Residential Income
For Sale
$490,000
521 Ferguson Street 4, Humble, TX 77338
The property includes electric service and dates to 1981.
Property Size4,144 SF
Price / SF$118.24
Days on Market10
Property Features for 521 Ferguson Street 4
General Information
Standard status
Active
Size
4,144 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$7,625
Amenities
Electric
Building Details
Building Size
4,144 SF
Year Built
1981
Stories
2
Listing Agency:
Luxury Home Advisors
Listed By:
Michael Joseph
(832) 265-7791
Source:
Evrealestate
Added: Sep 28
Changed: Oct 6
Last Checked: Oct 5 at 5:07PM
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 Luxury Home Advisors
Investment Insights
Based on property information with market context.
This residential income property at 521 Ferguson Street 4 in Humble was built in 1981. Electric is listed among its interior features.
The property is in Harris County. The provided directions reference Veterans Memorial, DeWalt, DePriest, and Randolph/Ferguson streets.
The property is in Harris County. The provided directions reference Veterans Memorial, DeWalt, DePriest, and Randolph/Ferguson streets.
Key Highlights
- Built in 1981
- Electric listed as an interior feature
- Located at 521 Ferguson Street 4 in Humble
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,475
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,500
$549.5K
Cap Rate 7%
$392,500
$392.5K
Cap Rate 9%
$305,278
$305.3K
Market Conditions
NOI Build-Up for 4,144 SF
Gross rent
$55.2K $13.32/SF
− Vacancy
−$5.2K −$1.27/SF
EGI
$50.0K $12.05/SF
− OpEx
−$22.5K −$5.42/SF
NOI
$27.5K $6.63/SF
Area
Harris County, TX
Vacancy
9.50%
Lease Rate
$13.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$549,500
Cap Rate 7%
$392,500
Cap Rate 9%
$305,278
Alternative Uses
Best Use
Apartment 5plus
$392.5K
$343.4K – $457.9K
NOI $27,475 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$990.1K – $1.32M
NOI $79,207 @ 7.0% cap · market cap 16.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
Explore this area
Business Placement
Demographics for 77338, TX
45,031
Population
17,667
Households
2.5
Avg Household Size
33
Median Age
20%
College-Educated
87%
High-School Grad
26.0 sq mi
ZIP Area
1,732
Density / Sq Mi
$68,808
Median Household Income
$38,528
Median Earnings
$1,354
Median Rent
$222,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The property includes electric service and dates to 1981.
Where is this residential income property located?
The property is located at 521 Ferguson Street 4 Humble, TX.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Built in 1981; Electric listed as an interior feature; Located at 521 Ferguson Street 4 in Humble
