5209 Tarawa Road
Houston, TX 77033
3
Bed
1
Bath
1,080Sqft
0.15Acre(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 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 a
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
Granite Counters Roof: Composition Appliances: Electric Oven, Free-Standing Range, Oven Laundry Features: Electric Dryer Hookup -
Heating & Cooling
Heating: None Has Cooling: Yes Cooling: Gas
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Building Information
Year Built: 1956 Building Area Total: 1080 Construction Materials: Vinyl Siding, Wood Siding Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 0.1506 Acres Lot Size Acres: 0.1506 Lot Size Square Feet: 6560.136 Lot Description: Back Yard, SubdividedProperty Information
Subdivision: South Park Sec 02 Source Property Type: Residential Postal Code Plus 4: 2653 Property SubType: Single Family Residence Direction Faces: South Property Age: 70
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Listing Price Information
Listing Price: $157000 Original Price: $210000
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Tax Information
Parcel Number: 0751900160026 Tax Year: 2024 Annual Tax: $2313 Tax Legal Desc: LT 26 BLK 16 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 then right on Tarawa 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 06/07/2026 @ 14:07
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