7609 Saint Lo Rd · Houston, TX 77033

$185,000

3 bd · 2.0 ba · 1,101 sqft · SingleFamily public records · 91 Days on market

Built 1950 8,938 sqft lot $168/sqft · 25% above area Est $181k · at est.

---

Why this score? — see what drove the D 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 +15.1/30.0
• ARV discount +6.5/15.0
• 1% rule +5.1/10.0
• DSCR +4.6/10.0
• 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

Listing remarks MLS

Location, Location, Location! This beautifully remodeled 3-bedroom, 2-bath home is just minutes from schools, Downtown, the Medical Center, major highways, shopping, and NRG Stadium. Featuring new flooring, updated electrical, a new furnace and HVAC, modern bathrooms, new cabinets, and fresh interior and exterior paint, this home is completely turnkey. Enjoy a spacious layout and a huge backyard with no back neighbors—perfect for relaxing or entertaining. Don’t miss this incredible opportunity!

Key facts

• Remodeled
• Updated electrical
• New furnace

Tags

• REMODELED
• NEW FLOORING
• UPDATED ELECTRICAL
• NEW FURNACE
• NEW CABINETS
• HUGE BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $62 ($743/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $185k).
• Recommended offer: $168k (9.0% below list) — sets the bar for market timing.
• Cap rate 6.7% 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); 345 active listings in the ZIP; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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).
• At $1,870/mo this rent would consume 59% of the median local household income ($38k/yr) (locally 1728% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 91 days — a 9% lower offer ($168k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 3y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1950 — 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.

Recommended offer $168,350 (9.0% below list)

Questions for the listing agent

1. It's been on market 91 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 1950 — 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. 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: 1.01% ✓
• Cap rate: 6.69%
• Cash-on-cash: 1.43%
• DSCR: 1.06
• GRM: 8.2

CMA / ARV

• ARV (median comp): $181,148
• List price: $185,000
• Delta: 2.13%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7713 St Lo Rd	0.10mi	3/2.0	1,151 (+4%)	4mo	$199,900	$174	85
5318 Longmeadow St	0.15mi	3/1.0	1,138 (+3%)	3mo	$125,000	$110	81
5007 Northridge Dr	0.55mi	3/1.0	1,069 (-3%)	2mo	$163,900	$153	64
7330 Hurtgen Forest Rd	0.59mi	3/2.0	1,154 (+5%)	3mo	$154,900	$134	62
5951 Willow Glen Dr	0.59mi	2/1.0 (-1)	1,112 (+1%)	1mo	$105,000	$94	61
5831 Lyndhurst Dr	0.50mi	3/1.0	1,212 (+10%)	2mo	$105,000	$87	54
7338 Hurtgen Forest Rd	0.59mi	3/2.0	1,230 (+12%)	2mo	$220,000	$179	52
5934 Longmeadow St	0.52mi	2/1.0 (-1)	1,017 (-8%)	3mo	$104,900	$103	52
7314 Forrestal St	0.69mi	3/1.0	1,020 (-7%)	0mo	$105,000	$103	51
5810 Southgood St	0.53mi	3/1.0	1,223 (+11%)	4mo	$116,000	$95	50
5233 Dieppe St	0.58mi	3/1.0	1,237 (+12%)	3mo	$35,000	$28	46
8126 Marcy Dr	0.69mi	4/2.0 (+1)	1,240 (+13%)	1mo	$195,000	$157	41

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

5-year hold

• IRR: -11.0%
• Equity multiple: 0.59×
• Total profit: $-21,199
• Equity at exit: $27,584

10-year hold

• IRR: 1.8%
• Equity multiple: 1.14×
• Total profit: $7,450
• Equity at exit: $15,995

Cash invested: $51,800 (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 77033

• Home prices YoY: -16.3%
• Rents YoY: 5.5%
• Active inventory: 345
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,870 high
• Mortgage (P&I): −$970
• Tax from tax record: −$368 /mo · $4,416/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $62

Break-even live

Break-even rent $1,791

Max offer price $185,000

Occupancy floor 92%

Sensitivity live

Price	-10% $167	-5% $114	+0% $62	+5% $10	+10% $-43
Rent	-10% $-86	-5% $-12	+0% $62	+5% $136	+10% $210
Rate	-1.0pp $155	-0.5pp $109	base $62	+0.5pp $14	+1.0pp $-35

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 33 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5314 Northridge Dr Unit A Houston, TX	3.0	2.0	872	$1,185	$1.36	45d	1	0.34mi
5818 Glenhurst Dr Houston, TX	3.0	2.0	1441	$1,750	$1.21	0d	1	0.35mi
5222 Northridge Dr Houston, TX	4.0	2.0	1300	$1,850	$1.42	25d	1	0.40mi
5623 Bellfort St Houston, TX	4.0	1.0	1320	$1,700	$1.29	16d	1	0.44mi
7918 Jutland Rd Houston, TX	3.0	1.0	996	$1,295	$1.30	45d	1	0.55mi
5942 Ridgeway Dr Houston, TX	4.0	2.0	1490	$2,250	$1.51	45d	1	0.60mi
5954 Doolittle Blvd Houston, TX	3.0	2.0	1371	$1,575	$1.15	45d	1	0.62mi
5767 Belcrest St Houston, TX	4.0	2.0	1480	$1,790	$1.21	45d	1	0.64mi
4942 Bataan Rd Unit 77033 Houston, TX	4.0	2.0	1350	$1,800	$1.33	45d	1	0.75mi
5537 Bataan Rd Houston, TX	2.0	1.0	880	$1,300	$1.48	45d	1	0.85mi
5407 Thrush Dr Houston, TX	4.0	1.0	1407	$1,495	$1.06	15d	1	0.92mi
7818 Calhoun Rd Unit 8 Houston, TX	2.0	1.0	800	$1,200	$1.50	45d	1	0.94mi
8107 Calhoun Rd Houston, TX	3.0	2.5	1304	$2,250	$1.73	25d	1	0.95mi
5036 Mallow St Houston, TX	3.0	3.0	1472	$2,050	$1.39	45d	1	1.03mi
5835 Southmont St Houston, TX	3.0	2.0	1200	$1,700	$1.42	45d	1	1.03mi
4615 Redbud St Unit b Houston, TX	3.0	2.0	872	$1,149	$1.32	25d	1	1.04mi
4609 Bricker St Unit B Houston, TX	3.0	2.5	1300	$3,500	$2.69	14d	1	1.06mi
4609 Bricker St Unit ABC Houston, TX	3.0	2.5	1375	$3,500	$2.55	12d	1	1.06mi
4609 Bricker St Unit C Houston, TX	2.0	1.5	1100	$3,200	$2.91	14d	1	1.06mi
4530 Mayflower St Houston, TX	3.0	2.0	1302	$1,800	$1.38	45d	1	1.12mi
8521 Dosia St Houston, TX	3.0	2.0	1028	$1,665	$1.62	14d	1	1.19mi
6928 Paris St Houston, TX	3.0	2.0	1276	$1,900	$1.49	0d	1	1.24mi
6926 Paris St Houston, TX	3.0	2.0	1276	$1,900	$1.49	0d	1	1.24mi
4723 Mallow St Houston, TX	3.0	2.5	1472	$1,850	$1.26	6d	1	1.27mi
4526 Knoxville St Unit A Houston, TX	3.0	2.5	1474	$1,775	$1.20	16d	1	1.32mi
6532 Weston St Unit A Houston, TX	3.0	3.0	1484	$2,200	$1.48	19d	1	1.33mi
6528 Weston St Unit A Houston, TX	3.0	3.0	1484	$2,200	$1.48	45d	1	1.34mi
6528 Weston St Unit A Houston, TX	3.0	3.0	1484	$2,200	$1.48	0d	1	1.34mi
4918 Wilmington St Unit A Houston, TX	3.0	3.0	1300	$2,100	$1.62	45d	1	1.36mi
9509 Merle St Unit 9509A Houston, TX	4.0	2.5	1404	$1,500	$1.07	45d	1	1.37mi
4410 Bellfort Ave Unit 4404 8 Houston, TX	2.0	1.0	812	$999	$1.23	9d	1	1.37mi
4810 Wilmington St Unit A Houston, TX	3.0	2.0	1165	$1,650	$1.42	45d	1	1.43mi
5123 Dewberry St Houston, TX	4.0	2.0	1391	$2,400	$1.73	45d	1	1.44mi

Listing history 25 events

1. 2026-04-27
   price $185,000 513-char remark

   Show marketing remark (513 chars)

   Location, Location, Location! This beautifully remodeled 3-bedroom, 2-bath home is just minutes from schools, Downtown, the Medical Center, major highways, shopping, and NRG Stadium. Featuring new flooring, updated electrical, a new furnace and HVAC, modern bathrooms, new cabinets, and fresh interior and exterior paint, this home is completely turnkey. Enjoy a spacious layout and a huge backyard with no back neighbors—perfect for relaxing or entertaining. Don’t miss this incredible opportunity!

2. 2026-04-05
   price $1,650
3. 2026-03-31
   price $1,700
4. 2026-03-30
   price $190,000 513-char remark

   Show marketing remark (513 chars)

   Location, Location, Location! This beautifully remodeled 3-bedroom, 2-bath home is just minutes from schools, Downtown, the Medical Center, major highways, shopping, and NRG Stadium. Featuring new flooring, updated electrical, a new furnace and HVAC, modern bathrooms, new cabinets, and fresh interior and exterior paint, this home is completely turnkey. Enjoy a spacious layout and a huge backyard with no back neighbors—perfect for relaxing or entertaining. Don’t miss this incredible opportunity!

5. 2026-02-24
   price $1,750
6. 2026-02-23
   listed $195,000 Active 513-char remark

   Show marketing remark (513 chars)

   Location, Location, Location! This beautifully remodeled 3-bedroom, 2-bath home is just minutes from schools, Downtown, the Medical Center, major highways, shopping, and NRG Stadium. Featuring new flooring, updated electrical, a new furnace and HVAC, modern bathrooms, new cabinets, and fresh interior and exterior paint, this home is completely turnkey. Enjoy a spacious layout and a huge backyard with no back neighbors—perfect for relaxing or entertaining. Don’t miss this incredible opportunity!

7. 2025-12-10
   listed $1,800
8. 2024-09-10
   historical $1,750
9. 2024-08-04
   listed $1,750
10. 2024-07-29
    soldstatus
11. 2024-07-26
    soldstatus Sold 579-char remark

    Show marketing remark (579 chars)

    Immerse yourself in the ultimate homeownership experience with this stunning 3/2 home, meticulously remodeled to perfection. The new flooring, updated electrical systems, and new furnace and HVAC updates provide a modern touch, while the stylish interior design offers a feeling of luxury. With modern bathroom improvements, new cabinets, and fresh paint inside and out, this property is truly turnkey. Located just minutes from the medical center, major highways, and Downtown, this is a dream home waiting for its new owner. Don't delay - seize this incredible opportunity now!

12. 2024-06-27
    status Pending 579-char remark

    Show marketing remark (579 chars)

    Immerse yourself in the ultimate homeownership experience with this stunning 3/2 home, meticulously remodeled to perfection. The new flooring, updated electrical systems, and new furnace and HVAC updates provide a modern touch, while the stylish interior design offers a feeling of luxury. With modern bathroom improvements, new cabinets, and fresh paint inside and out, this property is truly turnkey. Located just minutes from the medical center, major highways, and Downtown, this is a dream home waiting for its new owner. Don't delay - seize this incredible opportunity now!

13. 2024-05-13
    price $185,000 579-char remark

    Show marketing remark (579 chars)

    Immerse yourself in the ultimate homeownership experience with this stunning 3/2 home, meticulously remodeled to perfection. The new flooring, updated electrical systems, and new furnace and HVAC updates provide a modern touch, while the stylish interior design offers a feeling of luxury. With modern bathroom improvements, new cabinets, and fresh paint inside and out, this property is truly turnkey. Located just minutes from the medical center, major highways, and Downtown, this is a dream home waiting for its new owner. Don't delay - seize this incredible opportunity now!

14. 2024-05-07
    price $187,000 579-char remark

    Show marketing remark (579 chars)

    Immerse yourself in the ultimate homeownership experience with this stunning 3/2 home, meticulously remodeled to perfection. The new flooring, updated electrical systems, and new furnace and HVAC updates provide a modern touch, while the stylish interior design offers a feeling of luxury. With modern bathroom improvements, new cabinets, and fresh paint inside and out, this property is truly turnkey. Located just minutes from the medical center, major highways, and Downtown, this is a dream home waiting for its new owner. Don't delay - seize this incredible opportunity now!

15. 2024-04-06
    listed $189,000 Active 579-char remark

    Show marketing remark (579 chars)

    Immerse yourself in the ultimate homeownership experience with this stunning 3/2 home, meticulously remodeled to perfection. The new flooring, updated electrical systems, and new furnace and HVAC updates provide a modern touch, while the stylish interior design offers a feeling of luxury. With modern bathroom improvements, new cabinets, and fresh paint inside and out, this property is truly turnkey. Located just minutes from the medical center, major highways, and Downtown, this is a dream home waiting for its new owner. Don't delay - seize this incredible opportunity now!

16. 2024-04-01
    historical
17. 2024-03-26
    price $192,000
18. 2024-03-12
    price $195,000
19. 2024-03-07
    price $197,000
20. 2024-02-24
    listed $199,000 Active
21. 2024-01-10
    soldstatus
22. 2024-01-09
    soldstatus Sold
23. 2024-01-04
    status Pending
24. 2023-10-25
    listed $130,000 Active
25. 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: $4,416 · $368/mo
• Projected year-2 tax: $4,416 · $368/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

Taxation est. · year 1

• Rental income: $22,438
• − Mortgage interest: −$10,363
• − Property taxes: −$4,416
• − Insurance: −$925
• − Repairs & maintenance: −$1,795
• − Management: −$1,795
• − Depreciation: −$5,382
• Taxable loss: −$2,238
• Est. tax savings @ 24.0%: +$537
• After-tax cash flow: $1,280/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): 29,154
• Household income: $38,071
• Rent vs Own: 41.0% rent · 59.0% 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+42.3% since first listed

25 events — show timeline

• 2026-04-27 Price Changed $185,000 HARMLS
• 2026-04-05 Price Changed $1,650 HARMLS
• 2026-03-31 Price Changed $1,700 HARMLS
• 2026-03-30 Price Changed $190,000 HARMLS
• 2026-02-24 Price Changed $1,750 HARMLS
• 2026-02-23 Listed $195,000 HARMLS
• 2025-12-10 Listed for Rent $1,800 HARMLS
• 2024-09-10 Rental Removed $1,750 HARMLS
• 2024-08-04 Listed for Rent $1,750 HARMLS
• 2024-07-29 Sold (Public Records) — Public Records
• 2024-07-26 Sold (MLS) — HARMLS
• 2024-06-27 Pending — HARMLS
• 2024-05-13 Price Changed $185,000 HARMLS
• 2024-05-07 Price Changed $187,000 HARMLS
• 2024-04-06 Listed $189,000 HARMLS
• 2024-04-01 Listing Removed — HARMLS
• 2024-03-26 Price Changed $192,000 HARMLS
• 2024-03-12 Price Changed $195,000 HARMLS
• 2024-03-07 Price Changed $197,000 HARMLS
• 2024-02-24 Listed $199,000 HARMLS
• 2024-01-10 Sold (Public Records) — Public Records
• 2024-01-09 Sold (MLS) — HARMLS
• 2024-01-04 Pending — HARMLS
• 2023-10-25 Listed $130,000 HARMLS
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+7.5%/yr

Latest (2025): $4,416 · +183.1% YoY. Source: county tax records.