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2 Beds
1 Bath
1,012 sqft

$85,000

5221 Malmedy Road, Houston TX, 77033

Price per sqft$83.99
Built in1955
Property size1,012 sqft
Property typeResidential

Overview

Active

Listed Oct 6, 2026

Updated 2 days ago

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.

$566/mo

Est. mortgage payment based on a $85,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
37227991

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres
MLS provider logo

 

Courtesy of Teifke Real Estate, Akshaya Patel 

Based on information from the Houston Association of REALTORS as of 10/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 4:21 AM UTC, 10/8/2026

 

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