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Four-Unit Residential Income Property
For Sale
$490,000

4-521 Ferguson St, Humble, TX 77338

Each residence offers two bedrooms, one-and-a-half baths, and a practical living layout.

Property Size4,144 SF
Price / SF$118.24
Days on Market63

Property Features for 4-521 Ferguson St

General Information

Standard status Active
Size 4,144 SF
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $7,625
Listing Agency: Luxury Home Advisors
Listed By: Michael Joseph
Source: Exprealty
Added: Aug 6 Changed: Sep 6 Last Checked: Oct 5 at 7:38PM

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 Luxury Home Advisors

Investment Insights

Based on property information with market context.

This 4,144-square-foot quadplex contains four residential units, with each residence arranged across a functional two-level floor plan. The main level includes a covered front entry, living room, dining area, kitchen, and interior utility room. Both bedrooms and a full bathroom are located upstairs, creating a clear separation between shared and private spaces.

The property is situated in the Matthews Subdivision of Humble, Texas. Each unit provides two bedrooms and one-and-a-half bathrooms, offering a consistent configuration throughout the building. The combination of four residences and dedicated living, dining, kitchen, and utility areas defines the property’s layout.

Key Highlights

  • 4,144 SF quadplex with four residential units
  • Each unit includes 2 bedrooms and 1.5 bathrooms
  • Two‑level layout places both bedrooms and a full bathroom upstairs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,666
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,320 $633.3K
Cap Rate 7%
$452,371 $452.4K
Cap Rate 9%
$351,844 $351.8K
Market Conditions
NOI Build-Up for 4,144 SF
Gross rent
$49.7K $12.00/SF
− Vacancy
−$4.5K −$1.08/SF
EGI
$45.2K $10.92/SF
− OpEx
−$13.6K −$3.27/SF
NOI
$31.7K $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%
$633,320
Cap Rate 7%
$452,371
Cap Rate 9%
$351,844

Alternative Uses

Best Use
Multifamily LT 5
$452.4K
$395.8K – $527.8K (±1% cap)
NOI $31,666 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$392.5K
$343.4K – $457.9K (±1% cap)
NOI $27,475 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.13M
$990.1K – $1.32M (±1% cap)
NOI $79,207 @ 7.0% cap · market cap 16.16%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Butcher Tanning Salon Acupuncture (Bike/Boat/Book/etc) Store Florist Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby

Demographics for 77338, TX

45,031
Population
17,667
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
87%
High-School Grad
26.0 sq mi
ZIP Area
1,732
Density / Sq Mi
$68,808
Median Household Income
$38,528
Median Earnings
$1,354
Median Rent
$222,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Each residence offers two bedrooms, one-and-a-half baths, and a practical living layout.
Where is this quadplex located?
The property is located at 4-521 Ferguson St Humble, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 4,144 SF quadplex with four residential units; Each unit includes 2 bedrooms and 1.5 bathrooms; Two‑level layout places both bedrooms and a full bathroom upstairs
More about this property
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