17435 Typhoon Way · Crosby, TX 77532

$179,999

3 bd · 2.0 ba · 1,432 sqft · SingleFamily public records · 172 Days on market

Built 2005 7,200 sqft lot $126/sqft · 24% below area Est $237k · 24% under $60/mo HOA · 3% of rent

---

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 +15.3/30.0
• ARV discount +15.0/15.0
• 1% rule +6.1/10.0
• DSCR +4.7/10.0
• 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

Listing remarks MLS

Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

Key facts

• 7,200 sq ft lot
• 2 garage spots
• Community pool

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $180k.

Deal economics

• At list price, monthly cash flow is $67 ($807/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.7% 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; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 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 $5k 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 172 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 13y ago; this cycle's ask has dropped $65k (27%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.8% of price.
• 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.

Recommended offer $158,399 (12.0% below list)

Questions for the listing agent

1. It's been on market 172 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 1.11% ✓
• Cap rate: 6.74%
• Cash-on-cash: 1.60%
• DSCR: 1.07
• GRM: 7.5

CMA / ARV

• ARV (median comp): $236,739
• List price: $179,999
• Delta: -23.97%
• 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
17514 Marl Ct	0.12mi	3/2.0	1,435 (+0%)	2mo	$235,000	$164	93
17247 Yeoman Way	0.10mi	3/2.0	1,513 (+6%)	1mo	$265,000	$175	85
17910 Alee Ct	0.30mi	3/2.0	1,467 (+2%)	2mo	$225,000	$153	80
17114 Jetty Ct	0.32mi	3/2.0	1,528 (+7%)	2mo	$249,900	$164	72
17030 Morning Star Ave	0.37mi	2/2.0 (-1)	1,311 (-8%)	3mo	$149,000	$114	62
16711 Jib Ct	0.72mi	3/2.0	1,460 (+2%)	2mo	$222,500	$152	61
17706 Craft Ct	0.39mi	3/2.0	1,621 (+13%)	1mo	$242,000	$149	59
17202 N Lighthouse Dr	0.42mi	3/2.0	1,620 (+13%)	1mo	$289,900	$179	58
622 Nestor Dr	0.69mi	3/2.0	1,575 (+10%)	1mo	$268,990	$171	50
638 Nestor Dr	0.69mi	3/2.0	1,575 (+10%)	1mo	$268,990	$171	50
207 Rustic Alder Dr	0.65mi	3/2.0	1,612 (+13%)	3mo	$279,220	$173	47
16806 S Lighthouse Dr	0.71mi	3/2.0	1,621 (+13%)	2mo	$224,900	$139	43

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

5-year hold

• IRR: -15.7%
• Equity multiple: 0.45×
• Total profit: $-27,695
• Equity at exit: $26,838

10-year hold

• IRR: -10.5%
• Equity multiple: 0.41×
• Total profit: $-29,768
• Equity at exit: $15,563

Cash invested: $50,400 (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

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 77532

• Home prices YoY: -28.6%
• Rents YoY: 1.5%
• Active inventory: 1172
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,992 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$427 /mo · $5,130/yr
• Insurance: −$75
• HOA: −$60
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $67

Break-even live

Break-even rent $1,907

Max offer price $179,999

Occupancy floor 92%

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
430 Fishhawk Way Crosby, TX	3.0	2.0	1369	$1,863	$1.36	4d	1	0.65mi
16700 Golf Club Dr Crosby, TX	1.0–2.0	1.0–2.0	780	$1,275	$1.63	1d	12	0.83mi
711 Equinox St Crosby, TX	3.0	2.0	1802	$1,881	$1.04	43d	1	1.08mi
16318 River Wood Ct Crosby, TX	3.0	2.5	1681	$1,946	$1.16	1d	1	1.29mi

HOA detail

• Monthly dues: $60 · $720/yr
• Likely covers: water

Listing history 27 events

1. 2026-06-18
   days on market $179,999 Pending 172 DOM
2. 2026-06-17
   days on market $179,999 Pending 171 DOM
3. 2026-06-16
   days on market $179,999 Pending 170 DOM
4. 2026-06-15
   days on market $179,999 Pending 169 DOM
5. 2026-06-13
   statusdays on market $179,999 Pending 167 DOM
6. 2026-06-09
   days on market $179,999 Active 163 DOM
7. 2026-06-08
   days on market $179,999 Active 162 DOM
8. 2026-06-07
   days on market $179,999 Active 161 DOM
9. 2026-06-04
   days on market $179,999 Active 158 DOM
10. 2026-06-03
    days on market $179,999 Active 157 DOM
11. 2026-06-02
    days on market $179,999 Active 156 DOM
12. 2026-06-01
    days on market $179,999 Active 155 DOM
13. 2026-05-31
    days on market $179,999 Active 154 DOM
14. 2026-04-04
    price $204,998 608-char remark

    Show marketing remark (608 chars)

    Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

15. 2026-03-02
    price $204,999 608-char remark

    Show marketing remark (608 chars)

    Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

16. 2026-02-10
    price $214,999 608-char remark

    Show marketing remark (608 chars)

    Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

17. 2026-01-28
    price $239,900 608-char remark

    Show marketing remark (608 chars)

    Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

18. 2025-12-28
    status Active 608-char remark

    Show marketing remark (608 chars)

    Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

19. 2025-11-18
    historical 608-char remark

    Show marketing remark (608 chars)

    Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

20. 2025-11-18
    listed $245,000 Active 608-char remark

    Show marketing remark (608 chars)

    Discover comfort and peace of mind in this beautifully updated one-story home tucked away on a quiet street. Nearly every major feature has been upgraded for long-term ease, including the roof, water heater, flooring, and all appliances. Energy efficiency shines throughout with double-pane windows and propane utilities that help keep monthly costs low. Inside, the layout feels open and inviting, while outside, a huge backyard offers endless potential for gatherings, gardening, or future additions. This move-in-ready gem blends modern upgrades with everyday convenience—truly a place to call home.

21. 2013-10-14
    soldstatus
22. 2013-10-11
    soldstatus Sold 168-char remark

    Show marketing remark (168 chars)

    Here's a cute cottage house. Has three bedrooms with formal dining room, utility room in-house. Large master will fit that large furniture. Close to Newport Elementary.

23. 2013-09-23
    status Pending 168-char remark

    Show marketing remark (168 chars)

    Here's a cute cottage house. Has three bedrooms with formal dining room, utility room in-house. Large master will fit that large furniture. Close to Newport Elementary.

24. 2013-09-16
    status Option Pending 168-char remark

    Show marketing remark (168 chars)

    Here's a cute cottage house. Has three bedrooms with formal dining room, utility room in-house. Large master will fit that large furniture. Close to Newport Elementary.

25. 2013-08-19
    listed $112,000 Active 168-char remark

    Show marketing remark (168 chars)

    Here's a cute cottage house. Has three bedrooms with formal dining room, utility room in-house. Large master will fit that large furniture. Close to Newport Elementary.

26. 2004-09-03
    soldstatus
27. 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: $5,130 · $427/mo
• Projected year-2 tax: $5,130 · $427/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 1/10 Low
• 🌡 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

Taxation est. · year 1

• Rental income: $23,904
• − Mortgage interest: −$10,083
• − Property taxes: −$5,130
• − Insurance: −$900
• − Repairs & maintenance: −$1,912
• − Management: −$1,912
• − HOA: −$720
• − Depreciation: −$5,236
• Taxable loss: −$1,990
• Est. tax savings @ 24.0%: +$478
• After-tax cash flow: $1,284/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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• 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: 13.9% rent · 86.1% 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

+83.0% since first listed

14 events — show timeline

• 2026-04-04 Price Changed $204,998 HARMLS
• 2026-03-02 Price Changed $204,999 HARMLS
• 2026-02-10 Price Changed $214,999 HARMLS
• 2026-01-28 Price Changed $239,900 HARMLS
• 2025-12-28 Relisted — HARMLS
• 2025-11-18 Listed $245,000 HARMLS
• 2025-11-18 Listing Removed — HARMLS
• 2013-10-14 Sold (Public Records) — Public Records
• 2013-10-11 Sold (MLS) — HARMLS
• 2013-09-23 Pending — HARMLS
• 2013-09-16 Pending — HARMLS
• 2013-08-19 Listed $112,000 HARMLS
• 2004-09-03 Sold (Public Records) — Public Records
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+7.6%/yr

Latest (2025): $5,130 · +4.0% YoY. Source: county tax records.