Heights Triplex with Attached
319 W 10th St Houston, TX 77008
New
For Sale
$1,249,900
Triplex with three separate units, wood and tile flooring, central HVAC, and a 3-car attached garage.
Property Size5,304 SF
Lot Size0.11 Acres
Price / SF$235.65
Days on Market6
Property Features for 319 W 10th St
General Information
- Standard status
- Active
- Size
- 5,304 SF
- Lot size
- 0.11 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 2004
Listing Agency:
(832) 844-8993
Listed By:
Mauricio Rojas Diaz
(832) 844-8993
Source:
Elliman
Added: Jul 21
Changed: Jul 23
Last Checked: Jul 26 at 5:08AM
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 Mauricio Rojas Diaz
Investment Insights
Based on property information with market context.
This Houston Heights triplex is arranged with three separate units within a multi-unit layout. The main residence includes 2 bedrooms, an office or flex space, and 2 full baths plus 1 half bath. The two additional units have private entrances. Interior finishes include wood and tile flooring, granite and quartz countertops, multiple laundry areas, and a balcony. The property features a brick exterior, composition roof, central heating and cooling, and a 3-car attached garage.
Two units are currently leased. The roof is approximately 6 months old, and A/C units have been replaced. The property is described as providing access to 19th Street, I-10, I-45, and Downtown Houston.
With its separate-unit configuration, updated exterior and mechanical components, and dedicated entry arrangements, the triplex offers a practical setup for residential income use.
Two units are currently leased. The roof is approximately 6 months old, and A/C units have been replaced. The property is described as providing access to 19th Street, I-10, I-45, and Downtown Houston.
With its separate-unit configuration, updated exterior and mechanical components, and dedicated entry arrangements, the triplex offers a practical setup for residential income use.
Key Highlights
- Houston Heights triplex built in 2004 with three separate units totaling 5,304 SF on a 5,001 SF lot
- Main residence offers 2 bedrooms plus office/flex space, 2 full baths and 1 half bath
- Additional units each have private entrances; two units are currently leased
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 | $105.0k | $19.80 |
| − Vacancy | −$5.8k | −$1.09 |
| EGI | $99.2k | $18.71 |
| − OpEx | −$29.8k | −$5.61 |
| NOI | $69.5k | $13.10 |
5,304 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$992.4K
$868.4K – $1.16M
NOI $69,470 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$858.4K
$751.1K – $1.00M
NOI $60,090 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,472 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex with three separate units, wood and tile flooring, central HVAC, and a 3-car attached garage.
Where is this triplex located?
The property is located at 319 W 10th St Houston, TX.
What is the asking price?
The asking price for this property is $1,249,900.
What are key features of this property?
This property features: Houston Heights triplex built in 2004 with three separate units totaling 5,304 SF on a 5,001 SF lot; Main residence offers 2 bedrooms plus office/flex space, 2 full baths and 1 half bath; Additional units each have private entrances; two units are currently leased
