5209 Tarawa Road, Houston, TX 77033

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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 group
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
  • Listing ID #:83952275
  • Updated:November 16, 2025 at 12:41 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,080 sq. ft.

Heating and cooling

  • Cooling:Central Air, Gas

Structure and exterior

  • Roof:Composition
  • Year built:1956
  • Building area:1,080 sq. ft.
  • Lot area:0.15 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:$157,000
  • Price per sq. ft.:$145.37
  • Tax amount:$2,313 (2024)
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