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 Market63
Property Features for 5718 Beall Street A/C/D
General Information
Standard status
Active
Size
5,442 SF
Property subtype
Multi-Family
Building Details
Year Built
2024
Listing Agency:
Brooks & Davis Real Estate
Listed By:
Andre Beraud · License #0667248
(281) 673-6106
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
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
Property Analytics
Current Use
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
Questions? Ask Rey
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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
