Two-Unit Modern
New
For Sale
$355,000
A-b-1414 Fidelity St, Houston, TX 77029
Each residence combines a two-story layout with open living space below and bedrooms with private baths upstairs.
Property Size1,914 SF
Price / SF$185.48
Days on Market7
Property Features for A-b-1414 Fidelity St
General Information
Standard status
Active
Size
1,914 SF
Total Parking Spaces
4
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/2.5BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$782
Building Details
Buildings
1
Listing Agency:
Nuresi CORP
Listed By:
Chris Grizzaffi
(713) 742-3005
Source:
Exprealty
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 5 at 8:29PM
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 Nuresi CORP
Investment Insights
Based on property information with market context.
Under construction at 1414 Fidelity St, this duplex contains 1,914 square feet across two separate residences, with completion expected in November. Each two-story unit measures just under 1,000 square feet and includes two bedrooms, 2.5 baths, an attached two-car carport, and an open-concept living area on the ground floor. Bedrooms and private bathrooms are located upstairs. Contemporary exterior design and modern interior finishes complete the property.
The property is near Galena Park and the Houston Ship Channel employment corridor, with access to I-10, Loop 610, Houston’s East End, and Downtown Houston.
The property is near Galena Park and the Houston Ship Channel employment corridor, with access to I-10, Loop 610, Houston’s East End, and Downtown Houston.
Key Highlights
- 1,914 SF duplex with two separate residences
- Each unit is just under 1,000 SF, with 2 bedrooms and 2.5 baths
- Two‑story layouts feature open‑concept living downstairs and bedrooms upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,069
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,380
$501.4K
Cap Rate 7%
$358,129
$358.1K
Cap Rate 9%
$278,544
$278.5K
Market Conditions
NOI Build-Up for 1,914 SF
Gross rent
$37.9K $19.80/SF
− Vacancy
−$2.1K −$1.09/SF
EGI
$35.8K $18.71/SF
− OpEx
−$10.7K −$5.61/SF
NOI
$25.1K $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%
$501,380
Cap Rate 7%
$358,129
Cap Rate 9%
$278,544
Alternative Uses
Best Use
Multifamily LT 5
$358.1K
$313.4K – $417.8K
NOI $25,069 @ 7.0% cap · market cap 7.06%
Second Best
Apartment 5plus
$309.8K
$271.1K – $361.4K
NOI $21,684 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$492.2K
$430.7K – $574.2K
NOI $34,452 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
222
Businesses Nearby
Explore this area
Business Placement
Demographics for 77029, TX
17,044
Population
6,386
Households
2.7
Avg Household Size
36
Median Age
9%
College-Educated
62%
High-School Grad
10.6 sq mi
ZIP Area
1,608
Density / Sq Mi
$49,601
Median Household Income
$32,614
Median Earnings
$1,129
Median Rent
$115,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence combines a two-story layout with open living space below and bedrooms with private baths upstairs.
Where is this duplex located?
The property is located at A-b-1414 Fidelity St Houston, TX.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 1,914 SF duplex with two separate residences; Each unit is just under 1,000 SF, with 2 bedrooms and 2.5 baths; Two‑story layouts feature open‑concept living downstairs and bedrooms upstairs
