222 Knox St Unit F · Houston, TX 77007

$469,990

4 bd · 3.0 ba · 2,514 sqft · SingleFamily public records · 6 Days on market

Built 2004 1,703 sqft lot $187/sqft · at area comps Est $490k · at est. ↓ 17% since listing

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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 +23.3/30.0
• ARV discount +9.3/15.0
• DSCR +7.5/10.0
• 1% rule +6.9/10.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

Tucked away in a peaceful neighborhood just minutes from Memorial Park, this charming freestanding home offers NO HOA FEE and a LOW TAX RATE. Designed with a spacious layout, the open-concept kitchen features stainless steel appliances and granite countertops—perfect for entertaining. The inviting living room centers around a cozy fireplace, creating a warm and welcoming atmosphere. The primary suite includes a luxurious bathroom with a jetted tub and dual vanities. Each bedroom has its own private en-suite bath for added comfort and convenience. Additional highlights include hardwood floors, oversized two-car garage, a convenient half bath, fresh interior paint, and brand-new carpet.

Key facts

• Open-concept kitchen
• No hoa fee
• Low tax rate

Tags

• NO HOA FEE
• LOW TAX RATE
• OPEN-CONCEPT KITCHEN
• STAINLESS STEEL APPLIANCES
• GRANITE COUNTERTOPS
• COZY FIREPLACE

Property features AI

Exterior

• Parking: Attached garage with 2 parking spaces
• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 2004; Slab foundation
• Construction: Stone and stucco construction; Composition roof; Slab foundation; Built in 2004
• Exterior features: Porch (second level); Composition roof; Stone and stucco exterior

Interior

• Kitchen: Dishwasher; Electric oven; Gas cooktop; Garbage disposal; Microwave; Pantry
• Bedrooms: Primary bedroom on third level (18 x 15); Bedroom on third level (13 x 11); Bedroom on first level (14 x 13)
• Flooring: Carpet; Tile; Wood
• Bathrooms: 3 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (gas); Central electric air conditioning; Programmable thermostat
• Interior features: Balcony; Crown molding; Double vanity in bathrooms; Granite countertops; Jetted tub; Kitchen open to family room; Primary bedroom with private bath; Pantry; Separate shower; Tub/shower combination; Ceiling fans; Programmable thermostat; Gas log fireplace (1)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $470k.

Deal economics

• At list price, monthly cash flow is $860 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($6k rent vs $470k).
• Cap rate 8.5% vs local median 3.1% 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); Lamar H S (math 38% / reading 65%, grade D+, #478 of 1,632 statewide, top 29%, 3,125 students, 49% FRL) — zoned schools average 50% FRL vs 71% district-wide (21 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 49% at this address vs 31% district-wide (+18 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); 651 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• At $5,580/mo this rent would consume 46% of the median local household income ($145k/yr) (locally 1812% 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 $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 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 6 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $469,990

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 1.19% ✓
• Cap rate: 8.49%
• Cash-on-cash: 7.84%
• DSCR: 1.35
• GRM: 7.0

CMA / ARV

• ARV (median comp): $489,615
• List price: $469,990
• Delta: -2.98%
• 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
5612 Lacy St	0.13mi	3/3.5 (-1)	2,380 (-5%)	1mo	$547,000	$230	77
604 Knox St	0.27mi	3/3.5 (-1)	2,466 (-2%)	3mo	$629,999	$255	75
509 Malone St	0.23mi	3/2.5 (-1)	2,626 (+4%)	2mo	$680,000	$259	74
5713 Rose St Unit C	0.35mi	3/3.5 (-1)	2,556 (+2%)	2mo	$595,000	$233	72
802 Detering St	0.46mi	3/3.0 (-1)	2,567 (+2%)	1mo	$645,000	$251	69
5202 Chandler St	0.43mi	3/2.5 (-1)	2,362 (-6%)	1mo	$615,000	$260	62
5218A Rose St	0.53mi	3/3.5 (-1)	2,380 (-5%)	0mo	$600,000	$252	59
5209 Gibson St Unit A	0.45mi	3/3.5 (-1)	2,688 (+7%)	2mo	$650,000	$242	59
5203 Lillian St	0.59mi	3/3.5 (-1)	2,437 (-3%)	2mo	$674,000	$277	59
906 Reinerman St	0.63mi	3/3.5 (-1)	2,422 (-4%)	2mo	$449,000	$185	56
5602 Schuler St	0.63mi	3/3.5 (-1)	2,677 (+6%)	1mo	$495,000	$185	52
1510 Birdsall St	0.74mi	3/3.5 (-1)	2,268 (-10%)	1mo	$389,000	$172	42

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: -8.0%
• Equity multiple: 0.72×
• Total profit: $-37,481
• Equity at exit: $70,077

10-year hold

• IRR: -3.2%
• Equity multiple: 0.82×
• Total profit: $-24,228
• Equity at exit: $40,636

Cash invested: $131,597 (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: 651
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $5,580 high
• Mortgage (P&I): −$2,465
• Tax from tax record: −$888 /mo · $10,653/yr
• Insurance: −$196
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,172
• Net cashflow: $860

Break-even live

Break-even rent $4,491

Max offer price $469,990

Occupancy floor 80%

Sensitivity live

Price	-10% $1,126	-5% $993	+0% $860	+5% $727	+10% $594
Rent	-10% $419	-5% $639	+0% $860	+5% $1,080	+10% $1,301
Rate	-1.0pp $1,096	-0.5pp $979	base $860	+0.5pp $738	+1.0pp $614

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: $117,498
• Closing costs: $14,100
• Reserves months: —
• Total cash needed: —

Rent comps 38 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
929 Westcott St Houston, TX	1.0–3.0	1.0–3.0	1375	$9,263	$6.74	0d	21	0.45mi
5237 Center St Houston, TX	3.0	3.0	2284	$2,995	$1.31	44d	1	0.60mi
5610 Schuler St Houston, TX	3.0	3.5	2614	$3,111	$1.19	6d	1	0.61mi
5305 Nett St Unit A Houston, TX	3.0	3.5	2104	$2,950	$1.40	25d	1	0.61mi
5811 Maxie St Houston, TX	3.0	3.5	2226	$3,000	$1.35	44d	1	0.68mi
707 Marston St Unit 510 Houston, TX	3.0	2.0	2310	$12,474	$5.40	0d	1	0.96mi
4608 Nett St Houston, TX	3.0	4.0	2261	$3,750	$1.66	44d	1	0.97mi
2103 Radcliffe St Unit 1225772P Houston, TX	3.0	2.0	1797	$4,729	$2.63	8d	1	1.00mi
4917 Nolda St Houston, TX	3.0	3.5	1764	$5,000	$2.83	25d	1	1.01mi
1027 Gross St Houston, TX	4.0	3.5	3035	$5,800	$1.91	44d	1	1.03mi
811 Buffalo Park Dr Unit 844 Houston, TX	3.0	2.0	3632	$14,913	$4.11	14d	1	1.04mi
811 Buffalo Park Dr Unit 510 Houston, TX	3.0	2.0	3632	$15,424	$4.25	12d	1	1.04mi
811 Buffalo Park Dr Unit 3187 Houston, TX	3.0	2.0	3632	$15,384	$4.24	0d	1	1.04mi
4307 Feagan St Unit A Houston, TX	3.0	4.0	2412	$3,590	$1.49	0d	1	1.05mi
4444 Center St Houston, TX	3.0	3.0	2121	$3,200	$1.51	44d	1	1.05mi
2210 Radcliffe St Houston, TX	3.0	3.5	2066	$2,716	$1.31	8d	1	1.07mi
913 Thompson St #913 Houston, TX	4.0	3.5	3200	$8,500	$2.66	25d	1	1.09mi
915 Thompson St Unit 915 Houston, TX	4.0	3.5	3200	$8,500	$2.66	25d	1	1.09mi
911 Thompson St #911 Houston, TX	4.0	3.5	3200	$8,500	$2.66	25d	1	1.09mi
917 Thompson St Unit 917 Houston, TX	4.0	3.5	3200	$8,000	$2.50	25d	1	1.10mi
1958 W Gray St Unit 3165 Houston, TX	3.0	2.0	3206	$15,010	$4.68	0d	1	1.11mi
1958 W Gray St Unit 1991 Houston, TX	3.0	2.0	3206	$15,050	$4.69	11d	1	1.11mi
5336 Darling St Unit 1225767P Houston, TX	3.0	3.0	2292	$5,997	$2.62	0d	1	1.13mi
5732 Darling St Unit 1056419P Houston, TX	3.0	3.5	2400	$7,771	$3.24	44d	1	1.14mi
5620 Petty St Houston, TX	4.0	3.5	2891	$8,750	$3.03	44d	1	1.16mi
5620 Petty St Unit 1019538P Houston, TX	4.0	3.5	2884	$16,259	$5.64	23d	1	1.16mi
5108 Larkin St Houston, TX	3.0	3.5	2108	$2,850	$1.35	45d	1	1.16mi
5235 Petty St Unit B Houston, TX	3.0	2.5	2532	$3,000	$1.18	44d	1	1.18mi
4510 Inker St Houston, TX	4.0	4.0	2293	$4,500	$1.96	44d	1	1.19mi
5530 Kiam St Houston, TX	4.0	2.5	2688	$9,750	$3.63	44d	1	1.20mi
5530 Kiam St Unit 1019540P Houston, TX	4.0	2.5	2680	$15,799	$5.90	44d	1	1.20mi
1221 Bonner St Houston, TX	3.0	3.5	2252	$3,200	$1.42	44d	1	1.22mi
5427 Kansas St Houston, TX	3.0	4.0	2156	$2,700	$1.25	44d	1	1.22mi
543 T C Jester Blvd Unit 1225766P Houston, TX	3.0	3.5	2389	$5,557	$2.33	0d	1	1.23mi
1951 W Bell St Houston, TX	3.0	2.0	1800	$2,400	$1.33	15d	1	1.25mi
1951 W Bell St Houston, TX	3.0	2.0	1800	$2,400	$1.33	44d	1	1.25mi
4311 Marina St Houston, TX	3.0	4.0	2328	$3,599	$1.55	44d	1	1.26mi
2024 Welch St Houston, TX	3.0	4.0	2294	$2,800	$1.22	44d	1	1.29mi

Listing history 23 events

1. 2026-06-21
   days on market $469,990 Active 6 DOM
2. 2026-06-18
   days on market $469,990 Active 3 DOM
3. 2026-06-17
   days on market $469,990 Active 2 DOM
4. 2026-06-15
   pricedays on marketlisting id $469,990 Active 1 DOM
5. 2026-06-13
   days on market $475,000 Active 106 DOM
6. 2026-06-10
   days on market $475,000 Active 102 DOM
7. 2026-06-08
   days on market $475,000 Active 101 DOM
8. 2026-06-07
   days on market $475,000 Active 100 DOM
9. 2026-06-04
   days on market $475,000 Active 97 DOM
10. 2026-06-01
    days on market $475,000 Active 94 DOM
11. 2026-05-31
    days on market $475,000 Active 93 DOM
12. 2026-05-01
    price $475,000 773-char remark
13. 2026-02-27
    listed $499,900 Active 773-char remark
14. 2026-02-11
    historical $3,600
15. 2026-02-11
    historical
16. 2026-01-08
    listed $520,000 Active
17. 2025-11-04
    historical
18. 2025-07-10
    listed $520,000 Active
19. 2025-07-08
    listed $3,600
20. 2025-05-31
    historical
21. 2024-11-14
    listed $568,000 Active
22. 2011-06-30
    soldstatus
23. 2006-01-10
    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: $10,653 · $888/mo
• Projected year-2 tax: $10,653 · $888/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: $66,958
• − Mortgage interest: −$26,327
• − Property taxes: −$10,653
• − Insurance: −$2,350
• − Repairs & maintenance: −$5,357
• − Management: −$5,357
• − Depreciation: −$13,672
• Taxable income: $3,242
• Est. tax owed @ 24.0%: −$778
• After-tax cash flow: $9,539/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

-17.3% since first listed

14 events — show timeline

• 2026-06-15 Listed $469,990 HARMLS
• 2026-06-14 Listing Removed — HARMLS
• 2026-05-01 Price Changed $475,000 HARMLS
• 2026-02-27 Listed $499,900 HARMLS
• 2026-02-11 Rental Removed $3,600 HARMLS
• 2026-02-11 Listing Removed — HARMLS
• 2026-01-08 Listed $520,000 HARMLS
• 2025-11-04 Listing Removed — HARMLS
• 2025-07-10 Listed $520,000 HARMLS
• 2025-07-08 Listed for Rent $3,600 HARMLS
• 2025-05-31 Listing Removed — HARMLS
• 2024-11-14 Listed $568,000 HARMLS
• 2011-06-30 Sold (Public Records) — Public Records
• 2006-01-10 Sold (Public Records) — Public Records

Property tax history

+4.7%/yr

Latest (2025): $10,653 · +3.4% YoY. Source: county tax records.