$510,000
7555 Calhoun Rd, Houston, TX 77033
Current Rent **
N/A
Projected Rent **
$4,300
Modern Duplex | Strong Cash Flow | Prime Houston Location
Modern new construction offering 3 bedrooms, 2.5 bathrooms, and 2,768 sqft of thoughtfully designed living space on an approximately 7,000 sqft lot. This gated property features a private driveway and expansive yard space, ideal for outdoor entertaining, pets, or future additions. Inside, the home showcases an open-concept layout with designer lighting, and contemporary finishes throughout. The kitchen features sleek countertops, modern fixtures, and ample space for cooking and entertaining. The spacious primary suite includes a double vanity, glass-enclosed shower, and elegant finishes. Stylish staircase design and large windows provide abundant natural light. Conveniently located near Downtown Houston and the Texas Medical Center, offering easy access to major highways, dining, and city amenities.
Investment highlights
Brand New Construction (2026)
High Yield Asset
Strong Rental Demand Location
Low Maintenance / Turnkey Investment
Gated Property for Added Security
Ideal for House Hack or Buy & Hold Strategy
💵 INCOME POTENTIAL
🟢 Long-Term Rental Strategy
• Monthly Rent (per unit): $2,150
• Total Monthly Income: $4,300
• Annual Gross Income: $51,600
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📊 OPERATING EXPENSES
• Property Taxes: $8,827/year
• Insurance: $2,500/year
• Maintenance (8%): $4,128
• Vacancy (5%): $2,580
• Property Management (8%): $4,128
👉 Total Expenses: $22,163/year
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🟢 NET OPERATING INCOME (NOI)
👉 NOI: $29,437/year
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📈 PROJECTED RETURNS
• Cap Rate: ~5.77% (based on $510,000 price)
• GRM: ~9.88
• Price per Unit: $255,000
⭐ INVESTMENT HIGHLIGHTS
• Brand New Construction (Low CapEx)
• High-Demand Rental Location
• Near Texas Medical Center & University of Houston
• Strong 7% Cap Rate
• Ideal for House Hacking (Live in one, rent the other)
• Flexible Exit Strategies (LTR, MTR, STR if allowed)
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🚀 INVESTMENT EDGE
This is not just a standard duplex — it’s a low-risk, high-demand rental asset in one of Houston’s most active rental corridors.
With modern construction, strong pro-forma rents, and proximity to key economic drivers, this property is positioned to deliver:
• Stable cash flow
• Long-term appreciation
• Tenant demand resilience
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🏡 SHORT-TERM RENTAL (AIRBNB) STRATEGY
💲 Projected Nightly Rate:
Up to $150 per night (per unit)
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🏢 Full Duplex Potential (2 Units Combined)
• Conservative (50% Occupancy)
• Monthly Revenue: ~$4,500
• Annual Revenue: ~$54,000
• Moderate (65% Occupancy)
• Monthly Revenue: ~$6,000
• Annual Revenue: ~$72,000
• High Performance (75% Occupancy)
• Monthly Revenue: ~$6,900
• Annual Revenue: ~$82,800
Wale Lawal
Real Estate Broker & Advisor
The Networth Builders Team
Brokered By: LPT Realty
Cell: 832-776-9582
Email: [email protected]
Location:
7555 Calhoun Rd, Houston, TX 77033
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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