New Construction
For Sale
$399,900
Pending
Ab-7957 Booker St, Houston, TX 77028
Two-story units offer open living areas, modern finishes, and convenient in-unit laundry connections.
Property Size2,688 SF
Days on Market73
Property Features for Ab-7957 Booker St
General Information
Standard status
Pending
Size
2,688 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Settegast
Taxes and HOA fees
Annual Taxes
$4,047
Listing Agency:
Alumbra International Properties
(346) 233-6958
Listed By:
Mayra Puga · License #0756141
(832) 441-7111
Source:
Exprealty
Added: Aug 15
Changed: Oct 25
Last Checked: Oct 24 at 10:50PM
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 Alumbra International 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 newly constructed duplex contains 2,688 square feet across two residential units. Each unit includes 3 bedrooms and 2.5 bathrooms, with all bedrooms positioned on the upper level. The main floor provides an open living and kitchen arrangement, a large island, a half bathroom, washer and dryer connections, modern finishes, and durable flooring.
The property is located at Ab-7957 Booker St in Houston, Texas, approximately 5 minutes from I-610 and 13 minutes from Downtown Houston. Its proximity to dining, shopping, entertainment, and major employment centers adds convenience for residents. The configuration supports either full-property leasing or owner occupancy in one unit with the second unit leased.
The property is located at Ab-7957 Booker St in Houston, Texas, approximately 5 minutes from I-610 and 13 minutes from Downtown Houston. Its proximity to dining, shopping, entertainment, and major employment centers adds convenience for residents. The configuration supports either full-property leasing or owner occupancy in one unit with the second unit leased.
Key Highlights
- Two‑unit duplex with 2,688 square feet
- Each unit includes 3 bedrooms and 2.5 bathrooms
- Open living and kitchen layout with a large island in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,207
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$704,140
$704.1K
Cap Rate 7%
$502,957
$503.0K
Cap Rate 9%
$391,189
$391.2K
Market Conditions
NOI Build-Up for 2,688 SF
Gross rent
$53.2K $19.80/SF
− Vacancy
−$2.9K −$1.09/SF
EGI
$50.3K $18.71/SF
− OpEx
−$15.1K −$5.61/SF
NOI
$35.2K $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%
$704,140
Cap Rate 7%
$502,957
Cap Rate 9%
$391,189
Alternative Uses
Best Use
Multifamily LT 5
$503.0K
$440.1K – $586.8K
NOI $35,207 @ 7.0% cap · market cap 8.80%
Second Best
Apartment 5plus
$435.0K
$380.7K – $507.6K
NOI $30,453 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$691.2K
$604.8K – $806.4K
NOI $48,384 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
233
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 - Two-story units offer open living areas, modern finishes, and convenient in-unit laundry connections.
Where is this duplex located?
The property is located at Ab-7957 Booker St Houston, TX.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,688 square feet; Each unit includes 3 bedrooms and 2.5 bathrooms; Open living and kitchen layout with a large island in each unit
