1420 Wilson St · Houston, TX 77019

$499,990

4 bd · 3.5 ba · 2,789 sqft · SingleFamily public records · 18 Days on market

Built 2013 1,807 sqft lot $179/sqft · 14% below area Est $583k · 14% under

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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 +18.2/30.0
• ARV discount +13.9/15.0
• DSCR +5.7/10.0
• 1% rule +5.5/10.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks

PRICE IMPROVEMENT! Discover the perfect blend of style, space, and location at 1420 Wilson Street in Houston's historic Fourth Ward. This move-in-ready 3-story home offers 4 bedrooms, 3.5 baths, and 2,789 sqft of thoughtfully designed living space. Rich hardwood floors, tile accents, and an open-concept layout create a warm and inviting atmosphere. The spacious primary suite is conveniently located on the second floor and features a spa-inspired bath with a separate tub, walk-in shower, and generous closet space. Whether you're entertaining friends or enjoying a quiet evening at home, this floorplan delivers. Just minutes from Downtown Houston, Buffalo Bayou Park, Discovery Green, restauran

Key facts

• Move-in-ready
• Spa-inspired bath
• Historic fourth ward

Tags

• HISTORIC FOURTH WARD
• MOVE-IN-READY
• SPA-INSPIRED BATH
• OPEN-CONCEPT LAYOUT
• MINUTES FROM DOWNTOWN HOUSTON

Property features AI

Finance

• HOA & community: Community has controlled access; Curbs in the community

Exterior

• Parking: Attached garage with 2 spaces; Garage door opener
• Security: Prewired for security; Security system owned; Controlled access; Smoke detectors
• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 2013; Slab foundation; Composition roof; Living area approximately 2,789
• Construction: Brick, cement siding, and stucco exterior
• Exterior features: Balcony; Back yard fence; Subdivision lot features; Asphalt and concrete road surfaces

Interior

• Kitchen: Dishwasher; Electric oven; Gas cooktop; Microwave; Conventional oven; Disposal; Refrigerator; Wine refrigerator; ENERGY STAR qualified appliances
• Bedrooms: Primary bedroom on second level (approx. 15 x 15); Bedroom on third level (approx. 12 x 10); Bedroom on first level (approx. 12 x 11); Bedroom on first level (approx. 13 x 11)
• Flooring: Carpet; Tile; Wood
• Bathrooms: 3 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric and gas); Central air conditioning (electric); Zoned cooling
• Interior features: Crown molding; High ceilings; Kitchen and family room combo; Kitchen and dining combo; Tub with shower; Window treatments/window coverings; Ceiling fans; Programmable thermostat; Gas log fireplace (1)
• Laundry & utility: Washer; Dryer; Washer hookup; Electric dryer hookup; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/3.5-bath single-family listed at $500k.

Deal economics

• At list price, monthly cash flow is $450 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $500k).
• Recommended offer: $492k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.4% 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: 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.
• Zoned schools: Gregory-Lincoln Ed Ctr (math 14% / reading 30%, grade F, #3,333 of 4,322 statewide, top 80%, 600 students, 93% FRL); Heights H S (math 27% / reading 57%, grade F, #730 of 1,632 statewide, top 47%, 2,476 students, 65% FRL).
• Market conditions: Rents soft (-0.9%/yr); 256 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• At $5,248/mo this rent would consume 54% of the median local household income ($116k/yr) (locally 1844% 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 $3k of loan paydown is wiped out by about $15k 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 18 days — a 2% lower offer ($492k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 13y 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

• 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 $492,490 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 1.05% ✓
• Cap rate: 7.37%
• Cash-on-cash: 3.86%
• DSCR: 1.17
• GRM: 7.9

CMA / ARV

• ARV (median comp): $583,469
• List price: $499,990
• Delta: -11.73%
• 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
628 Bomar St	0.49mi	3/3.5 (-1)	2,873 (+3%)	1mo	$525,000	$183	67
2716 Baldwin St	0.46mi	3/3.5 (-1)	2,955 (+6%)	0mo	$645,000	$218	64
602 W Clay St	0.41mi	4/3.5	3,100 (+11%)	0mo	$989,900	$319	62
2624 Helena St	0.40mi	3/3.5 (-1)	2,542 (-9%)	3mo	$485,900	$191	59
415 W Drew St	0.51mi	4/3.5	3,051 (+9%)	2mo	$1,019,900	$334	59
411 W Drew St	0.50mi	4/3.5	3,051 (+9%)	3mo	$989,900	$324	58
1110 Peden St Unit C	0.71mi	3/3.5 (-1)	2,862 (+3%)	1mo	$859,900	$300	57
2006 N Memorial Way	0.67mi	3/3.5 (-1)	2,883 (+3%)	2mo	$850,000	$295	56
2310 Converse St	0.70mi	4/3.5	2,948 (+6%)	4mo	$699,000	$237	55
1306 Crocker St	0.51mi	3/3.5 (-1)	3,138 (+12%)	1mo	$1,489,900	$475	50
520 Peden St	0.42mi	3/2.5 (-1)	2,379 (-15%)	3mo	$690,000	$290	45
610 Willard St	0.49mi	3/2.5 (-1)	2,370 (-15%)	1mo	$799,900	$338	42

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -13.9%
• Equity multiple: 0.52×
• Total profit: $-67,493
• Equity at exit: $74,550

10-year hold

• IRR: -11.1%
• Equity multiple: 0.43×
• Total profit: $-80,361
• Equity at exit: $43,230

Cash invested: $139,997 (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 77019

• Rents YoY: -0.9%
• Active inventory: 256
• Price-to-rent: 7.9×

Monthly cashflow live

• Estimated rent: $5,248 high
• Mortgage (P&I): −$2,622
• Tax from tax record: −$866 /mo · $10,387/yr
• Insurance: −$208
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,102
• Net cashflow: $450

Break-even live

Break-even rent $4,678

Max offer price $499,990

Occupancy floor 86%

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: $124,998
• Closing costs: $15,000
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
328 Bomar St Houston, TX	3.0	3.5	2688	$5,300	$1.97	21d	1	0.38mi
710 Stanford St Houston, TX	3.0	4.0	2438	$3,490	$1.43	43d	1	0.57mi
414 Hyde Park Blvd Houston, TX	3.0	3.5	2300	$5,400	$2.35	5d	1	0.62mi
1118 Columbus St Unit A Houston, TX	3.0	3.5	2338	$3,000	$1.28	43d	1	0.64mi
1211 Marconi St Houston, TX	4.0	3.5	3020	$4,500	$1.49	43d	1	0.71mi
420 Hawthorne St Houston, TX	4.0	2.0	2230	$3,373	$1.51	43d	1	0.88mi
1326 Fairview Ave Houston, TX	3.0	3.0	2176	$3,250	$1.49	43d	1	0.96mi
3300 Main St Unit 3165 Houston, TX	3.0	2.0	2861	$7,461	$2.61	2d	1	0.98mi
3300 Main St Unit 3333 Houston, TX	3.0	2.0	2861	$7,493	$2.62	10d	1	0.98mi
2416 La Branch St Houston, TX	3.0	4.0	2540	$2,900	$1.14	43d	1	1.05mi
2205 Commonwealth St Houston, TX	4.0	4.0	2513	$3,300	$1.31	43d	1	1.05mi
2721 Austin St Houston, TX	3.0	4.0	2607	$3,000	$1.15	24d	1	1.07mi
3411 Yoakum Blvd Unit 510 Houston, TX	3.0	2.0	3110	$12,304	$3.96	10d	1	1.14mi
3411 Yoakum Blvd Unit 3165 Houston, TX	3.0	2.0	3110	$12,272	$3.95	2d	1	1.14mi
414 Milam St Unit 447 Houston, TX	3.0	2.0	2421	$8,991	$3.71	10d	1	1.16mi
414 Milam St Unit 3165 Houston, TX	3.0	2.0	2421	$8,959	$3.70	2d	1	1.16mi
414 Milam St Unit 510 Houston, TX	3.0	2.0	2421	$9,230	$3.81	13d	1	1.16mi
414 Milam St Unit 447 Houston, TX	3.0	2.0	2421	$8,973	$3.71	43d	1	1.16mi
915 Texas Ave Unit 420 Houston, TX	3.0	2.0	2366	$4,655	$1.97	43d	1	1.18mi
915 Texas Ave Unit 420 Houston, TX	3.0	2.0	2366	$4,655	$1.97	18d	1	1.18mi
3010 Chenevert St Unit 3010 Houston, TX	3.0	3.5	3203	$8,000	$2.50	43d	1	1.31mi
3010 Chenevert St Unit 1019638P Houston, TX	3.0	3.5	3196	$7,988	$2.50	7d	1	1.31mi
2018 Crockett St Unit 2018 Houston, TX	3.0	3.5	2514	$8,000	$3.18	43d	1	1.31mi
2018 Crockett St Unit 1029793P Houston, TX	3.0	3.5	2507	$6,482	$2.59	5d	1	1.31mi
808 Crawford St Houston, TX	1.0–3.0	1.0–3.5	1740	$12,645	$7.27	1d	30	1.31mi
4001 Fannin St Houston, TX	3.0	1.0–3.0	1536	$3,158	$2.06	3d	16	1.32mi
1475 Texas St Houston, TX	3.0	1.0–2.0	1304	$6,350	$4.87	43d	28	1.37mi
2326 St Emanuel St Houston, TX	3.0	3.5	2642	$2,601	$0.98	7d	1	1.41mi
2521 Saint Emanuel St Unit 1047945P Houston, TX	3.0	3.0	2292	$3,010	$1.31	2d	1	1.45mi
2519 Saint Emanuel St Unit 1241246P Houston, TX	3.0	3.0	2389	$2,670	$1.12	1d	1	1.45mi
811 Buffalo Park Dr Unit 3187 Houston, TX	3.0	2.0	3632	$15,392	$4.24	2d	1	1.46mi
811 Buffalo Park Dr Unit 510 Houston, TX	3.0	2.0	3632	$15,424	$4.25	10d	1	1.46mi
811 Buffalo Park Dr Unit 844 Houston, TX	3.0	2.0	3632	$14,913	$4.11	13d	1	1.46mi
2103 McGowen St Unit 1244937P Houston, TX	3.0	3.5	2292	$4,758	$2.08	1d	1	1.46mi
2107 McGowen St Unit 1244935P Houston, TX	3.0	3.5	2497	$4,711	$1.89	2d	1	1.47mi
2109 McGowen St Unit 1244934P Houston, TX	3.0	3.5	2497	$4,734	$1.90	5d	1	1.47mi
2105 McGowen St Unit 1244936P Houston, TX	3.0	3.5	2497	$4,836	$1.94	5d	1	1.47mi
2114 Sabine St Houston, TX	3.0	4.0	2020	$3,200	$1.58	43d	1	1.50mi
2114 Sabine St Unit 1257735P Houston, TX	3.0	3.5	2594	$6,588	$2.54	43d	1	1.50mi

Listing history 46 events

1. 2026-06-18
   days on market $499,990 Active 18 DOM
2. 2026-06-17
   days on market $499,990 Active 17 DOM
3. 2026-06-16
   days on market $499,990 Active 16 DOM
4. 2026-06-15
   days on market $499,990 Active 15 DOM
5. 2026-06-13
   days on market $499,990 Active 13 DOM
6. 2026-06-09
   days on market $499,990 Active 9 DOM
7. 2026-06-08
   days on market $499,990 Active 8 DOM
8. 2026-06-07
   days on market $499,990 Active 7 DOM
9. 2026-06-04
   days on market $499,990 Active 4 DOM
10. 2026-06-03
    days on market $499,990 Active 3 DOM
11. 2026-06-02
    days on market $499,990 Active 2 DOM
12. 2026-06-01
    remarks 699-char remark
13. 2026-06-01
    pricedays on marketlisting id $499,990 Active 1 DOM
14. 2026-05-31
    days on market $515,000 Active 40 DOM
15. 2026-04-21
    listed $515,000 Active 759-char remark
16. 2026-04-11
    historical $3,695
17. 2026-04-09
    listed $3,695
18. 2026-04-08
    historical $3,695
19. 2026-03-11
    price $3,695
20. 2026-02-10
    price $3,800
21. 2025-12-31
    price $3,950
22. 2025-12-30
    price $3,995
23. 2025-12-12
    price $4,300
24. 2025-10-11
    listed $4,500
25. 2024-04-29
    historical
26. 2024-03-23
    price $495,000
27. 2024-03-11
    listed $535,000 Active
28. 2021-09-20
    soldstatus
29. 2021-09-17
    soldstatus Sold
30. 2021-08-25
    status Pending
31. 2021-08-16
    status Option Pending
32. 2021-07-15
    price $459,900
33. 2021-06-29
    price $465,000
34. 2021-06-16
    price $475,000
35. 2021-06-16
    listed $450,000 Active
36. 2014-01-15
    historical
37. 2014-01-14
    soldstatus Sold
38. 2013-10-16
    status Pending
39. 2013-09-26
    historical
40. 2013-09-10
    price $329,900 Active
41. 2013-09-10
    status Active
42. 2013-05-16
    status Pending, Continue to Show
43. 2013-05-02
    status Option Pending
44. 2013-04-29
    status Active
45. 2013-04-28
    status Option Pending
46. 2013-04-07
    listed $279,900 Active

ⓘ 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: $10,387 · $866/mo
• Projected year-2 tax: $10,387 · $866/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 ≥109°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 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $62,981
• − Mortgage interest: −$28,007
• − Property taxes: −$10,387
• − Insurance: −$2,500
• − Repairs & maintenance: −$5,038
• − Management: −$5,038
• − Depreciation: −$14,545
• Taxable loss: −$2,536
• Est. tax savings @ 24.0%: +$609
• After-tax cash flow: $6,012/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): 23,708
• Household income: $116,423
• Rent vs Own: 62.4% rent · 37.6% own
• Severe rent burden: 1844.0

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 0.62)
• Race & ethnicity: White 57% Hispanic / Latino 18% Two or more races 13% Asian 10% Black 9%
• Hispanic origin (detail): Mexican 12% Salvadoran 1%
• Common ancestry: Lithuanian 4% Romanian 2% Slovak 2%
• Foreign-born: 17% · Canada, China, Vietnam
• Languages at home: 77% English-only · Spanish 11% Other Indo-European 4% Chinese 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: ▼ -131.69%
• Current HPI: 179.271
• Rent YoY: ▼ -0.95%
• 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

+78.6% since first listed

34 events — show timeline

• 2026-05-31 Listed $499,990 HARMLS
• 2026-05-31 Listing Removed — HARMLS
• 2026-04-21 Listed $515,000 HARMLS
• 2026-04-11 Rental Removed $3,695 RentEngineListings
• 2026-04-09 Listed for Rent $3,695 RentEngineListings
• 2026-04-08 Rental Removed $3,695 HARMLS
• 2026-03-11 Price Changed $3,695 HARMLS
• 2026-02-10 Price Changed $3,800 HARMLS
• 2025-12-31 Price Changed $3,950 HARMLS
• 2025-12-30 Price Changed $3,995 HARMLS
• 2025-12-12 Price Changed $4,300 HARMLS
• 2025-10-11 Listed for Rent $4,500 HARMLS
• 2024-04-29 Listing Removed — HARMLS
• 2024-03-23 Price Changed $495,000 HARMLS
• 2024-03-11 Listed $535,000 HARMLS
• 2021-09-20 Sold (Public Records) — Public Records
• 2021-09-17 Sold (MLS) — HARMLS
• 2021-08-25 Pending — HARMLS
• 2021-08-16 Pending — HARMLS
• 2021-07-15 Price Changed $459,900 HARMLS
• 2021-06-29 Price Changed $465,000 HARMLS
• 2021-06-16 Price Changed $475,000 HARMLS
• 2021-06-16 Listed $450,000 HARMLS
• 2014-01-15 Listing Removed — HARMLS
• 2014-01-14 Sold (MLS) — HARMLS
• 2013-10-16 Pending — HARMLS
• 2013-09-26 Listing Removed — HARMLS
• 2013-09-10 Relisted — HARMLS
• 2013-09-10 Price Changed $329,900 HARMLS
• 2013-05-16 Pending — HARMLS
• 2013-05-02 Pending — HARMLS
• 2013-04-29 Relisted — HARMLS
• 2013-04-28 Pending — HARMLS
• 2013-04-07 Listed $279,900 HARMLS

Property tax history

-0.2%/yr

Latest (2025): $10,387 · +5.3% YoY. Source: county tax records.