Townhouse-Style Duplex with
For Sale
$585,000
5140 Mallow St, Houston, TX 77033
Two spacious units offer open layouts, upgraded kitchens, individual patios, and convenient garage features.
Property Size3,440 SF
Price / SF$170.06
Days on Market230
Property Features for 5140 Mallow St
General Information
Standard status
Active
Size
3,440 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$9,790
Listing Agency:
NextHome Luxury Premier
(832) 474-7946
Listed By:
Alicia Davis · License #0677799
(832) 474-7946
Source:
Exprealty
Added: Dec 25, 2025
Changed: Aug 8
Last Checked: Aug 12 at 9:59AM
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 NextHome Luxury Premier
Investment Insights
Based on property information with market context.
This 3,440-square-foot duplex contains two townhouse-style residences, each with 3 bedrooms and 2.5 baths. Both units feature open living areas, stainless steel kitchen appliances, custom soft-close cabinetry, full-sized washer and dryer connections, generous storage, and large utility rooms. Upstairs, the bedrooms include a primary suite with a double-vanity bath. Each residence also has a 12 x 12 patio for additional outdoor space.
The property includes automatic garage door openers with wall-mounted controls and remote operation. Front and rear landscaping is supported by a full sprinkler system, while the front yard is partially fenced and offers an option for separate motorized gates. The duplex is near NRG Stadium and the medical center, with a stated 15-minute commute to downtown Houston.
The property includes automatic garage door openers with wall-mounted controls and remote operation. Front and rear landscaping is supported by a full sprinkler system, while the front yard is partially fenced and offers an option for separate motorized gates. The duplex is near NRG Stadium and the medical center, with a stated 15-minute commute to downtown Houston.
Key Highlights
- Two‑unit duplex totaling 3,440 SF
- Each unit includes 3BR and 2.5 baths
- Each residence has a 12 x 12 patio
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
$45,056
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
7.70%
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%
$901,120
$901.1K
Cap Rate 7%
$643,657
$643.7K
Cap Rate 9%
$500,622
$500.6K
Market Conditions
NOI Build-Up for 3,440 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
$68.1K $19.80/SF
− Vacancy
−$3.7K −$1.09/SF
EGI
$64.4K $18.71/SF
− OpEx
−$19.3K −$5.61/SF
NOI
$45.1K $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%
$901,120
Cap Rate 7%
$643,657
Cap Rate 9%
$500,622
Alternative Uses
Best Use
Multifamily LT 5
$643.7K
$563.2K – $750.9K
NOI $45,056 @ 7.0% cap · market cap 7.70%
Second Best
Apartment 5plus
$556.7K
$487.2K – $649.5K
NOI $38,972 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$884.6K
$774.0K – $1.03M
NOI $61,920 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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 spacious units offer open layouts, upgraded kitchens, individual patios, and convenient garage features.
Where is this duplex located?
The property is located at 5140 Mallow St Houston, TX.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 3,440 SF; Each unit includes 3BR and 2.5 baths; Each residence has a 12 x 12 patio
