7338 Guadalcanal RD new Save Request In-Person Tour Request Virtual Tour
Houston,TX 77033
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 930 sqft
Price per Sqft $225
Subdivision South Park Sec 01
MLS Listing ID 50517277
Style Contemporary/Modern
Bedrooms 4
Full Baths 1
Year Built 1950
Annual Tax Amount $2,821
Tax Year 2024
Lot Size 5,527 Sqft
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 property offers strong rental performance with a lease secured through February 2026. Significant upgrades were completed during a major renovation in 2015, including the addition of two bedrooms, new siding, roof replacement, and a full interior remodel with updated plumbing and electrical systems. Most recently, flooring was replaced in 2024, ensuring modern aesthetics and functionality. The property is equipped with central HVAC, providing additional tenant appeal.
Condition & Value-Add:
While the kitchen remains slightly dated, all major systems have been updated in recent years, leaving only discretionary improvements for potential value enhancement.
Perfect for institutional investors.
Location
State TX
County Harris
Area 3
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Plank,Vinyl
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Fence,Private Yard
Fence Back Yard
Roof Type Composition
Building
Lot Description Subdivision
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Kelso Elementary School
Middle Schools Attucks Middle School
High Schools Worthing High School
School District 27 - Houston