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For sale
$149,000
5117 Rapido
Houston, TX, 77033
MLS #89415044
3 beds
1 bath
1,053 sq ft
Built 1950

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 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…

Houston market

Median sold
$315,056
Avg DOM
73 days
R
Jerome Love
LHS Realty Group

Data via Repliers MLS API. Information deemed reliable but not guaranteed.