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 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 Nov 4, '25
|
$210,000 |
| Nov 4, '25 - Today |
$157,000 |
Additional Details
| AIR |
Gas |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Oven, Free-Standing Range, Oven |
| AREA |
3 |
| CONSTRUCTION |
Vinyl Siding, Wood Siding |
| HEAT |
None |
| INTERIOR |
Granite Counters |
| LOT |
6560 sq ft |
| LOT DESCRIPTION |
Back Yard, Subdivided |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Contemporary/Modern |
| SUBDIVISION |
South Park Sec 02 |
| TAXES |
2313 |
| WATER |
Public |
Location
Listed with LHS Realty Group
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