Four-Unit Two-Story
For Sale
$490,000
521 Ferguson Street # 4, Humble, TX 77338
Residential income property with practical layouts, private utility rooms, and covered entries for every residence.
Property Size4,144 SF
Days on Market76
Property Features for 521 Ferguson Street # 4
General Information
Standard status
Active
Size
4,144 SF
Property subtype
Multi Family,Quadruplex
Units
Unit Mix
4 x 2BR/1.5BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$7,625
Building Details
Building Size
4,144 SF
Year Built
1981
Buildings
1
Listing Agency:
Luxury Home Advisors
Listed By:
Michael Joseph
(832) 265-7791
Source:
Nancyalmodovar
Added: Aug 6
Changed: Oct 14
Last Checked: Oct 19 at 4:23PM
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
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Investment Insights
Based on property information with market context.
Built in 1981, this four-unit residential income property in the Matthews Subdivision of Humble offers a consistent two-level layout across all residences. Each unit contains 2 bedrooms and 1.5 bathrooms, with the bedrooms and full bathroom positioned upstairs. Main-level interiors include a living room, dining area, kitchen, and interior utility room, while covered front entrances serve each home.
The property is located at 521 Ferguson St 4 in Humble, TX 77338. WalkScore is 85, rated Very Walkable, and BikeScore is 47, rated Somewhat Bikeable. The uniform unit configuration and repeated interior arrangement provide a clearly defined multifamily asset profile.
The property is located at 521 Ferguson St 4 in Humble, TX 77338. WalkScore is 85, rated Very Walkable, and BikeScore is 47, rated Somewhat Bikeable. The uniform unit configuration and repeated interior arrangement provide a clearly defined multifamily asset profile.
Key Highlights
- Four‑unit property with 2 bedrooms and 1.5 bathrooms in each residence
- Built in 1981
- Two‑level floor plans place both bedrooms and the full bathroom upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,666
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,320
$633.3K
Cap Rate 7%
$452,371
$452.4K
Cap Rate 9%
$351,844
$351.8K
Market Conditions
NOI Build-Up for 4,144 SF
Gross rent
$49.7K $12.00/SF
− Vacancy
−$4.5K −$1.08/SF
EGI
$45.2K $10.92/SF
− OpEx
−$13.6K −$3.27/SF
NOI
$31.7K $7.64/SF
Area
Harris County, TX
Vacancy
9.03%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,320
Cap Rate 7%
$452,371
Cap Rate 9%
$351,844
Alternative Uses
Best Use
Multifamily LT 5
$452.4K
$395.8K – $527.8K
NOI $31,666 @ 7.0% cap · market cap 6.46%
Second Best
Apartment 5plus
$392.5K
$343.4K – $457.9K
NOI $27,475 @ 7.0% cap · market cap 5.61%
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.
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Lease Details
4
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with practical layouts, private utility rooms, and covered entries for every residence.
Where is this quadplex 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: Four‑unit property with 2 bedrooms and 1.5 bathrooms in each residence; Built in 1981; Two‑level floor plans place both bedrooms and the full bathroom upstairs
