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Size: 0.15 Acres
Home: 3 beds - 1 full bath - 1,080 Sq Ft

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LT 26 BLK 16 SOUTH PARK SEC 2

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...

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Environmental Factors

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Source:First Street

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Source: Houston Area Realtors, MLS# 83952275
Listing last updated: January 14, 2026 at 8:20 PM
Listing last checked: February 21, 2026 at 10:20 PM
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