Duplex
8133 Count St · Houston, TX
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.24%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
- Appreciation +7.6/10.0
- ARV discount +7.5/15.0
- Livability +3.7/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
$164,990
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
Key facts
- Spacious backyard
- Large lot
- 0.34 acre lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 3-bed/2.5-bath units multifamily listed at $165k.
Deal economics
- At list price, monthly cash flow is $1k ($17k/yr) — positive. Per door: $695/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $165k).
- Recommended offer: $145k (12.0% below list) — sets the bar for market timing.
- Cap rate 16.4% vs local median 3.1% 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; 33 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 45% 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 $3,324/mo this rent would consume 104% 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 $10k of equity ($1k loan paydown + $9k 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 $46k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 218 days — a 12% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts 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
- 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.
Questions for the listing agent
- It's been on market 218 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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 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
- 2.01% ✓
- Cap rate
- 16.40%
- Cash-on-cash
- 36.10%
- DSCR
- 2.61
- GRM
- 4.1
CMA / ARV
- ARV (median comp)
- $401,399
- List price
- $164,990
- Delta
- -58.90%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 7932 Way St | 0.36mi | 3/2.0 (-1) | 2,300 (+3%) | 10mo | $410,000 | $178 | 65 |
| 8216 Locksley Rd | 0.38mi | 3/2.0 (-1) | 2,462 (+11%) | 1mo | $420,000 | $171 | 59 |
| 8149 Talton St Unit A and B | 0.30mi | 3/2.0 (-1) | 2,480 (+11%) | 7mo | $460,000 | $185 | 56 |
| 8306 Tidwell Rd Unit A/B | 0.35mi | 3/2.0 (-1) | 2,545 (+14%) | 2mo | $390,000 | $153 | 54 |
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
- IRR
- 42.7%
- Equity multiple
- 3.58×
- Total profit
- $119,217
- Equity at exit
- $95,963
- IRR
- 39.0%
- Equity multiple
- 6.77×
- Total profit
- $266,382
- Equity at exit
- $167,694
Cash invested: $46,197 (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 77028
- Home prices YoY
- 2.0%
- Rents YoY
- -1.6%
- Active inventory
- 353
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $3,324 high interval (Pro) →
- Mortgage (P&I)
- −$865
- Tax from tax record
- −$302 /mo · $3,629/yr
- Insurance
- −$69
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$698
- Net cashflow
- $1,390
Break-even live
Sensitivity live
| Price | -10% $1,483 | -5% $1,436 | +0% $1,390 | +5% $1,343 | +10% $1,296 |
|---|---|---|---|---|---|
| Rent | -10% $1,127 | -5% $1,258 | +0% $1,390 | +5% $1,521 | +10% $1,652 |
| Rate | -1.0pp $1,473 | -0.5pp $1,432 | base $1,390 | +0.5pp $1,347 | +1.0pp $1,303 |
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3 | 2.5 | $3,324 |
| #1 | 3 | 2.5 | $1,662 |
| #2 | 3 | 2.5 | $1,662 |
| Total (2 units) | $3,324 | ||
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
- $41,248
- Closing costs
- $4,950
- 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 33 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 8006 Lynette St Houston, TX | 3.0 | 1.0 | 1400 | $1,475 | $1.05 | 25d | 1 | 0.29mi |
| 8235 Locksley Rd Unit A Houston, TX | 3.0 | 2.5 | 1608 | $1,525 | $0.95 | 8d | 1 | 0.42mi |
| 8203 Woodlyn Rd Unit C Houston, TX | 3.0 | 2.5 | 1650 | $1,650 | $1.00 | 8d | 1 | 0.45mi |
| 8238 Homewood Ln Houston, TX | 3.0 | 2.0 | 1696 | $1,695 | $1.00 | 25d | 1 | 0.46mi |
| 7914 Laura Koppe Rd Houston, TX | 3.0 | 2.0 | 1400 | $1,850 | $1.32 | 44d | 1 | 0.59mi |
| 9222 Hillis St Houston, TX | 3.0 | 2.0 | 1498 | $1,850 | $1.23 | 44d | 1 | 0.64mi |
| 8102 Rhobell St Unit A Houston, TX | 4.0 | 3.5 | 1567 | $1,750 | $1.12 | 44d | 1 | 0.67mi |
| 8117 Richland Dr Houston, TX | 5.0 | 2.0 | 1671 | $1,983 | $1.19 | 2d | 1 | 0.67mi |
| 9702 Hillis St Houston, TX | 3.0 | 2.0 | 1612 | $1,550 | $0.96 | 44d | 1 | 0.72mi |
| 8102 Crestview Dr Unit A Houston, TX | 3.0 | 2.5 | 1800 | $1,900 | $1.06 | 22d | 1 | 0.77mi |
| 8102 Crestview Dr Unit B Houston, TX | 3.0 | 2.5 | 1600 | $1,900 | $1.19 | 44d | 1 | 0.77mi |
| 8314 Madera Rd Unit B Houston, TX | 3.0 | 2.5 | 1608 | $1,495 | $0.93 | 25d | 1 | 0.83mi |
| 8214 Parker Rd Unit B Houston, TX | 3.0 | 2.0 | 1608 | $1,560 | $0.97 | 8d | 1 | 0.88mi |
| 8625 Homewood Ln Unit B Houston, TX | 3.0 | 3.0 | 1500 | $1,850 | $1.23 | 44d | 1 | 0.92mi |
| 8627 Homewood Ln Unit B Houston, TX | 3.0 | 2.5 | 1500 | $1,850 | $1.23 | 44d | 1 | 0.93mi |
| 8631 Homewood Ln Unit A Houston, TX | 3.0 | 2.5 | 1500 | $1,850 | $1.23 | 44d | 1 | 0.94mi |
| 8631 Homewood Ln Unit B Houston, TX | 3.0 | 3.0 | 1500 | $1,850 | $1.23 | 44d | 1 | 0.94mi |
| 7426 Bigwood St Houston, TX | 4.0 | 2.0 | 1997 | $1,850 | $0.93 | 14d | 1 | 1.03mi |
| 8638 Doris Oaks Cir Houston, TX | 3.0 | 3.0 | 1777 | $1,975 | $1.11 | 44d | 1 | 1.06mi |
| 10314 Woodwick St Unit 1283919P Houston, TX | 3.0 | 2.5 | 1496 | $3,865 | $2.58 | 0d | 1 | 1.10mi |
| 9410 Firnat St Unit B Houston, TX | 3.0 | 2.5 | 1500 | $1,900 | $1.27 | 44d | 1 | 1.11mi |
| 9326 Firnat St Unit B Houston, TX | 3.0 | 2.5 | 1902 | $1,900 | $1.00 | 44d | 1 | 1.12mi |
| 9328 Firnat St Unit B Houston, TX | 3.0 | 2.5 | 1902 | $1,900 | $1.00 | 44d | 1 | 1.12mi |
| 9324 Firnat St Unit B Houston, TX | 3.0 | 2.5 | 1600 | $1,900 | $1.19 | 22d | 1 | 1.12mi |
| 9320 Firnat St Unit A Houston, TX | 3.0 | 2.5 | 1900 | $1,850 | $0.97 | 8d | 1 | 1.12mi |
| 10474 Red Orchid Dr Houston, TX | 3.0 | 2.5 | 1553 | $1,875 | $1.21 | 25d | 1 | 1.15mi |
| 9314 Sundown Dr Unit A Houston, TX | 3.0 | 2.5 | 1608 | $1,675 | $1.04 | 0d | 1 | 1.24mi |
| 7726 Spinet St Houston, TX | 4.0 | 2.0 | 1456 | $2,375 | $1.63 | 8d | 1 | 1.33mi |
| 7325 Boggess Rd Houston, TX | 3.0 | 2.0 | 1568 | $1,850 | $1.18 | 44d | 1 | 1.35mi |
| 7325 Boggess Rd Houston, TX | 3.0 | 2.0 | 1568 | $1,850 | $1.18 | 17d | 1 | 1.35mi |
| 10708 Lavender Cotton Ln Houston, TX | 3.0 | 2.0 | 1406 | $2,150 | $1.53 | 44d | 1 | 1.35mi |
| 9526 Balsam Ln Houston, TX | 3.0 | 1.5 | 1533 | $1,475 | $0.96 | 6d | 1 | 1.38mi |
| 8003 Alpine Bearberry Dr Houston, TX | 3.0–4.0 | 2.0–2.5 | 1696 | $2,520 | $1.49 | 8d | 1 | 1.40mi |
Listing history 10 events
-
2026-05-31days on market $164,990 Active 218 DOM
-
2026-05-02price $164,990 1011-char remark
Show marketing remark (1011 chars)
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
-
2026-04-19status Active 1011-char remark
Show marketing remark (1011 chars)
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
-
2026-04-09status Pending 1011-char remark
Show marketing remark (1011 chars)
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
-
2026-04-03status Pending 1011-char remark
Show marketing remark (1011 chars)
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
-
2026-04-02status Pending 1011-char remark
Show marketing remark (1011 chars)
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
-
2026-03-25status Pending 1011-char remark
Show marketing remark (1011 chars)
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
-
2025-10-13$169,990 Active 1011-char remark
Show marketing remark (1011 chars)
DUPLEX; Large Lot! 14,800 SqFt, in a quiet established Houston neighborhood, offering excellent potential. Superb opportunity for Investors, Builders, Developers, or Savvy future homeowners looking to house hack, expand existing structures, and/or build more units, or tear down, and start from a blank canvas, subject to permitting, to create your own vision/masterpiece! The backyard is very spacious, ideal for entertaining, gardening, extra storage, or even a backyard oasis with pool. The smaller unit/2 Bds, 1 bath (8133 1/2) is currently rented/occupied, generating rental income. Larger unit 3 Bds, 1 & 1/2 Baths (8133) is vacant in need of TLC, and ready for renovations or redevelopment. Bring your tools, and your vision boards. Awesomely located just minutes from Downtown Houston with quick access to major Hwys I-59/69 & Loop 610; 15-20 minutes away from LBJ Hospital, & its new expansion project, doubling LBJ from 200 beds to 450 beds...Hurry This property is a Diamond in the rough!
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2006-06-13soldstatus
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1988-01-02soldstatus
ⓘ 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
- $3,629 · $302/mo
- Projected year-2 tax
- $3,629 · $302/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 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
- Wildfire 3/10 Moderate
- 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $39,888
- − Mortgage interest
- −$9,242
- − Property taxes
- −$3,629
- − Insurance
- −$825
- − Repairs & maintenance
- −$3,191
- − Management
- −$3,191
- − Depreciation
- −$4,800
- Taxable income
- $15,010
- Est. tax owed @ 24.0%
- −$3,603
- After-tax cash flow
- $13,073/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
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
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-2.9% since first listed9 events — show timeline
- 2026-05-02 Price Changed $164,990 HARMLS
- 2026-04-19 Relisted — HARMLS
- 2026-04-09 Pending — HARMLS
- 2026-04-03 Pending — HARMLS
- 2026-04-02 Pending — HARMLS
- 2026-03-25 Pending — HARMLS
- 2025-10-13 Listed $169,990 HARMLS
- 2006-06-13 Sold (Public Records) — Public Records
- 1988-01-02 Sold (Public Records) — Public Records
Property tax history
+10.0%/yrLatest (2025): $3,629 · +0.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…