Three-Story Residential Income
1107 Bonner Street Houston, TX 77007
For Sale
$475,000
Three-bedroom, three-and-a-half-bath home with private driveway, open-concept living, and stainless steel appliances.
Property Size2,320 SF
Price / SF$204.74
Days on Market164
Property Features for 1107 Bonner Street
General Information
- Standard status
- Active
- Size
- 2,320 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2014
Listing Agency:
Nan & Company Properties
(713) 714-6454
Listed By:
Andrew Lin · License #0653842
(713) 653-3455
Source:
Xome
Added: Feb 12
Changed: Jul 20
Last Checked: Jul 26 at 3:20AM
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 Nan & Company Properties
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 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 | $45.9k | $19.80 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $43.4k | $18.71 |
| − OpEx | −$13.0k | −$5.61 |
| NOI | $30.4k | $13.10 |
2,320 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$434.1K
$379.8K – $506.5K
NOI $30,387 @ 7.0% cap · market cap 6.40%
Second Best
Apartment 5plus
$375.5K
$328.6K – $438.1K
NOI $26,284 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$596.6K
$522.0K – $696.0K
NOI $41,760 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
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 $475,000.
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
