8030 Record Street, Houston, TX 77028
Duplex offering two-bedroom, one-bath units with durable plank, tile, and vinyl finishes.
Property Features for 8030 Record Street
General Information
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property is located at 8030 Record Street in Houston, TX 77028, and was built in 1950. With a total property size of 1,080 SF, it offers a compact, manageable footprint for an owner looking for a duplex configuration within a residential subdivision setting.
Key Highlights
- Two units, each with two bedrooms and one bathroom
- 1,080 SF duplex total size
- Built in 1950
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 | $21.4k | $19.80 |
| − Vacancy | −$1.2k | −$1.09 |
| EGI | $20.2k | $18.71 |
| − OpEx | −$6.1k | −$5.61 |
| NOI | $14.1k | $13.10 |
Alternative Uses
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Current Use
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Location Intelligence
Trade Area within ½ mile
Demographics for 77028, TX
Market
Vacancy Rate% for Multifamily in South region