2024 Multifamily
For Sale
$1,048,800
5718 Beall Street A/C/D, Houston, TX 77091
Recently constructed multifamily property with granite countertops, dishwasher, electric service, and natural gas.
Property Size5,442 SF
Price / SF$192.72
Days on Market75
Property Features for 5718 Beall Street A/C/D
General Information
Standard status
Active
Size
5,442 SF
Property subtype
Multi-Family
Site & Location
Neighborhood
Acres Home
Building Details
Year Built
2024
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Poprealty
Added: Aug 12
Changed: Oct 13
Last Checked: Oct 7 at 3:16PM
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 Brooks & Davis Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2024, this multifamily property at 5718 Beall Street A/C/D includes granite countertops and a dishwasher. The property is equipped with electric service and natural gas.
Located in Houston, Harris County, the property sits on Beall Street near W Tidwell Road. Access is described from the intersection of N Shepherd Drive and W Tidwell Road, with the property positioned on the right side of Beall Street.
Located in Houston, Harris County, the property sits on Beall Street near W Tidwell Road. Access is described from the intersection of N Shepherd Drive and W Tidwell Road, with the property positioned on the right side of Beall Street.
Key Highlights
- Built in 2024
- Granite countertops and dishwasher
- Electric and natural gas service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$61,653
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,060
$1.2M
Cap Rate 7%
$880,757
$880.8K
Cap Rate 9%
$685,033
$685.0K
Market Conditions
NOI Build-Up for 5,442 SF
Gross rent
$119.5K $21.96/SF
− Vacancy
−$7.4K −$1.36/SF
EGI
$112.1K $20.60/SF
− OpEx
−$50.4K −$9.27/SF
NOI
$61.7K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,233,060
Cap Rate 7%
$880,757
Cap Rate 9%
$685,033
Alternative Uses
Best Use
Apartment 5plus
$880.8K
$770.7K – $1.03M
NOI $61,653 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,956 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
527
Businesses Nearby
Explore this area
Business Placement
Demographics for 77091, TX
28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Recently constructed multifamily property with granite countertops, dishwasher, electric service, and natural gas.
Where is this multifamily property located?
The property is located at 5718 Beall Street A/C/D Houston, TX.
What is the asking price?
The asking price for this property is $1,048,800.
What are key features of this property?
This property features: Built in 2024; Granite countertops and dishwasher; Electric and natural gas service
