Two-Unit Residential
For Sale
$389,000
A-b-8707 Westcott Rd, Houston, TX 77016
Separate entrances serve two residences, each with its own outdoor space and a three-bedroom, two-bathroom layout.
Property Size2,568 SF
Price / SF$151.48
Days on Market13
Property Features for A-b-8707 Westcott Rd
General Information
Standard status
Active
Size
2,568 SF
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$8,092
Building Details
Buildings
1
Listing Agency:
Fiv Realty Co Texas LLC
(281) 479-6683
Listed By:
Chuck Miller
(713) 906-6795
Source:
Exprealty
Added: Oct 2
Changed: Oct 14
Last Checked: Oct 13 at 2:17AM
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 Fiv Realty Co Texas LLC
Investment Insights
Based on property information with market context.
This 2,568-square-foot duplex contains two stacked residences, one on each floor. Each home has three bedrooms, two full bathrooms, an open living plan, wood-look tile, recessed lighting, and a kitchen with quartz counters, shaker cabinetry, subway tile backsplash, stainless appliances, and an island. Primary suites include double vanities and frameless glass showers. The homes have separate entrances; outdoor features include a covered porch for the lower unit, a balcony for the upper unit, and a fenced yard. A driveway is also on site.
The property is north of the 610 North Loop and east of Hwy 69/59, with access to Downtown, the Heights, and the Metro Park & Ride.
The property is north of the 610 North Loop and east of Hwy 69/59, with access to Downtown, the Heights, and the Metro Park & Ride.
Key Highlights
- 2,568‑square‑foot stacked duplex with one residence per floor
- Both units have 3 bedrooms and 2 full bathrooms
- Each home features a quartz‑counter kitchen with an island and stainless appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,635
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,700
$672.7K
Cap Rate 7%
$480,500
$480.5K
Cap Rate 9%
$373,722
$373.7K
Market Conditions
NOI Build-Up for 2,568 SF
Gross rent
$50.8K $19.80/SF
− Vacancy
−$2.8K −$1.09/SF
EGI
$48.0K $18.71/SF
− OpEx
−$14.4K −$5.61/SF
NOI
$33.6K $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%
$672,700
Cap Rate 7%
$480,500
Cap Rate 9%
$373,722
Alternative Uses
Best Use
Multifamily LT 5
$480.5K
$420.4K – $560.6K
NOI $33,635 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$415.6K
$363.7K – $484.9K
NOI $29,093 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$660.3K
$577.8K – $770.4K
NOI $46,224 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
346
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate entrances serve two residences, each with its own outdoor space and a three-bedroom, two-bathroom layout.
Where is this duplex located?
The property is located at A-b-8707 Westcott Rd Houston, TX.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 2,568‑square‑foot stacked duplex with one residence per floor; Both units have 3 bedrooms and 2 full bathrooms; Each home features a quartz‑counter kitchen with an island and stainless appliances
