3827 Amos St · Houston, TX 77021

$162,999

3 bd · 1.0 ba · 1,168 sqft · SingleFamily public records · 340 Days on market

Built 1955 5,000 sqft lot $140/sqft · 7% below area Est $176k · 7% under

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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 +18.2/30.0
• ARV discount +10.8/15.0
• DSCR +5.7/10.0
• 1% rule +5.5/10.0
• Livability +3.7/5.0
• Rent growth +3.0/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

JUST LISTED! This nice 3 bed 1 bath home nestled in a great Central Houston location. This property features ceramic tile throughout the main areas, and a nice sized yard. Located in the southern part of Houston, this area offers you quick access to 288 and I-610. Downtown Houston, the Museum District, and Midtown are all a mere 10-15 minutes away which means you’ll be able to enjoy so much of what the city has to offer! WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

Key facts

• Quick access to 288
• Nice sized yard
• 5,000 sq ft lot

Tags

• NICE SIZED YARD
• QUICK ACCESS TO 288
• QUICK ACCESS TO I-610
• 10-15 MINUTES TO DOWNTOWN
• 10-15 MINUTES TO MIDTOWN

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $163k.

Deal economics

• At list price, monthly cash flow is $145 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $163k).
• Recommended offer: $143k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% 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 rising (+2.2%/yr); 471 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• At $1,711/mo this rent would consume 45% of the median local household income ($46k/yr) (locally 2532% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 340 days — a 12% lower offer ($143k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 7y ago; this cycle's ask has dropped $10k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $143,439 (12.0% below list)

Questions for the listing agent

1. It's been on market 340 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 1955 — 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: 1.05% ✓
• Cap rate: 7.36%
• Cash-on-cash: 3.81%
• DSCR: 1.17
• GRM: 7.9

CMA / ARV

• ARV (median comp): $175,957
• List price: $162,999
• Delta: -7.36%
• 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
3846 Lydia St	0.40mi	3/2.0	1,164 (-0%)	7mo	$165,000	$142	71
3521 Mount Pleasant St	0.48mi	3/1.0	1,168 (0%)	8mo	$125,000	$107	71
3825 Seabrook St	0.22mi	2/1.0 (-1)	1,062 (-9%)	4mo	$109,900	$103	66
7121 England St	0.37mi	3/1.0	1,296 (+11%)	1mo	$139,900	$108	64
3646 Mainer St	0.40mi	3/1.0	1,048 (-10%)	3mo	$120,000	$115	62
3631 Wyoming St	0.35mi	4/2.0 (+1)	1,090 (-7%)	5mo	$265,000	$243	60
7129 Foster St	0.53mi	2/1.0 (-1)	1,107 (-5%)	5mo	$120,000	$108	58
7338 England St	0.45mi	3/1.5	1,045 (-10%)	3mo	$76,500	$73	57
6719 Goforth St	0.61mi	3/1.0	1,075 (-8%)	3mo	$130,000	$121	56
3731 Alberta St	0.52mi	3/1.0	1,002 (-14%)	7mo	$110,000	$110	47
3536 Rebecca St	0.64mi	3/2.5	1,332 (+14%)	4mo	$240,000	$180	37
3811 Luca St	0.67mi	4/3.0 (+1)	1,330 (+14%)	9mo	$150,000	$113	25

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 · 2.17% rent growth · sell at horizon

5-year hold

• IRR: -11.3%
• Equity multiple: 0.59×
• Total profit: $-18,515
• Equity at exit: $24,304

10-year hold

• IRR: -3.3%
• Equity multiple: 0.79×
• Total profit: $-9,638
• Equity at exit: $14,093

Cash invested: $45,640 (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 77021

• Home prices YoY: -23.6%
• Rents YoY: 2.2%
• Active inventory: 471
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $1,711 high
• Mortgage (P&I): −$855
• Tax from tax record: −$284 /mo · $3,411/yr
• Insurance: −$68
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $145

Break-even live

Break-even rent $1,528

Max offer price $162,999

Occupancy floor 87%

Sensitivity live

Price	-10% $237	-5% $191	+0% $145	+5% $99	+10% $53
Rent	-10% $10	-5% $77	+0% $145	+5% $213	+10% $280
Rate	-1.0pp $227	-0.5pp $187	base $145	+0.5pp $103	+1.0pp $60

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: $40,750
• Closing costs: $4,890
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4007 Corder St Houston, TX	2.0	1.0	814	$885	$1.09	25d	1	0.24mi
3603 Alice St Houston, TX	2.0	1.0	850	$1,000	$1.18	6d	1	0.30mi
7032 Conley St Houston, TX	3.0	2.0	1220	$2,850	$2.34	45d	1	0.31mi
3603 Alice St Unit 15 Houston, TX	2.0	1.0	850	$999	$1.18	9d	1	0.31mi
7812 Tierwester St Houston, TX	2.0	1.0	800	$950	$1.19	17d	2	0.66mi
3360 Alice St Unit 510 Houston, TX	3.0	2.0	1154	$1,172	$1.02	13d	1	0.72mi
3360 Alice St Unit 2174 Houston, TX	2.0	2.0	968	$1,348	$1.39	0d	1	0.72mi
3360 Alice St Unit 3174 Houston, TX	3.0	2.0	1154	$1,121	$0.97	0d	1	0.72mi
3360 Alice St Unit 2292 Houston, TX	2.0	2.0	945	$998	$1.06	45d	1	0.72mi
3360 Alice St Unit 2162 Houston, TX	2.0	2.0	968	$1,323	$1.37	9d	1	0.72mi
3360 Alice St Unit 2174 Houston, TX	2.0	2.0	945	$991	$1.05	15d	1	0.72mi
3360 Alice St Unit 3387 Houston, TX	2.0	2.0	968	$1,307	$1.35	0d	1	0.72mi
3360 Alice St Unit 2047 Houston, TX	2.0	2.0	968	$1,347	$1.39	4d	1	0.73mi
3360 Alice St Unit 3047 Houston, TX	3.0	2.0	1154	$1,172	$1.02	12d	1	0.73mi
7823 Gladstone St Houston, TX	2.0	2.0	850	$1,600	$1.88	45d	1	0.76mi
6928 Paris St Houston, TX	3.0	2.0	1276	$1,900	$1.49	0d	1	0.77mi
6926 Paris St Houston, TX	3.0	2.0	1276	$1,900	$1.49	0d	1	0.77mi
7826 Gladstone St Houston, TX	2.0	1.0	760	$1,250	$1.64	0d	1	0.78mi
4530 Mayflower St Houston, TX	3.0	2.0	1302	$1,800	$1.38	45d	1	0.92mi
7373 Ardmore St Houston, TX	1.0–3.0	1.0–2.0	1095	$1,887	$1.72	6d	24	0.94mi
7379 Ardmore St Unit 1303 Houston, TX	3.0	2.0	1442	$1,967	$1.36	23d	1	0.97mi
7379 Ardmore St Unit 1303 Houston, TX	3.0	2.0	1442	$1,967	$1.36	45d	1	0.97mi
8010 Livingston St Houston, TX	3.0	2.0	1400	$1,800	$1.29	45d	1	0.98mi
3560 Dixie Dr Unit 3617 Houston, TX	2.0	2.0	1322	$1,435	$1.09	45d	1	1.01mi
3560 Dixie Dr Unit 2165 Houston, TX	2.0	2.0	1322	$1,394	$1.05	0d	1	1.01mi
3560 Dixie Dr Unit 2162 Houston, TX	2.0	2.0	1322	$1,410	$1.07	6d	1	1.01mi
3560 Dixie Dr Apt 422 Houston, TX	2.0	2.0	1322	$1,410	$1.07	9d	1	1.01mi
3560 Dixie Dr Unit 3597 Houston, TX	2.0	2.0	1322	$1,434	$1.08	12d	1	1.01mi
7110 Ardmore St Houston, TX	2.0	1.0–2.0	831	$2,390	$2.87	0d	17	1.02mi
4615 Redbud St Unit b Houston, TX	3.0	2.0	872	$1,149	$1.32	25d	1	1.12mi
6532 Weston St Unit A Houston, TX	3.0	3.0	1484	$2,200	$1.48	19d	1	1.13mi
6528 Weston St Unit A Houston, TX	3.0	3.0	1484	$2,200	$1.48	45d	1	1.14mi
6528 Weston St Unit A Houston, TX	3.0	3.0	1484	$2,200	$1.48	0d	1	1.14mi
4609 Bricker St Unit C Houston, TX	2.0	1.5	1100	$3,200	$2.91	14d	1	1.16mi
4609 Bricker St Unit ABC Houston, TX	3.0	2.5	1375	$3,500	$2.55	12d	1	1.16mi
4609 Bricker St Unit B Houston, TX	3.0	2.5	1300	$3,500	$2.69	14d	1	1.16mi
3426 Tampa St Unit 4272026 Houston, TX	2.0	1.5	1046	$1,500	$1.43	45d	1	1.16mi
7818 Calhoun Rd Unit 8 Houston, TX	2.0	1.0	800	$1,200	$1.50	45d	1	1.18mi
8181 El Mundo St Houston, TX	1.0–3.0	1.0–2.5	1356	$2,262	$1.67	0d	48	1.21mi
8181 El Mundo St Houston, TX	1.0–3.0	1.0–2.0	1241	$2,041	$1.64	25d	18	1.21mi

Listing history 22 events

1. 2026-06-21
   days on market $162,999 Active 340 DOM
2. 2026-06-18
   days on market $162,999 Active 337 DOM
3. 2026-06-17
   days on market $162,999 Active 336 DOM
4. 2026-06-16
   days on market $162,999 Active 335 DOM
5. 2026-06-15
   days on market $162,999 Active 334 DOM
6. 2026-06-13
   days on market $162,999 Active 332 DOM
7. 2026-06-10
   days on market $162,999 Active 328 DOM
8. 2026-06-08
   days on market $162,999 Active 327 DOM
9. 2026-06-07
   days on market $162,999 Active 326 DOM
10. 2026-06-04
    days on market $162,999 Active 323 DOM
11. 2026-06-01
    days on market $162,999 Active 320 DOM
12. 2026-05-31
    days on market $162,999 Active 319 DOM
13. 2026-02-18
    price $162,999 655-char remark

    Show marketing remark (655 chars)

    JUST LISTED! This nice 3 bed 1 bath home nestled in a great Central Houston location. This property features ceramic tile throughout the main areas, and a nice sized yard. Located in the southern part of Houston, this area offers you quick access to 288 and I-610. Downtown Houston, the Museum District, and Midtown are all a mere 10-15 minutes away which means you’ll be able to enjoy so much of what the city has to offer! WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

14. 2025-07-16
    listed $172,999 Active 655-char remark

    Show marketing remark (655 chars)

    JUST LISTED! This nice 3 bed 1 bath home nestled in a great Central Houston location. This property features ceramic tile throughout the main areas, and a nice sized yard. Located in the southern part of Houston, this area offers you quick access to 288 and I-610. Downtown Houston, the Museum District, and Midtown are all a mere 10-15 minutes away which means you’ll be able to enjoy so much of what the city has to offer! WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

15. 2023-06-27
    soldstatus
16. 2023-06-27
    soldstatus
17. 2020-05-07
    status Pending
18. 2020-05-06
    historical
19. 2020-04-24
    price $122,777
20. 2020-02-07
    price $124,777
21. 2019-08-14
    listed $128,777 Active
22. 1988-01-02
    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: $3,411 · $284/mo
• Projected year-2 tax: $3,411 · $284/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) · 71% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 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

Taxation est. · year 1

• Rental income: $20,538
• − Mortgage interest: −$9,130
• − Property taxes: −$3,411
• − Insurance: −$815
• − Repairs & maintenance: −$1,643
• − Management: −$1,643
• − Depreciation: −$4,742
• Taxable loss: −$847
• Est. tax savings @ 24.0%: +$203
• After-tax cash flow: $1,944/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): 26,153
• Household income: $45,574
• Rent vs Own: 58.2% rent · 41.8% own
• Severe rent burden: 2532.0

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 0.55)
• Race & ethnicity: Black 62% Hispanic / Latino 22% Two or more races 12% White 10% Asian 2%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Italian 1% Romanian 1% Lithuanian 1%
• Foreign-born: 11% · Canada
• Languages at home: 77% English-only · Spanish 19% French/Haitian/Cajun 1% Other Indo-European 1%

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: ▼ -71.22%
• Current HPI: 230.2869
• Rent YoY: ▲ 2.17%
• 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

+26.6% since first listed

10 events — show timeline

• 2026-02-18 Price Changed $162,999 HARMLS
• 2025-07-16 Listed $172,999 HARMLS
• 2023-06-27 Sold (Public Records) — Public Records
• 2023-06-27 Sold (Public Records) — Public Records
• 2020-05-07 Pending — HARMLS
• 2020-05-06 Listing Removed — HARMLS
• 2020-04-24 Price Changed $122,777 HARMLS
• 2020-02-07 Price Changed $124,777 HARMLS
• 2019-08-14 Listed $128,777 HARMLS
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+7.8%/yr

Latest (2025): $3,411 · +13.3% YoY. Source: county tax records.