Houston, TX 77033 5117 Rapido Road
$210,000
6 more
Presented By: LHS Realty Group;
Beds • 3
Baths • 1
SQFT • 1,053
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 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.
Presented By: LHS Realty Group;
Interior Features for 5117 Rapido 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/NYes
Interior AmenitiesCeilingFans
Laundry FeaturesElectricDryerHookup
Other Rooms
Room TypeLivingRoom
General for 5117 Rapido Road
Additional Parcels Y/NNo
AppliancesElectricOven, ElectricRange, FreeStandingRange, Oven
Architectural StyleContemporaryModern
Attached Garage No
Carport Y/NNo
CityHouston
Construction MaterialsVinylSiding, WoodSiding
CoolingCentralAir, Electric
CountyHarris
Directions610 exit MLK turn right on Rapido
DisclosuresNone
Elementary SchoolKELSO ELEMENTARY SCHOOL
Elementary School District27 - Houston
Facing DirectionSouth
Full Baths1
Garage Spaces0.0
Garage Y/NNo
HOANo
HeatingCentral, Electric
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 31 BLK 13 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
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameSouth Park Add Sec 02
Tax Annual Amount2024.0
Tax Year2024
Total Rooms4
Year Built1950
Year Built SourcePublicRecords
Exterior for 5117 Rapido Road
Building Area Total1053.0
Crops Included Y/NNo
Exterior AmenitiesFence, PrivateYard
FencingBackYard
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSubdivision
Lot Size Acres0.1271
Lot Size Area5538.0
Lot Size SourceAppraiser
Road Surface TypeAsphalt
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