Houston, TX 77033 5223 Myrtlewood Street
$155,000
11 more
Presented By: LHS Realty Group;
Beds • 3
Baths • 1
SQFT • 875
Home Details
This property offers stable income with a long-term tenant in place for five years, secured through October 2025. Significant structural and exterior upgrades have been completed, including new siding, windows, and exterior paint (2020), underground plumbing replacement (November 2024), and a roof replacement in 2019—substantially reducing near-term capital expenditure risk.
Condition & Value-Add:
The property currently operates with window-unit HVAC (no central air), and the kitchen remains dated, creating opportunities for investors to enhance rental income through modernization and optional HVAC installation. With core systems updated, these improvements are largely discretionary and positioned to drive rent growth and overall asset value.
Ideal for institutional investors.
Presented By: LHS Realty Group;
Interior Features for 5223 Myrtlewood Street
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NNo
FlooringCarpet, Plank, Vinyl
Heating Y/NNo
Interior AmenitiesTub Shower
Laundry FeaturesElectric Dryer Hookup
Other Rooms
Room TypeLiving Room
General for 5223 Myrtlewood Street
AppliancesElectric Oven, Free-Standing Range
Architectural StyleContemporary/Modern
CityHouston
Construction MaterialsVinyl Siding, Wood Siding
CoolingNone
CountyHarris
Directions610 exit cullen turn right then left on bellfort left on jutland then right on Myrtlewood
DisclosuresNone
Elementary SchoolBASTIAN ELEMENTARY SCHOOL
Elementary School District27 - Houston
Facing DirectionSouth
Full Baths1
Garage Spaces
Garage Y/NNo
HeatingNone
High SchoolWORTHING HIGH SCHOOL
High School District27 - Houston
Lease Considered Y/NNo
Legal DescriptionLT 21 BLK 18 INWOOD TERRACE SEC 2
LevelsOne
Lot Size UnitsSquare Feet
MLS Area3
MLS Area MinorMedical Center South
Middle/Junior High SchoolATTUCKS MIDDLE SCHOOL
Middle/Junior School District27 - Houston
ModificationTimestamp2025-11-04T13:53:29.920-00:00
New ConstructionNo
PostalCityHouston
Property SubtypeDetached
Property TypeResidential
RoofComposition
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameInwood Terrace Sec 02
Tax Annual Amount2078
Tax Year2024
Total Rooms4
Year Built1955
Year Built SourcePublic Records
Exterior for 5223 Myrtlewood Street
Building Area Total875
Exterior AmenitiesFence, Private Yard
FencingBack Yard
Foundation DetailsSlab
Lot FeaturesSubdivision
Lot Size Acres0.1414
Lot Size Area6160
Lot Size SourceAppraiser
Road Surface TypeAsphalt
Water SourcePublic
Additional Details
Price History
Jeffrey Whitespeare
Founder/Owner