$6,650 Closing Credit¹
#3626188, Charlottia Ellison, Listing Office: REALM Real Estate Professionals - Galleria
#1863700·
Listing office: Joseph Walter Realty, LLC·
Listing agent: Edward McClintick·
Listing office phone: (888) 227-1009
$749,900 List price
5038 Mallow St Houston, TX 77033
$8,905
Closing credit¹
5,296 sqft
0.3 acres
$142 / sqft
Multi-Family
Property details
About 5038 Mallow St
Investor special! This fourplex located in the heart of Houston Medical Center South is the perfect addition to your rental portfolio if you're looking for a TURNKEY, rent-ready investment. Boasting a total of 12 bedrooms and 8 bathrooms, this property offers a potential rental income of $1900/month per unit, totaling $7600/month in cashflow! 2 units are vacant, C is furnished and A is unfurnished, and the other 2 units B & D are already tenant occupied. Amazing returns, turnkey condition, and a prime location filled with new developments - this one WON'T last for long.
Highlights
Home typeMulti Family
HeatingCentral, Electric
StatusActive
(New)
(New)
CoolingCentral Air
Size5,296 sqft
Lot size0.28 Acres
Year built2007
ParkingAttached, Attached, Attached, Attached
MLS #1863700
Summary
- Flooring Type: Saltillo Tile
- Parking: Attached, Attached, Attached, Attached
- Exterior: Not Applicable/None
- Heating: Central, Electric
- Cooling: Central Air
- List Price: $749,900
- Price/SqFt: $141
- Annual Tax Amount: $9,088
- Tax Year: 2024
- Directions: From I-610 S, take the exit toward Cullen Blvd and head south. Turn left onto Mallow St. The property will be on your right, near the corner of Mallow St and Higgins St.
- Year Built: 2007
- Living Area: 5,296 SqFt
- Lot Size: 0.28 Acres
- MLS Number: 1863700
- Office Name: Joseph Walter Realty, LLC
- Office Phone: (888) 227-1009
- Office Email: broker@josephwalterrealty.com
- Listing Agent: Edward McClintick
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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Properties subject to prior sale, change, withdrawal or rental. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals.
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Last updated on: 5/11/2025, 3:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,900
5038 Mallow St
$8,905
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $633,946 | $9,088 |
| 2023 | $631,615 | $8,418 |
| 2022 | $536,259 | $11,807 |
| 2021 | $465,127 | $8,418 |
| 2020 | $350,863 | $7,734 |
| 2018 | $232,628 | $5,886 |
History based on county public records data.
Nearby schools
8
Bastian Elementary School
Public District EE-5
0.6 mi
•5051 Bellfort St
4
Mading Elementary STEM Academy
Public District EE-5
1.2 mi
•8511 Crestmont St
4
Alcott Elementary School
Public District EE-5
1.2 mi
•5859 Bellfort St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $34,268. The majority of Houston, TX residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
52%
<35k
44%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
27%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
12%
12-17 yrs old
19%
18-34 yrs old
36%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Horse Races
Where do the neighbors shop?
Big Lots
Family Dollar
Stein Mart
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Buick
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 5038 Mallow St in Houston, TX and zip code 77033 in the Southeast Houston neighborhood. This 5,296 square foot home, which was built in 2007, sits on a 0.28 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $749,900.
Over 329 listings were sold over their listed price in April 2025 in Houston, TX. In the same period over 1260 listings were sold below the listed price and 484 listings were sold for the listed price. Between March and April 2025, Houston, TX real estate market has seen increase in the number of listings by 24%. The median list price of listings available in April 2025 was $320,199, while the average time on the real estate market was 42 days.
From Rocket Homes Real Estate and based on county public records data.