5313 Bacher St · Houston, TX 77028

$399,900

None bd · None ba · 2,628 sqft · MultiFamily · 26 Days on market

Built 2026 Excellent condition

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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 +16.9/30.0
• Appreciation +7.6/10.0
• ARV discount +7.5/15.0
• DSCR +5.3/10.0
• Condition / age +4.8/5.0
• 1% rule +4.6/10.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Rent growth +2.1/5.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks

Welcome to 5313 Bacher — a prime investment opportunity with immediate income potential. This well-maintained duplex offers single car garages, a total of 2,628 square feet, featuring spacious 3-bedroom, 2-bathroom units on each side. Both layouts are designed for comfortable living with no carpet throughout, making for low maintenance and modern appeal. Even better — two tenants are ready to sign leases, giving you the ability to generate income right away. Situated on an amazing lot within walking distance to schools and parks, this property is perfectly positioned for long-term rental demand and tenant retention. Seller is willing to contribute concessions, creating an attrac

Key facts

• No carpet throughout
• Low maintenance
• Built 2026

Tags

• WELL-MAINTAINED DUPLEX
• NO CARPET THROUGHOUT
• LOW MAINTENANCE
• WALKING DISTANCE TO SCHOOLS
• WALKING DISTANCE TO PARKS

Property features AI

Finance

• Other: Owner is listing agent

Exterior

• Utilities: Has heating and cooling
• Home design: Residential income property; New construction (2026)
• Construction: Built in 2026; Composition roofing
• Exterior features: Composition roof

Interior

• Bedrooms: Total of 2 units
• Heating & cooling: Central heating (gas); Central air conditioning (gas)
• Interior features: Two-unit residential income property; New construction (2026) built by Q & G Investment Group LLC

🏗️ New construction. The $399,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $428,364.

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/2-bath units multifamily listed at $400k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $283 ($3k/yr) — positive. Per door: $141/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $400k).
• Recommended offer: $394k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.1% 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: Key Middle (math 10% / reading 20%, grade F, #1,569 of 1,662 statewide, top 95%, 615 students, 100% FRL); Kashmere H S (math 14% / reading 22%, grade F, #1,445 of 1,632 statewide, top 89%, 725 students, 96% FRL) — zoned schools average 98% FRL vs 71% district-wide (27 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 16% at this address vs 31% district-wide (-14 pts) — the specific schools serving this property underperform the Houston ISD average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-1.6%/yr); 354 active listings in the ZIP; 2 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• In year one you build about $25k of equity ($3k loan paydown + $22k appreciation (5.2% local appreciation)).
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (5.2% appreciation + 0.0% rent growth), your $120k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($394k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask is 17287% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: major flood risk; 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 $393,901 (1.5% below list)

Questions for the listing agent

1. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
2. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
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. 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.
7. 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.
8. 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: 0.96% ✗
• Cap rate: 7.08%
• Cash-on-cash: 2.83%
• DSCR: 1.13
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $428,364
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5313 Bacher St	0.00mi	—/—	2,628 (0%)	1mo	$399,900	$152	99
5506 Bacher St St Unit A/B	0.15mi	3/2.0	2,603 (-1%)	1mo	$420,000	$161	91
8113 Miley St Unit A and B	0.54mi	3/2.0	2,630 (+0%)	10mo	$455,000	$173	67
7949 Attwater St	0.55mi	3/2.0	2,800 (+6%)	1mo	$470,000	$168	62
8141 Jeffery St	0.58mi	3/3.0	2,786 (+6%)	1mo	$430,000	$154	62
7956 Bonaire Unit A/b St	0.30mi	3/3.0	2,987 (+14%)	2mo	$450,000	$151	61
5408 Fairchild St St	0.45mi	3/2.0	2,352 (-10%)	4mo	$430,000	$183	58
5414 Ina St	0.55mi	3/2.0	2,875 (+9%)	0mo	$470,000	$163	58
8018 Attwater St Unit A/B	0.48mi	3/2.0	2,875 (+9%)	8mo	$490,000	$170	56
8115 Jeffrey St Unit A/B	0.59mi	3/2.0	2,875 (+9%)	4mo	$470,000	$163	53
7938 Cinderella St	0.38mi	3/3.0	2,300 (-12%)	10mo	$435,000	$189	53
8371 Howton St	0.74mi	3/2.0	2,916 (+11%)	3mo	$104,900	$36	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

5.25% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 14.5%
• Equity multiple: 1.92×
• Total profit: $110,780
• Equity at exit: $249,149

10-year hold

• IRR: 14.0%
• Equity multiple: 3.47×
• Total profit: $296,193
• Equity at exit: $435,384

Cash invested: $119,942 (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 77028

• Home prices YoY: 2.0%
• Rents YoY: -1.6%
• Active inventory: 354
• Price-to-rent: 16.2×

Monthly cashflow live

• Estimated rent: $4,105 high
• Mortgage (P&I): −$2,246
• Tax est. 1.5%: −$535 /mo · $6,425/yr
• Insurance: −$178
• HOA: −$0
• Vacancy / Maint / Mgmt: −$862
• Net cashflow: $283

Break-even live

Break-even rent $3,747

Max offer price $428,364

Occupancy floor 88%

Sensitivity live

Price	-10% $579	-5% $431	+0% $283	+5% $135	+10% $-13
Rent	-10% $-42	-5% $120	+0% $283	+5% $445	+10% $607
Rate	-1.0pp $498	-0.5pp $392	base $283	+0.5pp $172	+1.0pp $59

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	3	2	$4,104
Total (2 units)			$4,105

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: $107,091
• Closing costs: $12,851
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
8161 Tate St Houston, TX	3.0	3.0	2184	$1,850	$0.85	45d	1	0.11mi
5610 Haight St Houston, TX	1.0	1.0	2100	$587	$0.28	0d	1	0.28mi

Listing history 5 events

1. 2026-05-02
   listed $2,300
2. 2026-04-29
   status Pending
3. 2026-04-20
   price $399,900
4. 2026-04-03
   price $409,000
5. 2026-04-03
   listed $419,000 Active

ⓘ 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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $49,260
• − Mortgage interest: −$23,995
• − Property taxes: −$6,425
• − Insurance: −$2,142
• − Repairs & maintenance: −$3,941
• − Management: −$3,941
• − Depreciation: −$12,461
• Taxable loss: −$3,645
• Est. tax savings @ 24.0%: +$875
• After-tax cash flow: $4,266/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.

Condition & rehab AI · 13 photos

Excellent 95/100 None rehab

This well-maintained and modern multi-family home is move-in ready with no immediate repairs needed. It offers a prime investment opportunity with immediate income potential and is perfectly positioned for long-term rental demand.

Value-add opportunities

• Both Landscaping and curb appeal improvements — Enhances curb appeal and could attract more tenants
• Both Add a smart home system — Improves convenience and energy efficiency, attracting more buyers and renters

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping and curb appeal improvements — Enhances curb appeal and could attract more tenants ↑
• Both Add a smart home system — Improves convenience and energy efficiency, attracting more buyers and renters ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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): 19,109
• Household income: $38,357
• Rent vs Own: 43.1% rent · 56.9% own
• Severe rent burden: 1177.0

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 (57%)
• Race & ethnicity: Black 57% Hispanic / Latino 41% Two or more races 15% White 2%
• Hispanic origin (detail): Mexican 36%
• Foreign-born: 13% · Canada
• Languages at home: 61% English-only · Spanish 38%

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: ▲ 5.25%
• Current HPI: 267.7798
• Rent YoY: ▼ -1.55%
• 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

-99.5% since first listed

5 events — show timeline

• 2026-05-02 Listed for Rent $2,300 HARMLS
• 2026-04-29 Pending — HARMLS
• 2026-04-20 Price Changed $399,900 HARMLS
• 2026-04-03 Price Changed $409,000 HARMLS
• 2026-04-03 Listed $419,000 HARMLS