6907 Finch St · Houston, TX 77028

$139,000

2 bd · 1.0 ba · 932 sqft · SingleFamily public records · 131 Days on market

Built 1950 9,600 sqft lot $149/sqft · at area comps Est $142k · at est.

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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 +22.7/30.0
• ARV discount +8.3/15.0
• Appreciation +7.6/10.0
• DSCR +7.3/10.0
• 1% rule +5.8/10.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0

Listing remarks MLS

This single-family home is located at 6907 Finch St, Houston, TX. 6907 Finch St is in the Trinity-Houston Gardens neighborhood in Houston, TX. This property has 2 bedrooms, 1 bathroom, and approximately 932 sqft of floor space. This property has a lot size of 9583 sqft and was built in 1950.

Key facts

• 9,600 sq ft lot
• Built 1950
• Listed 130 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $139k.

Deal economics

• At list price, monthly cash flow is $238 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $139k).
• Recommended offer: $122k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.4% 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: 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 (-1.6%/yr); 353 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• At $1,499/mo this rent would consume 47% of the median local household income ($38k/yr) (locally 1177% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $8k of equity ($961 loan paydown + $7k appreciation (5.2% local appreciation)).
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (5.2% appreciation + 0.0% rent growth), your $39k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$36k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 131 days — a 12% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y 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

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• 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 $122,320 (12.0% below list)

Questions for the listing agent

1. It's been on market 131 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.08% ✓
• Cap rate: 8.35%
• Cash-on-cash: 7.35%
• DSCR: 1.33
• GRM: 7.7

CMA / ARV

• ARV (median comp): $141,664
• List price: $139,000
• Delta: -1.88%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6916 Orville St	0.26mi	2/1.0	928 (-0%)	13mo	$154,999	$167	76
6601 Landor St	0.24mi	3/1.0 (+1)	912 (-2%)	7mo	$164,900	$181	75
5606 Finch St	0.32mi	3/1.0 (+1)	960 (+3%)	10mo	$75,000	$78	67
5626 Finch Street St	0.28mi	2/1.0	832 (-11%)	3mo	$73,000	$88	66
5503 Finch St	0.36mi	3/2.5 (+1)	1,034 (+11%)	6mo	$210,000	$203	49
6717 Larkstone St	0.29mi	3/1.0 (+1)	1,060 (+14%)	20mo	$95,000	$90	42
7817 Dandy St	0.42mi	3/1.0 (+1)	1,043 (+12%)	17mo	$180,000	$173	41
7209 Philibert Ln	0.63mi	2/1.0	848 (-9%)	21mo	$118,000	$139	38
7600 Wileyvale Rd	0.69mi	3/1.5 (+1)	1,062 (+14%)	9mo	$99,999	$94	30
7017 Jay St	0.61mi	2/1.0	1,065 (+14%)	22mo	$159,000	$149	29

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

5.25% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 18.2%
• Equity multiple: 2.15×
• Total profit: $44,801
• Equity at exit: $80,846

10-year hold

• IRR: 17.0%
• Equity multiple: 3.93×
• Total profit: $113,944
• Equity at exit: $141,278

Cash invested: $38,920 (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 77028

• Home prices YoY: 2.0%
• Rents YoY: -1.6%
• Active inventory: 353
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,499 high
• Mortgage (P&I): −$729
• Tax from tax record: −$159 /mo · $1,904/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$315
• Net cashflow: $238

Break-even live

Break-even rent $1,197

Max offer price $139,000

Occupancy floor 79%

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: $34,750
• Closing costs: $4,170
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8015 Elbert St Unit A Houston, TX	2.0	2.0	1021	$1,650	$1.62	7d	1	0.79mi
4679 Weaver Rd Houston, TX	2.0	1.0	856	$990	$1.16	43d	1	1.08mi
4442 Weaver Rd Unit 707 Houston, TX	2.0	1.0	765	$1,110	$1.45	24d	1	1.19mi
4422 Weaver Rd Apt 707 Houston, TX	2.0	1.0	765	$1,110	$1.45	43d	1	1.25mi
7973 Ritz St Houston, TX	3.0	2.0	1076	$2,250	$2.09	7d	1	1.40mi
7947 Henson St Houston, TX	3.0	2.0	1090	$1,349	$1.24	5d	1	1.41mi

Listing history 21 events

1. 2026-06-18
   days on market $139,000 Active 131 DOM
2. 2026-06-17
   days on market $139,000 Active 130 DOM
3. 2026-06-16
   days on market $139,000 Active 129 DOM
4. 2026-06-15
   days on market $139,000 Active 128 DOM
5. 2026-06-13
   days on market $139,000 Active 126 DOM
6. 2026-06-10
   days on market $139,000 Active 122 DOM
7. 2026-06-08
   days on market $139,000 Active 121 DOM
8. 2026-06-07
   days on market $139,000 Active 120 DOM
9. 2026-06-04
   days on market $139,000 Active 117 DOM
10. 2026-06-01
    days on market $139,000 Active 114 DOM
11. 2026-05-31
    days on market $139,000 Active 113 DOM
12. 2026-02-07
    listed $139,000 Active 295-char remark

    Show marketing remark (295 chars)

    This single-family home is located at 6907 Finch St, Houston, TX. 6907 Finch St is in the Trinity-Houston Gardens neighborhood in Houston, TX. This property has 2 bedrooms, 1 bathroom, and approximately 932 sqft of floor space. This property has a lot size of 9583 sqft and was built in 1950.

13. 2025-12-31
    historical
14. 2024-06-21
    listed $139,000 Active
15. 2019-12-06
    soldstatus
16. 2014-12-01
    soldstatus
17. 2014-11-04
    soldstatus
18. 2014-10-10
    soldstatus
19. 2014-10-08
    soldstatus
20. 2012-09-19
    soldstatus
21. 1988-11-12
    soldstatus

ⓘ 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: $1,904 · $159/mo
• Projected year-2 tax: $2,544 · $212/mo
• Expected delta: +$640/yr (+$53/mo · 33.6%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 22 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: $17,985
• − Mortgage interest: −$7,786
• − Property taxes: −$1,904
• − Insurance: −$695
• − Repairs & maintenance: −$1,439
• − Management: −$1,439
• − Depreciation: −$4,044
• Taxable income: $678
• Est. tax owed @ 24.0%: −$163
• After-tax cash flow: $2,699/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): 19,109
• Household income: $38,357
• Rent vs Own: 43.1% rent · 56.9% own
• Severe rent burden: 1177.0

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: Majority Black (57%)
• Race & ethnicity: Black 57% Hispanic / Latino 41% Two or more races 15% White 2%
• Hispanic origin (detail): Mexican 36%
• Foreign-born: 13% · Canada
• Languages at home: 61% English-only · Spanish 38%

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: ▲ 5.25%
• Current HPI: 267.7798
• Rent YoY: ▼ -1.55%
• 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

+0.0% since first listed

10 events — show timeline

• 2026-02-07 Listed $139,000 HARMLS
• 2025-12-31 Listing Removed — HARMLS
• 2024-06-21 Listed $139,000 HARMLS
• 2019-12-06 Sold (Public Records) — Public Records
• 2014-12-01 Sold (Public Records) — Public Records
• 2014-11-04 Sold (Public Records) — Public Records
• 2014-10-10 Sold (Public Records) — Public Records
• 2014-10-08 Sold (Public Records) — Public Records
• 2012-09-19 Sold (Public Records) — Public Records
• 1988-11-12 Sold (Public Records) — Public Records

Property tax history

+5.3%/yr

Latest (2025): $1,904 · -9.9% YoY. Source: county tax records.