Three-Story Residential Income
For Sale
$449,900
1107 Bonner Street, Houston, TX 77007
Three-bedroom, three-and-a-half-bath home with private driveway, open-concept living, and stainless steel appliances.
Property Size2,320 SF
Price / SF$193.92
Days on Market245
Property Features for 1107 Bonner Street
General Information
Standard status
Active
Size
2,320 SF
Property subtype
Single Family
Site & Location
Neighborhood
Washington Avenue Coalition / Memorial Park
Highway Access
Yes
Amenities
Concrete,Tile,Wood
Kitchen,Living Room,Utility Room,Half Bath
1
Yes
4
3
Window Coverings
Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup
Appraiser
Bedroom on Main Level,Double Vanity,En Suite Bathroom,Full Bath on Main Level,High Ceilings,Kitchen/Family Room Combo,Bath in Primary Bedroom,Pantry,Self-closing Cabinet Doors,Self-closing Drawers,Soaking Tub,Separate Shower,Tub Shower,Upper Level Primary,Walk-In Closet(s),Wired for Sound,Window Treatments,Ceiling Fan(s),Kitchen/Dining Combo,Living/Dining Room,Programmable Thermostat
Partial
Subdivision,Side Yard
No
Public
1605
Additional Parking,Attached,Driveway,Garage
Asphalt
Deck,Fence,Patio
Slab
2320
Building Details
Building Size
2,320 SF
Year Built
2014
Stories
3
Listing Agency:
Anne Vickery & Associates Realty, LLC
(281) 444-5140
Listed By:
Brenda Roberson
(713) 201-6690
Source:
Garygreene
Added: Feb 23
Changed: Oct 25
Last Checked: Oct 24 at 3:04PM
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 Anne Vickery & Associates Realty, LLC
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Investment Insights
Based on property information with market context.
This three-story residential income property at 1107 Bonner Street offers an open-concept living area and a well-appointed interior with stainless steel appliances and sleek finishes, including Toto bidet toilets. The home includes three bedrooms and three-and-a-half bathrooms, providing flexible space across multiple levels. A private driveway supports convenient off-street parking.
The property is located near dining and entertainment and provides easy access to the Heights, Montrose, and Downtown. Major highways are also nearby, including I-10, 610, 45, and 59, making it practical for commuters and tenants.
As a one-owner property, it presents a turn-key layout built around modern living spaces and comfortable multi-bath configuration.
The property is located near dining and entertainment and provides easy access to the Heights, Montrose, and Downtown. Major highways are also nearby, including I-10, 610, 45, and 59, making it practical for commuters and tenants.
As a one-owner property, it presents a turn-key layout built around modern living spaces and comfortable multi-bath configuration.
Key Highlights
- 2014‑built, 3‑story home with 3 bedrooms and 3.5 bathrooms
- Central air cooling and gas/electric heating with tile, concrete, and wood flooring
- Kitchen includes dishwasher, washer/dryer, gas range/cooktop, disposal, wine refrigerator, microwave, electric oven, and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,387
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,740
$607.7K
Cap Rate 7%
$434,100
$434.1K
Cap Rate 9%
$337,633
$337.6K
Market Conditions
NOI Build-Up for 2,320 SF
Gross rent
$45.9K $19.80/SF
− Vacancy
−$2.5K −$1.09/SF
EGI
$43.4K $18.71/SF
− OpEx
−$13.0K −$5.61/SF
NOI
$30.4K $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%
$607,740
Cap Rate 7%
$434,100
Cap Rate 9%
$337,633
Alternative Uses
Best Use
Multifamily LT 5
$434.1K
$379.8K – $506.5K
NOI $30,387 @ 7.0% cap · market cap 6.75%
Second Best
Apartment 5plus
$375.5K
$328.6K – $438.1K
NOI $26,284 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$596.6K
$522.0K – $696.0K
NOI $41,760 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,042
Businesses Nearby
Explore this area
Business Placement
Demographics for 77007, TX
42,908
Population
26,281
Households
1.6
Avg Household Size
34
Median Age
80%
College-Educated
99%
High-School Grad
7.5 sq mi
ZIP Area
5,721
Density / Sq Mi
$140,878
Median Household Income
$92,408
Median Earnings
$1,951
Median Rent
$501,300
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
Frequently Asked Questions
What type of property is this?
Duplex - Three-bedroom, three-and-a-half-bath home with private driveway, open-concept living, and stainless steel appliances.
Where is this duplex located?
The property is located at 1107 Bonner Street Houston, TX.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: 2014‑built, 3‑story home with 3 bedrooms and 3.5 bathrooms; Central air cooling and gas/electric heating with tile, concrete, and wood flooring; Kitchen includes dishwasher, washer/dryer, gas range/cooktop, disposal, wine refrigerator, microwave, electric oven, and refrigerator
