New-Construction
A-d-7911 Cora St, Houston, TX 77088
For Sale
$889,000
Both residences include three bedrooms, two bathrooms, included appliances, and keyless entry.
Property Size4,960 SF
Price / SF$179.23
Days on Market40
Property Features for A-d-7911 Cora St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
smart locks
appliances
Building Details
Buildings
Listing Agency:
SERHANT.
(281) 768-8265
Listed By:
Shanee Dunbar
(253) 343-3935
Source:
Exprealty
Added: Oct 2
Changed: Nov 10
Last Checked: Nov 10 at 2:16PM
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 SERHANT.
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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 newly built duplex contains 4,960 square feet and is configured as two residences, each with three bedrooms and two bathrooms. Open-concept living areas and upgraded finishes shape the interior layout. Appliances, smart locks for keyless access, and a builder warranty are included.
The property is in Houston, with Target identified in the surrounding area. No HOA applies.
The property is in Houston, with Target identified in the surrounding area. No HOA applies.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 4,960 square feet of property area
- New construction with a builder warranty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,965
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,299,300
$1.3M
Cap Rate 7%
$928,071
$928.1K
Cap Rate 9%
$721,833
$721.8K
Market Conditions
NOI Build-Up for 4,960 SF
Gross rent
$98.2K $19.80/SF
− Vacancy
−$5.4K −$1.09/SF
EGI
$92.8K $18.71/SF
− OpEx
−$27.8K −$5.61/SF
NOI
$65.0K $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%
$1,299,300
Cap Rate 7%
$928,071
Cap Rate 9%
$721,833
Alternative Uses
Best Use
Multifamily LT 5
$928.1K
$812.1K – $1.08M
NOI $64,965 @ 7.0% cap · market cap 7.31%
Second Best
Apartment 5plus
$802.8K
$702.4K – $936.6K
NOI $56,193 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,280 @ 7.0% cap · market cap 10.04%
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
298
Businesses Nearby
Explore this area
Business Placement
Demographics for 77088, TX
54,320
Population
18,500
Households
2.9
Avg Household Size
35
Median Age
13%
College-Educated
72%
High-School Grad
11.1 sq mi
ZIP Area
4,894
Density / Sq Mi
$52,549
Median Household Income
$32,015
Median Earnings
$1,177
Median Rent
$173,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include three bedrooms, two bathrooms, included appliances, and keyless entry.
Where is this duplex located?
The property is located at A-d-7911 Cora St Houston, TX.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2 bathrooms; 4,960 square feet of property area; New construction with a builder warranty
