Two-Story Duplex with
For Sale
$544,900
A-b-7930 Jester St, Houston, TX 77051
Each residence offers an open main level, three bedrooms, a covered rear porch, and an attached garage.
Property Size2,778 SF
Price / SF$196.15
Days on Market26
Property Features for A-b-7930 Jester St
General Information
Standard status
Active
Size
2,778 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,380
Amenities
covered rear porch
Building Details
Buildings
1
Stories
2
Listing Agency:
Brooks & Davis Real Estate
(713) 665-8329
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Exprealty
Added: Aug 16
Changed: Sep 8
Last Checked: Sep 9 at 8:28PM
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.
This two-story duplex contains two residences, each with 1,389 square feet of living space. Both layouts include three bedrooms, two and a half bathrooms, an attached one-car garage, and a covered rear porch. The main level features a foyer, powder room, open living and dining areas, and a kitchen. Upstairs, each residence includes a primary suite with private bathroom and walk-in closet, two additional bedrooms, a full bathroom, and a dedicated laundry area.
Located at A-b-7930 Jester St in Houston, the property provides access to Interstate 610 and Highway 288, with connectivity to the Texas Medical Center and Downtown Houston. The combined property size is 2,778 square feet.
Located at A-b-7930 Jester St in Houston, the property provides access to Interstate 610 and Highway 288, with connectivity to the Texas Medical Center and Downtown Houston. The combined property size is 2,778 square feet.
Key Highlights
- Two‑story duplex with two residences
- Each residence offers 1,389 square feet of living space
- Three bedrooms and two and a half bathrooms per residence
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
$36,385
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
6.68%
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%
$727,700
$727.7K
Cap Rate 7%
$519,786
$519.8K
Cap Rate 9%
$404,278
$404.3K
Market Conditions
NOI Build-Up for 2,778 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
$55.0K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$52.0K $18.71/SF
− OpEx
−$15.6K −$5.61/SF
NOI
$36.4K $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 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%
$727,700
Cap Rate 7%
$519,786
Cap Rate 9%
$404,278
Alternative Uses
Best Use
Multifamily LT 5
$519.8K
$454.8K – $606.4K
NOI $36,385 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$449.6K
$393.4K – $524.5K
NOI $31,472 @ 7.0% cap · market cap 5.78%
Theoretical Best
Office A
$714.3K
$625.1K – $833.4K
NOI $50,004 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
436
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers an open main level, three bedrooms, a covered rear porch, and an attached garage.
Where is this duplex located?
The property is located at A-b-7930 Jester St Houston, TX.
What is the asking price?
The asking price for this property is $544,900.
What are key features of this property?
This property features: Two‑story duplex with two residences; Each residence offers 1,389 square feet of living space; Three bedrooms and two and a half bathrooms per residence
