Two-Story
New
For Sale
$449,900
A-b-9443 Radio Rd, Houston, TX 77075
Both residences are occupied, with leases in place and updated kitchens, bathrooms, and interior finishes.
Property Size2,501 SF
Price / SF$179.89
Days on Market5
Property Features for A-b-9443 Radio Rd
General Information
Standard status
Active
Size
2,501 SF
Property subtype
Residential Income
Occupancy
100%
Site & Location
Neighborhood
Greater Hobby Area
Additional Details
Multifamily Units
2
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$5,512
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Brooks & Davis Real Estate
(713) 665-8329
Listed By:
Andre Beraud · License #667248
(832) 524-4526
Source:
Exprealty
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:29PM
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 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 two-story duplex contains two residences, both currently tenant-occupied with leases in place. Interior updates include open-concept living areas, contemporary finishes, refreshed kitchens with cabinetry and durable countertops, and updated bathrooms. Each unit also includes bedrooms.
The property is in Houston, with access to major thoroughfares, shopping, dining, and local parks.
The property is in Houston, with access to major thoroughfares, shopping, dining, and local parks.
Key Highlights
- Two‑story duplex with both residences tenant‑occupied
- Leases are in place for both units
- Updated kitchens feature refreshed cabinetry and durable countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,757
Cap Rate
7.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$655,140
$655.1K
Cap Rate 7%
$467,957
$468.0K
Cap Rate 9%
$363,967
$364.0K
Market Conditions
NOI Build-Up for 2,501 SF
Gross rent
$49.5K $19.80/SF
− Vacancy
−$2.7K −$1.09/SF
EGI
$46.8K $18.71/SF
− OpEx
−$14.0K −$5.61/SF
NOI
$32.8K $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%
$655,140
Cap Rate 7%
$467,957
Cap Rate 9%
$363,967
Alternative Uses
Best Use
Multifamily LT 5
$468.0K
$409.5K – $546.0K
NOI $32,757 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$404.8K
$354.2K – $472.2K
NOI $28,334 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$643.1K
$562.7K – $750.3K
NOI $45,018 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Explore this area
Business Placement
Demographics for 77075, TX
38,873
Population
13,267
Households
2.9
Avg Household Size
32
Median Age
16%
College-Educated
70%
High-School Grad
11.2 sq mi
ZIP Area
3,471
Density / Sq Mi
$71,509
Median Household Income
$34,327
Median Earnings
$1,225
Median Rent
$219,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with leases in place and updated kitchens, bathrooms, and interior finishes.
Where is this duplex located?
The property is located at A-b-9443 Radio Rd Houston, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑story duplex with both residences tenant‑occupied; Leases are in place for both units; Updated kitchens feature refreshed cabinetry and durable countertops
