Newly Built
For Sale
$410,000
5809 Senior Street, Houston, TX 77016
A recently completed residential income property offers a two-unit configuration.
Property Size2,587 SF
Price / SF$158.48
Days on Market293
Property Features for 5809 Senior Street
General Information
Standard status
Active
Size
2,587 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
East Little York / Homestead
Road Access
Yes
Building Details
Building Size
2,587 SF
Year Built
2025
Listing Agency:
Compass RE Texas, LLC - The Heights
Listed By:
Chelsey Lay
(281) 763-3464
Source:
Finchproperties
Added: Jan 15
Changed: Nov 2
Last Checked: Nov 3 at 7:01AM
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 Compass RE Texas, LLC - The Heights
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Investment Insights
Based on property information with market context.
Completed in 2025, this duplex contains 2,587 square feet and is located at 5809 Senior Street in Houston, Texas. Its residential income classification and two-unit format define the property’s core configuration.
The property is reached from I-10 East via Antoine Drive and Crosstimbers Street, with the final approach on Senior Street.
The property is reached from I-10 East via Antoine Drive and Crosstimbers Street, with the final approach on Senior Street.
Key Highlights
- Built in 2025
- 2,587‑square‑foot duplex
- Located at 5809 Senior Street in Houston, TX 77016
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,884
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$677,680
$677.7K
Cap Rate 7%
$484,057
$484.1K
Cap Rate 9%
$376,489
$376.5K
Market Conditions
NOI Build-Up for 2,587 SF
Gross rent
$51.2K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.4K $18.71/SF
− OpEx
−$14.5K −$5.61/SF
NOI
$33.9K $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%
$677,680
Cap Rate 7%
$484,057
Cap Rate 9%
$376,489
Alternative Uses
Best Use
Multifamily LT 5
$484.1K
$423.6K – $564.7K
NOI $33,884 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$418.7K
$366.4K – $488.5K
NOI $29,309 @ 7.0% cap · market cap 7.15%
Theoretical Best
Office A
$665.2K
$582.1K – $776.1K
NOI $46,566 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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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
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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?
Duplex - A recently completed residential income property offers a two-unit configuration.
Where is this duplex located?
The property is located at 5809 Senior Street Houston, TX.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Built in 2025; 2,587‑square‑foot duplex; Located at 5809 Senior Street in Houston, TX 77016
