5117 Rapido Road, Houston, TX 77033

Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
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5117 Rapido Road,Houston, TX 77033
$210,000
  • 3 Beds
  • 1 Baths
  • 1,053 sq. ft.
  • Single family
  • Active
Listed by:jerome love
Office:lhs realty group
MLS#:89415044
Source:HARMLS

Price summary

  • Price:$210,000
  • Price per sq. ft.:$199.43

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 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.

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Home facts

  • Year built:1950
  • Listing Id #:89415044
  • Updated:August 18, 2025 at 11:38 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,053 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Central, Electric

Structure and exterior

  • Roof:Composition
  • Year built:1950
  • Building area:1,053 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:WORTHING HIGH SCHOOL
  • Middle school:ATTUCKS MIDDLE SCHOOL
  • Elementary school:KELSO ELEMENTARY SCHOOL

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$210,000
  • Price per sq. ft.:$199.43
  • Tax amount:$2,024 (2024)
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