7307 Eden Crossing Ln · Houston, TX 77407

$234,900

4 bd · 2.0 ba · 2,033 sqft · SingleFamily public records · 11 Days on market

Built 2002 8,485 sqft lot Est $321k · 27% under $48/mo HOA · 2% of rent ↓ 37% since listing

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Why this score? — see what drove the D+ 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).

• ARV discount +15.0/15.0
• Cash flow +7.9/30.0
• 1% rule +4.6/10.0
• Schools +4.5/10.0
• Appreciation +3.8/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +2.2/5.0
• DSCR +2.0/10.0

Listing remarks

Fantastic Opportunity in Richmond! Bring your design ideas and personal touch to this spacious 4-bedroom, 2.5-bathroom single-family home in a highly desirable neighborhood. Offering 2,033 square feet of living space and sitting on a generous 8,484-square-foot lot, this property is the perfect canvas for investors looking for their next project or a savvy homebuyer wanting to build immediate equity. The layout features a functional floor plan with great natural light and excellent structural potential. Ideally located with easy access to local amenities, shopping, and dining. This home is being sold as-is and is priced to sell quickly—don’t miss out on the incredible potential

Key facts

• 8,485 sq ft lot
• 2 garage spots
• Pool

Property features AI

Finance

• HOA & community: Homeowners association (Twin Oaks Village Community Assos); Annual association fee of $575 covering clubhouse, common areas and recreation facilities; Community amenities include clubhouse and playground

Exterior

• Parking: Attached 2-car garage; Attached garage parking
• Utilities: Public water; Public sewer
• Home design: Residential property built in 2002; Slab foundation; Composition roof
• Construction: Brick and wood siding construction
• Exterior features: Deck; Fence (back yard); Porch; Patio; In-ground private pool; Cul-de-sac lot; Subdivision setting

Interior

• Kitchen: Dishwasher; Garbage disposal; Microwave; Refrigerator; Kitchen island
• Bedrooms: Primary bedroom (second level) — 14 x 12; Bedroom (second level) — 11 x 11; Bedroom (second level) — 12 x 11; Bedroom (second level) — 12 x 11
• Flooring: Laminate; Tile; Vinyl
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (gas); Central electric air conditioning
• Interior features: High ceilings; Jetted tub; Kitchen island; Kitchen/family room combo; Separate shower; Tub with shower; Ceiling fans; Kitchen/dining combo; Programmable thermostat; Two fireplaces; Low emissivity windows
• Laundry & utility: Utility room (first level) — 6 x 8

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $235k.

Deal economics

• At list price, monthly cash flow is $-247 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $191k (18.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $225k (4.2% below list).
• Recommended offer: $191k (18.6% below list) — sets the bar for cash-flow.
• Cap rate 5.0% 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: crime F.
• Fort Bend ISD (suburban): math 44% / reading 53% proficiency, ranked #140 of 826 in TX (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: David Crockett Middle (math 30% / reading 44%, grade F, #756 of 1,662 statewide, top 47%, 1,119 students, 70% FRL) — zoned schools average 70% FRL vs 35% district-wide (36 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-1.1%/yr); 596 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 56% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-2.5%/yr); year-one equity from $2k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 3y 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

• Watch-outs: property tax is 3.3% 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 $191,286 (18.6% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. 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.
9. 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.
10. 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: 0.96% ✗
• Cap rate: 5.03%
• Cash-on-cash: -4.50%
• DSCR: 0.80
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $321,214
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18318 Grayson Bluff Way	0.35mi	4/2.0	2,024 (-0%)	0mo	$349,900	$173	83
17535 Heath Grove Ln	0.39mi	4/2.5	2,036 (+0%)	2mo	$285,990	$140	78
4516 Highland Oaks Ct	0.50mi	4/2.0	2,031 (-0%)	5mo	$320,990	$158	72
4503 Highland Oaks Ct	0.52mi	4/2.0	2,031 (-0%)	5mo	$325,990	$161	72
18442 Grayson Bluff Way	0.46mi	3/2.0 (-1)	1,973 (-3%)	2mo	$365,000	$185	67
17439 Aspen Ridge Ct	0.43mi	3/2.0 (-1)	2,147 (+6%)	0mo	$330,000	$154	65
17906 Camden Oaks Ln	0.22mi	3/2.5 (-1)	2,213 (+9%)	6mo	$295,000	$133	63
17802 Oakridge Canyon Ln	0.57mi	3/2.0 (-1)	2,125 (+4%)	3mo	$291,200	$137	59
17927 Scenic Oaks Dr	0.24mi	3/2.5 (-1)	2,307 (+14%)	4mo	$279,900	$121	56
18315 Stablewood Manor Trl	0.42mi	3/2.0 (-1)	1,840 (-10%)	5mo	$320,000	$174	55
4520 Highland Oaks Ct	0.50mi	4/2.0	1,796 (-12%)	5mo	$325,990	$182	53
6703 Walnut Sq	0.68mi	3/2.5 (-1)	2,148 (+6%)	4mo	$315,000	$147	48

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

Projected returns pro-forma

-2.47% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -23.7%
• Equity multiple: 0.17×
• Total profit: $-54,848
• Equity at exit: $40,617

10-year hold

• IRR: -27.5%
• Equity multiple: -0.33×
• Total profit: $-87,789
• Equity at exit: $30,048

Cash invested: $65,772 (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 77407

• Home prices YoY: -1.1%
• Rents YoY: -1.1%
• Active inventory: 596
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,251 high
• Mortgage (P&I): −$1,232
• Tax from tax record: −$648 /mo · $7,774/yr
• Insurance: −$98
• HOA: −$48
• Vacancy / Maint / Mgmt: −$473
• Net cashflow: $-247

Break-even live

Break-even rent $2,564

Max offer price $191,286

Occupancy floor —

Sensitivity live

Price	-10% $-114	-5% $-180	+0% $-247	+5% $-313	+10% $-380
Rent	-10% $-425	-5% $-336	+0% $-247	+5% $-158	+10% $-69
Rate	-1.0pp $-129	-0.5pp $-187	base $-247	+0.5pp $-308	+1.0pp $-370

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: $58,725
• Closing costs: $7,047
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7206 Highland Chase Dr Richmond, TX	4.0	2.0	2042	$2,300	$1.13	45d	1	0.47mi
18330 Arcola Bay Ln Richmond, TX	4.0	3.0	1928	$2,400	$1.24	45d	1	0.49mi
17802 Oakridge Canyon Ln Richmond, TX	3.0	2.0	2125	$2,100	$0.99	45d	1	0.55mi
8327 Bristol Summit Way Richmond, TX	3.0	2.0	2371	$1,700	$0.72	2d	1	0.92mi
8019 Cliffside Terrace Ct Richmond, TX	3.0	2.0	1867	$2,199	$1.18	45d	1	0.93mi
16707 Great Oaks Glen Dr Houston, TX	4.0	2.0	2149	$2,110	$0.98	23d	1	1.06mi
16717 Westpark Dr Houston, TX	1.0–3.0	1.0–2.0	1042	$2,335	$2.24	4d	38	1.32mi
7010 Santa Rita Dr Houston, TX	4.0	3.0	2410	$2,200	$0.91	45d	1	1.37mi
16311 Paso Hondo Dr Houston, TX	3.0	2.5	1449	$1,683	$1.16	0d	1	1.49mi

HOA detail

• Monthly dues: $48 · $576/yr

Listing history 7 events

1. 2026-06-21
   days on market $234,900 Active 11 DOM
2. 2026-06-18
   days on market $234,900 Active 8 DOM
3. 2026-06-17
   days on market $234,900 Active 7 DOM
4. 2026-06-16
   days on market $234,900 Active 6 DOM
5. 2026-06-15
   days on market $234,900 Active 5 DOM
6. 2026-06-13
   remarks 687-char remark
7. 2026-06-13
   listed $234,900 Active 3 DOM

ⓘ 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: $7,774 · $648/mo
• Projected year-2 tax: $7,774 · $648/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) · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 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 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,017
• − Mortgage interest: −$13,158
• − Property taxes: −$7,774
• − Insurance: −$1,174
• − Repairs & maintenance: −$2,161
• − Management: −$2,161
• − HOA: −$576
• − Depreciation: −$6,833
• Taxable loss: −$6,821
• Est. tax savings @ 24.0%: +$1,637
• After-tax cash flow: $-1,326/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: Fort Bend ISD
• NCES district ID: 4819650
• Math proficiency: 44% ▼ -15.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $82,360
• Composite: 44.61/100
• National rank: #2779
• State rank: #140 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

• County: Fort Bend County · 836,777 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 88,319
• Household income: $98,913
• Rent vs Own: 27.5% rent · 72.5% own
• Severe rent burden: 1838.0

Population outlook (Fort Bend County) Hauer SSP2

• Today (2025): 1,004,526 people
• By 2030: 1,153,104 · +14.8%
• By 2040: 1,453,718 · +44.7%
• By 2050: 1,753,781 · +74.6%
• By 2075: 2,455,772 · +144.5%
• By 2100: 2,930,528 · +191.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.75)
• Race & ethnicity: Asian 33% Black 27% Hispanic / Latino 19% White 18% Two or more races 13%
• Hispanic origin (detail): Mexican 10% Puerto Rican 1%
• Common ancestry: Arab 3% Swedish 2% Hungarian 1%
• Foreign-born: 48% · Canada, Vietnam, China
• Languages at home: 43% English-only · Other Indo-European 18% Spanish 14% Vietnamese 6%

Political lean MEDSL · Fort Bend

• 2024 margin: Toss-up / Even · D 49.5% · R 47.9% · Other 2.6%
• 2008→2024 swing: +4.0pp toward D · 2008: -2.4pp · 2024: 1.6pp
• All cycles: 2024: D+1.6 2020: D+10.6 2016: D+6.6 2012: R+6.8 2008: R+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -2.47%
• Current HPI: 220.1542
• Rent YoY: ▼ -1.09%
• 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

-36.5% since first listed

4 events — show timeline

• 2026-06-10 Listed $234,900 HARMLS
• 2024-03-19 Listing Removed — HARMLS
• 2023-10-11 Price Changed $345,000 HARMLS
• 2023-09-30 Listed $370,000 HARMLS

Property tax history

+4.9%/yr

Latest (2025): $7,774 · -8.3% YoY. Source: county tax records.