4705 Pine St · Pasadena, TX 77586

$214,900

3 bd · 2.0 ba · 1,230 sqft · SingleFamily public records · 12 Days on market

Built 1980 5,998 sqft lot $175/sqft · 5% above area Est $204k · 5% over

---

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 +14.6/30.0
• ARV discount +5.2/15.0
• Schools +4.6/10.0
• DSCR +4.5/10.0
• 1% rule +4.2/10.0
• Rent growth +3.7/5.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This single-story home offers a seamless open-concept design, perfectly integrating the kitchen, dining, and living areas for an airy, connected feel. The kitchen is a standout with its abundant cabinetry, ensuring every tool has its place. Retreat to the oversized primary suite, featuring a private ensuite bath with a versatile tub-and-shower combo. The secondary bedroom is equally generous, served by a well-appointed guest bath with a modern standing shower. The living space extends outdoors to a fully fenced backyard oasis. Whether you’re hosting under the covered patio, utilizing the convenient storage shed, or taking advantage of the rare extra parking space, this home balances c

Key facts

• Open-concept design
• Covered patio
• Storage shed

Tags

• OPEN-CONCEPT DESIGN
• ABUNDANT CABINETRY
• PRIVATE ENSUITE BATH
• FULLY FENCED BACKYARD
• COVERED PATIO
• STORAGE SHED

Property features AI

Finance

• Other: Seller disclosure available
• Financial info: Lease not considered

Exterior

• Parking: Attached 2-car garage; Electric gate
• Utilities: Public water; Public sewer
• Home design: Residential property; One-story; Slab foundation; Composition roof; Built in 1980
• Construction: Brick construction
• Exterior features: Covered patio; Patio; Deck; Private yard; Fenced backyard; Subdivision lot

Interior

• Kitchen: Dishwasher; Gas cooktop; Oven
• Bedrooms: Three bedrooms (all on the first floor)
• Flooring: Carpet; Tile
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (gas); Central electric air conditioning
• Interior features: Window treatments; Window coverings

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-14 ($-166/yr) — negative.
• To cash-flow at today's rent, offer at most $212k (1.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $197k (8.3% below list).
• Recommended offer: $197k (8.3% below list) — sets the bar for 1% rule.
• Cap rate 6.6% vs local median 3.5% in Pasadena — 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 66/100 on livability (#600 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, crime F, amenities F.
• Clear Creek ISD (suburban): math 48% / reading 54% proficiency, ranked #114 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Seabrook Int (math 53% / reading 57%, grade B-, #248 of 1,662 statewide, top 15%, 963 students, 30% FRL); Clear Falls H S (math 49% / reading 64%, grade C, #357 of 1,632 statewide, top 22%, 2,473 students, 0% FRL).
• Market conditions: Rents rising fast (+4.9%/yr); 327 active listings in the ZIP; high-income renter base; 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 $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

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $197,005 (8.3% 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. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
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: 0.92% ✗
• Cap rate: 6.59%
• Cash-on-cash: 1.05%
• DSCR: 1.05
• GRM: 9.1

CMA / ARV

• ARV (median comp): $204,474
• List price: $214,900
• Delta: 5.10%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4705 Pine St	0.00mi	3/2.0	1,230 (0%)	0mo	$214,900	$175	100
4710 Pine St	0.03mi	3/2.0	1,230 (0%)	0mo	$199,900	$163	98
4713 Pine St	0.02mi	3/2.0	1,288 (+5%)	4mo	$205,000	$159	88
4814 Pine St	0.11mi	3/2.0	1,230 (0%)	13mo	$204,900	$167	84
4717 Pine St	0.03mi	3/2.0	1,276 (+4%)	16mo	$220,000	$172	79
4823 Caroline St	0.13mi	3/2.0	1,220 (-1%)	17mo	$175,000	$143	78
4813 Cedar St	0.12mi	3/2.0	1,230 (0%)	21mo	$210,000	$171	77
5003 Elm St	0.30mi	3/2.0	1,213 (-1%)	19mo	$265,000	$218	68
4718 Elm St	0.25mi	3/2.0	1,283 (+4%)	20mo	$219,900	$171	64
5002 Donald St	0.32mi	2/2.0 (-1)	1,248 (+2%)	23mo	$204,990	$164	58
4919 Donald St	0.33mi	3/1.0	1,131 (-8%)	11mo	$180,000	$159	58

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 · 4.86% rent growth · sell at horizon

5-year hold

• IRR: -14.5%
• Equity multiple: 0.47×
• Total profit: $-31,869
• Equity at exit: $32,042

10-year hold

• IRR: -2.9%
• Equity multiple: 0.79×
• Total profit: $-12,548
• Equity at exit: $18,581

Cash invested: $60,172 (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 77586

• Rents YoY: 4.9%
• Active inventory: 327
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,970 medium
• Mortgage (P&I): −$1,127
• Tax from tax record: −$287 /mo · $3,447/yr
• Insurance: −$90
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$414
• Net cashflow: $-14

Break-even live

Break-even rent $1,988

Max offer price $212,452

Occupancy floor 96%

Sensitivity live

Price	-10% $108	-5% $47	+0% $-14	+5% $-75	+10% $-136
Rent	-10% $-169	-5% $-92	+0% $-14	+5% $64	+10% $142
Rate	-1.0pp $94	-0.5pp $41	base $-14	+0.5pp $-70	+1.0pp $-126

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Listing history 5 events

1. 2026-05-13
   status Pending 814-char remark
2. 2026-05-05
   status Pending 814-char remark
3. 2026-04-30
   listed $214,900 Active 814-char remark
4. 2026-04-07
   soldstatus
5. 1998-08-13
   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: $3,447 · $287/mo
• Projected year-2 tax: $3,933 · $328/mo
• Expected delta: +$486/yr (+$40/mo · 14.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 76% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,641
• − Mortgage interest: −$12,038
• − Property taxes: −$3,447
• − Insurance: −$1,872
• − Repairs & maintenance: −$1,891
• − Management: −$1,891
• − Depreciation: −$6,252
• Taxable loss: −$3,750
• Est. tax savings @ 24.0%: +$900
• After-tax cash flow: $734/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: Clear Creek ISD
• NCES district ID: 4814280
• Math proficiency: 48% ▼ -10.00%
• Reading proficiency: 54% ▼ -4.00%
• Median HH income: $80,240
• Composite: 46.49/100
• National rank: #2431
• State rank: #114 of 826 in TX

Livability — Pasadena

• Score: 66/100
• State rank: #600
• US rank: #11438

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pasadena, TX
• County: Harris County · 4,702,590 people
• City population: 109,190
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 23,807
• Household income: $114,057
• Rent vs Own: 25.7% rent · 74.3% own
• Severe rent burden: 616.0

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 White (69%)
• Race & ethnicity: White 69% Hispanic / Latino 19% Two or more races 10% Asian 5% Black 3%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Lithuanian 5% Italian 4% Romanian 2%
• Foreign-born: 10% · Canada, China, Vietnam
• Languages at home: 83% English-only · Spanish 12% Tagalog/Filipino 1% 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: ▼ -130.37%
• Current HPI: 228.2611
• Rent YoY: ▲ 4.86%
• 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

6 events — show timeline

• 2026-06-10 Sold (MLS) — HARMLS
• 2026-05-13 Pending — HARMLS
• 2026-05-05 Pending — HARMLS
• 2026-04-30 Listed $214,900 HARMLS
• 2026-04-07 Sold (Public Records) — Public Records
• 1998-08-13 Sold (Public Records) — Public Records

Property tax history

+7.2%/yr

Latest (2025): $3,447 · -5.0% YoY. Source: county tax records.