$85,000
2 Bed
1 Bath
1,012 Sqft

5221 Malmedy Road, Houston, Texas 77033

  • Residential Property Type
  • 1,012 Sqft Square Footage
  • 1955 Year Built
Property Description

Investor special!!!! Property is currently a 2-bedroom, 1-bath. Property is selling at below lot value, which is at $115k. House will need considerable work to flip, but if you want to make this a rental, house was previously rented at $1k per month, with less than $5, 000 needed to get ready to re-rent. House has two sections, one section is livable and that is the 2/1 and the other section was used for storage. House is being sold as is condition. Market lot value is $115k currently. There are 3 options for this home. 1) about 40k need to get ready to flip and covert the extra space to either an extra bedroom or garage with storage, 2) about $7, 500 to get minimal rent ready to rent at $1200/month, 3) Tear down and rebuild house is below lot value. House is currently boarded to prevent anyone from entry.

Basic Details
Residential
For Sale
37227991
$85,000
2
5
1
1,012 Sqft
1955
1
Detached
: Shingle, Wood
Active
$0
Features
: None
: Window Unit(s)
: Traditional
$0
Address Map
TX
Harris
Houston
77033
Malmedy Road
5221
W96° 39' 30.8''
N29° 41' 5.2''
Property is close to Highway 610 South Loop East and Martin Luther King Blvd.
3
Neighborhood
KELSO ELEMENTARY SCHOOL
27 - Houston
WORTHING HIGH SCHOOL
27 - Houston
27 - Houston
ATTUCKS MIDDLE SCHOOL
MLS Addon
Teifke Real Estate
Akshaya Patel
$0
$0
$0
$0
$0
Additional Information
1012
: Wood Siding
: Slab
: One
: Other
2026-10-06
1
: Public
Listing Information
ampatel
TEIF01
Cash, Conventional, FHA, Investor Financing, VA Loan
Active
2026-10-07T09:01:19Z
HAR
2026-10-06T09:17:39Z
Speer Companies Brokerage
Speer Companies Brokerage
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