5234 Ripplebrook Drive, Houston, TX 77045

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5234 Ripplebrook Drive,Houston, TX 77045
$225,000
  • 4 Beds
  • 1 Baths
  • 1,292 sq. ft.
  • Single family
  • Active
Listed by:jerome love
Office:lhs realty group
MLS#:94648607
Source:HARMLS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$174.15

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 is the largest home in the portfolio, featuring four bedrooms and two living areas, making it highly attractive to families and long-term tenants. The home was completely rebuilt in 2018, including all new electrical and plumbing systems, roof, siding, exterior paint, flooring, and full interior finishes, ensuring modern construction standards and minimal near-term CapEx. Condition & Value-Add: With the major systems and interior recently renovated, this property requires no significant improvements, providing immediate income stability. Future value enhancement could come from modest cosmetic upgrades or lease adjustments at renewal.

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Home facts

  • Year built:1958
  • Listing Id #:94648607
  • Updated:August 18, 2025 at 11:38 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,292 sq. ft.

Heating and cooling

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

Structure and exterior

  • Roof:Composition
  • Year built:1958
  • Building area:1,292 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:MADISON HIGH SCHOOL (HOUSTON)
  • Middle school:LAWSON MIDDLE SCHOOL
  • Elementary school:GRISSOM ELEMENTARY SCHOOL

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$174.15
  • Tax amount:$4,147 (2024)
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