346 Lost Rock Dr · Houston, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 10/10 · Severe
- Hot days now (above 107°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 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
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 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).
- Cash flow +9.5/30.0
- Appreciation +5.8/10.0
- ARV discount +5.2/15.0
- Schools +4.6/10.0
- 1% rule +3.7/10.0
- Livability +3.7/5.0
- DSCR +2.7/10.0
- Rent growth +2.6/5.0
- Condition / age +2.5/5.0
$285,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
Key facts
- Chef sink
- Renovated kitchen
- Granite counters
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.5-bath single-family listed at $285k.
Deal economics
- At list price, monthly cash flow is $-197 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $250k (12.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $248k (12.8% below list).
- Recommended offer: $248k (12.8% below list) — sets the bar for 1% rule.
- Cap rate 5.5% 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: schools D, crime F.
- Clear Creek ISD (suburban): math 48% / reading 54% proficiency, ranked #114 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Market conditions: Rents flat; 210 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
- At $2,484/mo this rent would consume 49% of the median local household income ($61k/yr) (locally 1983% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $6k of equity ($2k loan paydown + $5k appreciation (1.6% local appreciation)).
- Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- By year 6, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 66 days — a 6% lower offer ($268k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 6y ago; this cycle's ask has dropped $29k (9%) 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→26/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 66 days. Have you received any prior offers? Is the seller open to a 13% 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
- 0.87% ✗
- Cap rate
- 5.46%
- Cash-on-cash
- -2.97%
- DSCR
- 0.87
- GRM
- 9.6
CMA / ARV
- ARV (median comp)
- $271,329
- List price
- $285,000
- Delta
- 5.04%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 346 Lost Rock Dr | 0.00mi | 4/2.0 (+1) | 2,230 (0%) | 0mo | $285,000 | $128 | 93 |
| 15819 Pipers View Dr | 0.29mi | 3/2.5 | 2,068 (-7%) | 6mo | $265,000 | $128 | 69 |
| 16146 Pipers View Dr | 0.32mi | 3/2.5 | 1,992 (-11%) | 3mo | $320,000 | $161 | 65 |
| 322 Wedgerock Dr | 0.29mi | 4/3.0 (+1) | 2,364 (+6%) | 9mo | $275,000 | $116 | 62 |
| 15835 Pipers View Dr | 0.24mi | 4/2.5 (+1) | 2,365 (+6%) | 19mo | $314,900 | $133 | 58 |
| 16122 Pipers View Dr | 0.26mi | 4/2.0 (+1) | 1,992 (-11%) | 6mo | $319,900 | $161 | 58 |
| 303 Reseda Dr | 0.30mi | 3/2.0 | 2,068 (-7%) | 20mo | $309,000 | $149 | 56 |
| 463 El Toro Ln | 0.21mi | 4/2.5 (+1) | 1,989 (-11%) | 16mo | $295,000 | $148 | 54 |
| 463 Ironbark Ct | 0.33mi | 3/2.0 | 1,920 (-14%) | 14mo | $290,000 | $151 | 48 |
| 403 Redway Ln | 0.41mi | 4/2.5 (+1) | 2,380 (+7%) | 22mo | $375,000 | $158 | 47 |
| 16602 La Avenida Dr | 0.59mi | 4/2.0 (+1) | 1,907 (-14%) | 10mo | $295,000 | $155 | 32 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
1.58% appreciation · 0.56% rent growth · sell at horizon
- IRR
- -1.2%
- Equity multiple
- 0.94×
- Total profit
- $-4,868
- Equity at exit
- $105,996
- IRR
- 2.1%
- Equity multiple
- 1.26×
- Total profit
- $20,768
- Equity at exit
- $147,853
Cash invested: $79,800 (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 77598
- Home prices YoY
- 0.5%
- Rents YoY
- 0.6%
- Active inventory
- 210
- Price-to-rent
- 9.6×
Monthly cashflow live
- Estimated rent
- $2,484 high interval (Pro) →
- Mortgage (P&I)
- −$1,495
- Tax from tax record
- −$516 /mo · $6,186/yr
- Insurance
- −$119
- HOA
- −$31
- Vacancy / Maint / Mgmt
- −$522
- Net cashflow
- $-197
Break-even live
Sensitivity live
| Price | -10% $-36 | -5% $-117 | +0% $-197 | +5% $-278 | +10% $-359 |
|---|---|---|---|---|---|
| Rent | -10% $-394 | -5% $-296 | +0% $-197 | +5% $-99 | +10% $-1 |
| Rate | -1.0pp $-54 | -0.5pp $-125 | base $-197 | +0.5pp $-271 | +1.0pp $-346 |
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
- $71,250
- Closing costs
- $8,550
- 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 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 18833 Town Ridge Ln Unit 3174 Webster, TX | 3.0 | 2.0 | 2086 | $2,941 | $1.41 | 12d | 1 | 0.35mi |
| 18833 Town Ridge Ln Unit 18866 Webster, TX | 3.0 | 2.0 | 2086 | $3,084 | $1.48 | 44d | 1 | 0.35mi |
| 18833 Town Ridge Ln Unit 3148 Webster, TX | 3.0 | 2.0 | 2086 | $2,890 | $1.39 | 0d | 1 | 0.35mi |
| 547 Shealy St Webster, TX | 4.0 | 2.0 | 1845 | $2,206 | $1.20 | 0d | 1 | 0.92mi |
| 19302 Glenwest Dr Friendswood, TX | 1.0–3.0 | 1.0–2.0 | 1048 | $2,787 | $2.66 | 0d | 30 | 1.04mi |
| 15126 Silverman St Webster, TX | 3.0 | 2.0 | 1433 | $2,000 | $1.40 | 44d | 1 | 1.08mi |
| 946 Beachcomber Ln Houston, TX | 3.0 | 2.0 | 1872 | $1,995 | $1.07 | 44d | 1 | 1.08mi |
HOA detail
- Monthly dues
- $31 · $372/yr
Listing history 16 events
-
2026-05-14status Active 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-05-11status Pending 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-04-30price $285,000 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-04-25price $295,000 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-04-13price $304,000 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-04-08price $309,000 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-04-02status Active 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-03-29status Pending 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2026-03-25$314,000 Active 1003-char remark
Show marketing remark (1003 chars)
Welcome home to this beautifully maintained 4-bedroom, 2-bath residence that perfectly blends comfort, style, and functionality. With fresh paint throughout, the home offers a bright, inviting atmosphere from the moment you step inside. The renovated kitchen features modern finishes, granite counters, chef’s sink, a blend of cabinetry and open shelving and plenty of counter space. Luxury vinyl plank flooring flows seamlessly through the main living areas, adding durability and a sophisticated touch. One spacious primary suites is located on the 1st floor with relaxing en suite bath and large walk-in closet. Sliding glass doors offer access to the lush backyard with generously sized dog-yard. A second primary suite is on the second floor with bathroom access. 2 more ample bedrooms are located on the 2nd floor along with a large secondary bath featuring double sinks. With thoughtful updates and pride of ownership throughout, this move-in-ready home is one you won’t want to miss!
-
2020-08-03soldstatus
-
2020-07-30soldstatus Sold 759-char remark
Show marketing remark (759 chars)
Rare 4 bedroom home in Pipers Meadow! New carpets; newly painted; move-in ready! 2 Master bedrooms! Roof is less than 2 years old and the AC/Heater is less than 5 years! Covered Patio off the downstairs Master bedroom and a large deck off the upstairs Breakfast room. 2 car garage is oversized with a work area for the handyman or woman! Large backyard too, with wonderful, producing fig and citrus trees! This terrific home is only a few blocks from the neighborhood pool and tennis courts! Pipers Meadow is a terrific location, so close to I45, Baybrook Mall, Costco, Sam's, Walmart, Cinemark, NASA, and Clear Lake! No flooding ever -- and the taxes are so low! The home is clean and vacant, so schedule your appointment to come and see it today.
-
2020-06-19status Pending 759-char remark
Show marketing remark (759 chars)
Rare 4 bedroom home in Pipers Meadow! New carpets; newly painted; move-in ready! 2 Master bedrooms! Roof is less than 2 years old and the AC/Heater is less than 5 years! Covered Patio off the downstairs Master bedroom and a large deck off the upstairs Breakfast room. 2 car garage is oversized with a work area for the handyman or woman! Large backyard too, with wonderful, producing fig and citrus trees! This terrific home is only a few blocks from the neighborhood pool and tennis courts! Pipers Meadow is a terrific location, so close to I45, Baybrook Mall, Costco, Sam's, Walmart, Cinemark, NASA, and Clear Lake! No flooding ever -- and the taxes are so low! The home is clean and vacant, so schedule your appointment to come and see it today.
-
2020-06-13status Pending, Continue to Show 759-char remark
Show marketing remark (759 chars)
Rare 4 bedroom home in Pipers Meadow! New carpets; newly painted; move-in ready! 2 Master bedrooms! Roof is less than 2 years old and the AC/Heater is less than 5 years! Covered Patio off the downstairs Master bedroom and a large deck off the upstairs Breakfast room. 2 car garage is oversized with a work area for the handyman or woman! Large backyard too, with wonderful, producing fig and citrus trees! This terrific home is only a few blocks from the neighborhood pool and tennis courts! Pipers Meadow is a terrific location, so close to I45, Baybrook Mall, Costco, Sam's, Walmart, Cinemark, NASA, and Clear Lake! No flooding ever -- and the taxes are so low! The home is clean and vacant, so schedule your appointment to come and see it today.
-
2020-06-09$219,900 Active 759-char remark
Show marketing remark (759 chars)
Rare 4 bedroom home in Pipers Meadow! New carpets; newly painted; move-in ready! 2 Master bedrooms! Roof is less than 2 years old and the AC/Heater is less than 5 years! Covered Patio off the downstairs Master bedroom and a large deck off the upstairs Breakfast room. 2 car garage is oversized with a work area for the handyman or woman! Large backyard too, with wonderful, producing fig and citrus trees! This terrific home is only a few blocks from the neighborhood pool and tennis courts! Pipers Meadow is a terrific location, so close to I45, Baybrook Mall, Costco, Sam's, Walmart, Cinemark, NASA, and Clear Lake! No flooding ever -- and the taxes are so low! The home is clean and vacant, so schedule your appointment to come and see it today.
-
2006-12-04soldstatus
-
1988-01-02soldstatus
ⓘ 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
- $6,186 · $516/mo
- Projected year-2 tax
- $6,186 · $516/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 10/10 Extreme 7 d/yr ≥107°F today · 26 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 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
- $29,808
- − Mortgage interest
- −$15,964
- − Property taxes
- −$6,186
- − Insurance
- −$1,425
- − Repairs & maintenance
- −$2,385
- − Management
- −$2,385
- − HOA
- −$372
- − Depreciation
- −$8,291
- Taxable loss
- −$7,200
- Est. tax savings @ 24.0%
- +$1,728
- After-tax cash flow
- $-642/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
- Clear Creek ISD
- NCES district ID
- 4814280
- Math proficiency
- 48% ▼ -10.00%
- Reading proficiency
- 54% ▼ -4.00%
- Median HH income
- $80,240
- Composite
- 46.49/100
- National rank
- #2431
- State rank
- #114 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)
- 26,110
- Household income
- $60,977
- Rent vs Own
- Severe rent burden
- 1983.0
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 0.70)
- Race & ethnicity
- White 41% Hispanic / Latino 32% Black 14% Two or more races 13% Asian 8%
- Hispanic origin (detail)
- Mexican 18% Puerto Rican 2% Cuban 1%
- Common ancestry
- Italian 3% Lithuanian 3% Serbian 2%
- Foreign-born
- 19% · Canada, Vietnam, China
- Languages at home
- 69% English-only · Spanish 21% Vietnamese 2% Other Indo-European 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
- ▲ 1.58%
- Current HPI
- 292.0815
- Rent YoY
- ▲ 0.56%
- 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
+29.6% since first listed16 events — show timeline
- 2026-05-14 Relisted — HARMLS
- 2026-05-11 Pending — HARMLS
- 2026-04-30 Price Changed $285,000 HARMLS
- 2026-04-25 Price Changed $295,000 HARMLS
- 2026-04-13 Price Changed $304,000 HARMLS
- 2026-04-08 Price Changed $309,000 HARMLS
- 2026-04-02 Relisted — HARMLS
- 2026-03-29 Pending — HARMLS
- 2026-03-25 Listed $314,000 HARMLS
- 2020-08-03 Sold (Public Records) — Public Records
- 2020-07-30 Sold (MLS) — HARMLS
- 2020-06-19 Pending — HARMLS
- 2020-06-13 Pending — HARMLS
- 2020-06-09 Listed $219,900 HARMLS
- 2006-12-04 Sold (Public Records) — Public Records
- 1988-01-02 Sold (Public Records) — Public Records
Property tax history
+6.8%/yrLatest (2025): $6,186 · +3.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…