$195,900
610 John Alber Road Houston, TX
3 bedrooms
1 full bath
828 SQ FT
5117 Rapido Road Houston, TX
$149,000
3 bedrooms
| 1 full bath
| 1,053 SQ FT
| 102 days on market
Est. Payment
-
Active |
Buy
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.
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PROPERTY SNAPSHOT
Status:
Active - Buy
List Price:
$149,000
MLS #:
230488491
Year Built:
1950
Address:
5117 Rapido Road Houston, TX
Interior Size:
Approx. 1,053 Sq Ft
Property Type:
Single Family Home
Lot Size:
N/A
Community:
South Park Add Sec 02
Listed On:
07/25/2025 - 102 days on market
EXTERIOR FEATURES
Style:
Contemporary/Modern
Construction Type:
Vinyl Siding,Wood Siding
Parking Description:
N/A
Waterfront:
N/A
Pool:
N/A
Exterior Features:
Fence,Private Yard
Roof Description:
Composition
Parking Spaces:
0
View:
N/A
Waterfront Description:
N/A
INTERIOR FEATURES
Approximate Living Area:
Approx. 1,053 Sq Ft
Cooling System:
Central Air,Electric
Heating System:
Central,Electric
Appliances:
N/A
Flooring:
Carpet,Plank,Vinyl
Layout Highlights:
Ceiling Fan(s)
ESSENTIAL SPECS
Location:
Houston, TX
Building Materials:
Vinyl Siding,Wood Siding
Street Address:
5117 Rapido Road
Roof Type:
Composition
Type of Property:
RES / SingleFamilyResidence
Water Supply:
N/A
Lot Size Approximate:
N/A
Sewage System:
N/A
Neighborhood / Subdivision:
South Park Add Sec 02
Furnishing Status:
N/A
Year Constructed:
1950
Possession Terms:
N/A
Number of Floors:
1
Accepted Financing Options:
N/A
Garage Capacity:
0
Homeowners Association Fees:
N/A
Parking Details:
N/A
Tax Year:
2024
Orientation / Facing Direction:
N/A
Annual Property Taxes:
Estimated taxes: $2,024
Outdoor Spaces:
Fence,Private Yard
Scenic Views:
N/A
Swimming Pool:
N/A
Waterfront Information:
N/A
LOCATE ON THE MAP
5117 Rapido Road Houston, TX
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