4217 Sterling St · Houston, TX 77051

$174,990

4 bd · 1.5 ba · 1,320 sqft · SingleFamily public records · 41 Days on market

Built 1957 5,318 sqft lot $133/sqft · 15% below area Est $207k · 15% under

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Why this score? — see what drove the A- 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 +27.0/30.0
• ARV discount +14.4/15.0
• Appreciation +10.0/10.0
• DSCR +9.3/10.0
• 1% rule +8.2/10.0
• Rent growth +3.7/5.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0

Listing remarks

Located in Houston’s growing 77051 area, 4217 Sterling Street offers convenience, opportunity, and value. With easy access to Downtown Houston, the Texas Medical Center, and major freeways, this home is ideally positioned for both commuters and investors. The property features a functional layout and a spacious lot with plenty of room to personalize or expand. Whether you are looking for a primary residence or an investment opportunity in a rapidly developing area, this home presents great potential. Schedule your private showing today.

Key facts

• Spacious lot
• Functional layout
• 5,318 sq ft lot

Tags

• EASY ACCESS TO MAJOR FREEWAYS
• FUNCTIONAL LAYOUT
• SPACIOUS LOT
• INVESTMENT OPPORTUNITY
• RAPIDLY DEVELOPING AREA

Property features AI

Finance

• Financial info: Lease considered

Exterior

• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 1957; Pillar/post/pier foundation
• Construction: Vinyl siding; Wood siding; Composition roof
• Exterior features: Subdivision lot

Interior

• Kitchen: Dishwasher; Electric oven; Electric range
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Dishwasher; Electric oven; Electric range; Total of 4 rooms

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $423 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $170k (3.0% below list) — sets the bar for market timing.

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.
• 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.
• Zoned schools: Attucks Middle (math 15% / reading 22%, grade F, #1,478 of 1,662 statewide, top 90%, 439 students, 98% FRL); Worthing H S (math 22% / reading 21%, grade F, #1,377 of 1,632 statewide, top 85%, 827 students, 96% FRL) — zoned schools average 97% FRL vs 71% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.8%/yr); 312 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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).

Forward outlook

• In year one you build about $19k of equity ($1k loan paydown + $17k appreciation (10.0% local appreciation)).
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 4.8% rent growth), your $49k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($170k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y 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.
• Current owner paid $42k; list at $175k implies a 312% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1957 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $169,740 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.32% ✓
• Cap rate: 9.65%
• Cash-on-cash: 12.00%
• DSCR: 1.53
• GRM: 6.3

CMA / ARV

• ARV (median comp): $206,801
• List price: $174,990
• Delta: -15.38%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4211 Knoxville St	0.25mi	4/2.0	1,288 (-2%)	7mo	$179,900	$140	77
3902 Aledo St	0.22mi	3/1.0 (-1)	1,176 (-11%)	4mo	$90,000	$77	61
8436 Lawler St	0.49mi	3/2.0 (-1)	1,334 (+1%)	9mo	$177,900	$133	61
4210 Larkspur St	0.55mi	3/2.0 (-1)	1,281 (-3%)	5mo	$199,000	$155	59
8230 Woodward St	0.58mi	3/2.0 (-1)	1,347 (+2%)	10mo	$155,000	$115	54
8838 Delilah St	0.71mi	3/1.0 (-1)	1,382 (+5%)	6mo	$119,999	$87	47
8002 Colonial Ln	0.52mi	3/2.0 (-1)	1,447 (+10%)	9mo	$235,000	$162	45
4358 Larkspur St	0.57mi	4/2.5	1,501 (+14%)	2mo	$242,500	$162	44
4737 Alvin St	0.74mi	3/1.0 (-1)	1,216 (-8%)	4mo	$95,000	$78	42
4525 Newberry St	0.58mi	3/2.0 (-1)	1,176 (-11%)	8mo	$245,000	$208	41
4402 Phlox St	0.72mi	3/2.0 (-1)	1,436 (+9%)	5mo	$239,999	$167	40
8110 Parnell St	0.73mi	3/2.0 (-1)	1,512 (+14%)	12mo	$205,000	$136	25

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

Projected returns pro-forma

10.0% appreciation · 4.77% rent growth · sell at horizon

5-year hold

• IRR: 32.8%
• Equity multiple: 3.58×
• Total profit: $126,623
• Equity at exit: $157,645

10-year hold

• IRR: 29.0%
• Equity multiple: 8.37×
• Total profit: $361,148
• Equity at exit: $339,967

Cash invested: $48,997 (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 77051

• Home prices YoY: 9.7%
• Rents YoY: 4.8%
• Active inventory: 312
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $2,317 high
• Mortgage (P&I): −$918
• Tax from tax record: −$350 /mo · $4,200/yr
• Insurance: −$73
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$487
• Net cashflow: $423

Break-even live

Break-even rent $1,781

Max offer price $174,990

Occupancy floor 77%

Sensitivity live

Price	-10% $522	-5% $473	+0% $423	+5% $374	+10% $324
Rent	-10% $240	-5% $332	+0% $423	+5% $515	+10% $606
Rate	-1.0pp $511	-0.5pp $468	base $423	+0.5pp $378	+1.0pp $332

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: $43,748
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4117 Shelby Cir Unit 1230900P Houston, TX	4.0	2.0	1367	$5,253	$3.84	0d	1	0.12mi
4406 Sterling St Houston, TX	3.0	2.5	1840	$1,999	$1.09	17d	1	0.20mi
4514 Galesburg St Unit B Houston, TX	3.0	2.5	1680	$3,500	$2.08	25d	1	0.40mi
8328 Corinth St Unit B Houston, TX	3.0	2.5	1500	$2,800	$1.87	20d	1	0.41mi
8521 Dosia St Houston, TX	3.0	2.0	1028	$1,665	$1.62	13d	1	0.41mi
3620 Du Bois St Unit 1302349P Houston, TX	3.0	2.5	1797	$2,945	$1.64	3d	1	0.41mi
4526 Knoxville St Unit A Houston, TX	3.0	2.5	1474	$1,775	$1.20	15d	1	0.45mi
4601 White Rock St Unit A Houston, TX	3.0	2.5	1700	$2,500	$1.47	44d	1	0.49mi
4609 Bricker St Unit ABC Houston, TX	3.0	2.5	1375	$3,500	$2.55	12d	1	0.57mi
4609 Bricker St Unit B Houston, TX	3.0	2.5	1300	$3,500	$2.69	13d	1	0.57mi
4613 Bricker St Unit B Houston, TX	3.0	2.5	1600	$2,300	$1.44	44d	1	0.58mi
8010 Livingston St Houston, TX	3.0	2.0	1400	$1,800	$1.29	44d	1	0.61mi
8107 Calhoun Rd Houston, TX	3.0	2.5	1304	$2,250	$1.73	25d	1	0.64mi
4530 Mayflower St Houston, TX	3.0	2.0	1302	$1,800	$1.38	44d	1	0.70mi
4538 Clover St Houston, TX	4.0	2.0	1768	$1,595	$0.90	44d	1	0.70mi
7806 Comal St Unit B Houston, TX	3.0	2.5	1800	$2,200	$1.22	44d	1	0.70mi
4723 Mallow St Houston, TX	3.0	2.5	1472	$1,850	$1.26	6d	1	0.90mi
7321 Conley St Unit B Houston, TX	3.0	2.0	1501	$2,025	$1.35	21d	1	1.00mi
7321 Conley St Unit A Houston, TX	3.0	2.5	1869	$2,025	$1.08	21d	1	1.00mi
7918 Jutland Rd Houston, TX	3.0	1.0	996	$1,295	$1.30	44d	1	1.06mi
3846 Seabrook St Houston, TX	3.0	3.5	1833	$2,300	$1.25	44d	1	1.07mi
7710 Darnay Dr Houston, TX	3.0	3.0	1635	$2,095	$1.28	44d	1	1.09mi
3732 Seabrook St Houston, TX	3.0	2.5	1727	$2,350	$1.36	25d	1	1.13mi
4810 Wilmington St Unit A Houston, TX	3.0	2.0	1165	$1,650	$1.42	44d	1	1.21mi
7358 Guadalcanal Rd Houston, TX	3.0	3.0	1768	$2,195	$1.24	44d	1	1.22mi
5222 Northridge Dr Houston, TX	4.0	2.0	1300	$1,850	$1.42	25d	1	1.23mi
9606 Ashville Dr Unit B Houston, TX	3.0	2.0	1610	$1,570	$0.98	44d	1	1.25mi
5036 Mallow St Houston, TX	3.0	3.0	1472	$2,050	$1.39	44d	1	1.26mi
4918 Wilmington St Unit A Houston, TX	3.0	3.0	1300	$2,100	$1.62	44d	1	1.29mi
7032 Conley St Houston, TX	3.0	2.0	1220	$2,850	$2.34	44d	1	1.32mi
2910 Reed Rd Houston, TX	3.0	2.0	1221	$1,228	$1.01	0d	3	1.32mi
2725 Reed Rd Houston, TX	1.0–3.0	1.0–2.5	911	$975	$1.07	44d	1	1.34mi
9610 Buffum St Houston, TX	3.0	3.0	1605	$1,799	$1.12	44d	1	1.40mi
4921a Pederson St Unit A Houston, TX	3.0	2.0	1765	$2,150	$1.22	13d	1	1.41mi
5314 Longmeadow St Houston, TX	3.0	3.0	1646	$1,900	$1.15	44d	1	1.43mi
6928 Paris St Houston, TX	3.0	2.0	1276	$1,900	$1.49	0d	1	1.44mi
6926 Paris St Houston, TX	3.0	2.0	1276	$1,900	$1.49	0d	1	1.44mi
5012 Higgins St Unit B Houston, TX	3.0	2.5	1611	$1,650	$1.02	25d	1	1.45mi
5407 Thrush Dr Houston, TX	4.0	1.0	1407	$1,495	$1.06	14d	1	1.47mi
4942 Bataan Rd Unit 77033 Houston, TX	4.0	2.0	1350	$1,800	$1.33	44d	1	1.48mi

Listing history 30 events

1. 2026-06-18
   days on market $174,990 Active 41 DOM
2. 2026-06-17
   days on market $174,990 Active 40 DOM
3. 2026-06-16
   days on market $174,990 Active 39 DOM
4. 2026-06-15
   days on market $174,990 Active 38 DOM
5. 2026-06-13
   days on market $174,990 Active 36 DOM
6. 2026-06-10
   days on market $174,990 Active 32 DOM
7. 2026-06-08
   days on market $174,990 Active 31 DOM
8. 2026-06-07
   days on market $174,990 Active 30 DOM
9. 2026-06-04
   days on market $174,990 Active 27 DOM
10. 2026-06-01
    days on market $174,990 Active 24 DOM
11. 2026-05-31
    days on market $174,990 Active 23 DOM
12. 2026-05-08
    listed $174,990 Active 548-char remark
13. 2026-05-08
    historical
14. 2026-04-21
    listed $1,650
15. 2026-04-03
    price $174,990
16. 2026-02-19
    listed $185,000 Active
17. 2025-12-10
    historical
18. 2025-10-15
    price $199,000
19. 2025-09-05
    price $208,000
20. 2025-08-07
    price $218,900
21. 2025-06-13
    listed $230,000 Active
22. 2020-11-06
    soldstatus Sold
23. 2020-11-06
    soldstatus
24. 2020-10-18
    status Pending
25. 2020-10-09
    status Option Pending
26. 2020-08-18
    listed $169,000 Active
27. 2019-11-26
    soldstatus
28. 2019-05-15
    soldstatus $42,500
29. 2017-06-06
    soldstatus
30. 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: $4,200 · $350/mo
• Projected year-2 tax: $4,200 · $350/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 7/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 24 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

Taxation est. · year 1

• Rental income: $27,804
• − Mortgage interest: −$9,802
• − Property taxes: −$4,200
• − Insurance: −$1,672
• − Repairs & maintenance: −$2,224
• − Management: −$2,224
• − Depreciation: −$5,091
• Taxable income: $2,590
• Est. tax owed @ 24.0%: −$622
• After-tax cash flow: $4,459/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): 19,795
• Household income: $37,415
• Rent vs Own: 58.2% rent · 41.8% own
• Severe rent burden: 1446.0

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: Predominantly Black (77%)
• Race & ethnicity: Black 77% Hispanic / Latino 16% Two or more races 11% White 3%
• Hispanic origin (detail): Mexican 6% Puerto Rican 1%
• Foreign-born: 8% · Canada, China
• Languages at home: 88% English-only · Spanish 10%

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: ▲ 16.02%
• Current HPI: 180.4283
• Rent YoY: ▲ 4.77%
• 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

-96.1% since first listed

20 events — show timeline

• 2026-06-09 Rental Removed $1,650 HARMLS
• 2026-05-08 Listing Removed — HARMLS
• 2026-05-08 Listed $174,990 HARMLS
• 2026-04-21 Listed for Rent $1,650 HARMLS
• 2026-04-03 Price Changed $174,990 HARMLS
• 2026-02-19 Listed $185,000 HARMLS
• 2025-12-10 Listing Removed — HARMLS
• 2025-10-15 Price Changed $199,000 HARMLS
• 2025-09-05 Price Changed $208,000 HARMLS
• 2025-08-07 Price Changed $218,900 HARMLS
• 2025-06-13 Listed $230,000 HARMLS
• 2020-11-06 Sold (Public Records) — Public Records
• 2020-11-06 Sold (MLS) — HARMLS
• 2020-10-18 Pending — HARMLS
• 2020-10-09 Pending — HARMLS
• 2020-08-18 Listed $169,000 HARMLS
• 2019-11-26 Sold (Public Records) — Public Records
• 2019-05-15 Sold (Public Records) $42,500 Public Records
• 2017-06-06 Sold (Public Records) — Public Records
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+14.6%/yr

Latest (2025): $4,200 · +0.8% YoY. Source: county tax records.