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Modern Duplex with Private Driveways
For Sale
$669,990

7451 - 7453 LaSalette Street, Houston, TX 77021

Newly constructed duplex with two 3-bedroom units, each with a 2-car garage, private driveway, and no HOA.

Property Size3,618 SF
Price / SF$185.18
Days on Market78

Property Features for 7451 - 7453 LaSalette Street

General Information

Standard status Active
Size 3,618 SF
Total Parking Spaces 4
Property subtype Multi-Family

Amenities

Plank,Tile,Vinyl
Yes
3
Builder
Quartz Counters,Ceiling Fan(s)
Corner Lot
3450
Appraiser
3618

Building Details

Building Size 3,618 SF
Year Built 2026
Stories 3
Listing Agency: Compass RE Texas, LLC - The Woodlands
Listed By: Nicole Pertuit
Source: Garygreene
Added: Jul 25 Changed: Oct 10 Last Checked: Oct 9 at 6:03PM

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 Compass RE Texas, LLC - The Woodlands

Investment Insights

Based on property information with market context.

This newly constructed duplex offers two separate units, each featuring a 3-bedroom layout and 3.5-bathroom design. Both residences include their own 2-car garage and private driveway, providing separate parking and direct access. Interior finishes include luxury tile work and elegant fixtures, supporting a modern, contemporary look across the homes.

Located in South Union, the property is presented as a new development within a neighborhood described as somewhat walkable with moderate bike and transit scores. The homes are noted as having no HOA, which supports straightforward ownership and day-to-day management.

With multi-level planning for each unit, the duplex is configured for comfortable, self-contained living with distinct exterior and parking arrangements.

Key Highlights

  • Newly constructed duplex (Year Built 2026) with two 3‑bedroom units
  • Each unit includes a private 2‑car garage and private driveway
  • Each unit offers 3.5 bathrooms and luxury tile work with elegant fixtures

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,387
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,740 $947.7K
Cap Rate 7%
$676,957 $677.0K
Cap Rate 9%
$526,522 $526.5K
Market Conditions
NOI Build-Up for 3,618 SF
Gross rent
$71.6K $19.80/SF
− Vacancy
−$3.9K −$1.09/SF
EGI
$67.7K $18.71/SF
− OpEx
−$20.3K −$5.61/SF
NOI
$47.4K $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%
$947,740
Cap Rate 7%
$676,957
Cap Rate 9%
$526,522

Alternative Uses

Best Use
Multifamily LT 5
$677.0K
$592.3K – $789.8K (±1% cap)
NOI $47,387 @ 7.0% cap · market cap 7.07%
Second Best
Apartment 5plus
$585.6K
$512.4K – $683.2K (±1% cap)
NOI $40,989 @ 7.0% cap · market cap 6.12%
Theoretical Best
Office A
$930.3K
$814.1K – $1.09M (±1% cap)
NOI $65,124 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Pharmacy Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

372
Businesses Nearby

Demographics for 77021, TX

28,055
Population
12,819
Households
2.2
Avg Household Size
36
Median Age
34%
College-Educated
87%
High-School Grad
6.1 sq mi
ZIP Area
4,599
Density / Sq Mi
$45,034
Median Household Income
$38,041
Median Earnings
$1,193
Median Rent
$203,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Newly constructed duplex with two 3-bedroom units, each with a 2-car garage, private driveway, and no HOA.
Where is this duplex located?
The property is located at 7451 - 7453 LaSalette Street Houston, TX.
What is the asking price?
The asking price for this property is $669,990.
What are key features of this property?
This property features: Newly constructed duplex (Year Built 2026) with two 3‑bedroom units; Each unit includes a private 2‑car garage and private driveway; Each unit offers 3.5 bathrooms and luxury tile work with elegant fixtures
More about this property
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