302 S 72nd St, Houston, TX 77011
Two buildings on a corner lot ready for renovation.
- Added:
- Apr 24, 2026
- Days on Market:
- 58
- Last Refresh:
- Apr 24 at 3:14 pm
Property Features for 302 S 72nd St
General Information
- Standard status
- Active
- Size
- 760 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1946
Listing agent Yvette Maldonado (713) 392-0300
Listing office (713) 392-0300
Listing date Apr 24, 2026
Source Elliman
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 Yvette Maldonado
HighLights
- Prime corner lot location in Houston's rapidly transforming East End.
- Two separate buildings: a 760 sqft 2‑bedroom, 1‑bathroom home and a detached 500 sqft 1‑bedroom, 1‑bathroom unit.
- Exceptional investment opportunity with versatile setup for rental income or multi‑generational living.
- Ready for full renovation, offering a blank canvas to capitalize on surging demand and revitalization.
- Close proximity to the University of Houston, the Texas Medical Center, and Navigation Boulevard's dining and culture.
- Easy access to the upcoming 2026 World Cup festivities in nearby EaDo.
Overview
Local 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 | $15.0k | $19.80 |
| − Vacancy | −$828 | −$1.09 |
| EGI | $14.2k | $18.71 |
| − OpEx | −$4.3k | −$5.61 |
| NOI | $10.0k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.2992075
- Latitude
- 29.731943