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811 Shadowglen St
B- Composite 69.94
Why this score? — see what drove the B- 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).

  • Cash flow +25.9/30.0
  • ARV discount +14.3/15.0
  • DSCR +8.7/10.0
  • 1% rule +7.8/10.0
  • Rent growth +5.0/5.0
  • Livability +3.3/5.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$150,000

811 Shadowglen St · Channelview, TX 77530
3 bd · 1.0 ba · 1,306 sqft · SingleFamily public records · 11 Days on market
Built 1960 6,098 sqft lot $115/sqft · 15% below area Est $176k · 15% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome to a home filled with history, heart, and opportunity. Lovingly owned by the same family for over 50 years, this 3-bedroom, 1-bath property is ready to begin its next chapter with new owners. Inside, you’ll find a layout full of potential—perfect for those looking to create a space that truly reflects their style. Whether you’re envisioning modern updates, cozy charm, or something entirely your own, this home offers the ideal canvas. Thoughtfully priced with future improvements in mind, this property gives you the flexibility to invest in updates and personal touches while building equity along the way. It’s a rare chance to own a home with such a long-standi

Key facts

  • 6,098 sq ft lot
  • 2 parking spots
  • Built 1960

Property features AI

Exterior

  • Parking: Attached carport; 2-car carport
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Built in 1960
  • Construction: Brick and wood siding exterior; Composition roof
  • Exterior features: Subdivision lot

Interior

  • Kitchen: Kitchen on the first floor
  • Bedrooms: Primary bedroom on the first floor; Additional bedrooms on the first floor
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating (gas); Central air conditioning (electric)
  • Interior features: Dining room; Living room; Total of 6 rooms

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/1.0-bath single-family listed at $150k.

Deal economics

  • At list price, monthly cash flow is $369 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Cap rate 9.2% vs local median 4.8% in Channelview — 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 66/100 on livability (#598 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
  • Channelview ISD (suburban): math 27% / reading 30% proficiency, ranked #640 of 826 in TX (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Channelview H S (math 24% / reading 35%, grade F, #1,112 of 1,632 statewide, top 70%, 2,893 students, 87% FRL) — zoned schools average 87% FRL vs 70% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising fast (+16.9%/yr); 100 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
  • This rent runs 37% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $42k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $150,000

Questions for the listing agent

  1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.28%
Cap rate
9.24%
Cash-on-cash
10.53%
DSCR
1.47
GRM
6.5

CMA / ARV

ARV (median comp)
$176,475
List price
$150,000
Delta
-15.00%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
811 Shadowglen St 0.00mi 3/1.0 1,306 (0%) 0mo $150,000 $115 100
714 Horncastle St 0.39mi 3/1.0 1,284 (-2%) 6mo $164,999 $129 74
734 Dell Dale St 0.19mi 3/1.5 1,471 (+13%) 0mo $150,000 $102 68
15506 Vonnett St 0.31mi 4/2.0 (+1) 1,400 (+7%) 6mo $219,000 $156 60
702 Norell St 0.44mi 3/2.0 1,180 (-10%) 3mo $235,000 $199 57
819 Knob Hollow St 0.16mi 3/2.0 1,145 (-12%) 14mo $209,999 $183 57
741 Tobe St 0.32mi 4/2.0 (+1) 1,400 (+7%) 11mo $189,900 $136 55
904 Willaby St 0.47mi 3/2.0 1,364 (+4%) 14mo $215,000 $158 55
722 Woodhue St 0.59mi 3/1.0 1,204 (-8%) 13mo $190,500 $158 49
15208 Grassington Dr 0.58mi 3/2.0 1,282 (-2%) 20mo $219,000 $171 49
714 Donfield St 0.69mi 3/2.0 1,154 (-12%) 2mo $139,990 $121 43
1118 Chestnut Bough St 0.65mi 3/2.0 1,499 (+15%) 1mo $225,000 $150 40

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
5.4%
Equity multiple
1.22×
Total profit
$9,403
Equity at exit
$22,365
10-year hold
IRR
19.2%
Equity multiple
3.02×
Total profit
$84,925
Equity at exit
$12,969

Cash invested: $42,000 (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 77530

Rents YoY
16.9%
Active inventory
100
Price-to-rent
6.5×

Monthly cashflow live

Estimated rent
$1,917 high interval (Pro) →
Mortgage (P&I)
$787
Tax from tax record
$297 /mo · $3,559/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$403
Net cashflow
$369

Break-even live

Break-even rent $1,450
Max offer price $150,000
Occupancy floor 76%

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
$37,500
Closing costs
$4,500
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 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
15255 Ferness Ln Channelview, TX 4.0 2.0 1326 $1,668 $1.26 2d 10 0.60mi
947 Leadenhall Cir Channelview, TX 3.0 2.5 1620 $1,856 $1.15 7d 1 0.66mi
1379 Dell Dale St Channelview, TX 4.0 2.0 1444 $1,893 $1.31 5d 1 0.95mi
1335 Willersley Ln Channelview, TX 3.0 2.0 1669 $1,775 $1.06 2d 1 1.04mi
810 Townley St Channelview, TX 3.0 3.5 1713 $1,925 $1.12 43d 1 1.06mi

Listing history 3 events

  1. 2026-05-05
    status Pending 888-char remark
  2. 2026-04-24
    listed $150,000 Active 888-char remark
  3. 1988-01-02
    soldstatus

ⓘ 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
$3,559 · $297/mo
Projected year-2 tax
$3,559 · $297/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 2/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 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
$23,004
− Mortgage interest
−$8,402
− Property taxes
−$3,559
− Insurance
−$750
− Repairs & maintenance
−$1,840
− Management
−$1,840
− Depreciation
−$4,364
Taxable income
$2,248
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$540
After-tax cash flow
$3,885/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
Channelview ISD
NCES district ID
4813590
Math proficiency
27% ▼ -22.00%
Reading proficiency
30% ▼ -8.00%
Median HH income
$52,320
Composite
25.18/100
National rank
#7513
State rank
#640 of 826 in TX

Livability — Channelview

Score
66/100
State rank
#598
US rank
#11392

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Channelview, TX
County
Harris County · 4,702,590 people
City population
31,527
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
31,527
Household income
$62,195
Rent vs Own
30.2% rent · 69.8% own
Severe rent burden
966.0

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
Predominantly Hispanic (71%)
Race & ethnicity
Hispanic / Latino 71% Two or more races 31% White 16% Black 9% Asian 4% Native American 1%
Hispanic origin (detail)
Mexican 61%
Common ancestry
Slovak 1% Lithuanian 1%
Foreign-born
33% · Canada, Vietnam, Jamaica
Languages at home
37% English-only · Spanish 60% Other Asian/Pacific 1% 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
▼ -172.05%
Current HPI
292.1862
Rent YoY
▲ 16.85%
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

5 events — show timeline
  • 2026-06-08 Sold (Public Records) Public Records
  • 2026-06-08 Sold (MLS) HARMLS
  • 2026-05-05 Pending HARMLS
  • 2026-04-24 Listed $150,000 HARMLS
  • 1988-01-02 Sold (Public Records) Public Records

Property tax history

+7.6%/yr

Latest (2025): $3,559 · +0.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…