410 Clinton Park St · Houston, TX 77029

$124,900

3 bd · 1.0 ba · 857 sqft · SingleFamily public records · 289 Days on market

Built 1940 6,599 sqft lot $146/sqft · 23% below area Est $163k · 23% under ↓ 4% since listing

---

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 +24.6/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +8.0/10.0
• 1% rule +6.5/10.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

Key facts

• Fully renovated
• Large backyard
• Spacious lot

Tags

• FULLY RENOVATED
• SPACIOUS LOT
• PRIME LOCATION
• LARGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $259 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.

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: Pleasantville El (math 8% / reading 22%, grade F, #4,021 of 4,322 statewide, top 94%, 233 students, 97% FRL); Holland Middle (math 10% / reading 16%, grade F, #1,609 of 1,662 statewide, top 97%, 644 students, 98% FRL); Furr H S (math 8% / reading 25%, grade F, #1,497 of 1,632 statewide, top 92%, 1,173 students, 96% FRL) — zoned schools average 97% FRL vs 71% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 15% at this address vs 31% district-wide (-16 pts) — the specific schools serving this property underperform the Houston ISD average; the district grade overstates school quality for this exact location.
• Market conditions: 154 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($864 loan paydown + $12k appreciation (10.0% local appreciation)).
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $35k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 289 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 3y ago; this cycle's ask is 7470% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 6→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 289 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 1940 — 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: 1.15% ✓
• Cap rate: 8.78%
• Cash-on-cash: 8.88%
• DSCR: 1.40
• GRM: 7.3

CMA / ARV

• ARV (median comp): $162,842
• List price: $124,900
• Delta: -23.30%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
421 De Haven St	0.29mi	2/1.0 (-1)	768 (-10%)	5mo	$138,000	$180	60
153 De Haven St	0.27mi	2/1.0 (-1)	880 (+3%)	23mo	$150,000	$170	59
1407 Craig Dr	0.71mi	2/1.0 (-1)	872 (+2%)	10mo	$161,500	$185	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.8%
• Equity multiple: 3.42×
• Total profit: $84,543
• Equity at exit: $112,520

10-year hold

• IRR: 26.6%
• Equity multiple: 7.75×
• Total profit: $236,053
• Equity at exit: $242,653

Cash invested: $34,972 (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 77029

• Home prices YoY: 7.2%
• Active inventory: 154
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,434 high
• Mortgage (P&I): −$655
• Tax from tax record: −$167 /mo · $1,999/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$301
• Net cashflow: $259

Break-even live

Break-even rent $1,106

Max offer price $124,900

Occupancy floor 77%

Sensitivity live

Price	-10% $330	-5% $294	+0% $259	+5% $224	+10% $188
Rent	-10% $146	-5% $202	+0% $259	+5% $316	+10% $372
Rate	-1.0pp $322	-0.5pp $291	base $259	+0.5pp $227	+1.0pp $194

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
403 Armstrong St Houston, TX	3.0	2.0	909	$1,399	$1.54	0d	1	0.14mi
335 Delaware St Houston, TX	2.0	1.0	784	$940	$1.20	14d	1	0.19mi
423 Armstrong St Houston, TX	3.0	2.0	1090	$1,499	$1.38	0d	1	0.19mi
9743 Veyblum St Unit B Houston, TX	3.0	2.0	872	$1,145	$1.31	7d	1	0.97mi
9713 Stedman St Unit b Houston, TX	3.0	2.0	872	$1,095	$1.26	45d	1	1.11mi

Listing history 33 events

1. 2026-06-15
   days on market $124,900 Active 289 DOM
2. 2026-06-13
   days on market $124,900 Active 287 DOM
3. 2026-06-10
   days on market $124,900 Active 283 DOM
4. 2026-06-08
   days on market $124,900 Active 282 DOM
5. 2026-06-07
   days on market $124,900 Active 281 DOM
6. 2026-06-04
   days on market $124,900 Active 278 DOM
7. 2026-06-01
   days on market $124,900 Active 275 DOM
8. 2026-05-31
   days on market $124,900 Active 274 DOM
9. 2026-04-09
   price $124,900 594-char remark

   Show marketing remark (594 chars)

   No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

10. 2026-03-06
    price $129,000 594-char remark

    Show marketing remark (594 chars)

    No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

11. 2026-02-15
    historical $1,650
12. 2026-01-12
    status Active 594-char remark

    Show marketing remark (594 chars)

    No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

13. 2025-11-30
    status Pending 594-char remark

    Show marketing remark (594 chars)

    No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

14. 2025-11-23
    status Pending 594-char remark

    Show marketing remark (594 chars)

    No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

15. 2025-09-20
    price $134,000 594-char remark

    Show marketing remark (594 chars)

    No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

16. 2025-07-17
    listed $1,650

    Show marketing remark (594 chars)

    No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

17. 2025-07-17
    listed $139,000 Active 594-char remark

    Show marketing remark (594 chars)

    No HOA! In the heart of Galena Park, East Houston, this fully renovated 3-bedroom, 1-bathroom home offers comfort and convenience. Sitting on a spacious 6,600 sq. ft. lot, the 677 sq. ft. home features modern updates, bright living spaces, and an attached single-car garage. Its prime location provides easy access to 610 Hwy, I-10, and 225, making commutes a breeze while being close to schools, parks, and local amenities. With a large backyard offering endless possibilities, this move-in-ready home is a fantastic opportunity for first-time buyers or investors. Schedule your showing today!

18. 2025-07-16
    historical $1,650
19. 2025-07-15
    historical
20. 2025-07-08
    listed $1,650
21. 2025-06-30
    historical $1,650
22. 2025-05-27
    price $169,000
23. 2025-04-25
    listed $1,650
24. 2025-04-02
    listed $172,000 Active
25. 2024-01-19
    historical
26. 2023-11-09
    listed $114,900 Active
27. 2023-09-12
    soldstatus
28. 2023-09-11
    soldstatus Sold
29. 2023-08-20
    status Pending
30. 2023-07-21
    listed $130,000 Active
31. 2018-03-13
    soldstatus
32. 2013-04-19
    soldstatus
33. 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: $1,999 · $167/mo
• Projected year-2 tax: $2,286 · $190/mo
• Expected delta: +$287/yr (+$24/mo · 14.4%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 6 d/yr ≥109°F today · 18 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: $17,203
• − Mortgage interest: −$6,996
• − Property taxes: −$1,999
• − Insurance: −$624
• − Repairs & maintenance: −$1,376
• − Management: −$1,376
• − Depreciation: −$3,633
• Taxable income: $1,197
• Est. tax owed @ 24.0%: −$287
• After-tax cash flow: $2,820/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): 16,154
• Household income: $48,279
• Rent vs Own: 34.4% rent · 65.6% own
• Severe rent burden: 457.0

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 (72%)
• Race & ethnicity: Hispanic / Latino 72% Two or more races 32% Black 22% White 5%
• Hispanic origin (detail): Mexican 66%
• Foreign-born: 31% · Canada
• Languages at home: 39% English-only · Spanish 61%

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: ▲ 18.53%
• Current HPI: 276.1811
• 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

-3.9% since first listed

25 events — show timeline

• 2026-04-09 Price Changed $124,900 HARMLS
• 2026-03-06 Price Changed $129,000 HARMLS
• 2026-02-15 Rental Removed $1,650 HARMLS
• 2026-01-12 Relisted — HARMLS
• 2025-11-30 Pending — HARMLS
• 2025-11-23 Pending — HARMLS
• 2025-09-20 Price Changed $134,000 HARMLS
• 2025-07-17 Listed for Rent $1,650 HARMLS
• 2025-07-17 Listed $139,000 HARMLS
• 2025-07-16 Rental Removed $1,650 HARMLS
• 2025-07-15 Listing Removed — HARMLS
• 2025-07-08 Listed for Rent $1,650 HARMLS
• 2025-06-30 Rental Removed $1,650 HARMLS
• 2025-05-27 Price Changed $169,000 HARMLS
• 2025-04-25 Listed for Rent $1,650 HARMLS
• 2025-04-02 Listed $172,000 HARMLS
• 2024-01-19 Listing Removed — HARMLS
• 2023-11-09 Listed $114,900 HARMLS
• 2023-09-12 Sold (Public Records) — Public Records
• 2023-09-11 Sold (MLS) — HARMLS
• 2023-08-20 Pending — HARMLS
• 2023-07-21 Listed $130,000 HARMLS
• 2018-03-13 Sold (Public Records) — Public Records
• 2013-04-19 Sold (Public Records) — Public Records
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+5.1%/yr

Latest (2025): $1,999 · +11.2% YoY. Source: county tax records.