Renovated Two-Unit
For Sale
$454,500
7529 Westover Street, Houston, TX 77087
Fully occupied duplex with two renovated two-bedroom, one-bath units, each featuring in-unit washer/dryer and gated parking.
Property Size1,975 SF
Price / SF$230.13
Days on Market108
Property Features for 7529 Westover Street
General Information
Standard status
Active
Size
1,975 SF
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Golfcrest / Bellfort / Reveille
Additional Details
Multifamily Units
2
Amenities
garden soaking tub
in-unit washer/dryer
gated parking
Plank,Tile,Vinyl
Yes
1
2
Window Coverings
Owner
Window Treatments,Ceiling Fan(s)
Cleared
10252
One
Appraiser
Electric Gate
1975
Building Details
Building Size
1,975 SF
Year Built
1955
Stories
1
Tenancy
Multi
Listing Agency:
Hunt Commercial & Housing LLC
(713) 360-1031
Listed By:
Adam Hunt · License #676787
(713) 300-8539
Source:
Garygreene
Added: Jul 22
Changed: Nov 4
Last Checked: Nov 4 at 10:12AM
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 Hunt Commercial & Housing LLC
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Investment Insights
Based on property information with market context.
This beautifully renovated mid-century duplex is offered fully occupied. It features two matching units with two bedrooms and one bathroom each, with all-new appliances, new cabinetry, and fully refinished interiors throughout. Each unit also includes a garden soaking tub and an in-unit washer/dryer, along with gated parking.
The property is located at 7529 Westover St in Houston, TX 77087. Mobility indicators listed for the area are bikeScore 42 (Somewhat Bikeable), walkScore 52 (Somewhat Walkable), and transitScore 41 (Some Transit).
Buyer should verify all measurements. All information is provided as stated in the remarks, and prospective purchasers are encouraged to conduct their own due diligence.
The property is located at 7529 Westover St in Houston, TX 77087. Mobility indicators listed for the area are bikeScore 42 (Somewhat Bikeable), walkScore 52 (Somewhat Walkable), and transitScore 41 (Some Transit).
Buyer should verify all measurements. All information is provided as stated in the remarks, and prospective purchasers are encouraged to conduct their own due diligence.
Key Highlights
- 1955‑built mid‑century duplex with two renovated 2‑bedroom, 1‑bath units
- Both units are fully renovated with all‑new appliances and new cabinetry
- Each unit includes a garden soaking tub and in‑unit washer/dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,868
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,360
$517.4K
Cap Rate 7%
$369,543
$369.5K
Cap Rate 9%
$287,422
$287.4K
Market Conditions
NOI Build-Up for 1,975 SF
Gross rent
$39.1K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$37.0K $18.71/SF
− OpEx
−$11.1K −$5.61/SF
NOI
$25.9K $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%
$517,360
Cap Rate 7%
$369,543
Cap Rate 9%
$287,422
Alternative Uses
Best Use
Multifamily LT 5
$369.5K
$323.4K – $431.1K
NOI $25,868 @ 7.0% cap · market cap 5.69%
Second Best
Apartment 5plus
$319.6K
$279.7K – $372.9K
NOI $22,375 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$507.9K
$444.4K – $592.5K
NOI $35,550 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
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Business Placement
Demographics for 77087, TX
34,654
Population
12,400
Households
2.8
Avg Household Size
35
Median Age
12%
College-Educated
63%
High-School Grad
6.6 sq mi
ZIP Area
5,251
Density / Sq Mi
$53,624
Median Household Income
$32,927
Median Earnings
$1,015
Median Rent
$148,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two renovated two-bedroom, one-bath units, each featuring in-unit washer/dryer and gated parking.
Where is this duplex located?
The property is located at 7529 Westover Street Houston, TX.
What is the asking price?
The asking price for this property is $454,500.
What are key features of this property?
This property features: 1955‑built mid‑century duplex with two renovated 2‑bedroom, 1‑bath units; Both units are fully renovated with all‑new appliances and new cabinetry; Each unit includes a garden soaking tub and in‑unit washer/dryer
