Houston, TX 77033 5209 Tarawa Road
$210,000
10 more
Presented By: LHS Realty Group;
Beds • 3
Baths • 1
SQFT • 1,080
Home Details
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 and upgraded condition, this property is ideally positioned for rent growth and enhanced value through HVAC installation and lease restructuring.
Presented By: LHS Realty Group;
Interior Features for 5209 Tarawa Road
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCarpet, Plank, Vinyl
Heating Y/NNo
Interior AmenitiesGraniteCounters
Laundry FeaturesElectricDryerHookup
Other Rooms
Room TypeLivingRoom
General for 5209 Tarawa Road
Additional Parcels Y/NNo
AppliancesElectricOven, FreeStandingRange, Oven
Architectural StyleContemporaryModern
Attached Garage No
Carport Y/NNo
CityHouston
Construction MaterialsVinylSiding, WoodSiding
CoolingCentralAir, Gas
CountyHarris
Directions610 exit MLK turn right then right on Tarawa
DisclosuresNone
Elementary SchoolKELSO ELEMENTARY SCHOOL
Elementary School District27 - Houston
Facing DirectionSouth
Full Baths1
Garage Spaces0.0
Garage Y/NNo
HOANo
HeatingNone
High SchoolWORTHING HIGH SCHOOL
High School District27 - Houston
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLT 26 BLK 16 SOUTH PARK SEC 2
LevelsOne
Lot Size UnitsSquareFeet
MLS Area3
MLS Area MinorMedical Center South
Middle/Junior High SchoolATTUCKS MIDDLE SCHOOL
Middle/Junior School District27 - Houston
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-26T09:04:56.673-00:00
New ConstructionNo
PostalCityHouston
Property SubtypeDetached
Property TypeResidential
Rent Control Y/NNo
RoofComposition
Security FeaturesSmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameSouth Park Sec 02
Tax Annual Amount2313.0
Tax Year2024
Total Rooms4
Year Built1956
Year Built SourcePublicRecords
Exterior for 5209 Tarawa Road
Building Area Total1080.0
Crops Included Y/NNo
Exterior AmenitiesFence, PrivateYard
FencingBackYard
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSubdivision
Lot Size Acres0.1506
Lot Size Area6560.0
Lot Size SourceAppraiser
SpaNo
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Kelso Elementary School
Middle School
Attucks Middle School
High School
Worthing High School
Jeffrey Whitespeare
Founder/Owner