7338 Guadalcanal Road
Houston, TX 77033
930 sqft | 4 beds | 1 bath | 0.13 acres | #50517277
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 strong rental performance with a lease secured through February 2026. Significant upgrades were completed during a major renovation in 2015, including the addition of two bedrooms, new siding, roof replacement, and a full interior remodel with updated plumbing and electrical systems. Most recently, flooring was replaced in 2024, ensuring modern aesthetics and functionality. The property is equipped with central HVAC, providing additional tenant appeal.
Condition & Value-Add:
While the kitchen remains slightly dated, all major systems have been updated in recent years, leaving only discretionary improvements for potential value enhancement.
Perfect for institutional investors.
Property Details
- Lot DescriptionBack Yard, Subdivided, 0 Up To 1/4 Acre
- Elementary SchoolKELSO ELEMENTARY SCHOOL
- Property SubtypeSingle Family Residence
- Middle SchoolAttucks Middle School
- High SchoolWORTHING HIGH SCHOOL
- StyleContemporary/Modern
- InteriorAll Bedrooms Down
- Structure TypeFree Standing
- Sewer InformationPublic Sewer
- School District27 - Houston
- SubdivisionSouth Park
- Property TypePurchase
- MLS #50517277
- MLS #50517277
- Acres0.1269
- Utility SourcePublic
- CountyHarris
- Taxes Annual$2,821
- Cost210000
- Year Built1950
- FoundationSlab
- Square Feet930
- Bedrooms4
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated:Â . Source: HARMLS
Listing Courtesy
Listing Agent: Jerome Love (#JLOVE)
Listing Office: LHS Realty Group (#LHSR01)
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