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3-Unit Contemporary Triplex

1113-1117 Ennis Street, Houston, TX 77003

For Sale
$1,829,000

Each residence has a private garage, separate driveway, and full appliances.

Property Size7,200 SF
Price / SF$254.03
Days on Market15

Property Features for 1113-1117 Ennis Street

General Information

Standard status Active
Size 7,200 SF
Total Parking Spaces 12
Property subtype Residential Income

Site & Location

Neighborhood Downtown

Units

Unit Mix 3 x 3BR/3.5BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,350

Amenities

Engineered Hardwood,Plank,Tile,Vinyl,Wood,Hardwood
true
3
Washer Hookup,Dryer Hookup
Builder
Balcony
Partial
Near Public Transit,Subdivision
5325
More than Two
Appraiser
Electric Gate,Electric Vehicle Charging Station(s),Garage,Garage Door Opener
Private Entrance
7200

Building Details

Building Size 7,200 SF
Year Built 2026
Buildings 3
Stories 3
Construction Contemporary
Listing Agency: District Properties
Listed By: Ken & Mayte Hayes
Source: Klmrealtygroup
Added: Oct 26 Changed: Nov 8 Last Checked: Nov 9 at 5:15PM

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 District Properties

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Three freestanding residences form this 7,200-square-foot triplex, built in 2026. Each home spans three stories and contains three bedrooms, three full bathrooms, one half bath, a balcony, and full appliances. Engineered hardwood, tile, vinyl, and wood flooring are among the interior finishes. Private entrances, an electric gate, and electric vehicle charging stations are also provided.

Each residence has a private two-car garage and a two-car driveway, for parking capacity of up to 12 vehicles across the property. The property is near public transit.

Key Highlights

  • Three freestanding residences, each with 3 bedrooms and 3.5 bathrooms
  • 7,200 square feet total; built in 2026
  • Each home has a private 2‑car garage and 2‑car driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$94,303
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,886,060 $1.9M
Cap Rate 7%
$1,347,186 $1.3M
Cap Rate 9%
$1,047,811 $1.0M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$142.6K $19.80/SF
− Vacancy
−$7.8K −$1.09/SF
EGI
$134.7K $18.71/SF
− OpEx
−$40.4K −$5.61/SF
NOI
$94.3K $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%
$1,886,060
Cap Rate 7%
$1,347,186
Cap Rate 9%
$1,047,811

Alternative Uses

Best Use
Multifamily LT 5
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,303 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,570 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M (±1% cap)
NOI $129,600 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,658
Businesses Nearby

Demographics for 77003, TX

11,874
Population
6,201
Households
1.9
Avg Household Size
36
Median Age
49%
College-Educated
93%
High-School Grad
2.7 sq mi
ZIP Area
4,398
Density / Sq Mi
$88,837
Median Household Income
$63,831
Median Earnings
$1,562
Median Rent
$363,000
Median Home Value

Market

Average Price Trend$/SF for Triplexes in Houston, TX

$217 Jul
$206 Aug
$199 Sep
$192 Oct

Properties on Market for Triplexes in Houston

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Each residence has a private garage, separate driveway, and full appliances.
Where is this triplex located?
The property is located at 1113-1117 Ennis Street Houston, TX.
What is the asking price?
The asking price for this property is $1,829,000.
What are key features of this property?
This property features: Three freestanding residences, each with 3 bedrooms and 3.5 bathrooms; 7,200 square feet total; built in 2026; Each home has a private 2‑car garage and 2‑car driveway
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