5209 Tarawa Road, Houston, TX 77033
Local realty services provided by:CENTURY 21 Tevas
5209 Tarawa Road,Houston, TX 77033
$157,000
- 3 Beds
- 1 Baths
- 1,080 sq. ft.
- Single family
- Active
Listed by: jerome love
Office: lhs realty group281-773-3084
MLS#:83952275
Source:HARMLS
Price summary
- Price:$157,000
- Price per sq. ft.:$145.37
About this home
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.
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Home facts
- Year built:1956
- Subdivision & Development:South Park Sec 02
- Listing ID #:83952275
- Updated:September 09, 2026 at 11:45 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Flooring:Carpet, Plank, Vinyl
- Kitchen Description:Electric Oven, Free Standing Range, Granite Counters, Oven
- Living area:1,080 sq. ft.
Heating and cooling
- Cooling:Central Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1956
- Building area:1,080 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Subdivision
- Construction Materials:Vinyl Siding, Wood Siding
- Exterior Features:Fence, Private Yard
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:WORTHING HIGH SCHOOL
- Middle school:ATTUCKS MIDDLE SCHOOL
- Elementary school:KELSO ELEMENTARY SCHOOL
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$157,000
- Price per sq. ft.:$145.37
- Tax amount:$2,313 (2024)
Features and amenities
- Appliances:Electric Oven, Free Standing Range, Oven
- Amenities:Smoke Detectors
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