Cash-Flow Investment Opportunity at 5838 Reed Rd, Houston, TX! This 8-bedroom, 3-bathroom property is currently tenant-occupied and operating as a PadSplit-style room-rental investment. The existing lease runs through April 2029, with a scheduled rent increase in 2028, providing long-term stability and built-in income growth. Currently generating $2,200/month, this property offers immediate rental income and strong potential for investors looking to expand their portfolio. Conveniently located near major highways, Downtown Houston, the Texas Medical Center, and the University of Houston.
For sale
Price cut: $5K (10/8)
$215,000
5838 Reed Rd, Houston, TX 77033
8beds
1,700sqft
Single Family Residence
Built in 1956
8,158 Square Feet Lot
$211,800 Zestimate®
$126/sqft
$-- HOA
What's special
- 49 days
- 330
- 28
Zillow last checked:
Listing updated:
Listed by:
Brook Wilson TREC #0705205 346-714-8666,
FYI Realty - Katy
Source: HAR,MLS#: 96039594
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
- Area: 143
- Dimensions: 13x11
Bedroom
- Level: First
- Area: 100
- Dimensions: 10x10
Bedroom
- Level: First
- Area: 100
- Dimensions: 10x10
Bedroom
- Level: First
- Area: 100
- Dimensions: 10x10
Bedroom
- Level: First
- Area: 100
- Dimensions: 10x10
Bedroom
- Level: First
- Area: 100
- Dimensions: 10x10
Bedroom
- Level: First
- Area: 100
- Dimensions: 10x10
Bedroom
- Level: First
- Area: 100
- Dimensions: 10x10
Heating
- Electric, Natural Gas
Cooling
- Electric, Gas
Interior area
- Total structure area: 1,700
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Stories: 1
Lot
- Size: 8,158 Square Feet
- Features: Subdivided, 0 Up To 1/4 Acre
Details
- Parcel number: 0870610000009
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Unknown
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Subdivision: Edgewood Terrace Sec 02
Location
- Region: Houston
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $163,105
- Annual tax amount: $3,283
- Date on market: 9/4/2026
- Listing terms: Cash,Conventional,FHA,Investor
Estimated market value
$211,800
$201,000 - $222,000
$2,140/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Price change | $215,000-2.3%$126/sqft |
Source:  HAR #96039594 Report a problem | ||
| 7/13/2026 | Listed for sale | $220,000+158.8%$129/sqft |
Source: HAR #93326556 Report a problem | ||
| 5/9/2023 | Listing removed | -- |
Source:  HAR #5200836 Report a problem | ||
| 5/4/2023 | Listed for rent | $1,899+2.6%$1/sqft |
Source: HAR #5200836 Report a problem | ||
| 4/10/2023 | Listing removed | -- |
Source: HAR #5200836 Report a problem | ||
| 2/25/2023 | Price change | $1,850-2.6%$1/sqft |
Source: HAR #91153099 Report a problem | ||
| 2/14/2023 | Listed for rent | $1,899$1/sqft |
Source: HAR #91153099 Report a problem | ||
| 11/4/2017 | Listing removed | $85,000$50/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 10/20/2017 | Pending sale | $85,000$50/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 10/15/2017 | Listed for sale | $85,000$50/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 9/11/2017 | Pending sale | $85,000$50/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 9/1/2017 | Listed for sale | $85,000$50/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 8/19/2017 | Pending sale | $85,000$50/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 8/14/2017 | Price change | $85,000-12.4%$50/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 7/22/2017 | Price change | $97,000-3.4%$57/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 7/12/2017 | Listed for sale | $100,400+37.5%$59/sqft |
Source: RE/MAX Preferred Homes #52739920 Report a problem | ||
| 5/13/2011 | Listing removed | $73,000$43/sqft |
Source: A'Lon Realty Co. #57224379 Report a problem | ||
| 2/22/2011 | Listed for sale | $73,000$43/sqft |
Source: A'Lon Realty Co. #57224379 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,283 -0.2% | $163,105 +3.7% |
| 2024 | $3,291 +15.1% | $157,266 -0.1% |
| 2023 | $2,858 -9% | $157,358 +10.3% |
| 2022 | $3,141 | $142,667 +31.6% |
| 2021 | -- | $108,385 +18.7% |
| 2020 | $1,920 -0.9% | $91,321 +9.9% |
| 2019 | $1,937 +9419.8% | $83,065 +6.7% |
| 2018 | $20 | $77,839 +8.7% |
| 2017 | $20 | $71,639 +11.6% |
| 2016 | $20 -85.5% | $64,198 +6.5% |
| 2015 | $140 | $60,289 +14.6% |
| 2014 | $140 | $52,631 |
| 2013 | -- | $52,631 |
| 2012 | -- | $52,631 -24.8% |
| 2011 | -- | $70,000 |
| 2010 | -- | $70,000 |
| 2009 | -- | $70,000 |
| 2008 | -- | $70,000 |
| 2007 | -- | $70,000 +2.7% |
| 2006 | -- | $68,135 +6% |
| 2005 | -- | $64,300 +3.9% |
| 2004 | -- | $61,900 +9.9% |
| 2003 | -- | $56,300 +10% |
| 2002 | -- | $51,200 +9.9% |
| 2001 | -- | $46,600 +19.8% |
| 2000 | -- | $38,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Park
Nearby schools
Schools provided by the listing agent
- Elementary: Mading Elementary School
- Middle: Thomas Middle School
- High: Sterling High School (Houston)
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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