Smart-Enabled
5811 Senior Street, Houston, TX 77016
For Sale
$410,000
Both residences feature open layouts and contemporary interior finishes.
Property Size2,587 SF
Price / SF$158.48
Days on Market300
Property Features for 5811 Senior Street
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Tenant in Place
Amenities
Google Home smart features
Building Details
Building Size
Listing Agency:
Compass RE Texas, LLC - The Heights
Listed By:
Chelsey Lay
(281) 763-3464
Source:
Bethwolff
Added: Jan 15
Changed: Nov 7
Last Checked: Nov 10 at 3:53PM
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
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 newly built duplex contains 2,587 square feet. Each residence has an open-plan interior, modern fixtures, and Google Home smart technology. Unit B is currently occupied by a tenant.
Key Highlights
- 2,587‑square‑foot duplex
- New construction with contemporary fixtures
- Open‑plan layout in each residence
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.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
309
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
$111,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature open layouts and contemporary interior finishes.
Where is this duplex located?
The property is located at 5811 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: 2,587‑square‑foot duplex; New construction with contemporary fixtures; Open‑plan layout in each residence
