6200 W West Tidwell Rd Rd W #606 · Houston, TX 77092

$1,150

3 bd · 2.0 ba · 1,373 sqft · Condo public records · 1 Days on market

Built 1974

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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 +15.0/30.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.9/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3 bed 2 bath 1 story condo ready your imagination! NEW PAINT, NEW CARPET, NEW BATHROOM! Ready for move-in immediately! Very desirable location, close to everything! Don't miss out on this opportunity! Priced for a quick sale!

Key facts

• Wood look tile
• Major freeways
• Close to shopping

Tags

• WOOD LOOK TILE
• OPEN CONCEPT LIVING AREA
• CLOSE TO SHOPPING
• MAJOR FREEWAYS

Property features AI

Finance

• HOA & community: Association: ASBURY PARK CONDOS; Lease considered

Exterior

• Parking: Detached garage
• Utilities: Public water; Public sewer
• Home design: Residential property; Two-story building; Built in 1974; Slab foundation
• Construction: Brick and vinyl siding construction
• Exterior features: Composition roof

Interior

• Kitchen: Dishwasher; Electric oven; Garbage disposal; Refrigerator
• Bedrooms: Three bedrooms on the first floor (approx. 12 x 10, 12 x 10, and 12 x 12 for the primary)
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Central electric heating; Central air conditioning (electric)
• Interior features: Kitchen and family room combined; Ceiling fans

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath condo listed at $1k.

Deal economics

• At list price, monthly cash flow is $631 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $1k).
• Cap rate 664.9% 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.
• 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.
• Market conditions: Rents soft (-2.4%/yr); 191 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $8 of loan paydown is wiped out by about $34 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 + 0.0% rent growth), your $322 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 5y 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.

Risks & watch-outs

• Watch-outs: HOA is 33% of rent.
• Climate carrying-cost: moderate flood risk; 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 $1,150

Questions for the listing agent

1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 120.76% ✓
• Cap rate: 664.91%
• Cash-on-cash: 2352.20%
• DSCR: 105.66
• GRM: 0.1

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 113.56×
• Total profit: $36,246
• Equity at exit: $171

10-year hold

• IRR: —
• Equity multiple: 214.74×
• Total profit: $68,826
• Equity at exit: $99

Cash invested: $322 (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 77092

• Home prices YoY: -21.9%
• Rents YoY: -2.4%
• Active inventory: 191
• Price-to-rent: 0.1×

Monthly cashflow live

• Estimated rent: $1,389 high
• Mortgage (P&I): −$6
• Tax est. 1.5%: −$1 /mo · $17/yr
• Insurance: −$0
• HOA est. from 5 same-building comps: −$458
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $631

Break-even live

Break-even rent $590

Max offer price $1,150

Occupancy floor 50%

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: $288
• Closing costs: $34
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6200 W Tidwell Rd Houston, TX	2.0–3.0	1.0–2.0	1101	$1,300	$1.18	2d	11	0.05mi
6150 W Tidwell Rd Unit 424 Houston, TX	2.0	2.0	995	$1,389	$1.40	7d	1	0.17mi
6150 W Tidwell Rd Unit 6187 Houston, TX	2.0	2.0	995	$1,381	$1.39	2d	1	0.17mi
6150 W Tidwell Rd Unit 6207 Houston, TX	2.0	2.0	995	$1,239	$1.25	15d	1	0.17mi
5853 Village Forest Ct Houston, TX	3.0	2.0	1142	$1,600	$1.40	43d	1	0.42mi
5801 N Houston Rosslyn Rd Houston, TX	1.0–2.0	1.0–2.0	739	$1,060	$1.43	43d	18	0.43mi
5625 Antoine Dr Houston, TX	1.0–2.0	1.0–2.0	1052	$900	$0.86	1d	7	0.48mi
5625 Antoine Dr Houston, TX	1.0–2.0	1.0–2.5	888	$900	$1.01	24d	12	0.48mi
6101 Antoine Dr Houston, TX	2.0	1.0–2.0	700	$1,295	$1.85	43d	1	0.54mi
5550 Bingle Rd Unit 2228 Houston, TX	2.0	2.0	1190	$1,379	$1.16	2d	1	0.58mi
5550 Bingle Rd Unit 2112 Houston, TX	2.0	2.0	1190	$1,347	$1.13	2d	1	0.58mi
5550 Bingle Rd Unit 5607 Houston, TX	2.0	2.0	1190	$1,379	$1.16	10d	1	0.58mi
5550 Bingle Rd Apt 422 Houston, TX	2.0	2.0	1190	$1,355	$1.14	7d	1	0.58mi
5550 Bingle Rd Unit 2162 Houston, TX	2.0	2.0	1190	$1,355	$1.14	5d	1	0.58mi
6107 Antoine Dr Houston, TX	2.0	2.0	1000	$1,200	$1.20	43d	1	0.59mi
6230 Rena St Unit 1316407P Houston, TX	4.0	2.0	1765	$6,957	$3.94	3d	1	0.61mi
6240 Antoine Dr Unit 2047 Houston, TX	2.0	2.0	890	$981	$1.10	2d	1	0.62mi
5550 Bingle Rd Houston, TX	2.0	2.0	1190	$1,580	$1.33	19d	1	0.63mi
5550 Bingle Rd Unit 2047 Houston, TX	2.0	2.0	1190	$1,390	$1.17	11d	1	0.64mi
5555 Antoine Dr Apt 502 Houston, TX	2.0	1.0	917	$781	$0.85	7d	1	0.64mi
5555 Antoine Dr Apt 309 Houston, TX	2.0	1.0	917	$822	$0.90	7d	1	0.64mi
5555 Antoine Dr Apt 401 Houston, TX	2.0	2.0	1027	$912	$0.89	7d	1	0.64mi
5555 Antoine Dr Unit 0102 Houston, TX	2.0	1.0	917	$755	$0.82	24d	1	0.64mi
5555 Antoine Dr Unit 0804 Houston, TX	3.0	2.0	1179	$1,008	$0.85	1d	1	0.64mi
5950 Antoine Dr Houston, TX	1.0–2.0	1.0–2.0	795	$1,347	$1.69	22d	1	0.68mi
6240 Antoine Dr Unit 6273 Houston, TX	3.0	2.0	1484	$1,432	$0.96	2d	1	0.68mi
6240 Antoine Dr Unit 422 Houston, TX	2.0	2.0	890	$989	$1.11	7d	1	0.68mi
5555 Antoine Dr Unit 0903 Houston, TX	2.0	1.0	917	$795	$0.87	43d	1	0.70mi
5555 Antoine Dr Unit 0816 Houston, TX	3.0	2.0	1179	$1,260	$1.07	1d	1	0.70mi
5555 Antoine Dr Unit 1012 Houston, TX	2.0	2.0	1027	$859	$0.84	7d	1	0.70mi
5555 Antoine Dr Unit 0508 Houston, TX	2.0	1.0	917	$777	$0.85	1d	1	0.70mi
5555 Antoine Dr Unit 0614 Houston, TX	3.0	2.0	1179	$985	$0.84	43d	1	0.70mi
5555 Antoine Dr Unit 0405 Houston, TX	2.0	2.0	1027	$880	$0.86	7d	1	0.70mi
5555 Antoine Dr Unit 0217 Houston, TX	2.0	2.0	1027	$880	$0.86	43d	1	0.70mi
6318 Leaf Arbor Dr Houston, TX	3.0	2.0	1478	$2,250	$1.52	43d	1	0.73mi
5500 Antoine Dr Unit 144 Houston, TX	2.0	1.0	896	$940	$1.05	43d	1	0.74mi
5500 Antoine Dr Unit 232 Houston, TX	2.0	2.0	1020	$970	$0.95	43d	1	0.74mi
5500 Antoine Dr Apt 222 Houston, TX	2.0	2.0	1152	$1,050	$0.91	43d	1	0.74mi
5359 Deep Forest Dr Houston, TX	3.0	2.0	1227	$1,409	$1.15	24d	1	0.75mi
5310 Lost Forest Dr Houston, TX	1.0–2.0	1.0–2.0	808	$1,147	$1.42	12d	7	0.77mi

HOA detail condo

• Monthly dues: $0 · $0/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 2 events

1. 2026-06-09
   remarks 388-char remark
2. 2026-06-09
   listed $1,150 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 51% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 25 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 · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,665
• − Mortgage interest: −$64
• − Property taxes: −$17
• − Insurance: −$6
• − Repairs & maintenance: −$1,333
• − Management: −$1,333
• − HOA: −$5,496
• − Depreciation: −$33
• Taxable income: $8,382
• Est. tax owed @ 24.0%: −$2,012
• After-tax cash flow: $5,562/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

• 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): 36,938
• Household income: $58,728
• Rent vs Own: 59.4% rent · 40.6% own
• Severe rent burden: 1979.0

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 0.56)
• Race & ethnicity: Hispanic / Latino 60% White 25% Two or more races 22% Black 11% Native American 3% Asian 2%
• Hispanic origin (detail): Mexican 45%
• Common ancestry: Lithuanian 1% Romanian 1% Italian 1%
• Foreign-born: 30% · Canada
• Languages at home: 47% English-only · Spanish 50% Other Indo-European 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: ▼ -84.24%
• Current HPI: 300.5572
• Rent YoY: ▼ -2.36%
• 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

-98.4% since first listed

14 events — show timeline

• 2026-06-08 Listed $1,150 HARMLS
• 2026-02-13 Rental Removed $1,100 HARMLS
• 2025-12-19 Listed for Rent $1,200 HARMLS
• 2025-12-18 Listing Removed — HARMLS
• 2025-12-18 Listed $1,200 HARMLS
• 2024-09-04 Sold (Public Records) — Public Records
• 2021-12-28 Sold (Public Records) — Public Records
• 2021-12-27 Sold (Public Records) — Public Records
• 2021-12-17 Sold (MLS) — HARMLS
• 2021-12-17 Pending — HARMLS
• 2021-12-14 Pending — HARMLS
• 2021-12-03 Listed $72,000 HARMLS
• 2014-06-30 Sold (Public Records) — Public Records
• 2011-01-06 Sold (Public Records) — Public Records

Property tax history

+10.7%/yr

Latest (2025): $1,730 · -17.1% YoY. Source: county tax records.