For sale

$157,000

Est. $1,154/mo —

•

1,080

sq ft

5209 Tarawa Rd, Houston, TX 77033

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 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.

Single-familyProperty Type

1956Year Built

6,560 sq ftLot Size

$145Price/Sq.Ft.

Listed by Jerome Love • LHS Realty Group

Listing updated: Jul 2, 2026 at 06:52am

Redfin checked: 2 minutes ago

•Source:HARMLS #83952275

Payment calculator

$1,154 per month

Principal and interest$825

Property taxes

$193

HOA dues

Home insurance

$136

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN TODAY, 11AM TO 5PM3D WALKTHROUGH
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3 beds2.5 baths1,800 sq ft
4022 Boho Ln, Houston, TX 77045
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4 beds3.5 baths2,797 sq ft
13226 Sage Meadow Ln, Pearland, TX 77584
OPEN TODAY, 1PM TO 3PM
$1,895,000
4 beds4.5 baths3,905 sq ft
2706 Westgrove Ln, Houston, TX 77027
OPEN TODAY, 1PM TO 3PM
$275,000
2 beds2.5 baths1,610 sq ft
1112 Bering Dr #62, Houston, TX 77057
OPEN TODAY, 1PM TO 3PMVIDEO TOUR
$1,050,000
3 beds2 baths1,892 sq ft
6249 Overbrook Ln, Houston, TX 77057
OPEN TODAY, 2PM TO 3:30PM
$537,000
3 beds2 baths2,433 sq ft
5422 Rutherglenn Dr, Houston, TX 77096
OPEN TODAY, 2PM TO 4PMVIDEO TOUR
$1,495,000
4 beds4.5 baths4,154 sq ft
2402 Mcclendon St, Houston, TX 77030
OPEN TODAY, 2PM TO 4PM
$395,000
4 beds2.5 baths2,267 sq ft
13833 Arbor Meadows Ln, Pearland, TX 77584
OPEN TODAY, 2PM TO 4PM
$410,000
4 beds2 baths2,097 sq ft
1310 Elliston St, Houston, TX 77023
OPEN TODAY, 2PM TO 4PM
$699,000
3 beds2.5 baths2,633 sq ft
741 W 20th St, Houston, TX 77008

Around this home

Schools

K - 12
Preschool & daycare

Kelso Elementary School

Public PreK-5 • Assigned • 0.4mi

6/10

Attucks Middle School

Public 6-8 • Assigned • 1.6mi

5/10

Worthing High School

Public 9-12 • Assigned • 2.3mi

4/10

Provided by GreatSchools

About South

Park

South Park, located between Martin Luther King Jr. Boulevard and the South Loop East (I-610), is a residential and institutional Houston neighborhood with broad boulevards and a campus-driven energy. The neighborhood’s character concentrates around the MLK Blvd and Yellowstone Blvd corridor, where corner eateries, barbershops, and small storefronts line the street in a steady daytime rhythm. Texas Southern University and the University of Houston define the area’s scale with brick academic buildings, stadium lights, and constant foot traffic. Housing trends toward mid-century single-story homes and modest apartment communities on a tight street grid. MacGregor Park adds long lawns, trails, and a lakefront edge that shapes daily routines. METRORail at Palm Center anchors car-free connections to Downtown and the Museum District.

Provided by Walk Score and Local Logic

Market insights

5209 Tarawa Rd · $157,000

DAYS ON MARKET

The average home goes pending in 46 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median list price in this area is $339,000. (116% higher than this home)

PRICE DROP

27% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Granite counters
Smoke detector(s)

Bedrooms
Primary bedroom (first level)
Bedroom (first level)
Bedroom (first level)
Total of 4 rooms

Bathrooms
1 full bathroom

Kitchen
Electric oven
Free-standing range
Oven

Laundry & utility
Electric dryer hookup

Flooring
Carpet
Plank
Vinyl

Heating & cooling
Central air
Gas heating/cooling

Sale and tax history for 5209 Tarawa Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$2,711 (+17.2%)

$79,040 + $48,509

$127,549

2024

$2,313 (−13.0%)

$66,880 + $43,657

$110,537

2023

$2,657 (+7.5%)

$66,880 + $65,002

$131,882

2022

$2,472 (+24.9%)

$60,800 + $51,454

$112,254

2021

$1,979 (+3.9%)

$30,400 + $54,498

$84,898

2020

$1,904 (+6.9%)

$27,360 + $52,008

$79,368

2019

$1,781 (+28.0%)

$13,680 + $59,865

$73,545

2018

$1,392 (−4.0%)

$13,680 + $41,320

$55,000

2017

$1,450

$10,640 + $46,756

$57,396

2016

$1,451 (+8.0%)

$10,640 + $46,756

$57,396

2015

$1,343 (−1.4%)

$10,640 + $46,756

$57,396

2014

$1,362 (+0.4%)

$10,640 + $42,349

$52,989

2013

$1,356 (−7.5%)

$10,640 + $42,349

$52,989

2012

$1,465 (+9.3%)

$10,640 + $42,349

$52,989

2011

$1,340 (+56.6%)

2010

$856 (+0.3%)

2009

$854

Public record

Public record
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,560 Sq. Ft.

Year renovated

1956

Finished Sq. Ft.

1,080

Unfinished Sq. Ft.

—

Total Sq. Ft.

1,080

Year built

1956

Style

Single Family Residential

County

Harris County

APN

0751900160026

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 23, 2026.

Jun 26, 2017 • Final

Hvac

Repair fire damage on a residential building.

HVAC

Remodel

Jun 12, 2017 • Final

Electrical pmt

Repair fire damage on a residential building.

Demolition

Electrical

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Historical weather

Houston, TX • 77033

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

93/ 100

Exceptional sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 5209 Tarawa Rd

$152,474

$4,526 under list price of $157K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $145K to $230K.

SOLD JUL 27, 2026
$159,999 Last sold price
2 beds1.5 baths1,163 sq ft
5601 Malmedy Rd, Houston, TX 77033
$7/sq ft
smaller lot
1 year older
SOLD JUN 24, 2026
$229,999 Last sold price
3 beds2 baths1,100 sq ft
5433 Chennault Rd, Houston, TX 77033
$64/sq ft
1 year older
SOLD JUL 10, 2026
$150,000 Last sold price
2 beds1 bath1,192 sq ft
5244 Enyart St, Houston, TX 77021
$19/sq ft
7 years older
SOLD JUN 18, 2026
$145,000 Last sold price
2 beds1 bath1,015 sq ft
7358 Forrestal St, Houston, TX 77033
$2/sq ft
larger lot
9 years older
SOLD JUN 12, 2026
$205,000 Last sold price
3 beds2 baths1,089 sq ft
6427 Paris St, Houston, TX 77021
$43/sq ft
smaller lot
69 years newer
SOLD MAY 14, 2026
$217,900 Last sold price
3 beds2 baths1,300 sq ft
5823 Southgood St, Houston, TX 77033
$23/sq ft
larger lot
9 years older

Rental earnings

Est. $1,305 per month, based on comparable rentals

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Early Access listings

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New listings for sale in 77033

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NEW 23 HRS AGO

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5618 Southbrook St, Houston, TX 77033

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4 beds2 baths1,905 sq ft

8150 Sharondale Dr, Houston, TX 77033

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Details provided by HARMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 5209 Tarawa Rd

Public record

Historical weather

Sun exposure

Redfin Estimate for 5209 Tarawa Rd

Early Access listings

Nearby similar homes

New listings for sale in 77033

More real estate resources