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Three-Story Quadplex
For Sale
$2,439,000

1113-1119 Ennis Street, Houston, TX 77003

Four freestanding residences offer private garages, driveways, balconies, and full appliances within one multifamily property.

Property Size9,600 SF
Price / SF$254.06
Days on Market48

Property Features for 1113-1119 Ennis Street

General Information

Standard status Active
Size 9,600 SF
Total Parking Spaces 16
Property subtype Multi-Family

Site & Location

Neighborhood Downtown

Units

Unit Mix 4 x 3BR/3.5BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,350

Amenities

Engineered Hardwood,Plank,Tile,Vinyl,Wood,Hardwood
Yes
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
9600

Building Details

Building Size 9,600 SF
Year Built 2026
Buildings 4
Stories 3
Construction Contemporary
Listing Agency: District Properties
Listed By: Abe Alqalam · License #TX 631179
Source: Garygreene
Added: Sep 18 Changed: Nov 3 Last Checked: Nov 3 at 4:46AM

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

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Investment Insights

Based on property information with market context.

This 9,600-square-foot quadplex contains four freestanding residences, each arranged with 3 bedrooms, 3.5 baths, full appliances, a private 2-car garage, and a 2-car driveway. Across the property, the configuration totals 12 bedrooms, 12 full baths, and 4 half baths. The three-story design incorporates contemporary architecture, modern interior finishes, balconies, private entrances, washer and dryer hookups, and garage door openers.

The property is located at 1113-1119 Ennis Street in Houston, with access to public transit. Exterior features include an electric gate and electric vehicle charging station(s). Built in 2026, the property provides parking for up to 16 vehicles and combines multiple independent residences within a single multifamily asset.

Key Highlights

  • Four freestanding residences totaling 12 bedrooms, 12 full baths, and 4 half baths
  • Each residence includes 3 bedrooms, 3.5 baths, a private 2‑car garage, and a 2‑car driveway
  • 9,600 square feet across a three‑story design; built in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$125,738
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,514,760 $2.5M
Cap Rate 7%
$1,796,257 $1.8M
Cap Rate 9%
$1,397,089 $1.4M
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$190.1K $19.80/SF
− Vacancy
−$10.5K −$1.09/SF
EGI
$179.6K $18.71/SF
− OpEx
−$53.9K −$5.61/SF
NOI
$125.7K $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%
$2,514,760
Cap Rate 7%
$1,796,257
Cap Rate 9%
$1,397,089

Alternative Uses

Best Use
Multifamily LT 5
$1.80M
$1.57M – $2.10M (±1% cap)
NOI $125,738 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$1.55M
$1.36M – $1.81M (±1% cap)
NOI $108,760 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$2.47M
$2.16M – $2.88M (±1% cap)
NOI $172,800 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

4
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

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?
Quadplex - Four freestanding residences offer private garages, driveways, balconies, and full appliances within one multifamily property.
Where is this quadplex located?
The property is located at 1113-1119 Ennis Street Houston, TX.
What is the asking price?
The asking price for this property is $2,439,000.
What are key features of this property?
This property features: Four freestanding residences totaling 12 bedrooms, 12 full baths, and 4 half baths; Each residence includes 3 bedrooms, 3.5 baths, a private 2‑car garage, and a 2‑car driveway; 9,600 square feet across a three‑story design; built in 2026
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