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$750,000

5017 Mallow St, Houston, TX, 77033

On MarketInfo
CommercialInfo
Beds14 Beds
Baths7 Bath
Baths5,550 Sq Ft
Multi FamilyMulti Family
price_per_sqft$135.14 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms 14Bedrooms 14
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 5Bathrooms Half 5
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12,602 sqft

Building Information

Year Built1965

Land Information

APN0751990180040
Lot Number40
SubdivisionSunnyside Gardens
Land UseResidential
Legal DescriptionLT 40 BLK 18 SUNNYSIDE GARDENS
Census Tract331900
Assessed Land Value$103,000
Assessed Improvement Value$429,056
Assessment Year2025

About this property

Great investment opportunity! This fully renovated multifamily property includes 7 total units, two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bath layout and modern updates throughout. The exterior has been upgraded with a new roof, new gutters, and more, and a survey is available for review. Located in a rapidly growing neighborhood with lots of new development, this property offers strong potential for investors. Based on current market rents, the property has the potential to meet the 1% rule when fully occupied, indicating excellent cash flow potential. Additionally, the lot next to the property is for sale, offering even more opportunity for future expansion. For more information or any questions, please contact me.

Investor Tools

$0Estimated Mortgage Balance
$768,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,608 /month
Positive
Cash Flow Estimate:
$1,536 /month

Interested in this property?

Gustavo Alvarado

Walzel Properties - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,279/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,512
$532,056
2025
$103,000
$429,056
$532,056
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,512
$532,056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$616,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
N/A
+$2,226/mo
3.5%

City: Houston

5017 Mallow St | Property Details | No Agent List