4019 Cedar Forest Dr · Houston, TX
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 8/10 · Major
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +10.8/15.0
- Cash flow +6.9/30.0
- Appreciation +5.2/10.0
- Schools +3.9/10.0
- Livability +3.7/5.0
- 1% rule +3.1/10.0
- Condition / age +2.5/5.0
- Rent growth +2.4/5.0
- DSCR +1.1/10.0
$245,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
Key facts
- Pex plumbing
- Cathedral ceilings
- Model home
Tags
Property features AI
Finance
- HOA & community: Association: Sterling ASI; Annual association fee of $400
Exterior
- Parking: Detached garage; Driveway; 2 garage spaces
- Security: Prewired for security; Leased security system; Smoke detectors
- Utilities: Public water; Public sewer
- Home design: Residential property; Faces east; Built in 1978; Entry level: First floor
- Construction: Brick and wood siding; Composition roof; Slab foundation
- Exterior features: Private yard; Fence (back yard); Concrete road surface; Subdivision lot
Interior
- Kitchen: Gas cooktop; Double oven; Dishwasher; Disposal; Refrigerator; Breakfast nook (First floor, 9x9)
- Bedrooms: Primary bedroom (First floor, 15x15); Bedroom (First floor, 13x11); Bedroom (First floor, 12x11)
- Flooring: Carpet; Plank; Tile; Vinyl
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (Gas); Central electric air conditioning
- Interior features: High ceilings; Dry bar; Pantry; Double vanity; Tub/shower combo; Gas log fireplace (1)
- Laundry & utility: Utility room (First floor, 8x7); Washer hookup; Electric dryer hookup
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $245k.
Deal economics
- At list price, monthly cash flow is $-370 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $180k (26.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $198k (19.3% below list).
- Recommended offer: $180k (26.7% below list) — sets the bar for cash-flow.
- Cap rate 4.5% 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: crime F.
- Humble ISD (urban): math 38% / reading 44% proficiency, ranked #262 of 826 in TX (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Kingwood Middle (math 39% / reading 44%, grade F, #595 of 1,662 statewide, top 37%, 1,002 students, 48% FRL); Kingwood Park H S (math 48% / reading 56%, grade D+, #447 of 1,632 statewide, top 29%, 1,950 students, 32% FRL).
- Market conditions: Rents soft (-0.6%/yr); 311 active listings in the ZIP; 20 comparable units currently listed for rent nearby; rentals at typical pace (median 24d 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
- In year one you build about $3k of equity ($2k loan paydown + $1k appreciation (0.5% local appreciation)).
- Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 10, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 42 days — a 3% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 5y 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
- Watch-outs: property tax is 2.5% of price.
- 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.
Questions for the listing agent
- 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?
- It's been on market 42 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.81% ✗
- Cap rate
- 4.48%
- Cash-on-cash
- -6.47%
- DSCR
- 0.71
- GRM
- 10.3
CMA / ARV
- ARV (median comp)
- $264,135
- List price
- $245,000
- Delta
- -7.24%
- 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 |
|---|---|---|---|---|---|---|---|
| 3126 Holly Green Dr | 0.20mi | 3/2.0 | 1,997 (-4%) | 2mo | $260,000 | $130 | 82 |
| 3907 Holly Green Ct | 0.31mi | 4/2.0 (+1) | 2,035 (-3%) | 0mo | $269,786 | $133 | 76 |
| 3626 Bear Lake Dr | 0.42mi | 4/2.5 (+1) | 2,052 (-2%) | 1mo | $345,000 | $168 | 70 |
| 3618 Riverwood Park Dr | 0.50mi | 3/2.0 | 1,997 (-4%) | 1mo | $269,990 | $135 | 69 |
| 3514 Appalachian Trl | 0.51mi | 3/2.5 | 2,155 (+3%) | 1mo | $250,000 | $116 | 69 |
| 5122 Creek Shadows Dr | 0.73mi | 3/2.5 | 2,072 (-1%) | 0mo | $299,900 | $145 | 62 |
| 3131 Beaver Glen Dr | 0.56mi | 4/2.5 (+1) | 1,968 (-6%) | 1mo | $299,900 | $152 | 56 |
| 3747 Clear Falls Dr | 0.57mi | 3/3.0 | 2,251 (+8%) | 1mo | $240,000 | $107 | 56 |
| 5011 Shady Maple Dr | 0.67mi | 4/2.5 (+1) | 2,178 (+4%) | 1mo | $298,000 | $137 | 54 |
| 3211 Park Garden Dr | 0.64mi | 4/2.0 (+1) | 2,233 (+7%) | 1mo | $289,999 | $130 | 53 |
| 3754 Glade Forest Dr | 0.60mi | 3/2.0 | 1,787 (-15%) | 2mo | $235,000 | $132 | 46 |
| 3215 Park Garden Dr | 0.64mi | 4/2.5 (+1) | 2,376 (+14%) | 2mo | $319,900 | $135 | 39 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
0.48% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -9.4%
- Equity multiple
- 0.55×
- Total profit
- $-30,800
- Equity at exit
- $77,040
- IRR
- -5.5%
- Equity multiple
- 0.41×
- Total profit
- $-40,293
- Equity at exit
- $97,455
Cash invested: $68,600 (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
ZIP-level market 77339
- Home prices YoY
- 0.2%
- Rents YoY
- -0.6%
- Active inventory
- 311
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $1,976 high interval (Pro) →
- Mortgage (P&I)
- −$1,285
- Tax from tax record
- −$511 /mo · $6,138/yr
- Insurance
- −$102
- HOA
- −$33
- Vacancy / Maint / Mgmt
- −$415
- Net cashflow
- $-370
Break-even live
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
- $61,250
- Closing costs
- $7,350
- 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 20 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 4535 Echo Falls Dr Kingwood, TX | 4.0 | 2.5 | 2184 | $2,145 | $0.98 | 2d | 1 | 0.19mi |
| 3122 Birch Creek Dr Kingwood, TX | 3.0 | 2.0 | 1446 | $1,624 | $1.12 | 24d | 1 | 0.30mi |
| 3327 Sycamore Springs Dr Kingwood, TX | 3.0 | 2.0 | 1619 | $1,575 | $0.97 | 18d | 1 | 0.38mi |
| 3327 Sycamore Springs Dr Kingwood, TX | 3.0 | 2.0 | 1619 | $1,683 | $1.04 | 22d | 1 | 0.38mi |
| 3303 Sycamore Springs Dr Kingwood, TX | 4.0 | 2.5 | 2010 | $2,006 | $1.00 | 5d | 1 | 0.39mi |
| 3007 Birch Creek Dr Humble, TX | 3.0 | 2.0 | 1603 | $1,795 | $1.12 | 24d | 1 | 0.39mi |
| 3619 Maple Glen Dr Kingwood, TX | 4.0 | 2.0 | 2332 | $2,149 | $0.92 | 17d | 1 | 0.42mi |
| 3714 Windy Haven Dr Kingwood, TX | 3.0 | 2.0 | 1454 | $1,799 | $1.24 | 43d | 1 | 0.71mi |
| 5110 Shady Gardens Dr Kingwood, TX | 3.0 | 3.0 | 1548 | $1,800 | $1.16 | 5d | 1 | 0.76mi |
| 4031 Sherwood St W Kingwood, TX | 3.0 | 2.0 | 1541 | $1,850 | $1.20 | 43d | 1 | 0.82mi |
| 3514 Creek Manor Dr Kingwood, TX | 4.0 | 2.5 | 2274 | $1,995 | $0.88 | 43d | 1 | 0.83mi |
| 3918 Forest Village Dr Kingwood, TX | 4.0 | 2.5 | 2354 | $2,350 | $1.00 | 24d | 1 | 0.91mi |
| 4318 Pinewood Park Dr Kingwood, TX | 2.0 | 2.0 | 1634 | $2,100 | $1.29 | 43d | 1 | 0.94mi |
| 3806 Village Oaks Dr Kingwood, TX | 4.0 | 2.5 | 2465 | $2,300 | $0.93 | 22d | 1 | 1.02mi |
| 5706 Straight Way Kingwood, TX | 4.0 | 2.5 | 2346 | $2,095 | $0.89 | 15d | 1 | 1.04mi |
| 5714 Straight Way Kingwood, TX | 3.0 | 2.0 | 1788 | $1,830 | $1.02 | 19d | 1 | 1.06mi |
| 9323 Darby Knoll Way Porter, TX | 4.0 | 2.5 | 2182 | $2,595 | $1.19 | 43d | 1 | 1.13mi |
| 2315 Shadbury Ct Kingwood, TX | 3.0 | 2.0 | 1487 | $1,725 | $1.16 | 43d | 1 | 1.21mi |
| 2222 Riverford Dr Kingwood, TX | 3.0 | 3.0 | 1908 | $1,895 | $0.99 | 24d | 1 | 1.36mi |
| 2215 Silver Falls Dr Kingwood, TX | 4.0 | 2.0 | 2004 | $2,075 | $1.04 | 43d | 1 | 1.43mi |
HOA detail
- Monthly dues
- $33 · $396/yr
- Likely covers
- gas
Listing history 31 events
-
2026-06-18days on market $245,000 Active 42 DOM
-
2026-06-17days on market $245,000 Active 41 DOM
-
2026-06-16days on market $245,000 Active 40 DOM
-
2026-06-15days on market $245,000 Active 39 DOM
-
2026-06-13days on market $245,000 Active 37 DOM
-
2026-06-13days on market $245,000 Active 36 DOM
-
2026-06-09days on market $245,000 Active 33 DOM
-
2026-06-08days on market $245,000 Active 32 DOM
-
2026-06-07days on market $245,000 Active 31 DOM
-
2026-06-04days on market $245,000 Active 28 DOM
-
2026-06-03days on market $245,000 Active 27 DOM
-
2026-06-02days on market $245,000 Active 26 DOM
-
2026-06-01days on market $245,000 Active 25 DOM
-
2026-05-31days on market $245,000 Active 24 DOM
-
2026-05-07$245,000 Active 524-char remark
-
2026-05-05historical
-
2026-04-23price $245,000
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2026-04-01price $250,000
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2026-03-12price $255,000
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2026-01-29price $260,000
-
2025-12-17$270,000 Active
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2022-01-03soldstatus
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2022-01-03soldstatus
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2021-12-28soldstatus Sold
Show marketing remark (1029 chars)
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
-
2021-12-05status Pending
Show marketing remark (1029 chars)
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
-
2021-11-30status Option Pending
Show marketing remark (1029 chars)
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
-
2021-11-18status Active
Show marketing remark (1029 chars)
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
-
2021-11-18status Pending
Show marketing remark (1029 chars)
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
-
2021-11-12status Option Pending
Show marketing remark (1029 chars)
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
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2021-11-04$220,000 Active
Show marketing remark (1029 chars)
A rare find! Lovely and spacious one-story home with gorgeous yard and plenty of shade trees! Originally a Perry Homes model, this 3 bed/2 bath home comes equipped with a 20kw NATURAL GAS GENERATOR to power the entire house in case of an outage. The living room has a cathedral ceiling with elegant beams, and a wood-burning fireplace with gas log. Solar screens on west-facing windows allow lots of natural light, while reducing utility bills. Kitchen features a large walk-in pantry, double ovens, and refrigerator that will remain with the home (separate fridge in utility room also stays). The spacious owner’s retreat has an en-suite bath, double sinks, and separate closets. Outside is a 2-car detached garage, and a wood deck with beautiful pergola, perfect for barbeques or simply relaxing in the backyard. An absolute MUST-SEE, this hidden gem is located in peaceful Elm Grove Village with easy access to 59. NEVER FLOODED. This one won't last long...schedule your private tour today!
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1988-06-09soldstatus
ⓘ 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
- $6,138 · $511/mo
- Projected year-2 tax
- $6,138 · $511/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 8/10 Severe 7 d/yr ≥111°F today · 23 d/yr by 30 yrs out
- Wind 9/10 Extreme 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,718
- − Mortgage interest
- −$13,724
- − Property taxes
- −$6,138
- − Insurance
- −$1,225
- − Repairs & maintenance
- −$1,897
- − Management
- −$1,897
- − HOA
- −$396
- − Depreciation
- −$7,127
- Taxable loss
- −$8,687
- Est. tax savings @ 24.0%
- +$2,085
- After-tax cash flow
- $-2,355/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
- Humble ISD
- NCES district ID
- 4823910
- Math proficiency
- 38% ▼ -11.00%
- Reading proficiency
- 44% ▼ -7.00%
- Median HH income
- $83,946
- Composite
- 38.55/100
- National rank
- #4171
- State rank
- #262 of 826 in TX
Livability — Houston
- Score
- 74/100
- State rank
- #184
- US rank
- #4771
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Houston, TX
- County
- Harris County · 4,702,590 people
- City population
- 3,226,434
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 44,538
- Household income
- $84,102
- Rent vs Own
- Severe rent burden
- 2198.0
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 0.58)
- Race & ethnicity
- White 59% Hispanic / Latino 24% Two or more races 13% Black 5% Asian 5%
- Hispanic origin (detail)
- Mexican 17%
- Common ancestry
- Lithuanian 3% Slovak 2% Portuguese 2%
- Foreign-born
- 12% · Canada, China, Jamaica
- Languages at home
- 77% English-only · Spanish 17% Other Indo-European 2% Vietnamese 1%
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
- ▲ 0.48%
- Current HPI
- 233.4147
- Rent YoY
- ▼ -0.59%
- 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 |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+11.4% since first listed17 events — show timeline
- 2026-05-07 Listed $245,000 HARMLS
- 2026-05-05 Listing Removed — HARMLS
- 2026-04-23 Price Changed $245,000 HARMLS
- 2026-04-01 Price Changed $250,000 HARMLS
- 2026-03-12 Price Changed $255,000 HARMLS
- 2026-01-29 Price Changed $260,000 HARMLS
- 2025-12-17 Listed $270,000 HARMLS
- 2022-01-03 Sold (Public Records) — Public Records
- 2022-01-03 Sold (Public Records) — Public Records
- 2021-12-28 Sold (MLS) — HARMLS
- 2021-12-05 Pending — HARMLS
- 2021-11-30 Pending — HARMLS
- 2021-11-18 Relisted — HARMLS
- 2021-11-18 Pending — HARMLS
- 2021-11-12 Pending — HARMLS
- 2021-11-04 Listed $220,000 HARMLS
- 1988-06-09 Sold (Public Records) — Public Records
Property tax history
+3.7%/yrLatest (2025): $6,138 · +0.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…