Duplex with Main-Level
For Sale
$499,990
Ab-6818 Burkett St, Houston, TX 77004
New construction features a first-floor primary suite and upstairs space suited to tenant occupancy.
Property Size2,500 SF
Price / SF$199
Days on Market11
Property Features for Ab-6818 Burkett St
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Greater Third Ward
Highway Access
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,678
Building Details
Year Built
2026
Listing Agency:
New Age
(713) 505-8805
Listed By:
Ashwin Kewalramani · License #0700464
(713) 373-7401
Source:
Exprealty
Added: Oct 25
Changed: Nov 3
Last Checked: Nov 3 at 2:57PM
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 New Age
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 Houston duplex is under construction, with completion estimated for December 2026. Its floor plan includes a primary suite on the first level and separate upstairs space described for tenant use.
The property is in Houston, minutes from the Medical Center, Highway 288, and downtown. Its two-unit configuration supports owner occupancy in one unit with the other leased, or rental of both units.
The property is in Houston, minutes from the Medical Center, Highway 288, and downtown. Its two-unit configuration supports owner occupancy in one unit with the other leased, or rental of both units.
Key Highlights
- Duplex with a first‑floor primary suite
- Upstairs space suited to tenant occupancy
- Estimated completion: December 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,744
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$654,880
$654.9K
Cap Rate 7%
$467,771
$467.8K
Cap Rate 9%
$363,822
$363.8K
Market Conditions
NOI Build-Up for 2,500 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
$32.7K $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%
$654,880
Cap Rate 7%
$467,771
Cap Rate 9%
$363,822
Alternative Uses
Best Use
Multifamily LT 5
$467.8K
$409.3K – $545.7K
NOI $32,744 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$404.6K
$354.0K – $472.1K
NOI $28,323 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$642.9K
$562.5K – $750.0K
NOI $45,000 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,037
Businesses Nearby
Explore this area
Business Placement
Demographics for 77004, TX
37,005
Population
18,321
Households
2
Avg Household Size
31
Median Age
57%
College-Educated
96%
High-School Grad
5.2 sq mi
ZIP Area
7,116
Density / Sq Mi
$65,901
Median Household Income
$55,909
Median Earnings
$1,320
Median Rent
$384,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - New construction features a first-floor primary suite and upstairs space suited to tenant occupancy.
Where is this duplex located?
The property is located at Ab-6818 Burkett St Houston, TX.
What is the asking price?
The asking price for this property is $499,990.
What are key features of this property?
This property features: Duplex with a first‑floor primary suite; Upstairs space suited to tenant occupancy; Estimated completion: December 2026
