Two-Unit Duplex with Granite
For Sale
$354,899
Ab-8103 Glass St, Houston, TX 77016
Two residences support owner occupancy in one unit with leasing flexibility in the other.
Property Size1,900 SF
Price / SF$186.79
Days on Market58
Property Features for Ab-8103 Glass St
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Trinity / Houston Gardens
Highway Access
Yes
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,881
Amenities
granite countertops
shaker cabinets
stainless steel appliances
laundry connections
Building Details
Year Built
2021
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Akira Ford
(407) 729-8533
Source:
Exprealty
Added: Sep 6
Changed: Oct 25
Last Checked: Nov 1 at 10:42AM
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 eXp Realty LLC
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 duplex contains two residences within a 1,900-square-foot property. Constructed in 2021, each unit includes two bedrooms and two bathrooms, along with granite countertops, shaker-style cabinetry, stainless steel appliances, and laundry connections. Flooring throughout the units is carpet-free.
The property is located on Glass St in Houston, with access to Downtown Houston and major highways. Its two-unit configuration supports living in one residence while leasing the other, subject to applicable requirements.
The property is located on Glass St in Houston, with access to Downtown Houston and major highways. Its two-unit configuration supports living in one residence while leasing the other, subject to applicable requirements.
Key Highlights
- Two‑unit duplex built in 2021
- Each unit has 2 bedrooms and 2 bathrooms
- 1,900‑square‑foot property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,886
Cap Rate
7.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,720
$497.7K
Cap Rate 7%
$355,514
$355.5K
Cap Rate 9%
$276,511
$276.5K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$37.6K $19.80/SF
− Vacancy
−$2.1K −$1.09/SF
EGI
$35.6K $18.71/SF
− OpEx
−$10.7K −$5.61/SF
NOI
$24.9K $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%
$497,720
Cap Rate 7%
$355,514
Cap Rate 9%
$276,511
Alternative Uses
Best Use
Multifamily LT 5
$355.5K
$311.1K – $414.8K
NOI $24,886 @ 7.0% cap · market cap 7.01%
Second Best
Apartment 5plus
$307.5K
$269.1K – $358.8K
NOI $21,525 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$488.6K
$427.5K – $570.0K
NOI $34,200 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
335
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residences support owner occupancy in one unit with leasing flexibility in the other.
Where is this duplex located?
The property is located at Ab-8103 Glass St Houston, TX.
What is the asking price?
The asking price for this property is $354,899.
What are key features of this property?
This property features: Two‑unit duplex built in 2021; Each unit has 2 bedrooms and 2 bathrooms; 1,900‑square‑foot property
