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.
For sale
$210,000
5117 Rapido Rd, Houston, TX 77033
3beds
1,053sqft
Est.:
Single Family Residence
Built in 1950
5,536.48 Square Feet Lot
$205,900 Zestimate®
$199/sqft
$-- HOA
What's special
Bathroom remodelNew hvacInterior plumbingExterior improvementsElectrical upgradesWindow replacement
- 15 days
- on Zillow |
- 38 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 02:08am
Listed by:
Jerome Love TREC #0466659 281-773-3084,
LHS Realty Group
Source: HAR,MLS#: 89415044

Travel times
Tour with a buyer's agent
Tour with a buyer's 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: $199/sqft
- Tax assessed value: $96,725
- Annual tax amount: $2,024
- Date on market: 7/25/2025
- Road surface type: Asphalt
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