410 Crosby Village Dr · Crosby, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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).
- ARV discount +14.8/15.0
- Cash flow +14.6/30.0
- 1% rule +5.1/10.0
- DSCR +4.5/10.0
- Schools +3.5/10.0
- Livability +3.0/5.0
- Rent growth +2.9/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$214,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Step inside this stunning 3-bedroom, 2.5-bath home where soaring ceilings and an open-concept layout create an inviting space designed for both everyday living and entertaining. The spacious family room flows seamlessly into a bright dining area featuring laminate wood and tile flooring. The kitchen offers expansive counter space, a wired island breakfast bar, and plenty of room for gathering. Retreat to the oversized primary suite with a large walk-in closet for exceptional storage. Outside, enjoy a beautifully sized lot with a fully fenced backyard and a covered patio—perfect for relaxing or hosting summer get-togethers. Schedule your private showing today and experience this exceptional home in person.
Key facts
- Covered patio
- Large walk-in closet
- Open-concept layout
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $215k.
Deal economics
- At list price, monthly cash flow is $53 ($630/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $215k).
- Recommended offer: $189k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.6% vs local median 4.8% in Crosby — 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 59/100 on livability (#1,121 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, crime A, housing A; Watch: schools D, amenities F, commute F.
- Crosby ISD (rural): math 39% / reading 40% proficiency, ranked #369 of 826 in TX (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+1.5%/yr); 1172 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 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 $6k 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 125 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 12y ago; this cycle's ask has dropped $35k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 125 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 1.01% ✓
- Cap rate
- 6.59%
- Cash-on-cash
- 1.05%
- DSCR
- 1.05
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $256,427
- List price
- $214,900
- Delta
- -16.19%
- 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 |
|---|---|---|---|---|---|---|---|
| 6019 Coleus St | 0.14mi | 4/2.0 (+1) | 1,826 (-3%) | 1mo | $230,000 | $126 | 80 |
| 6111 Coleus St | 0.11mi | 4/2.5 (+1) | 2,068 (+10%) | 5mo | $275,000 | $133 | 70 |
| 17322 Glacier Forest Ln | 0.43mi | 4/2.5 (+1) | 1,922 (+2%) | 4mo | $290,990 | $151 | 69 |
| 17227 Boulder Beach Dr | 0.43mi | 4/2.0 (+1) | 1,777 (-6%) | 1mo | $249,020 | $140 | 62 |
| 17327 Glacier Forest Ln | 0.43mi | 4/2.0 (+1) | 1,760 (-7%) | 3mo | $284,990 | $162 | 59 |
| 17318 Glacier Forest Ln | 0.43mi | 4/2.0 (+1) | 1,760 (-7%) | 4mo | $284,990 | $162 | 58 |
| 615 Meadowknoll Dr | 0.43mi | 4/3.0 (+1) | 2,041 (+8%) | 2mo | $317,990 | $156 | 58 |
| 631 Meaadowknoll Dr | 0.43mi | 4/3.0 (+1) | 2,041 (+8%) | 3mo | $312,990 | $153 | 57 |
| 17318 Roxboro Ridge Ln | 0.43mi | 4/2.0 (+1) | 1,676 (-11%) | 1mo | $279,990 | $167 | 53 |
| 17323 Glacier Forest Ln | 0.43mi | 4/2.0 (+1) | 1,676 (-11%) | 3mo | $279,990 | $167 | 52 |
| 17334 Roxboro Ridge Ln | 0.43mi | 4/2.0 (+1) | 1,676 (-11%) | 4mo | $281,990 | $168 | 51 |
| 15815 Tall Barberry Ln | 0.43mi | 4/3.0 (+1) | 2,147 (+14%) | 1mo | $369,717 | $172 | 49 |
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 · 1.48% rent growth · sell at horizon
- IRR
- -16.5%
- Equity multiple
- 0.42×
- Total profit
- $-34,605
- Equity at exit
- $32,042
- IRR
- -11.4%
- Equity multiple
- 0.36×
- Total profit
- $-38,258
- Equity at exit
- $18,581
Cash invested: $60,172 (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
ZIP-level market 77532
- Home prices YoY
- -28.6%
- Rents YoY
- 1.5%
- Active inventory
- 1172
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $2,168 high interval (Pro) →
- Mortgage (P&I)
- −$1,127
- Tax from tax record
- −$420 /mo · $5,040/yr
- Insurance
- −$90
- HOA
- −$24
- Vacancy / Maint / Mgmt
- −$455
- Net cashflow
- $53
Break-even live
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
- $53,725
- Closing costs
- $6,447
- 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 8 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 6006 Lovage Ave Crosby, TX | 4.0 | 2.5 | 2261 | $2,055 | $0.91 | 20d | 1 | 0.17mi |
| 711 Equinox St Crosby, TX | 3.0 | 2.0 | 1802 | $1,881 | $1.04 | 43d | 1 | 0.91mi |
| 430 Fishhawk Way Crosby, TX | 3.0 | 2.0 | 1369 | $1,863 | $1.36 | 4d | 1 | 0.93mi |
| 15722 E Astern Dr Crosby, TX | 3.0 | 2.0 | 1996 | $1,896 | $0.95 | 12d | 1 | 1.02mi |
| 1310 Stem Way Dr Crosby, TX | 4.0 | 2.0 | 2346 | $2,700 | $1.15 | 3d | 1 | 1.34mi |
| 15806 Afore Dr Crosby, TX | 4.0 | 2.0 | 2372 | $1,951 | $0.82 | 15d | 1 | 1.35mi |
| 16318 River Wood Ct Crosby, TX | 3.0 | 2.5 | 1681 | $1,946 | $1.16 | 2d | 1 | 1.42mi |
| 16807 Lisbon Ln Crosby, TX | 3.0 | 2.5 | 2196 | $1,910 | $0.87 | 43d | 1 | 1.47mi |
HOA detail
- Monthly dues
- $24 · $288/yr
Listing history 31 events
-
2026-06-18days on market $214,900 Active 125 DOM
-
2026-06-17days on market $214,900 Active 124 DOM
-
2026-06-16days on market $214,900 Active 123 DOM
-
2026-06-15days on market $214,900 Active 122 DOM
-
2026-06-13days on market $214,900 Active 120 DOM
-
2026-06-09days on market $214,900 Active 116 DOM
-
2026-06-08days on market $214,900 Active 115 DOM
-
2026-06-07days on market $214,900 Active 114 DOM
-
2026-06-04days on market $214,900 Active 111 DOM
-
2026-06-03days on market $214,900 Active 110 DOM
-
2026-06-02days on market $214,900 Active 109 DOM
-
2026-06-01days on market $214,900 Active 108 DOM
-
2026-05-31days on market $214,900 Active 107 DOM
-
2026-04-14price $224,900 720-char remark
Show marketing remark (720 chars)
Step inside this stunning 3-bedroom, 2.5-bath home where soaring ceilings and an open-concept layout create an inviting space designed for both everyday living and entertaining. The spacious family room flows seamlessly into a bright dining area featuring laminate wood and tile flooring. The kitchen offers expansive counter space, a wired island breakfast bar, and plenty of room for gathering. Retreat to the oversized primary suite with a large walk-in closet for exceptional storage. Outside, enjoy a beautifully sized lot with a fully fenced backyard and a covered patio—perfect for relaxing or hosting summer get-togethers. Schedule your private showing today and experience this exceptional home in person.
-
2026-03-11price $239,900 720-char remark
Show marketing remark (720 chars)
Step inside this stunning 3-bedroom, 2.5-bath home where soaring ceilings and an open-concept layout create an inviting space designed for both everyday living and entertaining. The spacious family room flows seamlessly into a bright dining area featuring laminate wood and tile flooring. The kitchen offers expansive counter space, a wired island breakfast bar, and plenty of room for gathering. Retreat to the oversized primary suite with a large walk-in closet for exceptional storage. Outside, enjoy a beautifully sized lot with a fully fenced backyard and a covered patio—perfect for relaxing or hosting summer get-togethers. Schedule your private showing today and experience this exceptional home in person.
-
2026-02-13$249,900 Active 720-char remark
Show marketing remark (720 chars)
Step inside this stunning 3-bedroom, 2.5-bath home where soaring ceilings and an open-concept layout create an inviting space designed for both everyday living and entertaining. The spacious family room flows seamlessly into a bright dining area featuring laminate wood and tile flooring. The kitchen offers expansive counter space, a wired island breakfast bar, and plenty of room for gathering. Retreat to the oversized primary suite with a large walk-in closet for exceptional storage. Outside, enjoy a beautifully sized lot with a fully fenced backyard and a covered patio—perfect for relaxing or hosting summer get-togethers. Schedule your private showing today and experience this exceptional home in person.
-
2026-02-06historical $2,049
-
2026-01-29$2,049
-
2018-09-24soldstatus
-
2018-09-20soldstatus Sold 499-char remark
Show marketing remark (499 chars)
This stunning 3 bedroom 2.5 bath home has soaring ceilings and an open floor plan which is perfect for entertaining. The kitchen features vast counter space, wired island breakfast bar, a large dining area with laminated wood and tile flooring. The master suite is very spacious, with a large walk in closet. This home has a beautiful lot with a fully fenced back yard and covered back patio which is perfect for all of your summer entertaining. Don't Miss Out and call today for your private tour!
-
2018-09-17status Pending 499-char remark
Show marketing remark (499 chars)
This stunning 3 bedroom 2.5 bath home has soaring ceilings and an open floor plan which is perfect for entertaining. The kitchen features vast counter space, wired island breakfast bar, a large dining area with laminated wood and tile flooring. The master suite is very spacious, with a large walk in closet. This home has a beautiful lot with a fully fenced back yard and covered back patio which is perfect for all of your summer entertaining. Don't Miss Out and call today for your private tour!
-
2018-09-13status Option Pending 499-char remark
Show marketing remark (499 chars)
This stunning 3 bedroom 2.5 bath home has soaring ceilings and an open floor plan which is perfect for entertaining. The kitchen features vast counter space, wired island breakfast bar, a large dining area with laminated wood and tile flooring. The master suite is very spacious, with a large walk in closet. This home has a beautiful lot with a fully fenced back yard and covered back patio which is perfect for all of your summer entertaining. Don't Miss Out and call today for your private tour!
-
2018-08-28price $175,000 499-char remark
Show marketing remark (499 chars)
This stunning 3 bedroom 2.5 bath home has soaring ceilings and an open floor plan which is perfect for entertaining. The kitchen features vast counter space, wired island breakfast bar, a large dining area with laminated wood and tile flooring. The master suite is very spacious, with a large walk in closet. This home has a beautiful lot with a fully fenced back yard and covered back patio which is perfect for all of your summer entertaining. Don't Miss Out and call today for your private tour!
-
2018-08-26status Active 499-char remark
Show marketing remark (499 chars)
This stunning 3 bedroom 2.5 bath home has soaring ceilings and an open floor plan which is perfect for entertaining. The kitchen features vast counter space, wired island breakfast bar, a large dining area with laminated wood and tile flooring. The master suite is very spacious, with a large walk in closet. This home has a beautiful lot with a fully fenced back yard and covered back patio which is perfect for all of your summer entertaining. Don't Miss Out and call today for your private tour!
-
2018-08-17status Option Pending 499-char remark
Show marketing remark (499 chars)
This stunning 3 bedroom 2.5 bath home has soaring ceilings and an open floor plan which is perfect for entertaining. The kitchen features vast counter space, wired island breakfast bar, a large dining area with laminated wood and tile flooring. The master suite is very spacious, with a large walk in closet. This home has a beautiful lot with a fully fenced back yard and covered back patio which is perfect for all of your summer entertaining. Don't Miss Out and call today for your private tour!
-
2018-08-01$180,000 Active 499-char remark
Show marketing remark (499 chars)
This stunning 3 bedroom 2.5 bath home has soaring ceilings and an open floor plan which is perfect for entertaining. The kitchen features vast counter space, wired island breakfast bar, a large dining area with laminated wood and tile flooring. The master suite is very spacious, with a large walk in closet. This home has a beautiful lot with a fully fenced back yard and covered back patio which is perfect for all of your summer entertaining. Don't Miss Out and call today for your private tour!
-
2014-10-01soldstatus
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2014-09-18soldstatus Sold
-
2014-08-06status Pending, Continue to Show
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2014-07-31status Option Pending
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2014-05-14$145,000 Active
ⓘ 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
- $5,040 · $420/mo
- Projected year-2 tax
- $5,040 · $420/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 4/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥110°F today · 25 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,021
- − Mortgage interest
- −$12,038
- − Property taxes
- −$5,040
- − Insurance
- −$1,074
- − Repairs & maintenance
- −$2,082
- − Management
- −$2,082
- − HOA
- −$288
- − Depreciation
- −$6,252
- Taxable loss
- −$2,835
- Est. tax savings @ 24.0%
- +$680
- After-tax cash flow
- $1,311/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
- Crosby ISD
- NCES district ID
- 4815750
- Math proficiency
- 39% ▼ -13.00%
- Reading proficiency
- 40% ▼ -5.00%
- Median HH income
- $61,079
- Composite
- 35.14/100
- National rank
- #5012
- State rank
- #369 of 826 in TX
Livability — Crosby
- Score
- 59/100
- State rank
- #1121
- US rank
- #19783
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Crosby, TX
- County
- Harris County · 4,702,590 people
- City population
- 33,780
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 33,780
- Household income
- $92,201
- Rent vs Own
- Severe rent burden
- 382.0
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 0.60)
- Race & ethnicity
- White 54% Hispanic / Latino 31% Two or more races 16% Black 9%
- Hispanic origin (detail)
- Mexican 24%
- Common ancestry
- Lithuanian 4% Romanian 3% Italian 2%
- Foreign-born
- 10% · Canada
- Languages at home
- 78% English-only · Spanish 21%
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
- ▼ -105.63%
- Current HPI
- 264.0126
- Rent YoY
- ▲ 1.48%
- 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
+55.1% since first listed18 events — show timeline
- 2026-04-14 Price Changed $224,900 HARMLS
- 2026-03-11 Price Changed $239,900 HARMLS
- 2026-02-13 Listed $249,900 HARMLS
- 2026-02-06 Rental Removed $2,049 Tricon
- 2026-01-29 Listed for Rent $2,049 Tricon
- 2018-09-24 Sold (Public Records) — Public Records
- 2018-09-20 Sold (MLS) — HARMLS
- 2018-09-17 Pending — HARMLS
- 2018-09-13 Pending — HARMLS
- 2018-08-28 Price Changed $175,000 HARMLS
- 2018-08-26 Relisted — HARMLS
- 2018-08-17 Pending — HARMLS
- 2018-08-01 Listed $180,000 HARMLS
- 2014-10-01 Sold (Public Records) — Public Records
- 2014-09-18 Sold (MLS) — HARMLS
- 2014-08-06 Pending — HARMLS
- 2014-07-31 Pending — HARMLS
- 2014-05-14 Listed $145,000 HARMLS
Property tax history
+7.0%/yrLatest (2025): $5,040 · +10.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…