New Construction
For Sale
$390,000
A-b-7221 Sandra St, Houston, TX 77028
Two residential units offer open-concept living areas, private bedrooms, and contemporary kitchen layouts.
Property Size2,000 SF
Price / SF$195
Days on Market69
Property Features for A-b-7221 Sandra St
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Trinity / Houston Gardens
Additional Details
Multifamily Units
2
Listing Agency:
AEA Realty, LLC
(281) 317-0019
Listed By:
Nathaniel Pierre
(832) 738-6493
Source:
Exprealty
Added: Aug 18
Changed: Oct 25
Last Checked: Oct 24 at 10:14PM
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 AEA Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex is under construction with estimated completion in July 2026. The property includes two separately configured units, each with 2 bedrooms and 2.5 bathrooms. Both residences are designed with an open first-floor living area connected to the kitchen, while the upper level contains two bedrooms with a full private bathroom serving each bedroom.
The property is located on Sandra St in Houston, within a Northeast Houston neighborhood. Its two-unit configuration and consistent floor plans provide a straightforward residential income property format, with each residence offering a similar arrangement of living, kitchen, and bedroom spaces.
The property is located on Sandra St in Houston, within a Northeast Houston neighborhood. Its two-unit configuration and consistent floor plans provide a straightforward residential income property format, with each residence offering a similar arrangement of living, kitchen, and bedroom spaces.
Key Highlights
- Two‑unit duplex currently under construction
- Estimated completion scheduled for July 2026
- Each unit includes 2 bedrooms and 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,195
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$523,900
$523.9K
Cap Rate 7%
$374,214
$374.2K
Cap Rate 9%
$291,056
$291.1K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$39.6K $19.80/SF
− Vacancy
−$2.2K −$1.09/SF
EGI
$37.4K $18.71/SF
− OpEx
−$11.2K −$5.61/SF
NOI
$26.2K $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%
$523,900
Cap Rate 7%
$374,214
Cap Rate 9%
$291,056
Alternative Uses
Best Use
Multifamily LT 5
$374.2K
$327.4K – $436.6K
NOI $26,195 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$323.7K
$283.2K – $377.6K
NOI $22,658 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$514.3K
$450.0K – $600.0K
NOI $36,000 @ 7.0% cap · market cap 9.23%
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
562
Businesses Nearby
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer open-concept living areas, private bedrooms, and contemporary kitchen layouts.
Where is this duplex located?
The property is located at A-b-7221 Sandra St Houston, TX.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two‑unit duplex currently under construction; Estimated completion scheduled for July 2026; Each unit includes 2 bedrooms and 2.5 bathrooms
