$285,000

5234 Ripplebrook Drive, Houston, TX 77045

  • 4 beds |
  • 1 bath |
  • 1,292 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon7,079sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $221/sqft
  • Property List Date Icon Listed 2 days ago

Property 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 is the largest home in the portfolio, featuring four bedrooms and two living areas, making it highly attractive to families and long-term tenants. The home was completely rebuilt in 2018, including all new electrical and plumbing systems, roof, siding, exterior paint, flooring, and full interior finishes, ensuring modern construction standards and minimal near-term CapEx. Condition & Value-Add: With the major systems and interior recently renovated, this property requires no significant improvements, providing immediate income stability. Future value enhancement could come from modest cosmetic upgrades or lease adjustments at renewal.

Listing Status:
Active
Date Added:
July 25, 2025 at 05:00AM
Listing Office:
LHS Realty Group : 281-773-3084
Listing Agent:
Jerome Love : 1+281-773-3084
MLS ID:
94648607
  • General: All Bedrooms Down
  • Appliances: Electric OvenFreestanding OvenFree-Standing Range
  • Laundry: Electric Dryer Hookup
  • Flooring: CarpetVinyl Plank
  • A/C: Electric
  • Heating: Electric

This listing courtesy of Jerome Love, LHS Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Grissom Elementary School

4900 Simsbrook Dr, Houston, TX, 77045

Grades EE-5

0.50 miles away

L

Lawson Middle School

14000 Stancliff St, Houston, TX, 77045

Grades 6-8

0.51 miles away

M

Madison High School

13719 White Heather Dr, Houston, TX, 77045

Grades 9-12

1.52 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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