Furnished Short-Term Rental
New
For Sale
$474,900
9320 Coffee Street A-b, Houston, TX 77033
Three-bedroom residence with contemporary finishes, furnished interiors, and an established short-term rental use.
Property Size2,672 SF
Price / SF$177.73
Days on Market5
Property Features for 9320 Coffee Street A-b
General Information
Standard status
Active
Size
2,672 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Additional Details
Furnished
Yes
Highway Access
Yes
Building Details
Year Built
2021
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License #0667248
(281) 673-6106
Source:
Thebandpteam
Added: Sep 6
Changed: Sep 8
Last Checked: Sep 10 at 12:26AM
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 Brooks & Davis Real Estate
Investment Insights
Based on property information with market context.
Located at 9320 Coffee Street A-b in Houston, this 2021-built residence is furnished and configured with three bedrooms and two-and-a-half bathrooms. The interior uses an open layout with wide-plank flooring, recessed lighting, quartz countertops with a waterfall edge, stainless steel appliances, and white cabinetry. Bathrooms include LED-backlit mirrors and custom tile work, while the bedrooms feature restrained contemporary finishes.
The property is currently operated as a short-term rental. Its South Houston setting provides proximity to the Texas Medical Center, NRG Stadium, and the Hobby Airport corridor, with access to major highways connecting the property to area dining, shopping, and entertainment destinations.
The property is currently operated as a short-term rental. Its South Houston setting provides proximity to the Texas Medical Center, NRG Stadium, and the Hobby Airport corridor, with access to major highways connecting the property to area dining, shopping, and entertainment destinations.
Key Highlights
- Three‑bedroom, two‑and‑a‑half‑bathroom furnished residence
- Built in 2021
- Currently operated as a short‑term rental
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
$30,272
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
6.37%
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%
$605,440
$605.4K
Cap Rate 7%
$432,457
$432.5K
Cap Rate 9%
$336,356
$336.4K
Market Conditions
NOI Build-Up for 2,672 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
$58.7K $21.96/SF
− Vacancy
−$3.6K −$1.36/SF
EGI
$55.0K $20.60/SF
− OpEx
−$24.8K −$9.27/SF
NOI
$30.3K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
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%
$605,440
Cap Rate 7%
$432,457
Cap Rate 9%
$336,356
Alternative Uses
Best Use
Apartment 5plus
$432.5K
$378.4K – $504.5K
NOI $30,272 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$687.1K
$601.2K – $801.6K
NOI $48,096 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
438
Businesses Nearby
Explore this area
Business Placement
Demographics for 77033, TX
28,369
Population
10,228
Households
2.8
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
4,977
Density / Sq Mi
$37,081
Median Household Income
$28,459
Median Earnings
$1,204
Median Rent
$98,300
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?
Short term rental property - Three-bedroom residence with contemporary finishes, furnished interiors, and an established short-term rental use.
Where is this short term rental property located?
The property is located at 9320 Coffee Street A-b Houston, TX.
What is the asking price?
The asking price for this property is $474,900.
What are key features of this property?
This property features: Three‑bedroom, two‑and‑a‑half‑bathroom furnished residence; Built in 2021; Currently operated as a short‑term rental
