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7109 Avenue E #12, Houston, TX, 77011

10beds
10baths
2,700sqft
$700,000
$259price/sqft
$5,718/moest. monthly cost
$228,720/yrincome needed

About This Home

Turnkey 10-unit apartment complex fully occupied and cash flowing in the booming East Downtown Houston (EaDo) area, bringing in $8,700 per month in rental income. This prime investment opportunity immediate cash flows with all units currently leased and located in one of Houston’s neighborhoods known for strong rental demand and low vacancy rates. The owner is open allowing a savvy investor to take over the and step into a performing asset. Don’t miss this rare chance to own a stabilized multifamily property in one of the city's most dynamic markets.

Getting Around

80
WalkingVery Walkable
55
TransitGood Transit
62
BikeBikeable

Schools

7/10
7/10
Edison Middle SchoolGrades 6-80.3 mi
3/10
Austin High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 10
  • Full bathrooms: 10

Heating & Cooling

  • Heating features: Window Unit
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,700
  • Total interior livable area: 2,700 sqft

Property

Details

  • Parcel number: 0251330000018

Features

  • Stories: 2

Lot

  • Lot size: 7,501 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tornado
Cold Wave
Hurricane
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across Texas Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$665$7,980
Property Taxes $1,218$14,616
Electricity $296$3,557
Total$5,718$68,616
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$196,045/yr
40% on housing$171,540/yr
45% on housing$152,480/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$259This listing

vs Other Active Listings

Avg $/sqft

ZIP 77011$130
Harris County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 77011$212
Harris County$154

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-04-19Price change$700,000
2025-03-24Listed for sale$1,150,000
2023-06-14Listing removed--
2023-06-07Price change$680,000
2023-04-24Listed for sale$730,000
2010-07-13Sold--

For Sale by Agent

AgentSteven Koleno
BrokerageBeycome Brokerage Realty, LLC

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