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6014 Grace Ln
Houston, TX 77021
Luxury New-Build Duplex | 6 Beds Total | High · Multifamily Property For Sale
·
2 Units
Investment Highlights
- • Brand-New 2025 Duplex – Low maintenance, turnkey investment
- • Prime Location – Near Texas Medical Center, University of Houston & Downtown
- • Dual Strategy Flexibility – Long-term rental or Airbnb upside
- • 2 Units | 3 Bed / 2.5 Bath Each (6 Beds Total) – Strong rental demand
- • Large 3,536 SF Layout – Modern design supports premium rents
- • Private Garages + Backyards – Rare duplex features, boosts tenant appeal
Executive Summary
New construction duplex completed in 2025, located in Houston's Griggs Terrace, University Area. Never lived in. Two fully independent 3-bed/2.5-bath units, each with a private 2-car garage and fenced backyard. 3,536 sq ft total, two-story layout with high ceilings, large windows, and luxury vinyl plank flooring throughout. Kitchen (10x16): quartz countertops, stainless steel appliances, island, two-tone cabinetry. Primary suite (13x15): dual-sink vanity, quartz counters, tiled tub/shower. Secondary bedrooms: 12x10 and 11x10. Half bath on main floor. Laundry connections per unit. Refrigerator, microwave, dishwasher, disposal, and alarm system included. Living room: 19x18. Central electric/gas HVAC. Composition roof. 5,000 sq ft lot. No HOA. No restrictions. Floor plan attached. Minutes from Texas Medical Center, University of Houston, TSU, Downtown Houston, Midtown, and the Museum District.
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Property Facts
| Price Per Unit | $391,552 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Size | 3,536 SF |
| Cap Rate | 5.04% | Average Occupancy | 0% |
| Sale Condition | Build to Suit | No. Stories | 2 |
| No. Units | 2 | Year Built | 2025 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Zoning | Residential (Duplex) - Residential (Duplex) | ||
| Price Per Unit | $391,552 CAD |
| Sale Type | Investment |
| Cap Rate | 5.04% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Size | 3,536 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | Residential (Duplex) - Residential (Duplex) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 3 | $2,956 CAD | 1,768 |
Property Taxes
| Parcel Number | 0460360010022 | Improvements Assessment | $0 CAD |
| Land Assessment | $123,735 CAD | Total Assessment | $123,735 CAD |
Property Taxes
Parcel Number
0460360010022
Land Assessment
$123,735 CAD
Improvements Assessment
$0 CAD
Total Assessment
$123,735 CAD
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