5539 Kiam St · Houston, TX
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.7%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +12.8/30.0
- ARV discount +7.5/15.0
- 1% rule +4.2/10.0
- DSCR +3.8/10.0
- Livability +3.7/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$529,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Gorgeous gated patio home in Cottage Grove with a 25X22 ft. backyard. Open floorplan with Kitchen open to both Dining and Family Room. Features include granite kitchen, custom cabinets, wine refrigerator, stainless steel appliances, art niches, hardwood floors on first level, and surround sound. All bedrooms on Second Floor. Large Primary Suite with sitting area and oversized walk-in-closet. Primary Bath with double vanity and dressing area, walk-in shower and jetted tub. Secondary bedrooms with Juliette balconies and walk-in closets. Well appointed walk-in laundry with storage on second floor. Study/loft area measures 9X11 and is the perfect set-up for an at home office. Family Room has a wall of windows with glass door leading to the yard. Backyard is set up for entertaining with a patio/deck and retractable awning. Great for watching the games or an afternoon outdoors. Close proximity to restaurants, bars, shopping, Memorial Park, Downtown the Galleria and freeway access to 610/ 45/
Key facts
- Custom cabinets
- Gated home
- Private driveway
Tags
Property features AI
Finance
- Other: Seller disclosure available
Exterior
- Parking: Attached garage; 2 garage spaces; Driveway
- Utilities: Public water; Public sewer
- Home design: Residential property; Faces north; Built in 2012; Slab foundation
- Construction: Brick and cement siding exterior; Composition roof; Slab foundation; Built in 2012
- Exterior features: Deck; Patio; Fully fenced backyard; Fence
Interior
- Kitchen: Dishwasher; Disposal; Gas oven; Gas range; Microwave; Granite counters; Pantry; Kitchen/family room combo
- Bedrooms: 7 total rooms (room breakdown not provided)
- Flooring: Carpet; Tile; Wood
- Bathrooms: 2 full bathrooms; 1 half bathroom
- Heating & cooling: Central heating (gas); Central air; Electric cooling; Attic fan
- Interior features: Double vanity; Granite counters; Jetted tub; Kitchen/family room combo; Pantry; Soaking tub; Separate shower; Tub/shower; Ceiling fans; Programmable thermostat; Ventilation; Thermostat
- Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $529k.
Deal economics
- At list price, monthly cash flow is $-45 ($-540/yr) — negative.
- To cash-flow at today's rent, offer at most $521k (1.5% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $484k (8.5% below list).
- Recommended offer: $484k (8.5% below list) — sets the bar for 1% rule.
- Cap rate 6.2% 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: Memorial El (math 52% / reading 52%, grade C-, #742 of 4,322 statewide, top 19%, 424 students, 45% FRL); Hogg Middle (math 44% / reading 48%, grade D+, #462 of 1,662 statewide, top 28%, 1,120 students, 52% FRL); Waltrip H S (math 15% / reading 32%, grade F, #1,342 of 1,632 statewide, top 82%, 1,597 students, 74% FRL).
- Market conditions: Rents soft (-0.8%/yr); 651 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 27d on market — plan ~3-4 weeks tenant-placement turnaround); 45% 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 40% 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 $4k of loan paydown is wiped out by about $16k 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 43 days — a 3% lower offer ($513k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 14y 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: 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.
Questions for the listing agent
- 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?
- It's been on market 43 days. Have you received any prior offers? Is the seller open to a 8% concession, seller financing, or rate buy-down credit?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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?
- 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.
- 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.
- 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
- 0.92% ✗
- Cap rate
- 6.19%
- Cash-on-cash
- -0.36%
- DSCR
- 0.98
- GRM
- 9.1
CMA / ARV
- ARV (median comp)
- $529,340
- List price
- $529,000
- Delta
- -0.06%
- 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 |
|---|---|---|---|---|---|---|---|
| 5310 Larkin St Unit B | 0.34mi | 3/3.5 | 2,354 (-0%) | 1mo | $399,000 | $169 | 79 |
| 5410A Nolda St | 0.37mi | 3/3.5 | 2,346 (-1%) | 1mo | $669,900 | $286 | 77 |
| 5336 Petty St Unit C | 0.25mi | 3/3.5 | 2,467 (+4%) | 1mo | $449,000 | $182 | 76 |
| 1628 Mcdonald St | 0.40mi | 3/3.5 | 2,420 (+2%) | 1mo | $575,000 | $238 | 73 |
| 5719 Darling St | 0.24mi | 4/3.0 (+1) | 2,537 (+7%) | 1mo | $490,000 | $193 | 69 |
| 1510 Birdsall St | 0.47mi | 3/3.5 | 2,268 (-4%) | 1mo | $389,000 | $172 | 67 |
| 5908 Kansas St Unit A | 0.47mi | 3/2.5 | 2,576 (+9%) | 1mo | $639,900 | $248 | 63 |
| 2709 Arabelle Grv | 0.28mi | 4/3.5 (+1) | 2,630 (+11%) | 0mo | $625,000 | $238 | 59 |
| 1520 Malone St | 0.47mi | 3/4.0 | 2,557 (+8%) | 1mo | $539,000 | $211 | 57 |
| 1506 Birdsall St | 0.47mi | 3/3.5 | 2,124 (-10%) | 1mo | $425,000 | $200 | 56 |
| 5602 Schuler St | 0.61mi | 3/3.5 | 2,677 (+13%) | 1mo | $495,000 | $185 | 45 |
| 5307 Nett St Unit C | 0.72mi | 3/3.5 | 2,104 (-11%) | 1mo | $399,900 | $190 | 43 |
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
- IRR
- -20.5%
- Equity multiple
- 0.31×
- Total profit
- $-102,572
- Equity at exit
- $78,876
- IRR
- -23.0%
- Equity multiple
- 0.01×
- Total profit
- $-147,010
- Equity at exit
- $45,738
Cash invested: $148,120 (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
ZIP-level market 77007
- Rents YoY
- -0.8%
- Active inventory
- 651
- Price-to-rent
- 9.1×
Monthly cashflow live
- Estimated rent
- $4,841 high interval (Pro) →
- Mortgage (P&I)
- −$2,774
- Tax from tax record
- −$875 /mo · $10,502/yr
- Insurance
- −$220
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,017
- Net cashflow
- $-45
Break-even live
Sensitivity live
| Price | -10% $254 | -5% $105 | +0% $-45 | +5% $-195 | +10% $-344 |
|---|---|---|---|---|---|
| Rent | -10% $-427 | -5% $-236 | +0% $-45 | +5% $146 | +10% $337 |
| Rate | -1.0pp $221 | -0.5pp $90 | base $-45 | +0.5pp $-182 | +1.0pp $-322 |
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
- $132,250
- Closing costs
- $15,870
- 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 38 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 5530 Kiam St Unit 1019540P Houston, TX | 4.0 | 2.5 | 2680 | $15,799 | $5.90 | 45d | 1 | 0.04mi |
| 5530 Kiam St Houston, TX | 4.0 | 2.5 | 2688 | $9,750 | $3.63 | 45d | 1 | 0.04mi |
| 5620 Petty St Houston, TX | 4.0 | 3.5 | 2891 | $8,750 | $3.03 | 45d | 1 | 0.07mi |
| 5620 Petty St Unit 1019538P Houston, TX | 4.0 | 3.5 | 2884 | $16,259 | $5.64 | 24d | 1 | 0.07mi |
| 2210 Radcliffe St Houston, TX | 3.0 | 3.5 | 2066 | $2,716 | $1.31 | 9d | 1 | 0.16mi |
| 5427 Kansas St Houston, TX | 3.0 | 4.0 | 2156 | $2,700 | $1.25 | 45d | 1 | 0.17mi |
| 2103 Radcliffe St Unit 1225772P Houston, TX | 3.0 | 2.0 | 1797 | $4,729 | $2.63 | 9d | 1 | 0.20mi |
| 543 T C Jester Blvd Unit 1225766P Houston, TX | 3.0 | 3.5 | 2389 | $5,557 | $2.33 | 1d | 1 | 0.21mi |
| 5732 Darling St Unit 1056419P Houston, TX | 3.0 | 3.5 | 2400 | $7,771 | $3.24 | 45d | 1 | 0.25mi |
| 5336 Darling St Unit 1225767P Houston, TX | 3.0 | 3.0 | 2292 | $5,997 | $2.62 | 1d | 1 | 0.29mi |
| 5235 Petty St Unit B Houston, TX | 3.0 | 2.5 | 2532 | $3,000 | $1.18 | 45d | 1 | 0.39mi |
| 5418 Inker St Houston, TX | 3.0 | 2.5 | 2357 | $2,766 | $1.17 | 0d | 1 | 0.40mi |
| 5811 Maxie St Houston, TX | 3.0 | 3.5 | 2226 | $3,000 | $1.35 | 45d | 1 | 0.50mi |
| 5108 Larkin St Houston, TX | 3.0 | 3.5 | 2108 | $2,850 | $1.35 | 46d | 1 | 0.55mi |
| 5610 Schuler St Houston, TX | 3.0 | 3.5 | 2614 | $3,111 | $1.19 | 7d | 1 | 0.61mi |
| 920 Westcott St Houston, TX | 1.0–2.0 | 1.0–2.0 | 1175 | $3,306 | $2.81 | 1d | 28 | 0.71mi |
| 4917 Nolda St Houston, TX | 3.0 | 3.5 | 1764 | $5,000 | $2.83 | 26d | 1 | 0.73mi |
| 5305 Nett St Unit A Houston, TX | 3.0 | 3.5 | 2104 | $2,950 | $1.40 | 26d | 1 | 0.74mi |
| 929 Westcott St Houston, TX | 1.0–3.0 | 1.0–3.0 | 1375 | $9,263 | $6.74 | 1d | 21 | 0.75mi |
| 3001 W 11th St Houston, TX | 3.0 | 1.0–2.0 | 1031 | $4,533 | $4.40 | 0d | 50 | 0.76mi |
| 5237 Center St Houston, TX | 3.0 | 3.0 | 2284 | $2,995 | $1.31 | 45d | 1 | 0.81mi |
| 4510 Inker St Houston, TX | 4.0 | 4.0 | 2293 | $4,500 | $1.96 | 45d | 1 | 0.99mi |
| 4508 Maxie St Unit B Houston, TX | 3.0 | 1.0 | 1700 | $3,003 | $1.77 | 17d | 1 | 1.03mi |
| 4608 Nett St Houston, TX | 3.0 | 4.0 | 2261 | $3,750 | $1.66 | 45d | 1 | 1.05mi |
| 1306 Dian St Houston, TX | 4.0 | 2.5 | 2151 | $3,250 | $1.51 | 1d | 1 | 1.05mi |
| 4311 Marina St Houston, TX | 3.0 | 4.0 | 2328 | $3,599 | $1.55 | 45d | 1 | 1.09mi |
| 1723 W 14th St Unit B Houston, TX | 3.0 | 3.5 | 2373 | $3,400 | $1.43 | 22d | 1 | 1.15mi |
| 4444 Center St Houston, TX | 3.0 | 3.0 | 2121 | $3,200 | $1.51 | 45d | 1 | 1.17mi |
| 1332 Dorothy St Houston, TX | 3.0 | 3.5 | 2980 | $6,500 | $2.18 | 24d | 1 | 1.26mi |
| 1126 W 16th St Houston, TX | 3.0 | 4.0 | 2494 | $4,295 | $1.72 | 45d | 1 | 1.28mi |
| 1221 Bonner St Houston, TX | 3.0 | 3.5 | 2252 | $3,200 | $1.42 | 45d | 1 | 1.29mi |
| 915 Thompson St Unit 915 Houston, TX | 4.0 | 3.5 | 3200 | $8,500 | $2.66 | 26d | 1 | 1.30mi |
| 917 Thompson St Unit 917 Houston, TX | 4.0 | 3.5 | 3200 | $8,000 | $2.50 | 26d | 1 | 1.31mi |
| 913 Thompson St #913 Houston, TX | 4.0 | 3.5 | 3200 | $8,500 | $2.66 | 26d | 1 | 1.31mi |
| 911 Thompson St #911 Houston, TX | 4.0 | 3.5 | 3200 | $8,500 | $2.66 | 26d | 1 | 1.31mi |
| 5201 Memorial Dr Houston, TX | 1.0–2.0 | 1.0–2.5 | 1071 | $3,361 | $3.14 | 0d | 16 | 1.41mi |
| 1157 W 18th St Houston, TX | 3.0 | 3.0 | 2431 | $3,500 | $1.44 | 45d | 1 | 1.45mi |
| 1113 W 18th St Unit C Houston, TX | 4.0 | 3.5 | 2150 | $3,249 | $1.51 | 45d | 1 | 1.46mi |
Listing history 28 events
-
2026-06-21days on market $529,000 Active 43 DOM
-
2026-06-18days on market $529,000 Active 40 DOM
-
2026-06-17days on market $529,000 Active 39 DOM
-
2026-06-16days on market $529,000 Active 38 DOM
-
2026-06-15days on market $529,000 Active 37 DOM
-
2026-06-13days on market $529,000 Active 35 DOM
-
2026-06-10days on market $529,000 Active 31 DOM
-
2026-06-08days on market $529,000 Active 30 DOM
-
2026-06-07days on market $529,000 Active 29 DOM
-
2026-06-04days on market $529,000 Active 26 DOM
-
2026-06-01days on market $529,000 Active 23 DOM
-
2026-05-31days on market $529,000 Active 22 DOM
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2026-05-09$539,000 Active 958-char remark
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2021-05-21soldstatus
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2021-05-20soldstatus Sold 1000-char remark
Show marketing remark (1000 chars)
Gorgeous gated patio home in Cottage Grove with a 25X22 ft. backyard. Open floorplan with Kitchen open to both Dining and Family Room. Features include granite kitchen, custom cabinets, wine refrigerator, stainless steel appliances, art niches, hardwood floors on first level, and surround sound. All bedrooms on Second Floor. Large Primary Suite with sitting area and oversized walk-in-closet. Primary Bath with double vanity and dressing area, walk-in shower and jetted tub. Secondary bedrooms with Juliette balconies and walk-in closets. Well appointed walk-in laundry with storage on second floor. Study/loft area measures 9X11 and is the perfect set-up for an at home office. Family Room has a wall of windows with glass door leading to the yard. Backyard is set up for entertaining with a patio/deck and retractable awning. Great for watching the games or an afternoon outdoors. Close proximity to restaurants, bars, shopping, Memorial Park, Downtown the Galleria and freeway access to 610/ 45/
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2021-04-24status Pending 1000-char remark
Show marketing remark (1000 chars)
Gorgeous gated patio home in Cottage Grove with a 25X22 ft. backyard. Open floorplan with Kitchen open to both Dining and Family Room. Features include granite kitchen, custom cabinets, wine refrigerator, stainless steel appliances, art niches, hardwood floors on first level, and surround sound. All bedrooms on Second Floor. Large Primary Suite with sitting area and oversized walk-in-closet. Primary Bath with double vanity and dressing area, walk-in shower and jetted tub. Secondary bedrooms with Juliette balconies and walk-in closets. Well appointed walk-in laundry with storage on second floor. Study/loft area measures 9X11 and is the perfect set-up for an at home office. Family Room has a wall of windows with glass door leading to the yard. Backyard is set up for entertaining with a patio/deck and retractable awning. Great for watching the games or an afternoon outdoors. Close proximity to restaurants, bars, shopping, Memorial Park, Downtown the Galleria and freeway access to 610/ 45/
-
2021-04-15status Option Pending 1000-char remark
Show marketing remark (1000 chars)
Gorgeous gated patio home in Cottage Grove with a 25X22 ft. backyard. Open floorplan with Kitchen open to both Dining and Family Room. Features include granite kitchen, custom cabinets, wine refrigerator, stainless steel appliances, art niches, hardwood floors on first level, and surround sound. All bedrooms on Second Floor. Large Primary Suite with sitting area and oversized walk-in-closet. Primary Bath with double vanity and dressing area, walk-in shower and jetted tub. Secondary bedrooms with Juliette balconies and walk-in closets. Well appointed walk-in laundry with storage on second floor. Study/loft area measures 9X11 and is the perfect set-up for an at home office. Family Room has a wall of windows with glass door leading to the yard. Backyard is set up for entertaining with a patio/deck and retractable awning. Great for watching the games or an afternoon outdoors. Close proximity to restaurants, bars, shopping, Memorial Park, Downtown the Galleria and freeway access to 610/ 45/
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2021-04-12$445,000 Active 1000-char remark
Show marketing remark (1000 chars)
Gorgeous gated patio home in Cottage Grove with a 25X22 ft. backyard. Open floorplan with Kitchen open to both Dining and Family Room. Features include granite kitchen, custom cabinets, wine refrigerator, stainless steel appliances, art niches, hardwood floors on first level, and surround sound. All bedrooms on Second Floor. Large Primary Suite with sitting area and oversized walk-in-closet. Primary Bath with double vanity and dressing area, walk-in shower and jetted tub. Secondary bedrooms with Juliette balconies and walk-in closets. Well appointed walk-in laundry with storage on second floor. Study/loft area measures 9X11 and is the perfect set-up for an at home office. Family Room has a wall of windows with glass door leading to the yard. Backyard is set up for entertaining with a patio/deck and retractable awning. Great for watching the games or an afternoon outdoors. Close proximity to restaurants, bars, shopping, Memorial Park, Downtown the Galleria and freeway access to 610/ 45/
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2017-03-16soldstatus
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2017-03-15soldstatus Sold
Show marketing remark (490 chars)
Fabulous home in Cottage Grove. One of the few homes in the area with a 25X22 ft. back yard. Open floor plan great for entertaining. Features include wood floors on entire 1st level and stairway, granite counter tops, wrought iron staircase, stainless appliances, wine cooler, study/loft area, art niche's, wired for surround sound, and ceiling fans in all bedrooms as well as the living room. Five minutes to downtown and Washington area restaurants as well as ten minutes to the Galleria.
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2017-02-24status Pending
Show marketing remark (490 chars)
Fabulous home in Cottage Grove. One of the few homes in the area with a 25X22 ft. back yard. Open floor plan great for entertaining. Features include wood floors on entire 1st level and stairway, granite counter tops, wrought iron staircase, stainless appliances, wine cooler, study/loft area, art niche's, wired for surround sound, and ceiling fans in all bedrooms as well as the living room. Five minutes to downtown and Washington area restaurants as well as ten minutes to the Galleria.
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2017-02-10status Option Pending
Show marketing remark (490 chars)
Fabulous home in Cottage Grove. One of the few homes in the area with a 25X22 ft. back yard. Open floor plan great for entertaining. Features include wood floors on entire 1st level and stairway, granite counter tops, wrought iron staircase, stainless appliances, wine cooler, study/loft area, art niche's, wired for surround sound, and ceiling fans in all bedrooms as well as the living room. Five minutes to downtown and Washington area restaurants as well as ten minutes to the Galleria.
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2016-09-09price $389,900
Show marketing remark (490 chars)
Fabulous home in Cottage Grove. One of the few homes in the area with a 25X22 ft. back yard. Open floor plan great for entertaining. Features include wood floors on entire 1st level and stairway, granite counter tops, wrought iron staircase, stainless appliances, wine cooler, study/loft area, art niche's, wired for surround sound, and ceiling fans in all bedrooms as well as the living room. Five minutes to downtown and Washington area restaurants as well as ten minutes to the Galleria.
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2016-08-01$410,000 Active
Show marketing remark (490 chars)
Fabulous home in Cottage Grove. One of the few homes in the area with a 25X22 ft. back yard. Open floor plan great for entertaining. Features include wood floors on entire 1st level and stairway, granite counter tops, wrought iron staircase, stainless appliances, wine cooler, study/loft area, art niche's, wired for surround sound, and ceiling fans in all bedrooms as well as the living room. Five minutes to downtown and Washington area restaurants as well as ten minutes to the Galleria.
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2012-11-20soldstatus
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2012-11-19soldstatus
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2012-10-12historical
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2012-09-10$310,000
ⓘ 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
- $10,502 · $875/mo
- Projected year-2 tax
- $10,502 · $875/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 6/10 Major FEMA zone X (shaded) · 70% 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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $58,096
- − Mortgage interest
- −$29,632
- − Property taxes
- −$10,502
- − Insurance
- −$2,645
- − Repairs & maintenance
- −$4,648
- − Management
- −$4,648
- − Depreciation
- −$15,389
- Taxable loss
- −$9,367
- Est. tax savings @ 24.0%
- +$2,248
- After-tax cash flow
- $1,708/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
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
- 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 |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+70.6% since first listed17 events — show timeline
- 2026-05-27 Price Changed $529,000 HARMLS
- 2026-05-09 Listed $539,000 HARMLS
- 2021-05-21 Sold (Public Records) — Public Records
- 2021-05-20 Sold (MLS) — HARMLS
- 2021-04-24 Pending — HARMLS
- 2021-04-15 Pending — HARMLS
- 2021-04-12 Listed $445,000 HARMLS
- 2017-03-16 Sold (Public Records) — Public Records
- 2017-03-15 Sold (MLS) — HARMLS
- 2017-02-24 Pending — HARMLS
- 2017-02-10 Pending — HARMLS
- 2016-09-09 Price Changed $389,900 HARMLS
- 2016-08-01 Listed $410,000 HARMLS
- 2012-11-20 Sold (Public Records) — Public Records
- 2012-11-19 Sold (MLS) — HARMLS
- 2012-10-12 Listing Removed — HARMLS
- 2012-09-10 Listed $310,000 HARMLS
Property tax history
+2.1%/yrLatest (2025): $10,502 · -2.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…