Four-Unit Quadplex with
5111 Higgins St ABCD, Houston, TX 77033
For Sale
$1,190,990
Four residences offer private garages, gated parking, and upscale interior finishes.
Property Size6,452 SF
Days on Market10
Property Features for 5111 Higgins St ABCD
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Amenities
herringbone flooring
all glass kitchen cabinets
smart lighting system
illuminated hardwood staircase
Building Details
Building Size
Year Built
Stories
Listing Agency:
The Goldstein Group LLC
Listed By:
Chinonso Ochi-Okorie · License TX #0559334
(832) 380-4541
Source:
Elliman
Added: Nov 1
Changed: Nov 8
Last Checked: Nov 8 at 7:29AM
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 The Goldstein Group LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit residential property is offered as one package covering two addresses. The front residences each contain 3 bedrooms, 3 bathrooms, and a 1-car garage, with approximately 1,311 square feet per unit. Each rear residence has 3 bedrooms, 4 bathrooms, and a 2-car garage, with approximately 1,915 square feet per unit. Together, the units provide 12 bedrooms and 14 bathrooms.
Interior details include herringbone flooring, glass-front kitchen cabinetry, smart lighting, and an illuminated hardwood staircase. The property also includes a 6-car garage and gated space for 8 additional vehicles. Built in 2026, it has no HOA, deed restrictions, or MUD tax and is outside a flood zone.
Interior details include herringbone flooring, glass-front kitchen cabinetry, smart lighting, and an illuminated hardwood staircase. The property also includes a 6-car garage and gated space for 8 additional vehicles. Built in 2026, it has no HOA, deed restrictions, or MUD tax and is outside a flood zone.
Key Highlights
- Four units across two addresses, sold together as one package
- 12 bedrooms and 14 bathrooms total
- Front units: 3 bedrooms, 3 bathrooms, 1‑car garage, and approximately 1,311 square feet each
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$84,506
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,690,120
$1.7M
Cap Rate 7%
$1,207,229
$1.2M
Cap Rate 9%
$938,956
$939.0K
Market Conditions
NOI Build-Up for 6,452 SF
Gross rent
$127.7K $19.80/SF
− Vacancy
−$7.0K −$1.09/SF
EGI
$120.7K $18.71/SF
− OpEx
−$36.2K −$5.61/SF
NOI
$84.5K $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 Rate 5%
$1,690,120
Cap Rate 7%
$1,207,229
Cap Rate 9%
$938,956
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,506 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$1.04M
$913.7K – $1.22M
NOI $73,096 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,136 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
494
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
$98,300
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in Houston, TX
Properties on Market for Quadplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer private garages, gated parking, and upscale interior finishes.
Where is this quadplex located?
The property is located at 5111 Higgins St ABCD Houston, TX.
What is the asking price?
The asking price for this property is $1,190,990.
What are key features of this property?
This property features: Four units across two addresses, sold together as one package; 12 bedrooms and 14 bathrooms total; Front units: 3 bedrooms, 3 bathrooms, 1‑car garage, and approximately 1,311 square feet each
