Spacious Duplex in Prime
1304 Nashua St Houston, TX 77008
1304 Nashua St, Houston, TX, 77008
$900,000
Pending
For Sale
$900,000
Pending
Unique duplex with bonus space in the heart of Houston Heights.
Property Size2,000 SF
Days on Market99
Property Features for 1304 Nashua St
General Information
- Standard status
- Pending
- Size
- 2,000 SF
- Property subtype
- Investment
Building Details
- Year Built
- 2015
Listing Agency
(832) 980-3700
Listed by
Cathryn Renfrow
(832) 980-3700
Source
Elliman
Added: Apr 11 Checked: Jul 17 at 6:11 am
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 Cathryn Renfrow
Investment Insights
Based on property information with market context.
Located at 1304 Nashua, this property features a unique duplex design with a versatile bonus area suitable for recreation or office space on the first floor. The property contains two identical upper-level units. Each unit includes 2 bedrooms, 2 full baths, and a dedicated study within a generous 2,000 sqft layout on a single floor. One unit is located on the second floor, and the other is on the third floor. The location offers walkability and convenience, with destinations like M-K-T Heights, Heights Mercantile, and the White Oak Trail nearby. Several restaurants and coffee shops are also located in the area. The bike score is 62, indicating it is bikeable, the walk score is 91, indicating it is a walker's paradise, and the transit score is 44, indicating some transit is available. This property presents a rare duplex opportunity for investors to live in one unit and rent out the other.
Key Highlights
- Rare duplex opportunity in the heart of the Heights, ideal for investors or owner‑occupants.
- Two spacious, identical upper‑level units, each with 2 bedrooms and 2 full baths, plus a dedicated study and 2,000 sqft.
- Prime location with a walk score of 91, offering walkability to M‑K‑T Heights, Heights Mercantile, and the White Oak Trail.
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 | $39.6k | $19.80 |
| − Vacancy | −$2.2k | −$1.09 |
| EGI | $37.4k | $18.71 |
| − OpEx | −$11.2k | −$5.61 |
| NOI | $26.2k | $13.10 |
2,000 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.2K
$327.4K – $436.6K
NOI $26,195 @ 7.0% cap · market cap 2.91%
Second Best
Apartment 5plus
$323.7K
$283.2K – $377.6K
NOI $22,658 @ 7.0% cap · market cap 2.52%
Theoretical Best
Office A
$514.3K
$450.0K – $600.0K
NOI $36,000 @ 7.0% cap · market cap 4.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Unique duplex with bonus space in the heart of Houston Heights.
Where is this duplex located?
The property is located at 1304 Nashua St Houston, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Rare duplex opportunity in the heart of the Heights, ideal for investors or owner‑occupants.; Two spacious, identical upper‑level units, each with 2 bedrooms and 2 full baths, plus a dedicated study and 2,000 sqft.; Prime location with a walk score of 91, offering walkability to M‑K‑T Heights, Heights Mercantile, and the White Oak Trail.
