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
$149,000
5117 Rapido Rd, Houston, TX 77033
3beds
1,053sqft
Single Family Residence
Built in 1950
5,536 Square Feet Lot
$-- Zestimate®
$142/sqft
$-- HOA
What's special
Bathroom remodelNew hvacInterior plumbingExterior improvementsElectrical upgradesWindow replacement
- 359 days |
- 41 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Jerome Love TREC #0466659 281-773-3084,
LHS Realty Group
Source: HAR,MLS#: 89415044
Loading...
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 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
$1,566/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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: South Park
Nearby schools
GreatSchools rating
- 6/10Kelso Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Attucks Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Worthing High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Kelso Elementary School
- Middle: Attucks Middle School
- High: Worthing High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $242,5003 bd2 ba1.4k sqft5113 Rapido Rd, Houston, TX 77033Off Market
- $151,1003 bd1 ba1.5k sqft5121 Rapido Rd, Houston, TX 77033Off Market
- $118,0003 bd1 ba1k sqft5109 Rapido Rd, Houston, TX 77033Off Market
- $123,1003 bd1 ba1k sqft5125 Rapido Rd, Houston, TX 77033Off Market
- $210,5003 bd2 ba1.3k sqft5126 Chennault Rd, Houston, TX 77033Off Market
- $130,4003 bd1 ba1.2k sqft5122 Chennault Rd, Houston, TX 77033Off Market
- $149,8003 bd2 ba1.1k sqft5130 Chennault Rd, Houston, TX 77033Off Market
- $130,1003 bd1 ba1k sqft5110 Rapido Rd, Houston, TX 77033Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $129,9003 bd1 ba1k sqft5318 Doulton Dr, Houston, TX 77033For Sale
MLS ID #68602028, Joseph Cavanaugh, CB&A, Realtors. HAR - $157,0003 bd1 ba1k sqft5209 Tarawa Rd, Houston, TX 77033For Sale
MLS ID #83952275, Jerome Love, LHS Realty Group. HAR - $165,0004 bd2 ba1.2k sqft5818 Westover St, Houston, TX 77033For Sale
MLS ID #85413695, Brook Wilson, FYI Realty - Katy. HAR - $165,0003 bd1 ba981 sqft7210 Kassarine Pass, Houston, TX 77033For Sale
MLS ID #36430712, Jerome Love, LHS Realty Group. HAR - $159,0003 bd1 ba1k sqft5225 Anzio Rd, Houston, TX 77033For SaleMLS ID #80363163, Jerome Love, LHS Realty Group. HAR
- $159,0003 bd1 ba1k sqft4913 Chennault Rd, Houston, TX 77033For SaleMLS ID #36231859, Jerome Love, LHS Realty Group. HAR
- $155,0004 bd1 ba930 sqft7338 Guadalcanal Rd, Houston, TX 77033For SaleMLS ID #50517277, Jerome Love, LHS Realty Group. HAR
- $160,0003 bd2 ba1.2k sqft5237 Carmen St, Houston, TX 77033For SaleMLS ID #23328096, Joe Haas, Simien Properties. HAR
- $165,0003 bd1 ba1.2k sqft4910 Southwind St, Houston, TX 77033For SaleMLS ID #96951063, Jerome Love, LHS Realty Group. HAR
- $155,0003 bd1 ba1.4k sqft5835 Southseas St, Houston, TX 77033For SaleMLS ID #90552444, Charlie Kriegel, Winhill Advisors - Kirby. HAR
- $120,0003 bd2 ba1.1k sqft5535 Flamingo Dr, Houston, TX 77033For SaleMLS ID #52459464, Linda Blue, BLUEPRINT REALTY TX. HAR
- $185,0003 bd2 ba780 sqft5210 Dieppe St, Houston, TX 77033For SaleMLS ID #15547862, Jerome Love, LHS Realty Group. HAR
- $135,0004 bd1 ba946 sqft6107 Beldart St, Houston, TX 77033For SaleMLS ID #84301324, Mario Navarro, Prime Realty Group. HAR
- $150,0003 bd2 ba1k sqft13234 Adler Dr, Houston, TX 77047For SaleMLS ID #7789401, Carolina Martinez, RA Brokers. HAR
- $165,0004 bd1 ba1.2k sqft4833 Alvin St, Houston, TX 77033For SaleMLS ID #29072468, Jerome Love, LHS Realty Group. HAR
- $169,5003 bd1 ba1.5k sqft5659 Westover St, Houston, TX 77033For SaleMLS ID #63384501, Betty Tribble, HomeSmart. HAR
- $169,9003 bd1 ba1.2k sqft5703 Belneath St, Houston, TX 77033For SaleMLS ID #38245430, Darius McNeil, Darius Keith McNeil. HAR
- $149,9003 bd1 ba855 sqft3109 Anita St, Houston, TX 77004For SaleMLS ID #86785029, Kristina Seago, Bayou City Living. HAR
- $169,5003 bd2 ba1.4k sqft5501 Milart St, Houston, TX 77021For SaleMLS ID #51594727, Eric Garcia, Carlos Garcia Realty, Inc.. HAR
- $--4 bd2 ba1.1k sqft3325 Tangerine St, Houston, TX 77051AuctionServiceLink Auction
