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    732 Memorial Mews St Houston, TX 77079

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    For Sale
    $665,000

    Fourplex in prime Energy Corridor location, suitable for LTRs/Airbnb.

    Lot size:
    0.15 Acres

    Property Features for 732 Memorial Mews St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1980

    Source: Sherry Fenk Agent Sherry Fenk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Energy Corridor Fourplex Investment Property

    This fourplex is a solid rental investment property suitable for long-term rentals and Airbnb, located in a prime location in the Energy Corridor and zoned to Katy ISD. The property features two townhomes in the front, units A and B, each with 2 bedrooms and 2 bathrooms. Additionally, there are two 3-bedroom, 2-bathroom apartments facing the back of the building. Unit A is currently leased as a short-term rental, while the other units are leased as long-term rentals at prime rental rates. All units have been remodeled with wood tile flooring, cherry wood cabinets, granite countertops, stainless-steel appliances, and full-size washer and dryer connections. The entire building has been replumbed with Pex, featuring separate water lines, separate water heaters for each unit, and sub-metered water meters for each unit. Residents have access to a pool and a single tennis court. The 4-plex is located steps away from miles of Terry Hershey Park hike and bike trails, lighted and patrolled parks and gazebos. The property is subject to a mandatory HOA.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.623038
    Latitude
    29.7755703

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in prime Energy Corridor location, suitable for LTRs/Airbnb.
    Where is this quadplex located?
    The property is located at 732 Memorial Mews St Houston, TX.
    What is the asking price?
    The asking price for this property is $665,000.
    What are key features of this property?
    This property features: - Prime location in the Energy Corridor zoned to Katy ISD, ideal for both long-term rentals (LTRs) and short-term rentals (STRs)/AirBNB.; - All four units are remodeled with **wood tile flooring, cherry wood cabinets, granite countertops, stainless-steel appliances, and full-size washer/dryer connections.**; - The entire building has been replumbed with Pex, featuring separate water lines, water heaters, and sub-metered water meters for each unit.
    (281) 203-7442
    Request Owner's contact information
    732 Memorial Mews St Houston, TX 77079
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    Houston, TX 77079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    732 Memorial Mews St Houston, TX 77079
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