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USATXHoustonInwood Terrace Sec 025223 Myrtlewood St
5223 Myrtlewood St, House other with 3 bedrooms, 1 bathrooms and null parking in Houston TX | Image 1
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$185,000

5223 Myrtlewood St, Houston, TX

House

For Sale

$--,---,---
310
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 875 sqft
Garage No
Taxes $2,078
Days Active 62
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $211
MLS® Number 60370590

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® Number60370590
Laundry LevelElectric Dryer Hookup
Central VacNo
FireplaceNo
Acreage0.1414
Exterior
GarageNo
Approx. Age1955
Basement
Driveway
Garage Spaces
HeatNone
A/CNone
Heating Fuel

Extras

Rooms

Show Details
Master Bathroom:Not available

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