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1877 Dart St
D- Composite 38.25
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 +10.4/15.0
  • Cash flow +9.7/30.0
  • 1% rule +4.3/10.0
  • Livability +3.7/5.0
  • DSCR +2.7/10.0
  • Schools +2.7/10.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$495,000

1877 Dart St · Houston, TX 77007
3 bd · 3.5 ba · 2,366 sqft · SingleFamily public records · 56 Days on market
Built 2011 $209/sqft · 7% below area Est $530k · 7% under $231/mo HOA · 5% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

Key facts

  • Skyline views
  • Island kitchen
  • Walk-in closet

Tags

SKYLINE VIEWSOPEN-CONCEPT LAYOUTISLAND KITCHENEN-SUITE BATHWALK-IN CLOSETPRIVATE OUTDOOR HAVEN

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 single-family listed at $495k.

Deal economics

  • At list price, monthly cash flow is $-329 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $437k (11.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $459k (7.3% below list).
  • Recommended offer: $437k (11.8% below list) — sets the bar for cash-flow.
  • Cap rate 5.5% 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: 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 (-0.8%/yr); 646 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($145k/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 $3k of loan paydown is wiped out by about $15k 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 56 days — a 3% lower offer ($480k) is reasonable based on typical stale-listing flexibility.
  • 5 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

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $436,810 (11.8% 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 56 days. Have you received any prior offers? Is the seller open to a 12% 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
0.93%
Cap rate
5.49%
Cash-on-cash
-2.85%
DSCR
0.87
GRM
9.0

CMA / ARV

ARV (median comp)
$529,514
List price
$495,000
Delta
-6.52%
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
1819 Dart St 0.06mi 3/3.5 2,198 (-7%) 2mo $449,000 $204 84
2107 Crockett St 0.31mi 3/2.5 2,390 (+1%) 3mo $535,000 $224 77
1818 Decatur St 0.16mi 3/3.0 2,199 (-7%) 4mo $700,000 $318 75
1702 Shearn St 0.37mi 3/3.5 2,465 (+4%) 3mo $549,000 $223 73
1511 Alamo St 0.52mi 3/3.5 2,397 (+1%) 1mo $499,999 $209 73
1909 Hickory St 0.50mi 3/3.5 2,345 (-1%) 3mo $419,900 $179 72
1510 Johnson St 0.27mi 3/3.5 2,160 (-9%) 2mo $475,000 $220 71
1817 Crockett St Unit C 0.28mi 3/3.5 2,132 (-10%) 3mo $497,000 $233 68
2020 Sabine St 0.43mi 3/3.0 2,485 (+5%) 4mo $475,000 $191 66
1211 Hickory St Unit D 0.33mi 3/3.5 2,099 (-11%) 1mo $465,000 $222 66
1810 Kane St 0.22mi 4/2.5 (+1) 2,050 (-13%) 2mo $825,000 $402 57
1104 Dart St 0.54mi 3/2.5 2,580 (+9%) 3mo $599,900 $233 53

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
-25.0%
Equity multiple
0.18×
Total profit
$-114,237
Equity at exit
$73,806
10-year hold
IRR
-36.7%
Equity multiple
-0.28×
Total profit
$-176,831
Equity at exit
$42,799

Cash invested: $138,600 (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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 77007

Rents YoY
-0.8%
Active inventory
646
Price-to-rent
9.0×

Monthly cashflow live

Estimated rent
$4,587 high interval (Pro) →
Mortgage (P&I)
$2,596
Tax from tax record
$920 /mo · $11,040/yr
Insurance
$206
HOA
$231
Vacancy / Maint / Mgmt
$963
Net cashflow
$-329

Break-even live

Break-even rent $5,004
Max offer price $436,810
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
$123,750
Closing costs
$14,850
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
2018 Crockett St Unit 1029793P Houston, TX 3.0 3.5 2507 $6,482 $2.59 5d 1 0.29mi
2018 Crockett St Unit 2018 Houston, TX 3.0 3.5 2514 $8,000 $3.18 44d 1 0.29mi
1512 Crockett St Unit A Houston, TX 2.0 2.5 1808 $2,800 $1.55 44d 1 0.37mi
1510 Crockett St Houston, TX 2.0 3.0 1912 $2,800 $1.46 44d 1 0.37mi
2114 Sabine St Houston, TX 3.0 4.0 2020 $3,200 $1.58 44d 1 0.44mi
2114 Sabine St Unit 1257735P Houston, TX 3.0 3.5 2594 $6,588 $2.54 44d 1 0.44mi
150 Sabine St Houston, TX 1.0–2.0 1.0–2.0 1187 $2,882 $2.43 3d 15 0.56mi
600 Studemont St Houston, TX 1.0–2.0 1.0–2.5 1227 $2,799 $2.28 3d 24 0.93mi
410 James St Houston, TX 3.0 2.0 1602 $6,750 $4.21 44d 1 0.94mi
410 James St Unit 1031793P Houston, TX 3.0 2.0 1593 $7,554 $4.74 16d 1 0.94mi
414 Milam St Unit 2187 Houston, TX 2.0 2.0 1585 $3,857 $2.43 3d 1 0.96mi
414 Milam St Unit 510 Houston, TX 3.0 2.0 2421 $9,230 $3.81 14d 1 0.96mi
414 Milam St Unit 422 Houston, TX 2.0 2.0 1585 $3,833 $2.42 8d 1 0.96mi
414 Milam St Unit 437 Houston, TX 2.0 2.0 1585 $3,857 $2.43 11d 1 0.96mi
414 Milam St Unit 2165 Houston, TX 2.0 2.0 1585 $3,868 $2.44 5d 1 0.96mi
414 Milam St Unit 2148 Houston, TX 2.0 2.0 1585 $3,825 $2.41 3d 1 0.96mi
414 Milam St Unit 3165 Houston, TX 3.0 2.0 2421 $8,959 $3.70 3d 1 0.96mi
414 Milam St Unit 2162 Houston, TX 2.0 2.0 1585 $3,833 $2.42 5d 1 0.96mi
414 Milam St Unit 447 Houston, TX 3.0 2.0 2421 $8,991 $3.71 11d 1 0.96mi
414 Milam St Unit 447 Houston, TX 3.0 2.0 2421 $8,973 $3.71 44d 1 0.96mi
414 Milam St Houston, TX 2.0 2.5 1585 $3,845 $2.43 22d 1 0.97mi
414 Milam St Ph 2-4602 Houston, TX 2.0 2.0 2158 $8,990 $4.17 44d 1 0.97mi
414 Milam St Unit B1-2003 Houston, TX 2.0 2.0 1585 $4,513 $2.85 44d 1 0.97mi
3131 Memorial Ct Houston, TX 2.0 1.0–2.5 1336 $3,418 $2.56 2d 32 0.98mi
909 Texas Ave Houston, TX 2.0 1.0–2.0 1262 $3,129 $2.48 1d 36 1.05mi
710 Stanford St Houston, TX 3.0 4.0 2438 $3,490 $1.43 44d 1 1.07mi
2121 Allen Pkwy Houston, TX 1.0–3.0 1.0–3.0 1207 $3,085 $2.55 2d 42 1.08mi
915 Texas Ave Unit 420 Houston, TX 3.0 2.0 2366 $4,655 $1.97 44d 1 1.10mi
915 Texas Ave Unit 420 Houston, TX 3.0 2.0 2366 $4,655 $1.97 19d 1 1.10mi
225 S Heights Blvd Houston, TX 3.0 1.0–2.0 1186 $3,085 $2.60 2d 18 1.14mi
1111 Rusk St Houston, TX 1.0–2.0 1.0–2.5 1230 $2,835 $2.30 1d 29 1.20mi
2403 Everett St Unit A Houston, TX 3.0 3.5 2093 $2,800 $1.34 44d 1 1.21mi
717 Fannin St Houston, TX 2.0 2.0 1700 $3,800 $2.24 44d 1 1.21mi
1116 Woodland St Houston, TX 3.0 2.0 2400 $4,000 $1.67 44d 1 1.23mi
1801 Smith St Houston, TX 2.0 1.0–2.5 1110 $4,753 $4.28 1d 28 1.25mi
1118 Columbus St Unit A Houston, TX 3.0 3.5 2338 $3,000 $1.28 44d 1 1.29mi
1399 Fannin St Houston, TX 2.0 2.0 1595 $3,846 $2.41 24d 1 1.31mi
328 Bomar St Houston, TX 3.0 3.5 2688 $5,300 $1.97 22d 1 1.35mi
1211 Marconi St Houston, TX 4.0 3.5 3020 $4,500 $1.49 44d 1 1.36mi
10 Oak Ct Unit 2174 Houston, TX 2.0 2.0 1882 $2,827 $1.50 14d 1 1.38mi

HOA detail

Monthly dues
$231 · $2,772/yr

Listing history 24 events

  1. 2026-06-18
    days on market $495,000 Active 56 DOM
  2. 2026-06-17
    days on market $495,000 Active 55 DOM
  3. 2026-06-16
    days on market $495,000 Active 54 DOM
  4. 2026-06-15
    days on market $495,000 Active 53 DOM
  5. 2026-06-13
    days on market $495,000 Active 51 DOM
  6. 2026-06-10
    days on market $495,000 Active 47 DOM
  7. 2026-06-08
    days on market $495,000 Active 46 DOM
  8. 2026-06-07
    days on market $495,000 Active 45 DOM
  9. 2026-06-04
    pricedays on market $495,000 Active 42 DOM
  10. 2026-06-01
    days on market $500,000 Active 39 DOM
  11. 2026-05-31
    days on market $500,000 Active 38 DOM
  12. 2026-05-04
    price $500,000 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  13. 2026-05-01
    status Active 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  14. 2026-03-11
    historical 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  15. 2026-03-10
    status Active 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  16. 2026-02-01
    historical 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  17. 2026-01-29
    status Active 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  18. 2026-01-25
    historical 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  19. 2026-01-21
    listed $515,000 Active 911-char remark
    Show marketing remark (911 chars)

    This distinctive four-story townhome in the heart of Houston offers an exceptional blend of style, space, and functionality, featuring three bedrooms and three-and-a-half bathrooms. The first floor includes a generously sized guest suite, while the second level is dedicated to sophisticated living. The third floor boasts a spacious primary suite, complemented by an additional bedroom and full bath, and the fourth floor provides a versatile flex space that opens to a rooftop deck with sweeping, unobstructed views of the Houston skyline. The second level showcases an expansive open-concept layout, seamlessly integrating the kitchen, dining, and living areas—ideal for both everyday living and refined entertaining. The primary suite serves as a tranquil retreat, complete with a spa-inspired en-suite bath and a generously proportioned walk-in closet, offering both comfort and sophistication.

  20. 2021-10-04
    soldstatus
  21. 2021-09-30
    soldstatus Sold 994-char remark
    Show marketing remark (994 chars)

    Breathtaking skyline views await in this one-of-a-kind opportunity! With beauty around every corner, you'll fall in love with this exceptional 4-story home. Relax or entertain guests in a spacious open floorplan on the 2nd level. High ceilings, gorgeous wood floors, and a gas log fireplace create a welcoming living room atmosphere. Enjoy an elegant island kitchen that features spacious granite countertops, ample cabinet space, and warm natural light. Under-cabinet lighting and a stunning chandelier add beauty and sophistication. Retreat to a lovely primary bedroom on the 3rd floor that offers a serene bathroom and spacious walk-in closet. A second bedroom and full bath rest on the 3rd floor while a third bedroom and bath occupy the 1st-floor, perfect for guests! Delight in a 4th-floor study with access to a rooftop balcony. Enjoy captivating views of a sparkling skyline with a morning cup of coffee or relax with a glass of wine under the stars on this exceptional 4th-floor haven.

  22. 2021-08-30
    status Pending 994-char remark
    Show marketing remark (994 chars)

    Breathtaking skyline views await in this one-of-a-kind opportunity! With beauty around every corner, you'll fall in love with this exceptional 4-story home. Relax or entertain guests in a spacious open floorplan on the 2nd level. High ceilings, gorgeous wood floors, and a gas log fireplace create a welcoming living room atmosphere. Enjoy an elegant island kitchen that features spacious granite countertops, ample cabinet space, and warm natural light. Under-cabinet lighting and a stunning chandelier add beauty and sophistication. Retreat to a lovely primary bedroom on the 3rd floor that offers a serene bathroom and spacious walk-in closet. A second bedroom and full bath rest on the 3rd floor while a third bedroom and bath occupy the 1st-floor, perfect for guests! Delight in a 4th-floor study with access to a rooftop balcony. Enjoy captivating views of a sparkling skyline with a morning cup of coffee or relax with a glass of wine under the stars on this exceptional 4th-floor haven.

  23. 2021-08-21
    status Option Pending 994-char remark
    Show marketing remark (994 chars)

    Breathtaking skyline views await in this one-of-a-kind opportunity! With beauty around every corner, you'll fall in love with this exceptional 4-story home. Relax or entertain guests in a spacious open floorplan on the 2nd level. High ceilings, gorgeous wood floors, and a gas log fireplace create a welcoming living room atmosphere. Enjoy an elegant island kitchen that features spacious granite countertops, ample cabinet space, and warm natural light. Under-cabinet lighting and a stunning chandelier add beauty and sophistication. Retreat to a lovely primary bedroom on the 3rd floor that offers a serene bathroom and spacious walk-in closet. A second bedroom and full bath rest on the 3rd floor while a third bedroom and bath occupy the 1st-floor, perfect for guests! Delight in a 4th-floor study with access to a rooftop balcony. Enjoy captivating views of a sparkling skyline with a morning cup of coffee or relax with a glass of wine under the stars on this exceptional 4th-floor haven.

  24. 2021-08-12
    listed $500,000 Active 994-char remark
    Show marketing remark (994 chars)

    Breathtaking skyline views await in this one-of-a-kind opportunity! With beauty around every corner, you'll fall in love with this exceptional 4-story home. Relax or entertain guests in a spacious open floorplan on the 2nd level. High ceilings, gorgeous wood floors, and a gas log fireplace create a welcoming living room atmosphere. Enjoy an elegant island kitchen that features spacious granite countertops, ample cabinet space, and warm natural light. Under-cabinet lighting and a stunning chandelier add beauty and sophistication. Retreat to a lovely primary bedroom on the 3rd floor that offers a serene bathroom and spacious walk-in closet. A second bedroom and full bath rest on the 3rd floor while a third bedroom and bath occupy the 1st-floor, perfect for guests! Delight in a 4th-floor study with access to a rooftop balcony. Enjoy captivating views of a sparkling skyline with a morning cup of coffee or relax with a glass of wine under the stars on this exceptional 4th-floor haven.

ⓘ 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
$11,040 · $920/mo
Projected year-2 tax
$11,040 · $920/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 · 22 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$55,043
− Mortgage interest
−$27,728
− Property taxes
−$11,040
− Insurance
−$2,475
− Repairs & maintenance
−$4,403
− Management
−$4,403
− HOA
−$2,772
− Depreciation
−$14,400
Taxable loss
−$12,178
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,923
After-tax cash flow
$-1,030/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)
47,808
Household income
$144,911
Rent vs Own
53.8% rent · 46.2% own
Severe rent burden
1812.0

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 0.63)
Race & ethnicity
White 57% Hispanic / Latino 17% Two or more races 13% Asian 11% Black 9%
Hispanic origin (detail)
Mexican 12%
Common ancestry
Slovak 3% Romanian 3% Italian 3%
Foreign-born
19% · Canada, China, South Korea
Languages at home
75% English-only · Spanish 12% Other Indo-European 4% Chinese 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
▼ -219.42%
Current HPI
159.8157
Rent YoY
▼ -0.83%
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

+0.0% since first listed
13 events — show timeline
  • 2026-05-04 Price Changed $500,000 HARMLS
  • 2026-05-01 Relisted HARMLS
  • 2026-03-11 Listing Removed HARMLS
  • 2026-03-10 Relisted HARMLS
  • 2026-02-01 Listing Removed HARMLS
  • 2026-01-29 Relisted HARMLS
  • 2026-01-25 Listing Removed HARMLS
  • 2026-01-21 Listed $515,000 HARMLS
  • 2021-10-04 Sold (Public Records) Public Records
  • 2021-09-30 Sold (MLS) HARMLS
  • 2021-08-30 Pending HARMLS
  • 2021-08-21 Pending HARMLS
  • 2021-08-12 Listed $500,000 HARMLS

Property tax history

+12.2%/yr

Latest (2025): $11,040 · +6.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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