Gated Multifamily Residences with Rooftop
New
For Sale
$815,000
5826 Winsome Ln, Houston, TX 77057
Contemporary multi-level homes offer private elevators, rooftop city views, and two-car garages.
Property Size3,093 SF
Price / SF$263.50
Days on Market2
Property Features for 5826 Winsome Ln
General Information
Standard status
Active
Size
3,093 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Multi-Family
Amenities
rooftop terrace
gas fireplace
smart home automation
integrated sound
security system
chef-inspired kitchen
guest suite
game room
Building Details
Year Built
2026
Stories
5
Listing Agency:
VITA Realty
Listed By:
Andy Onder Yaltir · License #641986
Source:
Nova-era
Added: Sep 13
Last Checked: Sep 13 at 11:24AM
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 VITA Realty
Investment Insights
Based on property information with market context.
This gated multifamily property comprises contemporary residences measuring 3,093 square feet, with completion scheduled for 2026. Each home is arranged across five levels and includes a private elevator serving levels 1 through 4, plus a rooftop terrace with city views. Interior features include smart-home controls, integrated audio, security technology, wood flooring, designer lighting, and energy-efficient windows.
The ground level provides a guest suite or study and a two-car garage. An open living area with 11-foot ceilings, a gas fireplace, and a chef-inspired kitchen occupies the second level. The third floor contains the primary suite, while the fourth includes two additional bedrooms and a game room. Buyers can select certain finishes and design details. The property is in Houston’s Inner Loop, minutes from The Galleria.
The ground level provides a guest suite or study and a two-car garage. An open living area with 11-foot ceilings, a gas fireplace, and a chef-inspired kitchen occupies the second level. The third floor contains the primary suite, while the fourth includes two additional bedrooms and a game room. Buyers can select certain finishes and design details. The property is in Houston’s Inner Loop, minutes from The Galleria.
Key Highlights
- 3,093‑square‑foot multifamily residences with 2026 construction
- Private elevator serves levels 1 through 4
- Fifth‑floor rooftop terrace with panoramic city views
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,041
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,820
$700.8K
Cap Rate 7%
$500,586
$500.6K
Cap Rate 9%
$389,344
$389.3K
Market Conditions
NOI Build-Up for 3,093 SF
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.
Gross rent
$67.9K $21.96/SF
− Vacancy
−$4.2K −$1.36/SF
EGI
$63.7K $20.60/SF
− OpEx
−$28.7K −$9.27/SF
NOI
$35.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$700,820
Cap Rate 7%
$500,586
Cap Rate 9%
$389,344
Alternative Uses
Best Use
Apartment 5plus
$500.6K
$438.0K – $584.0K
NOI $35,041 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$795.3K
$695.9K – $927.9K
NOI $55,674 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,386
Businesses Nearby
Explore this area
Business Placement
Demographics for 77057, TX
43,669
Population
25,231
Households
1.7
Avg Household Size
36
Median Age
53%
College-Educated
87%
High-School Grad
4.3 sq mi
ZIP Area
10,156
Density / Sq Mi
$66,200
Median Household Income
$40,419
Median Earnings
$1,354
Median Rent
$318,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Contemporary multi-level homes offer private elevators, rooftop city views, and two-car garages.
Where is this multifamily property located?
The property is located at 5826 Winsome Ln Houston, TX.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: 3,093‑square‑foot multifamily residences with 2026 construction; Private elevator serves levels 1 through 4; Fifth‑floor rooftop terrace with panoramic city views
