135 W. 5th Street, Houston, Texas 77565
$345,000
3 Beds
2 Full Baths
Multi-Family
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About 135 W. 5th Street
Investor Special – Fully Occupied Income Property Near Kemah Boardwalk
Excellent cash-flowing investment opportunity in a highly desirable Kemah location. Property is 100% occupied with a strong rental history and units that lease quickly when available.
Property Breakdown:
• 1 – 3 bed / 2 bath single-family home
• 2 – 2 bed / 1 bath units
• 1 – Efficiency unit
Income:
• Gross rental income: $3,700/month
• Additional $150/month from on-site coin-operated laundry
Key Investment Highlights:
• Commercial zoning – potential for future redevelopment or mixed use
• Situated on two lots
• Strong rental demand area
• Value-add potential with future rent increases
• Walking distance to Kemah Boardwalk, Galveston Bay, restaurants, shopping, and Stewart Elementary
Great opportunity for investors seeking immediate income with long-term upside in a high-demand coastal market.
Highlights
135 W. 5th Street
$345,000
Multi-Family
2,206 Home Sq Ft
Houston 77565
3 Beds
2 Full Baths
14,500 Lot Sq Ft
General Description
Taxes & Fees
Tax ID
748500040017000
Tax Rate
1.6758%
Taxes w/o Exemption/Yr
$6,638 / 2025
Maint Fee
No
Interior Features
Fireplace
No
Heating
Electric, Natural Gas
Cooling
Electric, Window Unit(s)
Dishwasher
No
Range
No
Disposal
No
Microwave
No
Loft
No
Exterior Features
Roof
Composition
Private Pool
No
Area Pool
Maybe
New Construction
No
Listing Firm
EVERAGENT
Schools
| Name | Grade | Great School Ranking |
|---|---|---|
| Stewart Elem (Clear Creek) | Elementary | 5 of 10 |
| Bayside Intermediate | Middle | 7 of 10 |
| Clear Falls High | High | 7 of 10 |
School information is generated by the most current available data we have. However, as school boundary maps can change, and schools can get too crowded (whereby students zoned to a school may not be able to attend in a given year if they are not registered in time), you need to independently verify and confirm enrollment and all related information directly with the school.
