17814 Kings Park Ln · Houston, TX 77058

$150,000

2 bd · 2.5 ba · 1,350 sqft · Condo public records · 61 Days on market

Built 1979 $111/sqft · 7% below area Est $162k · 7% under $524/mo HOA · 31% of rent

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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).

• ARV discount +10.8/15.0
• 1% rule +6.1/10.0
• Cash flow +5.1/30.0
• Schools +4.6/10.0
• Appreciation +4.4/10.0
• Livability +3.7/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• DSCR +0.0/10.0

Listing remarks

Welcome home to this charming 2-bedroom, 2.5-bath townhome, perfectly situated in a desirable community with convenient access to schools, shopping, and recreation. Move-in ready and waiting for you, this inviting home welcomes you with a spacious and bright living room featuring gleaming floors and a beautiful brick fireplace — the perfect spot to unwind. The kitchen offers plenty of cabinet and counter space, along all new appliances, with a cozy breakfast nook ideal for your morning coffee. Upstairs, the primary suite features a generous walk-in closet, while the second bedroom provides ample space for family, guests, or a home office. Enjoy the added convenience of an in-unit lau

Key facts

• Breakfast nook
• In-unit laundry room
• Covered parking

Tags

• BRICK FIREPLACE
• BREAKFAST NOOK
• WALK-IN CLOSET
• IN-UNIT LAUNDRY ROOM
• COVERED PARKING

Property features AI

Finance

• HOA & community: Association: Kings Park T/h; Monthly HOA fee; HOA covers common areas, grounds maintenance, structure maintenance, and trash

Exterior

• Parking: Carport
• Security: Gated
• Utilities: Public water; Public sewer
• Home design: Residential property; 2 stories; Full ownership
• Construction: Brick construction; Composition roof; Slab foundation; Built in 1979
• Exterior features: Community pool; Gated community

Interior

• Kitchen: Electric oven; Electric range; Dishwasher; Microwave; Refrigerator; Pantry
• Bedrooms: Second-floor primary bedroom (12 x 14); Second-floor bedroom (9 x 10)
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air (electric)
• Interior features: Primary bedroom with private bath; Pantry; Tub/shower; Window treatments; Ceiling fan(s); One fireplace
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath condo listed at $150k.

Deal economics

• At list price, monthly cash flow is $-344 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $89k (40.5% below list).
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $89k (40.5% below list) — sets the bar for cash-flow.

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.
• 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.
• Zoned schools: Armand Bayou El (math 41% / reading 45%, grade F, #1,283 of 4,322 statewide, top 30%, 500 students, 50% FRL); Space Center Int (math 31% / reading 44%, grade F, #736 of 1,662 statewide, top 45%, 827 students, 57% FRL); Clear Creek H S (math 51% / reading 54%, grade C-, #444 of 1,632 statewide, top 27%, 2,400 students, 0% FRL).
• Market conditions: Rents rising (+1.9%/yr); 134 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-1.2%/yr); year-one equity from $1k of loan paydown is wiped out by about $2k 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 61 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 2y 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.
• Current owner paid $40k; list at $150k implies a 270% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: HOA is 31% of rent.
• Climate carrying-cost: major flood risk; 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 $89,273 (40.5% 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. It's been on market 61 days. Have you received any prior offers? Is the seller open to a 40% concession, seller financing, or rate buy-down credit?
3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. 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?
9. 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?
10. 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?
11. 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.
12. 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.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.11% ✓
• Cap rate: 3.54%
• Cash-on-cash: -9.82%
• DSCR: 0.56
• GRM: 7.5

CMA / ARV

• ARV (median comp): $161,837
• List price: $150,000
• Delta: -7.31%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-1.22% appreciation · 1.92% rent growth · sell at horizon

5-year hold

• IRR: -21.0%
• Equity multiple: 0.14×
• Total profit: $-36,043
• Equity at exit: $34,644

10-year hold

• IRR: -16.2%
• Equity multiple: -0.30×
• Total profit: $-54,398
• Equity at exit: $35,062

Cash invested: $42,000 (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 77058

• Home prices YoY: -0.5%
• Rents YoY: 1.9%
• Active inventory: 134
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $1,667 high
• Mortgage (P&I): −$787
• Tax from tax record: −$288 /mo · $3,452/yr
• Insurance: −$62
• HOA: −$524
• Vacancy / Maint / Mgmt: −$350
• Net cashflow: $-344

Break-even live

Break-even rent $2,102

Max offer price $89,273

Occupancy floor —

Sensitivity live

Price	-10% $-259	-5% $-301	+0% $-344	+5% $-386	+10% $-429
Rent	-10% $-475	-5% $-410	+0% $-344	+5% $-278	+10% $-212
Rate	-1.0pp $-268	-0.5pp $-306	base $-344	+0.5pp $-383	+1.0pp $-422

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1315 E NASA Pkwy Houston, TX	1.0–3.0	1.0–2.5	1214	$1,358	$1.12	0d	36	0.04mi
1235 E Nasa Pkwy Houston, TX	1.0–3.0	1.0–3.0	1252	$2,260	$1.80	0d	33	0.10mi
1241 E Nasa Pkwy Houston, TX	1.0	1.0	941	$1,695	$1.80	45d	1	0.23mi
1110 El Camino Village Dr Houston, TX	1.0–3.0	1.0–2.5	1143	$1,372	$1.20	0d	69	0.27mi
1400 El Camino Village Dr Houston, TX	1.0–2.0	1.0–2.0	1060	$1,957	$1.85	0d	33	0.45mi
17700 El Camino Real Unit 3047 Houston, TX	3.0	2.0	1236	$1,600	$1.29	0d	1	0.48mi
17700 El Camino Real Unit 2047 Houston, TX	2.0	2.0	893	$1,164	$1.30	0d	1	0.48mi
18101 Point Lookout Dr Houston, TX	1.0–2.0	1.0–2.0	1000	$2,930	$2.93	22d	15	0.49mi
18107 Point Lookout Dr Houston, TX	3.0	2.0	1422	$2,370	$1.67	45d	1	0.49mi
18101 Point Lookout Dr Unit 18138 Houston, TX	2.0	2.0	1224	$1,880	$1.54	45d	1	0.51mi
18101 Point Lookout Dr Apt 422 Houston, TX	2.0	2.0	1224	$1,990	$1.63	9d	1	0.51mi
18101 Point Lookout Dr Unit 2174 Houston, TX	2.0	2.0	1224	$1,974	$1.61	0d	1	0.51mi
18101 Point Lookout Dr Unit 3174 Houston, TX	3.0	2.0	1422	$2,530	$1.78	0d	1	0.51mi
18101 Point Lookout Dr Unit 18134 Houston, TX	3.0	2.0	1422	$2,479	$1.74	0d	1	0.51mi
18101 Point Lookout Dr Unit 156 Houston, TX	2.0	2.0	1336	$2,630	$1.97	0d	1	0.51mi
17632 El Camino Real Houston, TX	2.0	1.0	893	$964	$1.08	26d	1	0.53mi
17700 El Camino Real Houston, TX	3.0	1.0–2.0	827	$1,400	$1.69	21d	17	0.54mi
18101 Point Lookout Dr Unit 424 Houston, TX	2.0	2.0	1224	$1,990	$1.63	7d	1	0.55mi
17700 El Camino Real Unit 2162 Houston, TX	2.0	2.0	893	$1,139	$1.28	7d	1	0.55mi
17700 El Camino Real Unit 17757 Houston, TX	2.0	2.0	893	$1,123	$1.26	0d	1	0.55mi
17700 El Camino Real Unit 422 Houston, TX	2.0	2.0	893	$1,139	$1.28	9d	1	0.55mi
17700 El Camino Real Unit 17733 Houston, TX	3.0	2.0	1236	$1,549	$1.25	0d	1	0.55mi
801 E Nasa Road 1 Webster, TX	1.0–2.0	1.0	827	$1,440	$1.74	45d	39	0.64mi
18707 Egret Bay Blvd Houston, TX	1.0–2.0	1.0–2.0	1283	$1,849	$1.44	3d	10	0.79mi
18713 Egret Bay Blvd Houston, TX	2.0	2.0	1265	$1,549	$1.22	45d	1	0.81mi
18296 Upper Bay Rd Houston, TX	2.0	2.0	990	$1,145	$1.16	45d	1	0.81mi
18296 Upper Bay Rd Houston, TX	3.0	2.0	1120	$1,380	$1.23	26d	1	0.81mi
18296 Upper Bay Rd Houston, TX	2.0	2.0	990	$1,145	$1.16	23d	1	0.81mi
1300 Gemini St Houston, TX	1.0–2.0	1.0–2.0	956	$1,949	$2.04	0d	30	0.85mi
200 Water St Webster, TX	1.0–3.0	1.0–2.0	1094	$1,734	$1.59	0d	38	0.87mi
2041 San Sebastian Ct Unit 2074 Houston, TX	3.0	2.0	1348	$1,473	$1.09	0d	1	0.88mi
2041 San Sebastian Ct Unit 2047 Houston, TX	2.0	2.0	1020	$1,194	$1.17	12d	1	0.88mi
2041 San Sebastian Ct Unit 2162 Houston, TX	2.0	2.0	1020	$1,159	$1.14	9d	1	0.88mi
2041 San Sebastian Ct Unit 3047 Houston, TX	3.0	2.0	1348	$1,524	$1.13	12d	1	0.88mi
2041 San Sebastian Ct Unit 2098 Houston, TX	2.0	2.0	1020	$1,143	$1.12	0d	1	0.88mi
2002 San Sebastian Ct Houston, TX	1.0–2.0	1.0–2.0	945	$1,205	$1.28	0d	15	0.89mi
206 Water St Unit 26103 Webster, TX	2.0	2.0	1122	$1,540	$1.37	45d	1	0.98mi
501 Sarah Deel Dr Unit 538 Webster, TX	2.0	2.0	1275	$1,838	$1.44	0d	1	0.99mi
501 Sarah Deel Dr Apt 424 Webster, TX	2.0	2.0	1275	$1,854	$1.45	9d	1	0.99mi
501 Sarah Deel Dr Unit 2047 Webster, TX	2.0	2.0	1275	$1,889	$1.48	12d	1	0.99mi

HOA detail condo

• Monthly dues: $524 · $6,288/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 33 events

1. 2026-06-21
   days on market $150,000 Active 61 DOM
2. 2026-06-18
   days on market $150,000 Active 58 DOM
3. 2026-06-17
   days on market $150,000 Active 57 DOM
4. 2026-06-16
   days on market $150,000 Active 56 DOM
5. 2026-06-15
   days on market $150,000 Active 55 DOM
6. 2026-06-13
   days on market $150,000 Active 53 DOM
7. 2026-06-13
   pricedays on market $150,000 Active 52 DOM
8. 2026-06-09
   days on market $159,000 Active 49 DOM
9. 2026-06-08
   days on market $159,000 Active 48 DOM
10. 2026-06-07
    days on market $159,000 Active 47 DOM
11. 2026-06-04
    days on market $159,000 Active 44 DOM
12. 2026-06-03
    days on market $159,000 Active 43 DOM
13. 2026-06-02
    days on market $159,000 Active 42 DOM
14. 2026-06-01
    days on market $159,000 Active 41 DOM
15. 2026-05-31
    days on market $159,000 Active 40 DOM
16. 2026-04-21
    price $159,000 819-char remark
17. 2026-04-21
    listed $155,000 Active 819-char remark
18. 2025-12-13
    historical
19. 2025-09-25
    listed $155,000 Active
20. 2025-09-25
    historical
21. 2025-09-17
    price $155,000
22. 2025-06-16
    status Active
23. 2025-06-16
    status Pending
24. 2025-06-10
    status Option Pending
25. 2025-05-31
    price $160,000
26. 2025-04-23
    price $169,900
27. 2025-03-21
    listed $175,000 Active
28. 2025-03-13
    historical
29. 2025-03-12
    listed $175,000 Active
30. 2025-03-12
    historical
31. 2024-12-17
    historical
32. 2024-09-16
    listed $179,900 Active
33. 1989-01-25
    soldstatus $40,500

ⓘ 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: $3,452 · $288/mo
• Projected year-2 tax: $3,452 · $288/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 6/10 Major FEMA zone X (shaded) · 54% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥107°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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,006
• − Mortgage interest: −$8,402
• − Property taxes: −$3,452
• − Insurance: −$750
• − Repairs & maintenance: −$1,600
• − Management: −$1,600
• − HOA: −$6,288
• − Depreciation: −$4,364
• Taxable loss: −$6,451
• Est. tax savings @ 24.0%: +$1,548
• After-tax cash flow: $-2,577/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

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: Harris County · 4,702,590 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 17,850
• Household income: $68,722
• Rent vs Own: 68.8% rent · 31.2% own
• Severe rent burden: 1147.0

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 0.64)
• Race & ethnicity: White 55% Hispanic / Latino 21% Two or more races 15% Asian 10% Black 5%
• Hispanic origin (detail): Mexican 14% Puerto Rican 1%
• Common ancestry: Italian 6% Lithuanian 3% Portuguese 2%
• Foreign-born: 21% · Canada, Vietnam, China
• Languages at home: 70% English-only · Spanish 15% Other Indo-European 5% Vietnamese 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: ▼ -1.22%
• Current HPI: 225.0251
• Rent YoY: ▲ 1.92%
• 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

+270.4% since first listed

19 events — show timeline

• 2026-06-10 Price Changed $150,000 HARMLS
• 2026-04-21 Price Changed $159,000 HARMLS
• 2026-04-21 Listed $155,000 HARMLS
• 2025-12-13 Listing Removed — HARMLS
• 2025-09-25 Listing Removed — HARMLS
• 2025-09-25 Listed $155,000 HARMLS
• 2025-09-17 Price Changed $155,000 HARMLS
• 2025-06-16 Relisted — HARMLS
• 2025-06-16 Pending — HARMLS
• 2025-06-10 Pending — HARMLS
• 2025-05-31 Price Changed $160,000 HARMLS
• 2025-04-23 Price Changed $169,900 HARMLS
• 2025-03-21 Listed $175,000 HARMLS
• 2025-03-13 Coming Soon — HARMLS
• 2025-03-12 Listing Removed — HARMLS
• 2025-03-12 Listed $175,000 HARMLS
• 2024-12-17 Listing Removed — HARMLS
• 2024-09-16 Listed $179,900 HARMLS
• 1989-01-25 Sold (Public Records) $40,500 Public Records

Property tax history

+1.8%/yr

Latest (2025): $3,452 · +0.9% YoY. Source: county tax records.