Nearly Complete Two-Story
For Sale
$689,990
A-b-8011 Bowen St, Houston, TX 77051
Mirrored residences feature private en-suite baths, open living areas, contemporary finishes, and individual two-car garages.
Property Size3,830 SF
Price / SF$180.15
Days on Market81
Property Features for A-b-8011 Bowen St
General Information
Standard status
Active
Size
3,830 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/3.5BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
The Goldstein Group LLC
Listed By:
Chinonso Ochi-Okorie · License #0559334
(832) 380-4541
Source:
Exprealty
Added: Jul 29
Changed: Oct 4
Last Checked: Oct 16 at 10:25AM
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 The Goldstein Group LLC
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 nearly completed duplex comprises two mirrored, two-story residences totaling 3,830 square feet. Each side provides approximately 1,915 square feet with three bedrooms, three-and-a-half bathrooms, a first-floor living room, an upstairs den, two kitchen pantries, and a two-car garage. Private en-suite bathrooms accompany every bedroom, supporting separation and convenience within each residence.
The interiors combine open-concept living spaces with herringbone flooring, illuminated stairways, built-in illuminated den shelving, custom slat accent walls, a linear electric fireplace, glass-front kitchen cabinetry, designer lighting, and contemporary finishes. Double full-view glass garage doors contribute to the modern exterior design. The property is located on Bowen St in Houston, Texas.
The interiors combine open-concept living spaces with herringbone flooring, illuminated stairways, built-in illuminated den shelving, custom slat accent walls, a linear electric fireplace, glass-front kitchen cabinetry, designer lighting, and contemporary finishes. Double full-view glass garage doors contribute to the modern exterior design. The property is located on Bowen St in Houston, Texas.
Key Highlights
- 3,830‑square‑foot duplex with two mirrored residences
- Each unit offers approx. 1, 915 sqft of living space
- Each residence includes 3 bedrooms and 3.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,164
Cap Rate
7.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,280
$1.0M
Cap Rate 7%
$716,629
$716.6K
Cap Rate 9%
$557,378
$557.4K
Market Conditions
NOI Build-Up for 3,830 SF
Gross rent
$75.8K $19.80/SF
− Vacancy
−$4.2K −$1.09/SF
EGI
$71.7K $18.71/SF
− OpEx
−$21.5K −$5.61/SF
NOI
$50.2K $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%
$1,003,280
Cap Rate 7%
$716,629
Cap Rate 9%
$557,378
Alternative Uses
Best Use
Multifamily LT 5
$716.6K
$627.1K – $836.1K
NOI $50,164 @ 7.0% cap · market cap 7.27%
Second Best
Apartment 5plus
$619.9K
$542.4K – $723.2K
NOI $43,391 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$984.9K
$861.8K – $1.15M
NOI $68,940 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
352
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
Frequently Asked Questions
What type of property is this?
Duplex - Mirrored residences feature private en-suite baths, open living areas, contemporary finishes, and individual two-car garages.
Where is this duplex located?
The property is located at A-b-8011 Bowen St Houston, TX.
What is the asking price?
The asking price for this property is $689,990.
What are key features of this property?
This property features: 3,830‑square‑foot duplex with two mirrored residences; Each unit offers approx. 1, 915 sqft of living space; Each residence includes 3 bedrooms and 3.5 bathrooms
