Newly Built Townhome
New
For Sale
$419,900
7843 Sunnyhill St A-B, Houston, TX 77088
Two-unit residential property with contemporary interiors, efficient construction, and brand-new appliances.
Property Size2,394 SF
Days on Market4
Property Features for 7843 Sunnyhill St A-B
General Information
Standard status
Active
Size
2,394 SF
Property subtype
Investment
Additional Details
Public Transit
Yes
Multifamily Units
2
Building Details
Building Size
2,394 SF
Year Built
2026
Stories
2
Units
2
Listing Agency:
Keller Williams Memorial
(832) 541-9495
Listed By:
Johanna Cordova Esparza · License #0736456
(832) 541-9495
Source:
Elliman
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 24 at 8:34AM
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 Keller Williams Memorial
Investment Insights
Based on property information with market context.
This townhome duplex at 7843 Sunnyhill St A-B presents two newly built residential units with modern finishes and open-concept living areas. The interiors include contemporary kitchens with updated cabinetry, sleek countertops, and substantial storage, along with private primary suites and additional flexible rooms. Brand-new appliances and energy-efficient construction support low-maintenance occupancy.
Completed in 2026, the property has not previously been lived in. It is located in Houston, TX, with the surrounding area rated Car-Dependent for walking and Somewhat Bikeable, while transit access is identified as Some Transit.
Completed in 2026, the property has not previously been lived in. It is located in Houston, TX, with the surrounding area rated Car-Dependent for walking and Somewhat Bikeable, while transit access is identified as Some Transit.
Key Highlights
- Two‑unit townhome duplex at 7843 Sunnyhill St A‑B, Houston, TX 77088
- Year built: 2026
- Never previously occupied
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
$31,356
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
7.47%
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%
$627,120
$627.1K
Cap Rate 7%
$447,943
$447.9K
Cap Rate 9%
$348,400
$348.4K
Market Conditions
NOI Build-Up for 2,394 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
$47.4K $19.80/SF
− Vacancy
−$2.6K −$1.09/SF
EGI
$44.8K $18.71/SF
− OpEx
−$13.4K −$5.61/SF
NOI
$31.4K $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 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%
$627,120
Cap Rate 7%
$447,943
Cap Rate 9%
$348,400
Alternative Uses
Best Use
Multifamily LT 5
$447.9K
$392.0K – $522.6K
NOI $31,356 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$387.5K
$339.0K – $452.0K
NOI $27,122 @ 7.0% cap · market cap 6.46%
Theoretical Best
Office A
$615.6K
$538.7K – $718.2K
NOI $43,092 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with contemporary interiors, efficient construction, and brand-new appliances.
Where is this duplex located?
The property is located at 7843 Sunnyhill St A-B Houston, TX.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Two‑unit townhome duplex at 7843 Sunnyhill St A‑B, Houston, TX 77088; Year built: 2026; Never previously occupied
