5747 Easthampton Unit D · Houston, TX 77039

$75,000

2 bd · 1.5 ba · 1,511 sqft · Townhouse public records · 93 Days on market

Built 1979 2,425 sqft lot $50/sqft · 38% below area Est $121k · 38% under $170/mo HOA · 13% of rent ↓ 35% since listing

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Why this score? — see what drove the B- 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 +25.4/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +8.4/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Tenant occupied through October 2026, may be willing to move, Townhome in need of TLC, investor special. Garage turned into a bedroom. Nice, open floor plan with high ceilings. Tons of potential, stays leased!

Key facts

• Open floor plan
• High ceilings
• $170 HOA

Tags

• GARAGE TURNED INTO A BEDROOM
• OPEN FLOOR PLAN
• HIGH CEILINGS

🏷️ Possibly a rental listed for sale. The $75,000 price doesn't fit this home's estimated sale value (~$121,140) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $75k.

Deal economics

• At list price, monthly cash flow is $172 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $75k).
• Recommended offer: $68k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.0% 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: 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.
• Zoned schools: Johnson El (math 14% / reading 11%, grade F, #4,167 of 4,322 statewide, top 97%, 597 students, 98% FRL); Hambrick Middle (math 12% / reading 22%, grade F, #1,520 of 1,662 statewide, top 92%, 1,021 students, 93% FRL); Macarthur H S (math 16% / reading 24%, grade F, #1,397 of 1,632 statewide, top 87%, 3,571 students, 85% FRL).
• Market conditions: 84 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 33% of the median local income ($47k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k 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 93 days — a 9% lower offer ($68k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 4y 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

• Watch-outs: property tax is 4.1% of price.
• Climate carrying-cost: major flood risk; 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.

Recommended offer $68,250 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
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: 1.73% ✓
• Cap rate: 9.05%
• Cash-on-cash: 9.85%
• DSCR: 1.44
• GRM: 4.8

CMA / ARV

• ARV (median comp): $121,140
• List price: $75,000
• Delta: -38.09%
• 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
12223 Wild Pine Dr Unit D	0.10mi	2/2.5	1,555 (+3%)	2mo	$110,900	$71	85
5714 Easthampton Dr Unit C	0.12mi	3/2.5 (+1)	1,527 (+1%)	4mo	$125,000	$82	81
5618 Easthampton Dr Unit D	0.13mi	2/1.5	1,411 (-7%)	4mo	$64,900	$46	79
12419 W Village Dr Unit A	0.23mi	2/1.5	1,526 (+1%)	13mo	$58,000	$38	77
5755 Easthampton Dr Unit C	0.03mi	3/2.5 (+1)	1,623 (+7%)	1mo	$117,999	$73	77
12223 W Village Dr Unit D	0.11mi	2/1.5	1,619 (+7%)	12mo	$55,000	$34	73
5731 Easthampton Dr Unit A	0.07mi	3/2.5 (+1)	1,623 (+7%)	5mo	$122,500	$75	71
5767 Easthampton Dr Unit C	0.08mi	3/2.0 (+1)	1,623 (+7%)	12mo	$128,000	$79	66
12203 W Village Dr Unit C	0.11mi	3/2.0 (+1)	1,698 (+12%)	2mo	$139,000	$82	66
12339 W Village Dr Unit D	0.15mi	2/1.5	1,340 (-11%)	12mo	$55,000	$41	64
12282 Wild Pine Dr Unit A	0.20mi	2/2.0	1,313 (-13%)	11mo	$99,900	$76	57
12307 W Village Dr Unit A	0.13mi	3/2.0 (+1)	1,728 (+14%)	10mo	$119,900	$69	55

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.2%
• Equity multiple: 0.95×
• Total profit: $-955
• Equity at exit: $11,183

10-year hold

• IRR: 8.7%
• Equity multiple: 1.68×
• Total profit: $14,212
• Equity at exit: $6,485

Cash invested: $21,000 (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 77039

• Home prices YoY: -20.7%
• Active inventory: 84
• Price-to-rent: 4.8×

Monthly cashflow live

• Estimated rent: $1,297 high
• Mortgage (P&I): −$393
• Tax from tax record: −$258 /mo · $3,094/yr
• Insurance: −$31
• HOA: −$170
• Vacancy / Maint / Mgmt: −$272
• Net cashflow: $172

Break-even live

Break-even rent $1,079

Max offer price $75,000

Occupancy floor 82%

Sensitivity live

Price	-10% $215	-5% $194	+0% $172	+5% $151	+10% $130
Rent	-10% $70	-5% $121	+0% $172	+5% $224	+10% $275
Rate	-1.0pp $210	-0.5pp $191	base $172	+0.5pp $153	+1.0pp $133

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5001 Aldine Mail Route Rd Houston, TX	1.0–5.0	1.0–2.5	1065	$1,006	$0.94	45d	16	0.60mi
11610 Danford Ln Unit B Houston, TX	3.0	2.0	1150	$1,750	$1.52	45d	1	1.09mi
4610 Anice St Houston, TX	3.0	2.0	1786	$1,566	$0.88	14d	1	1.25mi
5526 Rotan Dr Houston, TX	3.0	2.0	1050	$900	$0.86	20d	1	1.30mi
4335 Aldine Mail Route Rd Houston, TX	1.0–3.0	1.0–2.0	936	$1,118	$1.19	3d	7	1.36mi

HOA detail

• Monthly dues: $170 · $2,040/yr

Listing history 34 events

1. 2026-06-21
   days on market $75,000 Active 93 DOM
2. 2026-06-18
   days on market $75,000 Active 90 DOM
3. 2026-06-17
   days on market $75,000 Active 89 DOM
4. 2026-06-16
   days on market $75,000 Active 88 DOM
5. 2026-06-15
   days on market $75,000 Active 87 DOM
6. 2026-06-13
   days on market $75,000 Active 85 DOM
7. 2026-06-13
   days on market $75,000 Active 84 DOM
8. 2026-06-09
   days on market $75,000 Active 81 DOM
9. 2026-06-08
   days on market $75,000 Active 80 DOM
10. 2026-06-07
    days on market $75,000 Active 79 DOM
11. 2026-06-04
    days on market $75,000 Active 76 DOM
12. 2026-06-03
    days on market $75,000 Active 75 DOM
13. 2026-06-02
    days on market $75,000 Active 74 DOM
14. 2026-06-01
    days on market $75,000 Active 73 DOM
15. 2026-05-31
    days on market $75,000 Active 72 DOM
16. 2026-03-20
    listed $75,000 Active 209-char remark

    Show marketing remark (209 chars)

    Tenant occupied through October 2026, may be willing to move, Townhome in need of TLC, investor special. Garage turned into a bedroom. Nice, open floor plan with high ceilings. Tons of potential, stays leased!

17. 2026-02-28
    historical
18. 2025-10-28
    historical $1,100
19. 2025-09-14
    price $90,000
20. 2025-09-08
    price $107,500
21. 2025-08-24
    listed $1,100
22. 2025-07-15
    listed $110,000 Active
23. 2022-12-09
    status Pending
24. 2022-12-09
    historical
25. 2022-12-09
    listed $115,000 Active
26. 2022-11-06
    status Pending
27. 2022-10-26
    status Option Pending
28. 2022-10-26
    historical
29. 2022-08-31
    listed $115,000 Active
30. 2021-04-05
    soldstatus
31. 2016-12-28
    soldstatus
32. 2013-10-30
    soldstatus
33. 2009-09-14
    soldstatus
34. 1995-08-29
    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: $3,094 · $258/mo
• Projected year-2 tax: $3,094 · $258/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 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 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,564
• − Mortgage interest: −$4,201
• − Property taxes: −$3,094
• − Insurance: −$375
• − Repairs & maintenance: −$1,245
• − Management: −$1,245
• − HOA: −$2,040
• − Depreciation: −$2,182
• Taxable income: $1,182
• Est. tax owed @ 24.0%: −$284
• After-tax cash flow: $1,784/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

• County: Harris County · 4,702,590 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 27,862
• Household income: $47,119
• Rent vs Own: 40.3% rent · 59.7% own
• Severe rent burden: 1128.0

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: Predominantly Hispanic (84%)
• Race & ethnicity: Hispanic / Latino 84% Two or more races 15% Black 9% White 5% Asian 2% Native American 1%
• Hispanic origin (detail): Mexican 71%
• Foreign-born: 38% · Canada
• Languages at home: 25% English-only · Spanish 74% Other Asian/Pacific 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: ▼ -82.88%
• Current HPI: 316.66
• Rent YoY: —
• 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

-34.8% since first listed

19 events — show timeline

• 2026-03-20 Listed $75,000 HARMLS
• 2026-02-28 Listing Removed — HARMLS
• 2025-10-28 Rental Removed $1,100 HARMLS
• 2025-09-14 Price Changed $90,000 HARMLS
• 2025-09-08 Price Changed $107,500 HARMLS
• 2025-08-24 Listed for Rent $1,100 HARMLS
• 2025-07-15 Listed $110,000 HARMLS
• 2022-12-09 Pending — HARMLS
• 2022-12-09 Listed $115,000 HARMLS
• 2022-12-09 Listing Removed — HARMLS
• 2022-11-06 Pending — HARMLS
• 2022-10-26 Pending — HARMLS
• 2022-10-26 Listing Removed — HARMLS
• 2022-08-31 Listed $115,000 HARMLS
• 2021-04-05 Sold (Public Records) — Public Records
• 2016-12-28 Sold (Public Records) — Public Records
• 2013-10-30 Sold (Public Records) — Public Records
• 2009-09-14 Sold (Public Records) — Public Records
• 1995-08-29 Sold (Public Records) — Public Records

Property tax history

+12.9%/yr

Latest (2025): $3,094 · -0.5% YoY. Source: county tax records.