New Construction
New
For Sale
$598,900
9506 Chesterfield Drive, Houston, TX 77051
Two separate homes offer private garages and flexible space for offices and recreation.
Property Size4,000 SF
Price / SF$149.73
Days on Market2
Property Features for 9506 Chesterfield Drive
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Sunnyside
Highway Access
Yes
Units
Unit Mix
2 x 3BR/2.5BA + office + game room
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,169
Building Details
Building Size
4,000 SF
Year Built
2027
Buildings
1
Listing Agency:
Listing Spark
Listed By:
Aaron Jistel · License #0548216
(877) 897-7275
Source:
Nancyalmodovar
Added: Oct 23
Last Checked: Oct 23 at 4:54PM
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 Listing Spark
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Investment Insights
Based on property information with market context.
This Houston duplex is listed with a 2027 year built and 4,000 SF across two residences. Each unit includes three bedrooms, two-and-a-half baths, an office, a bonus-game room, and a private garage. Open-concept living areas and premium finishes are noted for both homes.
The property is in Houston’s 77051 area, with access to SH-288. The two-home layout provides separate residential spaces within one duplex property.
The property is in Houston’s 77051 area, with access to SH-288. The two-home layout provides separate residential spaces within one duplex property.
Key Highlights
- 4,000 SF duplex with two residences
- Each residence has 3 bedrooms and 2.5 baths
- One office and one bonus‑game room in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,391
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,820
$1.0M
Cap Rate 7%
$748,443
$748.4K
Cap Rate 9%
$582,122
$582.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$79.2K $19.80/SF
− Vacancy
−$4.4K −$1.09/SF
EGI
$74.8K $18.71/SF
− OpEx
−$22.5K −$5.61/SF
NOI
$52.4K $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%
$1,047,820
Cap Rate 7%
$748,443
Cap Rate 9%
$582,122
Alternative Uses
Best Use
Multifamily LT 5
$748.4K
$654.9K – $873.2K
NOI $52,391 @ 7.0% cap · market cap 8.75%
Second Best
Apartment 5plus
$647.4K
$566.5K – $755.3K
NOI $45,317 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$1.03M
$900.0K – $1.20M
NOI $72,000 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate homes offer private garages and flexible space for offices and recreation.
Where is this duplex located?
The property is located at 9506 Chesterfield Drive Houston, TX.
What is the asking price?
The asking price for this property is $598,900.
What are key features of this property?
This property features: 4,000 SF duplex with two residences; Each residence has 3 bedrooms and 2.5 baths; One office and one bonus‑game room in each unit
