New Construction
For Sale
$477,978
1027 Junell St, Houston, TX 77088
Two separately metered residences each include private outdoor space and individual central air conditioning.
Property Size2,747 SF
Price / SF$174
Days on Market28
Property Features for 1027 Junell St
General Information
Standard status
Active
Size
2,747 SF
Property subtype
Investment
Site & Location
Neighborhood
Acres Home
Highway Access
Yes
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,367
Amenities
private entrances
fenced backyards
open-concept living areas
updated kitchens
laundry connections
central A/C
Building Details
Building Size
2,747 SF
Year Built
2026
Buildings
1
Stories
2
Units
1
Listed By:
Marjorie Portillo
(786) 452-3020
Source:
Elliman
Added: Sep 29
Changed: Oct 25
Last Checked: Oct 24 at 4:44PM
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 Marjorie Portillo
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Investment Insights
Based on property information with market context.
Completed in 2026, this two-story duplex contains 2,747 square feet in total, with 1,374 square feet per unit. Each residence has three bedrooms, two and a half bathrooms, a private entrance, and a separately fenced backyard. Interiors feature open living areas, updated kitchens, laundry connections, and individual central A/C. Utilities are separately metered; the property has no gas and no HOA.
The property is on Junell Street in Houston, near Bush International Airport, I-45, Downtown, and The Heights. WalkScore is 28, BikeScore is 41, and TransitScore is 36.
The property is on Junell Street in Houston, near Bush International Airport, I-45, Downtown, and The Heights. WalkScore is 28, BikeScore is 41, and TransitScore is 36.
Key Highlights
- Completed in 2026
- 2,747 SF total; 1,374 SF per unit
- Two stories, with 3 bedrooms and 2.5 bathrooms in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,979
Cap Rate
7.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,580
$719.6K
Cap Rate 7%
$513,986
$514.0K
Cap Rate 9%
$399,767
$399.8K
Market Conditions
NOI Build-Up for 2,747 SF
Gross rent
$54.4K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$51.4K $18.71/SF
− OpEx
−$15.4K −$5.61/SF
NOI
$36.0K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$719,580
Cap Rate 7%
$513,986
Cap Rate 9%
$399,767
Alternative Uses
Best Use
Multifamily LT 5
$514.0K
$449.7K – $599.7K
NOI $35,979 @ 7.0% cap · market cap 7.53%
Second Best
Apartment 5plus
$444.6K
$389.0K – $518.7K
NOI $31,121 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$706.4K
$618.1K – $824.1K
NOI $49,446 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered residences each include private outdoor space and individual central air conditioning.
Where is this duplex located?
The property is located at 1027 Junell St Houston, TX.
What is the asking price?
The asking price for this property is $477,978.
What are key features of this property?
This property features: Completed in 2026; 2,747 SF total; 1,374 SF per unit; Two stories, with 3 bedrooms and 2.5 bathrooms in each unit
