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  1. Home›
  2. Houston homes for sale›
  3. 5117 Rapido

$149,000

▼ 29% from $210,000
5117 Rapido
Houston, TX, 77033
3beds·1bath·1,053sq ft

About this home

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.

Property details

Year built
1950
Property type
Residential
Style
Single Family Residence
Heating
Electric
Cooling
Ceiling Fan(s), Electric
Water
Public
Sewer
Public Sewer
Lot
0.1271 acres
Taxes / yr
$2,024
Estimated monthly
$1,060/mo
P&I $793 · Tax $224/mo · Ins $43/mo

Estimate only. Taxes and insurance are typical TX defaults; check exact figures before buying.

Listed by
LHS Realty Group
Jerome Love
MLS89415044Listed7/25/2025Days on market102
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Where this home fits
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