$239,990
↓ $10K (4%)
●
House -
For Sale
5102 Carmen Street
Houston, TX 77033
3 Beds
2 Baths
1,059 Ft²
$1,443
Est. Monthly
About This Property
Well-maintained home located in an established Houston neighborhood
with convenient access to Hwy 288, Loop 610, the Texas Medical
Center, Downtown Houston, and surrounding employment centers. This
property offers strong investment potential and is currently tenant
occupied, making it an ideal turnkey opportunity for investors
seeking immediate rental income. The home is situated near schools,
parks, shopping, and dining, adding to its long-term desirability
and stability. The lot located next door is also available for
sale...offering a unique opportunity for a combined purchase (5042
Carmen St). Seller is open to a package deal for both properties
for buyers interested in maximizing value and potential.Buyer to
independently verify all property details, including square
footage, room dimensions, utilities, and restrictions.
Unit Size
1,059 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$227
Property Type
House
Property Taxes
$264
HOA Dues
-
Year Built
1948
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (HAR #21508051)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 6, 2026 | Price Decreased |
$239,990
↓ $10K
(4%) | |
| Price Decreased | |||
| Jun 20, 2026 | Listed by Naleek Properties, LLC | $249,990 | |
| Listed by Naleek Properties, LLC | |||
| Nov 23, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2020 | Listed by The Listing Firm | $95,000 | |
| Listed by The Listing Firm | |||
| | |||
|
INVESTORS, BUILDERS, LANDLORDS, CONTRACTORS…CHECK THIS OUT! HUGE 14,400 Lot with a TOTALLY GUTTED HOUSE SOLD AS IS- Great curb appeal and located across the street from a lovely park. The market in SUNNYSIDE IS HOT with new construction selling in the High $200K to Mid $300K range Plenty of room to build additional income producing single or multi family home. Seller will make no repairs. Investors this property is ready for your renovation or teardown. This could be a great fixer upper or investment property. EASY access to Texas Medical Center, Hwy 288, 610 Loop, I-45 & Downtown area. Proof of funds required with offer. Room sizes are approximate. Buyer to verify
| |||
Property Highlights
Interior Details
Full Bathrooms: 2
Appliances: Electric Oven, Microwave, Electric Cooktop, Dishwasher
Flooring Type: Wood
Laundry Features: Electric Dryer Hookup
Exterior Details
Square Footage: 1059
Architectural Style: Traditional
Year Built: 1948
Building Area Total: 1059
Construction Materials: Wood Siding
Lot Features: Subdivided, 0 Up To 1/4 Acre
Lot Size Area: 0.3306
Lot Size Units: Acres
Lot Size Acres: 0.3306
Lot Size Square Feet: 14400.936
Water Source: Public
Financial Details
Tax Annual Amount: $3,171
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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HOA + Taxes
About Southeast Houston
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Listed by: Olu Ogundeyin, Naleek Properties, LLC
Last Updated: 3 months ago
Data Source: HAR , MLS# 21508051
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Last Updated: 3 months ago
Data Source: HAR , MLS# 21508051
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