Multifamily Property with Private
New
For Sale
$453,000
Pending
8003 Cora Street A-B, Houston, TX 77088
The residence includes electric service, ceiling fans, and a kitchen equipped with major appliances.
Property Size2,480 SF
Days on Market7
Property Features for 8003 Cora Street A-B
General Information
Standard status
Pending
Size
2,480 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Acres Home
Road Access
Yes
Amenities
Ceiling Fan(s), Electric
Electric
Range, Microwave, Dishwasher, Refrigerator
Paved
Private Entrance
Building Details
Building Size
2,480 SF
Year Built
2026
Stories
2
Listing Agency:
SERHANT.
Listed By:
Shanee Dunbar
(253) 343-3935
Source:
Evrealestate
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 24 at 5:20PM
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 SERHANT.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 8003 Cora Street A-B in Houston, this 2,480-square-foot multifamily property was built in 2026. Private entrances and paved exterior areas are among its physical features.
Interior details include ceiling fans and electric service. The kitchen is equipped with a range, microwave, dishwasher, and refrigerator.
Interior details include ceiling fans and electric service. The kitchen is equipped with a range, microwave, dishwasher, and refrigerator.
Key Highlights
- 2,480‑square‑foot multifamily property
- Built in 2026
- Private entrances and paved exterior areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,096
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,920
$561.9K
Cap Rate 7%
$401,371
$401.4K
Cap Rate 9%
$312,178
$312.2K
Market Conditions
NOI Build-Up for 2,480 SF
Gross rent
$54.5K $21.96/SF
− Vacancy
−$3.4K −$1.36/SF
EGI
$51.1K $20.60/SF
− OpEx
−$23.0K −$9.27/SF
NOI
$28.1K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,920
Cap Rate 7%
$401,371
Cap Rate 9%
$312,178
Alternative Uses
Best Use
Apartment 5plus
$401.4K
$351.2K – $468.3K
NOI $28,096 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$637.7K
$558.0K – $744.0K
NOI $44,640 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
240
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
Frequently Asked Questions
What type of property is this?
Multifamily property - The residence includes electric service, ceiling fans, and a kitchen equipped with major appliances.
Where is this multifamily property located?
The property is located at 8003 Cora Street A-B Houston, TX.
What is the asking price?
The asking price for this property is $453,000.
What are key features of this property?
This property features: 2,480‑square‑foot multifamily property; Built in 2026; Private entrances and paved exterior areas
