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2026 Welch St
C Composite 55.15
Why this score? — see what drove the C 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 +24.5/30.0
  • DSCR +7.9/10.0
  • 1% rule +6.7/10.0
  • ARV discount +5.0/15.0
  • Livability +3.7/5.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$550,000

2026 Welch St · Houston, TX 77019
3 bd · 3.5 ba · 2,294 sqft · Townhouse public records · 62 Days on market
Built 1993 1,306 sqft lot $240/sqft · 6% above area Est $521k · 6% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Live in a charming, walkable pocket of the original River Oaks shopping district, surrounded by local restaurants, coffee shops, and tree lined streets. Located just south of the historic River Oaks Theatre and just east from the River Oaks mansions, this classic red brick townhome offers rare convenience with a private driveway, a two car garage with abundant storage space, and no HOA. Sun filled south facing bay windows brighten the living room and spacious primary suite, complemented by hardwood floors throughout all three levels. The private back patio opens to a versatile downstairs flex room ideal for a home office, gym, media room, or guest retreat. Designed with timeless charm and recent upgrades including renovated bathrooms, new Visual Comfort lighting, and refreshed landscaping. Washer, dryer, and refrigerator convey for easy move in. This home is a fabulous blend of location, character, everyday comfort, and just moments from Montrose and the TMC.

Key facts

  • Private driveway
  • Two car garage
  • No hoa

Tags

PRIVATE DRIVEWAYTWO CAR GARAGEABUNDANT STORAGE SPACENO HOASOUTH FACING BAY WINDOWSHARDWOOD FLOORS

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/3.5-bath townhouse listed at $550k.

Deal economics

  • At list price, monthly cash flow is $1k ($13k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($6k rent vs $550k).
  • Recommended offer: $517k (6.0% below list) — sets the bar for market timing.
  • Cap rate 8.7% 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.
  • Houston ISD (urban): math 27% / reading 35% proficiency, ranked #593 of 826 in TX (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 71% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-0.9%/yr); 256 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
  • At $6,430/mo this rent would consume 66% of the median local household income ($116k/yr) (locally 1844% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $4k of loan paydown is wiped out by about $16k 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 62 days — a 6% lower offer ($517k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 20y 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.
  • Current owner paid $216k; list at $550k implies a 155% gain — meaningful room to come down on a strong offer.

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 $516,999 (6.0% below list)

Questions for the listing agent

  1. It's been on market 62 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.17%
Cap rate
8.74%
Cash-on-cash
8.75%
DSCR
1.39
GRM
7.1

CMA / ARV

ARV (median comp)
$520,887
List price
$550,000
Delta
5.59%
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
1956 Vermont St 0.22mi 3/3.5 2,424 (+6%) 5mo $639,000 $264 76
1609 Welch St Unit B 0.57mi 3/3.5 2,265 (-1%) 3mo $450,000 $199 69
1213 Dunlavy St 0.67mi 3/3.5 2,295 (0%) 2mo $400,000 $174 68
1824 Vermont St 0.46mi 3/3.5 2,434 (+6%) 1mo $499,000 $205 67
1914 Greenwich Place Dr 0.67mi 3/3.5 2,251 (-2%) 4mo $500,000 $222 62
2304 Hazard St 0.24mi 2/2.5 (-1) 2,049 (-11%) 1mo $545,000 $266 61
2315 Steel St 0.73mi 3/3.0 2,321 (+1%) 2mo $510,000 $220 60
2314 Park St 0.43mi 3/2.5 2,497 (+9%) 6mo $649,000 $260 56
1718 Welch St Unit C 0.51mi 3/2.5 2,132 (-7%) 6mo $485,000 $227 56
2423 Ralph St 0.59mi 3/3.5 2,068 (-10%) 2mo $499,000 $241 55
1005 S Shepherd Dr #406 0.59mi 2/2.0 (-1) 2,318 (+1%) 6mo $629,999 $272 54
3818 Hazard St 0.72mi 3/3.5 2,028 (-12%) 4mo $475,000 $234 44

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
-6.6%
Equity multiple
0.76×
Total profit
$-36,277
Equity at exit
$82,007
10-year hold
IRR
-1.3%
Equity multiple
0.92×
Total profit
$-11,565
Equity at exit
$47,554

Cash invested: $154,000 (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 77019

Rents YoY
-0.9%
Active inventory
256
Price-to-rent
7.1×

Monthly cashflow live

Estimated rent
$6,430 high interval (Pro) →
Mortgage (P&I)
$2,884
Tax from tax record
$844 /mo · $10,123/yr
Insurance
$229
HOA
$0
Vacancy / Maint / Mgmt
$1,350
Net cashflow
$1,123

Break-even live

Break-even rent $5,009
Max offer price $550,000
Occupancy floor 78%

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
$137,500
Closing costs
$16,500
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2024 Welch St Houston, TX 3.0 4.0 2294 $2,800 $1.22 43d 1 0.04mi
2323 Woodhead St Unit 1019542P Houston, TX 3.0 3.5 2820 $15,722 $5.58 24d 1 0.40mi
2119 Westheimer Rd Unit 2152 Houston, TX 3.0 2.0 1709 $3,363 $1.97 10d 1 0.40mi
1924 Fairview Ave Houston, TX 3.0 3.5 2830 $9,750 $3.45 43d 1 0.40mi
2119 Westheimer Rd Unit 3165 Houston, TX 3.0 2.0 1709 $3,331 $1.95 2d 1 0.42mi
1958 W Gray St Unit 1991 Houston, TX 3.0 2.0 3206 $15,050 $4.69 10d 1 0.43mi
1958 W Gray St Unit 3165 Houston, TX 3.0 2.0 3206 $15,018 $4.68 2d 1 0.43mi
1201 McDuffie St Houston, TX 2.0 2.5 1600 $2,800 $1.75 16d 2 0.43mi
2624 Peckham St Houston, TX 3.0 3.0 1709 $3,686 $2.16 20d 1 0.45mi
2624 Peckham St Houston, TX 3.0 3.0 1709 $3,686 $2.16 43d 1 0.45mi
2311 Westheimer Rd Houston, TX 1.0–3.0 1.0–3.0 1489 $13,862 $9.31 1d 14 0.53mi
1951 W Bell St Houston, TX 3.0 2.0 1800 $2,400 $1.33 43d 1 0.58mi
1951 W Bell St Houston, TX 3.0 2.0 1800 $2,400 $1.33 14d 1 0.58mi
1818 Haver St Houston, TX 3.0 3.0 1600 $3,700 $2.31 43d 1 0.62mi
1027 Gross St Houston, TX 4.0 3.5 3035 $5,800 $1.91 43d 1 0.63mi
2727 Kirby Dr Unit 1702 Houston, TX 2.0 2.0 1672 $5,300 $3.17 43d 1 0.67mi
2243 W Alabama St Houston, TX 3.0 3.0 1998 $2,440 $1.22 43d 1 0.74mi
2205 Commonwealth St Houston, TX 4.0 4.0 2513 $3,300 $1.31 43d 1 0.79mi
2651 Kipling St Unit 510 Houston, TX 3.0 2.0 2739 $11,492 $4.20 10d 1 0.81mi
2651 Kipling St Unit 3165 Houston, TX 3.0 2.0 2739 $11,460 $4.18 2d 1 0.82mi
707 Marston St Unit 510 Houston, TX 3.0 2.0 2310 $12,482 $5.40 2d 1 0.83mi
2719 Kipling St Unit B Houston, TX 3.0 3.5 2184 $4,400 $2.01 43d 1 0.85mi
1501 Hawthorne St Houston, TX 2.0 1.0 3341 $1,525 $0.46 43d 1 0.85mi
2929 Westheimer Rd Houston, TX 2.0 2.0 1571 $4,090 $2.60 1d 4 0.85mi
2025 Colquitt St Unit 1257741P Houston, TX 3.0 3.5 2594 $7,405 $2.85 43d 1 0.91mi
1326 Fairview Ave Houston, TX 3.0 3.0 2176 $3,250 $1.49 43d 1 0.91mi
1010 Waugh Dr Houston, TX 2.0 1.0–2.5 1075 $4,657 $4.33 2d 59 0.94mi
5201 Memorial Dr Houston, TX 1.0–2.0 1.0–2.5 1071 $3,361 $3.14 1d 21 0.98mi
3333 Lake St Unit 510 Houston, TX 3.0 2.0 2650 $10,458 $3.95 10d 1 1.01mi
3333 Lake St Unit 3356 Houston, TX 2.0 2.0 1590 $4,668 $2.94 10d 1 1.01mi
3333 Lake St Unit 421 Houston, TX 2.0 2.0 1590 $4,644 $2.92 7d 1 1.01mi
3333 Lake St Unit 3165 Houston, TX 3.0 2.0 2650 $10,426 $3.93 2d 1 1.01mi
3333 Lake St Unit 2162 Houston, TX 2.0 2.0 1590 $4,644 $2.92 5d 1 1.01mi
3333 Lake St Unit 2187 Houston, TX 2.0 2.0 1590 $4,636 $2.92 2d 1 1.01mi
3333 Allen Pkwy Unit 1000 Houston, TX 2.0 2.5 1860 $4,500 $2.42 43d 1 1.01mi
716 Waugh Dr Houston, TX 1.0–3.0 1.0–2.5 1130 $4,080 $3.61 1d 29 1.02mi
100 Detering St Houston, TX 1.0–3.0 1.0–3.0 1162 $3,486 $3.00 3d 26 1.09mi
3411 Yoakum Blvd Unit 3165 Houston, TX 3.0 2.0 3110 $12,272 $3.95 2d 1 1.16mi
3411 Yoakum Blvd Unit 510 Houston, TX 3.0 2.0 3110 $12,304 $3.96 10d 1 1.16mi
1211 Marconi St Houston, TX 4.0 3.5 3020 $4,500 $1.49 43d 1 1.17mi

Listing history 44 events

  1. 2026-06-18
    days on market $550,000 Active 62 DOM
  2. 2026-06-17
    days on market $550,000 Active 61 DOM
  3. 2026-06-16
    days on market $550,000 Active 60 DOM
  4. 2026-06-15
    status $550,000 Active 59 DOM
  5. 2026-06-15
    days on market $550,000 Pending 59 DOM
  6. 2026-06-13
    days on market $550,000 Pending 57 DOM
  7. 2026-06-10
    statusdays on market $550,000 Pending 53 DOM
  8. 2026-06-08
    days on market $550,000 Active 52 DOM
  9. 2026-06-07
    days on market $550,000 Active 51 DOM
  10. 2026-06-04
    days on market $550,000 Active 48 DOM
  11. 2026-06-01
    days on market $550,000 Active 45 DOM
  12. 2026-05-31
    days on market $550,000 Active 44 DOM
  13. 2026-04-17
    listed $549,900 Active 973-char remark
    Show marketing remark (973 chars)

    Live in a charming, walkable pocket of the original River Oaks shopping district, surrounded by local restaurants, coffee shops, and tree lined streets. Located just south of the historic River Oaks Theatre and just east from the River Oaks mansions, this classic red brick townhome offers rare convenience with a private driveway, a two car garage with abundant storage space, and no HOA. Sun filled south facing bay windows brighten the living room and spacious primary suite, complemented by hardwood floors throughout all three levels. The private back patio opens to a versatile downstairs flex room ideal for a home office, gym, media room, or guest retreat. Designed with timeless charm and recent upgrades including renovated bathrooms, new Visual Comfort lighting, and refreshed landscaping. Washer, dryer, and refrigerator convey for easy move in. This home is a fabulous blend of location, character, everyday comfort, and just moments from Montrose and the TMC.

  14. 2025-11-21
    soldstatus Closed 1020-char remark
    Show marketing remark (1020 chars)

    This home boasts three levels, three beds, three baths, powder room, two staircases, central vacuum, attached two car garage & fenced back patio. 1st level has guest bedroom, full bath, large walk-in closet, access to fenced back patio. 2nd level entry with foyer, powder room, living room with gas log fireplace, built-ins, crown molding, bay window with plantation shutters, and wood flooring; dining room has recessed lighting, chair rail, wainscoting & is open to living for ease of entertaining. Kitchen has granite counters, double ovens, gas cook-top, microwave, pantry, ample counter and cabinet storage, breakfast bar; breakfast area has ample space for a table and chairs. 3rd level consists of primary bedroom, walk-in closet, primary bathroom with dual vanity area, granite counters, separate water closet, jetted tub & glass enclosed shower; utility room, guest bedroom has built-ins, large closet & ensuite bath. Proximity to River Oaks Shopping District, top restaurants & major roads!

  15. 2025-11-21
    soldstatus
    Show marketing remark (1020 chars)

    This home boasts three levels, three beds, three baths, powder room, two staircases, central vacuum, attached two car garage & fenced back patio. 1st level has guest bedroom, full bath, large walk-in closet, access to fenced back patio. 2nd level entry with foyer, powder room, living room with gas log fireplace, built-ins, crown molding, bay window with plantation shutters, and wood flooring; dining room has recessed lighting, chair rail, wainscoting & is open to living for ease of entertaining. Kitchen has granite counters, double ovens, gas cook-top, microwave, pantry, ample counter and cabinet storage, breakfast bar; breakfast area has ample space for a table and chairs. 3rd level consists of primary bedroom, walk-in closet, primary bathroom with dual vanity area, granite counters, separate water closet, jetted tub & glass enclosed shower; utility room, guest bedroom has built-ins, large closet & ensuite bath. Proximity to River Oaks Shopping District, top restaurants & major roads!

  16. 2025-10-18
    status Pending 1020-char remark
    Show marketing remark (1020 chars)

    This home boasts three levels, three beds, three baths, powder room, two staircases, central vacuum, attached two car garage & fenced back patio. 1st level has guest bedroom, full bath, large walk-in closet, access to fenced back patio. 2nd level entry with foyer, powder room, living room with gas log fireplace, built-ins, crown molding, bay window with plantation shutters, and wood flooring; dining room has recessed lighting, chair rail, wainscoting & is open to living for ease of entertaining. Kitchen has granite counters, double ovens, gas cook-top, microwave, pantry, ample counter and cabinet storage, breakfast bar; breakfast area has ample space for a table and chairs. 3rd level consists of primary bedroom, walk-in closet, primary bathroom with dual vanity area, granite counters, separate water closet, jetted tub & glass enclosed shower; utility room, guest bedroom has built-ins, large closet & ensuite bath. Proximity to River Oaks Shopping District, top restaurants & major roads!

  17. 2025-10-09
    historical 1020-char remark
    Show marketing remark (1020 chars)

    This home boasts three levels, three beds, three baths, powder room, two staircases, central vacuum, attached two car garage & fenced back patio. 1st level has guest bedroom, full bath, large walk-in closet, access to fenced back patio. 2nd level entry with foyer, powder room, living room with gas log fireplace, built-ins, crown molding, bay window with plantation shutters, and wood flooring; dining room has recessed lighting, chair rail, wainscoting & is open to living for ease of entertaining. Kitchen has granite counters, double ovens, gas cook-top, microwave, pantry, ample counter and cabinet storage, breakfast bar; breakfast area has ample space for a table and chairs. 3rd level consists of primary bedroom, walk-in closet, primary bathroom with dual vanity area, granite counters, separate water closet, jetted tub & glass enclosed shower; utility room, guest bedroom has built-ins, large closet & ensuite bath. Proximity to River Oaks Shopping District, top restaurants & major roads!

  18. 2025-10-07
    status Pending 1020-char remark
    Show marketing remark (1020 chars)

    This home boasts three levels, three beds, three baths, powder room, two staircases, central vacuum, attached two car garage & fenced back patio. 1st level has guest bedroom, full bath, large walk-in closet, access to fenced back patio. 2nd level entry with foyer, powder room, living room with gas log fireplace, built-ins, crown molding, bay window with plantation shutters, and wood flooring; dining room has recessed lighting, chair rail, wainscoting & is open to living for ease of entertaining. Kitchen has granite counters, double ovens, gas cook-top, microwave, pantry, ample counter and cabinet storage, breakfast bar; breakfast area has ample space for a table and chairs. 3rd level consists of primary bedroom, walk-in closet, primary bathroom with dual vanity area, granite counters, separate water closet, jetted tub & glass enclosed shower; utility room, guest bedroom has built-ins, large closet & ensuite bath. Proximity to River Oaks Shopping District, top restaurants & major roads!

  19. 2025-09-13
    listed $499,000 Active 1020-char remark
    Show marketing remark (1020 chars)

    This home boasts three levels, three beds, three baths, powder room, two staircases, central vacuum, attached two car garage & fenced back patio. 1st level has guest bedroom, full bath, large walk-in closet, access to fenced back patio. 2nd level entry with foyer, powder room, living room with gas log fireplace, built-ins, crown molding, bay window with plantation shutters, and wood flooring; dining room has recessed lighting, chair rail, wainscoting & is open to living for ease of entertaining. Kitchen has granite counters, double ovens, gas cook-top, microwave, pantry, ample counter and cabinet storage, breakfast bar; breakfast area has ample space for a table and chairs. 3rd level consists of primary bedroom, walk-in closet, primary bathroom with dual vanity area, granite counters, separate water closet, jetted tub & glass enclosed shower; utility room, guest bedroom has built-ins, large closet & ensuite bath. Proximity to River Oaks Shopping District, top restaurants & major roads!

  20. 2020-12-31
    soldstatus
  21. 2020-12-22
    soldstatus Sold
  22. 2020-11-23
    status Pending
  23. 2020-11-12
    status Option Pending
  24. 2020-10-26
    price $420,000
  25. 2020-08-12
    price $440,000
  26. 2020-07-21
    listed $465,000 Active
  27. 2017-05-10
    soldstatus Sold
  28. 2017-05-10
    soldstatus
  29. 2017-04-20
    status Pending
  30. 2017-04-12
    status Option Pending
  31. 2017-03-28
    listed $449,000 Active
  32. 2013-08-07
    soldstatus
  33. 2013-08-05
    soldstatus Sold
  34. 2013-07-19
    status Pending, Continue to Show
  35. 2013-07-07
    status Option Pending
  36. 2013-06-18
    price $435,000
  37. 2013-06-05
    price $445,230
  38. 2013-05-25
    listed $459,000 Active
  39. 2007-01-18
    soldstatus
  40. 2006-09-30
    historical
  41. 2006-04-03
    listed $310,000
  42. 2003-12-17
    soldstatus
  43. 1999-04-29
    soldstatus
  44. 1994-06-01
    soldstatus $215,500

ⓘ 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
$10,123 · $844/mo
Projected year-2 tax
$10,123 · $844/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 1/10 Low
  • 🌡 Heat 9/10 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$77,158
− Mortgage interest
−$30,809
− Property taxes
−$10,123
− Insurance
−$2,750
− Repairs & maintenance
−$6,173
− Management
−$6,173
− Depreciation
−$16,000
Taxable income
$5,131
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,231
After-tax cash flow
$12,239/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
Houston ISD
NCES district ID
4823640
Math proficiency
27% ▼ -18.00%
Reading proficiency
35% ▼ -6.00%
Median HH income
$46,054
Composite
26.63/100
National rank
#7173
State rank
#593 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

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)
23,708
Household income
$116,423
Rent vs Own
62.4% rent · 37.6% own
Severe rent burden
1844.0

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 0.62)
Race & ethnicity
White 57% Hispanic / Latino 18% Two or more races 13% Asian 10% Black 9%
Hispanic origin (detail)
Mexican 12% Salvadoran 1%
Common ancestry
Lithuanian 4% Romanian 2% Slovak 2%
Foreign-born
17% · Canada, China, Vietnam
Languages at home
77% English-only · Spanish 11% Other Indo-European 4% Chinese 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
▼ -131.69%
Current HPI
179.271
Rent YoY
▼ -0.95%
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

+155.2% since first listed
32 events — show timeline
  • 2026-04-17 Listed $549,900 HARMLS
  • 2025-11-21 Sold (Public Records) Public Records
  • 2025-11-21 Sold (MLS) HARMLS
  • 2025-10-18 Pending HARMLS
  • 2025-10-09 Listing Removed HARMLS
  • 2025-10-07 Pending HARMLS
  • 2025-09-13 Listed $499,000 HARMLS
  • 2020-12-31 Sold (Public Records) Public Records
  • 2020-12-22 Sold (MLS) HARMLS
  • 2020-11-23 Pending HARMLS
  • 2020-11-12 Pending HARMLS
  • 2020-10-26 Price Changed $420,000 HARMLS
  • 2020-08-12 Price Changed $440,000 HARMLS
  • 2020-07-21 Listed $465,000 HARMLS
  • 2017-05-10 Sold (Public Records) Public Records
  • 2017-05-10 Sold (MLS) HARMLS
  • 2017-04-20 Pending HARMLS
  • 2017-04-12 Pending HARMLS
  • 2017-03-28 Listed $449,000 HARMLS
  • 2013-08-07 Sold (Public Records) Public Records
  • 2013-08-05 Sold (MLS) HARMLS
  • 2013-07-19 Pending HARMLS
  • 2013-07-07 Pending HARMLS
  • 2013-06-18 Price Changed $435,000 HARMLS
  • 2013-06-05 Price Changed $445,230 HARMLS
  • 2013-05-25 Listed $459,000 HARMLS
  • 2007-01-18 Sold (Public Records) Public Records
  • 2006-09-30 Listing Removed HARMLS
  • 2006-04-03 Listed $310,000 HARMLS
  • 2003-12-17 Sold (Public Records) Public Records
  • 1999-04-29 Sold (Public Records) Public Records
  • 1994-06-01 Sold (Public Records) $215,500 Public Records

Property tax history

+4.3%/yr

Latest (2025): $10,123 · +10.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…