1119 Palmer St · Houston, TX
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 10/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 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 +11.6/15.0
- Cash flow +10.1/30.0
- 1% rule +4.4/10.0
- Livability +3.7/5.0
- DSCR +2.9/10.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$319,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
Key facts
- Large bonus room
- Open layout
- Granite countertops
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath single-family listed at $319k.
Deal economics
- At list price, monthly cash flow is $-185 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $286k (10.3% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $300k (6.1% below list).
- Recommended offer: $281k (12.0% below list) — sets the bar for market timing.
- Cap rate 5.6% 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 (-1.6%/yr); 206 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
- This rent runs 43% of the median local income ($84k/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 $2k of loan paydown is wiped out by about $10k 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 390 days — a 12% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 20y ago; this cycle's ask is 14400% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 390 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 0.94% ✗
- Cap rate
- 5.60%
- Cash-on-cash
- -2.49%
- DSCR
- 0.89
- GRM
- 8.9
CMA / ARV
- ARV (median comp)
- $350,725
- List price
- $319,000
- Delta
- -9.05%
- 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 |
|---|---|---|---|---|---|---|---|
| 1308 Delano St | 0.25mi | 3/3.5 (+1) | 2,037 (-3%) | 4mo | $380,999 | $187 | 69 |
| 3111 Leeland St | 0.25mi | 3/3.5 (+1) | 1,966 (-6%) | 1mo | $379,900 | $193 | 66 |
| 3811 Walker St | 0.48mi | 3/2.0 (+1) | 2,140 (+2%) | 4mo | $360,000 | $168 | 66 |
| 1401 Nagle St | 0.29mi | 3/3.5 (+1) | 2,228 (+6%) | 3mo | $475,000 | $213 | 63 |
| 2910 Leeland St | 0.31mi | 3/3.0 (+1) | 1,917 (-9%) | 2mo | $348,999 | $182 | 61 |
| 1106 Palmer St | 0.04mi | 3/3.5 (+1) | 2,408 (+15%) | 4mo | $639,000 | $265 | 60 |
| 1215 Sampson St | 0.20mi | 3/3.5 (+1) | 2,347 (+12%) | 1mo | $499,000 | $213 | 59 |
| 3028 Lamar St | 0.04mi | 3/3.5 (+1) | 2,408 (+15%) | 4mo | $569,000 | $236 | 59 |
| 1705 Milby St | 0.57mi | 3/3.5 (+1) | 2,073 (-1%) | 4mo | $465,000 | $224 | 57 |
| 3510 Hadley St | 0.73mi | 3/3.5 (+1) | 2,069 (-1%) | 0mo | $399,990 | $193 | 52 |
| 2915 Pease St | 0.32mi | 3/3.0 (+1) | 1,795 (-14%) | 3mo | $349,000 | $194 | 49 |
| 4022 Mckinney St | 0.61mi | 3/3.5 (+1) | 1,864 (-11%) | 3mo | $299,000 | $160 | 39 |
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
- -24.3%
- Equity multiple
- 0.19×
- Total profit
- $-72,010
- Equity at exit
- $47,564
- IRR
- -34.8%
- Equity multiple
- -0.24×
- Total profit
- $-110,779
- Equity at exit
- $27,581
Cash invested: $89,320 (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 77003
- Home prices YoY
- -29.2%
- Rents YoY
- -1.6%
- Active inventory
- 206
- Price-to-rent
- 8.9×
Monthly cashflow live
- Estimated rent
- $2,997 high interval (Pro) →
- Mortgage (P&I)
- −$1,673
- Tax from tax record
- −$614 /mo · $7,364/yr
- Insurance
- −$133
- HOA
- −$133
- Vacancy / Maint / Mgmt
- −$629
- Net cashflow
- $-185
Break-even live
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
- $79,750
- Closing costs
- $9,570
- 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 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3226 McKinney St Houston, TX | 3.0 | 3.0 | 2274 | $2,500 | $1.10 | 43d | 1 | 0.14mi |
| 3131 Leeland St Houston, TX | 3.0 | 3.5 | 1966 | $2,850 | $1.45 | 24d | 1 | 0.23mi |
| 2816 Rusk St Houston, TX | 3.0 | 3.5 | 2107 | $2,800 | $1.33 | 43d | 1 | 0.25mi |
| 2504 Rusk St Unit 1563174P Houston, TX | 2.0 | 2.0 | 1819 | $4,036 | $2.22 | 2d | 1 | 0.40mi |
| 4001 Dallas St Unit 1029264P Houston, TX | 3.0 | 3.0 | 2174 | $5,077 | $2.34 | 5d | 1 | 0.58mi |
| 3034 Gray St Houston, TX | 3.0 | 3.0 | 2081 | $3,000 | $1.44 | 43d | 1 | 0.60mi |
| 3517 McIlhenny St Houston, TX | 3.0 | 3.5 | 2000 | $3,200 | $1.60 | 3d | 1 | 0.78mi |
| 2414 East Dr Unit Canal St unit Houston, TX | 3.0 | 3.5 | 2063 | $2,950 | $1.43 | 7d | 1 | 0.84mi |
| 1757 Walker St Houston, TX | 2.0 | 2.0 | 1575 | $4,350 | $2.76 | 24d | 1 | 0.92mi |
| 3335 Tuam St Houston, TX | 2.0 | 1.0 | 2300 | $995 | $0.43 | 43d | 1 | 0.94mi |
| 808 Crawford St Houston, TX | 1.0–3.0 | 1.0–3.5 | 1740 | $7,281 | $4.18 | 1d | 30 | 0.96mi |
| 2326 St Emanuel St Houston, TX | 3.0 | 3.5 | 2642 | $2,601 | $0.98 | 7d | 1 | 1.00mi |
| 1400 McKinney St Houston, TX | 1.0–2.0 | 1.0–2.5 | 2166 | $12,100 | $5.59 | 1d | 9 | 1.01mi |
| 2103 McGowen St Unit 1244937P Houston, TX | 3.0 | 3.5 | 2292 | $4,758 | $2.08 | 1d | 1 | 1.01mi |
| 1406 McKinney St Houston, TX | 2.0 | 2.0 | 1987 | $5,075 | $2.55 | 24d | 1 | 1.02mi |
| 2107 McGowen St Unit 1244935P Houston, TX | 3.0 | 3.5 | 2497 | $4,711 | $1.89 | 2d | 1 | 1.02mi |
| 2109 McGowen St Unit 1244934P Houston, TX | 3.0 | 3.5 | 2497 | $4,734 | $1.90 | 5d | 1 | 1.03mi |
| 2519 Saint Emanuel St Unit 1241246P Houston, TX | 3.0 | 3.0 | 2389 | $2,670 | $1.12 | 1d | 1 | 1.03mi |
| 2105 McGowen St Unit 1244936P Houston, TX | 3.0 | 3.5 | 2497 | $4,836 | $1.94 | 5d | 1 | 1.04mi |
| 2521 Saint Emanuel St Unit 1047945P Houston, TX | 3.0 | 3.0 | 2292 | $3,010 | $1.31 | 2d | 1 | 1.04mi |
| 1515 Austin St Houston, TX | 1.0–2.0 | 1.0–2.5 | 1120 | $3,749 | $3.35 | 1d | 20 | 1.06mi |
| 2216 Chenevert St Houston, TX | 1.0–2.0 | 1.5–2.5 | 1380 | $2,800 | $2.03 | 24d | 3 | 1.07mi |
| 15 N Chenevert St Houston, TX | 2.0 | 1.0–2.0 | 1351 | $4,000 | $2.96 | 1d | 16 | 1.08mi |
| 1475 Texas St Houston, TX | 3.0 | 1.0–2.0 | 1304 | $4,847 | $3.72 | 43d | 28 | 1.09mi |
| 2115 Runnels St Unit 3187 Houston, TX | 3.0 | 2.0 | 1839 | $3,013 | $1.64 | 2d | 1 | 1.10mi |
| 2115 Runnels St Unit 3174 Houston, TX | 3.0 | 2.0 | 1839 | $3,056 | $1.66 | 11d | 1 | 1.10mi |
| 2115 Runnels St Unit 2148 Houston, TX | 3.0 | 2.0 | 1839 | $3,045 | $1.66 | 11d | 1 | 1.10mi |
| 1211 Caroline St Unit 3584 Houston, TX | 2.0 | 2.0 | 1562 | $2,269 | $1.45 | 43d | 1 | 1.10mi |
| 2357 Jackson St Houston, TX | 3.0 | 2.5 | 1908 | $2,500 | $1.31 | 22d | 1 | 1.14mi |
| 3719 Elgin St Houston, TX | 1.0–5.0 | 1.0–5.0 | 1241 | $1,112 | $0.90 | 24d | 14 | 1.15mi |
| 717 Fannin St Houston, TX | 2.0 | 2.0 | 1700 | $3,800 | $2.24 | 43d | 1 | 1.24mi |
| 1111 Rusk St Houston, TX | 1.0–2.0 | 1.0–2.5 | 1230 | $2,835 | $2.30 | 1d | 29 | 1.25mi |
| 1399 Fannin St Houston, TX | 2.0 | 2.0 | 1595 | $3,846 | $2.41 | 24d | 1 | 1.25mi |
| 1617 Fannin St Houston, TX | 2.0 | 1.0–2.0 | 941 | $2,802 | $2.98 | 1d | 21 | 1.27mi |
| 2416 La Branch St Houston, TX | 3.0 | 4.0 | 2540 | $2,900 | $1.14 | 43d | 1 | 1.29mi |
| 2809 Crawford St Houston, TX | 2.0 | 2.0 | 1928 | $2,600 | $1.35 | 43d | 1 | 1.36mi |
| 915 Texas Ave Unit 420 Houston, TX | 3.0 | 2.0 | 2366 | $4,655 | $1.97 | 18d | 1 | 1.37mi |
| 915 Texas Ave Unit 420 Houston, TX | 3.0 | 2.0 | 2366 | $4,655 | $1.97 | 43d | 1 | 1.37mi |
| 3507 Canfield St Houston, TX | 3.0 | 2.5 | 2200 | $2,350 | $1.07 | 24d | 1 | 1.39mi |
| 4952 Polk St Unit 1531107P Houston, TX | 2.0 | 2.0 | 1980 | $2,327 | $1.18 | 7d | 1 | 1.41mi |
HOA detail
- Monthly dues
- $133 · $1,596/yr
- Likely covers
- water
Listing history 34 events
-
2026-06-18days on market $319,000 Active 390 DOM
-
2026-06-17days on market $319,000 Active 389 DOM
-
2026-06-16days on market $319,000 Active 388 DOM
-
2026-06-15days on market $319,000 Active 387 DOM
-
2026-06-13days on market $319,000 Active 385 DOM
-
2026-06-10days on market $319,000 Active 381 DOM
-
2026-06-08days on market $319,000 Active 380 DOM
-
2026-06-07days on market $319,000 Active 379 DOM
-
2026-06-04days on market $319,000 Active 376 DOM
-
2026-06-01days on market $319,000 Active 373 DOM
-
2026-05-31days on market $319,000 Active 372 DOM
-
2026-03-13price $319,000 964-char remark
Show marketing remark (964 chars)
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
-
2026-03-04status Active 964-char remark
Show marketing remark (964 chars)
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
-
2026-02-28historical 964-char remark
Show marketing remark (964 chars)
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
-
2026-01-28historical $2,200
-
2026-01-01status Active 964-char remark
Show marketing remark (964 chars)
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
-
2025-12-31historical 964-char remark
Show marketing remark (964 chars)
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
-
2025-12-18$2,200
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2025-08-21price $325,000 964-char remark
Show marketing remark (964 chars)
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
-
2025-05-19$335,000 Active 964-char remark
Show marketing remark (964 chars)
MOTIVATED SELLER! This beautifully maintained 3-story corner townhome is just minutes from Downtown Houston, Minute Maid Park, UofH & a wide variety of shops, restaurants & entertainment options. Key Features: Power Reliability: Home has never lost power during storms or hurricanes. Open Layout: The spacious open-concept design connects kitchen, dining & living areas — perfect for entertaining. Enjoy granite countertops, stainless steel appliances & hardwood floors in the living and dining areas. The primary bedroom is located on the 3rd floor & adjoins a large bonus room ideal for a media room, game room, or home office. Recent Updates: Fresh interior paint throughout, a brand-new 30-year roof, new water heater, new dishwasher, & new toilets. Window blinds installed. All measurements are approximate. Buyer to independently verify all MLS info. & square footage. Come & tour your future dream home today!
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2025-05-18historical
-
2025-04-09price $349,900
-
2025-03-05$355,000 Active
-
2025-01-04historical
-
2024-09-12price $355,000
-
2024-06-13price $360,000
-
2024-05-24historical $2,400
-
2024-05-16$2,400
-
2024-05-14price $365,000
-
2024-04-25price $375,000
-
2024-03-11$389,000 Active
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2007-05-14soldstatus
-
2007-02-21historical
-
2006-08-21$224,900
ⓘ 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
- $7,364 · $614/mo
- Projected year-2 tax
- $7,364 · $614/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 (unshaded) · 20% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥109°F today · 25 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $35,958
- − Mortgage interest
- −$17,869
- − Property taxes
- −$7,364
- − Insurance
- −$1,595
- − Repairs & maintenance
- −$2,877
- − Management
- −$2,877
- − HOA
- −$1,596
- − Depreciation
- −$9,280
- Taxable loss
- −$7,499
- Est. tax savings @ 24.0%
- +$1,800
- After-tax cash flow
- $-423/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)
- 10,164
- Household income
- $83,980
- Rent vs Own
- Severe rent burden
- 572.0
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
- Highly diverse neighborhood (Simpson 0.72)
- Race & ethnicity
- Hispanic / Latino 35% White 33% Black 21% Two or more races 20% Asian 6% Native American 1%
- Hispanic origin (detail)
- Mexican 24% Puerto Rican 2% Cuban 2%
- Common ancestry
- Lithuanian 2% Romanian 2% Slovak 1%
- Foreign-born
- 15% · Canada, South Korea, Jamaica
- Languages at home
- 69% English-only · Spanish 27% Korean 2% 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
- ▼ -53.64%
- Current HPI
- 130.0078
- Rent YoY
- ▼ -1.65%
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+41.8% since first listed23 events — show timeline
- 2026-03-13 Price Changed $319,000 HARMLS
- 2026-03-04 Relisted — HARMLS
- 2026-02-28 Listing Removed — HARMLS
- 2026-01-28 Rental Removed $2,200 HARMLS
- 2026-01-01 Relisted — HARMLS
- 2025-12-31 Listing Removed — HARMLS
- 2025-12-18 Listed for Rent $2,200 HARMLS
- 2025-08-21 Price Changed $325,000 HARMLS
- 2025-05-19 Listed $335,000 HARMLS
- 2025-05-18 Listing Removed — HARMLS
- 2025-04-09 Price Changed $349,900 HARMLS
- 2025-03-05 Listed $355,000 HARMLS
- 2025-01-04 Listing Removed — HARMLS
- 2024-09-12 Price Changed $355,000 HARMLS
- 2024-06-13 Price Changed $360,000 HARMLS
- 2024-05-24 Rental Removed $2,400 HARMLS
- 2024-05-16 Listed for Rent $2,400 HARMLS
- 2024-05-14 Price Changed $365,000 HARMLS
- 2024-04-25 Price Changed $375,000 HARMLS
- 2024-03-11 Listed $389,000 HARMLS
- 2007-05-14 Sold (Public Records) — Public Records
- 2007-02-21 Listing Removed — HARMLS
- 2006-08-21 Listed $224,900 HARMLS
Property tax history
+4.9%/yrLatest (2025): $7,364 · +4.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…