#83952275, Jerome Love, Listing office: LHS Realty Group
5117 Rapido Rd Houston, TX 77033
Property details
About 5117 Rapido Rd
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.
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Electric Oven, Electric Range, Range, Oven
- Flooring Type: Carpet, Plank, Vinyl
- Interior: Ceiling Fan(s)
- Total Bedroom Count: 3
- Private Pool: No
- Exterior: Fence, Private Yard
- Architectural Style: Contemporary/Modern
- Heating: Central, Electric
- Cooling: Central Air, Electric
- List Price: $210,000
- Price/SqFt: $199
- Annual Tax Amount: $2,327
- Tax Year: 2024
- Lot: Subdivision
- Directions: 610 exit MLK turn right on Rapido
- Year Built: 1950
- Stories: 1
- Living Area: 1,053 SqFt
- Lot Size: 0.1271 Acres
- MLS Number: 89415044
- MLS Name: HAR
- Office Name: LHS Realty Group
- Office Phone: (281) 773-3084
- Listing Agent: Jerome Love
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Last updated on: 7/29/2025, 7:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $96,725 | $2,327 |
2023 | $115,531 | $1,775 |
2022 | $96,280 | $2,119 |
2021 | $77,883 | $1,775 |
2020 | $85,007 | $1,976 |
2018 | $78,765 | $1,993 |
History based on county public records data.
Nearby schools
2
Kelso Elementary School
Public District EE-5
0.5 mi
•5800 Southmund St
3
Hartsfield Elementary School
Public Magnet EE-5
0.9 mi
•5001 Perry St
8
Bastian Elementary School
Public District EE-5
1.0 mi
•5051 Bellfort St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,000. Most Houston, TX residents have annual incomes less than $<35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 5117 Rapido Rd
The listing price of 5117 Rapido Rd property is $210,000.
The property 5117 Rapido Rd is a house located in Houston, Texas, 77033.
Active Listing: 5117 Rapido Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5117 Rapido Rd are: Kelso Elementary School (GreatSchools Rating 2/10), Hartsfield Elementary School (GreatSchools Rating 3/10), Bastian Elementary School (GreatSchools Rating 8/10), Beatrice Mayes Institute Charter School (GreatSchools Rating 5/10), Kipp Liberation College Preparatory (GreatSchools Rating 3/10), Cullen Middle School (GreatSchools Rating 1/10), Jones Futures Academy (GreatSchools Rating 4/10), Yes Preparatory - Southside (GreatSchools Rating 4/10), The Pro-Vision Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $2,327 (source: MLS/based on county public records data).
The property at 5117 Rapido Rd has 3 bedrooms and 1 bathroom.
The property 5117 Rapido Rd is 1,053 SqFt (source: MLS/tax record).
The year of construction for 5117 Rapido Rd is 1950.
This home is located at 5117 Rapido Rd in Houston, TX and zip code 77033 in the South Park neighborhood. This 1,053 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $210,000.
Houston, TX housing market in June 2025 saw over 322 listings sold above listed price, more than 411 sold at listed price and over 1379 sold below. Between May and June 2025, Houston, TX real estate market has seen increase in the number of listings by 10.4%. In June 2025 median list price was $323,293 and the average listing age was 37 days.