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5221 Malmedy Road

Houston, TX 77033
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Just listedJust listed
2 Bedroom(s)
1 Full Bath(s)
1,012 Sqft
5,692 Lot Sqft
Single-Family

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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.

MLS#
37227991
List Price
$85,000 ($84/Sqft.)
Listing Status
For Sale
Address
5221 Malmedy Road
City
Houston
State
TX
Zip Code
77033
County
Harris County
Legal Description
LT 16 BLK 9 South Park
Property Type
Single-Family
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Stories
1
Building Size
1,012 Sqft/Appraisal District
Architecture Style
Traditional
Year Built
1955 /Appraisal District
Lot Size
5,692 Sqft/Appraisal District
Market Area

Rooms

Living
18 x 13, 1st
Kitchen
12 x 10, 1st
Bedroom
12 x 10, 1st
Bedroom
12 x 10, 1st
Bath
10 x 8, 1st

Exterior

Roof
Wood Shingle
Foundation
Slab
Private Pool
No
Exterior Type
Wood
Lot Description
Other
Water Sewer
Public Water

Extra details you may need to know

Dwelling Type
Free Standing
HOA Mandatory
No
List Type
Exclusive Right to Sell/Lease

Financial information

Financing Considered
Cash Sale, Conventional, FHA, Investor, VA
Other Fees
No
Maintenance Fee
No

Interior

Cooling
Window Units
Heating
No Heating

Lot Information

Lot Size
5,692 Sqft. /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

Houston Association of REALTORS®
Source last updated Oct 10, 2026 at 05:16 PM
Listing last updated Oct 7, 2026 at 04:56 AM
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Estimated Monthly Payments

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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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