705 Inwood Dr · Baytown, TX 77521

$130,000

4 bd · 2.0 ba · 2,248 sqft · SingleFamily public records · 49 Days on market

Built 1967 8,250 sqft lot $58/sqft · 38% below area Est $209k · 38% under

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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 +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.6/10.0
• Livability +3.5/5.0
• Schools +3.2/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Low TAXES and NO HOA!! Great Opportunity to build some sweat equity! This 4 bedroom 2 bath home is right in the heart of the quaint town of Baytown! Close to shopping and eateries! Don't wait! Call for a private showing!

Key facts

• 8,250 sq ft lot
• 2 garage spots
• Built 1967

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $130k.

Deal economics

• At list price, monthly cash flow is $602 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $126k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.8% vs local median 4.2% in Baytown — 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 69/100 on livability (#412 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
• Goose Creek CISD (urban): math 37% / reading 36% proficiency, ranked #473 of 826 in TX (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Alamo El (math 36% / reading 43%, grade F, #1,545 of 4,322 statewide, top 38%, 788 students, 79% FRL); Horace Mann J H (math 34% / reading 28%, grade F, #1,015 of 1,662 statewide, top 62%, 811 students, 87% FRL); Sterling H S (math 53% / reading 44%, grade D, #560 of 1,632 statewide, top 35%, 2,098 students, 69% FRL) — zoned schools average 78% FRL vs 61% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.5%/yr); 627 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 31% of the median local income ($74k/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 $899 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 + 1.5% rent growth), your $36k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 6y 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 $53k; list at $130k implies a 145% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $126,100 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 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 1967 — 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: 1.46% ✓
• Cap rate: 11.85%
• Cash-on-cash: 19.84%
• DSCR: 1.88
• GRM: 5.7

CMA / ARV

• ARV (median comp): $209,018
• List price: $130,000
• Delta: -37.80%
• 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
705 Inwood Dr	0.00mi	4/2.0	2,248 (0%)	1mo	$130,000	$58	99
504 River Bend Dr	0.24mi	4/2.5	2,306 (+3%)	5mo	$249,999	$108	78
414 Harold Ln	0.31mi	5/2.0 (+1)	2,052 (-9%)	5mo	$254,900	$124	62
2126 Sanders Brook Dr	0.51mi	4/2.5	2,377 (+6%)	5mo	$331,163	$139	61
3310 Tranquility Ln	0.59mi	4/2.5	2,310 (+3%)	7mo	$311,830	$135	60
2127 Sanders Brook Dr	0.49mi	4/3.0	2,121 (-6%)	6mo	$307,279	$145	59
2118 Sanders Brook Dr	0.51mi	4/3.0	2,121 (-6%)	6mo	$303,197	$143	58
2102 Spring Hollow Dr	0.54mi	4/3.0	2,121 (-6%)	6mo	$326,582	$154	57
212 Harold Ln	0.48mi	3/2.5 (-1)	2,058 (-8%)	1mo	$175,000	$85	56
3227 Falling Brook Dr	0.67mi	4/3.0	2,121 (-6%)	3mo	$299,000	$141	53
3406 Rolling River Dr	0.46mi	3/2.5 (-1)	1,988 (-12%)	2mo	$316,398	$159	50
3310 Rolling River Dr	0.43mi	3/2.5 (-1)	1,988 (-12%)	5mo	$295,198	$148	50

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 · 1.48% rent growth · sell at horizon

5-year hold

• IRR: 10.2%
• Equity multiple: 1.40×
• Total profit: $14,439
• Equity at exit: $19,383

10-year hold

• IRR: 18.1%
• Equity multiple: 2.39×
• Total profit: $50,668
• Equity at exit: $11,240

Cash invested: $36,400 (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 77521

• Rents YoY: 1.5%
• Active inventory: 627
• Price-to-rent: 5.7×

Monthly cashflow live

• Estimated rent: $1,899 medium
• Mortgage (P&I): −$682
• Tax est. 1.5%: −$162 /mo · $1,950/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $602

Break-even live

Break-even rent $1,137

Max offer price $130,000

Occupancy floor 63%

Sensitivity live

Price	-10% $692	-5% $647	+0% $602	+5% $557	+10% $512
Rent	-10% $452	-5% $527	+0% $602	+5% $677	+10% $752
Rate	-1.0pp $667	-0.5pp $635	base $602	+0.5pp $568	+1.0pp $534

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
305 Kelly Ln Baytown, TX	3.0	2.0	1650	$1,000	$0.61	17d	1	0.45mi
1601 Garth Rd Baytown, TX	2.0–3.0	1.0–2.5	1190	$1,499	$1.26	5d	5	0.74mi
700 Meadowglen Dr Baytown, TX	3.0	2.0	1472	$1,800	$1.22	1d	1	1.21mi
700 Meadowglen Dr Baytown, TX	3.0	2.0	1472	$1,800	$1.22	26d	1	1.21mi
800 Charles Pl Baytown, TX	3.0	2.5	1905	$1,846	$0.97	26d	1	1.28mi

Listing history 24 events

1. 2026-04-01
   listed $130,000 Active 221-char remark

   Show marketing remark (221 chars)

   Low TAXES and NO HOA!! Great Opportunity to build some sweat equity! This 4 bedroom 2 bath home is right in the heart of the quaint town of Baytown! Close to shopping and eateries! Don't wait! Call for a private showing!

2. 2026-03-31
   historical
3. 2026-02-21
   price $130,000
4. 2025-11-20
   status Active
5. 2025-11-19
   historical
6. 2025-11-11
   price $145,000
7. 2025-08-20
   listed $155,000 Active
8. 2025-08-19
   price $155,000
9. 2025-08-19
   historical
10. 2025-07-12
    price $165,000
11. 2025-06-06
    price $175,000
12. 2025-04-22
    listed $185,000 Active
13. 2021-03-24
    soldstatus Sold
14. 2021-03-24
    soldstatus
15. 2021-03-24
    soldstatus
16. 2020-12-28
    status Pending
17. 2020-12-04
    historical
18. 2020-12-04
    listed $140,000 Active
19. 2020-11-26
    price $165,000
20. 2020-11-26
    status Active
21. 2020-11-24
    status Option Pending
22. 2020-11-15
    listed $180,000 Active
23. 1995-09-06
    soldstatus
24. 1995-09-01
    soldstatus $53,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 53% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,790
• − Mortgage interest: −$7,282
• − Property taxes: −$1,950
• − Insurance: −$650
• − Repairs & maintenance: −$1,823
• − Management: −$1,823
• − Depreciation: −$3,782
• Taxable income: $5,480
• Est. tax owed @ 24.0%: −$1,315
• After-tax cash flow: $5,908/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: Goose Creek CISD
• NCES district ID: 4821150
• Math proficiency: 37% ▼ -11.00%
• Reading proficiency: 36% ▼ -4.00%
• Median HH income: $52,468
• Composite: 31.84/100
• National rank: #5877
• State rank: #473 of 826 in TX

Livability — Baytown

• Score: 69/100
• State rank: #412
• US rank: #8494

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baytown, TX
• County: Harris County · 4,702,590 people
• City population: 135,579
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 69,038
• Household income: $73,629
• Rent vs Own: 41.8% rent · 58.2% own
• Severe rent burden: 2121.0

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 0.64)
• Race & ethnicity: Hispanic / Latino 50% White 28% Two or more races 18% Black 17% Asian 3%
• Hispanic origin (detail): Mexican 42% Puerto Rican 2%
• Common ancestry: Lithuanian 2% Slovak 1%
• Foreign-born: 20% · Canada, Vietnam
• Languages at home: 59% English-only · Spanish 36% French/Haitian/Cajun 1% Other Asian/Pacific 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: ▼ -154.80%
• Current HPI: 246.1892
• Rent YoY: ▲ 1.48%
• 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

+145.3% since first listed

24 events — show timeline

• 2026-04-01 Listed $130,000 HARMLS
• 2026-03-31 Listing Removed — HARMLS
• 2026-02-21 Price Changed $130,000 HARMLS
• 2025-11-20 Relisted — HARMLS
• 2025-11-19 Listing Removed — HARMLS
• 2025-11-11 Price Changed $145,000 HARMLS
• 2025-08-20 Listed $155,000 HARMLS
• 2025-08-19 Price Changed $155,000 HARMLS
• 2025-08-19 Listing Removed — HARMLS
• 2025-07-12 Price Changed $165,000 HARMLS
• 2025-06-06 Price Changed $175,000 HARMLS
• 2025-04-22 Listed $185,000 HARMLS
• 2021-03-24 Sold (Public Records) — Public Records
• 2021-03-24 Sold (Public Records) — Public Records
• 2021-03-24 Sold (MLS) — HARMLS
• 2020-12-28 Pending — HARMLS
• 2020-12-04 Listed $140,000 HARMLS
• 2020-12-04 Listing Removed — HARMLS
• 2020-11-26 Price Changed $165,000 HARMLS
• 2020-11-26 Relisted — HARMLS
• 2020-11-24 Pending — HARMLS
• 2020-11-15 Listed $180,000 HARMLS
• 1995-09-06 Sold (Public Records) — Public Records
• 1995-09-01 Sold (Public Records) $53,000 Public Records

Property tax history

+9.4%/yr

Latest (2025): $7,156 · +3.8% YoY. Source: county tax records.