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.
Property Type(s):
Single Family
SCHOOLS
| Elementary School |
Kelso Elementary School |
| Jr. High School |
Attucks Middle School |
| High School |
Worthing High School |
Price History
|
Prior to Aug 27, '25
|
$210,000 |
|
Aug 27, '25 - Nov 4, '25 |
$179,000 |
| Nov 4, '25 - Today |
$159,000 |
Additional Details
| AIR |
None |
| APPLIANCES |
Electric Range, Free-Standing Range, Oven |
| AREA |
3 |
| CONSTRUCTION |
Vinyl Siding, Wood Siding |
| HEAT |
None |
| LOT |
6830 sq ft |
| LOT DESCRIPTION |
Subdivided |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Contemporary/Modern |
| SUBDIVISION |
South Park Sec 02 |
| TAXES |
2151 |
| WATER |
Public |
Location
Listed with LHS Realty Group
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