Duplex with Fenced
For Sale
$440,000
4528 Mayflower Street Unit A/B, Houston, TX 77051
Open-plan residence with upstairs bedrooms, a covered patio, and no HOA.
Property Size3,440 SF
Days on Market55
Property Features for 4528 Mayflower Street Unit A/B
General Information
Standard status
Active
Size
3,440 SF
Property subtype
Multi Family,Duplex
Site & Location
Neighborhood
Sunnyside
Highway Access
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$9,234
Amenities
covered patio
full fencing
Building Details
Building Size
3,440 SF
Year Built
2019
Buildings
1
Stories
2
Listing Agency:
Exquisite Properties, LLC
Listed By:
Diego Howard · License #0772827
(281) 336-1891
Source:
Mpowerrealtygroup
Added: Sep 2
Changed: Oct 25
Last Checked: Oct 25 at 1:02AM
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 Exquisite Properties, LLC
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Investment Insights
Based on property information with market context.
Built in 2019, this two-story duplex offers an open interior layout with abundant natural light, recessed lighting, high ceilings, and upstairs bedrooms. The kitchen includes a large island and vent hood, with the living area connecting to a formal dining room. Outside, the backyard is fully fenced and includes a small covered patio.
The other unit is tenant occupied under a 2-year lease that began in January. Short-term rental use is identified as friendly, and the property has no HOA. The location provides access to NRG Park, the Texas Medical Center, Loop 610, I-288, downtown Houston, and surrounding areas.
The other unit is tenant occupied under a 2-year lease that began in January. Short-term rental use is identified as friendly, and the property has no HOA. The location provides access to NRG Park, the Texas Medical Center, Loop 610, I-288, downtown Houston, and surrounding areas.
Key Highlights
- Two‑story duplex built in 2019
- Other unit is tenant occupied under a 2‑year lease that began in January
- Short‑term rental friendly with no HOA
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,972
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,440
$779.4K
Cap Rate 7%
$556,743
$556.7K
Cap Rate 9%
$433,022
$433.0K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$75.5K $21.96/SF
− Vacancy
−$4.7K −$1.36/SF
EGI
$70.9K $20.60/SF
− OpEx
−$31.9K −$9.27/SF
NOI
$39.0K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,440
Cap Rate 7%
$556,743
Cap Rate 9%
$433,022
Alternative Uses
Best Use
Multifamily LT 5
$643.7K
$563.2K – $750.9K
NOI $45,056 @ 7.0% cap · market cap 10.24%
Second Best
Apartment 5plus
$556.7K
$487.2K – $649.5K
NOI $38,972 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$884.6K
$774.0K – $1.03M
NOI $61,920 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
432
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
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Open-plan residence with upstairs bedrooms, a covered patio, and no HOA.
Where is this duplex located?
The property is located at 4528 Mayflower Street Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Two‑story duplex built in 2019; Other unit is tenant occupied under a 2‑year lease that began in January; Short‑term rental friendly with no HOA
