Townhouse-Style Duplex with
5140 Mallow Street Houston, TX 77033
5140 Mallow Street, Houston, TX, 77033
$585,000
For Sale
$585,000
Residential Multi Family, Other - Houston, TX
Property Size3,440 SF
Lot Size0.17 Acres
Price / SF$170.06
Days on Market205
Property Features for 5140 Mallow Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Standard status
- Active
- Size
- 3,440 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 2021
- Architectural style
- Other
Listing Agency
NextHome Luxury Premier
(832) 478-6667
2700 Post Oak Blvd., TX
Listed by
Houston Luxury Living · License #656827,PersonLicenseNumber
(832) 820-9085
Added: Dec 25, 2025 Checked: Jul 18 at 4:06 am
MLS# 94563673
Listing URL
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This townhouse-styled duplex offers two sizable units, each configured with 3 bedrooms and 2.5 bathrooms. Interiors feature bright, open floorplans and a kitchen with stainless steel appliances and custom-made soft-closing cabinets. Each home includes a large utility room inside the house, as well as a full-sized washer and dryer and ample storage. Upstairs, bedrooms are generously spaced, with a primary bath that includes a double vanity area. Outside, each unit has an expansive 12 x 12 patio, and the front is partially fenced with the option for motorized separate gates. Automatic garage openers with wall pads and remote operation are also included.
The property sits on a landscaped lot of approximately 0.17 acres (about 3,440 square feet total) and is described as being near NRG Stadium and the medical center, with an estimated 15-minute commute to downtown.
Additional exterior details include a well-maintained, fully landscaped front and back yard with a full sprinkler system.
The property sits on a landscaped lot of approximately 0.17 acres (about 3,440 square feet total) and is described as being near NRG Stadium and the medical center, with an estimated 15-minute commute to downtown.
Additional exterior details include a well-maintained, fully landscaped front and back yard with a full sprinkler system.
Key Highlights
- 3BR, 2.5‑bath townhouse‑styled duplex; Year built 2021
- Gourmet kitchen with stainless steel appliances and custom soft‑closing cabinets
- Primary bath includes double vanity area
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $68.1k | $19.80 |
| − Vacancy | −$3.7k | −$1.09 |
| EGI | $64.4k | $18.71 |
| − OpEx | −$19.3k | −$5.61 |
| NOI | $45.1k | $13.10 |
3,440 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two 3BR, 2.5-bath units with 12x12 patios, fenced yard elements, and fully landscaped grounds.
Where is this duplex located?
The property is located at 5140 Mallow Street 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: 3BR, 2.5‑bath townhouse‑styled duplex; Year built 2021; Gourmet kitchen with stainless steel appliances and custom soft‑closing cabinets; Primary bath includes double vanity area
