9950 Genard Rd · Houston, TX 77041

$139,900

4 bd · 2.5 ba · 2,026 sqft · SingleFamily public records · 13 Days on market

Built 1972 6,969 sqft lot $69/sqft · 52% below area

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Why this score? — see what drove the B 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Appreciation +4.3/10.0
• Livability +3.7/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0

Listing remarks

Great opportunity for the investor looking to build in a great location. This property is being sold at lot value. Please see the attached document. This property is located close to major thoroughfares, Employment Centers related to the petrochemical industry, Retail centers, Hospitals, Schools, and Entertainment venues. This one will not last long. .. .Schedule a showing now!

Key facts

• 6,969 sq ft lot
• 2 garage spots
• Built 1972

Property features AI

Exterior

• Parking: Attached garage with 2 parking spaces
• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 1972; Slab foundation
• Construction: Brick and wood siding construction; Composition roof
• Exterior features: Subdivision lot

Interior

• Bedrooms: Primary bedroom on the first floor (approx. 12x18); Three additional bedrooms on the first floor (each approx. 10x12)
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: 4 total rooms

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $737 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $140k).
• Cap rate 12.6% 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.
• Cypress-Fairbanks ISD (suburban): math 45% / reading 52% proficiency, ranked #161 of 826 in TX (top 20%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Truitt Middle (math 34% / reading 41%, grade F, #736 of 1,662 statewide, top 45%, 1,419 students, 76% FRL); Cypress Ridge H S (math 45% / reading 53%, grade D, #553 of 1,632 statewide, top 34%, 2,921 students, 76% FRL) — zoned schools average 76% FRL vs 43% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 171 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 40% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.5%/yr); year-one equity from $967 of loan paydown is wiped out by about $2k 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 (-1.5% appreciation + 0.2% rent growth), your $39k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 4.3% of price.
• Climate carrying-cost: 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.

Recommended offer $139,900

Questions for the listing agent

1. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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 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: 1.83% ✓
• Cap rate: 12.61%
• Cash-on-cash: 22.57%
• DSCR: 2.00
• GRM: 4.5

CMA / ARV

• ARV (median comp): $290,552
• List price: $139,900
• Delta: -51.85%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
9950 Genard Rd	0.00mi	4/2.5	2,026 (0%)	1mo	$139,900	$69	99
10023 Bamboo Rd	0.26mi	3/2.0 (-1)	2,183 (+8%)	2mo	$370,000	$169	66
9910 Genard Rd	0.09mi	3/2.0 (-1)	1,741 (-14%)	4mo	$199,900	$115	62
10009 Morocco Rd	0.30mi	3/2.5 (-1)	1,983 (-2%)	20mo	$329,900	$166	61
10251 Morocco Rd	0.56mi	4/2.0	2,050 (+1%)	14mo	$240,000	$117	59
10303 Brickyard Ct	0.51mi	3/2.5 (-1)	1,924 (-5%)	16mo	$284,900	$148	49
10234 Porto Rico Rd	0.48mi	3/3.5 (-1)	2,073 (+2%)	23mo	$349,000	$168	45
10418 N Shadowdale Dr	0.72mi	4/2.5	2,266 (+12%)	4mo	$339,990	$150	44
10410 N Newpark Dr	0.74mi	3/2.5 (-1)	2,247 (+11%)	2mo	$329,000	$146	41
4923 Shadowdale Dr	0.73mi	3/2.0 (-1)	1,796 (-11%)	20mo	$317,000	$177	23

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

Projected returns pro-forma

-1.47% appreciation · 0.25% rent growth · sell at horizon

5-year hold

• IRR: 16.0%
• Equity multiple: 1.68×
• Total profit: $26,783
• Equity at exit: $30,644

10-year hold

• IRR: 20.0%
• Equity multiple: 2.69×
• Total profit: $66,321
• Equity at exit: $29,584

Cash invested: $39,172 (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 77041

• Home prices YoY: -0.6%
• Rents YoY: 0.2%
• Active inventory: 171
• Price-to-rent: 4.5×

Monthly cashflow live

• Estimated rent: $2,564 high
• Mortgage (P&I): −$734
• Tax from tax record: −$497 /mo · $5,961/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$538
• Net cashflow: $737

Break-even live

Break-even rent $1,631

Max offer price $139,900

Occupancy floor 66%

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
9911 Porto Rico Rd Unit A Houston, TX	5.0	2.0	1500	$2,650	$1.77	24d	1	0.14mi
10021 Alfred Ln Houston, TX	4.0	3.0	1970	$3,000	$1.52	43d	1	0.67mi
9945 Storehouse Dr Houston, TX	3.0	2.5	2119	$2,600	$1.23	43d	1	0.91mi
9826 Rugged Oaks Dr Houston, TX	3.0	2.5	1942	$2,250	$1.16	24d	1	0.91mi
9813 Falling Fern Ln Houston, TX	3.0	2.5	1650	$2,295	$1.39	24d	1	0.95mi
9811 Falling Fern Ln Houston, TX	3.0	2.5	1942	$2,425	$1.25	13d	1	0.95mi
10615 Heatherford Dr Houston, TX	4.0	2.0	2120	$2,495	$1.18	7d	1	1.03mi
9614 Springmont Dr Unit 1042671P Houston, TX	5.0	2.5	2174	$14,296	$6.58	21d	1	1.21mi
9634 Rockhurst Dr Houston, TX	4.0	2.0	1881	$2,700	$1.44	43d	1	1.49mi

Listing history 4 events

1. 2026-05-14
   status Pending 378-char remark
2. 2026-05-01
   listed $139,900 Active 378-char remark
3. 2004-04-28
   soldstatus
4. 2000-05-18
   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: $5,961 · $497/mo
• Projected year-2 tax: $5,961 · $497/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 · 23 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 · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,766
• − Mortgage interest: −$7,837
• − Property taxes: −$5,961
• − Insurance: −$700
• − Repairs & maintenance: −$2,461
• − Management: −$2,461
• − Depreciation: −$4,070
• Taxable income: $7,277
• Est. tax owed @ 24.0%: −$1,746
• After-tax cash flow: $7,095/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: Cypress-Fairbanks ISD
• NCES district ID: 4816110
• Math proficiency: 45% ▼ -12.00%
• Reading proficiency: 52% ▼ -2.00%
• Median HH income: $72,025
• Composite: 43.63/100
• National rank: #2968
• State rank: #161 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): 33,349
• Household income: $77,083
• Rent vs Own: 28.2% rent · 71.8% own
• Severe rent burden: 537.0

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 0.67)
• Race & ethnicity: Hispanic / Latino 50% Two or more races 25% White 23% Asian 16% Black 9% Native American 3%
• Hispanic origin (detail): Mexican 36% Cuban 2% Salvadoran 1%
• Common ancestry: Italian 1% Portuguese 1% Romanian 1%
• Foreign-born: 38% · Canada, Vietnam, China
• Languages at home: 45% English-only · Spanish 39% Vietnamese 8% Other Indo-European 3%

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: ▼ -1.47%
• Current HPI: 241.5096
• Rent YoY: ▲ 0.25%
• 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

• 2026-06-09 Sold (Public Records) — Public Records
• 2026-05-29 Sold (MLS) — HARMLS
• 2026-05-14 Pending — HARMLS
• 2026-05-01 Listed $139,900 HARMLS
• 2004-04-28 Sold (Public Records) — Public Records
• 2000-05-18 Sold (Public Records) — Public Records

Property tax history

+7.5%/yr

Latest (2025): $5,961 · -9.9% YoY. Source: county tax records.