1. Texas
2. Houston
3. 5117 Rapido Road

5117 Rapido Road, Houston, TX 77033

• 3 beds |
• 1 bath |
• 1,053 sqft

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 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.

Listing Status:

Active

Date Added:

July 25, 2025 at 05:00AM

Listing Office:

LHS Realty Group : 281-773-3084

Listing Agent:

Jerome Love : 1+281-773-3084

MLS ID:

89415044

Interior

• General: All Bedrooms Down
• Appliances: Electric OvenFreestanding OvenElectric RangeFree-Standing Range
• Laundry: Electric Dryer Hookup
• Flooring: CarpetVinyl Plank
• A/C: Ceiling Fan(s)Electric
• Heating: Electric

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Jerome Love, LHS Realty Group