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5209 Tarawa Road, Houston, TX 77033

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Listing Type
Single Family
Listing Status
Active
15
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$157,000

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Home Details for 5209 Tarawa Road
Price
$157,000
Type
Single Family
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Year Build
1956
Sq. Ft.
1080
Lot Size
0.1506
County
Harris
Total Rooms
4
Tax
$2,313
MLS®️ Listing#
83952275
On exitrealty.com
177 days
Property 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 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.
Property Features
School Information

School Information for 5209 Tarawa Road

Elementary School
Kelso Elementary School
Middle School
Attucks Middle School
High School
Worthing High School
Listing Courtesy: LHS Realty Group - 281-773-3084
Copyright 2026, Houston REALTORS® Information Service, Inc. The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: 2026-01-14 14:47:09
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EXIT REALTY 360
1990 Country Place Pkwy #110, Pearland, TX 77584
EXIT Realty 360. 713-987-7000
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$157,000

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EXIT REALTY 360
1990 Country Place Pkwy #110, Pearland, TX 77584
EXIT Realty 360. 713-987-7000
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