+1(469) 922-0005 nikki.eche@cbrealty.com
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    5209 Tarawa RD Houston, TX 77033

    Price Dropped by $53K

    UPDATED:

    $ 157,000
    5209 Tarawa RD Houston, TX 77033
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    TX > Houston > South Park Sec 02
    Houston, TX 77033,5209 Tarawa RD
    Houston, TX 77033,5209 Tarawa RD
    Houston, TX 77033,5209 Tarawa RD
    Houston, TX 77033,5209 Tarawa RD
    Houston, TX 77033,5209 Tarawa RD
    Houston, TX 77033,5209 Tarawa RD
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    Nikki Eche

    Nikki Eche

    nikki.eche@cbrealty.com +1(469) 922-0005
    $ 157,000
    Est. payment | /mo

    3 Beds

    1 Bath

    1,080 SqFt


    Save
    $ 157,000
    Est. payment | /mo
    Save

    3 Beds

    1 Bath

    1,080 SqFt

    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 $145

    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 Medical Center South

    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

    Story 1

    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)

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

    GET MORE INFORMATION

    Nikki Eche
    Nikki Eche

    REALTOR® | Lic# 0767737

    nikki.eche@cbrealty.com

    +1(469) 922-0005

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    5209 Tarawa RD

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