1011 W 10TH ST, Houston, TX 77008
Fully renovated 14-unit multifamily property offering modernized interiors and currently 100% occupancy in Houston Heights.
- Added:
- Jun 16, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 20 at 9:04 am
Property Features for 1011 W 10TH ST
General Information
- Standard status
- Active
- Size
- 9,812 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing agent Ryan DeGennaro License #TX 9004042
Listing office Partners (713) 316-7059
Listing date Jun 16, 2026
Source Crexi
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 Partners
HighLights
- Fully renovated 14‑unit multifamily community at 1011 W. 10th Street
- 100% occupancy currently in place
- Year built 1970
- Modernized interiors with significant property‑wide upgrades as part of a capital improvement program
Overview
Located in the heart of the Houston Heights, the community benefits from an inner-loop rental setting within one of Houston’s most active neighborhoods. The offering is described as currently operating at 100% occupancy, reflecting strong in-place leasing performance at the time of listing.
For investors or owner-operators, the combination of a renovated asset base and stabilized occupancy can be particularly appealing for those seeking a turn-key residential income property. The 14-unit size supports hands-on management and streamlined operations, while the recent improvements may help reduce near-term property refresh needs. Buyers focused on a smaller multifamily format with updated interiors and immediate occupancy should find the current configuration well aligned with an actively maintained rental strategy.
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 | $215.5k | $21.96 |
| − Vacancy | −$13.4k | −$1.36 |
| EGI | $202.1k | $20.60 |
| − OpEx | −$91.0k | −$9.27 |
| NOI | $111.2k | $11.33 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.4076646
- Latitude
- 29.7889383
