Multifamily Property with Updated
For Sale
$194,999
17010 Pastoria Dr, Houston, TX 77083
Four-bedroom layout with high ceilings, a fenced backyard, and convenient access to Houston shopping, dining, schools, and major roadways.
Property Size1,568 SF
Price / SF$124.36
Days on Market47
Property Features for 17010 Pastoria Dr
General Information
Standard status
Active
Size
1,568 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
West Oaks
Additional Details
Multifamily Units
1
Building Details
Year Built
1983
Listing Agency:
eXp Realty, LLC
Listed By:
Adam Olsen · License ##0642075
(936) 662-7853
Source:
Thebandpteam
Added: Sep 9
Changed: Oct 10
Last Checked: Oct 7 at 2:34PM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,568-square-foot multifamily property was built in 1983 and includes four bedrooms and two bathrooms. The interior features high ceilings, generously sized bedrooms, an open living arrangement, and updated bathrooms. A long driveway provides on-site access, while the fenced backyard adds defined outdoor space.
Located in Houston, the property offers access to nearby shopping, dining, schools, and major roadways. Its residential layout, substantial bedroom count, and outdoor area provide a practical configuration for multifamily ownership or occupancy, subject to applicable use requirements.
Located in Houston, the property offers access to nearby shopping, dining, schools, and major roadways. Its residential layout, substantial bedroom count, and outdoor area provide a practical configuration for multifamily ownership or occupancy, subject to applicable use requirements.
Key Highlights
- 1,568‑square‑foot property built in 1983
- Four bedrooms and two bathrooms
- High ceilings and generously sized bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,694
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,880
$293.9K
Cap Rate 7%
$209,914
$209.9K
Cap Rate 9%
$163,267
$163.3K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$28.8K $18.36/SF
− Vacancy
−$2.1K −$1.32/SF
EGI
$26.7K $17.04/SF
− OpEx
−$12.0K −$7.67/SF
NOI
$14.7K $9.37/SF
Area
ZIP 77083
Vacancy
7.20%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,880
Cap Rate 7%
$209,914
Cap Rate 9%
$163,267
Alternative Uses
Best Use
Apartment 5plus
$209.9K
$183.7K – $244.9K
NOI $14,694 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$403.2K
$352.8K – $470.4K
NOI $28,224 @ 7.0% cap · market cap 14.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 77083, TX
73,763
Population
23,872
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
79%
High-School Grad
10.4 sq mi
ZIP Area
7,093
Density / Sq Mi
$65,349
Median Household Income
$31,352
Median Earnings
$1,375
Median Rent
$223,100
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
Frequently Asked Questions
What type of property is this?
Multifamily property - Four-bedroom layout with high ceilings, a fenced backyard, and convenient access to Houston shopping, dining, schools, and major roadways.
Where is this multifamily property located?
The property is located at 17010 Pastoria Dr Houston, TX.
What is the asking price?
The asking price for this property is $194,999.
What are key features of this property?
This property features: 1,568‑square‑foot property built in 1983; Four bedrooms and two bathrooms; High ceilings and generously sized bedrooms
