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For sale
    • $157,000

    5209 Tarawa Rd, Houston, TX 77033

    3beds
    1,080sqft
    : 
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    Single Family Residence
    Built in 1956
    6,560 Square Feet Lot
    $-- Zestimate®
    $145/sqft
    $-- HOA

    What's special

    Modern systemsNew framingLong-term durabilityWindow-unit hvac
    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.
    358 days
    |
    23
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jerome Love TREC #0466659 281-773-3084,

    LHS Realty Group

    Source: HAR,MLS#: 83952275MLS Logo

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      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 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: $145/sqft
      • Tax assessed value: $127,549
      • Annual tax amount: $2,313
      • Date on market: 7/25/2025

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,484/mo

        Price history

        DateEventPrice
        11/4/2025Price change$157,000-25.2%$145/sqft
        Source: HAR #83952275 Report a problem
        7/25/2025Listed for sale$210,000$194/sqft
        Source: HAR #83952275 Report a problem
        1/2/2019Listing removed$895$1/sqft
        Source: LHS Realty Group #11536192 Report a problem
        12/3/2018Price change$895+5.3%$1/sqft
        Source: LHS Realty Group #11536192 Report a problem
        11/8/2018Price change$850-5%$1/sqft
        Source: LHS Realty Group #45892739 Report a problem
        10/9/2018Listed for rent$895-0.6%$1/sqft
        Source: LHS Realty Group #51719663 Report a problem
        7/2/2017Listing removed$900$1/sqft
        Source: LHS Realty Group #82812079 Report a problem
        6/23/2017Price change$900-5.3%$1/sqft
        Source: LHS Realty Group #82812079 Report a problem
        6/13/2017Listed for rent$950$1/sqft
        Source: LHS Realty Group #82812079 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,711 +17.2%$127,549 +15.4%
        2024$2,313 -13%$110,537 -16.2%
        2023$2,657 +7.5%$131,882 +17.5%
        2022$2,472 $112,254 +32.2%
        2021-- $84,898 +7%
        2020$1,696 +6.1%$79,368 +7.9%
        2019$1,598 +10.2%$73,545 +33.7%
        2018$1,450 $55,000 -4.2%
        2017$1,450 -0.1%$57,396
        2016$1,451 +6.5%$57,396 +8.3%
        2015$1,362 $52,989
        2014$1,362 $52,989
        2013-- $52,989
        2012-- $52,989
        2011-- $52,989
        2010-- $52,989
        2009-- $52,989
        2008-- $52,989 +2.6%
        2007-- $51,662 +66.8%
        2006-- $30,976 +10%
        2005-- $28,160
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: South Park

        Getting around

        61 / 100
        Somewhat Walkable
        38 / 100
        Some Transit
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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