5117 Rapido Road

Houston TX 77033

1053 sq. ft.

5536.48 sq. ft.

Single-Family

Currently for sale - view listing

Overview

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.

Features

3 bedrooms

1 bathroom

1053 sq. ft. floor area

5536.48 sq. ft. lot size

Single-Family

Property history for 5117 Rapido Road

2021

Rented

Undisclosed

30 Nov 2021 by Lhs Realty Group

Happy sellers in Houston

We have insufficient information to provide an overview of customer satisfaction for Houston. Viewing the agent profiles, reviews and sales for Houston can provide insights for this location.