4211 Allen St · Houston, TX 77007

$455,000

3 bd · 3.5 ba · 2,364 sqft · SingleFamily public records · 14 Days on market

Built 2018 1,598 sqft lot Est $596k · 24% under $163/mo HOA · 4% of rent

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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
• Cash flow +11.6/30.0
• 1% rule +4.6/10.0
• Livability +3.7/5.0
• DSCR +3.4/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Experience the best of city living at 4211 Allen Street—a beautifully updated 3-story home in the heart of Rice Military/Washington Corridor. With 2,364 sq ft, this 3-bed, 3.1 bath home offers style, space, and an unbeatable location. The first floor features a private bedroom with en-suite bath and garage access—great for guests or a home office. The second floor boasts a light-filled living room, sleek kitchen with island seating, stainless appliances, and a formal dining area perfect for entertaining. Upstairs, the primary suite offers a spa-like bath with double sinks, soaking tub, separate shower, and a huge walk-in closet. Another en-suite bedroom completes the top floor.

Key facts

• Private bedroom
• Island seating
• Stainless appliances

Tags

• PRIVATE BEDROOM
• EN-SUITE BATH
• LIGHT-FILLED LIVING ROOM
• SLEEK KITCHEN
• ISLAND SEATING
• STAINLESS APPLIANCES

Property features AI

Finance

• HOA & community: Association: King; Controlled access; Trash service; Annual association fee ($1,950)

Exterior

• Parking: Attached garage; 2 garage spaces; Attached parking
• Security: Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Residential property; Faces south; Built in 2018; Slab foundation
• Construction: Brick and stucco construction; Composition roof
• Exterior features: Balcony; Subdivision lot

Interior

• Kitchen: Dishwasher; Disposal; Gas oven; Gas range; Ice maker; Microwave; Wine refrigerator; Refrigerator
• Bedrooms: Primary bedroom on third level (approx. 16.1 x 16.2); Bedroom on first level (approx. 10.7 x 15.2); Bedroom on third level (approx. 12.8 x 11.1)
• Flooring: Carpet; Engineered hardwood; Tile
• Bathrooms: 3 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (gas); Central air (gas)
• Interior features: Breakfast bar; Double vanity; Kitchen island; Kitchen/family room combo; Primary bedroom with bath; Pantry; Quartzite counters; Soaking tub; Separate shower; Tub/shower combo; Ceiling fans; Kitchen/dining combo; Living/dining room; Programmable thermostat
• Laundry & utility: Washer and dryer included; Washer hookup; Electric dryer hookup; Gas dryer hookup; Tankless water heater

What this means for you Summary

Snapshot

• This is a 3-bed/3.5-bath single-family listed at $455k.

Deal economics

• At list price, monthly cash flow is $-142 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $430k (5.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $436k (4.1% below list).
• Recommended offer: $430k (5.5% below list) — sets the bar for cash-flow.
• Cap rate 5.9% 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: Hogg Middle (math 44% / reading 48%, grade D+, #462 of 1,662 statewide, top 28%, 1,120 students, 52% FRL); Heights H S (math 27% / reading 57%, grade F, #730 of 1,632 statewide, top 47%, 2,476 students, 65% FRL).
• Zoned-school proficiency averages 44% at this address vs 31% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Houston ISD average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: Rents soft (-0.8%/yr); 646 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 36% 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 $3k of loan paydown is wiped out by about $14k 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 14 days on market — expect competitive offers; lowballing is unlikely to land.
• 8 sale attempts since 24y 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 $31k; list at $455k implies a 1387% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: 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.

Recommended offer $429,862 (5.5% below list)

Questions for the listing agent

1. 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?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
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: 0.96% ✗
• Cap rate: 5.92%
• Cash-on-cash: -1.34%
• DSCR: 0.94
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $595,728
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4224 Schuler St	0.09mi	3/3.5	2,213 (-6%)	0mo	$490,000	$221	85
4319 Rose St	0.22mi	3/3.5	2,273 (-4%)	0mo	$565,000	$249	83
4115 Schuler St	0.07mi	3/3.5	2,173 (-8%)	0mo	$475,000	$219	83
4301 Gibson St	0.35mi	3/3.5	2,374 (+0%)	1mo	$549,000	$231	82
4317 Blossom St Unit B	0.31mi	3/3.5	2,405 (+2%)	1mo	$668,000	$278	82
4409 Schuler St Unit A	0.13mi	3/2.5	2,232 (-6%)	0mo	$499,000	$224	81
4210 Koehler St Unit B	0.18mi	3/2.5	2,233 (-6%)	1mo	$565,000	$253	77
611 Hartman St	0.40mi	3/2.5	2,274 (-4%)	0mo	$750,000	$330	71
5218A Rose St	0.69mi	3/3.5	2,380 (+1%)	0mo	$600,000	$252	66
2103 Patterson St	0.52mi	3/3.5	2,124 (-10%)	1mo	$455,000	$214	58
621 Rutland St Unit D	0.72mi	3/3.5	2,226 (-6%)	1mo	$629,900	$283	56
606 Allston St	0.72mi	3/2.5	2,584 (+9%)	1mo	$785,000	$304	46

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

5-year hold

• IRR: -22.4%
• Equity multiple: 0.25×
• Total profit: $-95,243
• Equity at exit: $67,842

10-year hold

• IRR: -28.6%
• Equity multiple: -0.12×
• Total profit: $-142,653
• Equity at exit: $39,340

Cash invested: $127,400 (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 77007

• Rents YoY: -0.8%
• Active inventory: 646
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $4,364 high
• Mortgage (P&I): −$2,386
• Tax from tax record: −$851 /mo · $10,216/yr
• Insurance: −$190
• HOA: −$163
• Vacancy / Maint / Mgmt: −$916
• Net cashflow: $-142

Break-even live

Break-even rent $4,544

Max offer price $429,862

Occupancy floor 98%

Sensitivity live

Price	-10% $115	-5% $-14	+0% $-142	+5% $-271	+10% $-400
Rent	-10% $-487	-5% $-315	+0% $-142	+5% $30	+10% $202
Rate	-1.0pp $87	-0.5pp $-27	base $-142	+0.5pp $-260	+1.0pp $-380

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: $113,750
• Closing costs: $13,650
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1221 Bonner St Houston, TX	3.0	3.5	2252	$3,200	$1.42	44d	1	0.02mi
917 Thompson St Unit 917 Houston, TX	4.0	3.5	3200	$8,000	$2.50	25d	1	0.15mi
915 Thompson St Unit 915 Houston, TX	4.0	3.5	3200	$8,500	$2.66	25d	1	0.15mi
911 Thompson St #911 Houston, TX	4.0	3.5	3200	$8,500	$2.66	25d	1	0.16mi
913 Thompson St #913 Houston, TX	4.0	3.5	3200	$8,500	$2.66	25d	1	0.16mi
4444 Center St Houston, TX	3.0	3.0	2121	$3,200	$1.51	44d	1	0.17mi
4311 Marina St Houston, TX	3.0	4.0	2328	$3,599	$1.55	44d	1	0.27mi
4508 Maxie St Unit B Houston, TX	3.0	1.0	1700	$3,003	$1.77	15d	1	0.28mi
4608 Nett St Houston, TX	3.0	4.0	2261	$3,750	$1.66	44d	1	0.29mi
4510 Inker St Houston, TX	4.0	4.0	2293	$4,500	$1.96	44d	1	0.34mi
4307 Feagan St Unit A Houston, TX	3.0	4.0	2412	$3,590	$1.49	0d	1	0.42mi
225 S Heights Blvd Houston, TX	3.0	1.0–2.0	1186	$3,085	$2.60	3d	18	0.55mi
4917 Nolda St Houston, TX	3.0	3.5	1764	$5,000	$2.83	25d	1	0.57mi
5237 Center St Houston, TX	3.0	3.0	2284	$2,995	$1.31	44d	1	0.72mi
600 Studemont St Houston, TX	1.0–2.0	1.0–2.5	1227	$2,799	$2.28	0d	25	0.77mi
5305 Nett St Unit A Houston, TX	3.0	3.5	2104	$2,950	$1.40	25d	1	0.78mi
5108 Larkin St Houston, TX	3.0	3.5	2108	$2,850	$1.35	45d	1	0.79mi
3333 Allen Pkwy Unit 1000 Houston, TX	2.0	2.5	1860	$4,500	$2.42	44d	1	0.82mi
3131 Memorial Ct Houston, TX	2.0	1.0–2.5	1336	$3,346	$2.50	0d	31	0.88mi
707 Marston St Unit 510 Houston, TX	3.0	2.0	2310	$12,520	$5.42	0d	1	0.88mi
5235 Petty St Unit B Houston, TX	3.0	2.5	2532	$3,000	$1.18	44d	1	0.95mi
716 Waugh Dr Houston, TX	1.0–3.0	1.0–2.5	1130	$4,080	$3.61	0d	24	0.95mi
5610 Schuler St Houston, TX	3.0	3.5	2614	$3,111	$1.19	6d	1	0.95mi
5201 Memorial Dr Houston, TX	1.0–2.0	1.0–2.5	1071	$3,361	$3.14	0d	17	0.97mi
5336 Darling St Unit 1225767P Houston, TX	3.0	3.0	2292	$5,997	$2.62	0d	1	1.03mi
1010 Waugh Dr Houston, TX	2.0	1.0–2.5	1075	$4,657	$4.33	3d	59	1.05mi
5811 Maxie St Houston, TX	3.0	3.5	2226	$3,000	$1.35	44d	1	1.08mi
1027 Gross St Houston, TX	4.0	3.5	3035	$5,800	$1.91	44d	1	1.08mi
2121 Allen Pkwy Houston, TX	1.0–3.0	1.0–3.0	1207	$2,905	$2.41	0d	39	1.11mi
2103 Radcliffe St Unit 1225772P Houston, TX	3.0	2.0	1797	$4,729	$2.63	8d	1	1.13mi
2210 Radcliffe St Houston, TX	3.0	3.5	2066	$2,716	$1.31	8d	1	1.14mi
920 Westcott St Houston, TX	1.0–2.0	1.0–2.0	1175	$3,306	$2.81	0d	25	1.15mi
543 T C Jester Blvd Unit 1225766P Houston, TX	3.0	3.5	2389	$5,557	$2.33	0d	1	1.16mi
5427 Kansas St Houston, TX	3.0	4.0	2156	$2,700	$1.25	44d	1	1.19mi
710 Stanford St Houston, TX	3.0	4.0	2438	$3,490	$1.43	44d	1	1.22mi
1951 W Bell St Houston, TX	3.0	2.0	1800	$2,400	$1.33	44d	1	1.22mi
1951 W Bell St Houston, TX	3.0	2.0	1800	$2,400	$1.33	15d	1	1.22mi
929 Westcott St Houston, TX	1.0–3.0	1.0–3.0	1375	$9,263	$6.74	0d	21	1.24mi
1211 Marconi St Houston, TX	4.0	3.5	3020	$4,500	$1.49	44d	1	1.27mi
1201 McDuffie St Houston, TX	2.0	2.5	1600	$2,800	$1.75	17d	2	1.28mi

HOA detail

• Monthly dues: $163 · $1,956/yr

Listing history 9 events

1. 2026-06-18
   days on market $455,000 Active 14 DOM
2. 2026-06-17
   days on market $455,000 Active 13 DOM
3. 2026-06-16
   days on market $455,000 Active 12 DOM
4. 2026-06-15
   days on market $455,000 Active 11 DOM
5. 2026-06-13
   days on market $455,000 Active 9 DOM
6. 2026-06-09
   days on market $455,000 Active 5 DOM
7. 2026-06-08
   days on market $455,000 Active 4 DOM
8. 2026-06-07
   remarks 687-char remark
9. 2026-06-07
   listed $455,000 Active 3 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: $10,216 · $851/mo
• Projected year-2 tax: $10,216 · $851/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 · 24 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

Taxation est. · year 1

• Rental income: $52,370
• − Mortgage interest: −$25,487
• − Property taxes: −$10,216
• − Insurance: −$2,275
• − Repairs & maintenance: −$4,190
• − Management: −$4,190
• − HOA: −$1,956
• − Depreciation: −$13,236
• Taxable loss: −$9,180
• Est. tax savings @ 24.0%: +$2,203
• After-tax cash flow: $496/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): 47,808
• Household income: $144,911
• Rent vs Own: 53.8% rent · 46.2% 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+1387.4% since first listed

20 events — show timeline

• 2026-06-04 Listed $455,000 HARMLS
• 2025-05-30 Rental Removed $3,400 HARMLS
• 2025-05-29 Listing Removed — HARMLS
• 2025-05-15 Listed for Rent $3,400 HARMLS
• 2025-05-14 Listing Removed — HARMLS
• 2025-05-14 Listed $515,000 HARMLS
• 2025-04-24 Listed $535,000 HARMLS
• 2020-07-09 Sold (Public Records) — Public Records
• 2019-06-07 Sold (MLS) — HARMLS
• 2019-04-20 Pending — HARMLS
• 2019-04-19 Listed $459,000 HARMLS
• 2015-01-02 Listing Removed — HARMLS
• 2014-10-01 Listed $2,000,000 HARMLS
• 2013-09-20 Sold (Public Records) — Public Records
• 2012-01-01 Listing Removed — HARMLS
• 2011-08-13 Listed $887,250 HARMLS
• 2004-07-13 Sold (Public Records) — Public Records
• 2002-06-06 Listing Removed — HARMLS
• 2002-02-12 Listed $90,000 HARMLS
• 1997-07-24 Sold (Public Records) $30,590 Public Records

Property tax history

+25.4%/yr

Latest (2025): $10,216 · -12.8% YoY. Source: county tax records.