Multifamily Property with Rooftop
New
For Sale
$815,000
5827 Winsome Ln, Houston, TX 77057
Contemporary gated residences combine smart-home technology, private elevators, garages, and flexible living areas near The Galleria.
Property Size3,093 SF
Price / SF$263.50
Days on Market5
Property Features for 5827 Winsome Ln
General Information
Standard status
Active
Size
3,093 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Multi-Family
Additional Details
Multifamily Units
1
Amenities
gated
smart-home automation
integrated sound
security system
rooftop terrace
gas fireplace
Building Details
Year Built
2026
Buildings
1
Stories
5
Listing Agency:
VITA Realty
Listed By:
Andy Onder Yaltir · License #641986
Source:
Thebandpteam
Added: Sep 10
Last Checked: Sep 13 at 12:18PM
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 3,093-square-foot multifamily property is designed as a contemporary gated residence with a private elevator serving levels 1-4 and access to a fifth-floor rooftop terrace. The home includes integrated sound, smart-home automation, modern security systems, wide-plank wood flooring, designer lighting, and energy-efficient windows. Buyers can still personalize interior finishes and design details.
The first floor provides a guest suite or study along with a two-car garage. On the second level, an open living arrangement features 11’ ceilings, a chef-inspired kitchen, and a gas fireplace. The third floor contains the primary suite, while the fourth floor adds two bedrooms and a game room. The property is located at 5827 Winsome Ln in Houston, minutes from The Galleria and within Houston’s Inner Loop. Construction is identified for 2026.
The first floor provides a guest suite or study along with a two-car garage. On the second level, an open living arrangement features 11’ ceilings, a chef-inspired kitchen, and a gas fireplace. The third floor contains the primary suite, while the fourth floor adds two bedrooms and a game room. The property is located at 5827 Winsome Ln in Houston, minutes from The Galleria and within Houston’s Inner Loop. Construction is identified for 2026.
Key Highlights
- 3,093‑square‑foot multifamily property at 5827 Winsome Ln, Houston, TX 77057
- Private elevator connects levels 1‑4 and reaches a fifth‑floor rooftop terrace
- Two‑car garage plus guest suite or study on the first floor
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
Current Use
Lease Details
1
Residential units
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Contemporary gated residences combine smart-home technology, private elevators, garages, and flexible living areas near The Galleria.
Where is this multifamily property located?
The property is located at 5827 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 property at 5827 Winsome Ln, Houston, TX 77057; Private elevator connects levels 1‑4 and reaches a fifth‑floor rooftop terrace; Two‑car garage plus guest suite or study on the first floor
