16703 Gold Bridge Ct · Houston, TX 77053

$165,000

2 bd · 2.0 ba · 1,296 sqft · SingleFamily public records · 1 Days on market

Built 1983 7,013 sqft lot $127/sqft · 12% below area Est $189k · 12% under

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Why this score? — see what drove the C- 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 +15.6/30.0
• ARV discount +13.1/15.0
• 1% rule +5.2/10.0
• DSCR +4.8/10.0
• Schools +4.5/10.0
• Livability +3.7/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Key facts

• 7,013 sq ft lot
• 2 garage spots
• Built 1983

Property features AI

Finance

• Other: Municipal Utility District disclosure provided

Exterior

• Parking: Attached garage with 2 spaces
• Utilities: Public water
• Home design: Residential property; Single-story (all main rooms listed on first level)
• Construction: Brick construction; Built in 1983; Composition roof; Slab foundation
• Exterior features: Corner lot

Interior

• Bedrooms: Primary bedroom on the first level, approximately 20 x 12; Two additional bedrooms on the first level, each approximately 11 x 10
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (gas)
• Interior features: One fireplace; Living room (First level), approximately 25 x 15

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $68 ($820/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Cap rate 6.8% 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.
• 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.
• Market conditions: Rents rising (+1.7%/yr); 115 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).
• This rent runs 30% of the median local income ($67k/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 $1k of loan paydown is wiped out by about $5k 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 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 4y ago; this cycle's ask has dropped $15k (8%) 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 $165,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 1.02% ✓
• Cap rate: 6.79%
• Cash-on-cash: 1.77%
• DSCR: 1.08
• GRM: 8.2

CMA / ARV

• ARV (median comp): $188,561
• List price: $165,000
• Delta: -1.89%
• 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
5419 Quail Cove Ln	0.24mi	3/2.0 (+1)	1,243 (-4%)	7mo	$205,000	$165	72
5422 Quail Cove Ln	0.27mi	3/2.0 (+1)	1,375 (+6%)	3mo	$215,000	$156	70
16715 Gold Bridge Ct	0.03mi	3/2.0 (+1)	1,458 (+12%)	6mo	$149,900	$103	67
16314 Edgemont Dr	0.48mi	3/2.0 (+1)	1,328 (+2%)	2mo	$180,000	$136	67
5007 Ridgecreek Dr	0.63mi	3/2.0 (+1)	1,336 (+3%)	0mo	$199,000	$149	60
16222 Coyridge Ln	0.67mi	3/2.0 (+1)	1,275 (-2%)	2mo	$235,000	$184	59
5606 Lyden Ridge Dr	0.66mi	3/2.0 (+1)	1,258 (-3%)	1mo	$194,900	$155	59
16123 Canaridge Dr	0.73mi	3/2.0 (+1)	1,265 (-2%)	0mo	$220,000	$174	56
6431 Marinwood Dr	0.60mi	3/2.0 (+1)	1,405 (+8%)	1mo	$270,000	$192	52
16319 Clearmont Dr	0.63mi	3/2.0 (+1)	1,177 (-9%)	1mo	$175,000	$149	49
5111 Raven Ridge Dr	0.73mi	3/2.0 (+1)	1,181 (-9%)	1mo	$175,000	$148	46
4923 Cotton Ridge Trl	0.75mi	3/2.0 (+1)	1,403 (+8%)	5mo	$230,000	$164	42

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 · 1.72% rent growth · sell at horizon

5-year hold

• IRR: -15.0%
• Equity multiple: 0.47×
• Total profit: $-24,429
• Equity at exit: $24,602

10-year hold

• IRR: -8.8%
• Equity multiple: 0.48×
• Total profit: $-23,830
• Equity at exit: $14,266

Cash invested: $46,200 (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 77053

• Rents YoY: 1.7%
• Active inventory: 115
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,685 high
• Mortgage (P&I): −$865
• Tax from tax record: −$329 /mo · $3,947/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $68

Break-even live

Break-even rent $1,599

Max offer price $165,000

Occupancy floor 91%

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16603 Sentinel Dr Houston, TX	3.0	2.0	1296	$1,799	$1.39	16d	1	0.11mi
5030 Shadowridge Dr Houston, TX	3.0	2.0	1310	$1,800	$1.37	43d	1	0.55mi
5030 Ridgecreek Dr Houston, TX	3.0	2.0	1399	$1,659	$1.19	2d	1	0.55mi
16432 Chimney Rock Rd Unit 2174 Houston, TX	2.0	2.0	1026	$1,327	$1.29	10d	1	0.71mi
16432 Chimney Rock Rd Unit 3174 Houston, TX	3.0	2.0	1349	$1,513	$1.12	10d	1	0.71mi
16432 Chimney Rock Rd Apt 424 Houston, TX	2.0	2.0	1026	$1,292	$1.26	5d	1	0.71mi
16432 Chimney Rock Rd Unit 3112 Houston, TX	3.0	2.0	1349	$1,481	$1.10	2d	1	0.71mi
16432 Chimney Rock Rd Unit 16489 Houston, TX	2.0	2.0	1026	$1,317	$1.28	43d	1	0.71mi
16432 Chimney Rock Rd Unit 2112 Houston, TX	2.0	2.0	1026	$1,284	$1.25	2d	1	0.71mi
16432 Chimney Rock Rd Unit 16465 Houston, TX	3.0	2.0	1349	$1,524	$1.13	43d	1	0.71mi
16211 Corsair Rd Houston, TX	3.0	2.0	1139	$1,813	$1.59	24d	1	0.72mi
5721 Melanite Ave Houston, TX	3.0	1.5	1634	$1,481	$0.91	19d	1	1.09mi
15810 Boonridge Rd Houston, TX	3.0	2.0	1221	$1,750	$1.43	43d	1	1.22mi
6406 Summer Ridge Dr Missouri City, TX	3.0	2.0	1624	$1,958	$1.21	2d	1	1.35mi
6610 Rowell Ct Missouri City, TX	3.0	2.0	1753	$2,056	$1.17	5d	1	1.46mi

Listing history 25 events

1. 2026-06-18
   pricedays on marketlisting id $165,000 Active 1 DOM
2. 2026-06-17
   days on market $175,000 Active 9 DOM
3. 2026-06-16
   days on market $175,000 Active 8 DOM
4. 2026-06-15
   days on market $175,000 Active 7 DOM
5. 2026-06-13
   days on market $175,000 Active 5 DOM
6. 2026-06-08
   pricedays on marketlisting id $175,000 Active 1 DOM
7. 2026-06-07
   days on market $185,000 Active 23 DOM
8. 2026-06-04
   days on market $185,000 Active 20 DOM
9. 2026-06-03
   days on market $185,000 Active 19 DOM
10. 2026-06-02
    days on market $185,000 Active 18 DOM
11. 2026-06-01
    days on market $185,000 Active 17 DOM
12. 2026-05-31
    days on market $185,000 Active 16 DOM
13. 2026-05-15
    listed $185,000 Active
14. 2024-06-03
    historical $1,650
15. 2024-05-26
    price $1,650
16. 2024-05-13
    listed $1,600
17. 2022-12-29
    historical
18. 2022-11-24
    listed $215,000 Active
19. 2022-09-26
    soldstatus
20. 2022-09-22
    soldstatus Sold
21. 2022-09-13
    status Pending
22. 2022-09-08
    soldstatus
23. 2022-09-07
    listed $159,000 Active
24. 2005-03-15
    soldstatus
25. 1997-10-06
    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: $3,947 · $329/mo
• Projected year-2 tax: $3,947 · $329/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 4/10 Moderate
• 🌡 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: $20,221
• − Mortgage interest: −$9,243
• − Property taxes: −$3,947
• − Insurance: −$825
• − Repairs & maintenance: −$1,618
• − Management: −$1,618
• − Depreciation: −$4,800
• Taxable loss: −$1,828
• Est. tax savings @ 24.0%: +$439
• After-tax cash flow: $1,259/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

• Census place: Houston, TX
• County: Fort Bend County · 836,777 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 30,198
• Household income: $66,510
• Rent vs Own: 32.8% rent · 67.2% own
• Severe rent burden: 562.0

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: Majority Hispanic (54%)
• Race & ethnicity: Hispanic / Latino 54% Black 41% Two or more races 22% White 3% Native American 2%
• Hispanic origin (detail): Mexican 39%
• Common ancestry: Lithuanian 1% Portuguese 1% Slovak 1%
• Foreign-born: 26% · Canada
• Languages at home: 50% English-only · Spanish 49%

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: ▼ -182.09%
• Current HPI: 266.6541
• Rent YoY: ▲ 1.72%
• 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

+10.1% since first listed

17 events — show timeline

• 2026-06-17 Listing Removed — HARMLS
• 2026-06-08 Price Changed $175,000 HARMLS
• 2026-06-08 Listing Removed — HARMLS
• 2026-06-08 Listed $180,000 HARMLS
• 2026-05-15 Listed $185,000 HARMLS
• 2024-06-03 Rental Removed $1,650 HARMLS
• 2024-05-26 Price Changed $1,650 HARMLS
• 2024-05-13 Listed for Rent $1,600 HARMLS
• 2022-12-29 Listing Removed — HARMLS
• 2022-11-24 Listed $215,000 HARMLS
• 2022-09-26 Sold (Public Records) — Public Records
• 2022-09-22 Sold (MLS) — HARMLS
• 2022-09-13 Pending — HARMLS
• 2022-09-08 Sold (Public Records) — Public Records
• 2022-09-07 Listed $159,000 HARMLS
• 2005-03-15 Sold (Public Records) — Public Records
• 1997-10-06 Sold (Public Records) — Public Records

Property tax history

+4.7%/yr

Latest (2025): $3,947 · +2.9% YoY. Source: county tax records.