Updated Duplex with Garage
For Sale
$285,000
10401 Bessemer Street, Houston, TX 77034
Separate entrances, driveways, and fenced yards provide distinct access for both units.
Property Size1,878 SF
Price / SF$151.76
Days on Market63
Property Features for 10401 Bessemer Street
General Information
Standard status
Active
Size
1,878 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$5,646
Amenities
Tile,Wood
Dining Room,Guest Quarters,Living Room,Utility Room
1
Yes
3
5
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Appraiser
All Bedrooms Down,En Suite Bathroom,Kitchen/Family Room Combo,Main Level Primary
Back Yard
Subdivision
No
Public
7410
0.1701
Attached Carport
Fully Fenced,Fence,Private Yard
Slab
1878
Building Details
Building Size
1,878 SF
Year Built
1955
Stories
1
Listing Agency:
JLA Realty
(713) 961-1722
Listed By:
TJ Tirado
(832) 266-8111
Source:
Garygreene
Added: Aug 6
Changed: Oct 6
Last Checked: Oct 5 at 4:21PM
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 JLA Realty
Investment Insights
Based on property information with market context.
This 1,878-square-foot duplex includes a primary residence and a garage apartment. The main unit offers three bedrooms, one full bath, and one half bath, with granite countertops, newer appliances, and fresh paint. The apartment contains two bedrooms and one full bath and is currently rented. Each unit has its own entrance, driveway, and backyard, while the property also includes an attached carport and fencing.
The home occupies a 0.1701-acre corner lot at 10401 Bessemer Street in Houston. Its location provides access to I-45 South and places the property near Hobby Airport, downtown, restaurants, and shops. Built in 1955, the property combines separate living areas with an established residential configuration.
The home occupies a 0.1701-acre corner lot at 10401 Bessemer Street in Houston. Its location provides access to I-45 South and places the property near Hobby Airport, downtown, restaurants, and shops. Built in 1955, the property combines separate living areas with an established residential configuration.
Key Highlights
- Two‑unit duplex with a 3‑bedroom, 1.5‑bath main residence
- Garage apartment includes 2 bedrooms and 1 full bath; currently rented
- 1,878 SF property on a 0.1701‑acre corner lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,597
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$491,940
$491.9K
Cap Rate 7%
$351,386
$351.4K
Cap Rate 9%
$273,300
$273.3K
Market Conditions
NOI Build-Up for 1,878 SF
Gross rent
$37.2K $19.80/SF
− Vacancy
−$2.0K −$1.09/SF
EGI
$35.1K $18.71/SF
− OpEx
−$10.5K −$5.61/SF
NOI
$24.6K $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%
$491,940
Cap Rate 7%
$351,386
Cap Rate 9%
$273,300
Alternative Uses
Best Use
Multifamily LT 5
$351.4K
$307.5K – $410.0K
NOI $24,597 @ 7.0% cap · market cap 8.63%
Second Best
Apartment 5plus
$303.9K
$266.0K – $354.6K
NOI $21,276 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$482.9K
$422.6K – $563.4K
NOI $33,804 @ 7.0% cap · market cap 11.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
Explore this area
Business Placement
Demographics for 77034, TX
38,186
Population
14,188
Households
2.7
Avg Household Size
31
Median Age
13%
College-Educated
70%
High-School Grad
14.2 sq mi
ZIP Area
2,689
Density / Sq Mi
$59,516
Median Household Income
$35,127
Median Earnings
$1,178
Median Rent
$178,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances, driveways, and fenced yards provide distinct access for both units.
Where is this duplex located?
The property is located at 10401 Bessemer Street Houston, TX.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3‑bedroom, 1.5‑bath main residence; Garage apartment includes 2 bedrooms and 1 full bath; currently rented; 1,878 SF property on a 0.1701‑acre corner lot
