7314 Forrestal St · Houston, TX
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 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 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 +28.9/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +8.5/10.0
- Rent growth +3.9/5.0
- Livability +3.7/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$105,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
Key facts
- Large backyard
- Converted garage
- Spacious lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $105k.
Deal economics
- At list price, monthly cash flow is $355 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $105k).
- Recommended offer: $99k (6.0% below list) — sets the bar for market timing.
- Cap rate 10.3% 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: schools D, 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.
- Market conditions: Rents rising fast (+5.5%/yr); 338 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
- This rent runs 45% of the median local income ($38k/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 $726 of loan paydown is wiped out by about $3k 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.
- At projected returns (-3.0% appreciation + 5.5% rent growth), your $29k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 67 days — a 6% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $20k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- It's been on market 67 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- 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?
- 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?
- 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
- 1.35% ✓
- Cap rate
- 10.35%
- Cash-on-cash
- 14.47%
- DSCR
- 1.64
- GRM
- 6.2
CMA / ARV
- ARV (median comp)
- $133,781
- List price
- $105,000
- Delta
- -21.51%
- 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 |
|---|---|---|---|---|---|---|---|
| 7314 Forrestal St | 0.00mi | 3/1.0 (+1) | 1,020 (0%) | 0mo | $105,000 | $103 | 95 |
| 5041 Southwind St | 0.19mi | 3/2.0 (+1) | 1,020 (0%) | 7mo | $195,000 | $191 | 76 |
| 5306 Kenilwood Dr | 0.61mi | 2/1.0 | 1,038 (+2%) | 5mo | $80,000 | $77 | 65 |
| 7330 Hurtgen Forest Rd | 0.10mi | 3/2.0 (+1) | 1,154 (+13%) | 3mo | $154,900 | $134 | 62 |
| 5106 Malmedy Rd | 0.35mi | 3/1.5 (+1) | 1,071 (+5%) | 9mo | $159,999 | $149 | 61 |
| 5007 Northridge Dr | 0.58mi | 3/1.0 (+1) | 1,069 (+5%) | 2mo | $163,900 | $153 | 59 |
| 5010 Gren St | 0.66mi | 3/1.0 (+1) | 1,017 (-0%) | 9mo | $135,000 | $133 | 56 |
| 7129 Foster St | 0.68mi | 2/1.0 | 1,107 (+8%) | 5mo | $120,000 | $108 | 50 |
| 5318 Longmeadow St | 0.56mi | 3/1.0 (+1) | 1,138 (+12%) | 3mo | $125,000 | $110 | 47 |
| 4407 Alice St | 0.73mi | 2/1.0 | 896 (-12%) | 5mo | $95,000 | $106 | 41 |
| 5035 Andrea St | 0.58mi | 3/2.0 (+1) | 1,156 (+13%) | 5mo | $195,000 | $169 | 37 |
| 7713 St Lo Rd | 0.74mi | 3/2.0 (+1) | 1,151 (+13%) | 4mo | $199,900 | $174 | 32 |
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 · 5.45% rent growth · sell at horizon
- IRR
- 7.8%
- Equity multiple
- 1.31×
- Total profit
- $9,210
- Equity at exit
- $15,656
- IRR
- 19.2%
- Equity multiple
- 2.80×
- Total profit
- $52,791
- Equity at exit
- $9,078
Cash invested: $29,400 (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 77033
- Home prices YoY
- -16.3%
- Rents YoY
- 5.5%
- Active inventory
- 338
- Price-to-rent
- 6.2×
Monthly cashflow live
- Estimated rent
- $1,422 high interval (Pro) →
- Mortgage (P&I)
- −$551
- Tax from tax record
- −$174 /mo · $2,092/yr
- Insurance
- −$44
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$299
- Net cashflow
- $355
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
- $26,250
- Closing costs
- $3,150
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 7818 Calhoun Rd Unit 8 Houston, TX | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 43d | 1 | 0.64mi |
| 4530 Mayflower St Houston, TX | 3.0 | 2.0 | 1302 | $1,800 | $1.38 | 43d | 1 | 0.66mi |
| 7918 Jutland Rd Houston, TX | 3.0 | 1.0 | 996 | $1,295 | $1.30 | 43d | 1 | 0.68mi |
| 4615 Redbud St Unit b Houston, TX | 3.0 | 2.0 | 872 | $1,149 | $1.32 | 24d | 1 | 0.71mi |
| 8107 Calhoun Rd Houston, TX | 3.0 | 2.5 | 1304 | $2,250 | $1.73 | 24d | 1 | 0.74mi |
| 5314 Northridge Dr Unit A Houston, TX | 3.0 | 2.0 | 872 | $1,185 | $1.36 | 43d | 1 | 0.75mi |
| 4609 Bricker St Unit B Houston, TX | 3.0 | 2.5 | 1300 | $3,500 | $2.69 | 12d | 1 | 0.76mi |
| 4609 Bricker St Unit C Houston, TX | 2.0 | 1.5 | 1100 | $3,200 | $2.91 | 12d | 1 | 0.76mi |
| 4609 Bricker St Unit ABC Houston, TX | 3.0 | 2.5 | 1375 | $3,500 | $2.55 | 11d | 1 | 0.76mi |
| 6532 Weston St Unit A Houston, TX | 3.0 | 3.0 | 1484 | $2,200 | $1.48 | 18d | 1 | 0.77mi |
| 6528 Weston St Unit A Houston, TX | 3.0 | 3.0 | 1484 | $2,200 | $1.48 | 43d | 1 | 0.78mi |
| 5537 Bataan Rd Houston, TX | 2.0 | 1.0 | 880 | $1,300 | $1.48 | 43d | 1 | 0.79mi |
| 7032 Conley St Houston, TX | 3.0 | 2.0 | 1220 | $2,850 | $2.34 | 43d | 1 | 0.94mi |
| 4007 Corder St Houston, TX | 2.0 | 1.0 | 814 | $885 | $1.09 | 24d | 1 | 0.98mi |
| 8521 Dosia St Houston, TX | 3.0 | 2.0 | 1028 | $1,665 | $1.62 | 12d | 1 | 1.03mi |
| 5835 Southmont St Houston, TX | 3.0 | 2.0 | 1200 | $1,700 | $1.42 | 43d | 1 | 1.03mi |
| 5954 Doolittle Blvd Houston, TX | 3.0 | 2.0 | 1371 | $1,575 | $1.15 | 43d | 1 | 1.06mi |
| 6030 Schroeder Rd Houston, TX | 1.0 | 1.0 | 740 | $850 | $1.15 | 43d | 1 | 1.09mi |
| 1600 Jester St Houston, TX | 1.0–2.0 | 1.0 | 707 | $1,395 | $1.97 | 2d | 4 | 1.10mi |
| 4410 Bellfort Ave Unit 4404 8 Houston, TX | 2.0 | 1.0 | 812 | $999 | $1.23 | 7d | 1 | 1.14mi |
| 4515 Dewberry St Houston, TX | 1.0 | 1.0 | 1400 | $664 | $0.47 | 20d | 1 | 1.15mi |
| 5918 Schroeder Rd Houston, TX | 1.0–2.0 | 1.0 | 850 | $1,000 | $1.18 | 43d | 1 | 1.22mi |
| 5924 Schroeder Rd Houston, TX | 2.0 | 1.0 | 900 | $895 | $0.99 | 43d | 1 | 1.23mi |
| 5924 Schroeder Rd Houston, TX | 1.0 | 1.0 | 800 | $795 | $0.99 | 24d | 1 | 1.23mi |
| 5924 Schroeder Rd Houston, TX | 2.0 | 1.0 | 900 | $895 | $0.99 | 22d | 1 | 1.23mi |
| 4526 Knoxville St Unit A Houston, TX | 3.0 | 2.5 | 1474 | $1,775 | $1.20 | 15d | 1 | 1.26mi |
| 7823 Gladstone St Houston, TX | 2.0 | 2.0 | 850 | $1,600 | $1.88 | 43d | 1 | 1.27mi |
| 5514 Griggs Rd Unit 5571 Houston, TX | 2.0 | 2.0 | 1322 | $1,214 | $0.92 | 11d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 2162 Houston, TX | 2.0 | 2.0 | 1322 | $1,190 | $0.90 | 5d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 1162 Houston, TX | 1.0 | 1.0 | 1003 | $965 | $0.96 | 5d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 324 Houston, TX | 1.0 | 1.0 | 1003 | $965 | $0.96 | 7d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 422 Houston, TX | 2.0 | 2.0 | 1322 | $1,190 | $0.90 | 7d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 1165 Houston, TX | 1.0 | 1.0 | 1003 | $962 | $0.96 | 3d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 5565 Houston, TX | 1.0 | 1.0 | 1003 | $935 | $0.93 | 43d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 5535 Houston, TX | 1.0 | 1.0 | 1003 | $1,004 | $1.00 | 11d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 5535 Houston, TX | 1.0 | 1.0 | 1003 | $940 | $0.94 | 14d | 1 | 1.33mi |
| 5514 Griggs Rd Unit 2187 Houston, TX | 2.0 | 2.0 | 1322 | $1,182 | $0.89 | 3d | 1 | 1.33mi |
| 5514 Griggs Rd Houston, TX | 2.0 | 2.0 | 1322 | $1,210 | $0.92 | 43d | 1 | 1.35mi |
| 5514 Griggs Rd Houston, TX | 1.0 | 1.0 | 1003 | $935 | $0.93 | 14d | 1 | 1.35mi |
| 5116 Griggs Rd Houston, TX | 3.0 | 2.0 | 1131 | $1,316 | $1.16 | 43d | 1 | 1.35mi |
Listing history 10 events
-
2026-05-18price $105,000 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-05-15status Active 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-05-14status Pending 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-05-08status Active 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-04-29historical Active Under Contract 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-04-27status Pending 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-04-07price $115,000 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-03-30price $119,500 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
2026-03-20$125,000 Active 825-char remark
Show marketing remark (825 chars)
Charming 3-bedroom home offers a great opportunity for investors or buyers looking to customize to their own taste. Situated on a spacious lot, this property features practical living space & is ready for those seeking a improvement project with good living-in, flipping, or rental potential...this is a great opportunity to add value and/or maximize returns. Garage was converted to a spacious 3rd bedroom, & additional storage. Large backyard for outside living/entertainment…or to expand home. Simple access to employment centers, hospitals, shopping & entertainment. Conveniently located directly off of Highway 610…easily accessible to NRG Stadium, Texas Med Center, Downtown, University of Houston, Texas Southern, and Hobby Airport & much more! Low tax rate & no HOA! Home sold as-is.
-
1988-01-02soldstatus
ⓘ 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
- $2,092 · $174/mo
- Projected year-2 tax
- $2,092 · $174/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 4/10 Moderate FEMA zone X (unshaded) · 20% 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 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
- $17,063
- − Mortgage interest
- −$5,882
- − Property taxes
- −$2,092
- − Insurance
- −$525
- − Repairs & maintenance
- −$1,365
- − Management
- −$1,365
- − Depreciation
- −$3,055
- Taxable income
- $2,780
- Est. tax owed @ 24.0%
- −$667
- After-tax cash flow
- $3,588/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
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)
- 29,154
- Household income
- $38,071
- Rent vs Own
- Severe rent burden
- 1728.0
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
- Majority Black (55%)
- Race & ethnicity
- Black 55% Hispanic / Latino 43% Two or more races 17% Native American 1%
- Hispanic origin (detail)
- Mexican 35%
- Common ancestry
- Lithuanian 1%
- Foreign-born
- 18% · Canada
- Languages at home
- 61% English-only · Spanish 39%
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
- ▼ -41.49%
- Current HPI
- 212.6472
- Rent YoY
- ▲ 5.45%
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-16.0% since first listed10 events — show timeline
- 2026-05-18 Price Changed $105,000 HARMLS
- 2026-05-15 Relisted — HARMLS
- 2026-05-14 Pending — HARMLS
- 2026-05-08 Relisted — HARMLS
- 2026-04-29 Contingent — HARMLS
- 2026-04-27 Pending — HARMLS
- 2026-04-07 Price Changed $115,000 HARMLS
- 2026-03-30 Price Changed $119,500 HARMLS
- 2026-03-20 Listed $125,000 HARMLS
- 1988-01-02 Sold (Public Records) — Public Records
Property tax history
+4.6%/yrLatest (2025): $2,092 · +11.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…