Houston, TX 77033 5117 Rapido Road
$149,000



6 more






Presented By: LHS Realty Group;
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
FlooringCarpet, Plank, Vinyl
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Laundry FeaturesElectric Dryer Hookup
Other Rooms
Room TypeLiving Room
General for 5117 Rapido Road
AppliancesElectric Oven, Electric Range, Free-Standing Range, Oven
Architectural StyleContemporary/Modern
CityHouston
Construction MaterialsVinyl Siding, Wood Siding
CoolingCentral Air, Electric
CountyHarris
Directions610 exit MLK turn right on Rapido
DisclosuresNone
Elementary SchoolKELSO ELEMENTARY SCHOOL
Elementary School District27 - Houston
Facing DirectionSouth
Full Baths1
Garage Spaces
Garage Y/NNo
HeatingCentral, Electric
High SchoolWORTHING HIGH SCHOOL
High School District27 - Houston
Lease Considered Y/NNo
Legal DescriptionLT 31 BLK 13 SOUTH PARK 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
ModificationTimestamp2025-11-04T13:55:11.783-00:00
New ConstructionNo
PostalCityHouston
Property SubtypeDetached
Property TypeResidential
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameSouth Park Add Sec 02
Tax Annual Amount2024
Tax Year2024
Total Rooms4
Year Built1950
Year Built SourcePublic Records
Exterior for 5117 Rapido Road
Building Area Total1053
Exterior AmenitiesFence, Private Yard
FencingBack Yard
Foundation DetailsSlab
Lot FeaturesSubdivision
Lot Size Acres0.1271
Lot Size Area5538
Lot Size SourceAppraiser
Road Surface TypeAsphalt
Water SourcePublic
Additional Details
Price History
Jeffrey Whitespeare
Founder/Owner
SQFT • 1,053