New Construction
4002 Bennington Street, Houston, TX 77016
For Sale
$1,249,000
Four residences feature contemporary finishes, practical layouts, and low-maintenance systems.
Property Size8,700 SF
Price / SF$143.56
Days on Market271
Property Features for 4002 Bennington Street
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Realty Of America, LLC
Listed By:
Grecia Berrios
(713) 899-7031
Source:
Turnermangum
Added: Feb 13
Changed: Nov 9
Last Checked: Nov 9 at 7:44PM
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 Realty Of America, LLC
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.
Completed in 2025, this four-unit residential property offers modern finishes, functional floor plans, and building systems designed for straightforward upkeep. Energy-efficient features are also part of the new construction. The address is 4002 Bennington Street in Houston, with access to Highway 69 a few minutes away.
Key Highlights
- Four residential units in a 2025‑built property
- Modern finishes and functional floor plans
- Low‑maintenance systems and energy‑efficient features
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,950
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,279,000
$2.3M
Cap Rate 7%
$1,627,857
$1.6M
Cap Rate 9%
$1,266,111
$1.3M
Market Conditions
NOI Build-Up for 8,700 SF
Gross rent
$172.3K $19.80/SF
− Vacancy
−$9.5K −$1.09/SF
EGI
$162.8K $18.71/SF
− OpEx
−$48.8K −$5.61/SF
NOI
$113.9K $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 Rate 5%
$2,279,000
Cap Rate 7%
$1,627,857
Cap Rate 9%
$1,266,111
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.42M – $1.90M
NOI $113,950 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$1.41M
$1.23M – $1.64M
NOI $98,564 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,600 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
Explore this area
Business Placement
Demographics for 77016, TX
29,966
Population
11,131
Households
2.7
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
9.9 sq mi
ZIP Area
3,027
Density / Sq Mi
$46,411
Median Household Income
$30,510
Median Earnings
$1,163
Median Rent
$111,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Quadplexes in Houston, TX
Properties on Market for Quadplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences feature contemporary finishes, practical layouts, and low-maintenance systems.
Where is this quadplex located?
The property is located at 4002 Bennington Street Houston, TX.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Four residential units in a 2025‑built property; Modern finishes and functional floor plans; Low‑maintenance systems and energy‑efficient features
