5017 Mallow Street, Houston, TX 77033

Houston
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
5017 Mallow Street,Houston, TX 77033
$720,000
  • 14 Beds
  • 7 Baths
  • 5,550 sq. ft.
  • Multi-family
  • Active
Listed by: gustavo alvarado
Office: walzel properties - katy832-674-4960
MLS#:59254079
Source:HARMLS

Price summary

  • Price:$720,000
  • Price per sq. ft.:$129.73

About this home

Great investment opportunity! This fully renovated multifamily property features 7 units across two duplexes and one triplex, with each unit offering a spacious 2-bedroom, 1-bathroom layout and modern updates throughout. Recent exterior improvements include a new roof, new gutters, and more. A survey is available for review. Currently, 6 of the 7 units are occupied, providing immediate rental income with additional upside potential. At full occupancy, the property has the potential to meet the 1% rule based on current rental rates, with significant room for rental growth, as current rents are below comparable properties in the area. Located in a rapidly developing neighborhood with ongoing new construction, this property offers excellent long-term investment potential. The adjacent lot is also available for purchase, creating additional opportunities for future development or expansion.

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Home facts

  • Year built:1965
  • Subdivision & Development:Sunnyside Gardens
  • Listing ID #:59254079
  • Updated:October 21, 2026 at 12:06 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:7
  • Full bathrooms:7
  • Living area:5,550 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1965
  • Building area:5,550 sq. ft.
  • Levels:1 Story

Schools

  • High school:WORTHING HIGH SCHOOL
  • Middle school:THOMAS MIDDLE SCHOOL
  • Elementary school:WOODSON ELEMENTARY SCHOOL

Utilities

  • Water:Water Available

Finances and disclosures

  • Price:$720,000
  • Price per sq. ft.:$129.73
  • Tax amount:$11,275 (2023)
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