5703 Easthampton Dr Unit D · Houston, TX 77039

$152,820

2 bd · 1.5 ba · 1,698 sqft · Townhouse public records · 19 Days on market

Built 1979 2,156 sqft lot $90/sqft · 15% below area Est $180k · 15% under $203/mo HOA · 16% of rent

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Why this score? — see what drove the F 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 +14.4/15.0
• Cash flow +6.0/30.0
• Livability +3.7/5.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• DSCR +0.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTORS!!! 2 Story 3 Bedroom 2 Bath Townhouse w/ 2 Car Garage, Tenant in Place, Kitchen w/ Breakfast Bar, Master Down All Other Bedrooms Up, Recent French Drains and Rain Gutters Installed in Patio Area, New Sliding Patio Doors Installed in Master Bedroom and off Kitchen, New Roof, AC Condenser Unit and Coil Replaced Last Summer

Key facts

• Updated appliances
• Ample counter space
• Remodeled kitchen

Tags

• WOOD FIREPLACE
• PRIVATE PATIO
• UPDATED APPLIANCES
• DECORATIVE TILE BACKSPLASH
• AMPLE COUNTER SPACE
• REMODELED KITCHEN

Property features AI

Finance

• Other: Lease not considered; Seller disclosure available
• HOA & community: Northeast Pine Village HOA with monthly fee of $203 covering common areas

Exterior

• Parking: Attached 2-car garage
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Residential property; 2 stories; Built in 1979; Slab foundation
• Construction: Brick, synthetic stucco, vinyl siding, and wood siding exterior
• Exterior features: Smoke detector(s); Composition roof; Lot approximately 2,156 square feet

Interior

• Kitchen: Dishwasher; Electric oven; Free-standing range; Gas range; Microwave; Oven; Disposal
• Flooring: Carpet; Tile; Vinyl
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (gas); Central air (electric); Programmable thermostat
• Interior features: Double vanity; High ceilings; Quartz counters; Ceiling fan(s); Programmable thermostat; One fireplace; Six total rooms

What this means for you Summary

Snapshot

• This is a 2-bed/1.5-bath townhouse listed at $153k.

Deal economics

• At list price, monthly cash flow is $-295 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $101k (34.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (14.6% below list).
• Recommended offer: $101k (34.1% below list) — sets the bar for cash-flow.
• Cap rate 4.0% vs local median 3.2% in Houston — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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); Aldine H S (math 15% / reading 20%, grade F, #1,451 of 1,632 statewide, top 89%, 2,663 students, 94% FRL) — zoned schools average 95% FRL vs 79% district-wide (16 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 84 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 $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 19 days — a 2% lower offer ($151k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 16y 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.
• Current owner paid $35k; list at $153k implies a 337% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• 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.

Recommended offer $100,697 (34.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.85% ✗
• Cap rate: 3.98%
• Cash-on-cash: -8.27%
• DSCR: 0.63
• GRM: 9.8

CMA / ARV

• ARV (median comp): $180,393
• List price: $152,820
• Delta: -15.28%
• 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
12203 W Village Dr Unit C	0.04mi	3/2.0 (+1)	1,698 (0%)	2mo	$139,000	$82	89
5755 Easthampton Dr Unit C	0.08mi	3/2.5 (+1)	1,623 (-4%)	1mo	$117,999	$73	79
12223 W Village Dr Unit D	0.08mi	2/1.5	1,619 (-5%)	12mo	$55,000	$34	79
5731 Easthampton Dr Unit A	0.03mi	3/2.5 (+1)	1,623 (-4%)	5mo	$122,500	$75	78
12307 W Village Dr Unit A	0.18mi	3/2.0 (+1)	1,728 (+2%)	10mo	$119,900	$69	74
12223 Wild Pine Dr Unit D	0.15mi	2/2.5	1,555 (-8%)	2mo	$110,900	$71	73
5767 Easthampton Dr Unit C	0.08mi	3/2.0 (+1)	1,623 (-4%)	12mo	$128,000	$79	71
12203 Wild Pine Dr Unit C	0.12mi	3/2.5 (+1)	1,680 (-1%)	15mo	$84,000	$50	71
5714 Easthampton Dr Unit C	0.04mi	3/2.5 (+1)	1,527 (-10%)	4mo	$125,000	$82	69
12419 W Village Dr Unit A	0.28mi	2/1.5	1,526 (-10%)	13mo	$58,000	$38	60
12307 W Village Dr Unit C	0.18mi	3/2.0 (+1)	1,491 (-12%)	15mo	$135,700	$91	52
5802 Twisted Pine Ct Unit F	0.27mi	3/2.5 (+1)	1,920 (+13%)	10mo	$164,899	$86	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -30.7%
• Equity multiple: -0.01×
• Total profit: $-43,370
• Equity at exit: $22,786

10-year hold

• IRR: -32.3%
• Equity multiple: -0.43×
• Total profit: $-61,209
• Equity at exit: $13,213

Cash invested: $42,790 (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: 9.8×

Monthly cashflow live

• Estimated rent: $1,306 high
• Mortgage (P&I): −$801
• Tax from tax record: −$258 /mo · $3,101/yr
• Insurance: −$64
• HOA: −$203
• Vacancy / Maint / Mgmt: −$274
• Net cashflow: $-295

Break-even live

Break-even rent $1,679

Max offer price $100,697

Occupancy floor —

Sensitivity live

Price	-10% $-209	-5% $-252	+0% $-295	+5% $-338	+10% $-382
Rent	-10% $-398	-5% $-347	+0% $-295	+5% $-243	+10% $-192
Rate	-1.0pp $-218	-0.5pp $-256	base $-295	+0.5pp $-335	+1.0pp $-375

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: $38,205
• Closing costs: $4,585
• 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	0.55mi
11610 Danford Ln Unit B Houston, TX	3.0	2.0	1150	$1,750	$1.52	45d	1	1.06mi
4610 Anice St Houston, TX	3.0	2.0	1786	$1,566	$0.88	14d	1	1.22mi
4335 Aldine Mail Route Rd Houston, TX	1.0–3.0	1.0–2.0	936	$1,118	$1.19	3d	7	1.30mi
5526 Rotan Dr Houston, TX	3.0	2.0	1050	$900	$0.86	20d	1	1.37mi

HOA detail

• Monthly dues: $203 · $2,436/yr

Listing history 29 events

1. 2026-06-21
   days on market $152,820 Active 19 DOM
2. 2026-06-18
   days on market $152,820 Active 16 DOM
3. 2026-06-17
   days on market $152,820 Active 15 DOM
4. 2026-06-16
   days on market $152,820 Active 14 DOM
5. 2026-06-15
   days on market $152,820 Active 13 DOM
6. 2026-06-13
   days on market $152,820 Active 11 DOM
7. 2026-06-13
   days on market $152,820 Active 10 DOM
8. 2026-06-09
   days on market $152,820 Active 7 DOM
9. 2026-06-08
   days on market $152,820 Active 6 DOM
10. 2026-06-07
    days on market $152,820 Active 5 DOM
11. 2026-06-04
    days on market $152,820 Active 2 DOM
12. 2026-06-03
    days on marketlisting id $152,820 Active 1 DOM
13. 2026-06-02
    days on market $152,820 Active 68 DOM
14. 2026-06-01
    days on market $152,820 Active 67 DOM
15. 2026-05-31
    days on market $152,820 Active 66 DOM
16. 2026-05-09
    price $152,820 905-char remark
17. 2026-03-26
    listed $165,000 Active 905-char remark
18. 2022-02-28
    soldstatus
19. 2019-03-19
    soldstatus
20. 2019-03-12
    soldstatus Sold 332-char remark

    Show marketing remark (332 chars)

    INVESTORS!!! 2 Story 3 Bedroom 2 Bath Townhouse w/ 2 Car Garage, Tenant in Place, Kitchen w/ Breakfast Bar, Master Down All Other Bedrooms Up, Recent French Drains and Rain Gutters Installed in Patio Area, New Sliding Patio Doors Installed in Master Bedroom and off Kitchen, New Roof, AC Condenser Unit and Coil Replaced Last Summer

21. 2019-03-02
    status Pending 332-char remark

    Show marketing remark (332 chars)

    INVESTORS!!! 2 Story 3 Bedroom 2 Bath Townhouse w/ 2 Car Garage, Tenant in Place, Kitchen w/ Breakfast Bar, Master Down All Other Bedrooms Up, Recent French Drains and Rain Gutters Installed in Patio Area, New Sliding Patio Doors Installed in Master Bedroom and off Kitchen, New Roof, AC Condenser Unit and Coil Replaced Last Summer

22. 2019-02-21
    status Option Pending 332-char remark

    Show marketing remark (332 chars)

    INVESTORS!!! 2 Story 3 Bedroom 2 Bath Townhouse w/ 2 Car Garage, Tenant in Place, Kitchen w/ Breakfast Bar, Master Down All Other Bedrooms Up, Recent French Drains and Rain Gutters Installed in Patio Area, New Sliding Patio Doors Installed in Master Bedroom and off Kitchen, New Roof, AC Condenser Unit and Coil Replaced Last Summer

23. 2019-02-16
    listed $65,000 Active 332-char remark

    Show marketing remark (332 chars)

    INVESTORS!!! 2 Story 3 Bedroom 2 Bath Townhouse w/ 2 Car Garage, Tenant in Place, Kitchen w/ Breakfast Bar, Master Down All Other Bedrooms Up, Recent French Drains and Rain Gutters Installed in Patio Area, New Sliding Patio Doors Installed in Master Bedroom and off Kitchen, New Roof, AC Condenser Unit and Coil Replaced Last Summer

24. 2010-08-27
    historical
25. 2010-01-26
    listed $66,500
26. 2007-05-10
    soldstatus
27. 1999-08-27
    soldstatus
28. 1999-08-25
    soldstatus $35,000
29. 1994-08-01
    soldstatus $19,000

ⓘ 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: $3,101 · $258/mo
• Projected year-2 tax: $3,101 · $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 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 · 24 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: $15,667
• − Mortgage interest: −$8,560
• − Property taxes: −$3,101
• − Insurance: −$764
• − Repairs & maintenance: −$1,253
• − Management: −$1,253
• − HOA: −$2,436
• − Depreciation: −$4,446
• Taxable loss: −$6,146
• Est. tax savings @ 24.0%: +$1,475
• After-tax cash flow: $-2,066/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

+704.3% since first listed

16 events — show timeline

• 2026-06-02 Listing Removed — HARMLS
• 2026-06-02 Listed $152,820 HARMLS
• 2026-05-09 Price Changed $152,820 HARMLS
• 2026-03-26 Listed $165,000 HARMLS
• 2022-02-28 Sold (Public Records) — Public Records
• 2019-03-19 Sold (Public Records) — Public Records
• 2019-03-12 Sold (MLS) — HARMLS
• 2019-03-02 Pending — HARMLS
• 2019-02-21 Pending — HARMLS
• 2019-02-16 Listed $65,000 HARMLS
• 2010-08-27 Listing Removed — HARMLS
• 2010-01-26 Listed $66,500 HARMLS
• 2007-05-10 Sold (Public Records) — Public Records
• 1999-08-27 Sold (Public Records) — Public Records
• 1999-08-25 Sold (Public Records) $35,000 Public Records
• 1994-08-01 Sold (Public Records) $19,000 Public Records

Property tax history

+12.4%/yr

Latest (2025): $3,101 · -2.1% YoY. Source: county tax records.