Two-Story Duplex with Open Floor
For Sale
$440,000
Ab-4528 Mayflower St, Houston, TX 77051
The property includes a leased unit, a second residence, and no HOA association restrictions stated.
Property Size3,440 SF
Price / SF$127.91
Days on Market61
Property Features for Ab-4528 Mayflower St
General Information
Standard status
Active
Size
3,440 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Sunnyside
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$9,234
Building Details
Stories
2
Listing Agency:
Exquisite Properties, LLC
(210) 494-1695
Listed By:
Diego Howard · License #0772827
(281) 786-7772
Source:
Exprealty
Added: Sep 2
Changed: Oct 31
Last Checked: Oct 30 at 2:41PM
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 Exquisite Properties, LLC
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Investment Insights
Based on property information with market context.
This 3,440-square-foot duplex is arranged across two stories and includes an open main-level layout with abundant natural light, recessed lighting, high ceilings, and a kitchen centered around a large island and vent hood. A formal dining area extends the main living space, while the upstairs bedrooms provide separate private areas. The exterior includes a fenced backyard and covered patio.
One unit is tenant occupied under a two-year lease that began in January. The property is described as STR friendly and has no HOA. Its Houston location provides access to NRG Park, the Texas Medical Center, Loop 610, I-288, downtown Houston, and surrounding areas.
One unit is tenant occupied under a two-year lease that began in January. The property is described as STR friendly and has no HOA. Its Houston location provides access to NRG Park, the Texas Medical Center, Loop 610, I-288, downtown Houston, and surrounding areas.
Key Highlights
- 3,440‑square‑foot two‑story duplex
- One unit tenant occupied under a 2‑year lease that began in January
- Open main‑level layout with high ceilings and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,972
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,440
$779.4K
Cap Rate 7%
$556,743
$556.7K
Cap Rate 9%
$433,022
$433.0K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$75.5K $21.96/SF
− Vacancy
−$4.7K −$1.36/SF
EGI
$70.9K $20.60/SF
− OpEx
−$31.9K −$9.27/SF
NOI
$39.0K $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%
$779,440
Cap Rate 7%
$556,743
Cap Rate 9%
$433,022
Alternative Uses
Best Use
Multifamily LT 5
$643.7K
$563.2K – $750.9K
NOI $45,056 @ 7.0% cap · market cap 10.24%
Second Best
Apartment 5plus
$556.7K
$487.2K – $649.5K
NOI $38,972 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$884.6K
$774.0K – $1.03M
NOI $61,920 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 77051, TX
18,323
Population
7,453
Households
2.5
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
7.4 sq mi
ZIP Area
2,476
Density / Sq Mi
$40,030
Median Household Income
$31,914
Median Earnings
$1,332
Median Rent
$171,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes a leased unit, a second residence, and no HOA association restrictions stated.
Where is this duplex located?
The property is located at Ab-4528 Mayflower St Houston, TX.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 3,440‑square‑foot two‑story duplex; One unit tenant occupied under a 2‑year lease that began in January; Open main‑level layout with high ceilings and recessed lighting
