Remodeled Apartment Near Medical
For Sale
$130,000
2211 S Braeswood Blvd 22H, Houston, TX 77030
Updated apartment with free amenities, near the Medical Center.
Property Size833 SF
Lot Size3.72 Acres
Days on Market325
Property Features for 2211 S Braeswood Blvd 22H
General Information
Standard status
Active
Size
833 SF
Lot size
3.72 Acres
Property subtype
Other
Building Details
Building Size
833 SF
Year Built
1981
Stories
4
Listed By:
S. Jane Su
(713) 922-1888
Source:
Elliman
Added: Nov 27, 2025
Changed: Oct 3
Last Checked: Oct 16 at 9:44AM
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 S. Jane Su
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This apartment features an extensively remodeled kitchen and laminated flooring throughout. The unit includes free internet, water, assigned parking, and its own washer and dryer. It is located near the Medical Center, within walking distance to the free shuttle and rail station.
Key Highlights
- Walking distance to free shuttle/rail station next to medical center
- Free internet, water, assigned parking, and in‑unit washer/dryer included
- Extensively remodeled kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,437
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,740
$188.7K
Cap Rate 7%
$134,814
$134.8K
Cap Rate 9%
$104,856
$104.9K
Market Conditions
NOI Build-Up for 833 SF
Gross rent
$18.3K $21.96/SF
− Vacancy
−$1.1K −$1.36/SF
EGI
$17.2K $20.60/SF
− OpEx
−$7.7K −$9.27/SF
NOI
$9.4K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,740
Cap Rate 7%
$134,814
Cap Rate 9%
$104,856
Alternative Uses
Best Use
Apartment 5plus
$134.8K
$118.0K – $157.3K
NOI $9,437 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$214.2K
$187.4K – $249.9K
NOI $14,994 @ 7.0% cap · market cap 11.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,367
Businesses Nearby
Explore this area
Business Placement
Demographics for 77030, TX
13,221
Population
7,842
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
99%
High-School Grad
2.6 sq mi
ZIP Area
5,085
Density / Sq Mi
$79,415
Median Household Income
$62,929
Median Earnings
$1,684
Median Rent
$614,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartment with free amenities, near the Medical Center.
Where is this apartment building located?
The property is located at 2211 S Braeswood Blvd 22H Houston, TX.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Walking distance to free shuttle/rail station next to medical center; Free internet, water, assigned parking, and in‑unit washer/dryer included; Extensively remodeled kitchen
