5209 Tarawa Road, Houston, TX 77033
Local realty services provided by:American Real Estate ERA Powered
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 group281-773-3084
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
Home facts
- Year built:1956
- Subdivision & Development:South Park Sec 02
- Listing ID #:83952275
- Updated:August 24, 2026 at 11:39 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:4
- Flooring:Carpet, Plank, Vinyl
- Kitchen Description:Electric Oven, Free Standing Range, Granite Counters, Oven
- Living area:1,080 sq. ft.
Heating and cooling
- Cooling:Central Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1956
- Building area:1,080 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Subdivision
- Construction Materials:Vinyl Siding, Wood Siding
- Exterior Features:Fence, Private Yard
- Foundation Description:Slab
- Levels:1 Story
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)
Features and amenities
- Appliances:Electric Oven, Free Standing Range, Oven
- Amenities:Smoke Detectors
New listings near 5209 Tarawa Road
- New
$505,000Active3 beds 3 baths2,306 sq. ft.1704 Oak Leaf Pass Drive, Houston, TX 77055
MLS# 62259128Listed by: NAN & COMPANY PROPERTIES - CORPORATE OFFICE (HEIGHTS) - New
$349,000Active4 beds 3 baths1,963 sq. ft.2516 Vaughn Street, Houston, TX 77093
MLS# 23085954Listed by: ROCKET REALTORS - New
$269,990Active3 beds 2 baths1,360 sq. ft.2110 Dewalt Street #G, Houston, TX 77088
MLS# 10793257Listed by: STRONGTOWER REALTY GROUP - New
$289,990Active3 beds 3 baths1,384 sq. ft.2106 Dewalt Street #A, Houston, TX 77088
MLS# 11597518Listed by: STRONGTOWER REALTY GROUP - New
$345,000Active3 beds 3 baths2,522 sq. ft.8011 Makaha Circle, Houston, TX 77095
MLS# 21835619Listed by: REALM REAL ESTATE PROFESSIONALS - WEST HOUSTON - New
$579,990Active6 beds 4 baths2,720 sq. ft.2110 Dewalt Street #H-G, Houston, TX 77088
MLS# 30652631Listed by: STRONGTOWER REALTY GROUP - New
$295,000Active4 beds 2 baths1,933 sq. ft.18734 Shannon Glen Lane, Houston, TX 77084
MLS# 34365065Listed by: TEXAS SIGNATURE REALTY - New
$1,025,000Active4 beds 4 baths3,004 sq. ft.2411 Hazard Street, Houston, TX 77019
MLS# 51661225Listed by: WINHILL ADVISORS - KIRBY - New
$305,000Active3 beds 3 baths1,608 sq. ft.7106 Potenzza Lane, Houston, TX 77076
MLS# 95149534Listed by: MONARCH & CO - New
$100,000Active0.09 Acres739 E 39th Street, Houston, TX 77022
MLS# 84481544Listed by: BHHS PENFED REALTY