Three-Story Residential Income
For Sale
$475,000
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$204.74
Days on Market171
Property Features for 1107 Bonner Street
General Information
Standard status
Active
Size
2,320 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Building Details
Year Built
2014
Stories
3
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: Aug 2 at 4:06AM
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 authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,002
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 $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
