3714 Lydia St · Houston, TX 77021

$119,900

2 bd · 1.0 ba · 1,021 sqft · SingleFamily public records · 6 Days on market

Built 1965 5,000 sqft lot Est $136k · 12% under

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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 +22.2/30.0
• ARV discount +12.8/15.0
• DSCR +7.1/10.0
• 1% rule +6.8/10.0
• Livability +3.7/5.0
• Rent growth +3.0/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This property is priced below the appraised value, perfect for a quick sale. It is situated among newly constructed homes, making it ideal for investors and builders.

Key facts

• 5,000 sq ft lot
• Built 1965
• Listed 5 days

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 1965; Slab foundation; Composition roof
• Construction: Construction materials: Unknown
• Exterior features: Located in a subdivision

Interior

• Bedrooms: Two bedrooms on the first floor (approx. 11x11 and 13x13)
• Bathrooms: One full bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Two total rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $120k.

Deal economics

• At list price, monthly cash flow is $195 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $120k).
• Cap rate 8.2% 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: 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: Cullen Middle (math 6% / reading 14%, grade F, #1,641 of 1,662 statewide, top 99%, 324 students, 100% FRL); Yates H S (math 12% / reading 23%, grade F, #1,451 of 1,632 statewide, top 89%, 851 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 14% at this address vs 31% district-wide (-17 pts) — the specific schools serving this property underperform the Houston ISD average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+2.2%/yr); 471 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 37% of the median local income ($46k/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 $829 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.

Negotiation context

• Only 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts; this cycle's ask has dropped $19k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $119,900

Questions for the listing agent

1. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.18% ✓
• Cap rate: 8.25%
• Cash-on-cash: 6.99%
• DSCR: 1.31
• GRM: 7.1

CMA / ARV

• ARV (on-the-fly): $135,793
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3646 Mainer St	0.06mi	3/1.0 (+1)	1,048 (+3%)	3mo	$120,000	$115	85
3825 Seabrook St	0.23mi	2/1.0	1,062 (+4%)	4mo	$109,900	$103	80
3811 Noah St	0.16mi	2/1.0	903 (-12%)	4mo	$195,000	$216	70
1109 Danube St	0.51mi	2/1.0	945 (-7%)	0mo	$87,000	$92	64
7338 England St	0.52mi	3/1.5 (+1)	1,045 (+2%)	3mo	$76,500	$73	63
3560 Seabrook St	0.25mi	3/1.0 (+1)	928 (-9%)	10mo	$122,000	$131	60
1026 Theresa St	0.49mi	3/2.0 (+1)	960 (-6%)	5mo	$209,900	$219	54
3846 Lydia St	0.19mi	3/2.0 (+1)	1,164 (+14%)	7mo	$165,000	$142	53
3521 Mount Pleasant St	0.36mi	3/1.0 (+1)	1,168 (+14%)	8mo	$125,000	$107	47
6911 Sherwood Dr	0.69mi	3/2.0 (+1)	1,052 (+3%)	9mo	$140,000	$133	46
8030 Lawler St	0.64mi	3/1.0 (+1)	952 (-7%)	10mo	$139,900	$147	45
8015 Cannon St	0.72mi	2/1.0	1,114 (+9%)	11mo	$175,000	$157	42

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 · 2.17% rent growth · sell at horizon

5-year hold

• IRR: -6.5%
• Equity multiple: 0.76×
• Total profit: $-8,075
• Equity at exit: $17,877

10-year hold

• IRR: 2.0%
• Equity multiple: 1.14×
• Total profit: $4,588
• Equity at exit: $10,367

Cash invested: $33,572 (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 77021

• Home prices YoY: -23.6%
• Rents YoY: 2.2%
• Active inventory: 471
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $1,415 high
• Mortgage (P&I): −$629
• Tax from tax record: −$244 /mo · $2,927/yr
• Insurance: −$50
• HOA: −$0
• Vacancy / Maint / Mgmt: −$297
• Net cashflow: $195

Break-even live

Break-even rent $1,168

Max offer price $119,900

Occupancy floor 81%

Sensitivity live

Price	-10% $263	-5% $229	+0% $195	+5% $161	+10% $128
Rent	-10% $84	-5% $140	+0% $195	+5% $251	+10% $307
Rate	-1.0pp $256	-0.5pp $226	base $195	+0.5pp $164	+1.0pp $133

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: $29,975
• Closing costs: $3,597
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7812 Tierwester St Houston, TX	2.0	1.0	800	$950	$1.19	17d	2	0.22mi
7826 Gladstone St Houston, TX	2.0	1.0	760	$1,250	$1.64	0d	1	0.42mi
7823 Gladstone St Houston, TX	2.0	2.0	850	$1,600	$1.88	44d	1	0.42mi
4007 Corder St Houston, TX	2.0	1.0	814	$885	$1.09	25d	1	0.54mi
8010 Livingston St Houston, TX	3.0	2.0	1400	$1,800	$1.29	44d	1	0.55mi
3603 Alice St Houston, TX	1.0	1.0	848	$1,000	$1.18	5d	1	0.61mi
3603 Alice St Houston, TX	2.0	1.0	850	$1,000	$1.18	5d	1	0.61mi
3603 Alice St Unit 15 Houston, TX	2.0	1.0	850	$999	$1.18	8d	1	0.61mi
3603 Alice St Unit 3725-B Houston, TX	1.0	1.0	850	$999	$1.18	8d	1	0.61mi
7032 Conley St Houston, TX	3.0	2.0	1220	$2,850	$2.34	44d	1	0.69mi
3360 Alice St Unit 3047 Houston, TX	3.0	2.0	1154	$1,172	$1.02	12d	1	0.72mi
3360 Alice St Unit 2047 Houston, TX	2.0	2.0	968	$1,347	$1.39	4d	1	0.72mi
3360 Alice St Unit 2174 Houston, TX	2.0	2.0	945	$991	$1.05	15d	1	0.72mi
3360 Alice St Unit 510 Houston, TX	3.0	2.0	1154	$1,172	$1.02	13d	1	0.72mi
3360 Alice St Unit 2292 Houston, TX	2.0	2.0	945	$998	$1.06	45d	1	0.72mi
3360 Alice St Unit 3387 Houston, TX	2.0	2.0	968	$1,307	$1.35	0d	1	0.72mi
3360 Alice St Unit 2174 Houston, TX	2.0	2.0	968	$1,348	$1.39	0d	1	0.72mi
3360 Alice St Unit 3174 Houston, TX	3.0	2.0	1154	$1,121	$0.97	0d	1	0.72mi
3360 Alice St Unit 2162 Houston, TX	2.0	2.0	968	$1,323	$1.37	8d	1	0.72mi
7373 Ardmore St Houston, TX	1.0–3.0	1.0–2.0	1095	$1,526	$1.39	5d	24	0.79mi
7379 Ardmore St Unit 1303 Houston, TX	1.0	1.0	899	$1,193	$1.33	25d	1	0.80mi
7379 Ardmore St Unit 1303 Houston, TX	3.0	2.0	1442	$1,967	$1.36	23d	1	0.80mi
7379 Ardmore St Unit 1303 Houston, TX	3.0	2.0	1442	$1,967	$1.36	44d	1	0.80mi
8328 Corinth St Unit B Houston, TX	3.0	2.5	1500	$2,800	$1.87	21d	1	0.83mi
8181 El Mundo St Houston, TX	1.0–3.0	1.0–2.5	1356	$1,641	$1.21	0d	47	0.85mi
8181 El Mundo St Houston, TX	1.0–3.0	1.0–2.0	1241	$1,772	$1.43	25d	18	0.85mi
4530 Mayflower St Houston, TX	3.0	2.0	1302	$1,800	$1.38	44d	1	0.89mi
2750 Holly Hall St Houston, TX	1.0–2.0	1.0–2.0	796	$2,000	$2.51	44d	10	0.92mi
2750 Holly Hall St Houston, TX	1.0–2.0	1.0–2.0	704	$2,000	$2.84	3d	12	0.92mi
8383 El Mundo St Houston, TX	1.0	1.0	737	$1,292	$1.75	15d	1	0.94mi
8300 El Mundo St Houston, TX	1.0	1.0	770	$948	$1.23	13d	1	0.99mi
8300 El Mundo St Unit 1162 Houston, TX	1.0	1.0	770	$959	$1.25	6d	1	0.99mi
8300 El Mundo St Unit 424 Houston, TX	2.0	2.0	970	$1,265	$1.30	6d	1	0.99mi
8300 El Mundo St Unit 1174 Houston, TX	1.0	1.0	770	$989	$1.28	0d	1	0.99mi
8300 El Mundo St Unit 2112 Houston, TX	2.0	2.0	970	$1,249	$1.29	0d	1	0.99mi
8300 El Mundo St Unit 2174 Houston, TX	2.0	2.0	970	$1,300	$1.34	12d	1	0.99mi
8300 El Mundo St Apt 324 Houston, TX	1.0	1.0	770	$959	$1.25	8d	1	0.99mi
8300 El Mundo St Unit 8357 Houston, TX	2.0	2.0	970	$1,289	$1.33	12d	1	0.99mi
8300 El Mundo St Unit 1112 Houston, TX	1.0	1.0	770	$948	$1.23	0d	1	0.99mi
8300 El Mundo St Unit 2174 Houston, TX	2.0	2.0	970	$1,290	$1.33	0d	1	0.99mi

Listing history 4 events

1. 2026-06-21
   days on market $119,900 Active 6 DOM
2. 2026-06-18
   days on market $119,900 Active 3 DOM
3. 2026-06-18
   remarks 166-char remark
4. 2026-06-18
   listed $119,900 Active 2 DOM

ⓘ 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: $2,927 · $244/mo
• Projected year-2 tax: $2,927 · $244/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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,983
• − Mortgage interest: −$6,716
• − Property taxes: −$2,927
• − Insurance: −$600
• − Repairs & maintenance: −$1,359
• − Management: −$1,359
• − Depreciation: −$3,488
• Taxable income: $535
• Est. tax owed @ 24.0%: −$128
• After-tax cash flow: $2,217/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): 26,153
• Household income: $45,574
• Rent vs Own: 58.2% rent · 41.8% own
• Severe rent burden: 2532.0

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 0.55)
• Race & ethnicity: Black 62% Hispanic / Latino 22% Two or more races 12% White 10% Asian 2%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Italian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 77% English-only · Spanish 19% French/Haitian/Cajun 1% Other Indo-European 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: ▼ -71.22%
• Current HPI: 230.2869
• Rent YoY: ▲ 2.17%
• 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

+11319.0% since first listed

9 events — show timeline

• 2026-06-18 Relisted — HARMLS
• 2026-06-18 Price Changed $119,900 HARMLS
• 2026-05-05 Listing Removed — HARMLS
• 2026-05-03 Listed $138,900 HARMLS
• 2025-08-09 Rental Removed $1,050 SHOWMOJO
• 2025-06-28 Listed for Rent $1,050 SHOWMOJO
• 2023-09-16 Rental Removed — HARMLS
• 2020-04-16 Sold (Public Records) — Public Records
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+7.5%/yr

Latest (2025): $2,927 · -7.1% YoY. Source: county tax records.