Price Reduced Listing
Description
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 is well-maintained and offers stable income with a lease secured through November 2025. Significant upgrades were completed in 2021, including exterior siding, windows, doors, and roof replacement, as well as a kitchen remodel and full interior plumbing and electrical updates. Underground plumbing was also replaced in 2021, ensuring strong infrastructure. Condition & Value-Add: The property currently uses window-unit HVAC (no central air), and the utility room requires modernization, presenting clear opportunities for investors to further enhance tenant appeal and rental income.
Details
| MLS # | 80363163 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 107 |
| Listing Provided By | LHS Realty Group | Jerome Love |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,080 |
| Story(s) | 1 |
| Acreage | 0.16 |
Taxes
| Property | 2151 |
|---|
Area Information
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77033 |
| Area | 3 |
| Subarea | Medical Center South |
| Community Name | South Park Sec 02 |
| School District | 27 - Houston |
| Elementary School | KELSO ELEMENTARY SCHOOL |
| High School | WORTHING HIGH SCHOOL |
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Learn More About This Property
| State | TX |
|---|---|
| County | Harris |
| City | Houston |
| Zip Code | 77033 |
| Area | 3 |
| Subarea | Medical Center South |
| Community Name | South Park Sec 02 |
| School District | 27 - Houston |
| Elementary School | KELSO ELEMENTARY SCHOOL |
| High School | WORTHING HIGH SCHOOL |