Tenant-Occupied Residential Income
For Sale
$150,000
5729 Schutz Street, Houston, TX 77032
Package of six tenant-occupied residential income properties totaling 52,920 sqft with no HOA fees.
Property Size1,200 SF
Price / SF$125
Days on Market337
Property Features for 5729 Schutz Street
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Iah / Airport Area
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,698
Amenities
Tile
Kitchen,Living Room
1
Yes
2
3
Washer Hookup,Electric Dryer Hookup
Appraiser
Ceiling Fan(s),Kitchen/Dining Combo
Other,Subdivision
No
Public
8820
0.2025
Additional Parking,None
Asphalt
Paved Driveway,Private Yard
Slab
1200
Building Details
Building Size
1,200 SF
Year Built
1960
Stories
1
Listing Agency:
eXp Realty LLC
(281) 486-1900
Listed By:
James Nelson
(832) 350-6667
Source:
Garygreene
Added: Nov 21, 2025
Changed: Oct 23
Last Checked: Oct 23 at 5:36AM
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
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 offering presents a package of six residential income properties: 5721 Schutz St, 5725 Schutz St, 5729 Schutz St, 5733 Schutz (House) (tax #: 091410080201), 5733 Schutz (LOT) (tax #: 0791410080200), and 5741 Schutz St, for a total of 52,920 sqft. The properties are currently tenant-occupied. The package has no HOA fees.
Convenient access is highlighted via major highways including Hardy Toll Road, 59, Beltway 8, and HWY 45. The remarks note an approximately 8-minute drive to the airport, with downtown estimated at about 23 minutes and the medical center at roughly 30 minutes.
The listing is structured as a multi-property acquisition, providing one combined opportunity for ownership of the full set of six locations.
Convenient access is highlighted via major highways including Hardy Toll Road, 59, Beltway 8, and HWY 45. The remarks note an approximately 8-minute drive to the airport, with downtown estimated at about 23 minutes and the medical center at roughly 30 minutes.
The listing is structured as a multi-property acquisition, providing one combined opportunity for ownership of the full set of six locations.
Key Highlights
- Package of 6 tenant‑occupied residential income properties: 5721, 5725, 5729, 5733 Schutz (house + lot), and 5741 Schutz St
- Total area: 52,920 sqft offered as a package for $955,000
- No HOA fees associated with the package
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,595
Cap Rate
9.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,900
$271.9K
Cap Rate 7%
$194,214
$194.2K
Cap Rate 9%
$151,056
$151.1K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$26.4K $21.96/SF
− Vacancy
−$1.6K −$1.36/SF
EGI
$24.7K $20.60/SF
− OpEx
−$11.1K −$9.27/SF
NOI
$13.6K $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%
$271,900
Cap Rate 7%
$194,214
Cap Rate 9%
$151,056
Alternative Uses
Best Use
Multifamily LT 5
$224.5K
$196.5K – $262.0K
NOI $15,717 @ 7.0% cap · market cap 10.48%
Second Best
Apartment 5plus
$194.2K
$169.9K – $226.6K
NOI $13,595 @ 7.0% cap · market cap 9.06%
Theoretical Best
Office A
$308.6K
$270.0K – $360.0K
NOI $21,600 @ 7.0% cap · market cap 14.40%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
254
Businesses Nearby
Explore this area
Business Placement
Demographics for 77032, TX
13,497
Population
4,843
Households
2.8
Avg Household Size
29
Median Age
8%
College-Educated
64%
High-School Grad
23.1 sq mi
ZIP Area
584
Density / Sq Mi
$36,731
Median Household Income
$30,574
Median Earnings
$1,148
Median Rent
$122,900
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?
Duplex - Package of six tenant-occupied residential income properties totaling 52,920 sqft with no HOA fees.
Where is this duplex located?
The property is located at 5729 Schutz Street Houston, TX.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Package of 6 tenant‑occupied residential income properties: 5721, 5725, 5729, 5733 Schutz (house + lot), and 5741 Schutz St; Total area: 52,920 sqft offered as a package for $955,000; No HOA fees associated with the package
