5209 Tarawa Rd, Houston, TX 77033

$157,000
: 3
BD
: 1
BA
: 1,080
SqFt

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List Price: $157,000
Status: ACTIVE
MLS#: 83952275
Price Change: ▼ $53,000 1762286336
Days on Market: 369
Bedrooms: 3
Bathrooms: 1
Living Area: 1,080
Lot Size: 6,560
Area: 3

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Property Description

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.

469-865-2527

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