3210 Highland Laurels Dr · Houston, TX 77345

$289,900

4 bd · 2.5 ba · 2,284 sqft · SingleFamily public records · 181 Days on market

Built 1982 8,141 sqft lot $127/sqft · at area comps Est $299k · at est. $29/mo HOA · 1% of rent

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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 +8.9/15.0
• Cash flow +8.0/30.0
• Appreciation +5.2/10.0
• Schools +3.9/10.0
• Livability +3.7/5.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.1/10.0

Listing remarks MLS

Flooded with natural light and designed to impress, this stunning home delivers space, style, and endless possibilities from the moment you step inside! Expansive windows throughout create a bright, airy atmosphere that highlights the home’s welcoming layout and comfortable living spaces. The oversized backyard is a true standout—perfect for entertaining, play, gardening, or future outdoor upgrades—offering room to breathe and enjoy Texas living at its finest. An additional versatile room provides the flexibility to become a private home office, game room, creative studio, or whatever fits your lifestyle needs. Thoughtfully designed and full of potential, this property blends everyday comfort with exceptional functionality, making it an ideal place to relax, work, and entertain all in one beautiful setting.

Key facts

• Versatile room
• Expansive windows
• Oversized backyard

Tags

• OVERSIZED BACKYARD
• EXPANSIVE WINDOWS
• VERSATILE ROOM

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $290k.

Deal economics

• At list price, monthly cash flow is $-292 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $238k (17.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (15.8% below list).
• Recommended offer: $238k (17.8% below list) — sets the bar for cash-flow.
• Cap rate 5.1% 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.
• Humble ISD (urban): math 38% / reading 44% proficiency, ranked #262 of 826 in TX (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 184 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($2k loan paydown + $1k appreciation (0.5% local appreciation)).
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 9, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 181 days — a 12% lower offer ($255k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 17y ago; this cycle's ask has dropped $35k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $238,391 (17.8% 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. It's been on market 181 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.84% ✗
• Cap rate: 5.09%
• Cash-on-cash: -4.31%
• DSCR: 0.81
• GRM: 9.9

CMA / ARV

• ARV (median comp): $299,450
• List price: $289,900
• Delta: -3.19%
• 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
3215 Falling Brook Dr	0.09mi	4/2.5	2,373 (+4%)	0mo	$289,900	$122	89
3102 Greenwood Glen Dr	0.33mi	4/2.5	2,286 (+0%)	2mo	$369,900	$162	83
3115 Knoll Manor Dr	0.05mi	4/2.5	2,485 (+9%)	0mo	$329,900	$133	83
3815 Brook Shadow Dr	0.29mi	4/2.0	2,234 (-2%)	3mo	$304,500	$136	79
3311 Knoll Manor Dr	0.13mi	4/2.5	2,058 (-10%)	2mo	$310,000	$151	76
3619 Haven Pines Dr	0.41mi	4/2.5	2,373 (+4%)	2mo	$269,000	$113	73
3111 Falling Brook Dr	0.10mi	4/2.5	2,624 (+15%)	2mo	$329,000	$125	69
3007 Falling Brook Dr	0.22mi	4/2.5	2,593 (+14%)	1mo	$435,000	$168	66
3211 Park Garden Dr	0.65mi	4/2.0	2,233 (-2%)	1mo	$289,999	$130	63
3215 Park Garden Dr	0.64mi	4/2.5	2,376 (+4%)	2mo	$319,900	$135	62
3626 Bear Lake Dr	0.54mi	4/2.5	2,052 (-10%)	1mo	$345,000	$168	57
3618 Riverwood Park Dr	0.43mi	3/2.0 (-1)	1,997 (-13%)	1mo	$269,990	$135	51

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

Projected returns pro-forma

0.45% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.2%
• Equity multiple: 0.75×
• Total profit: $-20,661
• Equity at exit: $90,795

10-year hold

• IRR: 0.4%
• Equity multiple: 1.05×
• Total profit: $3,986
• Equity at exit: $114,571

Cash invested: $81,172 (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 77345

• Home prices YoY: 0.2%
• Active inventory: 184
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,442 high
• Mortgage (P&I): −$1,520
• Tax from tax record: −$551 /mo · $6,609/yr
• Insurance: −$121
• HOA: −$29
• Vacancy / Maint / Mgmt: −$513
• Net cashflow: $-292

Break-even live

Break-even rent $2,811

Max offer price $238,391

Occupancy floor —

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: $72,475
• Closing costs: $8,697
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3102 Hickory Falls Dr Kingwood, TX	4.0	2.5	3336	$2,485	$0.74	3d	1	0.40mi
3619 Maple Glen Dr Kingwood, TX	4.0	2.0	2332	$2,149	$0.92	17d	1	0.43mi
4535 Echo Falls Dr Kingwood, TX	4.0	2.5	2184	$2,145	$0.98	2d	1	0.95mi
3334 Birch Creek Dr Kingwood, TX	5.0	3.5	2950	$2,695	$0.91	44d	1	1.07mi
3007 Birch Creek Dr Humble, TX	3.0	2.0	1603	$1,795	$1.12	24d	1	1.19mi
3327 Sycamore Springs Dr Kingwood, TX	3.0	2.0	1619	$1,683	$1.04	22d	1	1.21mi
3327 Sycamore Springs Dr Kingwood, TX	3.0	2.0	1619	$1,575	$0.97	19d	1	1.21mi
3303 Sycamore Springs Dr Kingwood, TX	4.0	2.5	2010	$2,006	$1.00	5d	1	1.23mi
3806 Village Oaks Dr Kingwood, TX	4.0	2.5	2465	$2,300	$0.93	22d	1	1.36mi
3918 Forest Village Dr Kingwood, TX	4.0	2.5	2354	$2,350	$1.00	24d	1	1.39mi

HOA detail

• Monthly dues: $29 · $348/yr

Listing history 21 events

1. 2026-06-18
   days on market $289,900 Active 181 DOM
2. 2026-06-17
   days on market $289,900 Active 180 DOM
3. 2026-06-16
   days on market $289,900 Active 179 DOM
4. 2026-06-15
   pricedays on market $289,900 Active 178 DOM
5. 2026-06-13
   days on market $299,999 Active 176 DOM
6. 2026-06-13
   days on market $299,999 Active 175 DOM
7. 2026-06-09
   days on market $299,999 Active 172 DOM
8. 2026-06-08
   days on market $299,999 Active 171 DOM
9. 2026-06-07
   days on market $299,999 Active 170 DOM
10. 2026-06-04
    days on market $299,999 Active 167 DOM
11. 2026-06-03
    days on market $299,999 Active 166 DOM
12. 2026-06-02
    days on market $299,999 Active 165 DOM
13. 2026-06-01
    days on market $299,999 Active 164 DOM
14. 2026-05-31
    days on market $299,999 Active 163 DOM
15. 2026-04-22
    price $299,999 836-char remark

    Show marketing remark (836 chars)

    Flooded with natural light and designed to impress, this stunning home delivers space, style, and endless possibilities from the moment you step inside! Expansive windows throughout create a bright, airy atmosphere that highlights the home’s welcoming layout and comfortable living spaces. The oversized backyard is a true standout—perfect for entertaining, play, gardening, or future outdoor upgrades—offering room to breathe and enjoy Texas living at its finest. An additional versatile room provides the flexibility to become a private home office, game room, creative studio, or whatever fits your lifestyle needs. Thoughtfully designed and full of potential, this property blends everyday comfort with exceptional functionality, making it an ideal place to relax, work, and entertain all in one beautiful setting.

16. 2025-12-19
    listed $325,000 Active 836-char remark

    Show marketing remark (836 chars)

    Flooded with natural light and designed to impress, this stunning home delivers space, style, and endless possibilities from the moment you step inside! Expansive windows throughout create a bright, airy atmosphere that highlights the home’s welcoming layout and comfortable living spaces. The oversized backyard is a true standout—perfect for entertaining, play, gardening, or future outdoor upgrades—offering room to breathe and enjoy Texas living at its finest. An additional versatile room provides the flexibility to become a private home office, game room, creative studio, or whatever fits your lifestyle needs. Thoughtfully designed and full of potential, this property blends everyday comfort with exceptional functionality, making it an ideal place to relax, work, and entertain all in one beautiful setting.

17. 2009-11-24
    soldstatus
18. 2009-11-20
    soldstatus 506-char remark

    Show marketing remark (506 chars)

    RELAX IN THE PORCH OF THIS WARM & COZY TWO STORY LOCATED IN THE HEART OF KINGWOOD,ON A QUIET STREET.LOTS OF UPGRADES.TRAVERTINE BACKSPLASH,GRANITE COUNTERTOPS,REFINISHED CABINETS,WET BAR, WINE RACK,BUILT-IN BKSHLF IN GMRM,ATTIC CONVERSION TO STRG WITH A/C,BTH/TUB SLIDING DOORS. HEATER/2008.CARPET/2007.PATIO EXTENSION,SLATE ON PATIO/PORCH.4BDRM,2.5BTHRM,GMRM,2CAR/GRG.COVERED PATIO.MAGNIFICENT STATELY TREES.VERY LOW TAXES,EXCELLENT SCHOOLS.SHORT DISTANCE TO SCHOOLS,METRO PARK,LIBRARY & SHOPPING.

19. 2009-10-22
    historical 506-char remark

    Show marketing remark (506 chars)

    RELAX IN THE PORCH OF THIS WARM & COZY TWO STORY LOCATED IN THE HEART OF KINGWOOD,ON A QUIET STREET.LOTS OF UPGRADES.TRAVERTINE BACKSPLASH,GRANITE COUNTERTOPS,REFINISHED CABINETS,WET BAR, WINE RACK,BUILT-IN BKSHLF IN GMRM,ATTIC CONVERSION TO STRG WITH A/C,BTH/TUB SLIDING DOORS. HEATER/2008.CARPET/2007.PATIO EXTENSION,SLATE ON PATIO/PORCH.4BDRM,2.5BTHRM,GMRM,2CAR/GRG.COVERED PATIO.MAGNIFICENT STATELY TREES.VERY LOW TAXES,EXCELLENT SCHOOLS.SHORT DISTANCE TO SCHOOLS,METRO PARK,LIBRARY & SHOPPING.

20. 2009-10-04
    listed $160,000 506-char remark

    Show marketing remark (506 chars)

    RELAX IN THE PORCH OF THIS WARM & COZY TWO STORY LOCATED IN THE HEART OF KINGWOOD,ON A QUIET STREET.LOTS OF UPGRADES.TRAVERTINE BACKSPLASH,GRANITE COUNTERTOPS,REFINISHED CABINETS,WET BAR, WINE RACK,BUILT-IN BKSHLF IN GMRM,ATTIC CONVERSION TO STRG WITH A/C,BTH/TUB SLIDING DOORS. HEATER/2008.CARPET/2007.PATIO EXTENSION,SLATE ON PATIO/PORCH.4BDRM,2.5BTHRM,GMRM,2CAR/GRG.COVERED PATIO.MAGNIFICENT STATELY TREES.VERY LOW TAXES,EXCELLENT SCHOOLS.SHORT DISTANCE TO SCHOOLS,METRO PARK,LIBRARY & SHOPPING.

21. 1988-07-02
    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: $6,609 · $551/mo
• Projected year-2 tax: $6,609 · $551/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 ≥110°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: $29,304
• − Mortgage interest: −$16,239
• − Property taxes: −$6,609
• − Insurance: −$1,450
• − Repairs & maintenance: −$2,344
• − Management: −$2,344
• − HOA: −$348
• − Depreciation: −$8,433
• Taxable loss: −$8,463
• Est. tax savings @ 24.0%: +$2,031
• After-tax cash flow: $-1,468/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: Humble ISD
• NCES district ID: 4823910
• Math proficiency: 38% ▼ -11.00%
• Reading proficiency: 44% ▼ -7.00%
• Median HH income: $83,946
• Composite: 38.55/100
• National rank: #4171
• State rank: #262 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): 27,917
• Household income: $150,742
• Rent vs Own: 14.0% rent · 86.0% own
• Severe rent burden: 307.0

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 White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 14% Two or more races 10% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Lithuanian 6% Italian 4% Slovak 3%
• Foreign-born: 8% · Canada, China, Dominican Republic
• Languages at home: 89% English-only · Spanish 7% Other Indo-European 1% Other Asian/Pacific 1%

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: ▲ 0.45%
• Current HPI: 210.6244
• Rent YoY: —
• 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

+87.5% since first listed

7 events — show timeline

• 2026-04-22 Price Changed $299,999 HARMLS
• 2025-12-19 Listed $325,000 HARMLS
• 2009-11-24 Sold (Public Records) — Public Records
• 2009-11-20 Sold (MLS) — HARMLS
• 2009-10-22 Listing Removed — HARMLS
• 2009-10-04 Listed $160,000 HARMLS
• 1988-07-02 Sold (Public Records) — Public Records

Property tax history

+8.6%/yr

Latest (2025): $6,609 · -4.0% YoY. Source: county tax records.