New Luxury Duplex in
For Sale
$610,000
Pending
8319 Bassett St A/B, Houston, TX 77051
New construction duplex in Sunnyside, ideal for investment or living.
Property Size3,300 SF
Days on Market186
Property Features for 8319 Bassett St A/B
General Information
Standard status
Pending
Size
3,300 SF
Property subtype
Investment
Site & Location
Neighborhood
Sunnyside Civic Club, Inc.
Building Details
Building Size
3,300 SF
Year Built
2026
Stories
2
Units
2
Listing Agency:
RE/MAX 5 Star Realty
Listed By:
Omar Scanu · License #615196
(832) 978-1276
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 3:00PM
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 RE/MAX 5 Star Realty
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Investment Insights
Based on property information with market context.
The Bassett Collection presents a new luxury duplex under construction in Houston’s revitalized Sunnyside area. Designed and built by Jjames Construction Company, these residences offer modern design with investment versatility. Each unit includes 4 bedrooms, 2.5 bathrooms, and an attached 1-car garage. Designer finishes are featured throughout, including luxury vinyl plank flooring, quartz countertops, and a kitchen with an island. The floor plan is STR-friendly and suited for house-hacking, multigenerational living, or rental income. Smart-home features, EV-ready garage outlets, and a gated driveway provide comfort and security. The property is located minutes from the Medical Center, Downtown, and major freeways, offering urban convenience.
Key Highlights
- Brand‑new luxury duplex in Houston's revitalized Sunnyside area.
- Investment‑ready with STR‑friendly floor plan for house‑hacking, multigenerational living, or rental income.
- Each unit features 4 bedrooms, 2.5 bathrooms, and an attached 1‑car garage.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,222
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,440
$864.4K
Cap Rate 7%
$617,457
$617.5K
Cap Rate 9%
$480,244
$480.2K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$65.3K $19.80/SF
− Vacancy
−$3.6K −$1.09/SF
EGI
$61.7K $18.71/SF
− OpEx
−$18.5K −$5.61/SF
NOI
$43.2K $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 Rate 5%
$864,440
Cap Rate 7%
$617,457
Cap Rate 9%
$480,244
Alternative Uses
Best Use
Multifamily LT 5
$617.5K
$540.3K – $720.4K
NOI $43,222 @ 7.0% cap · market cap 7.09%
Second Best
Apartment 5plus
$534.1K
$467.3K – $623.1K
NOI $37,386 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$848.6K
$742.5K – $990.0K
NOI $59,400 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
160
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
Check the figures for this property
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 - New construction duplex in Sunnyside, ideal for investment or living.
Where is this duplex located?
The property is located at 8319 Bassett St A/B Houston, TX.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Brand‑new luxury duplex in Houston's revitalized Sunnyside area.; Investment‑ready with STR‑friendly floor plan for house‑hacking, multigenerational living, or rental income.; Each unit features 4 bedrooms, 2.5 bathrooms, and an attached 1‑car garage.
