Two-Unit Three-Story
For Sale
$1,250,000
1115-1117 Ennis Street, Houston, TX 77003
Separate residences include private garages, individual driveways and full appliance packages.
Property Size4,800 SF
Price / SF$260.42
Days on Market43
Property Features for 1115-1117 Ennis Street
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
8
Property subtype
Multi Family,Multiple Detached Dwellings
Site & Location
Neighborhood
Downtown
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,350
Building Details
Building Size
4,800 SF
Year Built
2026
Buildings
2
Stories
3
Construction
Contemporary
Listing Agency:
District Properties
Listed By:
Abe Alqalam · License #631179
(713) 474-7828
Source:
Kaystimsonproperties
Added: Sep 16
Changed: Oct 27
Last Checked: Oct 27 at 3:23AM
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
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.
This three-story duplex contains two freestanding residences, each with 3 bedrooms, 3.5 bathrooms and a private 2-car garage. Full appliances are included in both homes. The property totals 4,800 square feet and was built in 2026.
Each residence also has a 2-car driveway, bringing on-site parking capacity to 8 vehicles. The two-home layout combines independent living spaces within one property.
Each residence also has a 2-car driveway, bringing on-site parking capacity to 8 vehicles. The two-home layout combines independent living spaces within one property.
Key Highlights
- Two freestanding residences, each with 3 bedrooms and 3.5 bathrooms
- 4,800 square feet across the property
- Each home has a private 2‑car garage and 2‑car driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,869
Cap Rate
5.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,257,380
$1.3M
Cap Rate 7%
$898,129
$898.1K
Cap Rate 9%
$698,544
$698.5K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$95.0K $19.80/SF
− Vacancy
−$5.2K −$1.09/SF
EGI
$89.8K $18.71/SF
− OpEx
−$26.9K −$5.61/SF
NOI
$62.9K $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%
$1,257,380
Cap Rate 7%
$898,129
Cap Rate 9%
$698,544
Alternative Uses
Best Use
Multifamily LT 5
$898.1K
$785.9K – $1.05M
NOI $62,869 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$776.9K
$679.8K – $906.3K
NOI $54,380 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,400 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,658
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences include private garages, individual driveways and full appliance packages.
Where is this duplex located?
The property is located at 1115-1117 Ennis Street Houston, TX.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two freestanding residences, each with 3 bedrooms and 3.5 bathrooms; 4,800 square feet across the property; Each home has a private 2‑car garage and 2‑car driveway
