasing.
The property is located in Deer Park, Texas, and is offered for sale. Walk and bike scores indicate a more car-dependent setting.
For investors and buyers seeking a well-defined two-unit configuration, the separated outdoor space and consistent unit layouts can support straightforward management and leasing.
Key Highlights
- Duplex built in 1979 featuring two 2‑bedroom, 1‑bath units
- Separate back yards for each unit, each with a walk‑in storage closet
- Each unit includes an open living and dining area and a kitchen with bar counter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,082
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,640
$261.6K
Cap Rate 7%
$186,886
$186.9K
Cap Rate 9%
$145,356
$145.4K
Market Conditions
NOI Build-Up for 1,712 SF
Gross rent
$20.5K $12.00/SF
− Vacancy
−$1.9K −$1.08/SF
EGI
$18.7K $10.92/SF
− OpEx
−$5.6K −$3.27/SF
NOI
$13.1K $7.64/SF
Area
Harris County, TX
Vacancy
9.03%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,640
Cap Rate 7%
$186,886
Cap Rate 9%
$145,356
Alternative Uses
Best Use
Multifamily LT 5
$186.9K
$163.5K – $218.0K
NOI $13,082 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$162.2K
$141.9K – $189.2K
NOI $11,351 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$467.5K
$409.0K – $545.4K
NOI $32,722 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Explore this area
Business Placement
Demographics for 77536, TX
33,693
Population
12,086
Households
2.8
Avg Household Size
37
Median Age
26%
College-Educated
91%
High-School Grad
9.8 sq mi
ZIP Area
3,438
Density / Sq Mi
$96,297
Median Household Income
$49,817
Median Earnings
$1,344
Median Rent
$238,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 2-bedroom, 1-bath units and separate back yards with walk-in storage closets.
Where is this duplex located?
The property is located at 7434 Aljean Lane Deer Park, TX.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Duplex built in 1979 featuring two 2‑bedroom, 1‑bath units; Separate back yards for each unit, each with a walk‑in storage closet; Each unit includes an open living and dining area and a kitchen with bar counter
