7118 Eastwood St, Houston, TX 77021
A completed 2026 duplex with separate metering and private yards, offering flexible living or investment use.
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 2:11 am
Property Features for 7118 Eastwood St
General Information
- Standard status
- Active
- Size
- 3,140 SF
- Property subtype
- Investment
Building Details
- Year Built
- 2026
Listing agent Nicole Handy License #0623605 (832) 500-5426
Listing office (832) 500-5426
Listing date Jun 15, 2026
Source Elliman
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 Nicole Handy
HighLights
- New construction completed in 2026: duplex with 2 units and 3 bedrooms / 2.5 bathrooms per unit
- Approx. 3,140 SF total (1,570 SF per unit) with two‑story layout and open‑concept living and dining areas
- Each unit has a private entrance and separately fenced backyard
- Utilities are separately metered, including electric and water; each unit has its own central A/C
- In‑unit laundry connections available (appliances not included); no gas service
- No HOA; located at 7118–7120 Eastwood St, Houston, TX 77021
Overview
The duplex is located near the Texas Medical Center in Houston, and sits at 7118–7120 Eastwood St. Utilities are separately metered for electric and water, and each unit has its own central A/C system. The property has no HOA, and there is no gas service. The surrounding area is described as having somewhat walkable and bikeable conditions, with limited transit.
This property can fit an investor looking for a duplex with individually metered utilities and private outdoor space, or an owner-occupant seeking the ability to live in one unit while renting the other. With separate entrances, fenced backyards, and independent climate systems, each unit is set up for tenant privacy and operational ease.
Local Financial Insights For Multifamily LT 5
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 | $62.2k | $19.80 |
| − Vacancy | −$3.4k | −$1.09 |
| EGI | $58.8k | $18.71 |
| − OpEx | −$17.6k | −$5.61 |
| NOI | $41.1k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.3563123
- Latitude
- 29.6853659
