5221 Malmedy Road, Houston, TX 77033

Houston
Local realty services provided by:Better Homes and Gardens Real Estate Gary Greene
5221 Malmedy Road,Houston, TX 77033
$85,000
  • 2 Beds
  • 1 Baths
  • 1,012 sq. ft.
  • Single family
  • Active
Listed by: akshaya patel
Office: teifke real estate512-870-8184
MLS#:37227991
Source:HARMLS

Price summary

  • Price:$85,000
  • Price per sq. ft.:$83.99

About this home

Investor special!!!! Property is currently a 2-bedroom, 1-bath. Property is selling at below lot value, which is at $115k. House will need considerable work to flip, but if you want to make this a rental, house was previously rented at $1k per month, with less than $5,000 needed to get ready to re-rent. House has two sections, one section is livable and that is the 2/1 and the other section was used for storage. House is being sold as is condition. Market lot value is $115k currently. There are 3 options for this home. 1) about 40k need to get ready to flip and covert the extra space to either an extra bedroom or garage with storage, 2) about $7,500 to get minimal rent ready to rent at $1200/month, 3) Tear down and rebuild house is below lot value. House is currently boarded to prevent anyone from entry.

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Home facts

  • Year built:1955
  • Subdivision & Development:South Park
  • Listing ID #:37227991
  • Updated:October 10, 2026 at 12:21 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Living area:1,012 sq. ft.

Heating and cooling

  • Cooling:Window Units

Structure and exterior

  • Roof:Wood
  • Year built:1955
  • Building area:1,012 sq. ft.
  • Architectural Style:Traditional
  • Construction Materials:Wood Siding
  • Foundation Description:Slab
  • Levels:1 Story

Schools

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

Finances and disclosures

  • Price:$85,000
  • Price per sq. ft.:$83.99
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