9210 Homewood Ln · Houston, TX 77078

$125,000

3 bd · 1.0 ba · 1,316 sqft · SingleFamily public records · 37 Days on market

Built 1955 7,440 sqft lot $95/sqft · 28% below area Est $174k · 28% under

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Appreciation +6.2/10.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Fixer upper for sale. 4 bedrooms with dining and spacious living room. Nice sized fenced back yard. Seems to have good bones come make this one your next flip or rental.

Key facts

• Fenced back yard
• Spacious living room
• 7,440 sq ft lot

Tags

• FENCED BACK YARD
• SPACIOUS LIVING ROOM

Property features AI

Finance

• Other: Seller disclosure available

Exterior

• Utilities: Public water; Public sewer
• Home design: Residential property; Single-story (entry level: First floor)
• Construction: Built in 1955; Brick and wood siding exterior; Composition roof; Slab foundation
• Exterior features: Subdivision lot; Lot size about 0.17 acres

Interior

• Kitchen: Kitchen (First floor, 10x10)
• Bedrooms: Primary bedroom (First floor, 17x11); Bedroom (First floor, 14x11); Bedroom (First floor, 11x10); Bedroom (First floor, 10x10)
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (Electric and Gas); Central air conditioning (Electric)
• Interior features: Living room; Dining room

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $482 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $121k (3.0% below list) — sets the bar for market timing.

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.
• 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.
• Zoned schools: Key Middle (math 10% / reading 20%, grade F, #1,569 of 1,662 statewide, top 95%, 615 students, 100% FRL); Kashmere H S (math 14% / reading 22%, grade F, #1,445 of 1,632 statewide, top 89%, 725 students, 96% FRL) — zoned schools average 98% FRL vs 71% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 16% at this address vs 31% district-wide (-14 pts) — the specific schools serving this property underperform the Houston ISD average; the district grade overstates school quality for this exact location.
• Market conditions: 129 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 53% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($864 loan paydown + $3k appreciation (2.5% local appreciation)).
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (2.5% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($121k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y 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: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $121,250 (3.0% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.32% ✓
• Cap rate: 10.92%
• Cash-on-cash: 16.53%
• DSCR: 1.74
• GRM: 6.3

CMA / ARV

• ARV (median comp): $173,675
• List price: $125,000
• Delta: -28.03%
• 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
9219 Linda Vista Rd	0.28mi	3/1.5	1,335 (+1%)	1mo	$210,000	$157	82
9006 Homewood Ln	0.24mi	3/1.0	1,300 (-1%)	14mo	$175,000	$135	75
8913 Linda Vista Rd	0.39mi	3/1.0	1,266 (-4%)	4mo	$175,000	$138	73
8901 Woodlyn Rd	0.37mi	3/1.0	1,228 (-7%)	2mo	$155,000	$126	70
9415 Balsam Ln	0.52mi	4/1.0 (+1)	1,308 (-1%)	8mo	$150,000	$115	63
9315 Oak Knoll Ln	0.36mi	3/1.0	1,236 (-6%)	15mo	$135,000	$109	61
9314 Laura Koppe Rd	0.34mi	3/2.0	1,399 (+6%)	11mo	$166,900	$119	60
9022 Sultan Dr	0.34mi	4/2.0 (+1)	1,378 (+5%)	11mo	$189,000	$137	58
9011 Parkette Dr	0.53mi	3/1.0	1,226 (-7%)	9mo	$135,000	$110	56
9306 Woodlyn Rd	0.30mi	3/1.0	1,139 (-13%)	12mo	$143,800	$126	54
8837 Richland Dr	0.46mi	3/1.0	1,132 (-14%)	14mo	$140,000	$124	43
8546 Talton St	0.74mi	3/1.0	1,120 (-15%)	10mo	$129,900	$116	32

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

Projected returns pro-forma

2.5% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.9%
• Equity multiple: 2.21×
• Total profit: $42,461
• Equity at exit: $52,699

10-year hold

• IRR: 23.4%
• Equity multiple: 4.21×
• Total profit: $112,327
• Equity at exit: $78,589

Cash invested: $35,000 (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.

Methodology + full state rankings →

ZIP-level market 77078

• Home prices YoY: 0.8%
• Active inventory: 129
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,645 high
• Mortgage (P&I): −$656
• Tax from tax record: −$110 /mo · $1,323/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$346
• Net cashflow: $482

Break-even live

Break-even rent $1,035

Max offer price $125,000

Occupancy floor 66%

Sensitivity live

Price	-10% $553	-5% $517	+0% $482	+5% $447	+10% $411
Rent	-10% $352	-5% $417	+0% $482	+5% $547	+10% $612
Rate	-1.0pp $545	-0.5pp $514	base $482	+0.5pp $450	+1.0pp $417

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: $31,250
• Closing costs: $3,750
• Reserves months: —
• Total cash needed: —

Rent comps 34 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9137 Woodlyn Rd Houston, TX	3.0	1.0	1568	$1,550	$0.99	21d	1	0.05mi
9133 Woodlyn Rd Houston, TX	3.0	1.0	1073	$1,495	$1.39	3d	1	0.06mi
9110 Tidwell Rd Houston, TX	2.0	2.0	987	$1,200	$1.22	24d	1	0.58mi
9110 Tidwell Rd Houston, TX	2.0	2.0	987	$1,185	$1.20	44d	1	0.58mi
8631 Homewood Ln Unit A Houston, TX	3.0	2.5	1500	$1,850	$1.23	44d	1	0.63mi
8631 Homewood Ln Unit B Houston, TX	3.0	3.0	1500	$1,850	$1.23	44d	1	0.63mi
8638 Doris Oaks Cir Houston, TX	3.0	3.0	1777	$1,975	$1.11	44d	1	0.63mi
8627 Homewood Ln Unit B Houston, TX	3.0	2.5	1500	$1,850	$1.23	44d	1	0.64mi
8625 Homewood Ln Unit B Houston, TX	3.0	3.0	1500	$1,850	$1.23	44d	1	0.65mi
9526 Balsam Ln Houston, TX	3.0	1.5	1533	$1,475	$0.96	5d	1	0.65mi
8623 Homewood Ln Unit B Houston, TX	3.0	2.5	1150	$1,850	$1.61	19d	1	0.66mi
8623 Homewood Unit A Houston, TX	3.0	2.5	1150	$1,850	$1.61	44d	1	0.66mi
9399 Tidwell Rd Houston, TX	3.0	2.0	1031	$1,107	$1.07	24d	1	0.67mi
8711 Southwark St Unit A Houston, TX	3.0	2.0	1150	$1,750	$1.52	44d	1	0.68mi
8602 Wilkins Oaks Dr Houston, TX	3.0	2.0	1307	$1,775	$1.36	44d	1	0.71mi
9393 Tidwell Rd Houston, TX	3.0–4.0	2.0	1135	$1,244	$1.10	2d	10	0.76mi
9222 Hillis St Houston, TX	3.0	2.0	1498	$1,850	$1.23	44d	1	0.92mi
9943 Valley Wind Dr Houston, TX	3.0	2.0	1319	$1,595	$1.21	2d	1	0.94mi
9700 Mesa Dr Houston, TX	1.0–3.0	1.0–2.0	784	$989	$1.26	2d	8	0.97mi
8523 Brock Park Blvd Unit 1 Houston, TX	3.0	1.5	1130	$1,375	$1.22	5d	1	1.03mi
7600 E Houston Rd Houston, TX	1.0–3.0	1.0–2.0	1017	$1,436	$1.41	14d	8	1.13mi
9702 Hillis St Houston, TX	3.0	2.0	1612	$1,550	$0.96	44d	1	1.13mi
9517 Madera Rd Houston, TX	3.0	2.0	1608	$1,500	$0.93	44d	1	1.15mi
9218 Nyssa St Unit B Houston, TX	3.0	2.5	1608	$1,490	$0.93	2d	1	1.20mi
8350 Tidwell Rd Unit A Houston, TX	3.0	2.0	980	$975	$0.99	44d	1	1.20mi
8346 Tidwell Rd Unit B Houston, TX	3.0	2.0	980	$1,000	$1.02	44d	1	1.21mi
9930 Valley Lake Dr Houston, TX	4.0	2.0	1385	$1,795	$1.30	44d	1	1.21mi
8238 Homewood Ln Houston, TX	3.0	2.0	1696	$1,695	$1.00	24d	1	1.27mi
8309 Carolwood Dr Houston, TX	3.0	1.0	938	$1,350	$1.44	44d	1	1.30mi
8213 Linda Vista Rd Houston, TX	3.0	2.0	1298	$1,625	$1.25	24d	1	1.35mi
8216 Richland Dr Unit B Houston, TX	3.0	2.0	1150	$1,750	$1.52	44d	1	1.37mi
8203 Woodlyn Rd Unit C Houston, TX	3.0	2.5	1650	$1,650	$1.00	8d	1	1.38mi
8113 Denton St Houston, TX	3.0	2.0	1150	$1,750	$1.52	44d	1	1.44mi
8235 Locksley Rd Unit A Houston, TX	3.0	2.5	1608	$1,525	$0.95	8d	1	1.45mi

Listing history 20 events

1. 2026-06-18
   days on market $125,000 Active 37 DOM
2. 2026-06-17
   days on market $125,000 Active 36 DOM
3. 2026-06-16
   days on market $125,000 Active 35 DOM
4. 2026-06-15
   days on market $125,000 Active 34 DOM
5. 2026-06-13
   days on market $125,000 Active 32 DOM
6. 2026-06-10
   days on market $125,000 Active 28 DOM
7. 2026-06-08
   days on market $125,000 Active 27 DOM
8. 2026-06-07
   days on market $125,000 Active 26 DOM
9. 2026-06-04
   days on market $125,000 Active 23 DOM
10. 2026-06-01
    days on market $125,000 Active 20 DOM
11. 2026-05-31
    days on market $125,000 Active 19 DOM
12. 2026-05-16
    status Pending 169-char remark
13. 2026-04-29
    listed $125,000 Active 169-char remark
14. 2011-10-04
    soldstatus
15. 2010-08-17
    soldstatus
16. 2007-08-06
    historical
17. 2007-05-10
    listed $80,000
18. 2007-04-13
    soldstatus
19. 2007-04-13
    soldstatus
20. 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: $1,323 · $110/mo
• Projected year-2 tax: $2,288 · $191/mo
• Expected delta: +$965/yr (+$80/mo · 72.9%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 25 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

Taxation est. · year 1

• Rental income: $19,745
• − Mortgage interest: −$7,002
• − Property taxes: −$1,323
• − Insurance: −$625
• − Repairs & maintenance: −$1,580
• − Management: −$1,580
• − Depreciation: −$3,636
• Taxable income: $4,000
• Est. tax owed @ 24.0%: −$960
• After-tax cash flow: $4,825/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): 14,247
• Household income: $39,093
• Rent vs Own: 43.8% rent · 56.2% own
• Severe rent burden: 780.0

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

• Race & ethnicity: Black 49% Hispanic / Latino 46% Two or more races 15% White 5%
• Hispanic origin (detail): Mexican 36% Cuban 1%
• Common ancestry: Italian 1% Hispanic 1%
• Foreign-born: 24% · Canada
• Languages at home: 59% English-only · Spanish 41%

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: ▲ 2.50%
• Current HPI: 307.0842
• Rent YoY: —
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+56.2% since first listed

10 events — show timeline

• 2026-05-29 Relisted — HARMLS
• 2026-05-16 Pending — HARMLS
• 2026-04-29 Listed $125,000 HARMLS
• 2011-10-04 Sold (Public Records) — Public Records
• 2010-08-17 Sold (Public Records) — Public Records
• 2007-08-06 Listing Removed — HARMLS
• 2007-05-10 Listed $80,000 HARMLS
• 2007-04-13 Sold (Public Records) — Public Records
• 2007-04-13 Sold (Public Records) — Public Records
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

-0.4%/yr

Latest (2025): $1,323 · +11.7% YoY. Source: county tax records.