New Construction
For Sale
$699,900
Ab-6619 Avenue Q, Houston, TX 77011
Two matching residences combine private outdoor space with contemporary interiors and three-bedroom layouts.
Property Size3,212 SF
Price / SF$217.90
Days on Market10
Property Features for Ab-6619 Avenue Q
General Information
Standard status
Active
Size
3,212 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Magnolia Park
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,161
Building Details
Buildings
1
Construction
modern farmhouse
Listing Agency:
Happen Houston
(713) 391-8637
Listed By:
Gustavo A Miquilarena
(281) 203-4802
Source:
Exprealty
Added: Oct 16
Changed: Oct 25
Last Checked: Oct 25 at 2:31AM
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 Happen Houston
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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.
This newly built duplex contains two units, each with 3 bedrooms and 2.5 bathrooms. Both residences include a ground-floor bedroom, covered patio, and private fenced yard. Upstairs, 12-foot ceilings and 8-foot windows bring natural light into the living area. Kitchens feature two-tone slim shaker cabinetry, quartz countertops, stainless steel appliances, and walk-in pantries. Each primary suite has high ceilings and an ensuite with double vanities, white oak cabinetry, a soaking tub, custom tile, and a frameless glass shower.
The property is in Houston’s East End/Magnolia Park, minutes from Downtown, EaDo, and East River. It is described as new construction and was built by Jain & Co. and Bayou Hawthorne, with design by Drafthouse Designs.
The property is in Houston’s East End/Magnolia Park, minutes from Downtown, EaDo, and East River. It is described as new construction and was built by Jain & Co. and Bayou Hawthorne, with design by Drafthouse Designs.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 2.5 bathrooms per residence
- Each unit has a ground‑floor bedroom, covered patio, and private fenced yard
- 12‑foot ceilings and 8‑foot windows on the upper level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,070
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,400
$841.4K
Cap Rate 7%
$601,000
$601.0K
Cap Rate 9%
$467,444
$467.4K
Market Conditions
NOI Build-Up for 3,212 SF
Gross rent
$63.6K $19.80/SF
− Vacancy
−$3.5K −$1.09/SF
EGI
$60.1K $18.71/SF
− OpEx
−$18.0K −$5.61/SF
NOI
$42.1K $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%
$841,400
Cap Rate 7%
$601,000
Cap Rate 9%
$467,444
Alternative Uses
Best Use
Multifamily LT 5
$601.0K
$525.9K – $701.2K
NOI $42,070 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$519.8K
$454.9K – $606.5K
NOI $36,389 @ 7.0% cap · market cap 5.20%
Theoretical Best
Office A
$825.9K
$722.7K – $963.6K
NOI $57,816 @ 7.0% cap · market cap 8.26%
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
613
Businesses Nearby
Explore this area
Business Placement
Demographics for 77011, TX
16,841
Population
7,366
Households
2.3
Avg Household Size
37
Median Age
10%
College-Educated
59%
High-School Grad
3.4 sq mi
ZIP Area
4,953
Density / Sq Mi
$49,163
Median Household Income
$36,517
Median Earnings
$1,063
Median Rent
$187,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences combine private outdoor space with contemporary interiors and three-bedroom layouts.
Where is this duplex located?
The property is located at Ab-6619 Avenue Q Houston, TX.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 2.5 bathrooms per residence; Each unit has a ground‑floor bedroom, covered patio, and private fenced yard; 12‑foot ceilings and 8‑foot windows on the upper level
