Houston, TX 77033,5209 Tarawa RD
Houston, TX 77033,5209 Tarawa RD
Houston, TX 77033,5209 Tarawa RD
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$210,000
Est. payment /mo
3 Beds
1 Bath
1,080 SqFt
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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $194

Subdivision South Park Sec 02

MLS Listing ID 83952275

Style Contemporary/Modern

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1956

Annual Tax Amount $2,313

Tax Year 2024

Lot Size 6,560 Sqft

Acres 0.1506

Property Sub-Type Detached

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.

Location

State TX

County Harris

Area 3

Interior

Interior Features Granite Counters

Heating None

Cooling Central Air, Gas

Flooring Carpet, Plank, Vinyl

Fireplace No

Appliance Electric Oven, Free-Standing Range, Oven

Laundry Electric Dryer Hookup

Exterior

Exterior Feature Fence, Private Yard

Fence Back Yard

Water Access Desc Public

Roof Type Composition

Private Pool No

Building

Lot Description Subdivision

Faces South

Entry Level One

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Contemporary/Modern

Level or Stories One

New Construction No

Schools

Elementary Schools Kelso Elementary School

Middle Schools Attucks Middle School

High Schools Worthing High School

School District 27 - Houston

Others

Tax ID 075-190-016-0026

Security Features Smoke Detector(s)


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Houston Realtors Information Service / HAR MLS
Listed by LHS Realty Group Jerome Love

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agent

Rhonda Trevino

+1(281) 732-5007

Broker / Owner | License ID: 596151

Broker / Owner License ID: 596151

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