$210,000

5117 Rapido Road, Houston, TX 77033

  • 3 beds |
  • 1 bath |
  • 1,053 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon5,536sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $199/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

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 provides immediate flexibility for value creation as the tenant is on a month-to-month lease, allowing for a rent adjustment or new lease structure. Significant interior renovations were completed in 2013, including all interior plumbing, bathroom remodel, new HVAC, flooring, sheetrock, and electrical upgrades. In 2022, the kitchen was fully remodeled, further enhancing interior appeal. Condition & Value-Add: The primary opportunity lies in exterior improvements—siding and window replacement—which would align the property with interior quality and support a rent increase to $1,250 or more per month. Please review attachment will all other properties in portfolio sale.

Listing Status:
Active
Date Added:
July 25, 2025 at 05:00AM
Listing Office:
LHS Realty Group : 281-773-3084
Listing Agent:
Jerome Love : 1+281-773-3084
MLS ID:
89415044
  • General: All Bedrooms Down
  • Appliances: Electric OvenFreestanding OvenElectric RangeFree-Standing Range
  • Laundry: Electric Dryer Hookup
  • Flooring: CarpetVinyl Plank
  • A/C: Ceiling Fan(s)Electric
  • Heating: Electric

This listing courtesy of Jerome Love, LHS Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

K

Kelso Elementary School

5800 Southmund St, Houston, TX, 77033

Grades EE-5

0.49 miles away

A

Attucks Middle School

4330 Bellfort St, Houston, TX, 77051

Grades 6-8

1.58 miles away

W

Worthing High School

9215 Scott St, Houston, TX, 77051

Grades 9-12

2.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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