$225,000
$60K PRICE DROP

5234 Ripplebrook Dr Houston, TX 77045

Central Southwest Neighborhood

Estimated payment $1,545/month

Total Views 1,731
4 Beds
1 Bath
1,292 Sq Ft
$174 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Vinyl Plank Flooring
  • South Facing Home
  • Living Room
  • Central Heating and Cooling System
  • Wood Siding

About This Home

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 Agent

Jerome Love

LHS Realty Group License #0466659 Listed on: 07/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,147

Year Built

  • Built in 1958

Lot Details

  • 7,080 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Free-Standing Range

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Schools

  • Grissom Elementary School
  • Lawson Middle School
  • Madison High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Post Oak Village Sec 02 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,147

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Directions: s post oak to orem lockway to ripplebrook
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1958
  • Lot Size Acres: 0.1625
  • Road Surface Type: Asphalt
  • Subdivision Name: Post Oak Village Sec 02
  • Architectural Style: Contemporary/Modern
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Free-Standing Range, Oven
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Plank, Vinyl
  • Living Area: 1292.0
  • Dining Room Type: Living Room

Exterior Features

  • Disclosures: None
  • Roof: Composition
  • Fencing: Back Yard
  • Lot Features: Subdivision
  • Pool Private: No
  • Construction Type: Vinyl Siding, Wood Siding
  • Direction Faces: South
  • Exterior Features: Fence, Private Yard
  • Foundation Details: Slab

Utilities

  • Laundry Features: Electric Dryer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: GRISSOM ELEMENTARY SCHOOL
  • Junior High Dist: 27 - Houston
  • High School: MADISON HIGH SCHOOL (HOUSTON)
  • Middle Or Junior School: LAWSON MIDDLE SCHOOL

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4147.0

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2024 $3,958 $189,150 $47,061 $142,089
2023 $3,958 $176,835 $33,117 $143,718
2022 $3,849 $167,200 $13,944 $153,256
2021 $3,140 $134,736 $13,944 $120,792
2020 $3,048 $120,890 $13,944 $106,946
2019 $2,452 $93,231 $13,944 $79,287
2018 $506 $20,000 $13,944 $6,056
2017 $1,495 $56,894 $13,944 $42,950
2016 $1,372 $52,192 $13,944 $38,248
2015 $1,122 $52,192 $13,944 $38,248
2014 $1,122 $43,653 $13,944 $29,709
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $225,000 -21.1% $174 / Sq Ft
07/25/2025 07/25/25 For Sale $285,000 0.0% $221 / Sq Ft
06/08/2022 06/08/22 Rented $1,385 0.0% --
04/30/2022 04/30/22 For Rent $1,385 -- --
Source: Houston Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,750 New Conventional
Source: Public Records

Source: Houston Association of REALTORS®

MLS Number: 94648607

Houston Association of REALTORS®

APN: 0910100000036

Texas Harris County Houston 77045 Central Southwest

5234 Ripplebrook Dr, Houston, TX

This home is located at 5234 Ripplebrook Dr, Houston, TX 77045 and is currently priced at $225,000, approximately $174 per square foot. This property was built in 1958. 5234 Ripplebrook Dr is a home located in Harris County with nearby schools including Virgil I. Grissom Elementary School, Dowling Middle School, and James Madison High School.

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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Listing Agent
Jerome Love
Section Image
LHS Realty Group
(346) 637-5772