New Construction Duplex with ADU
For Sale
$569,000
5030 Mallow Street Unit A/B, Houston, TX 77033
Two-unit property with separate living arrangements, private access, and full kitchen and laundry amenities.
Property Size2,755 SF
Days on Market11
Property Features for 5030 Mallow Street Unit A/B
General Information
Standard status
Active
Size
2,755 SF
Property subtype
Multi Family,Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,189
Building Details
Building Size
2,755 SF
Year Built
2026
Listing Agency:
eXp Realty LLC
Listed By:
Aaron White
(281) 786-9899
Source:
Mpowerrealtygroup
Added: Aug 24
Changed: Aug 31
Last Checked: Sep 1 at 10:34PM
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.
Completed in 2026, this duplex is configured with two independently usable living areas, including an ADU-style suite with its own entrance. The secondary space includes a full kitchen, laundry, and a privacy gate, supporting separation between the units. The layout is positioned for traditional leasing, furnished occupancy, short-term stays, mid-term arrangements, or an owner-occupied setup with an additional residence.
Interior details include a waterfall island, gas range, walk-in pantry, vaulted primary suite, soaking tub, and glass-enclosed shower. The property is located in Houston near NRG Center, the Texas Medical Center, and downtown.
Interior details include a waterfall island, gas range, walk-in pantry, vaulted primary suite, soaking tub, and glass-enclosed shower. The property is located in Houston near NRG Center, the Texas Medical Center, and downtown.
Key Highlights
- 2026 new‑construction duplex with two separately usable living areas
- ADU‑style suite includes a private entrance, full kitchen, laundry, and privacy gate
- Interior features include a waterfall island, gas range, and walk‑in pantry
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
$36,084
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
6.34%
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%
$721,680
$721.7K
Cap Rate 7%
$515,486
$515.5K
Cap Rate 9%
$400,933
$400.9K
Market Conditions
NOI Build-Up for 2,755 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
$54.5K $19.80/SF
− Vacancy
−$3.0K −$1.09/SF
EGI
$51.5K $18.71/SF
− OpEx
−$15.5K −$5.61/SF
NOI
$36.1K $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%
$721,680
Cap Rate 7%
$515,486
Cap Rate 9%
$400,933
Alternative Uses
Best Use
Multifamily LT 5
$515.5K
$451.1K – $601.4K
NOI $36,084 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$445.9K
$390.2K – $520.2K
NOI $31,212 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$708.4K
$619.9K – $826.5K
NOI $49,590 @ 7.0% cap · market cap 8.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 77033, TX
28,369
Population
10,228
Households
2.8
Avg Household Size
36
Median Age
9%
College-Educated
72%
High-School Grad
5.7 sq mi
ZIP Area
4,977
Density / Sq Mi
$37,081
Median Household Income
$28,459
Median Earnings
$1,204
Median Rent
$98,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with separate living arrangements, private access, and full kitchen and laundry amenities.
Where is this duplex located?
The property is located at 5030 Mallow Street Unit A/B Houston, TX.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: 2026 new‑construction duplex with two separately usable living areas; ADU‑style suite includes a private entrance, full kitchen, laundry, and privacy gate; Interior features include a waterfall island, gas range, and walk‑in pantry
