5117 Rapido Road
Houston, TX 77033
3
Bed
1
Bath
1,053Sqft
0.13Acre(Lot)
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 p
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 4 -
Flooring Information
Carpet, Vinyl -
Roofing Information
Composition -
Interior Features
Roof: Composition Appliances: Electric Oven, Electric Range, Free-Standing Range, Oven Laundry Features: Electric Dryer Hookup -
Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Electric
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Building Information
Year Built: 1950 Building Area Total: 1053 Construction Materials: Vinyl Siding, Wood Siding Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 0.1271 Acres Lot Size Acres: 0.1271 Lot Size Square Feet: 5536.476 Lot Description: Back Yard, SubdividedProperty Information
Subdivision: South Park Add Sec 02 Source Property Type: Residential Postal Code Plus 4: 2642 Property SubType: Single Family Residence Direction Faces: South Property Age: 76
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Listing Price Information
Listing Price: $149000 Original Price: $210000
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Tax Information
Parcel Number: 0751900130031 Tax Year: 2024 Annual Tax: $2024 Tax Legal Desc: LT 31 BLK 13 SOUTH PARK SEC 2
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School Information
Elementary School: Kelso Elementary SchoolJunior High School: Attucks Middle SchoolSenior High School: Worthing High School -
Location Information
Direction: 610 exit MLK turn right on Rapido WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6134 Belmark Street, Houston, TX, 77033 | $199,500 | 3 | 1 | 1,077 | 1,077 SqFt |
| 6159 Lyndhurst Drive, Houston, TX, 77033 | $172,900 | 3 | 2 | 1,352 | 1,352 SqFt |
| 6102 Belcrest Street, Houston, TX, 77033 | $120,000 | 3 | 1 | 1,647 | 1,647 SqFt |
| 6152 Doulton Drive, Houston, TX, 77033 | $250,000 | 4 | 2 | 1,648 | 1,648 SqFt |
| 6023 Belarbor Street, Houston, TX, 77033 | $199,000 | 3 | 2 | 1,512 | 1,512 SqFt |
| 6011 Belmark Street, Houston, TX, 77033 | $199,900 | 3 | 2 | 1,316 | 1,316 SqFt |
| 7634 Belbay Street, Houston, TX, 77033 | $199,900 | 3 | 2 | 1,297 | 1,297 SqFt |
| 7914 Belbay Street, Houston, TX, 77033 | $179,900 | 4 | 2 | 1,274 | 1,274 SqFt |
| 6059 Doulton Drive, Houston, TX, 77033 | $259,999 | 4 | 2 | 1,481 | 1,481 SqFt |
| 6058 Lyndhurst Drive, Houston, TX, 77033 | $297,500 | 4 | 3 | 1,965 | 1,965 SqFt |
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ByOwner last updated this listing 06/06/2026 @ 08:38
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