Gated
For Sale
$540,000
4201 Mallow Street, Houston, TX 77051
An open kitchen, fenced outdoor areas, and modern utility features serve the property.
Property Size2,908 SF
Price / SF$185.69
Days on Market128
Property Features for 4201 Mallow Street
General Information
Standard status
Active
Size
2,908 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$1,682
Amenities
Carpet,Plank,Vinyl
Yes
3
Builder
Quartz Counters,Ceiling Fan(s)
Partial
6365
More than Two
Appraiser
Electric Gate,Garage,Garage Door Opener
2908
Building Details
Building Size
2,908 SF
Year Built
2026
Stories
2
Listing Agency:
eXp Realty LLC
(281) 444-5140
Listed By:
Connie Ligon Reyes
(210) 410-4431
Source:
Garygreene
Added: May 27
Changed: Sep 30
Last Checked: Sep 30 at 4:12PM
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 eXp Realty LLC
Investment Insights
Based on property information with market context.
Built in 2026, this 2,908-SF duplex at 4201 Mallow Street includes an open kitchen with stainless steel appliances and quartz counters. Vinyl plank and carpet are listed among the flooring, and the primary suite is designed for privacy. Additional features include prewiring for security and surround sound, EV charging plugs, a generator inlet, and a built-in pest control system.
Fenced front and back yards are secured by an electric gate. A builder warranty is also included.
Fenced front and back yards are secured by an electric gate. A builder warranty is also included.
Key Highlights
- 2,908 SF duplex built in 2026
- Open kitchen with stainless steel appliances and quartz counters
- Prewired for security and surround sound
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,088
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$761,760
$761.8K
Cap Rate 7%
$544,114
$544.1K
Cap Rate 9%
$423,200
$423.2K
Market Conditions
NOI Build-Up for 2,908 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$57.6K $19.80/SF
− Vacancy
−$3.2K −$1.09/SF
EGI
$54.4K $18.71/SF
− OpEx
−$16.3K −$5.61/SF
NOI
$38.1K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$761,760
Cap Rate 7%
$544,114
Cap Rate 9%
$423,200
Alternative Uses
Best Use
Multifamily LT 5
$544.1K
$476.1K – $634.8K
NOI $38,088 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$470.6K
$411.8K – $549.1K
NOI $32,945 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$747.8K
$654.3K – $872.4K
NOI $52,344 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - An open kitchen, fenced outdoor areas, and modern utility features serve the property.
Where is this duplex located?
The property is located at 4201 Mallow Street Houston, TX.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 2,908 SF duplex built in 2026; Open kitchen with stainless steel appliances and quartz counters; Prewired for security and surround sound
