Exceptional cash-flow opportunity at 5838 Reed Rd, Houston, TX! This 8-bedroom, 3-bathroom property is already operating as a successful room-rental investment, with the current tenant utilizing the home as a PadSplit-style rental by leasing individual bedrooms. The property is tenant occupied with a lease in place through April 2029, providing long-term rental stability. The lease also includes a scheduled rent increase in 2028, offering built-in income growth for the next owner. Whether you're looking to expand your investment portfolio or secure a property with immediate cash flow, this is an excellent opportunity to maximize returns. Conveniently located with easy access to major highways, Downtown Houston, the Texas Medical Center, and the University of Houston, this property is well-positioned to attract consistent tenant demand. Please do not disturb the tenant. Showings are by appointment only with an accepted offer or as arranged with the listing agent.
For sale
$220,000
5838 Reed Rd, Houston, TX 77033
8beds
1,700sqft
Single Family Residence
Built in 1956
8,158 Square Feet Lot
$214,500 Zestimate®
$129/sqft
$-- HOA
What's special
- 1 day
- 39
- 8
Likely to sell faster than
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: $129/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
$214,500
$204,000 - $225,000
$1,850/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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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