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Upgraded Duplex with Spacious Units
For Sale
$450,000

9325 Camay Drive, Houston, TX 77016

Two three-bedroom units offer upgraded finishes, stainless steel appliances, and generous living areas.

Property Size3,612 SF
Price / SF$139.93
Days on Market76

Property Features for 9325 Camay Drive

General Information

Standard status Active
Size 3,612 SF
Property subtype Multi Family,Duplex

Site & Location

Neighborhood Trinity / Houston Gardens
Public Transit Yes

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,300

Building Details

Building Size 3,612 SF
Year Built 2024
Listing Agency: Real Property Management Prefe
Listed By: Joni Wolfswinkel · License #0559262
Source: Nancyalmodovar
Added: Aug 12 Changed: Oct 25 Last Checked: Oct 24 at 9:57PM

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 Real Property Management Prefe

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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.

Built in 2024, this duplex contains 3,216 total square feet with two 1,608-square-foot units. Each side includes three bedrooms, 2.5 bathrooms, and a spacious living area. Interior features include wood flooring, stainless steel appliances, granite countertops, and tiled backsplashes.

The property is located at 9325 Camay Dr in Houston, Texas. Both units share the same upgraded interior finish package, creating a consistent configuration across the duplex. Walk Score is 43, Bike Score is 37, and Transit Score is 38.

Key Highlights

  • 3,216 total square feet across two units
  • Each unit measures 1,608 square feet with 3 bedrooms and 2.5 bathrooms
  • Built in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$36,435
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,700 $728.7K
Cap Rate 7%
$520,500 $520.5K
Cap Rate 9%
$404,833 $404.8K
Market Conditions
NOI Build-Up for 3,216 SF
Gross rent
$70.6K $21.96/SF
− Vacancy
−$4.4K −$1.36/SF
EGI
$66.2K $20.60/SF
− OpEx
−$29.8K −$9.27/SF
NOI
$36.4K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$728,700
Cap Rate 7%
$520,500
Cap Rate 9%
$404,833

Alternative Uses

Best Use
Multifamily LT 5
$601.7K
$526.5K – $702.0K (±1% cap)
NOI $42,122 @ 7.0% cap · market cap 9.36%
Second Best
Apartment 5plus
$520.5K
$455.4K – $607.3K (±1% cap)
NOI $36,435 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$827.0K
$723.6K – $964.8K (±1% cap)
NOI $57,888 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

424
Businesses Nearby

Demographics for 77016, TX

29,966
Population
11,131
Households
2.7
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
9.9 sq mi
ZIP Area
3,027
Density / Sq Mi
$46,411
Median Household Income
$30,510
Median Earnings
$1,163
Median Rent
$111,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom units offer upgraded finishes, stainless steel appliances, and generous living areas.
Where is this duplex located?
The property is located at 9325 Camay Drive Houston, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,216 total square feet across two units; Each unit measures 1,608 square feet with 3 bedrooms and 2.5 bathrooms; Built in 2024
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