For sale

$149,000

5117 Rapido Rd, Houston, TX 77033

3beds

1,053sqft

Est.:

Single Family Residence

Built in 1950

5,536.48 Square Feet Lot

$-- Zestimate^®

$142/sqft

$-- HOA

What's special

Bathroom remodelNew hvacInterior plumbingExterior improvementsElectrical upgradesWindow replacement

Stabilized 12-Home SFR Portfolio | Houston, TX | $142K NOI | 5.5% Cap | Rent Growth & Market Appreciation Potential *** OPPORTUNITY ZONE *** (Seller will not sell home individually) This property provides immediate flexibility for value creation as the tenant is on a month-to-month lease, allowing for a rent adjustment or new lease structure. Significant interior renovations were completed in 2013, including all interior plumbing, bathroom remodel, new HVAC, flooring, sheetrock, and electrical upgrades. In 2022, the kitchen was fully remodeled, further enhancing interior appeal. Condition & Value-Add: The primary opportunity lies in exterior improvements—siding and window replacement—which would align the property with interior quality and support a rent increase to $1,250 or more per month. Please review attachment will all other properties in portfolio sale.

259 days

66

3

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Electric Oven, Freestanding Oven, Electric Range, Free-Standing Range
Laundry: Electric Dryer Hookup

Features

All Bedrooms Down
Flooring: Carpet, Vinyl

Interior area

Total structure area: 1,053
Total interior livable area: 1,053 sqft

Property

Features

Stories: 1
Fencing: Back Yard

Lot

Size: 5,536.48 Square Feet
Features: Back Yard, Subdivided, 0 Up To 1/4 Acre

Details

Parcel number: 0751900130031

Construction

Type & style

Home type: SingleFamily
Architectural style: Contemporary
Property subtype: Single Family Residence

Materials

Vinyl Siding, Wood Siding
Foundation: Slab
Roof: Composition

Condition

New construction: No
Year built: 1950

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: South Park Add Sec 02

Location

Region: Houston

Financial & listing details

Price per square foot: $142/sqft
Tax assessed value: $111,779
Annual tax amount: $2,024
Date on market: 7/25/2025
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

$1,388/mo

Price history

Date	Event	Price
11/4/2025	Price change	$149,000-29%$142/sqft
Source: HAR #89415044 Report a problem
7/25/2025	Listed for sale	$210,000$199/sqft
Source: HAR #89415044 Report a problem
10/24/2018	Listing removed	$800$1/sqft
Source: LHS Realty Group #62016359 Report a problem
9/28/2018	Listed for rent	$800$1/sqft
Source: LHS Realty Group #62016359 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,376 +17.4%	$111,779 +15.6%
2024	$2,024 -13.1%	$96,725 -16.3%
2023	$2,328 +9.8%	$115,531 +20%
2022	$2,120	$96,280 +23.6%
2021	--	$77,883 -8.4%
2020	$1,776 +22.2%	$85,007 +4.1%
2019	$1,453 -0.8%	$81,628 +3.6%
2018	$1,465	$78,765 +23.1%
2017	$1,465 -9.5%	$64,000 -14.2%
2016	$1,618 +199.8%	$74,621 +255.3%
2015	$540	$21,000
2014	$540	$21,000 -67.7%
2013	--	$65,067
2012	--	$65,067
2011	--	$65,067
2010	--	$65,067
2009	--	$65,067
2008	--	$65,067 +2.7%
2007	--	$63,335 +33.7%
2006	--	$47,366 +10%
2005	--	$43,060 +15.1%
2004	--	$37,400 +80.7%
2003	--	$20,700 +7.8%
2002	--	$19,200
2001	--	$19,200 +24.7%
2000	--	$15,400