5234 Ripplebrook Drive, Houston, TX 77045
- 4 beds |
- 1 bath |
- 1,292 sqft
Single-Family Home
Built in 1958
7,079sqft lot
—— car garage
$221/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Grissom Elementary School
4900 Simsbrook Dr, Houston, TX, 77045
Grades EE-5
0.50 miles away
Lawson Middle School
14000 Stancliff St, Houston, TX, 77045
Grades 6-8
0.51 miles away
Madison High School
13719 White Heather Dr, Houston, TX, 77045
Grades 9-12
1.52 miles away