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$157,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,080 Sq. Ft.
  • 0.1506 Acres
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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.

Full Property Details for 5209 Tarawa Rd

General

  • Price: $157,000
  • Taxes: $2,313 (2024)
  • Status: Active
  • Type: Single Family
  • Source: Houston
  • MLS ID: 83952275
  • Updated: 11/4/2025
  • Added to Site: 174 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Granite Counters
  • Appliances: Electric Oven, Free-Standing Range, Oven
  • Flooring: Carpet, Plank, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Electric Dryer Hookup

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Fence, Private Yard

Location

  • Area: 3
  • County: Harris
  • Subdivision: South Park Sec 02
  • Driving Directions: 610 exit MLK turn right then right on Tarawa
  • Direction Faces: South

School Information

  • Elem School District: 27 - Houston
  • Midd School District: 27 - Houston
  • High School District: 27 - Houston
  • Elementary School: KELSO ELEMENTARY SCHOOL
  • Middle School: ATTUCKS MIDDLE SCHOOL
  • High School: WORTHING HIGH SCHOOL

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Gas
  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary/Modern
  • Construction: Vinyl Siding, Wood Siding
  • Roof: Composition
  • Stories/Levels: 1
  • Square Feet: 1,080
  • Sq. Ft. Source: Appraiser
  • Living Area: 1,080 Sq. Ft.
  • Year Built: 1956
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1506
  • Lot Size Source: Appraiser
  • Lot Features: Subdivision
  • Fencing (Description): Back Yard

Financial Considerations

  • Tax Amount: $2,313
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: LT 26 BLK 16 SOUTH PARK SEC 2
  • Legal Disclosures: None
  • APN: 075-190-016-0026
  • Section: 2

Listed by LHS Realty Group (281) 773-3084, Jerome Love (281) 773-3084

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Listing agent

— 5209 Tarawa Rd —

  • Jerome Love

    LHS Realty Group

    281-773-3084

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5209 Tarawa Rd

School District:Houston Independent School District
NameGradesDistance
Kelso Elementary School
5800 Southmund Street, Houston, TX 77033
K-50.4 mi
Attucks Middle School
4330 Bellfort Avenue, Houston, TX 77051
6-81.7 mi
Worthing High School
9215 Scott Street, Houston, TX 77051
9-122.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5209 Tarawa Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/04/2025
Price Reduced
$157,000
-25.24%
MLS
7/25/2025
Listed
$210,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5209 Tarawa Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,313
-13%
$127,549
15%
2023
$2,657
—
$110,537
-16%
2022
$2,657
7%
$131,882
17%
2022
$2,472
25%
$112,254
32%
2021
$1,979
17%
$84,898
7%
2020
$1,696
-5%
$79,368
8%
2019
$1,781
28%
$73,545
34%
2018
$1,392
-4%
$55,000
-4%
2017
$1,450
—
$57,396
—
2016
$1,451
8%
$57,396
8%
2015
$1,343
-1%
$52,989
—
2013
$1,356
—
$52,989
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5209 Tarawa Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by LHS Realty Group (281) 773-3084, Jerome Love (281) 773-3084

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5209 Tarawa Road, Houston, TX 77033 (MLS# 83952275) is a Single Family property with 3 bedrooms and 1 full bathroom. 5209 Tarawa Road is currently listed for $157,000 and was received on July 25, 2025. Want to learn more about 5209 Tarawa Road? Do you have questions about finding other Single Family real estate for sale in Houston? You can browse all Houston real estate or contact a Coldwell Banker agent to request more information.

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