Four-Unit
New
For Sale
$1,043,900
7926 Jester St A-D, Houston, TX 77051
Two adjacent duplex structures offer both two-story and single-story residential layouts.
Property Size5,322 SF
Days on Market2
Property Features for 7926 Jester St A-D
General Information
Standard status
Active
Size
5,322 SF
Property subtype
Investment
Units
Unit Mix
2 x 3BR/2.5BA, 2 x 3BR/2BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,380
Building Details
Building Size
5,322 SF
Year Built
2026
Buildings
2
Stories
2
Units
2
Listing Agency:
Brooks & Davis Real Estate
(832) 524-4526
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Elliman
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 11 at 9:43AM
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 Brooks & Davis Real Estate
Investment Insights
Based on property information with market context.
This four-unit residential property consists of two adjacent duplex structures completed in 2026. Two of the units are two-story residences measuring 1,389 square feet each, with three bedrooms, two and a half bathrooms, attached one-car garages, open living areas, covered rear porches, and upper-level primary suites with en-suite bathrooms and walk-in closets.
The remaining two units are single-story residences, each containing 1,272 square feet, three bedrooms, and two full bathrooms. Their layouts include fully equipped kitchens with central islands, private primary retreats, covered back porches, and dedicated utility areas. The property is positioned near Interstate 610 and Highway 288, providing access toward the Texas Medical Center and Downtown Houston. WalkScore is 58, BikeScore is 53, and TransitScore is 41.
The remaining two units are single-story residences, each containing 1,272 square feet, three bedrooms, and two full bathrooms. Their layouts include fully equipped kitchens with central islands, private primary retreats, covered back porches, and dedicated utility areas. The property is positioned near Interstate 610 and Highway 288, providing access toward the Texas Medical Center and Downtown Houston. WalkScore is 58, BikeScore is 53, and TransitScore is 41.
Key Highlights
- Four residential units arranged as two adjacent duplexes
- Two‑story units measure 1,389 square feet each and include attached one‑car garages
- Single‑story units measure 1,272 square feet each
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
$69,706
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
6.68%
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%
$1,394,120
$1.4M
Cap Rate 7%
$995,800
$995.8K
Cap Rate 9%
$774,511
$774.5K
Market Conditions
NOI Build-Up for 5,322 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
$105.4K $19.80/SF
− Vacancy
−$5.8K −$1.09/SF
EGI
$99.6K $18.71/SF
− OpEx
−$29.9K −$5.61/SF
NOI
$69.7K $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%
$1,394,120
Cap Rate 7%
$995,800
Cap Rate 9%
$774,511
Alternative Uses
Best Use
Multifamily LT 5
$995.8K
$871.3K – $1.16M
NOI $69,706 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$861.3K
$753.7K – $1.00M
NOI $60,294 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,796 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
447
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?
Quadplex - Two adjacent duplex structures offer both two-story and single-story residential layouts.
Where is this quadplex located?
The property is located at 7926 Jester St A-D Houston, TX.
What is the asking price?
The asking price for this property is $1,043,900.
What are key features of this property?
This property features: Four residential units arranged as two adjacent duplexes; Two‑story units measure 1,389 square feet each and include attached one‑car garages; Single‑story units measure 1,272 square feet each
