601 Northbend Dr · Baytown, TX 77521

$144,999

3 bd · 2.0 ba · 1,327 sqft · SingleFamily public records · 268 Days on market

Built 1975 8,611 sqft lot $109/sqft · 24% below area Est $192k · 24% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +14.5/30.0
• 1% rule +5.7/10.0
• DSCR +4.4/10.0
• Livability +3.5/5.0
• Schools +3.2/10.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

Key facts

• New flooring
• Fresh interior paint
• Corner lot

Tags

• CORNER LOT
• FRESH INTERIOR PAINT
• REMODELED SECONDARY BATHROOM
• NEW FLOORING
• ENCLOSED PATIO

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $31 ($372/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.5% vs local median 4.2% in Baytown — 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 69/100 on livability (#412 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D+, employment D+, crime F.
• Goose Creek CISD (urban): math 37% / reading 36% proficiency, ranked #473 of 826 in TX (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+1.5%/yr); 612 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 59% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 268 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 7y ago; this cycle's ask has dropped $45k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price.
• 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.

Recommended offer $127,599 (12.0% below list)

Questions for the listing agent

1. It's been on market 268 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.07% ✓
• Cap rate: 6.55%
• Cash-on-cash: 0.92%
• DSCR: 1.04
• GRM: 7.8

CMA / ARV

• ARV (median comp): $191,784
• List price: $144,999
• Delta: -24.39%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
702 Meadowglen Dr	0.13mi	3/2.0	1,354 (+2%)	10mo	$175,000	$129	82
601 Midway Dr	0.32mi	3/2.0	1,324 (-0%)	8mo	$204,900	$155	78
204 Chandler Dr	0.32mi	4/1.0 (+1)	1,352 (+2%)	3mo	$157,500	$116	71
302 Long Dr	0.36mi	4/2.0 (+1)	1,320 (-0%)	8mo	$160,000	$121	70
602 Meadowglen Dr	0.09mi	4/2.0 (+1)	1,449 (+9%)	10mo	$214,000	$148	68
107 Midway Dr	0.43mi	3/1.5	1,374 (+4%)	8mo	$210,000	$153	66
103 Long Dr	0.50mi	3/1.0	1,272 (-4%)	1mo	$117,450	$92	65
2803 Newcastle Dr	0.32mi	3/2.0	1,474 (+11%)	4mo	$199,900	$136	63
202 Harold Ln	0.66mi	3/2.0	1,344 (+1%)	6mo	$229,500	$171	62
1314 Robert St	0.62mi	3/2.0	1,281 (-4%)	6mo	$198,000	$155	61
4102 Longhorn Dr	0.69mi	3/2.0	1,405 (+6%)	2mo	$235,000	$167	57
1214 Robert St	0.57mi	3/2.0	1,226 (-8%)	9mo	$199,000	$162	53

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

Projected returns pro-forma

-3.0% appreciation · 1.48% rent growth · sell at horizon

5-year hold

• IRR: -16.8%
• Equity multiple: 0.42×
• Total profit: $-23,709
• Equity at exit: $21,620

10-year hold

• IRR: -12.0%
• Equity multiple: 0.34×
• Total profit: $-26,803
• Equity at exit: $12,537

Cash invested: $40,600 (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 77521

• Rents YoY: 1.5%
• Active inventory: 612
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,545 high
• Mortgage (P&I): −$760
• Tax from tax record: −$369 /mo · $4,426/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$324
• Net cashflow: $31

Break-even live

Break-even rent $1,506

Max offer price $144,999

Occupancy floor 93%

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
700 Meadowglen Dr Baytown, TX	3.0	2.0	1472	$1,800	$1.22	24d	1	0.13mi
10960 Bradford Way Dr Baytown, TX	2.0	2.0	933	$1,290	$1.38	44d	1	0.67mi
305 Kelly Ln Baytown, TX	3.0	2.0	1650	$1,000	$0.61	15d	1	0.69mi
619 Rollingbrook Dr Baytown, TX	1.0–3.0	1.0–2.0	920	$1,934	$2.10	2d	34	0.72mi
1525 Barcelona Way Baytown, TX	3.0	2.0	1112	$1,250	$1.12	24d	1	0.83mi
1519 Barcelona Way Baytown, TX	3.0	2.0	1325	$1,250	$0.94	44d	1	0.85mi
1706 Bob Smith Rd Baytown, TX	2.0	2.0	900	$1,075	$1.19	44d	1	0.87mi
1512 Beaumont Rd Baytown, TX	3.0	2.0	1112	$1,200	$1.08	44d	1	0.87mi
1510 Beaumont Rd Baytown, TX	2.0	1.0	1010	$1,100	$1.09	44d	1	0.88mi
1507 Barcelona Way Baytown, TX	2.0	2.0	1070	$1,075	$1.00	44d	1	0.89mi
1502 Beaumont Rd Baytown, TX	2.0	1.0	1010	$1,000	$0.99	44d	1	0.90mi
607 Vista Ave Baytown, TX	3.0	2.0	1232	$1,475	$1.20	44d	1	0.95mi
4313 Lariat Dr Baytown, TX	3.0	2.0	1549	$1,713	$1.11	5d	1	1.07mi
1717 James Bowie Dr Baytown, TX	2.0	2.0	950	$1,200	$1.26	44d	1	1.07mi
2104 James Bowie Dr Baytown, TX	2.0	1.0	997	$1,350	$1.35	44d	1	1.14mi
516 William Ave Baytown, TX	2.0	1.0	931	$1,250	$1.34	44d	1	1.15mi
2399 James Bowie Dr Baytown, TX	2.0	1.0	950	$1,275	$1.34	19d	1	1.15mi
2399 James Bowie Dr Unit APG Baytown, TX	2.0	1.0	950	$1,275	$1.34	24d	1	1.15mi
3409 Garth Rd Baytown, TX	2.0	2.0	920	$950	$1.03	44d	1	1.22mi
804 Pearl St Unit 1 Baytown, TX	3.0	2.0	1667	$1,540	$0.92	24d	1	1.28mi
508 Forrest St Baytown, TX	2.0	1.0	980	$1,299	$1.33	5d	1	1.34mi
99 W Cedar Bayou Lynchburg Rd Baytown, TX	1.0–3.0	1.0–2.0	1027	$2,254	$2.19	3d	16	1.34mi
1706 Rollingbrook Dr Baytown, TX	2.0	2.0	1033	$1,450	$1.40	44d	1	1.39mi
1305 Memorial Dr Baytown, TX	1.0–2.0	1.0	845	$1,193	$1.41	24d	3	1.40mi
1300 Madison St Baytown, TX	3.0	1.0	1316	$1,500	$1.14	44d	1	1.42mi
4925 N Main St Baytown, TX	2.0	2.0	1180	$1,550	$1.31	44d	1	1.45mi
105 E Adoue St Baytown, TX	3.0	1.0	1040	$1,200	$1.15	44d	1	1.45mi

Listing history 32 events

1. 2026-06-18
   days on market $144,999 Active 268 DOM
2. 2026-06-17
   days on market $144,999 Active 267 DOM
3. 2026-06-16
   days on market $144,999 Active 266 DOM
4. 2026-06-15
   days on market $144,999 Active 265 DOM
5. 2026-06-13
   days on market $144,999 Active 263 DOM
6. 2026-06-09
   days on market $144,999 Active 259 DOM
7. 2026-06-07
   days on market $144,999 Active 257 DOM
8. 2026-06-04
   days on market $144,999 Active 254 DOM
9. 2026-06-03
   days on market $144,999 Active 253 DOM
10. 2026-06-02
    days on market $144,999 Active 252 DOM
11. 2026-06-01
    days on market $144,999 Active 251 DOM
12. 2026-05-31
    days on market $144,999 Active 250 DOM
13. 2026-05-18
    price $144,999 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

14. 2026-05-18
    price $145,999 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

15. 2026-05-12
    price $148,999 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

16. 2026-04-14
    price $149,999 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

17. 2026-02-10
    price $150,000 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

18. 2026-01-08
    price $164,999 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

19. 2025-11-08
    price $169,999 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

20. 2025-09-30
    price $175,000 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

21. 2025-09-23
    listed $190,000 Active 649-char remark

    Show marketing remark (649 chars)

    Investor Special – Spacious Corner Lot Home! This home offers outstanding potential with several key updates already in place. Featuring fresh interior paint, a roof only 7 years old, and a remodeled secondary bathroom, this property is move-in ready while still allowing room for customization. Two rooms have brand new flooring, adding to the value and appeal. Situated on a desirable corner lot, the home boasts large square footage and an enclosed patio, perfect for entertaining or relaxing. Whether you’re an investor or buyer looking to create your dream home, this property is a must-see. Schedule your private showing today!

22. 2020-04-29
    historical
23. 2020-03-23
    status Active
24. 2020-03-04
    status Pending
25. 2020-03-02
    status Active
26. 2019-11-12
    status Pending
27. 2019-08-28
    status Active
28. 2019-08-22
    status Pending
29. 2019-08-14
    status Option Pending
30. 2019-07-21
    listed $120,000 Active
31. 2003-06-30
    soldstatus
32. 1993-01-02
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $4,426 · $369/mo
• Projected year-2 tax: $4,426 · $369/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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°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 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,542
• − Mortgage interest: −$8,122
• − Property taxes: −$4,426
• − Insurance: −$725
• − Repairs & maintenance: −$1,483
• − Management: −$1,483
• − Depreciation: −$4,218
• Taxable loss: −$1,916
• Est. tax savings @ 24.0%: +$460
• After-tax cash flow: $832/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: Goose Creek CISD
• NCES district ID: 4821150
• Math proficiency: 37% ▼ -11.00%
• Reading proficiency: 36% ▼ -4.00%
• Median HH income: $52,468
• Composite: 31.84/100
• National rank: #5877
• State rank: #473 of 826 in TX

Livability — Baytown

• Score: 69/100
• State rank: #412
• US rank: #8494

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D+ Housing A+ Health & safety B- User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Baytown, TX
• County: Harris County · 4,702,590 people
• City population: 135,579
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 69,038
• Household income: $73,629
• Rent vs Own: 41.8% rent · 58.2% own
• Severe rent burden: 2121.0

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: Hispanic / Latino 50% White 28% Two or more races 18% Black 17% Asian 3%
• Hispanic origin (detail): Mexican 42% Puerto Rican 2%
• Common ancestry: Lithuanian 2% Slovak 1%
• Foreign-born: 20% · Canada, Vietnam
• Languages at home: 59% English-only · Spanish 36% French/Haitian/Cajun 1% 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: ▼ -154.80%
• Current HPI: 246.1892
• Rent YoY: ▲ 1.48%
• 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

+20.8% since first listed

20 events — show timeline

• 2026-05-18 Price Changed $144,999 HARMLS
• 2026-05-18 Price Changed $145,999 HARMLS
• 2026-05-12 Price Changed $148,999 HARMLS
• 2026-04-14 Price Changed $149,999 HARMLS
• 2026-02-10 Price Changed $150,000 HARMLS
• 2026-01-08 Price Changed $164,999 HARMLS
• 2025-11-08 Price Changed $169,999 HARMLS
• 2025-09-30 Price Changed $175,000 HARMLS
• 2025-09-23 Listed $190,000 HARMLS
• 2020-04-29 Listing Removed — HARMLS
• 2020-03-23 Relisted — HARMLS
• 2020-03-04 Pending — HARMLS
• 2020-03-02 Relisted — HARMLS
• 2019-11-12 Pending — HARMLS
• 2019-08-28 Relisted — HARMLS
• 2019-08-22 Pending — HARMLS
• 2019-08-14 Pending — HARMLS
• 2019-07-21 Listed $120,000 HARMLS
• 2003-06-30 Sold (Public Records) — Public Records
• 1993-01-02 Sold (Public Records) — Public Records

Property tax history

+3.0%/yr

Latest (2025): $4,426 · -4.2% YoY. Source: county tax records.