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For sale
  • $200,000

    5223 Myrtlewood St, Houston, TX 77033

    3beds
    875sqft
    : 
    Single Family Residence
    Built in 1955
    6,159.38 Square Feet Lot
    $188,100 Zestimate®
    $229/sqft
    $-- HOA

    What's special

    Window-unit hvacOptional hvac installationUnderground plumbing replacementExterior paintRoof 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 offers stable income with a long-term tenant in place for five years, secured through October 2025. Significant structural and exterior upgrades have been completed, including new siding, windows, and exterior paint (2020), underground plumbing replacement (November 2024), and a roof replacement in 2019—substantially reducing near-term capital expenditure risk. Condition & Value-Add: The property currently operates with window-unit HVAC (no central air), and the kitchen remains dated, creating opportunities for investors to enhance rental income through modernization and optional HVAC installation. With core systems updated, these improvements are largely discretionary and positioned to drive rent growth and overall asset value. Ideal for institutional investors.
    17 days
    on Zillow
    |
    36
    |
    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#: 60370590MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5223 Myrtlewood St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Electric Oven, Free-Standing Range
    • Laundry: Electric Dryer Hookup
    Features
    • All Bedrooms Down
    • Flooring: Carpet, Vinyl
    Interior area
    • Total structure area: 875
    • Total interior livable area: 875 sqft

    Property

    Features
    • Stories: 1
    • Fencing: Back Yard
    Lot
    • Size: 6,159.38 Square Feet
    • Features: Back Yard, Subdivided, 0 Up To 1/4 Acre
    Details
    • Parcel number: 0811490000021

    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: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Inwood Terrace Sec 02
    Location
    • Region: Houston

    Financial & listing details

    • Price per square foot: $229/sqft
    • Tax assessed value: $99,333
    • Annual tax amount: $2,078
    • Date on market: 7/25/2025
    • Road surface type: Asphalt
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