Four-Unit Stacked Duplex
For Sale
$999,900
9407 Kappa Drive A-D, Houston, TX 77051
Stacked duplex configuration with spacious three-bedroom, two-bathroom units and access to major Houston thoroughfares.
Property Size6,490 SF
Price / SF$154.07
Days on Market47
Property Features for 9407 Kappa Drive A-D
General Information
Standard status
Active
Size
6,490 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Sunnyside
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,753
Amenities
Yes
2
3
Builder
7700
Appraiser
6490
Building Details
Building Size
6,490 SF
Year Built
2027
Stories
2
Listing Agency:
Brooks & Davis Real Estate
(713) 665-8329
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Garygreene
Added: Sep 21
Changed: Nov 4
Last Checked: Nov 4 at 10:38AM
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 Brooks & Davis Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This quadplex property comprises two stacked duplexes arranged as a four-unit package. Each residence includes 3 bedrooms and 2 bathrooms, creating a consistent layout across the asset. The property is identified with a 2027 year built and is located at 9407 Kappa Dr A-D in Houston.
The property offers access to major thoroughfares and is near the Texas Medical Center and Houston ISD public schools. Walk Score is 7, indicating a car-dependent setting, while BikeScore is 42, classified as somewhat bikeable. TransitScore is 20, reflecting minimal transit access.
The property offers access to major thoroughfares and is near the Texas Medical Center and Houston ISD public schools. Walk Score is 7, indicating a car-dependent setting, while BikeScore is 42, classified as somewhat bikeable. TransitScore is 20, reflecting minimal transit access.
Key Highlights
- Two stacked duplexes configured as a four‑unit quadplex package
- Each unit includes 3 bedrooms and 2 bathrooms
- 2027 year built
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,004
Cap Rate
8.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,080
$1.7M
Cap Rate 7%
$1,214,343
$1.2M
Cap Rate 9%
$944,489
$944.5K
Market Conditions
NOI Build-Up for 6,490 SF
Gross rent
$128.5K $19.80/SF
− Vacancy
−$7.1K −$1.09/SF
EGI
$121.4K $18.71/SF
− OpEx
−$36.4K −$5.61/SF
NOI
$85.0K $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%
$1,700,080
Cap Rate 7%
$1,214,343
Cap Rate 9%
$944,489
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.42M
NOI $85,004 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$1.05M
$919.1K – $1.23M
NOI $73,526 @ 7.0% cap · market cap 7.35%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,820 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Stacked duplex configuration with spacious three-bedroom, two-bathroom units and access to major Houston thoroughfares.
Where is this quadplex located?
The property is located at 9407 Kappa Drive A-D Houston, TX.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Two stacked duplexes configured as a four‑unit quadplex package; Each unit includes 3 bedrooms and 2 bathrooms; 2027 year built
