Two-Unit
For Sale
$210,000
817 Church St, Crosby, TX 77532
Separate front and rear residences provide a three-bedroom and two-bedroom unit mix.
Property Size2,136 SF
Price / SF$98.31
Days on Market64
Property Features for 817 Church St
General Information
Standard status
Active
Size
2,136 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3/1, 1 x 2/1
Multifamily Units
2
Building Details
Year Built
1950
Listing Agency:
Real Broker, LLC
Listed By:
Ricki Robling · License #0819438
(936) 402-5395
Source:
Doorstephomegroup
Added: Aug 14
Changed: Sep 11
Last Checked: Sep 29 at 2:01PM
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 Real Broker, LLC
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Investment Insights
Based on property information with market context.
This 2,136-square-foot duplex, built in 1950, contains two separate residential units. The front residence offers three bedrooms and one bathroom, while the rear residence includes two bedrooms and one bathroom. The property is offered in its current as-is condition.
Located in Old Town Crosby, the duplex sits across from the fairgrounds at 817 Church St. Its established setting and two-unit configuration support continued residential income use, subject to the property’s existing condition and operating arrangements.
Located in Old Town Crosby, the duplex sits across from the fairgrounds at 817 Church St. Its established setting and two-unit configuration support continued residential income use, subject to the property’s existing condition and operating arrangements.
Key Highlights
- Two‑unit duplex with a 3/1 front residence and 2/1 rear residence
- 2,136 square feet of total building area
- Built in 1950
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,322
Cap Rate
7.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,440
$326.4K
Cap Rate 7%
$233,171
$233.2K
Cap Rate 9%
$181,356
$181.4K
Market Conditions
NOI Build-Up for 2,136 SF
Gross rent
$25.6K $12.00/SF
− Vacancy
−$2.3K −$1.08/SF
EGI
$23.3K $10.92/SF
− OpEx
−$7.0K −$3.27/SF
NOI
$16.3K $7.64/SF
Area
Harris County, TX
Vacancy
9.03%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,440
Cap Rate 7%
$233,171
Cap Rate 9%
$181,356
Alternative Uses
Best Use
Multifamily LT 5
$233.2K
$204.0K – $272.0K
NOI $16,322 @ 7.0% cap · market cap 7.77%
Second Best
Apartment 5plus
$202.3K
$177.0K – $236.0K
NOI $14,162 @ 7.0% cap · market cap 6.74%
Theoretical Best
Office A
$583.2K
$510.3K – $680.5K
NOI $40,827 @ 7.0% cap · market cap 19.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
Demographics for 77532, TX
34,679
Population
12,327
Households
2.8
Avg Household Size
36
Median Age
20%
College-Educated
91%
High-School Grad
82.5 sq mi
ZIP Area
420
Density / Sq Mi
$89,740
Median Household Income
$47,202
Median Earnings
$1,190
Median Rent
$243,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate front and rear residences provide a three-bedroom and two-bedroom unit mix.
Where is this duplex located?
The property is located at 817 Church St Crosby, TX.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑unit duplex with a 3/1 front residence and 2/1 rear residence; 2,136 square feet of total building area; Built in 1950
