4 days on Rocket
#36430712, Jerome Love, Listing office: LHS Realty Group
$200,000 List price
5223 Myrtlewood St Houston, TX 77033
3 beds
1 full
875 sqft
0.1 acres
$229 / sqft
House
Property details
About 5223 Myrtlewood St
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 offers stable income with a long-term tenant in place for five years, secured through October 2025. Significant structural and exterior upgrades have been completed, including new siding, windows, and exterior paint (2020), underground plumbing replacement (November 2024), and a roof replacement in 2019—substantially reducing near-term capital expenditure risk. Condition & Value-Add: The property currently operates with window-unit HVAC (no central air), and the kitchen remains dated, creating opportunities for investors to enhance rental income through modernization and optional HVAC installation. With core systems updated, these improvements are largely discretionary and positioned to drive rent growth and overall asset value. Ideal for institutional investors.
Highlights
Home typeSingle Family Residence
StatusActive
Size875 sqft
Lot size0.1414 Acres
Year built1955
MLS #60370590
Summary
- Full Bathrooms: 1
- Appliances: Electric Oven, Range
- Flooring Type: Carpet, Plank, Vinyl
- Interior: Tub Shower
- Total Bedroom Count: 3
- Private Pool: No
- Exterior: Fence, Private Yard
- Architectural Style: Contemporary/Modern
- Heating: None
- Cooling: None
- List Price: $200,000
- Price/SqFt: $228
- Annual Tax Amount: $2,037
- Tax Year: 2024
- Lot: Subdivision
- Directions: 610 exit cullen turn right then left on bellfort left on jutland then right on Myrtlewood
- Year Built: 1955
- Stories: 1
- Living Area: 875 SqFt
- Lot Size: 0.1414 Acres
- MLS Number: 60370590
- MLS Name: HAR
- Office Name: LHS Realty Group
- Office Phone: (281) 773-3084
- Listing Agent: Jerome Love
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
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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 | $108,083 | $2,037 |
| 2023 | $101,102 | $1,205 |
| 2022 | $73,600 | $1,620 |
| 2021 | $65,037 | $1,205 |
| 2020 | $50,227 | $655 |
| 2018 | $20,554 | $520 |
| 2017 | $20,554 | $490 |
History based on county public records data.
Nearby schools
8
Bastian Elementary School
Public District EE-5
0.2 mi
•5051 Bellfort St
4
Alcott Elementary School
Public District EE-5
0.9 mi
•5859 Bellfort St
2
Kelso Elementary School
Public District EE-5
1.2 mi
•5800 Southmund 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 $41,333. Typical income of Houston, TX residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
43%
<35k
55%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
40%
Single, No Kids
25%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
36%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
Burlington
Foot Locker
Ross Dress For Less
Where do the neighbors go to eat?
White Castle
Little Caesars
Jack In The Box
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5223 Myrtlewood St
The listing price of 5223 Myrtlewood St property is $200,000.
The property 5223 Myrtlewood St is a house located in Houston, Texas, 77033.
Active Listing: 5223 Myrtlewood St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5223 Myrtlewood St are: Bastian Elementary School (GreatSchools Rating 8/10), Alcott Elementary School (GreatSchools Rating 4/10), Kelso Elementary School (GreatSchools Rating 2/10), Attucks Middle School (GreatSchools Rating 3/10), Pro-Vision Middle School (GreatSchools Rating 1/10), Cullen Middle School (GreatSchools Rating 1/10), Jones Futures Academy (GreatSchools Rating 4/10), The Pro-Vision Academy (GreatSchools Rating 1/10), Worthing High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $2,037 (source: MLS/based on county public records data).
The property at 5223 Myrtlewood St has 3 bedrooms and 1 bathroom.
The property 5223 Myrtlewood St is 875 SqFt (source: MLS/tax record).
The year of construction for 5223 Myrtlewood St is 1955.
This home is located at 5223 Myrtlewood St in Houston, TX and zip code 77033 in the South Park neighborhood. This 875 square foot home, which was built in 1955, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $200,000.
Over 322 listings were sold over their listed price in June 2025 in Houston, TX. In the same period over 1379 listings were sold below the listed price and 411 listings were sold for the listed price. In June 2025 in Houston, TX there were 10.4% more homes for sale than in May. Listings spent 37 days on the market in June 2025, and had a median list price of $323,293 during the same period.
From Rocket Homes Real Estate and based on county public records data.