5221 Malmedy Road, Houston, TX 77033

• 2 beds |
• 1 bath |
• 1,012 sqft

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.

Listing Status:

Active

Date Added:

October 6, 2026

Data Last Updated:

October 13, 2026 at 7:07AM

Listing Office:

Teifke Real Estate : 512-870-8184

Listing Agent:

Akshaya Patel : 1+512-579-1855

MLS ID:

37227991

Interior

• A/C: Window Unit(s)
• Heating: None

Exterior

• Style: Traditional

Construction

• Roofing: Wood
• General: Wood Siding1Slab

Location

• Originating MLS: Houston Association of Realtors
• School District: 27 - Houston
• County: Harris

Lot

• Zoning: LT 16 BLK 9 South Park7051900090016

Utilities

• Water: Public

Financial

• Source: Houston Association of Realtors