4-Unit Townhome-Style
For Sale
$695,000
21155 Gosling Road 33a-d, Spring, TX 77388
Each residence includes a private garage, three bedrooms, and two-and-a-half bathrooms.
Property Size6,604 SF
Price / SF$105.24
Days on Market9
Property Features for 21155 Gosling Road 33a-d
General Information
Standard status
Active
Size
6,604 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$17,561
Amenities
Plank,Vinyl,Carpet
true
2
3
Washer Hookup,Dryer Hookup
Appraiser
Granite Counters,Ceiling Fan(s)
Subdivision
2700
Garage
6604
Building Details
Building Size
6,604 SF
Year Built
2019
Stories
3
Listing Agency:
(832) 262-9488
Listed By:
Ken & Mayte Hayes
Source:
Klmrealtygroup
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 12:28PM
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 Ken & Mayte Hayes
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Investment Insights
Based on property information with market context.
Built in 2019, this four-unit property totals 6,604 square feet and is arranged in a townhome-style configuration. Each residence has three bedrooms, two-and-a-half bathrooms, a private garage, granite countertops, stainless-steel appliances, and LVP flooring in wet areas. All four units are rented. The HOA covers exterior maintenance, insurance, water, sewer, and trash.
The property is in Spring/Klein near Exxon Campus, Grand Parkway (Hwy 99), and I-45. It is adjacent to a community playground.
The property is in Spring/Klein near Exxon Campus, Grand Parkway (Hwy 99), and I-45. It is adjacent to a community playground.
Key Highlights
- Four townhome‑style units, each with 3 bedrooms and 2.5 bathrooms
- 6,604 square feet; built in 2019
- All four units are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,464
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,280
$1.0M
Cap Rate 7%
$720,914
$720.9K
Cap Rate 9%
$560,711
$560.7K
Market Conditions
NOI Build-Up for 6,604 SF
Gross rent
$79.2K $12.00/SF
− Vacancy
−$7.2K −$1.08/SF
EGI
$72.1K $10.92/SF
− OpEx
−$21.6K −$3.27/SF
NOI
$50.5K $7.64/SF
Area
Harris County, TX
Vacancy
9.03%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,009,280
Cap Rate 7%
$720,914
Cap Rate 9%
$560,711
Alternative Uses
Best Use
Multifamily LT 5
$720.9K
$630.8K – $841.1K
NOI $50,464 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$625.5K
$547.3K – $729.8K
NOI $43,785 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M
NOI $126,226 @ 7.0% cap · market cap 18.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
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Business Placement
Demographics for 77388, TX
51,483
Population
18,924
Households
2.7
Avg Household Size
37
Median Age
34%
College-Educated
92%
High-School Grad
13.4 sq mi
ZIP Area
3,842
Density / Sq Mi
$101,588
Median Household Income
$53,925
Median Earnings
$1,809
Median Rent
$264,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes a private garage, three bedrooms, and two-and-a-half bathrooms.
Where is this quadplex located?
The property is located at 21155 Gosling Road 33a-d Spring, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four townhome‑style units, each with 3 bedrooms and 2.5 bathrooms; 6,604 square feet; built in 2019; All four units are currently rented
