Newer Construction
For Sale
$409,900
A-8226 Bigwood St, Houston, TX 77016
Two residential units combine open-concept interiors with one occupied residence and a second unit available for occupancy.
Property Size2,360 SF
Price / SF$173.69
Days on Market84
Property Features for A-8226 Bigwood St
General Information
Standard status
Active
Size
2,360 SF
Property subtype
Residential Income
Site & Location
Neighborhood
East Little York / Homestead
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,880
Listing Agency:
Prolific Realty Co
(346) 313-9089
Listed By:
Ashley Soliz
(281) 515-3082
Source:
Exprealty
Added: Aug 4
Changed: Oct 25
Last Checked: Oct 24 at 10:00PM
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 Prolific Realty Co
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.
This newer-construction duplex contains 2,360 square feet across two residential units. Each unit offers 3 bedrooms, 2.5 bathrooms, and an open-concept floor plan. The property is in Houston, Texas, at A-8226 Bigwood St.
One unit is occupied by a tenant who has lived there for approximately one year. The second unit is available for its next occupant, creating a two-unit configuration with one existing tenancy and one vacant residence.
One unit is occupied by a tenant who has lived there for approximately one year. The second unit is available for its next occupant, creating a two-unit configuration with one existing tenancy and one vacant residence.
Key Highlights
- 2,360‑square‑foot duplex with two residential units
- Each unit includes 3 bedrooms and 2.5 bathrooms
- Open‑concept layout in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,911
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,220
$618.2K
Cap Rate 7%
$441,586
$441.6K
Cap Rate 9%
$343,456
$343.5K
Market Conditions
NOI Build-Up for 2,360 SF
Gross rent
$46.7K $19.80/SF
− Vacancy
−$2.6K −$1.09/SF
EGI
$44.2K $18.71/SF
− OpEx
−$13.2K −$5.61/SF
NOI
$30.9K $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%
$618,220
Cap Rate 7%
$441,586
Cap Rate 9%
$343,456
Alternative Uses
Best Use
Multifamily LT 5
$441.6K
$386.4K – $515.2K
NOI $30,911 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$382.0K
$334.2K – $445.6K
NOI $26,737 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$606.9K
$531.0K – $708.0K
NOI $42,480 @ 7.0% cap · market cap 10.36%
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
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 77016, TX
29,966
Population
11,131
Households
2.7
Avg Household Size
37
Median Age
11%
College-Educated
75%
High-School Grad
9.9 sq mi
ZIP Area
3,027
Density / Sq Mi
$46,411
Median Household Income
$30,510
Median Earnings
$1,163
Median Rent
$111,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units combine open-concept interiors with one occupied residence and a second unit available for occupancy.
Where is this duplex located?
The property is located at A-8226 Bigwood St Houston, TX.
What is the asking price?
The asking price for this property is $409,900.
What are key features of this property?
This property features: 2,360‑square‑foot duplex with two residential units; Each unit includes 3 bedrooms and 2.5 bathrooms; Open‑concept layout in both units
