$750,000

Estimated payment $4,995/month

Total Views 242
14 Beds
7 Baths
5,550 Sq Ft
$135 Price per Sq Ft

Highlights

  • 25,200 Sq Ft lot
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

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.

Listing Agent

Gustavo Alvarado

Walzel Properties - Katy License #0685969 Listed on: 08/31/2025

Walzel Properties - Katy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,275

Year Built

  • Built in 1965

Lot Details

  • 0.58 Acre Lot

Interior Spaces

  • 5,550 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Full Bathrooms

Schools

  • Woodson Elementary School
  • Thomas Middle School
  • Worthing High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Sunnyside Gardens Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,275

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: 5017 Mallow Street Houston Texas
  • Property Sub Type: Detached
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1965
  • Subdivision Name: Sunnyside Gardens
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 7
  • Total Bedrooms: 14
  • Living Area: 5550.0

Exterior Features

  • Disclosures: Other, Seller Disclosure
  • Roof: Other

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: WOODSON ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: WORTHING HIGH SCHOOL
  • Middle Or Junior School: THOMAS MIDDLE SCHOOL

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11275.0

Multi Family

  • Number Of Units Total: 7

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,512 $550,200 $103,000 $447,200
2023 $11,512 $559,598 $103,000 $456,598
2022 $10,775 $489,355 $82,400 $406,955
2021 $5,874 $252,015 $48,925 $203,090
2020 $5,085 $210,000 $33,475 $176,525
2019 $5,314 $210,000 $25,750 $184,250
2018 $4,180 $165,200 $25,750 $139,450
2017 $3,458 $136,740 $25,750 $110,990
2016 $3,458 $136,740 $25,750 $110,990
2015 $3,178 $165,582 $25,750 $139,832
2014 $3,178 $123,645 $25,750 $97,895
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 For Sale $750,000 +36.4% $135 / Sq Ft
11/02/2021 11/02/21 Sold -- -- --
10/03/2021 10/03/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $550,000 -- $344 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- Transact Title
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 Commercial
Previous Owner $3,330,000 Commercial
Previous Owner $330,000 New Conventional
Previous Owner $330,000 New Conventional
Previous Owner $66,900 Small Business Administration
Previous Owner $22,000 Seller Take Back
Source: Public Records

Source: Houston Association of REALTORS®

MLS Number: 22193213

Houston Association of REALTORS®

APN: 0751990180040