5729 Schutz St · Houston, TX 77032

$150,000

3 bd · 1.5 ba · 1,200 sqft · SingleFamily public records · 209 Days on market

Built 1960 8,820 sqft lot $125/sqft · 21% below area Est $190k · 21% under

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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 +12.4/30.0
• Appreciation +4.8/10.0
• 1% rule +3.9/10.0
• DSCR +3.7/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +1.5/10.0

Listing remarks MLS

This real estate opportunity features a package of 6 properties: 5721 Schutz St, 5725 Schutz St, 5729 Schutz St, 5733 Schutz (House) tax #: 091410080201, 5733 Schutz (LOT) tax #: 0791410080200, and 5741 Schutz St, a total of 52,920 sqft all available for just $955,000. Currently tenant-occupied, these homes present an ideal investment opportunity. No HOA fees associated with these properties, making this an ideal investment opportunity! Enjoy convenience with just an 8-minute drive to the airport and easy access to major highways, including the Hardy Toll Road, 59, Beltway 8, and HWY 45, putting downtown only about 23 minutes away and the medical center within approximately 30 minutes. The neighborhood is blossoming with new home developments and offers plenty of dining and shopping options nearby. Don’t miss out on this fantastic investment opportunity!

Key facts

• Parking
• Built 1960
• Listed 208 days

🏷️ Possibly a rental listed for sale. The $150,000 price doesn't fit this home's estimated sale value (~$189,747) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-25 ($-303/yr) — negative.
• To cash-flow at today's rent, offer at most $146k (3.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $133k (11.3% below list).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.1% 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.
• Aldine ISD (suburban): math 16% / reading 21% proficiency, ranked #790 of 826 in TX (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-1.5%/yr); 41 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 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).
• This rent runs 36% of the median local income ($44k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $449 of equity ($1k loan paydown + $-588 appreciation (-0.4% local appreciation)).
• 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 209 days — a 12% lower offer ($132k) 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,000 (12.0% 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. It's been on market 209 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.89% ✗
• Cap rate: 6.09%
• Cash-on-cash: -0.72%
• DSCR: 0.97
• GRM: 9.4

CMA / ARV

• ARV (median comp): $189,747
• List price: $150,000
• Delta: -20.95%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6023 Glen Lee Dr	0.73mi	3/1.5	1,280 (+7%)	12mo	$205,000	$160	45
16411 Saybrook St	0.57mi	2/2.0 (-1)	1,320 (+10%)	18mo	$229,000	$173	34

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

Projected returns pro-forma

-0.39% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -6.7%
• Equity multiple: 0.70×
• Total profit: $-12,592
• Equity at exit: $40,639

10-year hold

• IRR: -2.9%
• Equity multiple: 0.73×
• Total profit: $-11,282
• Equity at exit: $46,580

Cash invested: $42,000 (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 77032

• Home prices YoY: -0.1%
• Rents YoY: -1.5%
• Active inventory: 41
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,330 high
• Mortgage (P&I): −$787
• Tax from tax record: −$227 /mo · $2,720/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$279
• Net cashflow: $-25

Break-even live

Break-even rent $1,362

Max offer price $145,535

Occupancy floor 97%

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5900 Greens Rd Apt 425 Humble, TX	2.0	2.0	893	$1,090	$1.22	43d	1	0.35mi
5900 Greens Rd Unit 2148 Humble, TX	2.0	2.0	893	$1,082	$1.21	3d	1	0.35mi
5900 Greens Rd Unit 3148 Humble, TX	3.0	2.0	1063	$1,207	$1.14	3d	1	0.35mi
5900 Greens Rd Unit 510 Humble, TX	3.0	2.0	1063	$1,239	$1.17	11d	1	0.35mi
5900 Greens Rd Unit 424 Humble, TX	2.0	2.0	893	$1,090	$1.22	7d	1	0.35mi
5900 Greens Rd Unit 5957 Humble, TX	2.0	2.0	893	$1,114	$1.25	10d	1	0.35mi
5827 Glen Lee Dr Humble, TX	2.0	1.0	936	$1,200	$1.28	43d	1	0.71mi
5301 N Sam Houston Pkwy E Houston, TX	2.0–4.0	2.0	1053	$1,379	$1.31	7d	7	0.86mi
6166 Texas 8 Beltway Frontage Rd Houston, TX	2.0	2.0	1033	$1,460	$1.41	43d	1	0.98mi
15007 Crosswinds Dr Houston, TX	2.0	2.0	1039	$1,220	$1.17	43d	1	1.06mi
15007 Crosswinds Dr Houston, TX	2.0	2.0	1039	$1,220	$1.17	22d	1	1.06mi
5350 Aeropark Dr Houston, TX	1.0–3.0	1.0–3.0	996	$1,423	$1.43	2d	34	1.15mi
5356 Aeropark Dr Houston, TX	3.0	2.0	1313	$1,301	$0.99	43d	1	1.15mi
14810 Crosswinds Dr Houston, TX	1.0–2.0	1.0–2.0	756	$1,345	$1.78	7d	1	1.31mi
14810 Crosswinds Dr Apt 422 Houston, TX	2.0	2.0	1033	$1,275	$1.23	7d	1	1.32mi
14810 Crosswinds Dr Unit 14867 Houston, TX	2.0	2.0	1033	$1,267	$1.23	3d	1	1.32mi
6910 Old North Belt Dr Unit 3165 Humble, TX	3.0	2.0	1143	$1,331	$1.16	3d	1	1.42mi
6910 Old North Belt Dr Unit 510 Humble, TX	3.0	2.0	1143	$1,239	$1.08	15d	1	1.42mi
6910 Old North Belt Dr Unit 6967 Humble, TX	2.0	2.0	900	$1,114	$1.24	12d	1	1.42mi
6910 Old North Belt Dr Unit 6943 Humble, TX	3.0	2.0	1143	$1,363	$1.19	10d	1	1.42mi
6910 Old North Belt Dr Unit 6943 Humble, TX	3.0	2.0	1143	$1,374	$1.20	43d	1	1.42mi
6910 Old North Belt Dr Unit 421 Humble, TX	2.0	2.0	900	$989	$1.10	5d	1	1.42mi
6910 Old North Belt Dr Unit 2165 Humble, TX	2.0	2.0	900	$981	$1.09	3d	1	1.42mi

Listing history 20 events

1. 2026-06-18
   days on market $150,000 Active 209 DOM
2. 2026-06-17
   days on market $150,000 Active 208 DOM
3. 2026-06-16
   days on market $150,000 Active 207 DOM
4. 2026-06-15
   days on market $150,000 Active 206 DOM
5. 2026-06-13
   days on market $150,000 Active 204 DOM
6. 2026-06-13
   days on market $150,000 Active 203 DOM
7. 2026-06-09
   days on market $150,000 Active 200 DOM
8. 2026-06-08
   days on market $150,000 Active 199 DOM
9. 2026-06-07
   days on market $150,000 Active 198 DOM
10. 2026-06-04
    days on market $150,000 Active 195 DOM
11. 2026-06-03
    days on market $150,000 Active 194 DOM
12. 2026-06-02
    days on market $150,000 Active 193 DOM
13. 2026-06-01
    days on market $150,000 Active 192 DOM
14. 2026-05-31
    days on market $150,000 Active 191 DOM
15. 2025-11-21
    historical

    Show marketing remark (872 chars)

    This real estate opportunity features a package of 6 properties: 5721 Schutz St, 5725 Schutz St, 5729 Schutz St, 5733 Schutz (House) tax #: 091410080201, 5733 Schutz (LOT) tax #: 0791410080200, and 5741 Schutz St, a total of 52,920 sqft all available for just $955,000. Currently tenant-occupied, these homes present an ideal investment opportunity. No HOA fees associated with these properties, making this an ideal investment opportunity! Enjoy convenience with just an 8-minute drive to the airport and easy access to major highways, including the Hardy Toll Road, 59, Beltway 8, and HWY 45, putting downtown only about 23 minutes away and the medical center within approximately 30 minutes. The neighborhood is blossoming with new home developments and offers plenty of dining and shopping options nearby. Don’t miss out on this fantastic investment opportunity!

16. 2025-11-21
    listed $150,000 Active 872-char remark

    Show marketing remark (872 chars)

    This real estate opportunity features a package of 6 properties: 5721 Schutz St, 5725 Schutz St, 5729 Schutz St, 5733 Schutz (House) tax #: 091410080201, 5733 Schutz (LOT) tax #: 0791410080200, and 5741 Schutz St, a total of 52,920 sqft all available for just $955,000. Currently tenant-occupied, these homes present an ideal investment opportunity. No HOA fees associated with these properties, making this an ideal investment opportunity! Enjoy convenience with just an 8-minute drive to the airport and easy access to major highways, including the Hardy Toll Road, 59, Beltway 8, and HWY 45, putting downtown only about 23 minutes away and the medical center within approximately 30 minutes. The neighborhood is blossoming with new home developments and offers plenty of dining and shopping options nearby. Don’t miss out on this fantastic investment opportunity!

17. 2025-09-17
    soldstatus
18. 2024-11-22
    listed $150,000 Active
19. 2006-08-31
    soldstatus
20. 1988-05-17
    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: $2,720 · $227/mo
• Projected year-2 tax: $2,745 · $229/mo
• Expected delta: +$25/yr (+$2/mo · 0.9%)

ⓘ 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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,957
• − Mortgage interest: −$8,402
• − Property taxes: −$2,720
• − Insurance: −$750
• − Repairs & maintenance: −$1,277
• − Management: −$1,277
• − Depreciation: −$4,364
• Taxable loss: −$2,832
• Est. tax savings @ 24.0%: +$680
• After-tax cash flow: $376/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: Aldine ISD
• NCES district ID: 4807710
• Math proficiency: 16% ▼ -23.00%
• Reading proficiency: 21% ▼ -11.00%
• Median HH income: $37,081
• Composite: 15.42/100
• National rank: #9317
• State rank: #790 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): 12,403
• Household income: $43,725
• Rent vs Own: 65.7% rent · 34.3% own
• Severe rent burden: 944.0

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 0.62)
• Race & ethnicity: Hispanic / Latino 48% Black 37% Two or more races 22% White 8% Native American 2%
• Hispanic origin (detail): Mexican 39%
• Common ancestry: Slovak 2%
• Foreign-born: 24% · Canada, China
• Languages at home: 58% English-only · Spanish 42%

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: ▼ -0.39%
• Current HPI: 336.6839
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+0.0% since first listed

6 events — show timeline

• 2025-11-21 Listed $150,000 HARMLS
• 2025-11-21 Listing Removed — HARMLS
• 2025-09-17 Sold (Public Records) — Public Records
• 2024-11-22 Listed $150,000 HARMLS
• 2006-08-31 Sold (Public Records) — Public Records
• 1988-05-17 Sold (Public Records) — Public Records

Property tax history

+1.8%/yr

Latest (2025): $2,720 · -16.9% YoY. Source: county tax records.