7010 S Hall St · Houston, TX 77028

$190,000

3 bd · 1.0 ba · 1,216 sqft · SingleFamily public records · 301 Days on market

Built 1940 7,801 sqft lot $156/sqft · 8% below area Est $206k · 8% under

---

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 +15.7/30.0
• ARV discount +11.1/15.0
• Appreciation +7.6/10.0
• DSCR +4.9/10.0
• 1% rule +4.1/10.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0

Listing remarks MLS

This beautifully renovated home blends timeless charm with modern updates, offering a comfortable and versatile layout. Featuring 3 bedrooms and 1 fully updated bathroom, this home is thoughtfully designed to suit a variety of lifestyles. The converted garage has been transformed into a flex room and utility area, providing valuable additional living space ideal for a home office, gym, playroom, or guest suite. One of the secondary bedrooms is conveniently connected to the primary bedroom, making it a perfect option for a nursery, office, or sitting area—ideal for remote work or growing families. With updated finishes throughout and a functional layout, this home is move-in ready and designed for both comfort and convenience. Don’t miss your opportunity to own this charming, multi-functional property!

Key facts

• Renovated home
• Updated finishes
• Utility area

Tags

• RENOVATED HOME
• CONVERTED GARAGE
• FLEX ROOM
• UTILITY AREA
• UPDATED FINISHES
• FUNCTIONAL LAYOUT

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $85 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (8.6% below list).
• Recommended offer: $167k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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.
• 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.
• Market conditions: Rents soft (-1.6%/yr); 353 active listings in the ZIP; 23 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 65% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• At $1,736/mo this rent would consume 54% of the median local household income ($38k/yr) (locally 1177% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $11k of equity ($1k loan paydown + $10k 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 $53k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 301 days — a 12% lower offer ($167k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask has dropped $10k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1940 — expect roof / HVAC / electrical / plumbing capex.
• 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 $167,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 301 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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.
8. 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.
9. 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: 0.91% ✗
• Cap rate: 6.83%
• Cash-on-cash: 1.92%
• DSCR: 1.09
• GRM: 9.1

CMA / ARV

• ARV (median comp): $206,360
• List price: $190,000
• Delta: -7.93%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7229 Springdale St	0.37mi	3/1.0	1,247 (+2%)	6mo	$195,000	$156	74
7131 S Hall St	0.15mi	3/1.0	1,348 (+11%)	2mo	$110,000	$82	73
7206 Bywood St	0.24mi	3/2.0	1,266 (+4%)	6mo	$230,000	$182	73
7013 Kittridge St St	0.49mi	3/1.0	1,199 (-1%)	11mo	$110,000	$92	66
7429 Springdale St	0.55mi	3/2.0	1,230 (+1%)	9mo	$190,000	$154	61
8308 Shady Dr	0.33mi	3/2.0	1,294 (+6%)	12mo	$237,750	$184	60
8203 Westcott St	0.15mi	3/2.5	1,380 (+14%)	8mo	$204,999	$149	58
7410 Glen Manor Dr	0.59mi	3/2.0	1,140 (-6%)	6mo	$225,000	$197	53
7534 Bywood St	0.65mi	3/1.0	1,107 (-9%)	10mo	$179,000	$162	46
9009 Compton St	0.57mi	2/1.0 (-1)	1,040 (-14%)	4mo	$130,000	$125	40
9002 Allwood St	0.69mi	3/1.5	1,373 (+13%)	10mo	$194,900	$142	36
5503 Finch St	0.65mi	3/2.5	1,034 (-15%)	6mo	$210,000	$203	34

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: 13.8%
• Equity multiple: 1.88×
• Total profit: $46,803
• Equity at exit: $110,509

10-year hold

• IRR: 13.4%
• Equity multiple: 3.39×
• Total profit: $126,930
• Equity at exit: $193,114

Cash invested: $53,200 (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: 353
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,736 high
• Mortgage (P&I): −$996
• Tax from tax record: −$211 /mo · $2,531/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $85

Break-even live

Break-even rent $1,628

Max offer price $190,000

Occupancy floor 90%

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 23 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7119 Bywood St Unit A Houston, TX	3.0	2.5	1150	$1,795	$1.56	43d	1	0.15mi
7418 Bywood St Houston, TX	3.0	2.0	1300	$1,800	$1.38	24d	1	0.46mi
8015 Elbert St Unit A Houston, TX	2.0	2.0	1021	$1,650	$1.62	7d	1	0.54mi
5609 Denmark St Unit A Houston, TX	3.0	2.0	1410	$1,595	$1.13	43d	1	0.70mi
7601 Springdale St Houston, TX	3.0	2.0	1224	$1,200	$0.98	15d	1	0.75mi
8639 Peachtree St Unit A Houston, TX	3.0	2.5	1150	$1,750	$1.52	43d	1	0.80mi
7740 Wileyvale Rd Unit B Houston, TX	3.0	2.0	1500	$3,000	$2.00	43d	1	0.87mi
9410 Firnat St Unit B Houston, TX	3.0	2.5	1500	$1,900	$1.27	43d	1	0.88mi
7804 Crestview Dr Unit A Houston, TX	3.0	2.0	1150	$1,550	$1.35	22d	1	0.98mi
9422 Sandra St Unit B Houston, TX	3.0	2.5	1461	$1,875	$1.28	43d	1	1.02mi
7201 Hallshire Dr Unit 222 Houston, TX	2.0	1.0	985	$700	$0.71	43d	1	1.12mi
7201 Hallshire Dr Houston, TX	2.0	1.0	985	$740	$0.75	43d	1	1.12mi
7201 Hallshire Dr Unit 235 Houston, TX	3.0	1.0	1100	$850	$0.77	43d	1	1.12mi
4679 Weaver Rd Houston, TX	2.0	1.0	856	$990	$1.16	43d	1	1.14mi
7914 Laura Koppe Rd Houston, TX	3.0	2.0	1400	$1,850	$1.32	43d	1	1.21mi
4442 Weaver Rd Unit 707 Houston, TX	2.0	1.0	765	$1,110	$1.45	24d	1	1.27mi
7830 Nashville St Houston, TX	3.0	2.0	1175	$1,800	$1.53	7d	1	1.32mi
4422 Weaver Rd Apt 707 Houston, TX	2.0	1.0	765	$1,110	$1.45	43d	1	1.34mi
8006 Lynette St Houston, TX	3.0	1.0	1400	$1,475	$1.05	24d	1	1.40mi
6315 Sandra St Unit A Houston, TX	3.0	2.0	1150	$1,399	$1.22	43d	1	1.42mi
7973 Ritz St Houston, TX	3.0	2.0	1076	$2,250	$2.09	7d	1	1.42mi
4326 Plaag St Unit B Houston, TX	3.0	2.5	1150	$1,595	$1.39	43d	1	1.43mi
7176 Parker Rd Houston, TX	4.0	2.0	1152	$1,200	$1.04	43d	1	1.49mi

Listing history 23 events

1. 2026-06-18
   days on market $190,000 Active 301 DOM
2. 2026-06-17
   days on market $190,000 Active 300 DOM
3. 2026-06-16
   days on market $190,000 Active 299 DOM
4. 2026-06-15
   days on market $190,000 Active 298 DOM
5. 2026-06-13
   days on market $190,000 Active 296 DOM
6. 2026-06-10
   days on market $190,000 Active 292 DOM
7. 2026-06-08
   days on market $190,000 Active 291 DOM
8. 2026-06-07
   days on market $190,000 Active 290 DOM
9. 2026-06-04
   days on market $190,000 Active 287 DOM
10. 2026-06-01
    days on market $190,000 Active 284 DOM
11. 2026-05-31
    days on market $190,000 Active 283 DOM
12. 2025-12-01
    status Active 824-char remark

    Show marketing remark (824 chars)

    This beautifully renovated home blends timeless charm with modern updates, offering a comfortable and versatile layout. Featuring 3 bedrooms and 1 fully updated bathroom, this home is thoughtfully designed to suit a variety of lifestyles. The converted garage has been transformed into a flex room and utility area, providing valuable additional living space ideal for a home office, gym, playroom, or guest suite. One of the secondary bedrooms is conveniently connected to the primary bedroom, making it a perfect option for a nursery, office, or sitting area—ideal for remote work or growing families. With updated finishes throughout and a functional layout, this home is move-in ready and designed for both comfort and convenience. Don’t miss your opportunity to own this charming, multi-functional property!

13. 2025-11-30
    historical 824-char remark

    Show marketing remark (824 chars)

    This beautifully renovated home blends timeless charm with modern updates, offering a comfortable and versatile layout. Featuring 3 bedrooms and 1 fully updated bathroom, this home is thoughtfully designed to suit a variety of lifestyles. The converted garage has been transformed into a flex room and utility area, providing valuable additional living space ideal for a home office, gym, playroom, or guest suite. One of the secondary bedrooms is conveniently connected to the primary bedroom, making it a perfect option for a nursery, office, or sitting area—ideal for remote work or growing families. With updated finishes throughout and a functional layout, this home is move-in ready and designed for both comfort and convenience. Don’t miss your opportunity to own this charming, multi-functional property!

14. 2025-11-14
    price $190,000 824-char remark

    Show marketing remark (824 chars)

    This beautifully renovated home blends timeless charm with modern updates, offering a comfortable and versatile layout. Featuring 3 bedrooms and 1 fully updated bathroom, this home is thoughtfully designed to suit a variety of lifestyles. The converted garage has been transformed into a flex room and utility area, providing valuable additional living space ideal for a home office, gym, playroom, or guest suite. One of the secondary bedrooms is conveniently connected to the primary bedroom, making it a perfect option for a nursery, office, or sitting area—ideal for remote work or growing families. With updated finishes throughout and a functional layout, this home is move-in ready and designed for both comfort and convenience. Don’t miss your opportunity to own this charming, multi-functional property!

15. 2025-09-12
    price $195,000 824-char remark

    Show marketing remark (824 chars)

    This beautifully renovated home blends timeless charm with modern updates, offering a comfortable and versatile layout. Featuring 3 bedrooms and 1 fully updated bathroom, this home is thoughtfully designed to suit a variety of lifestyles. The converted garage has been transformed into a flex room and utility area, providing valuable additional living space ideal for a home office, gym, playroom, or guest suite. One of the secondary bedrooms is conveniently connected to the primary bedroom, making it a perfect option for a nursery, office, or sitting area—ideal for remote work or growing families. With updated finishes throughout and a functional layout, this home is move-in ready and designed for both comfort and convenience. Don’t miss your opportunity to own this charming, multi-functional property!

16. 2025-08-20
    listed $200,000 Active 824-char remark

    Show marketing remark (824 chars)

    This beautifully renovated home blends timeless charm with modern updates, offering a comfortable and versatile layout. Featuring 3 bedrooms and 1 fully updated bathroom, this home is thoughtfully designed to suit a variety of lifestyles. The converted garage has been transformed into a flex room and utility area, providing valuable additional living space ideal for a home office, gym, playroom, or guest suite. One of the secondary bedrooms is conveniently connected to the primary bedroom, making it a perfect option for a nursery, office, or sitting area—ideal for remote work or growing families. With updated finishes throughout and a functional layout, this home is move-in ready and designed for both comfort and convenience. Don’t miss your opportunity to own this charming, multi-functional property!

17. 2025-06-18
    historical
18. 2025-01-03
    listed $215,000 Active
19. 2024-08-16
    soldstatus Sold
20. 2024-08-16
    soldstatus
21. 2024-08-13
    status Pending
22. 2024-07-23
    listed $119,000 Active
23. 1988-01-02
    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: $2,531 · $211/mo
• Projected year-2 tax: $3,477 · $290/mo
• Expected delta: +$946/yr (+$79/mo · 37.4%)

ⓘ 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 ≥111°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: $20,834
• − Mortgage interest: −$10,643
• − Property taxes: −$2,531
• − Insurance: −$950
• − Repairs & maintenance: −$1,667
• − Management: −$1,667
• − Depreciation: −$5,527
• Taxable loss: −$2,151
• Est. tax savings @ 24.0%: +$516
• After-tax cash flow: $1,537/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): 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

+59.7% since first listed

12 events — show timeline

• 2025-12-01 Relisted — HARMLS
• 2025-11-30 Listing Removed — HARMLS
• 2025-11-14 Price Changed $190,000 HARMLS
• 2025-09-12 Price Changed $195,000 HARMLS
• 2025-08-20 Listed $200,000 HARMLS
• 2025-06-18 Listing Removed — HARMLS
• 2025-01-03 Listed $215,000 HARMLS
• 2024-08-16 Sold (Public Records) — Public Records
• 2024-08-16 Sold (MLS) — HARMLS
• 2024-08-13 Pending — HARMLS
• 2024-07-23 Listed $119,000 HARMLS
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+7.4%/yr

Latest (2025): $2,531 · +149.9% YoY. Source: county tax records.