825 Grove St · Deer Park, TX 77536

$199,000

3 bd · 1.0 ba · 1,215 sqft · SingleFamily public records · 26 Days on market

Built 1952 6,507 sqft lot $164/sqft · at area comps Est $201k · at est.

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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).

• Cash flow +13.2/30.0
• ARV discount +7.8/15.0
• 1% rule +4.4/10.0
• Schools +4.3/10.0
• DSCR +4.0/10.0
• Livability +3.6/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to this beautifully updated gem in Deer Park—where small-town charm meets big convenience! Located within walking distance to both Deer Park High School and the junior high, this home is perfectly positioned for easy daily living. Fully remodeled in 2021, it features modern updates buyers are searching for, including PEX plumbing, blown-in insulation, refinished hardwood floors in the main living area, and fresh, move-in-ready finishes throughout. With 3 bedrooms, 1.5 baths, and 1,215 sq ft, the layout is both functional and inviting.Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes in a highly desirable Deer Park location!

Key facts

• 6,507 sq ft lot
• Garage
• Built 1952

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $-3 ($-38/yr) — negative.
• To cash-flow at today's rent, offer at most $198k (0.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $187k (6.0% below list).
• Recommended offer: $187k (6.0% below list) — sets the bar for 1% rule.
• Cap rate 6.3% vs local median 3.7% in Deer Park — 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 72/100 on livability (#244 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: amenities C-, commute F.
• Deer Park ISD (suburban): math 50% / reading 47% proficiency, ranked #170 of 826 in TX (top 21%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: San Jacinto El (math 40% / reading 47%, grade F, #1,269 of 4,322 statewide, top 30%, 801 students, 52% FRL); Deer Park J H (math 60% / reading 55%, grade B, #206 of 1,662 statewide, top 13%, 863 students, 40% FRL); Deer Park H S (math 57% / reading 59%, grade C, #320 of 1,632 statewide, top 20%, 4,026 students, 38% FRL) — zoned schools at 43% FRL track the district average.
• Market conditions: Rents rising (+2.3%/yr); 170 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 26 days — a 2% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 15y 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: built in 1952 — 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.

Recommended offer $186,994 (6.0% 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. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 0.94% ✗
• Cap rate: 6.27%
• Cash-on-cash: -0.07%
• DSCR: 1.00
• GRM: 8.9

CMA / ARV

• ARV (median comp): $200,520
• List price: $199,000
• Delta: -0.76%
• 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
825 Grove St	0.00mi	3/1.5	1,215 (0%)	1mo	$199,000	$164	98
1202 Dutch St	0.28mi	3/1.0	1,200 (-1%)	1mo	$199,000	$166	84
118 E 10th St	0.10mi	3/2.0	1,310 (+8%)	2mo	$230,000	$176	76
221 E 2nd St	0.38mi	4/1.0 (+1)	1,214 (-0%)	4mo	$175,000	$144	74
842 Dutch St	0.22mi	3/2.0	1,120 (-8%)	0mo	$210,000	$188	72
129 Sylvia St	0.57mi	3/1.5	1,200 (-1%)	2mo	$150,000	$125	68
206 Irene St	0.54mi	3/1.5	1,173 (-4%)	1mo	$199,999	$171	66
305 Helen Dr	0.30mi	3/1.5	1,099 (-10%)	2mo	$139,900	$127	66
313 Ellen Dr	0.41mi	3/1.0	1,100 (-10%)	2mo	$190,000	$173	63
402 Alice Ln	0.40mi	3/2.0	1,326 (+9%)	2mo	$244,500	$184	60
437 E 2nd St	0.46mi	4/2.0 (+1)	1,300 (+7%)	2mo	$199,999	$154	56
418 E 1st St	0.46mi	3/1.0	1,382 (+14%)	5mo	$110,000	$80	52

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 · 2.26% rent growth · sell at horizon

5-year hold

• IRR: -17.3%
• Equity multiple: 0.39×
• Total profit: $-33,736
• Equity at exit: $29,672

10-year hold

• IRR: -10.7%
• Equity multiple: 0.37×
• Total profit: $-34,845
• Equity at exit: $17,206

Cash invested: $55,720 (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 77536

• Home prices YoY: -24.8%
• Rents YoY: 2.3%
• Active inventory: 170
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,870 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$354 /mo · $4,247/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $-3

Break-even live

Break-even rent $1,874

Max offer price $198,445

Occupancy floor 95%

Sensitivity live

Price	-10% $110	-5% $53	+0% $-3	+5% $-59	+10% $-116
Rent	-10% $-151	-5% $-77	+0% $-3	+5% $71	+10% $145
Rate	-1.0pp $97	-0.5pp $47	base $-3	+0.5pp $-55	+1.0pp $-107

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
813 Luella Ave Deer Park, TX	3.0	2.0	1266	$1,781	$1.41	45d	1	0.52mi

Listing history 22 events

1. 2026-05-17
   status Pending 692-char remark

   Show marketing remark (692 chars)

   Welcome home to this beautifully updated gem in Deer Park—where small-town charm meets big convenience! Located within walking distance to both Deer Park High School and the junior high, this home is perfectly positioned for easy daily living. Fully remodeled in 2021, it features modern updates buyers are searching for, including PEX plumbing, blown-in insulation, refinished hardwood floors in the main living area, and fresh, move-in-ready finishes throughout. With 3 bedrooms, 1.5 baths, and 1,215 sq ft, the layout is both functional and inviting.Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes in a highly desirable Deer Park location!

2. 2026-05-08
   status Pending 692-char remark

   Show marketing remark (692 chars)

   Welcome home to this beautifully updated gem in Deer Park—where small-town charm meets big convenience! Located within walking distance to both Deer Park High School and the junior high, this home is perfectly positioned for easy daily living. Fully remodeled in 2021, it features modern updates buyers are searching for, including PEX plumbing, blown-in insulation, refinished hardwood floors in the main living area, and fresh, move-in-ready finishes throughout. With 3 bedrooms, 1.5 baths, and 1,215 sq ft, the layout is both functional and inviting.Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes in a highly desirable Deer Park location!

3. 2026-05-08
   status Active 692-char remark

   Show marketing remark (692 chars)

   Welcome home to this beautifully updated gem in Deer Park—where small-town charm meets big convenience! Located within walking distance to both Deer Park High School and the junior high, this home is perfectly positioned for easy daily living. Fully remodeled in 2021, it features modern updates buyers are searching for, including PEX plumbing, blown-in insulation, refinished hardwood floors in the main living area, and fresh, move-in-ready finishes throughout. With 3 bedrooms, 1.5 baths, and 1,215 sq ft, the layout is both functional and inviting.Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes in a highly desirable Deer Park location!

4. 2026-05-05
   status Pending 692-char remark

   Show marketing remark (692 chars)

   Welcome home to this beautifully updated gem in Deer Park—where small-town charm meets big convenience! Located within walking distance to both Deer Park High School and the junior high, this home is perfectly positioned for easy daily living. Fully remodeled in 2021, it features modern updates buyers are searching for, including PEX plumbing, blown-in insulation, refinished hardwood floors in the main living area, and fresh, move-in-ready finishes throughout. With 3 bedrooms, 1.5 baths, and 1,215 sq ft, the layout is both functional and inviting.Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes in a highly desirable Deer Park location!

5. 2026-04-20
   listed $199,000 Active 692-char remark

   Show marketing remark (692 chars)

   Welcome home to this beautifully updated gem in Deer Park—where small-town charm meets big convenience! Located within walking distance to both Deer Park High School and the junior high, this home is perfectly positioned for easy daily living. Fully remodeled in 2021, it features modern updates buyers are searching for, including PEX plumbing, blown-in insulation, refinished hardwood floors in the main living area, and fresh, move-in-ready finishes throughout. With 3 bedrooms, 1.5 baths, and 1,215 sq ft, the layout is both functional and inviting.Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes in a highly desirable Deer Park location!

6. 2026-04-20
   historical $199,000 692-char remark

   Show marketing remark (692 chars)

   Welcome home to this beautifully updated gem in Deer Park—where small-town charm meets big convenience! Located within walking distance to both Deer Park High School and the junior high, this home is perfectly positioned for easy daily living. Fully remodeled in 2021, it features modern updates buyers are searching for, including PEX plumbing, blown-in insulation, refinished hardwood floors in the main living area, and fresh, move-in-ready finishes throughout. With 3 bedrooms, 1.5 baths, and 1,215 sq ft, the layout is both functional and inviting.Whether you're a first-time buyer, downsizing, or investing, this home checks all the boxes in a highly desirable Deer Park location!

7. 2021-07-08
   soldstatus
8. 2021-07-06
   soldstatus
9. 2021-06-30
   soldstatus Sold 390-char remark

   Show marketing remark (390 chars)

   Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

10. 2021-06-16
    status Pending 390-char remark

    Show marketing remark (390 chars)

    Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

11. 2021-06-11
    status Option Pending 390-char remark

    Show marketing remark (390 chars)

    Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

12. 2021-06-11
    status Active 390-char remark

    Show marketing remark (390 chars)

    Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

13. 2021-06-11
    status Pending 390-char remark

    Show marketing remark (390 chars)

    Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

14. 2021-06-07
    status Option Pending 390-char remark

    Show marketing remark (390 chars)

    Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

15. 2021-06-02
    price $154,990 390-char remark

    Show marketing remark (390 chars)

    Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

16. 2021-05-21
    listed $179,990 Active 390-char remark

    Show marketing remark (390 chars)

    Great Home for Investors. The home features 3 bedrooms and 1 bathroom with hard wood floors throughout the home. Large backyard is great for entertaining. There is a Jacuzzi in the backyard, will need work to restore. Water heater and A/C condenser was replaced 3 years ago. Home needs some TLC. You can't get into this school district for this price. Pictures are from 2011. See it today!!

17. 2021-04-08
    soldstatus
18. 2011-09-27
    soldstatus
19. 2011-09-27
    soldstatus
20. 2011-09-20
    historical
21. 2011-06-05
    listed $79,900
22. 1988-01-01
    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: $4,247 · $354/mo
• Projected year-2 tax: $4,247 · $354/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 (shaded) · 22% 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 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,439
• − Mortgage interest: −$11,147
• − Property taxes: −$4,247
• − Insurance: −$995
• − Repairs & maintenance: −$1,795
• − Management: −$1,795
• − Depreciation: −$5,789
• Taxable loss: −$3,329
• Est. tax savings @ 24.0%: +$799
• After-tax cash flow: $761/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: Deer Park ISD
• NCES district ID: 4816530
• Math proficiency: 50% ▼ -10.00%
• Reading proficiency: 47% ▼ -3.00%
• Median HH income: $68,227
• Composite: 43.3/100
• National rank: #3039
• State rank: #170 of 826 in TX

Livability — Deer Park

• Score: 72/100
• State rank: #244
• US rank: #5835

Category grades

Amenities C- Commute F Cost of living A+ Crime A Employment B Housing A+ Health & safety B- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Deer Park, TX
• County: Harris County · 4,702,590 people
• City population: 33,174
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 33,174
• Household income: $102,045
• Rent vs Own: 20.0% rent · 80.0% own
• Severe rent burden: 583.0

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 White (58%)
• Race & ethnicity: White 58% Hispanic / Latino 36% Two or more races 15% Black 3% Native American 1%
• Hispanic origin (detail): Mexican 33%
• Common ancestry: Italian 3% Slovak 2% Lithuanian 2%
• Foreign-born: 7% · Canada
• Languages at home: 83% English-only · Spanish 17%

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: ▼ -83.30%
• Current HPI: 253.1973
• Rent YoY: ▲ 2.26%
• 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

+149.1% since first listed

22 events — show timeline

• 2026-05-17 Pending — HARMLS
• 2026-05-08 Pending — HARMLS
• 2026-05-08 Relisted — HARMLS
• 2026-05-05 Pending — HARMLS
• 2026-04-20 Listed $199,000 HARMLS
• 2026-04-20 Coming Soon $199,000 HARMLS
• 2021-07-08 Sold (Public Records) — Public Records
• 2021-07-06 Sold (Public Records) — Public Records
• 2021-06-30 Sold (MLS) — HARMLS
• 2021-06-16 Pending — HARMLS
• 2021-06-11 Pending — HARMLS
• 2021-06-11 Relisted — HARMLS
• 2021-06-11 Pending — HARMLS
• 2021-06-07 Pending — HARMLS
• 2021-06-02 Price Changed $154,990 HARMLS
• 2021-05-21 Listed $179,990 HARMLS
• 2021-04-08 Sold (Public Records) — Public Records
• 2011-09-27 Sold (Public Records) — Public Records
• 2011-09-27 Sold (MLS) — HARMLS
• 2011-09-20 Listing Removed — HARMLS
• 2011-06-05 Listed $79,900 HARMLS
• 1988-01-01 Sold (Public Records) — Public Records

Property tax history

+6.9%/yr

Latest (2025): $4,247 · +2.6% YoY. Source: county tax records.