🏷️ Likely Rental
3343 Maymist Dr · Houston, TX
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.95%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +15.0/30.0
- ARV discount +7.5/15.0
- Schools +5.7/10.0
- 1% rule +5.0/10.0
- DSCR +5.0/10.0
- Appreciation +4.4/10.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- Rent growth +1.8/5.0
$2,499
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This is a duplex. Right side ONLY being sold. Beautifully updated duplex-home on a corner lot w/ mature live Oaks is ready for new owner to love. Fabulous floor plan w/ a fresh neutral color pallet w/ 15” ceramic tile & wood laminate floors. Flexible space for formal dining or study off of the entry. A spacious step-down family room features a romantic wood-burning fireplace & a soaring vaulted ceiling. The kitchen has granite countertops & tile backsplash, sleek SS appliances, a chef’s desk & breakfast bar that opens to the casual dining area. Spacious owner’s retreat w/ a large closet & ensuite bathroom. Guest bedrooms are also spacious w/ large closets, ceiling fans & easy access to a full bathroom. Automatic driveway gate & room for 4 cars behind gate. Many recent improvements include roof, back fence, A/C & heat, water heater, ceiling fans, toilets, fixtures & more. Short walk to the neighborhood pool, tennis courts, park, Mayde Creek North Hike & Bike Trail + best KISD schools!
Key facts
- Garage
- Community pool
- Built 1980
Property features AI
Finance
- Other: Lease considered
- HOA & community: Association fees charged annually; Association covers water and sewer
Exterior
- Parking: Attached garage; Additional parking
- Security: Smoke detector(s)
- Utilities: Public water; Public sewer
- Home design: Residential property; Single-story; Built in 1980
- Construction: Year built 1980
- Exterior features: Private yard; Fence; Paved driveway; Storage; Tennis court(s); Community pool
Interior
- Kitchen: Dishwasher; Electric oven; Electric range; Garbage disposal; Microwave; Refrigerator
- Bedrooms: Primary bedroom (first floor); Bedroom (first floor); Bedroom (first floor)
- Flooring: Carpet; Laminate; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric and gas); Central air conditioning (electric)
- Interior features: Entrance foyer; Kitchen/family room combo; Tub with shower; Ceiling fans; One fireplace
- Laundry & utility: Washer; Dryer; Electric dryer hookup
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath townhouse listed at $2k.
Deal economics
- At list price, monthly cash flow is $2k ($19k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $2k).
- Cap rate 775.0% 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.
- Katy ISD (suburban): math 61% / reading 63% proficiency, ranked #29 of 826 in TX (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents soft (-2.9%/yr); 744 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); solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-1.3%/yr); year-one equity from $17 of loan paydown is wiped out by about $32 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 (-1.3% appreciation + 0.0% rent growth), your $700 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.
- 11 sale attempts since 8y 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: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 81.96% ✓
- Cap rate
- 774.95%
- Cash-on-cash
- 2745.22%
- DSCR
- 123.15
- GRM
- 0.1
CMA / ARV
- ARV (on-the-fly)
- $220,350
- Comps found
- 6
Show comp detail 6 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3302 Purslane Dr | 0.28mi | 3/2.0 | 1,670 (-2%) | 3mo | $209,000 | $125 | 82 |
| 19323 Hollowlog Dr | 0.19mi | 3/2.0 | 1,540 (-9%) | 1mo | $199,900 | $130 | 75 |
| 19514 Lazy Valley Dr | 0.39mi | 3/2.0 | 1,670 (-2%) | 9mo | $156,000 | $93 | 72 |
| 3335 Purslane Dr | 0.29mi | 3/2.0 | 1,730 (+2%) | 23mo | $225,000 | $130 | 64 |
| 19546 Lazy Valley Dr | 0.46mi | 3/2.0 | 1,554 (-8%) | 4mo | $200,000 | $129 | 62 |
| 19307 Plantain Dr | 0.19mi | 3/2.0 | 1,505 (-11%) | 16mo | $218,000 | $145 | 60 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-1.27% appreciation · 0.0% rent growth · sell at horizon
- IRR
- —
- Equity multiple
- 137.86×
- Total profit
- $95,762
- Equity at exit
- $571
- IRR
- —
- Equity multiple
- 275.07×
- Total profit
- $191,769
- Equity at exit
- $572
Cash invested: $700 (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
ZIP-level market 77449
- Home prices YoY
- -0.5%
- Rents YoY
- -2.9%
- Active inventory
- 744
- Price-to-rent
- 0.1×
Monthly cashflow live
- Estimated rent
- $2,048 high interval (Pro) →
- Mortgage (P&I)
- −$13
- Tax est. 1.5%
- −$3 /mo · $37/yr
- Insurance
- −$1
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$430
- Net cashflow
- $1,601
Break-even live
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
- $625
- Closing costs
- $75
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 19138 Morton Rd Unit TOBC2 Houston, TX | 2.0 | 2.0 | 1091 | $1,745 | $1.60 | 3d | 1 | 0.34mi |
| 19403 Misty Cove Dr Katy, TX | 4.0 | 2.0 | 1714 | $1,999 | $1.17 | 5d | 1 | 0.39mi |
| 19434 Brook Village Rd Houston, TX | 3.0 | 2.0 | 1822 | $1,950 | $1.07 | 44d | 1 | 0.50mi |
| 19407 Dawn Canyon Rd Houston, TX | 3.0 | 2.0 | 1576 | $1,716 | $1.09 | 44d | 1 | 0.61mi |
| 2606 Olster Dr Houston, TX | 3.0 | 2.0 | 1527 | $1,571 | $1.03 | 5d | 1 | 0.82mi |
| 18407 Early Green Trl Unit 1316402P Houston, TX | 3.0 | 2.0 | 1550 | $3,988 | $2.57 | 3d | 1 | 0.86mi |
| 3331 Dale Ridge Trl Houston, TX | 4.0 | 2.5 | 2216 | $2,121 | $0.96 | 22d | 1 | 0.86mi |
| 2607 Cypressvine Dr Houston, TX | 3.0 | 2.0 | 1527 | $2,000 | $1.31 | 20d | 1 | 0.87mi |
| 2622 Broomsedge Dr Houston, TX | 3.0 | 2.0 | 1746 | $1,050 | $0.60 | 5d | 1 | 0.93mi |
| 18747 Denise Dale Ln Houston, TX | 3.0 | 2.0 | 1136 | $1,695 | $1.49 | 5d | 1 | 0.94mi |
| 2931 Barker Cypress Rd Houston, TX | 1.0–3.0 | 1.0–2.0 | 1065 | $1,796 | $1.69 | 2d | 20 | 0.98mi |
| 2411 Shady Brook Dr Houston, TX | 3.0 | 2.0 | 1715 | $1,916 | $1.12 | 5d | 1 | 1.04mi |
| 2937 Barker Cypress Rd Houston, TX | 2.0 | 2.0 | 1138 | $1,456 | $1.28 | 44d | 1 | 1.09mi |
| 2926 Barker Cypress Rd Unit 3047 Houston, TX | 3.0 | 2.0 | 1424 | $2,200 | $1.54 | 11d | 1 | 1.14mi |
| 2926 Barker Cypress Rd Unit 2165 Houston, TX | 2.0 | 2.0 | 1250 | $1,937 | $1.55 | 3d | 1 | 1.14mi |
| 2926 Barker Cypress Rd Unit 3165 Houston, TX | 3.0 | 2.0 | 1424 | $2,157 | $1.51 | 3d | 1 | 1.14mi |
| 19319 Cypress Arbor Ct Katy, TX | 4.0 | 3.0 | 1794 | $1,940 | $1.08 | 7d | 1 | 1.14mi |
| 2926 Barker Cypress Rd Unit 2959 Houston, TX | 3.0 | 2.0 | 1424 | $2,110 | $1.48 | 44d | 1 | 1.16mi |
| 2926 Barker Cypress Rd Unit 2174 Houston, TX | 2.0 | 2.0 | 1250 | $1,969 | $1.58 | 10d | 1 | 1.16mi |
| 2926 Barker Cypress Rd Unit 3174 Houston, TX | 3.0 | 2.0 | 1424 | $2,189 | $1.54 | 10d | 1 | 1.16mi |
| 2926 Barker Cypress Rd Unit 2963 Houston, TX | 2.0 | 2.0 | 1250 | $1,820 | $1.46 | 44d | 1 | 1.16mi |
| 3740 Barker Cypress Rd Houston, TX | 1.0–2.0 | 1.0–2.0 | 933 | $2,070 | $2.22 | 2d | 250 | 1.16mi |
| 4211 Falcon Meadow Dr Katy, TX | 3.0 | 2.0 | 1436 | $1,795 | $1.25 | 24d | 1 | 1.17mi |
| 2926 Barker Cypress Rd Houston, TX | 2.0 | 2.0 | 1091 | $1,745 | $1.60 | 12d | 1 | 1.18mi |
| 19638 Southaven Dr Houston, TX | 3.0 | 2.0 | 1684 | $1,769 | $1.05 | 17d | 1 | 1.22mi |
| 2500 Greenhouse Rd Unit 3112 Houston, TX | 3.0 | 2.0 | 1440 | $2,051 | $1.42 | 3d | 1 | 1.25mi |
| 2500 Greenhouse Rd Unit 2174 Houston, TX | 2.0 | 2.0 | 1205 | $1,663 | $1.38 | 10d | 1 | 1.25mi |
| 2500 Greenhouse Rd Unit 2047 Houston, TX | 2.0 | 2.0 | 1205 | $1,674 | $1.39 | 11d | 1 | 1.25mi |
| 2500 Greenhouse Rd Unit 2537 Houston, TX | 2.0 | 2.0 | 1205 | $1,714 | $1.42 | 44d | 1 | 1.25mi |
| 2500 Greenhouse Rd Unit 424 Houston, TX | 2.0 | 2.0 | 1205 | $1,639 | $1.36 | 5d | 1 | 1.25mi |
| 2500 Greenhouse Rd Unit 3174 Houston, TX | 3.0 | 2.0 | 1440 | $2,083 | $1.45 | 10d | 1 | 1.25mi |
| 2500 Greenhouse Rd Unit 2533 Houston, TX | 3.0 | 2.0 | 1440 | $2,094 | $1.45 | 44d | 1 | 1.25mi |
| 2500 Greenhouse Rd Unit 2148 Houston, TX | 2.0 | 2.0 | 1205 | $1,631 | $1.35 | 3d | 1 | 1.25mi |
| 20102 Twilight Canyon Rd Katy, TX | 4.0 | 2.5 | 1633 | $3,395 | $2.08 | 3d | 1 | 1.28mi |
| 19311 Cypress Bay Dr Katy, TX | 3.0 | 2.0 | 2052 | $2,080 | $1.01 | 4d | 1 | 1.29mi |
| 19776 Clay Rd Katy, TX | 2.0 | 2.0 | 1174 | $1,475 | $1.26 | 44d | 1 | 1.31mi |
| 19770 Clay Rd Katy, TX | 1.0–2.0 | 1.0–2.0 | 1002 | $1,843 | $1.84 | 3d | 15 | 1.32mi |
| 2411 Greenhouse Rd Houston, TX | 1.0–3.0 | 1.0–2.0 | 1109 | $2,008 | $1.81 | 2d | 37 | 1.33mi |
| 2603 N Fry Rd Katy, TX | 3.0 | 1.0–2.0 | 954 | $2,213 | $2.32 | 2d | 39 | 1.34mi |
| 3435 Clipper Winds Way Houston, TX | 3.0 | 2.0 | 1754 | $1,799 | $1.03 | 13d | 1 | 1.37mi |
Listing history 2 events
-
2026-06-04remarks 675-char remark
-
2026-06-04$2,499 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 6/10 Major FEMA zone X (unshaded) · 95% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $24,577
- − Mortgage interest
- −$140
- − Property taxes
- −$37
- − Insurance
- −$12
- − Repairs & maintenance
- −$1,966
- − Management
- −$1,966
- − Depreciation
- −$73
- Taxable income
- $20,382
- Est. tax owed @ 24.0%
- −$4,892
- After-tax cash flow
- $14,317/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
- Katy ISD
- NCES district ID
- 4825170
- Math proficiency
- 61% ▼ -7.00%
- Reading proficiency
- 63% ▼ -3.00%
- Median HH income
- $90,312
- Composite
- 56.59/100
- National rank
- #1146
- State rank
- #29 of 826 in TX
Livability — Houston
- Score
- 74/100
- State rank
- #184
- US rank
- #4771
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Harris County · 4,702,590 people
- City population
- 3,226,434
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 130,028
- Household income
- $87,808
- Rent vs Own
- Severe rent burden
- 3088.0
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 0.68)
- Race & ethnicity
- Hispanic / Latino 49% Two or more races 22% Black 20% White 19% Asian 6%
- Hispanic origin (detail)
- Mexican 26% Puerto Rican 1% Cuban 4%
- Common ancestry
- Lithuanian 1% Italian 1%
- Foreign-born
- 32% · Canada, Jamaica, Vietnam
- Languages at home
- 48% English-only · Spanish 40% Other Indo-European 3% Vietnamese 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
- ▼ -1.27%
- Current HPI
- 254.6622
- Rent YoY
- ▼ -2.86%
- 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 |
|
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| Energy Services | 3 | $60B |
|
||
| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
|
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Price history
-97.3% since first listed33 events — show timeline
- 2026-06-04 Listing Removed — HARMLS
- 2026-06-03 Listed $2,499 HARMLS
- 2023-10-26 Rental Removed $2,100 LISTANZA
- 2023-10-22 Listed for Rent $2,100 LISTANZA
- 2023-08-10 Rental Removed $2,100 HARMLS
- 2023-07-27 Listed for Rent $2,100 HARMLS
- 2023-07-21 Sold (Public Records) — Public Records
- 2023-07-21 Sold (MLS) — HARMLS
- 2023-07-19 Pending — HARMLS
- 2023-06-20 Relisted — HARMLS
- 2023-06-14 Pending — HARMLS
- 2023-06-09 Pending — HARMLS
- 2023-05-30 Listing Removed — HARMLS
- 2023-05-30 Listed $235,000 HARMLS
- 2023-04-06 Relisted — HARMLS
- 2023-04-05 Pending — HARMLS
- 2023-02-16 Listed $240,000 HARMLS
- 2022-05-03 Sold (Public Records) — Public Records
- 2022-04-15 Sold (MLS) — HARMLS
- 2022-03-06 Pending — HARMLS
- 2022-02-15 Relisted — HARMLS
- 2022-02-15 Pending — HARMLS
- 2022-02-15 Listing Removed — HARMLS
- 2022-02-15 Listed $217,500 HARMLS
- 2022-01-29 Listed $224,900 HARMLS
- 2019-07-11 Sold (Public Records) — Public Records
- 2018-07-03 Sold (Public Records) — Public Records
- 2018-07-03 Sold (MLS) — HARMLS
- 2018-06-08 Pending — HARMLS
- 2018-06-01 Pending — HARMLS
- 2018-05-22 Listed $92,000 HARMLS
- 1993-10-13 Sold (Public Records) — Public Records
- 1990-11-29 Sold (Public Records) — Public Records
Property tax history
+5.2%/yrLatest (2025): $5,317 · -8.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…