5209 TARAWA ROAD, HOUSTON, TX 77033
Homes for sale in Houston.
Homes for sale in 77033.
List Price$157,000
5209 Tarawa Road
Houston, TX 77033
Listing #83952275
3
Bedrooms
1 full
Bathrooms
1,080
Square Feet
House
Type
About This Property
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.
Property Features
Location Information
County
Harris
Longitude
-95.340039
MLS Area
Medical Center South
Subdivision
South Park Sec 02
Latitude
29.680263
Directions
610 exit MLK turn right then right on Tarawa
Interior Features
Room Descriptions
12x12 Bedroom, 12x14 Bedroom, 14x16 Primary Bedroom, 18x20 Living Room
Fireplace Description
Fence, Private Yard
Interior
Granite Counters
Exterior Features
Style
Contemporary/Modern
Has a Pool
No
Stories
1
Acre Range
0 Up To 1/4 Acre
Is New Construction
No
Lot Description
Subdivision
Construction
Vinyl Siding, Wood Siding
Lot Size in Acres
0.151
Exterior
Fence, Private Yard
Lot Size in Sq. Ft.
6,560
Has Garage
No
Is One Story
Yes
Garage Spaces
0
School
School District
Houston
Middle School
ATTUCKS MIDDLE SCHOOL
Elementary School
KELSO ELEMENTARY SCHOOL
High School
WORTHING HIGH SCHOOL
Additional Information
Property Type
SFR
Year Built
1956
Property SubType
Detached
Status
Active
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Mortgage Calculator
$731
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$565
Monthly Tax
$130
Monthly Insurance
$36
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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