CashFlowRE
Sign in Sign up
1607 Klauke St
C+ Composite 61.52
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 +21.2/30.0
  • ARV discount +15.0/15.0
  • DSCR +6.8/10.0
  • 1% rule +6.0/10.0
  • Schools +4.6/10.0
  • Livability +3.1/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.3/5.0
  • Appreciation +0.0/10.0

$158,999

1607 Klauke St · Rosenberg, TX 77471
3 bd · 2.0 ba · 1,552 sqft · SingleFamily public records · 73 Days on market
Built 1952 8,999 sqft lot $102/sqft · 27% below area Est $217k · 27% under ↓ 6% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Three bedrooms and two full baths in this great home! Perfect for a first-time homebuyer or a family with kids to enjoy the spacious yard. This home has an extra room at the back of the house that could be used as a game room or office. While there is no garage, there is a two-car carport and a large storage shed in the backyard for all your storage needs. Lots of beautiful trees for shade in the summertime. This home is being sold "as is". The buyer will purchase a new survey.

Key facts

  • Spacious yard
  • Office space
  • Extra room

Tags

SPACIOUS YARDEXTRA ROOMGAME ROOMOFFICE SPACETWO-CAR CARPORTLARGE STORAGE SHED

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $159k.

Deal economics

  • At list price, monthly cash flow is $231 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $159k).
  • Recommended offer: $149k (6.0% below list) — sets the bar for market timing.
  • Cap rate 8.0% vs local median 3.4% in Rosenberg — 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 62/100 on livability (#922 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B; Watch: schools D-, amenities F, commute F.
  • Lamar CISD (suburban): math 50% / reading 53% proficiency, ranked #116 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents soft (-1.0%/yr); 716 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 46% of comp listings sitting > 30 days — soft ceiling on asking rent; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).

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.
  • Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 73 days — a 6% lower offer ($149k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: built in 1952 — 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $149,459 (6.0% below list)

Questions for the listing agent

  1. It's been on market 73 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. Built in 1952 — 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. 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.
  7. 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.
  8. 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
1.10%
Cap rate
8.03%
Cash-on-cash
6.22%
DSCR
1.28
GRM
7.6

CMA / ARV

ARV (median comp)
$216,684
List price
$158,999
Delta
-26.62%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1815 Brumbelow St 0.22mi 3/2.0 1,511 (-3%) 1mo $162,900 $108 84
1633 Jones St 0.07mi 4/2.0 (+1) 1,632 (+5%) 4mo $214,900 $132 80
3825 Avenue R 0.24mi 3/2.0 1,483 (-4%) 2mo $180,000 $121 80
2014 Briar Ridge Dr 0.25mi 4/2.0 (+1) 1,454 (-6%) 1mo $189,000 $130 72
3027 Turtle Creek Dr 0.57mi 3/2.0 1,536 (-1%) 0mo $265,000 $173 72
1926 Klauke Ct 0.29mi 4/2.0 (+1) 1,484 (-4%) 4mo $249,000 $168 70
2103 Briar Ridge Dr 0.22mi 3/2.0 1,388 (-11%) 2mo $235,000 $169 70
3608 Avenue R 0.36mi 3/2.0 1,401 (-10%) 3mo $230,000 $164 65
1310 Village Court Blvd 0.31mi 3/2.0 1,760 (+13%) 5mo $214,900 $122 59
3603 Glenmeadow Dr 0.36mi 3/2.0 1,762 (+14%) 3mo $290,000 $165 58
1210 Hannover Blvd 0.42mi 3/2.0 1,784 (+15%) 4mo $285,000 $160 52
4901 E Columbary Dr 0.47mi 3/2.0 1,778 (+15%) 2mo $280,000 $157 52

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
-10.3%
Equity multiple
0.64×
Total profit
$-16,152
Equity at exit
$23,707
10-year hold
IRR
-6.0%
Equity multiple
0.67×
Total profit
$-14,764
Equity at exit
$13,747

Cash invested: $44,520 (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.

ZIP-level market 77471

Home prices YoY
-19.3%
Rents YoY
-1.0%
Active inventory
716
Price-to-rent
7.6×

Monthly cashflow live

Estimated rent
$1,754 high interval (Pro) →
Mortgage (P&I)
$834
Tax from tax record
$255 /mo · $3,059/yr
Insurance
$66
HOA
$0
Vacancy / Maint / Mgmt
$368
Net cashflow
$231

Break-even live

Break-even rent $1,462
Max offer price $158,999
Occupancy floor 82%

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
$39,750
Closing costs
$4,770
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1615 Junker St Rosenberg, TX 3.0 2.0 1174 $1,750 $1.49 43d 1 0.20mi
3828 Avenue N Rosenberg, TX 3.0 2.0 1238 $1,650 $1.33 43d 1 0.20mi
4114 Brumbelow St Rosenberg, TX 3.0 2.0 1234 $1,700 $1.38 5d 1 0.27mi
3412 Avenue R Unit R Rosenberg, TX 3.0 2.0 1467 $1,775 $1.21 43d 1 0.46mi
2122 Hackberry Bank Ln Rosenberg, TX 3.0 2.0 1620 $1,799 $1.11 3d 1 0.60mi
2020 Ward St Rosenberg, TX 3.0 2.0 1748 $1,850 $1.06 43d 1 0.87mi
4720 Reading Rd Rosenberg, TX 2.0–3.0 1.0–2.0 930 $1,422 $1.53 1d 15 1.04mi
4726 Reading Rd Rosenberg, TX 3.0 2.0 1060 $1,275 $1.20 43d 1 1.04mi
2009 Tremont Ct Rosenberg, TX 3.0 1.5 1425 $1,701 $1.19 21d 1 1.06mi
1806 Mustang Dr Richmond, TX 3.0 2.0 1296 $1,100 $0.85 43d 1 1.25mi
1803 Cypress Dr Richmond, TX 3.0 2.0 1601 $1,875 $1.17 24d 1 1.31mi
1202 3rd St Rosenberg, TX 3.0 2.0 1400 $1,575 $1.12 24d 1 1.44mi
4932 Vancouver Blvd Richmond, TX 3.0 2.0 1321 $3,500 $2.65 12d 1 1.49mi

Listing history 15 events

  1. 2026-06-18
    days on market $158,999 Active 73 DOM
  2. 2026-06-17
    days on market $158,999 Active 72 DOM
  3. 2026-06-16
    days on market $158,999 Active 71 DOM
  4. 2026-06-15
    days on market $158,999 Active 70 DOM
  5. 2026-06-13
    pricedays on market $158,999 Active 68 DOM
  6. 2026-06-10
    days on market $185,000 Active 64 DOM
  7. 2026-06-08
    days on market $185,000 Active 63 DOM
  8. 2026-06-07
    days on market $185,000 Active 62 DOM
  9. 2026-06-04
    days on market $185,000 Active 59 DOM
  10. 2026-06-03
    days on market $185,000 Active 58 DOM
  11. 2026-06-02
    days on market $185,000 Active 57 DOM
  12. 2026-06-01
    days on market $185,000 Active 56 DOM
  13. 2026-05-31
    days on market $185,000 Active 55 DOM
  14. 2026-04-27
    price $193,500 492-char remark
    Show marketing remark (492 chars)

    Three bedrooms and two full baths in this great home! Perfect for a first-time homebuyer or a family with kids to enjoy the spacious yard. This home has an extra room at the back of the house that could be used as a game room or office. While there is no garage, there is a two-car carport and a large storage shed in the backyard for all your storage needs. Lots of beautiful trees for shade in the summertime. This home is being sold "as is". The buyer will purchase a new survey.

  15. 2026-04-06
    listed $205,000 Active 492-char remark
    Show marketing remark (492 chars)

    Three bedrooms and two full baths in this great home! Perfect for a first-time homebuyer or a family with kids to enjoy the spacious yard. This home has an extra room at the back of the house that could be used as a game room or office. While there is no garage, there is a two-car carport and a large storage shed in the backyard for all your storage needs. Lots of beautiful trees for shade in the summertime. This home is being sold "as is". The buyer will purchase a new survey.

ⓘ 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
$3,059 · $255/mo
Projected year-2 tax
$3,059 · $255/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) · 70% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$21,047
− Mortgage interest
−$8,906
− Property taxes
−$3,059
− Insurance
−$795
− Repairs & maintenance
−$1,684
− Management
−$1,684
− Depreciation
−$4,625
Taxable income
$294
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$71
After-tax cash flow
$2,697/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
Lamar CISD
NCES district ID
4826580
Math proficiency
50% ▼ -12.00%
Reading proficiency
53% ▼ -4.00%
Median HH income
$75,213
Composite
46.43/100
National rank
#2452
State rank
#116 of 826 in TX

Livability — Rosenberg

Score
62/100
State rank
#922
US rank
#16414

Category grades

Amenities F Commute F Cost of living A+ Crime B Employment C Housing A+ Health & safety F User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Rosenberg, TX
County
Fort Bend County · 836,777 people
City population
115,151
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
45,325
Household income
$73,186
Rent vs Own
41.7% rent · 58.3% own
Severe rent burden
1688.0

Population outlook (Fort Bend County) Hauer SSP2

Today (2025)
1,004,526 people
By 2030
1,153,104 · +14.8%
By 2040
1,453,718 · +44.7%
By 2050
1,753,781 · +74.6%
By 2075
2,455,772 · +144.5%
By 2100
2,930,528 · +191.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.61)
Race & ethnicity
Hispanic / Latino 56% White 23% Two or more races 21% Black 12% Asian 7%
Hispanic origin (detail)
Mexican 46%
Common ancestry
Romanian 1% Lithuanian 1% Slovak 1%
Foreign-born
18% · Canada, China, Vietnam
Languages at home
57% English-only · Spanish 35% Tagalog/Filipino 2% Other Indo-European 1%

Political lean MEDSL · Fort Bend

2024 margin
Toss-up / Even · D 49.5% · R 47.9% · Other 2.6%
2008→2024 swing
+4.0pp toward D · 2008: -2.4pp · 2024: 1.6pp
All cycles
2024: D+1.6 2020: D+10.6 2016: D+6.6 2012: R+6.8 2008: R+2.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -74.06%
Current HPI
309.5425
Rent YoY
▼ -0.97%
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

Price history

-5.6% since first listed
2 events — show timeline
  • 2026-04-27 Price Changed $193,500 HARMLS
  • 2026-04-06 Listed $205,000 HARMLS

Property tax history

+3.2%/yr

Latest (2025): $3,059 · -7.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…