New Construction
For Sale
$419,900
7843 Sunnyhill Street A-b, Houston, TX 77088
Brand-new townhome-style duplex with contemporary finishes, open living space, and newly installed appliances.
Property Size2,394 SF
Price / SF$175.40
Days on Market39
Property Features for 7843 Sunnyhill Street A-b
General Information
Standard status
Active
Size
2,394 SF
Property subtype
Multi-Family
Building Details
Year Built
2026
Listing Agency:
Keller Williams Memorial
Listed By:
Johanna Cordova Esparza · License #0736456
(832) 541-9495
Source:
Thebandpteam
Added: Aug 24
Changed: Sep 25
Last Checked: Sep 30 at 3:26PM
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 Keller Williams Memorial
Investment Insights
Based on property information with market context.
This newly constructed duplex contains 2,394 square feet and has not yet been occupied. The townhome-style design features an open living area connected to a contemporary kitchen with updated cabinetry, streamlined countertops, and substantial storage. New appliances and energy-efficient construction support a low-maintenance residential configuration. Each side is identified as a three-bedroom, two-bath residence, with a primary suite that includes a private bathroom and two additional bedrooms suited to household, guest, or office use.
The property is located at 7843 Sunnyhill Street A-B in Houston, Texas 77088. The surrounding area provides access to shopping, dining, schools, and major commuting routes.
The property is located at 7843 Sunnyhill Street A-B in Houston, Texas 77088. The surrounding area provides access to shopping, dining, schools, and major commuting routes.
Key Highlights
- Newly built duplex with 2,394 SF
- Constructed in 2026
- Two three‑bedroom, two‑bath townhome residences
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,356
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,120
$627.1K
Cap Rate 7%
$447,943
$447.9K
Cap Rate 9%
$348,400
$348.4K
Market Conditions
NOI Build-Up for 2,394 SF
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.
Gross rent
$47.4K $19.80/SF
− Vacancy
−$2.6K −$1.09/SF
EGI
$44.8K $18.71/SF
− OpEx
−$13.4K −$5.61/SF
NOI
$31.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$627,120
Cap Rate 7%
$447,943
Cap Rate 9%
$348,400
Alternative Uses
Best Use
Multifamily LT 5
$447.9K
$392.0K – $522.6K
NOI $31,356 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$387.5K
$339.0K – $452.0K
NOI $27,122 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$615.6K
$538.7K – $718.2K
NOI $43,092 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Brand-new townhome-style duplex with contemporary finishes, open living space, and newly installed appliances.
Where is this duplex located?
The property is located at 7843 Sunnyhill Street A-b Houston, TX.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Newly built duplex with 2,394 SF; Constructed in 2026; Two three‑bedroom, two‑bath townhome residences
