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5817 Downing Street
Houston TX 77020 US

$875,000

Active Listing ID 34047683
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Single Family Residence

$875,000

Active Listing ID 34047683
Save

5817 Downing Street Prime investment opportunity in Houston’s 5th Ward. This income-producing property spans 11 total lots and features 5 duplexes (10 total units), individually metered and all currently leased, delivering immediate cash flow from day one. Positioned on a corner at the end of a dead-end street, the site offers limited through traffic while still providing access from two separate streets—an ideal setup for tenants and future development. The property backs to industrial and rail, supporting steady rental demand in a strong working corridor. Located within an Opportunity Zone, this asset presents potential tax advantages and long-term upside. In addition to the existing duplexes, there are two tear-down structures and room to build up to 4 additional duplexes (8 more units). At the current pricing, the property is operating at an 8%+ cap rate with all units leased—offering strong in-place returns with clear expansion potential in one of Houston’s rapidly growing submarkets.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Cooling System: Multi Units, Window Unit(s)
  • Exterior Finish: Cleared
  • Roof Type: Composition

School Information

  • School
  • ELIOT ELEMENTARY SCHOOL(Elementary)
  • MCREYNOLDS MIDDLE SCHOOL(MiddleSchool)
  • WHEATLEY HIGH SCHOOL(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 875000
  • unparsedaddress: 5817 Downing Street
  • postalcity: Houston
  • stateorprovince: TX
  • country: US
  • postalcode: 77020
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 29.785725
  • longitude: -95.311419
  • listagentfullname: Evan Ballew
  • listagentemail: evan@evanballewgroup.com
  • listagentkey: 3yd-HARMLSTX-eballew
  • listagentmlsid: eballew
  • listagentpreferredphone: 9362900206
  • listagentofficephone: 9365821700
  • listofficekey: 3yd-HARMLSTX-TOPG01
  • listagentstatelicense: 0659086
  • listofficemlsid: TOPG01
  • disclaimer: Copyright © 2026 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: HARMLSTX
  • yearbuilt: 1940
  • listingcontractdate: 2026-02-19
  • countyorparish: Harris
  • parcelnumber: 062-045-003-0001
  • elementaryschool: ELIOT ELEMENTARY SCHOOL
  • highschool: WHEATLEY HIGH SCHOOL
  • elementaryschooldistrict: 27 - Houston
  • middleorjuniorschooldistrict: 27 - Houston
  • highschooldistrict: 27 - Houston
  • cooling: Multi Units, Window Unit(s)
  • constructionmaterials: Wood Siding
  • numberofunitstotal: 10
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • exteriorfeatures: Cleared
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • vegetation: Cleared
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -95.31142, 29.785725
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Top Guns Realty on Lake Conroe", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"evan@evanballewgroup.com", "ListBrokerageCity":"Montgomery", "ListBrokerageCountry":"US", "ListBrokerageEmail":"krobertson@topguns.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Top Guns Realty on Lake Conroe", "ListBrokeragePhone":"936-582-1700", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TX", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"18420 Highway 105 W", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"18420 Highway 105 W", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Montgomery", "ListOfficeCountry":"US", "ListOfficeEmail":"krobertson@topguns.com", "ListOfficePostalCode":"77356", "ListOfficeStateOrProvince":"TX", "ListPriceCurrencyType":"USD", "ListingTitle":"Detached - Houston, TX", "ListingURL":"https://listings.listhub.net/pages/HARMLSTX/34047683/?channel=rexren", "MLSModificationTimestamp":"2026-02-19T13:55:45Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Detached", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":7921, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 2/20/2026 12:11:03 AM GMT
Source Updated Date: 2/21/2026 6:58:19 AM GMT

Courtesy of: Evan Ballew, Top Guns Realty on Lake Conroe, evan@evanballewgroup.com

Copyright © 2026 Houston Realtors Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.