5117 Rapido Rd Houston, TX 77033
South Park NeighborhoodEstimated payment $960/month
Highlights
- Contemporary Architecture
- Vinyl Plank Flooring
- Ceiling Fan
- Living Room
- Central Heating and Cooling System
- South Facing Home
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,024
Year Built
- Built in 1950
Lot Details
- 5,538 Sq Ft Lot
- South Facing Home
- Back Yard Fenced
Home Design
- Contemporary Architecture
- Slab Foundation
- Composition Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,053 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Electric Dryer Hookup
Kitchen
- Electric Oven
- Electric Range
- Free-Standing Range
Flooring
- Carpet
- Vinyl Plank
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Kelso Elementary School
- Attucks Middle School
- Worthing High School
Utilities
- Central Heating and Cooling System
Community Details
- South Park Add Sec 02 Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,024 | $111,779 | $71,994 | $39,785 |
| 2024 | $2,024 | $96,725 | $60,918 | $35,807 |
| 2023 | $2,024 | $115,531 | $60,918 | $54,613 |
| 2022 | $2,120 | $96,280 | $55,380 | $40,900 |
| 2021 | $1,815 | $77,883 | $27,690 | $50,193 |
| 2020 | $2,059 | $85,007 | $24,921 | $60,086 |
| 2019 | $2,066 | $81,628 | $12,461 | $69,167 |
| 2018 | $1,993 | $78,765 | $12,461 | $66,304 |
| 2017 | $1,618 | $64,000 | $9,692 | $54,308 |
| 2016 | $1,887 | $74,621 | $9,692 | $64,929 |
| 2015 | $540 | $21,000 | $9,692 | $11,308 |
| 2014 | $540 | $21,000 | $9,692 | $11,308 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | Price Changed | $149,000 | -29.0% | $142 / Sq Ft |
| 07/25/2025 07/25/25 | For Sale | $210,000 | 0.0% | $199 / Sq Ft |
| 11/15/2021 11/15/21 | For Rent | $1,095 | 0.0% | -- |
| 11/15/2021 11/15/21 | Rented | $1,095 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | American Title Co | |
| Warranty Deed | -- | None Available | |
| Vendors Lien | -- | -- | |
| Vendors Lien | -- | Fidelity National Title | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | -- | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $69,351 | FHA | |
| Previous Owner | $51,000 | Purchase Money Mortgage | |
| Closed | $5,000 | No Value Available |
Source: Houston Association of REALTORS®
MLS Number: 89415044
APN: 0751900130031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 5102 Dieppe St
- 5041 Rapido Rd
- 5225 Chennault Rd
- 5210 Dieppe St
- 5209 Tarawa Rd
- 5002 Chennault Rd
- 5009 Bataan Rd
- 5033 Doolittle Blvd
- 5225 Anzio Rd
- 4942 Bataan Rd
- 4913 Chennault Rd
- 7322 Iwo Jima Rd
- 7210 Kassarine Pass
- 5422 Rapido Rd
- 5421 Southlea St
- 5433 Chennault Rd
- 7338 Hurtgen Forest Rd
- 7339 Mountbatten Rd
- 7314 Forrestal St
- 7355 Iwo Jima Rd
- 5125 Doolittle Blvd
- 5213 Anzio Rd
- 5334 Rapido Rd
- 5302 Tarawa Rd
- 7315 Iwo Jima Rd Unit B
- 7315 Iwo Jima Rd Unit A
- 5321 Malmedy Rd
- 7339 Krueger Rd Unit B
- 4814 Burma Rd
- 5034 Pershing St Unit B
- 5322 Pershing St
- 5105 Southwind St Unit A
- 5105 Southwind St Unit B
- 7358 Guadalcanal Rd Unit B
- 7358 Guadalcanal Rd Unit A
- 5122 Southwind St Unit A
- 5537 Bataan Rd Unit B
- 6709 Kassarine Pass
- 5036 Van Fleet St Unit A
- 4902 Pershing St
Ask me questions while you tour the home.