Remodeled Two-Unit
For Sale
$375,000
7 Hunt St, Houston, TX 77003
Updated duplex offers two separately metered 2BR/1BA units, each with mini-split HVAC and recent interior remodels.
Property Size1,728 SF
Price / SF$217.01
Days on Market51
Property Features for 7 Hunt St
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Investment
Additional Details
Multifamily Units
4
Building Details
Year Built
1935
Listing Agency:
Compean Group
(832) 777-3904
Listed By:
Evan Compean · License #0617930
(832) 777-3904
Source:
Elliman
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 4 at 10:48AM
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 Compean Group
Investment Insights
Based on property information with market context.
This offering is for one of two available duplex properties. Each duplex contains two units, with each unit featuring 2 bedrooms and 1 bathroom in 864 square feet. The units have recently been remodeled, including updated laminate flooring, cabinets, butcher block countertops, light fixtures, mini-split HVAC systems, and an updated bathroom. Each duplex is equipped with two electrical meters, two gas meters, and two water meters. Owner-only landscaping coverage is also noted in the remarks. The owner is currently attempting to keep one unit vacant in each home to support sale logistics.
The property is located at 7 Hunt St in Houston, TX 77003. The listing notes a new roof scheduled for 2026. WalkScore, BikeScore, and transitScore values are provided in the remarks (walkable/somewhat walkable and good transit).
For tenants, this configuration supports separate living arrangements within a single building, while the individual metering can help simplify utility separation. For owner-occupants, the seller’s stated plan is to live in one unit and lease the other. The remarks also note that the property could be converted to a short-term rental setup, with the income scenario discussed by the owner based on assumptions provided in the listing.
The property is located at 7 Hunt St in Houston, TX 77003. The listing notes a new roof scheduled for 2026. WalkScore, BikeScore, and transitScore values are provided in the remarks (walkable/somewhat walkable and good transit).
For tenants, this configuration supports separate living arrangements within a single building, while the individual metering can help simplify utility separation. For owner-occupants, the seller’s stated plan is to live in one unit and lease the other. The remarks also note that the property could be converted to a short-term rental setup, with the income scenario discussed by the owner based on assumptions provided in the listing.
Key Highlights
- 1935‑built duplex with two separately metered 2BR/1BA units; each unit is 864 SF (duplex totals 1,728 SF).
- Recently remodeled interiors with updated laminate flooring, cabinets, butcher block countertops, light fixtures, and an updated bathroom.
- Each unit has its own HVAC mini‑split system for individualized heating and cooling.
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 | $34.2k | $19.80 |
| − Vacancy | −$1.9k | −$1.09 |
| EGI | $32.3k | $18.71 |
| − OpEx | −$9.7k | −$5.61 |
| NOI | $22.6k | $13.10 |
1,728 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$323.3K
$282.9K – $377.2K
NOI $22,633 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$279.7K
$244.7K – $326.3K
NOI $19,577 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$444.3K
$388.8K – $518.4K
NOI $31,104 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,213
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex offers two separately metered 2BR/1BA units, each with mini-split HVAC and recent interior remodels.
Where is this duplex located?
The property is located at 7 Hunt St Houston, TX.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1935‑built duplex with two separately metered 2BR/1BA units; each unit is 864 SF (duplex totals 1,728 SF).; Recently remodeled interiors with updated laminate flooring, cabinets, butcher block countertops, light fixtures, and an updated bathroom.; Each unit has its own HVAC mini‑split system for individualized heating and cooling.
