20918 Dunn New Caney, TX 77357
Residential Multi Family, Other - New Caney, TX
- Added:
- Feb 28, 2026
- Days on Market:
- 133
- Last Refresh:
- Jul 11 at 8:06 am
Property Features for 20918 Dunn
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- Size
- 2,668 SF
- Lot size
- 0.66 Acres
Building Details
- Year built
- 1981
- Architectural style
- Other
Listing agent Alex Townsend License #695649,PersonLicenseNumber (281) 746-3360
Listing office NextHome Realty Center 16610 Mueschke Rd., Ste A, TX (281) 213-6200
Listing date Feb 28, 2026
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Investment opportunity: Property can be sold as a whole or as two separate properties.
- 20918 is subdivided into 3 independent apartments, providing rental income potential.
- 20922 is a manufactured home with 3 bedrooms and 2 baths, offering comfortable living space.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.1k | $20.28 |
| − Vacancy | −$3.1k | −$1.18 |
| EGI | $51.0k | $19.10 |
| − OpEx | −$22.9k | −$8.60 |
| NOI | $28.0k | $10.51 |
