New Construction
For Sale
$560,000
8314 Williamsdell St A/B, Houston, TX 77088
Modern two-unit property with private garages, fenced yards, and open-concept living areas across both residences.
Property Size3,626 SF
Price / SF$154.44
Days on Market92
Property Features for 8314 Williamsdell St A/B
General Information
Standard status
Active
Size
3,626 SF
Total Parking Spaces
2
Property subtype
Investment
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$1,568
Building Details
Building Size
3,626 SF
Year Built
2026
Buildings
1
Stories
2
Units
1
Listing Agency:
(281) 450-1143
Listed By:
Christina Greer
(281) 450-1143
Source:
Elliman
Added: Jun 3
Changed: Aug 30
Last Checked: Aug 31 at 6:39PM
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 Christina Greer
Investment Insights
Based on property information with market context.
Completed as new construction in 2026, this duplex contains two residences totaling approximately 3,626 square feet. Each side offers approximately 1,813 square feet with three bedrooms, two-and-a-half bathrooms, a private one-car garage, and a fully fenced yard. The layout places an open living, dining, and kitchen area with a center island on the first floor, while all bedrooms are upstairs.
Each residence includes a primary suite with a walk-in closet and private bathroom, plus two additional bedrooms and a full bathroom. Light blonde LVP flooring and black, white, and gold finishes create a consistent contemporary interior scheme. The property is located at 8314 Williamsdell St A/B in Houston, Texas 77088.
Each residence includes a primary suite with a walk-in closet and private bathroom, plus two additional bedrooms and a full bathroom. Light blonde LVP flooring and black, white, and gold finishes create a consistent contemporary interior scheme. The property is located at 8314 Williamsdell St A/B in Houston, Texas 77088.
Key Highlights
- Two 3 bed/2.5 bath units
- Approximately 3,626 sq ft total building size
- Each unit is approximately 1,813 sq ft
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
$47,492
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
8.48%
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%
$949,840
$949.8K
Cap Rate 7%
$678,457
$678.5K
Cap Rate 9%
$527,689
$527.7K
Market Conditions
NOI Build-Up for 3,626 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
$71.8K $19.80/SF
− Vacancy
−$3.9K −$1.09/SF
EGI
$67.8K $18.71/SF
− OpEx
−$20.4K −$5.61/SF
NOI
$47.5K $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%
$949,840
Cap Rate 7%
$678,457
Cap Rate 9%
$527,689
Alternative Uses
Best Use
Multifamily LT 5
$678.5K
$593.7K – $791.5K
NOI $47,492 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$586.9K
$513.5K – $684.7K
NOI $41,080 @ 7.0% cap · market cap 7.34%
Theoretical Best
Office A
$932.4K
$815.9K – $1.09M
NOI $65,268 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
531
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Modern two-unit property with private garages, fenced yards, and open-concept living areas across both residences.
Where is this duplex located?
The property is located at 8314 Williamsdell St A/B Houston, TX.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Two 3 bed/2.5 bath units; Approximately 3,626 sq ft total building size; Each unit is approximately 1,813 sq ft
