Log In/Sign Up
Your email has been sent.
7118 Eastwood st - Brand-New Duplex Near Texas Medical Center | 2 Unit Apartment Building Offered at $763,650 CAD at a 5.26% Cap Rate Houston, TX 77021
Investment Highlights
- New construction = low maintenance
- Strong rental demand (Medical Center proximity)
- No HOA
- Individually metered utilities
- Ideal for house hacking or STR/LTR
Executive Summary
Excellent investment opportunity near the Texas Medical Center. Newly constructed duplex built in 2026, offering strong rental potential in a rapidly growing area. Located at 7118–7120 Eastwood St, Houston, TX 77021, this modern two-story multifamily property offers approximately 3,140 SF total (1,570 SF per unit). Each unit features an identical layout with 3 bedrooms, 2.5 bathrooms, private entrances, and individually fenced backyards. Spacious open-concept living and dining areas, modern kitchens, and in-unit laundry connections (appliances not included). Utilities are fully separated for each unit, including electric meters, water service, and central A/C systems, allowing independent operation. No gas service and no HOA. Conveniently located near the Texas Medical Center, universities, major highways, and employment centers, making it ideal for investors or owner-occupants seeking rental income potential.
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Wale Lawal
REALTOR | INVESTOR, LPT Realty, LLC
(832) 776-9582 (m)
wale@networthbuilders.com
Property Facts
| Price | $763,650 CAD | Apartment Style | Garden |
| Price Per Unit | $381,825 CAD | Building Size | 3,140 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| Cap Rate | 5.26% | No. Stories | 2 |
| Sale Condition | Build to Suit | Year Built | 2026 |
| No. Units | 2 | Opportunity Zone |
Yes
|
| Property Type | Multifamily | ||
| Zoning | Residential (Duplex) - Residential (Duplex) | ||
| Price | $763,650 CAD |
| Price Per Unit | $381,825 CAD |
| Sale Type | Investment |
| Cap Rate | 5.26% |
| Sale Condition | Build to Suit |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Building Size | 3,140 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2026 |
| Opportunity Zone |
Yes |
| Zoning | Residential (Duplex) - Residential (Duplex) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 6+5 | 2 | $6,355 CAD | 3,140 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
7118 Eastwood st - Brand-New Duplex Near Texas Medical Center |
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.