1730 West Stroker Rd · Houston, TX 77532

$212,990

3 bd · 2.0 ba · 1,330 sqft · Land · 216 Days on market

Built 2025 4,971 sqft lot $160/sqft · 14% below area Est $247k · 14% under $125/mo HOA · 6% of rent ↓ 16% since listing

---

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 +20.5/30.0
• ARV discount +13.7/15.0
• DSCR +6.5/10.0
• 1% rule +5.3/10.0
• Livability +3.7/5.0
• Schools +3.5/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

Key facts

• Ample cabinets
• Bay window
• Private entry

Tags

• OPEN-CONCEPT LIVING SPACE
• PLENTIFUL GRANITE COUNTERTOPS
• AMPLE CABINETS
• PRIVATE ENTRY
• BAY WINDOW
• WALK-IN SHOWER

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath land listed at $213k.

Deal economics

• At list price, monthly cash flow is $281 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $213k).
• Recommended offer: $187k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 3.1% 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.
• Crosby ISD (rural): math 39% / reading 40% proficiency, ranked #369 of 826 in TX (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+1.5%/yr); 1172 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 216 days — a 12% lower offer ($187k) is reasonable based on typical stale-listing flexibility.

Recommended offer $187,431 (12.0% below list)

Questions for the listing agent

1. It's been on market 216 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
8. 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.
9. 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: 1.03% ✓
• Cap rate: 7.87%
• Cash-on-cash: 5.65%
• DSCR: 1.25
• GRM: 8.1

CMA / ARV

• ARV (median comp): $246,912
• List price: $212,990
• Delta: -13.74%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 1.48% rent growth · sell at horizon

5-year hold

• IRR: -9.3%
• Equity multiple: 0.67×
• Total profit: $-19,913
• Equity at exit: $31,758

10-year hold

• IRR: -1.9%
• Equity multiple: 0.88×
• Total profit: $-7,357
• Equity at exit: $18,415

Cash invested: $59,637 (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 77532

• Home prices YoY: -28.6%
• Rents YoY: 1.5%
• Active inventory: 1172
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,186 medium
• Mortgage (P&I): −$1,117
• Tax from tax record: −$116 /mo · $1,386/yr
• Insurance: −$89
• HOA: −$125
• Vacancy / Maint / Mgmt: −$459
• Net cashflow: $281

Break-even live

Break-even rent $1,831

Max offer price $212,990

Occupancy floor 82%

Sensitivity live

Price	-10% $401	-5% $341	+0% $281	+5% $220	+10% $160
Rent	-10% $108	-5% $194	+0% $281	+5% $367	+10% $453
Rate	-1.0pp $388	-0.5pp $335	base $281	+0.5pp $225	+1.0pp $169

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: $53,248
• Closing costs: $6,390
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
20119 Iron Winds St Crosby, TX	3.0	2.0	1418	$1,875	$1.32	13d	1	0.15mi
20034 White Dove Dr Crosby, TX	3.0	2.0	1273	$1,850	$1.45	13d	1	0.44mi

HOA detail

• Monthly dues: $125 · $1,500/yr

Listing history 19 events

1. 2026-06-15
   status $212,990 Pending 216 DOM
2. 2026-06-15
   days on market $212,990 Active 216 DOM
3. 2026-06-13
   days on market $212,990 Active 214 DOM
4. 2026-06-09
   days on market $212,990 Active 210 DOM
5. 2026-06-08
   days on market $212,990 Active 209 DOM
6. 2026-06-07
   days on market $212,990 Active 208 DOM
7. 2026-06-04
   days on market $212,990 Active 205 DOM
8. 2026-06-03
   days on market $212,990 Active 204 DOM
9. 2026-06-02
   days on market $212,990 Active 203 DOM
10. 2026-06-01
    days on market $212,990 Active 202 DOM
11. 2026-05-31
    days on market $212,990 Active 201 DOM
12. 2026-05-07
    status Pending 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

13. 2026-05-04
    price $212,990 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

14. 2026-04-20
    price $214,990 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

15. 2026-04-13
    price $219,990 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

16. 2026-02-16
    price $224,990 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

17. 2026-01-07
    price $234,990 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

18. 2025-12-22
    price $249,990 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

19. 2025-10-20
    listed $252,990 Active 774-char remark

    Show marketing remark (774 chars)

    READY NOW! Introducing the Primrose: This home has a 3-bedroom, 2-full bathroom home. This home boasts an open-concept living space that seamlessly merges the family room, dining area, and kitchen, creating an ideal setting for entertainment and relaxation. The kitchen has plentiful granite countertops and ample cabinets, making meal preparation effortless. Indulge in the ultimate comfort of the owner's suite, accessed through a private entry off the family room. The owner's bedroom maximizes space and natural light with a bay window, while the spa-like bath retreat features a walk-in shower and a large walk-in closet, providing ample storage for all your belongings. For additional entertainment space, the covered patio is the perfect venue for outdoor gatherings.

ⓘ 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: $1,386 · $116/mo
• Projected year-2 tax: $3,898 · $325/mo
• Expected delta: +$2,512/yr (+$209/mo · 181.2%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $26,231
• − Mortgage interest: −$11,931
• − Property taxes: −$1,386
• − Insurance: −$1,065
• − Repairs & maintenance: −$2,099
• − Management: −$2,099
• − HOA: −$1,500
• − Depreciation: −$6,196
• Taxable loss: −$44
• Est. tax savings @ 24.0%: +$10
• After-tax cash flow: $3,379/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: Crosby ISD
• NCES district ID: 4815750
• Math proficiency: 39% ▼ -13.00%
• Reading proficiency: 40% ▼ -5.00%
• Median HH income: $61,079
• Composite: 35.14/100
• National rank: #5012
• State rank: #369 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

• County: Harris County · 4,702,590 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 33,780
• Household income: $92,201
• Rent vs Own: 13.9% rent · 86.1% own
• Severe rent burden: 382.0

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 0.60)
• Race & ethnicity: White 54% Hispanic / Latino 31% Two or more races 16% Black 9%
• Hispanic origin (detail): Mexican 24%
• Common ancestry: Lithuanian 4% Romanian 3% Italian 2%
• Foreign-born: 10% · Canada
• Languages at home: 78% English-only · Spanish 21%

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: ▼ -105.63%
• Current HPI: 264.0126
• 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

-15.8% since first listed

8 events — show timeline

• 2026-05-07 Pending — HARMLS
• 2026-05-04 Price Changed $212,990 HARMLS
• 2026-04-20 Price Changed $214,990 HARMLS
• 2026-04-13 Price Changed $219,990 HARMLS
• 2026-02-16 Price Changed $224,990 HARMLS
• 2026-01-07 Price Changed $234,990 HARMLS
• 2025-12-22 Price Changed $249,990 HARMLS
• 2025-10-20 Listed $252,990 HARMLS