Residential Income
For Sale
$389,000
1012 E DAISY Street E A, Houston, TX 77012
Constructed in 1950, the building offers an established residential income asset profile.
Property Size1,300 SF
Price / SF$299.23
Days on Market63
Property Features for 1012 E DAISY Street E A
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Income
Amenities
Plank,Vinyl
Yes
Furnished
Low-Emissivity Windows
Washer Hookup,Dryer Hookup
Appraiser
Furnished,Granite Counters,Ceiling Fan(s),Programmable Thermostat
Cleared,Near Public Transit
12500
1300
Building Details
Building Size
1,300 SF
Year Built
1950
Stories
1
Listing Agency:
Call It Closed Int'l Realty
(281) 444-5140
Listed By:
Sarah Brown
(832) 465-9306
Source:
Garygreene
Added: Aug 8
Changed: Oct 7
Last Checked: Oct 7 at 10:45AM
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 Call It Closed Int'l Realty
Investment Insights
Based on property information with market context.
This residential income property was constructed in 1950. The asset is identified at 1012 E Daisy St E A in Houston, Texas, within the 77012 ZIP code.
Mobility scores include a Walk Score of 61, a Bike Score of 46, and a Transit Score of 36. The source classifications describe the area as Somewhat Walkable, Somewhat Bikeable, and offering Some Transit.
Mobility scores include a Walk Score of 61, a Bike Score of 46, and a Transit Score of 36. The source classifications describe the area as Somewhat Walkable, Somewhat Bikeable, and offering Some Transit.
Key Highlights
- Constructed in 1950
- Located at 1012 E Daisy St E A, Houston, TX 77012
- Walk Score: 61, Somewhat Walkable
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,728
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,560
$294.6K
Cap Rate 7%
$210,400
$210.4K
Cap Rate 9%
$163,644
$163.6K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$28.5K $21.96/SF
− Vacancy
−$1.8K −$1.36/SF
EGI
$26.8K $20.60/SF
− OpEx
−$12.1K −$9.27/SF
NOI
$14.7K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,560
Cap Rate 7%
$210,400
Cap Rate 9%
$163,644
Alternative Uses
Best Use
Apartment 5plus
$210.4K
$184.1K – $245.5K
NOI $14,728 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$334.3K
$292.5K – $390.0K
NOI $23,400 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
Explore this area
Business Placement
Demographics for 77012, TX
18,397
Population
6,867
Households
2.7
Avg Household Size
33
Median Age
10%
College-Educated
59%
High-School Grad
3.9 sq mi
ZIP Area
4,717
Density / Sq Mi
$48,287
Median Household Income
$34,012
Median Earnings
$944
Median Rent
$127,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Constructed in 1950, the building offers an established residential income asset profile.
Where is this residential income property located?
The property is located at 1012 E DAISY Street E A Houston, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Constructed in 1950; Located at 1012 E Daisy St E A, Houston, TX 77012; Walk Score: 61, Somewhat Walkable
