5223 Myrtlewood Street, Houston, TX 77033

Local realty services provided by:Better Homes and Gardens Real Estate Hometown
#1#2#3
5223 Myrtlewood Street,Houston, TX 77033
$200,000
  • 3 Beds
  • 1 Baths
  • 875 sq. ft.
  • Single family
  • Active
Listed by:jerome love
Office:lhs realty group
MLS#:60370590
Source:HARMLS

Price summary

  • Price:$200,000
  • Price per sq. ft.:$228.57

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 offers stable income with a long-term tenant in place for five years, secured through October 2025. Significant structural and exterior upgrades have been completed, including new siding, windows, and exterior paint (2020), underground plumbing replacement (November 2024), and a roof replacement in 2019—substantially reducing near-term capital expenditure risk. Condition & Value-Add: The property currently operates with window-unit HVAC (no central air), and the kitchen remains dated, creating opportunities for investors to enhance rental income through modernization and optional HVAC installation. With core systems updated, these improvements are largely discretionary and positioned to drive rent growth and overall asset value. Ideal for institutional investors.

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1955
  • Listing Id #:60370590
  • Updated:August 18, 2025 at 11:38 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:875 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1955
  • Building area:875 sq. ft.
  • Lot area:0.14 Acres

Schools

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

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$200,000
  • Price per sq. ft.:$228.57
  • Tax amount:$2,078 (2024)
Copyright 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

New listings near 5223 Myrtlewood Street