Duplex with Private Fenced
832 Elkhart St A-B, Houston, TX 77091
For Sale
New
$549,900
Each residence has three bedrooms, two-and-a-half baths, laundry connections, and a fenced backyard.
Property Size3,360 SF
Days on Market3
Property Features for 832 Elkhart St A-B
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
dishwasher
disposal
in-unit washer/dryer connections
private fenced backyard
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
Real Property Management Prefe
Listed By:
Joni Wolfswinkel · License TX #0559262
(281) 894-9111
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:33PM
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 Property Management Prefe
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.
Built in 2023, this duplex contains two matching residences, each with 3 bedrooms and 2.5 bathrooms. Both kitchens include a dishwasher and disposal, and each home has washer and dryer connections. Separate fenced backyards provide private outdoor space for both units.
The property is located in Houston at 832 Elkhart St. Walk Score is 11, Bike Score is 28, and Transit Score is 35.
The property is located in Houston at 832 Elkhart St. Walk Score is 11, Bike Score is 28, and Transit Score is 35.
Key Highlights
- Two matching units, each with 3 bedrooms and 2.5 bathrooms
- Built in 2023
- Dishwasher and disposal in both kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,008
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$880,160
$880.2K
Cap Rate 7%
$628,686
$628.7K
Cap Rate 9%
$488,978
$489.0K
Market Conditions
NOI Build-Up for 3,360 SF
Gross rent
$66.5K $19.80/SF
− Vacancy
−$3.7K −$1.09/SF
EGI
$62.9K $18.71/SF
− OpEx
−$18.9K −$5.61/SF
NOI
$44.0K $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%
$880,160
Cap Rate 7%
$628,686
Cap Rate 9%
$488,978
Alternative Uses
Best Use
Multifamily LT 5
$628.7K
$550.1K – $733.5K
NOI $44,008 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$543.8K
$475.8K – $634.4K
NOI $38,066 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$864.0K
$756.0K – $1.01M
NOI $60,480 @ 7.0% cap · market cap 11.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
Demographics for 77091, TX
28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, two-and-a-half baths, laundry connections, and a fenced backyard.
Where is this duplex located?
The property is located at 832 Elkhart St A-B Houston, TX.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two matching units, each with 3 bedrooms and 2.5 bathrooms; Built in 2023; Dishwasher and disposal in both kitchens
