Newer Duplex with Private
For Sale
$600,000
8419 Woodward St, Houston, TX 77051
Modern interiors feature granite countertops, custom cabinetry, and stainless steel appliances.
Property Size3,668 SF
Price / SF$163.58
Days on Market60
Property Features for 8419 Woodward St
General Information
Standard status
Active
Size
3,668 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
high ceilings
granite countertops
stainless steel appliances
private yard
walk-in closet
ensuite bath
Building Details
Year Built
2024
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Stedman Esene
(281) 300-4602
Source:
Exprealty
Added: Aug 19
Changed: Oct 10
Last Checked: Oct 16 at 2:45PM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
Built in 2024, this duplex combines contemporary finishes with an open-concept interior. The layout includes high ceilings, abundant natural light, granite countertops, custom cabinetry, and stainless steel appliances connecting the kitchen with the dining and living areas. A primary suite includes an ensuite bath and walk-in closet, while three additional bedrooms and 3.5 baths provide flexible space for residents, guests, or office use. The property also includes a private yard for outdoor enjoyment.
Located at 8419 Woodward St in Houston, the property is near major highways, the Texas Medical Center, Downtown Houston, and the University of Houston. Walk Score is 4, Bike Score is 29, and Transit Score is 41.
Located at 8419 Woodward St in Houston, the property is near major highways, the Texas Medical Center, Downtown Houston, and the University of Houston. Walk Score is 4, Bike Score is 29, and Transit Score is 41.
Key Highlights
- Built in 2024
- Duplex with open‑concept interior layout
- Granite countertops, custom cabinetry, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,042
Cap Rate
8.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$960,840
$960.8K
Cap Rate 7%
$686,314
$686.3K
Cap Rate 9%
$533,800
$533.8K
Market Conditions
NOI Build-Up for 3,668 SF
Gross rent
$72.6K $19.80/SF
− Vacancy
−$4.0K −$1.09/SF
EGI
$68.6K $18.71/SF
− OpEx
−$20.6K −$5.61/SF
NOI
$48.0K $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%
$960,840
Cap Rate 7%
$686,314
Cap Rate 9%
$533,800
Alternative Uses
Best Use
Multifamily LT 5
$686.3K
$600.5K – $800.7K
NOI $48,042 @ 7.0% cap · market cap 8.01%
Second Best
Apartment 5plus
$593.6K
$519.4K – $692.6K
NOI $41,555 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$943.2K
$825.3K – $1.10M
NOI $66,024 @ 7.0% cap · market cap 11.00%
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
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
295
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 - Modern interiors feature granite countertops, custom cabinetry, and stainless steel appliances.
Where is this duplex located?
The property is located at 8419 Woodward St Houston, TX.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Built in 2024; Duplex with open‑concept interior layout; Granite countertops, custom cabinetry, and stainless steel appliances
