New Construction
9309 Caddo Road Unit A/B, Houston, TX 77078
For Sale
$430,000
Two matching residences each provide three bedrooms, two bathrooms, and a private side yard.
Property Size2,603 SF
Price / SF$165.19
Days on Market32
Property Features for 9309 Caddo Road Unit A/B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
eXp Realty LLC
Listed By:
Lina Monteverde
(832) 205-0423
Source:
Bethwolff
Added: Oct 10
Changed: Nov 10
Last Checked: Nov 10 at 2:05PM
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 eXp Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2026-built duplex contains 2,603 square feet arranged as two identical units. Each residence has three bedrooms and two bathrooms, with vaulted ceilings, wood-plank flooring, and an open dining area connected to a private side yard. Kitchens include white shaker cabinetry, brass hardware, navy tile backsplashes, gas ranges, navy islands, and white quartz counters. Bathrooms feature quartz vanities, brass fixtures, and dark marble-look shower tile.
The property is in Houston’s Kentshire Place area, 8 miles from Generation Park. Access routes include I-610, Tidwell, and Wayside.
The property is in Houston’s Kentshire Place area, 8 miles from Generation Park. Access routes include I-610, Tidwell, and Wayside.
Key Highlights
- New construction completed in 2026
- 2,603 square feet across two matching units
- Each unit has 3 bedrooms and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,093
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,860
$681.9K
Cap Rate 7%
$487,043
$487.0K
Cap Rate 9%
$378,811
$378.8K
Market Conditions
NOI Build-Up for 2,603 SF
Gross rent
$51.5K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.7K $18.71/SF
− OpEx
−$14.6K −$5.61/SF
NOI
$34.1K $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%
$681,860
Cap Rate 7%
$487,043
Cap Rate 9%
$378,811
Alternative Uses
Best Use
Multifamily LT 5
$487.0K
$426.2K – $568.2K
NOI $34,093 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$421.3K
$368.6K – $491.5K
NOI $29,490 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$669.3K
$585.7K – $780.9K
NOI $46,854 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 77078, TX
14,855
Population
5,607
Households
2.6
Avg Household Size
33
Median Age
12%
College-Educated
73%
High-School Grad
10.3 sq mi
ZIP Area
1,442
Density / Sq Mi
$38,838
Median Household Income
$28,600
Median Earnings
$1,336
Median Rent
$151,500
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences each provide three bedrooms, two bathrooms, and a private side yard.
Where is this duplex located?
The property is located at 9309 Caddo Road Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: New construction completed in 2026; 2,603 square feet across two matching units; Each unit has 3 bedrooms and 2 bathrooms
