Duplex with
New
For Sale
$544,900
7930 Jester Street A-B, Houston, TX 77051
Two-unit residential property offering garage space and a recently constructed building profile.
Property Size2,778 SF
Price / SF$196.15
Days on Market5
Property Features for 7930 Jester Street A-B
General Information
Standard status
Active
Size
2,778 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,380
Amenities
Electric
Electric, Natural Gas
Garage
Building Details
Building Size
2,778 SF
Year Built
2026
Stories
2
Listing Agency:
Brooks & Davis Real Estate
(832) 524-4526
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Evrealestate
Added: Aug 8
Changed: Aug 10
Last Checked: Aug 11 at 7:08AM
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 duplex comprises two residential units within a 2,778-square-foot property. The building was constructed in 2026 and includes a garage, providing an on-site covered parking feature for the asset.
Located on Jester Street in Houston’s Harris County, the property is accessed from Scott Street via Glenrose Street and Jester Street. Its duplex configuration and residential income classification provide a defined multifamily format for ownership or leasing use.
Located on Jester Street in Houston’s Harris County, the property is accessed from Scott Street via Glenrose Street and Jester Street. Its duplex configuration and residential income classification provide a defined multifamily format for ownership or leasing use.
Key Highlights
- Two‑unit duplex configuration
- 2,778‑square‑foot property
- Constructed in 2026
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
$36,385
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%
$727,700
$727.7K
Cap Rate 7%
$519,786
$519.8K
Cap Rate 9%
$404,278
$404.3K
Market Conditions
NOI Build-Up for 2,778 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
$55.0K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$52.0K $18.71/SF
− OpEx
−$15.6K −$5.61/SF
NOI
$36.4K $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%
$727,700
Cap Rate 7%
$519,786
Cap Rate 9%
$404,278
Alternative Uses
Best Use
Multifamily LT 5
$519.8K
$454.8K – $606.4K
NOI $36,385 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$449.6K
$393.4K – $524.5K
NOI $31,472 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$714.3K
$625.1K – $833.4K
NOI $50,004 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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?
Duplex - Two-unit residential property offering garage space and a recently constructed building profile.
Where is this duplex located?
The property is located at 7930 Jester Street A-B Houston, TX.
What is the asking price?
The asking price for this property is $544,900.
What are key features of this property?
This property features: Two‑unit duplex configuration; 2,778‑square‑foot property; Constructed in 2026
