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11422 Log Cabin Ln
D- Composite 37.5
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +9.7/15.0
  • Cash flow +9.0/30.0
  • Schools +4.1/10.0
  • Livability +3.7/5.0
  • 1% rule +3.6/10.0
  • DSCR +2.5/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$230,000

11422 Log Cabin Ln · Houston, TX 77375
3 bd · 2.5 ba · 1,629 sqft · SingleFamily public records · 31 Days on market
Built 2005 4,399 sqft lot $141/sqft · 14% above area Est $242k · at est. $33/mo HOA · 2% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 11422 Log Cabin Lane, a well-maintained 3-bedroom, 2.5-bath home offering nearly 1,950 sq. ft. of living space in the desirable Northern Point community. Built in 2005, this two-story residence features an open and functional layout with bright interiors designed for comfort and convenience. The spacious backyard is perfect for gatherings and outdoor enjoyment. Located in sought-after Klein ISD, this home offers easy access to nearby shopping, dining, and major highways, making it ideal for both commuters and families. With its combination of thoughtful design, solid construction, and prime location, this property is a fantastic opportunity in Tomball. Schedule your showing today!

Key facts

  • Spacious backyard
  • Klein isd
  • 4,399 sq ft lot

Tags

SPACIOUS BACKYARDNORTHERN POINT COMMUNITYKLEIN ISDEASY ACCESS TO SHOPPINGEASY ACCESS TO DININGEASY ACCESS TO MAJOR HIGHWAYS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath single-family listed at $230k.

Deal economics

  • At list price, monthly cash flow is $-181 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $198k (13.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $198k (13.7% below list).
  • Recommended offer: $198k (13.9% below list) — sets the bar for cash-flow.
  • Cap rate 5.4% vs local median 3.2% in Houston — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 74/100 on livability (#184 in TX, #4,771 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools D, crime F.
  • Klein ISD (suburban): math 41% / reading 48% proficiency, ranked #213 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents soft (-0.5%/yr); 654 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $198,080 (13.9% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.86%
Cap rate
5.35%
Cash-on-cash
-3.37%
DSCR
0.85
GRM
9.7

CMA / ARV

ARV (median comp)
$241,797
List price
$230,000
Delta
-0.74%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19718 Moose Cove Ct 0.26mi 3/2.0 1,670 (+2%) 0mo $249,900 $150 81
11338 Log Cabin Ln 0.06mi 3/2.5 1,480 (-9%) 2mo $240,000 $162 80
19815 Rocky Shores Dr 0.42mi 3/2.0 1,677 (+3%) 1mo $260,000 $155 73
11714 Sunny Stream Dr 0.37mi 4/2.5 (+1) 1,678 (+3%) 2mo $239,900 $143 71
11202 Log Cabin Ln 0.13mi 3/2.0 1,440 (-12%) 2mo $230,000 $160 71
19235 Tannach Dr 0.51mi 4/2.5 (+1) 1,628 (-0%) 0mo $295,000 $181 71
11311 Dahlia Dale Dr 0.17mi 3/2.0 1,804 (+11%) 2mo $279,800 $155 70
19714 Moose Cove Ct 0.26mi 4/2.0 (+1) 1,757 (+8%) 1mo $245,000 $139 67
11214 Kingsnorth Dr 0.32mi 3/2.0 1,390 (-15%) 2mo $275,000 $198 57
11942 Sonora Springs Dr 0.63mi 3/2.0 1,745 (+7%) 1mo $255,000 $146 56
19118 Avalon Springs Dr 0.60mi 4/2.0 (+1) 1,775 (+9%) 2mo $249,000 $140 48
19727 Village Ridge Dr 0.66mi 3/2.0 1,854 (+14%) 3mo $271,500 $146 42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-25.7%
Equity multiple
0.15×
Total profit
$-54,467
Equity at exit
$34,294
10-year hold
IRR
-37.8%
Equity multiple
-0.31×
Total profit
$-84,205
Equity at exit
$19,886

Cash invested: $64,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 77375

Home prices YoY
-33.9%
Rents YoY
-0.5%
Active inventory
654
Price-to-rent
9.7×

Monthly cashflow live

Estimated rent
$1,985 high interval (Pro) →
Mortgage (P&I)
$1,206
Tax from tax record
$414 /mo · $4,963/yr
Insurance
$96
HOA
$33
Vacancy / Maint / Mgmt
$417
Net cashflow
$-181

Break-even live

Break-even rent $2,213
Max offer price $198,080
Occupancy floor

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$57,500
Closing costs
$6,900
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 12 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19414 Ambrosia Falls Dr Tomball, TX 3.0 2.0 1344 $1,695 $1.26 24d 1 0.25mi
11114 Kingsnorth Dr Tomball, TX 3.0 2.0 1620 $1,869 $1.15 7d 1 0.31mi
19418 Sandy Woods Dr Tomball, TX 4.0 2.5 2000 $2,000 $1.00 24d 1 0.35mi
11811 Sunny Stream Dr Tomball, TX 3.0 2.5 1740 $1,785 $1.03 43d 1 0.45mi
11706 Sardis Lake Dr Unit 1570350P Tomball, TX 3.0 2.0 1194 $5,540 $4.64 1d 1 0.49mi
11810 Rolling Stream Dr Tomball, TX 3.0 2.5 1590 $1,700 $1.07 16d 1 0.49mi
11411 Edmond Thorpe Ln Tomball, TX 3.0 2.0 1347 $2,750 $2.04 43d 1 0.55mi
10921 Boudreaux Rd Tomball, TX 1.0–3.0 1.0–2.0 1088 $1,980 $1.82 2d 42 0.66mi
11201 Boudreaux Cir Tomball, TX 1.0–3.0 1.0–2.0 1069 $1,799 $1.68 43d 1 0.66mi
11743 Northpointe Blvd Tomball, TX 1.0–2.0 1.0–2.0 986 $1,699 $1.72 1d 19 1.32mi
11740 Northpointe Blvd Tomball, TX 1.0–3.0 1.0–2.0 1198 $2,423 $2.02 1d 17 1.42mi
18315 Westlock St Tomball, TX 3.0 2.0 1137 $1,700 $1.50 16d 1 1.45mi

HOA detail

Monthly dues
$33 · $396/yr

Listing history 31 events

  1. 2026-06-18
    days on market $230,000 Active 31 DOM
  2. 2026-06-17
    days on market $230,000 Active 30 DOM
  3. 2026-06-16
    days on market $230,000 Active 29 DOM
  4. 2026-06-15
    days on market $230,000 Active 28 DOM
  5. 2026-06-13
    pricedays on market $230,000 Active 26 DOM
  6. 2026-06-09
    days on market $235,000 Active 22 DOM
  7. 2026-06-08
    days on market $235,000 Active 21 DOM
  8. 2026-06-07
    days on market $235,000 Active 20 DOM
  9. 2026-06-04
    days on market $235,000 Active 17 DOM
  10. 2026-06-03
    days on market $235,000 Active 16 DOM
  11. 2026-06-02
    days on market $235,000 Active 15 DOM
  12. 2026-06-01
    days on market $235,000 Active 14 DOM
  13. 2026-05-31
    days on market $235,000 Active 13 DOM
  14. 2026-05-18
    listed $235,000 Active 700-char remark
    Show marketing remark (700 chars)

    Welcome to 11422 Log Cabin Lane, a well-maintained 3-bedroom, 2.5-bath home offering nearly 1,950 sq. ft. of living space in the desirable Northern Point community. Built in 2005, this two-story residence features an open and functional layout with bright interiors designed for comfort and convenience. The spacious backyard is perfect for gatherings and outdoor enjoyment. Located in sought-after Klein ISD, this home offers easy access to nearby shopping, dining, and major highways, making it ideal for both commuters and families. With its combination of thoughtful design, solid construction, and prime location, this property is a fantastic opportunity in Tomball. Schedule your showing today!

  15. 2026-05-18
    historical
    Show marketing remark (700 chars)

    Welcome to 11422 Log Cabin Lane, a well-maintained 3-bedroom, 2.5-bath home offering nearly 1,950 sq. ft. of living space in the desirable Northern Point community. Built in 2005, this two-story residence features an open and functional layout with bright interiors designed for comfort and convenience. The spacious backyard is perfect for gatherings and outdoor enjoyment. Located in sought-after Klein ISD, this home offers easy access to nearby shopping, dining, and major highways, making it ideal for both commuters and families. With its combination of thoughtful design, solid construction, and prime location, this property is a fantastic opportunity in Tomball. Schedule your showing today!

  16. 2026-04-20
    price $240,000
  17. 2026-01-19
    price $245,000
  18. 2025-12-08
    price $247,500
  19. 2025-11-07
    price $251,800
  20. 2025-10-17
    price $255,000
  21. 2025-10-02
    listed $259,900 Active
  22. 2023-11-07
    historical $1,695
  23. 2023-09-24
    listed $1,695
  24. 2014-09-15
    soldstatus
  25. 2014-09-12
    status Pending
  26. 2014-09-12
    soldstatus Sold
  27. 2014-09-09
    status Pending, Continue to Show
  28. 2014-08-25
    status Option Pending
  29. 2014-08-14
    listed $127,000 Active
  30. 2014-08-06
    historical
  31. 2014-06-27
    listed $135,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$4,963 · $414/mo
Projected year-2 tax
$4,963 · $414/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$23,815
− Mortgage interest
−$12,884
− Property taxes
−$4,963
− Insurance
−$1,150
− Repairs & maintenance
−$1,905
− Management
−$1,905
− HOA
−$396
− Depreciation
−$6,691
Taxable loss
−$6,078
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,459
After-tax cash flow
$-710/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Klein ISD
NCES district ID
4825740
Math proficiency
41% ▼ -12.00%
Reading proficiency
48% ▼ -3.00%
Median HH income
$78,288
Composite
40.91/100
National rank
#3615
State rank
#213 of 826 in TX

Livability — Houston

Score
74/100
State rank
#184
US rank
#4771

Category grades

Amenities A+ Commute A Cost of living A+ Crime F Employment C Housing A+ Health & safety A- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Harris County · 4,702,590 people
City population
3,226,434
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
72,311
Household income
$102,488
Rent vs Own
30.2% rent · 69.8% own
Severe rent burden
1803.0

Population outlook (Harris County) Hauer SSP2

Today (2025)
5,571,493 people
By 2030
6,089,821 · +9.3%
By 2040
7,142,806 · +28.2%
By 2050
8,185,864 · +46.9%
By 2075
10,574,329 · +89.8%
By 2100
12,109,958 · +117.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
White 48% Hispanic / Latino 33% Two or more races 13% Black 10% Asian 6% Native American 2%
Hispanic origin (detail)
Mexican 23%
Common ancestry
Italian 2% Lithuanian 2% Slovak 2%
Foreign-born
17% · Canada, Vietnam, Jamaica
Languages at home
72% English-only · Spanish 22% Other Indo-European 2% Vietnamese 2%

Political lean MEDSL · Harris

2024 margin
Lean D (+5.5) · D 52.0% · R 46.4% · Other 1.6%
2008→2024 swing
+3.9pp toward D · 2008: 1.6pp · 2024: 5.5pp
All cycles
2024: D+5.5 2020: D+13.3 2016: D+12.4 2012: D+0.1 2008: D+1.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -119.81%
Current HPI
233.6155
Rent YoY
▼ -0.49%
Metro
Houston-The Woodlands-Sugar Land, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+74.1% since first listed
18 events — show timeline
  • 2026-05-18 Listing Removed HARMLS
  • 2026-05-18 Listed $235,000 HARMLS
  • 2026-04-20 Price Changed $240,000 HARMLS
  • 2026-01-19 Price Changed $245,000 HARMLS
  • 2025-12-08 Price Changed $247,500 HARMLS
  • 2025-11-07 Price Changed $251,800 HARMLS
  • 2025-10-17 Price Changed $255,000 HARMLS
  • 2025-10-02 Listed $259,900 HARMLS
  • 2023-11-07 Rental Removed $1,695 RENT.
  • 2023-09-24 Listed for Rent $1,695 RENT.
  • 2014-09-15 Sold (Public Records) Public Records
  • 2014-09-12 Pending HARMLS
  • 2014-09-12 Sold (MLS) HARMLS
  • 2014-09-09 Pending HARMLS
  • 2014-08-25 Pending HARMLS
  • 2014-08-14 Listed $127,000 HARMLS
  • 2014-08-06 Listing Removed HARMLS
  • 2014-06-27 Listed $135,000 HARMLS

Property tax history

+6.4%/yr

Latest (2025): $4,963 · +2.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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