Gated Duplex with Private
For Sale
$520,000
Ab-7907 Earhart St, Houston, TX 77028
Each residence combines three bedrooms and 2.5 baths with a private garage and separate utility meters.
Property Size2,870 SF
Price / SF$181.18
Days on Market18
Property Features for Ab-7907 Earhart St
General Information
Standard status
Active
Size
2,870 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Neighborhood
Settegast
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
gated
EV charging
wine refrigerator
under-cabinet lighting
in-ceiling speakers
illuminated staircase
upgraded bathrooms
Building Details
Buildings
1
Listing Agency:
Nextgen Real Estate Properties
(346) 888-2525
Listed By:
Ericka Spencer
(281) 782-2376
Source:
Exprealty
Added: Oct 6
Changed: Oct 21
Last Checked: Oct 23 at 1:24PM
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 Nextgen Real Estate Properties
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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 gated duplex contains two residences, each offering 3 bedrooms, 2.5 baths and a private 1-car garage. The building totals 2,870 square feet and includes separate meters for each side.
Interior features include EV charging, a wine refrigerator, under-cabinet lighting and in-ceiling speakers. An illuminated staircase and upgraded bathrooms add to the finish package.
Interior features include EV charging, a wine refrigerator, under-cabinet lighting and in-ceiling speakers. An illuminated staircase and upgraded bathrooms add to the finish package.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 baths
- 2,870‑square‑foot duplex with a private 1‑car garage on each side
- Separate meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,590
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$751,800
$751.8K
Cap Rate 7%
$537,000
$537.0K
Cap Rate 9%
$417,667
$417.7K
Market Conditions
NOI Build-Up for 2,870 SF
Gross rent
$56.8K $19.80/SF
− Vacancy
−$3.1K −$1.09/SF
EGI
$53.7K $18.71/SF
− OpEx
−$16.1K −$5.61/SF
NOI
$37.6K $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%
$751,800
Cap Rate 7%
$537,000
Cap Rate 9%
$417,667
Alternative Uses
Best Use
Multifamily LT 5
$537.0K
$469.9K – $626.5K
NOI $37,590 @ 7.0% cap · market cap 7.23%
Second Best
Apartment 5plus
$464.5K
$406.4K – $541.9K
NOI $32,515 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$738.0K
$645.8K – $861.0K
NOI $51,660 @ 7.0% cap · market cap 9.93%
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
195
Businesses Nearby
Explore this area
Business Placement
Demographics for 77028, TX
18,701
Population
7,102
Households
2.6
Avg Household Size
35
Median Age
8%
College-Educated
69%
High-School Grad
9.1 sq mi
ZIP Area
2,055
Density / Sq Mi
$36,244
Median Household Income
$28,099
Median Earnings
$1,115
Median Rent
$108,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence combines three bedrooms and 2.5 baths with a private garage and separate utility meters.
Where is this duplex located?
The property is located at Ab-7907 Earhart St Houston, TX.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 baths; 2,870‑square‑foot duplex with a private 1‑car garage on each side; Separate meters for each residence
