$479,900
$10K PRICE DROP

Estimated payment $3,038/month

Total Views 405
5 Beds
5 Baths
1,768 Sq Ft
$271 Price per Sq Ft

About This Home

Introducing the Yellow Bungalow, a rare opportunity to acquire a fully operational, income producing short term rental, vacation rental, and Airbnb triplex in one of Houston's most exciting growth corridors. The property consists of three units: two 2 bedroom, 2 bathroom units and one 1 bedroom, 1 bathroom unit. The property conveys fully furnished with linens, supplies, furnishings, and smart home technology, allowing a new owner to step into a turnkey business and begin generating revenue from day one. A previous owner completed a renovation down to the studs, blending historic charm with modernized systems. Acquired as long term rentals in 2023 and converted to short term rentals in 2024, the Yellow Bungalow offers two full years of short term rental operating history. Generating approx $85k in annual gross revenue, this property delivers a compelling combination of character and cash flow. Turnkey multifamily opportunities with proven STR performance rarely come to market.

Listing Agent

Matthew Marcelissen

eXp Realty LLC License #0566751 Listed on: 06/14/2026

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1935

Lot Details

  • 3,500 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Schools

  • Sherman Elementary School
  • Fleming Middle School
  • Northside High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 3 Units
  • Parker Smith Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,357

Year Built

Built in 1935

Lot Details

3,500 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Year Built: 1935
  • Subdivision Name: Parker Smith
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Triplex
  • UniversalParcelId: urn:reso:upi:2.0:US:48201:033-173-000-0012
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Living Area: 1768.0

Exterior Features

  • Disclosures: Owner Is Listing Agent
  • Roof: Composition

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: SHERMAN ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: NORTHSIDE HIGH SCHOOL
  • Middle Or Junior School: FLEMING MIDDLE SCHOOL

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 5357.0

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,357 $288,400 $81,900 $206,500
2024 $4,395 $210,041 $81,900 $128,141
2023 $4,395 $221,841 $81,900 $139,941
2022 $4,150 $188,471 $62,563 $125,908
2021 $3,629 $155,695 $47,775 $107,920
2020 $2,906 $134,492 $36,400 $98,092
2019 $2,783 $110,000 $36,400 $73,600
2018 $2,299 $90,855 $22,750 $68,105
2017 $1,420 $56,170 $22,750 $33,420
2016 $1,449 $57,321 $20,475 $36,846
2015 $1,028 $40,000 $11,375 $28,625
2014 $1,028 $40,000 $11,375 $28,625
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2026 06/30/26 Price Changed $479,900 -1.8% $271 / Sq Ft
06/23/2026 06/23/26 Price Changed $488,900 -0.2% $277 / Sq Ft
06/14/2026 06/14/26 For Sale $489,900 +291.9% $277 / Sq Ft
12/30/2021 12/30/21 Off Market -- -- --
10/26/2018 10/26/18 Sold -- -- -- View Prior Sale
09/26/2018 09/26/18 Pending -- -- --
07/29/2018 07/29/18 For Sale $125,000 -- $71 / Sq Ft
Source: Houston Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- Alamo Title Company
Vendors Lien -- None Available
Vendors Lien -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $374,000 New Conventional
Previous Owner $85,000 Commercial
Source: Public Records

Source: Houston Association of REALTORS®

MLS Number: 95973888

Houston Association of REALTORS®

APN: 0331730000012

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