Houston, TX 77033,5117 Rapido RD
Houston, TX 77033,5117 Rapido RD
Houston, TX 77033,5117 Rapido RD
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$210,000
Est. payment /mo
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3 Beds
1 Bath
1,053 SqFt
New

5117 Rapido RD Houston, TX 77033

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,053 sqft

Price per Sqft $199

Subdivision South Park Add Sec 02

MLS Listing ID 89415044

Style Contemporary/Modern

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $2,024

Tax Year 2024

Lot Size 5,536 Sqft

Acres 0.1271

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 provides immediate flexibility for value creation as the tenant is on a month-to-month lease, allowing for a rent adjustment or new lease structure. Significant interior renovations were completed in 2013, including all interior plumbing, bathroom remodel, new HVAC, flooring, sheetrock, and electrical upgrades. In 2022, the kitchen was fully remodeled, further enhancing interior appeal.
Condition & Value-Add:
The primary opportunity lies in exterior improvements—siding and window replacement—which would align the property with interior quality and support a rent increase to $1,250 or more per month.

Please review attachment will all other properties in portfolio sale.

Location

State TX

County Harris

Area 3

Interior

Interior Features Ceiling Fan(s)

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Plank, Vinyl

Fireplace No

Appliance Electric Oven, Electric Range, 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

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 075-190-013-0031


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

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agent

Rosie Booker-Nelson

Agent | License ID: 793888

+1(817) 987-8132

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5117 Rapido RD