Renovated Triplex with Furnished
1015 Brooks St Houston, TX 77009
For Sale
$1,100,000
Completely renovated furnished triplex with private entrances, full kitchens, and fenced grounds with six parking spaces.
Property Size3,305 SF
Price / SF$332.83
Days on Market37
Property Features for 1015 Brooks St
General Information
- Standard status
- Active
- Size
- 3,305 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing Agency:
(832) 659-7553
Listed By:
Krista Lancton · License #0655543
(832) 659-7553
Source:
Elliman
Added: Jun 20
Changed: Jul 22
Last Checked: Jul 26 at 11:23AM
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 Krista Lancton
Investment Insights
Based on property information with market context.
This completely renovated, fully furnished triplex consists of three separate units: a single-family home and a duplex on two levels. Unit 1 is the single-family home with a private entrance and full kitchen, featuring 5 bedrooms and 5 bathrooms plus a study, along with an in-unit washer/dryer. Unit 2 is a first-floor duplex unit with its own private entrance, a full kitchen, 2 bedrooms and 2 bathrooms, and a washer/dryer in unit. Unit 3 is a second-floor duplex unit with a shared laundry arrangement with Unit 2, offering 2 bedrooms and 2 bathrooms and a fully equipped kitchen.
The property is fully fenced and includes multiple patios with downtown views, plus six on-site parking spaces. It is located across the street from Bad Astronaut Brewery, about 1/2 mile to U of H Downtown, and under 2.5 miles from downtown sports venues.
Together, the three units can comfortably sleep up to 26 guests. The offering is described as income producing with consistently occupied short-term tenants and depreciation tax benefits.
The property is fully fenced and includes multiple patios with downtown views, plus six on-site parking spaces. It is located across the street from Bad Astronaut Brewery, about 1/2 mile to U of H Downtown, and under 2.5 miles from downtown sports venues.
Together, the three units can comfortably sleep up to 26 guests. The offering is described as income producing with consistently occupied short-term tenants and depreciation tax benefits.
Key Highlights
- Completely renovated, furnished triplex with private entrances, full kitchens, and fenced grounds
- Three units combine to sleep up to 26 guests
- Unit 1 is a 1,962 SF single‑family home with 5 beds/5 baths plus study and in‑unit washer/dryer
Financial Insights For Multifamily LT 5
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 | $65.4k | $19.80 |
| − Vacancy | −$3.6k | −$1.09 |
| EGI | $61.8k | $18.71 |
| − OpEx | −$18.6k | −$5.61 |
| NOI | $43.3k | $13.10 |
3,305 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$618.4K
$541.1K – $721.5K
NOI $43,288 @ 7.0% cap · market cap 3.94%
Second Best
Apartment 5plus
$534.9K
$468.0K – $624.1K
NOI $37,443 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$849.9K
$743.6K – $991.5K
NOI $59,490 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Completely renovated furnished triplex with private entrances, full kitchens, and fenced grounds with six parking spaces.
Where is this triplex located?
The property is located at 1015 Brooks St Houston, TX.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Completely renovated, furnished triplex with private entrances, full kitchens, and fenced grounds; Three units combine to sleep up to 26 guests; Unit 1 is a 1,962 SF single‑family home with 5 beds/5 baths plus study and in‑unit washer/dryer
