Five-Townhome Apartment
For Sale
$1,690,000
1111 Autrey St Unit 5, Houston, TX 77006
Remodeled multifamily complex in Houston’s Museum District with private patios, garages, and full appliance packages.
Property Size7,716 SF
Price / SF$219.03
Days on Market47
Property Features for 1111 Autrey St Unit 5
General Information
Standard status
Active
Size
7,716 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Museum Area Municipal Association
Units
Unit Mix
5 x 2BR/2.5BA
Multifamily Units
5
Amenities
Central HVAC System
Garage
Private Outdoor Patio
Wood Floors
Full Suite of Appliances including Washer and Dryer
Building Details
Year Built
1975
Buildings
5
Listing Agency:
Walzel Properties - Galleria
Listed By:
Chidozie Osueke
(302) 503-2137
Source:
Nova-era
Added: Sep 9
Changed: Oct 13
Last Checked: Oct 7 at 3:28PM
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 Walzel Properties - Galleria
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1975, this 7,716-square-foot multifamily property comprises five separate townhomes and has been recently remodeled. Each residence includes two bedrooms, 2.5 bathrooms, central HVAC, a garage, a private outdoor patio, wood flooring, and a full appliance package with a washer and dryer.
The property is located in Houston’s Museum District, about one mile from Hermann Park Golf Course, Rice University, and the Houston Medical Center. Its townhome configuration provides distinct residential spaces within a single multifamily complex, supported by consistent features across all five residences.
The property is located in Houston’s Museum District, about one mile from Hermann Park Golf Course, Rice University, and the Houston Medical Center. Its townhome configuration provides distinct residential spaces within a single multifamily complex, supported by consistent features across all five residences.
Key Highlights
- Five separate townhomes within one multifamily complex
- 7,716 square feet; built in 1975
- Recently remodeled multifamily property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,416
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,748,320
$1.7M
Cap Rate 7%
$1,248,800
$1.2M
Cap Rate 9%
$971,289
$971.3K
Market Conditions
NOI Build-Up for 7,716 SF
Gross rent
$169.4K $21.96/SF
− Vacancy
−$10.5K −$1.36/SF
EGI
$158.9K $20.60/SF
− OpEx
−$71.5K −$9.27/SF
NOI
$87.4K $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%
$1,748,320
Cap Rate 7%
$1,248,800
Cap Rate 9%
$971,289
Alternative Uses
Best Use
Apartment 5plus
$1.25M
$1.09M – $1.46M
NOI $87,416 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.98M
$1.74M – $2.31M
NOI $138,888 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,627
Businesses Nearby
Explore this area
Business Placement
Demographics for 77006, TX
24,129
Population
16,654
Households
1.4
Avg Household Size
36
Median Age
80%
College-Educated
98%
High-School Grad
2.3 sq mi
ZIP Area
10,491
Density / Sq Mi
$102,003
Median Household Income
$73,275
Median Earnings
$1,761
Median Rent
$599,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Remodeled multifamily complex in Houston’s Museum District with private patios, garages, and full appliance packages.
Where is this apartment building located?
The property is located at 1111 Autrey St Unit 5 Houston, TX.
What is the asking price?
The asking price for this property is $1,690,000.
What are key features of this property?
This property features: Five separate townhomes within one multifamily complex; 7,716 square feet; built in 1975; Recently remodeled multifamily property
