New Construction
For Sale
$899,900
A-d-1206 Schweikhardt St, Houston, TX 77020
Four-unit residential property under construction with a balanced mix of one- and two-bedroom floor plans.
Property Size3,273 SF
Price / SF$274.95
Days on Market117
Property Features for A-d-1206 Schweikhardt St
General Information
Standard status
Active
Size
3,273 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/2.5BA, 2 x 1BR/1.5BA
Multifamily Units
4
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,432
Building Details
Buildings
1
Listing Agency:
Brooks & Davis Real Estate
(713) 665-8329
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Exprealty
Added: Jun 23
Changed: Oct 4
Last Checked: Oct 16 at 3:03PM
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
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 3,273-square-foot quadplex at A-d-1206 Schweikhardt St is currently under construction and contains four residential units. The configuration includes two two-bedroom residences with 2.5 bathrooms each, along with two one-bedroom residences offering 1.5 bathrooms apiece. The unit mix provides both larger roommate-oriented layouts and more compact one-bedroom options.
The property is minutes from Houston’s East End, with nearby restaurants, shops, and breweries. Major highway access connects the site with downtown Houston, the Texas Medical Center, and the University of Houston. The address places the development within a central Houston setting suited to residents seeking access to established employment, education, and neighborhood destinations.
The property is minutes from Houston’s East End, with nearby restaurants, shops, and breweries. Major highway access connects the site with downtown Houston, the Texas Medical Center, and the University of Houston. The address places the development within a central Houston setting suited to residents seeking access to established employment, education, and neighborhood destinations.
Key Highlights
- Four‑unit quadplex currently under construction
- 3,273 square feet of total property size
- Two 2‑bedroom, 2.5‑bathroom units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,869
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$857,380
$857.4K
Cap Rate 7%
$612,414
$612.4K
Cap Rate 9%
$476,322
$476.3K
Market Conditions
NOI Build-Up for 3,273 SF
Gross rent
$64.8K $19.80/SF
− Vacancy
−$3.6K −$1.09/SF
EGI
$61.2K $18.71/SF
− OpEx
−$18.4K −$5.61/SF
NOI
$42.9K $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%
$857,380
Cap Rate 7%
$612,414
Cap Rate 9%
$476,322
Alternative Uses
Best Use
Multifamily LT 5
$612.4K
$535.9K – $714.5K
NOI $42,869 @ 7.0% cap · market cap 4.76%
Second Best
Apartment 5plus
$529.7K
$463.5K – $618.0K
NOI $37,080 @ 7.0% cap · market cap 4.12%
Theoretical Best
Office A
$841.6K
$736.4K – $981.9K
NOI $58,914 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
Demographics for 77020, TX
24,846
Population
10,054
Households
2.5
Avg Household Size
35
Median Age
13%
College-Educated
65%
High-School Grad
7.8 sq mi
ZIP Area
3,185
Density / Sq Mi
$49,481
Median Household Income
$32,573
Median Earnings
$942
Median Rent
$133,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential property under construction with a balanced mix of one- and two-bedroom floor plans.
Where is this quadplex located?
The property is located at A-d-1206 Schweikhardt St Houston, TX.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Four‑unit quadplex currently under construction; 3,273 square feet of total property size; Two 2‑bedroom, 2.5‑bathroom units
