Newly Built Modern
For Sale
$987,800
C-f-5058 Mallow St, Houston, TX 77051
Four-unit configuration with two duplex homes, contemporary interiors, private balconies, and off-street parking.
Property Size5,534 SF
Price / SF$178.50
Days on Market20
Property Features for C-f-5058 Mallow St
General Information
Standard status
Active
Size
5,534 SF
Property subtype
Residential Income
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
automatic sliding gate
fully fenced perimeter
private balcony
off-street parking
Listing Agency:
Brooks & Davis Real Estate
(713) 665-8329
Listed By:
Andre Beraud · License #0667248
(832) 524-4526
Source:
Exprealty
Added: Sep 2
Changed: Sep 13
Last Checked: Sep 21 at 8:46AM
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.
This newly constructed quadplex comprises two duplex homes with contemporary architectural finishes and a fully fenced perimeter secured by an automatic sliding gate. Interior features include open-concept living areas, soaring ceilings, wood-look flooring, white walls, and floating staircases with steel railings. Kitchens are equipped with modern cabinetry, quartz countertops, stone tile backsplashes, stainless steel appliances, and breakfast bars. Each residence is described with three bedrooms, including a primary suite with a private balcony and ensuite bath, along with two and a half baths and off-street parking.
The property is located on Mallow St in Houston, near the Texas Medical Center, Downtown, and major transit corridors including I-610.
The property is located on Mallow St in Houston, near the Texas Medical Center, Downtown, and major transit corridors including I-610.
Key Highlights
- Newly constructed quadplex consisting of 2 duplex homes
- 5,534 property size
- Automatic sliding gate and fully fenced perimeter
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,483
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,449,660
$1.4M
Cap Rate 7%
$1,035,471
$1.0M
Cap Rate 9%
$805,367
$805.4K
Market Conditions
NOI Build-Up for 5,534 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$109.6K $19.80/SF
− Vacancy
−$6.0K −$1.09/SF
EGI
$103.5K $18.71/SF
− OpEx
−$31.1K −$5.61/SF
NOI
$72.5K $13.10/SF
Area
Houston, TX
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,449,660
Cap Rate 7%
$1,035,471
Cap Rate 9%
$805,367
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$906.0K – $1.21M
NOI $72,483 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$895.7K
$783.7K – $1.04M
NOI $62,696 @ 7.0% cap · market cap 6.35%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,612 @ 7.0% cap · market cap 10.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
343
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit configuration with two duplex homes, contemporary interiors, private balconies, and off-street parking.
Where is this quadplex located?
The property is located at C-f-5058 Mallow St Houston, TX.
What is the asking price?
The asking price for this property is $987,800.
What are key features of this property?
This property features: Newly constructed quadplex consisting of 2 duplex homes; 5,534 property size; Automatic sliding gate and fully fenced perimeter
