Duplex with Appliance
For Sale
$510,999
7906 Gladstone Street, Houston, TX 77051
Electric service and a range, disposal, microwave, and dishwasher are included.
Property Size2,454 SF
Price / SF$208.23
Days on Market38
Property Features for 7906 Gladstone Street
General Information
Standard status
Active
Size
2,454 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$1,700
Amenities
Electric
Range, Disposal, Microwave, Dishwasher
Paved
Building Details
Building Size
2,454 SF
Year Built
2026
Stories
1
Listing Agency:
Congress Realty
(888) 881-4118
Listed By:
Jared English · License #20608
(888) 881-4118
Source:
Evrealestate
Added: Jun 28
Changed: Aug 3
Last Checked: Aug 3 at 4:39AM
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 Congress Realty
Investment Insights
Based on property information with market context.
This duplex property was built in 2026 and includes electric service along with a range, disposal, microwave, and dishwasher. The exterior features paved improvements.
The property is located at 7906 Gladstone Street in Houston, within Harris County. Access directions continue from the South Loop to Scott Street, Glenrose Street, and Gladstone Street.
The property is located at 7906 Gladstone Street in Houston, within Harris County. Access directions continue from the South Loop to Scott Street, Glenrose Street, and Gladstone Street.
Key Highlights
- 2026 construction
- Range, disposal, microwave, and dishwasher included
- Electric service
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 | $48.6k | $19.80 |
| − Vacancy | −$2.7k | −$1.09 |
| EGI | $45.9k | $18.71 |
| − OpEx | −$13.8k | −$5.61 |
| NOI | $32.1k | $13.10 |
2,454 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$459.2K
$401.8K – $535.7K
NOI $32,142 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$397.2K
$347.5K – $463.4K
NOI $27,802 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$631.0K
$552.2K – $736.2K
NOI $44,172 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
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 - Electric service and a range, disposal, microwave, and dishwasher are included.
Where is this duplex located?
The property is located at 7906 Gladstone Street Houston, TX.
What is the asking price?
The asking price for this property is $510,999.
What are key features of this property?
This property features: 2026 construction; Range, disposal, microwave, and dishwasher included; Electric service
