5209 Tarawa Road, Houston, TX 77033

Local realty services provided by:ERA Experts
5209 Tarawa Road,Houston, TX 77033
$157,000
  • 3 Beds
  • 1 Baths
  • 1,080 sq. ft.
  • Single family
  • Active
Listed by: jerome love
Office: lhs realty group
MLS#:83952275
Source:HARMLS

Price summary

  • Price:$157,000
  • Price per sq. ft.:$145.37

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 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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1956
  • Listing ID #:83952275
  • Updated:November 18, 2025 at 12:36 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:1,080 sq. ft.

Heating and cooling

  • Cooling:Central Air, Gas

Structure and exterior

  • Roof:Composition
  • Year built:1956
  • Building area:1,080 sq. ft.
  • Lot area:0.15 Acres

Schools

  • High school:WORTHING HIGH SCHOOL
  • Middle school:ATTUCKS MIDDLE SCHOOL
  • Elementary school:KELSO ELEMENTARY SCHOOL

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$157,000
  • Price per sq. ft.:$145.37
  • Tax amount:$2,313 (2024)
Copyright 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the MLS.

New listings near 5209 Tarawa Road