Properties

Houston, TX 77033 5209 Tarawa Road

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Presented By: LHS Realty Group;
  • MLS# 83952275
  • 07/25/2025
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  • 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
FlooringCarpet, Plank, Vinyl
Heating Y/NNo
Interior AmenitiesGranite Counters
Laundry FeaturesElectric Dryer Hookup

Other Rooms

Room TypeLiving Room

General for 5209 Tarawa Road

AppliancesElectric Oven, Free-Standing Range, Oven
Architectural StyleContemporary/Modern
CityHouston
Construction MaterialsVinyl Siding, Wood Siding
CoolingCentral Air, 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 Spaces
Garage Y/NNo
HeatingNone
High SchoolWORTHING HIGH SCHOOL
High School District27 - Houston
Lease Considered Y/NNo
Legal DescriptionLT 26 BLK 16 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
ModificationTimestamp2026-01-14T20:19:44.953-00:00
New ConstructionNo
PostalCityHouston
Property SubtypeDetached
Property TypeResidential
RoofComposition
Security FeaturesSmoke Detector(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameSouth Park Sec 02
Tax Annual Amount2313
Tax Year2024
Total Rooms4
Year Built1956
Year Built SourcePublic Records

Exterior for 5209 Tarawa Road

Building Area Total1080
Exterior AmenitiesFence, Private Yard
FencingBack Yard
Foundation DetailsSlab
Lot FeaturesSubdivision
Lot Size Acres0.1506
Lot Size Area6560
Lot Size SourceAppraiser
Water SourcePublic

Additional Details

Price History

Connect Realty

Price $157,000
MLS#83952275
List Date 07/25/2025
Property Type Single Family
Phone 888.795.6274
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info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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