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 home offers exceptional tenant stability, with the current resident occupying the property for eight years. The lease is currently month-to-month, creating immediate flexibility for rent adjustment or repositioning to market rates. Following a fire in 2016, the property underwent a complete rebuild, including new framing, plumbing, electrical, kitchen, flooring, and interior finishes, ensuring modern systems and long-term durability.
Condition & Value-Add:
The property operates with window-unit HVAC (no central air), representing a straightforward improvement opportunity. Given the below-market rent and upgraded condition, this property is ideally positioned for rent growth and enhanced value through HVAC installation and lease restructuring.
For sale
$210,000
5209 Tarawa Rd, Houston, TX 77033
3beds
1,080sqft
Est.:
Single Family Residence
Built in 1956
6,560.14 Square Feet Lot
$-- Zestimate®
$194/sqft
$-- HOA
What's special
Modern systemsNew framingLong-term durabilityWindow-unit hvac
- 15 days
- on Zillow |
- 30 |
- 2 |
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#: 83952275

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
- None
Cooling
- Gas
Appliances
- Included: Electric Oven, Freestanding Oven, Free-Standing Range
- Laundry: Electric Dryer Hookup
Features
- All Bedrooms Down
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 1,080
- Total interior livable area: 1,080 sqft
Property
Features
- Stories: 1
- Fencing: Back Yard
Lot
- Size: 6,560.14 Square Feet
- Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
Details
- Parcel number: 0751900160026
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: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: South Park Sec 02
Location
- Region: Houston
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $110,537
- Annual tax amount: $2,313
- Date on market: 7/25/2025
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