Tenant-Occupied Residential Income
5729 Schutz Street Houston, TX 77032
5729 Schutz Street, Houston, TX, 77032
$150,000
For Sale
$150,000
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 Market255
Property Features for 5729 Schutz Street
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1960
Listing agency
Martha Turner Sotheby's International Realty
(713) 520-1981
Listed by
Vanessa Bruegger · License #0661422
(713) 520-1981
Source
Xome
Added: Nov 10, 2025 Updated: Jul 22 at 11:47AM Checked: Jul 22 at 11:47AM
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 Martha Turner Sotheby's International Realty
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
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.4k | $21.96 |
| − Vacancy | −$1.6k | −$1.36 |
| EGI | $24.7k | $20.60 |
| − OpEx | −$11.1k | −$9.27 |
| NOI | $13.6k | $11.33 |
1,200 SF · lease $21.96/SF/yr · vacancy 6.20% · expense 45.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
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
