11673 Village Place Dr #253 · Houston, TX
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.73%
- 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 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 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).
- ARV discount +15.0/15.0
- 1% rule +5.7/10.0
- Cash flow +4.7/30.0
- Livability +3.7/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$140,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
Key facts
- Bright kitchen
- Open layout
- Private patio
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.5-bath townhouse listed at $140k.
Deal economics
- At list price, monthly cash flow is $-349 ($-4k/yr) — negative.
- To cash-flow at today's rent, offer at most $79k (43.4% below list).
- Meets the 1% rule at list price ($2k rent vs $140k).
- Recommended offer: $79k (43.4% below list) — sets the bar for cash-flow.
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 (-1.5%/yr); 354 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).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $968 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
- It's been on market 260 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 20y ago; this cycle's ask has dropped $35k (20%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 2.8% of price; HOA is 28% of rent.
- Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/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 260 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
- Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.07% ✓
- Cap rate
- 3.30%
- Cash-on-cash
- -10.69%
- DSCR
- 0.52
- GRM
- 7.8
CMA / ARV
- ARV (median comp)
- $201,153
- List price
- $140,000
- Delta
- -30.40%
- 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 |
|---|---|---|---|---|---|---|---|
| 11522 Village Place Dr #81 | 0.10mi | 2/2.5 | 1,647 (-0%) | 3mo | $200,000 | $121 | 92 |
| 2372 Woodland Park Dr #121 | 0.17mi | 3/2.5 (+1) | 1,647 (-0%) | 2mo | $219,900 | $134 | 85 |
| 2332 Woodland Park Dr #11 | 0.18mi | 2/2.5 | 1,647 (-0%) | 9mo | $139,000 | $84 | 84 |
| 11608 Village Place Dr #334 | 0.06mi | 3/2.5 (+1) | 1,552 (-6%) | 1mo | $200,000 | $129 | 82 |
| 11539 Village Place Dr #166 | 0.10mi | 2/2.5 | 1,444 (-12%) | 2mo | $164,900 | $114 | 72 |
| 11609 Southlake Dr #34 | 0.14mi | 3/2.5 (+1) | 1,552 (-6%) | 8mo | $149,900 | $97 | 71 |
| 2384 Woodland Park Dr #134 | 0.17mi | 3/2.5 (+1) | 1,552 (-6%) | 7mo | $170,000 | $110 | 71 |
| 11710 Southlake Dr #25 | 0.17mi | 2/2.5 | 1,432 (-13%) | 11mo | $165,000 | $115 | 60 |
| 11817 Southlake Dr | 0.35mi | 3/2.5 (+1) | 1,422 (-14%) | 1mo | $220,000 | $155 | 55 |
| 11917 Southlake Dr Unit E2 | 0.42mi | 2/2.5 | 1,452 (-12%) | 12mo | $185,000 | $127 | 50 |
| 11818 Southlake Dr Unit D1 | 0.34mi | 3/2.0 (+1) | 1,422 (-14%) | 9mo | $209,000 | $147 | 47 |
| 2922 Meadowglen Crst | 0.66mi | 3/2.5 (+1) | 1,757 (+6%) | 11mo | $249,990 | $142 | 44 |
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
- -41.7%
- Equity multiple
- -0.25×
- Total profit
- $-48,960
- Equity at exit
- $20,874
- IRR
- —
- Equity multiple
- -1.21×
- Total profit
- $-86,791
- Equity at exit
- $12,105
Cash invested: $39,200 (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 77077
- Rents YoY
- -1.5%
- Active inventory
- 354
- Price-to-rent
- 7.8×
Monthly cashflow live
- Estimated rent
- $1,504 high interval (Pro) →
- Mortgage (P&I)
- −$734
- Tax from tax record
- −$330 /mo · $3,960/yr
- Insurance
- −$58
- HOA
- −$415
- Vacancy / Maint / Mgmt
- −$316
- Net cashflow
- $-349
Break-even live
Sensitivity live
| Price | -10% $-270 | -5% $-310 | +0% $-349 | +5% $-389 | +10% $-428 |
|---|---|---|---|---|---|
| Rent | -10% $-468 | -5% $-409 | +0% $-349 | +5% $-290 | +10% $-230 |
| Rate | -1.0pp $-279 | -0.5pp $-314 | base $-349 | +0.5pp $-385 | +1.0pp $-422 |
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
- $35,000
- Closing costs
- $4,200
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 111609 Village Place Dr Houston, TX | 2.0 | 3.0 | 1444 | $1,698 | $1.18 | 44d | 1 | 0.08mi |
| 2310 Crescent Park Dr Unit 3112 Houston, TX | 3.0 | 2.0 | 1225 | $1,450 | $1.18 | 0d | 1 | 0.14mi |
| 2310 Crescent Park Dr Unit 2343 Houston, TX | 3.0 | 2.0 | 1225 | $1,444 | $1.18 | 11d | 1 | 0.14mi |
| 2500 Woodland Park Dr Houston, TX | 1.0–3.0 | 1.0–2.0 | 1026 | $1,432 | $1.40 | 0d | 44 | 0.20mi |
| 2607 Woodland Park Dr Houston, TX | 2.0 | 2.0 | 1099 | $1,497 | $1.36 | 25d | 1 | 0.36mi |
| 2607 Woodland Park Dr Houston, TX | 3.0 | 2.0 | 1272 | $1,672 | $1.31 | 44d | 1 | 0.36mi |
| 2607 Woodland Park Dr Houston, TX | 3.0 | 2.0 | 1272 | $1,672 | $1.31 | 22d | 1 | 0.36mi |
| 2700 Woodland Park Dr Houston, TX | 1.0–3.0 | 1.0–2.0 | 977 | $1,572 | $1.61 | 3d | 25 | 0.37mi |
| 2410 S Kirkwood Rd Houston, TX | 1.0–3.0 | 1.0–2.0 | 1019 | $1,112 | $1.09 | 44d | 12 | 0.37mi |
| 2601 Woodland Park Dr Houston, TX | 1.0–2.0 | 1.0–2.0 | 911 | $1,502 | $1.65 | 2d | 20 | 0.38mi |
| 11655 Briar Forest Dr Unit 3187 Houston, TX | 3.0 | 2.0 | 1060 | $1,205 | $1.14 | 0d | 1 | 0.42mi |
| 11655 Briar Forest Dr Unit 510 Houston, TX | 3.0 | 2.0 | 1060 | $1,199 | $1.13 | 11d | 1 | 0.42mi |
| 2777 Woodland Park Dr Unit 2814 Houston, TX | 2.0 | 2.0 | 1133 | $1,712 | $1.51 | 44d | 1 | 0.50mi |
| 2301 Hayes Rd Unit 2334 Houston, TX | 3.0 | 2.0 | 1150 | $1,435 | $1.25 | 0d | 1 | 0.53mi |
| 2828 Hayes Rd Houston, TX | 1.0–2.0 | 1.0–2.0 | 1064 | $1,899 | $1.78 | 8d | 24 | 0.54mi |
| 11805 Meadowglen Ln Houston, TX | 1.0–2.0 | 1.0–2.0 | 1002 | $2,258 | $2.25 | 6d | 29 | 0.55mi |
| 2101 Hayes Rd Unit 2134 Houston, TX | 3.0 | 2.0 | 1150 | $1,437 | $1.25 | 0d | 1 | 0.56mi |
| 2102 Gray Falls Dr Houston, TX | 3.0 | 2.0 | 1849 | $2,245 | $1.21 | 44d | 1 | 0.63mi |
| 2909 Hayes Rd Houston, TX | 1.0–3.0 | 1.0–2.0 | 973 | $1,055 | $1.08 | 4d | 21 | 0.74mi |
| 3225 Woodland Park Dr Unit 3258 Houston, TX | 3.0 | 2.0 | 1268 | $1,541 | $1.22 | 44d | 1 | 0.80mi |
| 3225 Woodland Park Dr Unit 3174 Houston, TX | 3.0 | 2.0 | 1268 | $1,864 | $1.47 | 11d | 1 | 0.80mi |
| 3225 Woodland Park Dr Unit 3165 Houston, TX | 3.0 | 2.0 | 1268 | $1,832 | $1.44 | 3d | 1 | 0.80mi |
| 1 FM 2611 Brazoria, TX | 1.0–3.0 | 1.0–2.0 | 999 | $1,525 | $1.53 | 2d | 31 | 0.82mi |
| 3231 Woodland Park Dr Houston, TX | 2.0 | 2.0 | 1057 | $1,530 | $1.45 | 44d | 1 | 0.83mi |
| 12655 W Houston Center Blvd Houston, TX | 1.0–3.0 | 1.0–2.5 | 1042 | $1,689 | $1.62 | 3d | 21 | 0.92mi |
| 11355 Richmond Ave Houston, TX | 1.0–3.0 | 1.0–2.0 | 909 | $1,401 | $1.54 | 2d | 35 | 0.95mi |
| 2846 Shadowbriar Dr Houston, TX | 3.0 | 2.0 | 1300 | $1,876 | $1.44 | 44d | 1 | 0.98mi |
| 10940 Meadowglen Ln Houston, TX | 2.0 | 2.0 | 1081 | $1,315 | $1.22 | 44d | 1 | 0.99mi |
| 2840 Shadowbriar Dr Houston, TX | 1.0–3.0 | 1.0–2.0 | 1020 | $1,522 | $1.49 | 3d | 21 | 1.02mi |
| 1307 Wilcrest Dr Unit 3300 Houston, TX | 3.0 | 2.0 | 1288 | $1,517 | $1.18 | 25d | 1 | 1.03mi |
| 1307 Wilcrest Dr Unit 3505 Houston, TX | 3.0 | 2.0 | 1288 | $1,492 | $1.16 | 25d | 1 | 1.03mi |
| 1307 Wilcrest Dr Unit 3174 Houston, TX | 3.0 | 2.0 | 1288 | $1,506 | $1.17 | 11d | 1 | 1.03mi |
| 1307 Wilcrest Dr Unit 3302 Houston, TX | 3.0 | 2.0 | 1288 | $1,567 | $1.22 | 25d | 1 | 1.03mi |
| 1307 Wilcrest Dr Unit 1340 Houston, TX | 3.0 | 2.0 | 1288 | $1,517 | $1.18 | 44d | 1 | 1.03mi |
| 10950 Briar Forest Dr Houston, TX | 1.0–4.0 | 1.0–2.0 | 1019 | $883 | $0.87 | 8d | 1 | 1.05mi |
| 10956 Briar Forest Dr Houston, TX | 3.0 | 2.0 | 1237 | $1,300 | $1.05 | 14d | 1 | 1.05mi |
| 10956 Briar Forest Dr Houston, TX | 3.0 | 2.0 | 1237 | $1,300 | $1.05 | 19d | 1 | 1.05mi |
| 10901 Meadowglen Ln Unit 317B Houston, TX | 2.0 | 2.0 | 1119 | $1,299 | $1.16 | 22d | 1 | 1.05mi |
| 10936 Meadowglen Ln Houston, TX | 1.0–2.0 | 1.0–2.0 | 862 | $1,495 | $1.73 | 2d | 36 | 1.05mi |
| 10925 Briar Forest Dr Houston, TX | 1.0–3.0 | 1.0–2.0 | 944 | $1,224 | $1.30 | 0d | 14 | 1.08mi |
HOA detail
- Monthly dues
- $415 · $4,980/yr
Listing history 25 events
-
2026-06-13statusdays on market $140,000 Pending 260 DOM
-
2026-06-10days on market $140,000 Active Under Contract 259 DOM
-
2026-06-08days on market $140,000 Active Under Contract 258 DOM
-
2026-06-07statusdays on market $140,000 Active Under Contract 257 DOM
-
2026-06-04days on market $140,000 Active 254 DOM
-
2026-06-01days on market $140,000 Active 251 DOM
-
2026-05-31days on market $140,000 Active 250 DOM
-
2026-05-15price $142,000 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2026-05-02price $149,500 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2026-04-06price $159,500 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2026-03-06price $169,000 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2026-03-06price $174,000 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2026-01-18price $175,000 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2025-12-03price $176,000 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2025-11-06price $177,900 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2025-10-16price $178,500 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2025-09-24price $179,000 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
-
2025-09-23$175,000 Active 519-char remark
Show marketing remark (519 chars)
Beautifully maintained 2-story townhouse in the heart of Houston’s Energy Corridor! This 3-bedroom, 2-bath home offers an inviting open layout, spacious living and dining areas, and a bright kitchen perfect for everyday living and entertaining. Upstairs, you’ll find generously sized bedrooms for comfort and privacy. Enjoy a private patio and 2-car garage, all within a well-kept community close to shopping, dining, and major highways. Don't miss this best value in the energy corridor! This won't last!!!
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2025-09-22historical
-
2025-09-19price $189,900
-
2024-07-31$199,900 Active
-
2007-05-08soldstatus
-
2007-03-19historical
-
2006-09-19$115,000
-
1991-04-26soldstatus
ⓘ 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
- $3,960 · $330/mo
- Projected year-2 tax
- $3,960 · $330/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 (unshaded) · 73% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥110°F today · 24 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $18,051
- − Mortgage interest
- −$7,842
- − Property taxes
- −$3,960
- − Insurance
- −$700
- − Repairs & maintenance
- −$1,444
- − Management
- −$1,444
- − HOA
- −$4,980
- − Depreciation
- −$4,073
- Taxable loss
- −$6,392
- Est. tax savings @ 24.0%
- +$1,534
- After-tax cash flow
- $-2,656/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)
- 60,098
- Household income
- $72,871
- Rent vs Own
- Severe rent burden
- 4430.0
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
- Highly diverse neighborhood (Simpson 0.75)
- Race & ethnicity
- White 33% Black 29% Hispanic / Latino 21% Two or more races 13% Asian 12%
- Hispanic origin (detail)
- Mexican 10% Dominican 1%
- Common ancestry
- Lithuanian 2% Italian 1% Romanian 1%
- Foreign-born
- 32% · Canada, China, Jamaica
- Languages at home
- 63% English-only · Spanish 17% Other Indo-European 6% Other Asian/Pacific 3%
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
- ▼ -211.08%
- Current HPI
- 207.9914
- Rent YoY
- ▼ -1.51%
- 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
+23.5% since first listed18 events — show timeline
- 2026-05-15 Price Changed $142,000 HARMLS
- 2026-05-02 Price Changed $149,500 HARMLS
- 2026-04-06 Price Changed $159,500 HARMLS
- 2026-03-06 Price Changed $169,000 HARMLS
- 2026-03-06 Price Changed $174,000 HARMLS
- 2026-01-18 Price Changed $175,000 HARMLS
- 2025-12-03 Price Changed $176,000 HARMLS
- 2025-11-06 Price Changed $177,900 HARMLS
- 2025-10-16 Price Changed $178,500 HARMLS
- 2025-09-24 Price Changed $179,000 HARMLS
- 2025-09-23 Listed $175,000 HARMLS
- 2025-09-22 Listing Removed — HARMLS
- 2025-09-19 Price Changed $189,900 HARMLS
- 2024-07-31 Listed $199,900 HARMLS
- 2007-05-08 Sold (Public Records) — Public Records
- 2007-03-19 Listing Removed — HARMLS
- 2006-09-19 Listed $115,000 HARMLS
- 1991-04-26 Sold (Public Records) — Public Records
Property tax history
+1.9%/yrLatest (2025): $3,960 · +4.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…