Updated Duplex
For Sale
$349,000
106 Opal Court, Houston, TX 77009
A two-bedroom layout places living areas on both sides of a renovated kitchen.
Property Size2,179 SF
Days on Market25
Property Features for 106 Opal Court
General Information
Standard status
Active
Size
2,179 SF
Total Parking Spaces
2
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Near Northside
Highway Access
Yes
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$6,651
Amenities
covered front porch
shared back patio
bamboo hardwood floors
walk-in closet
built-in shelving
renovated kitchen
granite countertops
soft-close cabinets
built-in recipe nook
in-unit washer/dryer
night lighting
Building Details
Building Size
2,179 SF
Year Built
1920
Listing Agency:
Boulevard Realty
Listed By:
Kathleen Powell
(713) 443-7727
Source:
Mpowerrealtygroup
Added: Oct 2
Changed: Oct 25
Last Checked: Oct 25 at 12:36AM
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 Boulevard Realty
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Investment Insights
Based on property information with market context.
This two-bedroom apartment occupies one side of a duplex and has been updated throughout. Its layout places living areas on either side of the renovated kitchen, which includes a refrigerator, dishwasher, washer and dryer, granite counters, soft-close cabinetry, and a built-in recipe nook. Bamboo hardwood flooring runs throughout, and the primary bedroom has a walk-in closet with built-in shelving. The property also offers a covered front porch, a shared rear patio with night lighting, and two off-street parking spaces.
The home is near N. Main, with access to I-45 and I-10 and the METRORail less than a mile away. Restaurants, shops, and cafes in the Heights area are nearby, as is White Oak Music Hall.
The home is near N. Main, with access to I-45 and I-10 and the METRORail less than a mile away. Restaurants, shops, and cafes in the Heights area are nearby, as is White Oak Music Hall.
Key Highlights
- Renovated kitchen with refrigerator, dishwasher, washer and dryer, granite counters, and soft‑close cabinets
- 2 BR apartment in a duplex
- 2 off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,686
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$493,720
$493.7K
Cap Rate 7%
$352,657
$352.7K
Cap Rate 9%
$274,289
$274.3K
Market Conditions
NOI Build-Up for 2,179 SF
Gross rent
$47.9K $21.96/SF
− Vacancy
−$3.0K −$1.36/SF
EGI
$44.9K $20.60/SF
− OpEx
−$20.2K −$9.27/SF
NOI
$24.7K $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%
$493,720
Cap Rate 7%
$352,657
Cap Rate 9%
$274,289
Alternative Uses
Best Use
Apartment 5plus
$352.7K
$308.6K – $411.4K
NOI $24,686 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$560.3K
$490.3K – $653.7K
NOI $39,222 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
919
Businesses Nearby
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Business Placement
Demographics for 77009, TX
36,425
Population
17,890
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
78%
High-School Grad
6.2 sq mi
ZIP Area
5,875
Density / Sq Mi
$81,921
Median Household Income
$49,446
Median Earnings
$1,229
Median Rent
$403,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom layout places living areas on both sides of a renovated kitchen.
Where is this residential income property located?
The property is located at 106 Opal Court Houston, TX.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Renovated kitchen with refrigerator, dishwasher, washer and dryer, granite counters, and soft‑close cabinets; 2 BR apartment in a duplex; 2 off‑street parking spaces
