1230 Piedmont Creek Trl · Houston, TX 77073

$175,000

4 bd · 2.5 ba · 2,695 sqft · SingleFamily public records · 264 Days on market

Built 2007 5,370 sqft lot Est $302k · 42% under $35/mo HOA · 2% of rent ↓ 20% since listing

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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 +18.9/30.0
• ARV discount +15.0/15.0
• 1% rule +8.0/10.0
• DSCR +6.0/10.0
• Appreciation +4.7/10.0
• Livability +3.7/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

BEAUTIFUL HOME! This huge, spacious home features 5 bedrooms, 2 1/2 bathrooms and a 2 car attached garage. Plenty of room to be with your family. Formal dining room is a whole room on its own. Breakfast room or office. Guest room downstairs. Primary bedroom along with three other rooms upstairs!! Huge game room ! Washer and Dryer room upstairs . No hassle to take clothes dowstairs. Backyard turned into a sunroom with ac. Fruit trees in the backyard! Great for entertaining. Come checkout this amazing home close to Sam's off I-45 (5 Minute drive) Close to everything!! New carpet and new floors is some areas. New paint!!Schedule your private showing with me. Call Agent for appoinment. Thank you.

Key facts

• Formal dining room
• Laundry room
• Primary suite

Tags

• FORMAL DINING ROOM
• BREAKFAST AREA
• GUEST BEDROOM
• PRIMARY SUITE
• GAME ROOM
• LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $181 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% 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: crime F.
• Spring ISD (suburban): math 19% / reading 26% proficiency, ranked #730 of 826 in TX (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Carolee Booker Elementary (math 24% / reading 23%, grade F, #3,247 of 4,322 statewide, top 76%, 765 students, 91% FRL); Rickey C Bailey Middle (math 15% / reading 23%, grade F, #1,466 of 1,662 statewide, top 89%, 1,065 students, 85% FRL); Andy Dekaney H S (math 5% / reading 13%, grade F, #1,599 of 1,632 statewide, top 98%, 2,401 students, 82% FRL) — zoned schools average 86% FRL vs 66% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 159 active listings in the ZIP; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 35% of the median local income ($79k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $24 of equity ($1k loan paydown + $-1k appreciation (-0.7% local appreciation)).
• 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 264 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago; this cycle's ask has dropped $115k (40%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 4.0% of price.
• 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 $154,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 264 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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.
9. 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.
10. 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: 1.30% ✓
• Cap rate: 7.53%
• Cash-on-cash: 4.43%
• DSCR: 1.20
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $301,840
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1230 Piedmont Creek Trl	0.00mi	5/2.5 (+1)	2,695 (0%)	1mo	$175,000	$65	94
21039 Vista Trail Ct	0.30mi	4/2.5	2,763 (+2%)	3mo	$259,000	$94	79
1119 Mossy Branch St	0.11mi	5/2.5 (+1)	2,630 (-2%)	13mo	$272,500	$104	75
15722 Youpon Valley Dr	0.18mi	4/2.5	2,305 (-14%)	7mo	$234,900	$102	61
16318 Embry Hills Dr	0.59mi	4/2.5	2,552 (-5%)	14mo	$315,000	$123	52
1403 Great Easton Ln	0.50mi	4/2.5	2,302 (-15%)	2mo	$269,000	$117	51
16015 Northmark Dr	0.57mi	4/4.0	2,901 (+8%)	5mo	$325,000	$112	51
1214 Sabine Brook Way	0.41mi	4/3.0	2,383 (-12%)	11mo	$313,000	$131	50
1207 N Lady Fern Ln	0.59mi	5/2.5 (+1)	2,430 (-10%)	2mo	$290,000	$119	49
1019 Sawgrass Ridge Ln	0.60mi	4/2.5	2,391 (-11%)	8mo	$239,900	$100	47
539 Gateship Dr	0.54mi	4/2.5	2,463 (-9%)	18mo	$279,000	$113	45
20922 Southhook Ct	0.51mi	4/2.5	2,429 (-10%)	19mo	$269,990	$111	44

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

Projected returns pro-forma

-0.68% appreciation · 0.69% rent growth · sell at horizon

5-year hold

• IRR: -1.8%
• Equity multiple: 0.92×
• Total profit: $-3,974
• Equity at exit: $44,963

10-year hold

• IRR: 2.1%
• Equity multiple: 1.19×
• Total profit: $9,252
• Equity at exit: $49,574

Cash invested: $49,000 (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 77073

• Home prices YoY: -0.3%
• Rents YoY: 0.7%
• Active inventory: 159
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $2,269 medium
• Mortgage (P&I): −$918
• Tax from tax record: −$586 /mo · $7,030/yr
• Insurance: −$73
• HOA: −$35
• Vacancy / Maint / Mgmt: −$476
• Net cashflow: $181

Break-even live

Break-even rent $2,040

Max offer price $175,000

Occupancy floor 87%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $35 · $420/yr

Listing history 21 events

1. 2026-03-30
   status Pending
2. 2026-02-25
   price $175,000
3. 2025-12-05
   status Active
4. 2025-12-04
   historical
5. 2025-11-18
   price $208,000
6. 2025-11-07
   price $220,000
7. 2025-10-20
   price $229,000
8. 2025-10-09
   status Active
9. 2025-10-09
   price $235,000
10. 2025-08-22
    status Pending
11. 2025-08-04
    price $212,000
12. 2025-07-19
    price $235,000
13. 2025-06-05
    price $275,000
14. 2025-05-21
    listed $290,000 Active
15. 2020-10-06
    soldstatus
16. 2020-10-02
    soldstatus Sold 701-char remark

    Show marketing remark (701 chars)

    BEAUTIFUL HOME! This huge, spacious home features 5 bedrooms, 2 1/2 bathrooms and a 2 car attached garage. Plenty of room to be with your family. Formal dining room is a whole room on its own. Breakfast room or office. Guest room downstairs. Primary bedroom along with three other rooms upstairs!! Huge game room ! Washer and Dryer room upstairs . No hassle to take clothes dowstairs. Backyard turned into a sunroom with ac. Fruit trees in the backyard! Great for entertaining. Come checkout this amazing home close to Sam's off I-45 (5 Minute drive) Close to everything!! New carpet and new floors is some areas. New paint!!Schedule your private showing with me. Call Agent for appoinment. Thank you.

17. 2020-09-04
    status Pending 701-char remark

    Show marketing remark (701 chars)

    BEAUTIFUL HOME! This huge, spacious home features 5 bedrooms, 2 1/2 bathrooms and a 2 car attached garage. Plenty of room to be with your family. Formal dining room is a whole room on its own. Breakfast room or office. Guest room downstairs. Primary bedroom along with three other rooms upstairs!! Huge game room ! Washer and Dryer room upstairs . No hassle to take clothes dowstairs. Backyard turned into a sunroom with ac. Fruit trees in the backyard! Great for entertaining. Come checkout this amazing home close to Sam's off I-45 (5 Minute drive) Close to everything!! New carpet and new floors is some areas. New paint!!Schedule your private showing with me. Call Agent for appoinment. Thank you.

18. 2020-09-04
    status Pending, Continue to Show 701-char remark

    Show marketing remark (701 chars)

    BEAUTIFUL HOME! This huge, spacious home features 5 bedrooms, 2 1/2 bathrooms and a 2 car attached garage. Plenty of room to be with your family. Formal dining room is a whole room on its own. Breakfast room or office. Guest room downstairs. Primary bedroom along with three other rooms upstairs!! Huge game room ! Washer and Dryer room upstairs . No hassle to take clothes dowstairs. Backyard turned into a sunroom with ac. Fruit trees in the backyard! Great for entertaining. Come checkout this amazing home close to Sam's off I-45 (5 Minute drive) Close to everything!! New carpet and new floors is some areas. New paint!!Schedule your private showing with me. Call Agent for appoinment. Thank you.

19. 2020-08-29
    status Pending 701-char remark

    Show marketing remark (701 chars)

    BEAUTIFUL HOME! This huge, spacious home features 5 bedrooms, 2 1/2 bathrooms and a 2 car attached garage. Plenty of room to be with your family. Formal dining room is a whole room on its own. Breakfast room or office. Guest room downstairs. Primary bedroom along with three other rooms upstairs!! Huge game room ! Washer and Dryer room upstairs . No hassle to take clothes dowstairs. Backyard turned into a sunroom with ac. Fruit trees in the backyard! Great for entertaining. Come checkout this amazing home close to Sam's off I-45 (5 Minute drive) Close to everything!! New carpet and new floors is some areas. New paint!!Schedule your private showing with me. Call Agent for appoinment. Thank you.

20. 2020-08-20
    status Option Pending 701-char remark

    Show marketing remark (701 chars)

    BEAUTIFUL HOME! This huge, spacious home features 5 bedrooms, 2 1/2 bathrooms and a 2 car attached garage. Plenty of room to be with your family. Formal dining room is a whole room on its own. Breakfast room or office. Guest room downstairs. Primary bedroom along with three other rooms upstairs!! Huge game room ! Washer and Dryer room upstairs . No hassle to take clothes dowstairs. Backyard turned into a sunroom with ac. Fruit trees in the backyard! Great for entertaining. Come checkout this amazing home close to Sam's off I-45 (5 Minute drive) Close to everything!! New carpet and new floors is some areas. New paint!!Schedule your private showing with me. Call Agent for appoinment. Thank you.

21. 2020-08-03
    listed $218,000 Active 701-char remark

    Show marketing remark (701 chars)

    BEAUTIFUL HOME! This huge, spacious home features 5 bedrooms, 2 1/2 bathrooms and a 2 car attached garage. Plenty of room to be with your family. Formal dining room is a whole room on its own. Breakfast room or office. Guest room downstairs. Primary bedroom along with three other rooms upstairs!! Huge game room ! Washer and Dryer room upstairs . No hassle to take clothes dowstairs. Backyard turned into a sunroom with ac. Fruit trees in the backyard! Great for entertaining. Come checkout this amazing home close to Sam's off I-45 (5 Minute drive) Close to everything!! New carpet and new floors is some areas. New paint!!Schedule your private showing with me. Call Agent for appoinment. Thank you.

ⓘ 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: $7,030 · $586/mo
• Projected year-2 tax: $7,030 · $586/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 ≥111°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 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,226
• − Mortgage interest: −$9,803
• − Property taxes: −$7,030
• − Insurance: −$875
• − Repairs & maintenance: −$2,178
• − Management: −$2,178
• − HOA: −$420
• − Depreciation: −$5,091
• Taxable loss: −$349
• Est. tax savings @ 24.0%: +$84
• After-tax cash flow: $2,254/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: Spring ISD
• NCES district ID: 4841220
• Math proficiency: 19% ▼ -13.00%
• Reading proficiency: 26% ▼ -6.00%
• Median HH income: $51,584
• Composite: 20.12/100
• National rank: #8643
• State rank: #730 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

• County: Harris County · 4,702,590 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 46,084
• Household income: $78,592
• Rent vs Own: 35.1% rent · 64.9% own
• Severe rent burden: 1297.0

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 0.57)
• Race & ethnicity: Hispanic / Latino 59% Black 27% Two or more races 24% White 9% Native American 2% Asian 2%
• Hispanic origin (detail): Mexican 38% Cuban 2%
• Common ancestry: Lithuanian 1%
• Foreign-born: 29% · Canada, Jamaica
• Languages at home: 44% English-only · Spanish 53% French/Haitian/Cajun 2% Other Indo-European 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: ▼ -0.68%
• Current HPI: 215.8688
• Rent YoY: ▲ 0.69%
• 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

-19.7% since first listed

21 events — show timeline

• 2026-03-30 Pending — HARMLS
• 2026-02-25 Price Changed $175,000 HARMLS
• 2025-12-05 Relisted — HARMLS
• 2025-12-04 Listing Removed — HARMLS
• 2025-11-18 Price Changed $208,000 HARMLS
• 2025-11-07 Price Changed $220,000 HARMLS
• 2025-10-20 Price Changed $229,000 HARMLS
• 2025-10-09 Relisted — HARMLS
• 2025-10-09 Price Changed $235,000 HARMLS
• 2025-08-22 Pending — HARMLS
• 2025-08-04 Price Changed $212,000 HARMLS
• 2025-07-19 Price Changed $235,000 HARMLS
• 2025-06-05 Price Changed $275,000 HARMLS
• 2025-05-21 Listed $290,000 HARMLS
• 2020-10-06 Sold (Public Records) — Public Records
• 2020-10-02 Sold (MLS) — HARMLS
• 2020-09-04 Pending — HARMLS
• 2020-09-04 Pending — HARMLS
• 2020-08-29 Pending — HARMLS
• 2020-08-20 Pending — HARMLS
• 2020-08-03 Listed $218,000 HARMLS

Property tax history

+8.7%/yr

Latest (2025): $7,030 · +3.7% YoY. Source: county tax records.