Two-Story
New
For Sale
$780,000
7217 & 7219 Sandra St A-D, Houston, TX 77028
Each residence combines an open living and kitchen area with private upstairs bedrooms.
Property Size4,000 SF
Days on Market3
Property Features for 7217 & 7219 Sandra St A-D
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Investment
Lease Term
12 months
Site & Location
Neighborhood
Trinity / Houston Gardens
Units
Unit Mix
4 x 2BR/2.5BA
Multifamily Units
4
Building Details
Building Size
4,000 SF
Year Built
2026
Stories
2
Listing Agency:
AEA Realty, LLC
Listed By:
Nathaniel Pierre
(832) 738-6493
Source:
Elliman
Added: Oct 23
Last Checked: Oct 24 at 4:33PM
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 AEA Realty, LLC
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 four-unit property is under construction, with completion projected for October 2026. Each residence has two bedrooms and 2.5 bathrooms, with an open living and kitchen area on the ground floor and two upstairs bedrooms, each with its own full bathroom. Unit B at 7217 Sandra St is tenant occupied.
The property is at 7217 and 7219 Sandra St in Houston, Texas. Its BikeScore is 31 (Somewhat Bikeable), WalkScore is 22 (Car-Dependent), and TransitScore is 37 (Some Transit).
The property is at 7217 and 7219 Sandra St in Houston, Texas. Its BikeScore is 31 (Somewhat Bikeable), WalkScore is 22 (Car-Dependent), and TransitScore is 37 (Some Transit).
Key Highlights
- Four residences, each with 2 bedrooms and 2.5 bathrooms
- Estimated completion: October 2026
- Open living and kitchen area on the first floor of each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,391
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,047,820
$1.0M
Cap Rate 7%
$748,443
$748.4K
Cap Rate 9%
$582,122
$582.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$79.2K $19.80/SF
− Vacancy
−$4.4K −$1.09/SF
EGI
$74.8K $18.71/SF
− OpEx
−$22.5K −$5.61/SF
NOI
$52.4K $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%
$1,047,820
Cap Rate 7%
$748,443
Cap Rate 9%
$582,122
Alternative Uses
Best Use
Multifamily LT 5
$748.4K
$654.9K – $873.2K
NOI $52,391 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$647.4K
$566.5K – $755.3K
NOI $45,317 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$1.03M
$900.0K – $1.20M
NOI $72,000 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence combines an open living and kitchen area with private upstairs bedrooms.
Where is this quadplex located?
The property is located at 7217 & 7219 Sandra St A-D Houston, TX.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Four residences, each with 2 bedrooms and 2.5 bathrooms; Estimated completion: October 2026; Open living and kitchen area on the first floor of each unit
