1110 Birdsall St · Houston, TX
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.68%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 109°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 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 +14.6/30.0
- 1% rule +4.7/10.0
- DSCR +4.5/10.0
- Livability +3.7/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$429,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
LOCATION! Elegant three story townhome just blocks from Memorial Park in a convenient location with quick access to all freeways and minutes from Downtown, Midtown, & the Galleria. NO HOA FEE! NEW ROOF! Fresh interior paint, updated light fixtures, & recessed lighting. Hardwood floors throughout w/ designer tile in all wet areas. No carpet. High ceilings & an open floor plan create a bright and spacious feel. Large living room features a beautiful gas log fireplace and French doors that open to a private balcony, perfect for relaxing. Spacious kitchen with slab granite countertops and a convenient office nook. First floor includes a bedroom w full bath, ideal for guests. Thi
Key facts
- Private balcony
- Three story townhome
- Large walk in closet
Tags
Property features AI
Finance
- Other: Lease not considered
Exterior
- Parking: Attached 2-car garage
- Utilities: Public water; Public sewer
- Home design: Residential property; 3 stories; Built in 2003; Slab foundation; Composition roof
- Construction: Brick, cement siding, and stucco exterior
- Exterior features: Balcony; Deck; Patio; Private yard; Fence
Interior
- Kitchen: Gas range; Electric oven; Oven; Microwave; Dishwasher; Disposal
- Bedrooms: Primary bedroom on third level (18 x 14); Bedroom on second level (11 x 10); Bedroom on first level (12 x 10)
- Flooring: Tile; Wood
- Bathrooms: 3 full bathrooms; 1 half bathroom
- Heating & cooling: Central heating (gas); Central air (electric)
- Interior features: Gas log fireplace (1); Double vanity; Granite counters; Jetted tub; Separate shower; Ceiling fan(s)
- Laundry & utility: Dryer; Utility room (third level)
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/3.5-bath townhouse listed at $430k.
Deal economics
- At list price, monthly cash flow is $104 ($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 $416k (3.2% below list).
- Recommended offer: $416k (3.2% below list) — sets the bar for 1% rule.
- Cap rate 6.6% 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 (-0.8%/yr); 646 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
- This rent runs 34% of the median local income ($145k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
- Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 28 days — a 2% lower offer ($423k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 24y 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
- 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.
Questions for the listing agent
- 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?
- 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?
- 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 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
- 0.97% ✗
- Cap rate
- 6.58%
- Cash-on-cash
- 1.04%
- DSCR
- 1.05
- GRM
- 8.6
CMA / ARV
- ARV (median comp)
- $558,188
- List price
- $429,900
- Delta
- -21.19%
- 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 |
|---|---|---|---|---|---|---|---|
| 910 Malone St #104 | 0.10mi | 2/2.5 (-1) | 2,312 (-2%) | 1mo | $499,900 | $216 | 83 |
| 5208 Blossom St #5 | 0.43mi | 3/3.5 | 2,340 (-0%) | 0mo | $435,000 | $186 | 79 |
| 5811 Rose St | 0.18mi | 3/2.5 | 2,477 (+5%) | 0mo | $735,000 | $297 | 78 |
| 1361 Moy St | 0.36mi | 3/3.5 | 2,275 (-3%) | 1mo | $450,000 | $198 | 77 |
| 5618 Lacy St | 0.47mi | 3/3.5 | 2,400 (+2%) | 1mo | $609,000 | $254 | 74 |
| 409 Detering St | 0.40mi | 3/3.5 | 2,462 (+5%) | 1mo | $494,000 | $201 | 73 |
| 6302 Prague St | 0.46mi | 3/3.5 | 2,205 (-6%) | 1mo | $749,999 | $340 | 68 |
| 5527 Darling Unit A | 0.58mi | 3/2.5 | 2,401 (+2%) | 1mo | $450,000 | $187 | 64 |
| 6227 Haskell St | 0.44mi | 2/2.5 (-1) | 2,488 (+6%) | 0mo | $749,000 | $301 | 61 |
| 6501 Rodrigo St | 0.50mi | 3/3.5 | 2,569 (+9%) | 1mo | $840,000 | $327 | 60 |
| 918 Cohn St | 0.13mi | 2/2.0 (-1) | 2,022 (-14%) | 1mo | $420,000 | $208 | 59 |
| 5617 Kiam St Unit A | 0.70mi | 3/3.5 | 2,126 (-10%) | 1mo | $370,000 | $174 | 50 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -18.3%
- Equity multiple
- 0.38×
- Total profit
- $-75,040
- Equity at exit
- $64,099
- IRR
- -18.6%
- Equity multiple
- 0.14×
- Total profit
- $-103,150
- Equity at exit
- $37,170
Cash invested: $120,372 (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 77007
- Rents YoY
- -0.8%
- Active inventory
- 646
- Price-to-rent
- 8.6×
Monthly cashflow live
- Estimated rent
- $4,160 high interval (Pro) →
- Mortgage (P&I)
- −$2,254
- Tax from tax record
- −$749 /mo · $8,987/yr
- Insurance
- −$179
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$874
- Net cashflow
- $104
Break-even live
Sensitivity live
| Price | -10% $347 | -5% $226 | +0% $104 | +5% $-18 | +10% $-139 |
|---|---|---|---|---|---|
| Rent | -10% $-225 | -5% $-60 | +0% $104 | +5% $268 | +10% $433 |
| Rate | -1.0pp $320 | -0.5pp $213 | base $104 | +0.5pp $-7 | +1.0pp $-121 |
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
- $107,475
- Closing costs
- $12,897
- 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 39 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 920 Westcott St Houston, TX | 1.0–2.0 | 1.0–2.0 | 1175 | $3,306 | $2.81 | 1d | 29 | 0.12mi |
| 5610 Schuler St Houston, TX | 3.0 | 3.5 | 2614 | $3,111 | $1.19 | 5d | 1 | 0.13mi |
| 5811 Maxie St Houston, TX | 3.0 | 3.5 | 2226 | $3,000 | $1.35 | 44d | 1 | 0.20mi |
| 929 Westcott St Houston, TX | 1.0–3.0 | 1.0–3.0 | 1375 | $9,263 | $6.74 | 3d | 22 | 0.22mi |
| 5305 Nett St Unit A Houston, TX | 3.0 | 3.5 | 2104 | $2,950 | $1.40 | 25d | 1 | 0.25mi |
| 5237 Center St Houston, TX | 3.0 | 3.0 | 2284 | $2,995 | $1.31 | 44d | 1 | 0.30mi |
| 2103 Radcliffe St Unit 1225772P Houston, TX | 3.0 | 2.0 | 1797 | $4,729 | $2.63 | 8d | 1 | 0.52mi |
| 2210 Radcliffe St Houston, TX | 3.0 | 3.5 | 2066 | $2,716 | $1.31 | 8d | 1 | 0.59mi |
| 100 Detering St Houston, TX | 1.0–3.0 | 1.0–3.0 | 1162 | $3,486 | $3.00 | 4d | 26 | 0.61mi |
| 4917 Nolda St Houston, TX | 3.0 | 3.5 | 1764 | $5,000 | $2.83 | 25d | 1 | 0.63mi |
| 5336 Darling St Unit 1225767P Houston, TX | 3.0 | 3.0 | 2292 | $5,570 | $2.43 | 8d | 1 | 0.64mi |
| 5620 Petty St Houston, TX | 4.0 | 3.5 | 2891 | $8,750 | $3.03 | 44d | 1 | 0.69mi |
| 5620 Petty St Unit 1019538P Houston, TX | 4.0 | 3.5 | 2884 | $16,259 | $5.64 | 22d | 1 | 0.69mi |
| 5235 Petty St Unit B Houston, TX | 3.0 | 2.5 | 2532 | $3,000 | $1.18 | 44d | 1 | 0.70mi |
| 5732 Darling St Unit 1056419P Houston, TX | 3.0 | 3.5 | 2400 | $7,771 | $3.24 | 44d | 1 | 0.71mi |
| 5108 Larkin St Houston, TX | 3.0 | 3.5 | 2108 | $2,850 | $1.35 | 45d | 1 | 0.72mi |
| 5201 Memorial Dr Houston, TX | 1.0–2.0 | 1.0–2.5 | 1071 | $3,361 | $3.14 | 2d | 21 | 0.73mi |
| 5530 Kiam St Houston, TX | 4.0 | 2.5 | 2688 | $9,750 | $3.63 | 44d | 1 | 0.73mi |
| 5530 Kiam St Unit 1019540P Houston, TX | 4.0 | 2.5 | 2680 | $15,799 | $5.90 | 44d | 1 | 0.73mi |
| 4608 Nett St Houston, TX | 3.0 | 4.0 | 2261 | $3,750 | $1.66 | 44d | 1 | 0.74mi |
| 5427 Kansas St Houston, TX | 3.0 | 4.0 | 2156 | $2,700 | $1.25 | 44d | 1 | 0.74mi |
| 543 T C Jester Blvd Unit 1225766P Houston, TX | 3.0 | 3.5 | 2389 | $5,222 | $2.19 | 16d | 1 | 0.75mi |
| 4508 Maxie St Unit B Houston, TX | 3.0 | 1.0 | 1700 | $3,003 | $1.77 | 15d | 1 | 0.83mi |
| 4444 Center St Houston, TX | 3.0 | 3.0 | 2121 | $3,200 | $1.51 | 44d | 1 | 0.86mi |
| 4510 Inker St Houston, TX | 4.0 | 4.0 | 2293 | $4,500 | $1.96 | 44d | 1 | 0.87mi |
| 915 Thompson St Unit 915 Houston, TX | 4.0 | 3.5 | 3200 | $8,500 | $2.66 | 25d | 1 | 0.95mi |
| 913 Thompson St #913 Houston, TX | 4.0 | 3.5 | 3200 | $8,500 | $2.66 | 25d | 1 | 0.95mi |
| 917 Thompson St Unit 917 Houston, TX | 4.0 | 3.5 | 3200 | $8,000 | $2.50 | 25d | 1 | 0.95mi |
| 911 Thompson St #911 Houston, TX | 4.0 | 3.5 | 3200 | $8,500 | $2.66 | 25d | 1 | 0.95mi |
| 4311 Marina St Houston, TX | 3.0 | 4.0 | 2328 | $3,599 | $1.55 | 44d | 1 | 0.96mi |
| 1221 Bonner St Houston, TX | 3.0 | 3.5 | 2252 | $3,200 | $1.42 | 44d | 1 | 1.02mi |
| 707 Marston St Unit 510 Houston, TX | 3.0 | 2.0 | 2310 | $12,482 | $5.40 | 3d | 1 | 1.16mi |
| 1027 Gross St Houston, TX | 4.0 | 3.5 | 3035 | $5,800 | $1.91 | 44d | 1 | 1.30mi |
| 3333 Allen Pkwy Unit 1000 Houston, TX | 2.0 | 2.5 | 1860 | $4,500 | $2.42 | 44d | 1 | 1.37mi |
| 1201 McDuffie St Houston, TX | 2.0 | 2.5 | 1600 | $2,800 | $1.75 | 17d | 2 | 1.37mi |
| 3001 W 11th St Houston, TX | 3.0 | 1.0–2.0 | 1031 | $4,533 | $4.40 | 1d | 50 | 1.38mi |
| 1958 W Gray St Unit 1991 Houston, TX | 3.0 | 2.0 | 3206 | $15,050 | $4.69 | 11d | 1 | 1.43mi |
| 1958 W Gray St Unit 3165 Houston, TX | 3.0 | 2.0 | 3206 | $15,018 | $4.68 | 3d | 1 | 1.43mi |
| 225 S Heights Blvd Houston, TX | 3.0 | 1.0–2.0 | 1186 | $3,085 | $2.60 | 3d | 18 | 1.48mi |
Listing history 24 events
-
2026-06-18days on market $429,900 Active 28 DOM
-
2026-06-17days on market $429,900 Active 27 DOM
-
2026-06-16days on market $429,900 Active 26 DOM
-
2026-06-15days on market $429,900 Active 25 DOM
-
2026-06-13days on market $429,900 Active 23 DOM
-
2026-06-10pricedays on market $429,900 Active 19 DOM
-
2026-06-08days on market $439,900 Active 18 DOM
-
2026-06-07days on market $439,900 Active 17 DOM
-
2026-06-04days on market $439,900 Active 14 DOM
-
2026-06-01days on market $439,900 Active 11 DOM
-
2026-05-31days on market $439,900 Active 10 DOM
-
2026-05-17historical
-
2026-04-23$439,900 Active
-
2026-04-21historical
-
2026-04-11$449,900 Active
-
2011-05-01historical
-
2010-09-21$293,500
-
2010-07-24historical
-
2010-01-26$299,000
-
2008-05-15soldstatus
-
2003-07-21historical
-
2003-04-22historical
-
2003-04-21$255,000
-
2002-07-29$250,000
ⓘ 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
- $8,987 · $749/mo
- Projected year-2 tax
- $8,987 · $749/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 6/10 Major FEMA zone X (unshaded) · 68% 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 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
- $49,920
- − Mortgage interest
- −$24,081
- − Property taxes
- −$8,987
- − Insurance
- −$2,150
- − Repairs & maintenance
- −$3,994
- − Management
- −$3,994
- − Depreciation
- −$12,506
- Taxable loss
- −$5,791
- Est. tax savings @ 24.0%
- +$1,390
- After-tax cash flow
- $2,637/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)
- 47,808
- Household income
- $144,911
- Rent vs Own
- Severe rent burden
- 1812.0
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
- Diverse neighborhood (Simpson 0.63)
- Race & ethnicity
- White 57% Hispanic / Latino 17% Two or more races 13% Asian 11% Black 9%
- Hispanic origin (detail)
- Mexican 12%
- Common ancestry
- Slovak 3% Romanian 3% Italian 3%
- Foreign-born
- 19% · Canada, China, South Korea
- Languages at home
- 75% English-only · Spanish 12% Other Indo-European 4% Chinese 2%
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
- ▼ -219.42%
- Current HPI
- 159.8157
- Rent YoY
- ▼ -0.83%
- 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
+72.0% since first listed16 events — show timeline
- 2026-06-18 Listing Removed — HARMLS
- 2026-06-09 Price Changed $429,900 HARMLS
- 2026-05-21 Listed $439,900 HARMLS
- 2026-05-17 Listing Removed — HARMLS
- 2026-04-23 Listed $439,900 HARMLS
- 2026-04-21 Listing Removed — HARMLS
- 2026-04-11 Listed $449,900 HARMLS
- 2011-05-01 Listing Removed — HARMLS
- 2010-09-21 Listed $293,500 HARMLS
- 2010-07-24 Listing Removed — HARMLS
- 2010-01-26 Listed $299,000 HARMLS
- 2008-05-15 Sold (Public Records) — Public Records
- 2003-07-21 Listing Removed — HARMLS
- 2003-04-22 Listing Removed — HARMLS
- 2003-04-21 Listed $255,000 HARMLS
- 2002-07-29 Listed $250,000 HARMLS
Property tax history
+4.6%/yrLatest (2025): $8,987 · +2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…