$255,000
14610 Maisemore Road Houston, TX
3 bedrooms
2 full baths
1,504 SQ FT
5209 Tarawa Road Houston, TX
$157,000
3 bedrooms
| 1 full bath
| 1,080 SQ FT
| 339 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 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.
PROPERTY SNAPSHOT
Status:
Active - Buy
List Price:
$157,000
MLS #:
244398204
Year Built:
1956
Address:
5209 Tarawa Road Houston, TX
Interior Size:
Approx. 1,080 Sq Ft
Property Type:
Single Family Home
Lot Size:
N/A
Community:
South Park Sec 02
Listed On:
07/25/2025 - 339 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. 1,080 Sq Ft
Cooling System:
Central Air,Gas
Heating System:
None
Appliances:
N/A
Flooring:
Carpet,Plank,Vinyl
Layout Highlights:
Granite Counters
ESSENTIAL SPECS
Location:
Houston, TX
Building Materials:
Vinyl Siding,Wood Siding
Street Address:
5209 Tarawa 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 Sec 02
Furnishing Status:
N/A
Year Constructed:
1956
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: $2,313
Outdoor Spaces:
Fence,Private Yard
Scenic Views:
N/A
Swimming Pool:
N/A
Waterfront Information:
N/A
LOCATE ON THE MAP
5209 Tarawa Road Houston, TX
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