10601 Buffum St · Houston, TX
Flood risk 8/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 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 B- 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 +17.1/30.0
- ARV discount +15.0/15.0
- Appreciation +10.0/10.0
- 1% rule +5.6/10.0
- DSCR +5.3/10.0
- Rent growth +3.7/5.0
- Livability +3.7/5.0
- Schools +2.7/10.0
- Condition / age +2.5/5.0
$200,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Priced to sell! Located in a prime opportunity area, this 3 bed 2 bath is ready to be loved by a new owner. The home sits one street over from new construction and fix and flips have been occurring throughout the subdivision making it a handyman, investor’s, or first time homeowners dream. A few touch ups are needed to get the home back to its ideal condition. A 2023 roof and HVAC exist at this property as well as a detached 2 car garage on this oversized corner lot. Extended back patio. Come see this gem!
Key facts
- Oversized corner lot
- New construction
- Extended back patio
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $200k.
Deal economics
- At list price, monthly cash flow is $73 ($873/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $200k).
- Recommended offer: $182k (9.0% below list) — sets the bar for market timing.
- Cap rate 7.1% 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 rising fast (+4.8%/yr); 312 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
- At $2,118/mo this rent would consume 68% of the median local household income ($37k/yr) (locally 1446% 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 $21k of equity ($1k loan paydown + $20k appreciation (10.0% local appreciation)).
- Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (10.0% appreciation + 4.8% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.
- By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 112 days — a 9% lower offer ($182k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 16y 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.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo; built in 1954 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 112 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- 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?
- 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
- 1.06% ✓
- Cap rate
- 7.13%
- Cash-on-cash
- 2.98%
- DSCR
- 1.13
- GRM
- 7.9
CMA / ARV
- ARV (median comp)
- $252,668
- List price
- $200,000
- Delta
- -20.84%
- 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 |
|---|---|---|---|---|---|---|---|
| 10322 Penryn Forest Trl | 0.26mi | 3/2.5 | 1,486 (-0%) | 2mo | $304,990 | $205 | 84 |
| 10208 Penryn Forest Trl | 0.30mi | 3/2.5 | 1,486 (-0%) | 2mo | $299,990 | $202 | 82 |
| 10316 Largent Hollow Trl | 0.41mi | 3/2.5 | 1,486 (-0%) | 1mo | $306,990 | $207 | 78 |
| 2818 Milton Lodge Ln | 0.26mi | 3/2.5 | 1,384 (-7%) | 2mo | $279,990 | $202 | 72 |
| 10204 Penryn Forest Trl | 0.31mi | 3/2.5 | 1,384 (-7%) | 1mo | $284,990 | $206 | 71 |
| 2618 Afton Heights Way | 0.36mi | 3/2.5 | 1,586 (+6%) | 1mo | $299,990 | $189 | 70 |
| 2622 Afton Heights Way | 0.35mi | 3/2.5 | 1,586 (+6%) | 2mo | $310,990 | $196 | 70 |
| 2608 Afton Heights Way | 0.38mi | 3/2.5 | 1,586 (+6%) | 1mo | $313,990 | $198 | 69 |
| 2614 Afton Heights Way | 0.37mi | 3/2.5 | 1,384 (-7%) | 1mo | $279,990 | $202 | 68 |
| 10318 Largent Hollow Trl | 0.41mi | 3/2.5 | 1,586 (+6%) | 1mo | $313,990 | $198 | 68 |
| 3623 Jipsie Ln | 0.64mi | 3/2.0 | 1,617 (+8%) | 2mo | $205,000 | $127 | 54 |
| 9401 Kappa Dr | 0.72mi | 3/2.0 | 1,631 (+9%) | 1mo | $200,000 | $123 | 50 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
10.0% appreciation · 4.77% rent growth · sell at horizon
- IRR
- 26.2%
- Equity multiple
- 3.10×
- Total profit
- $117,561
- Equity at exit
- $180,176
- IRR
- 23.5%
- Equity multiple
- 7.27×
- Total profit
- $351,253
- Equity at exit
- $388,556
Cash invested: $56,000 (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
ZIP-level market 77051
- Home prices YoY
- 9.7%
- Rents YoY
- 4.8%
- Active inventory
- 312
- Price-to-rent
- 7.9×
Monthly cashflow live
- Estimated rent
- $2,118 high interval (Pro) →
- Mortgage (P&I)
- −$1,049
- Tax from tax record
- −$402 /mo · $4,818/yr
- Insurance
- −$83
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$445
- Net cashflow
- $73
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
- $50,000
- Closing costs
- $6,000
- 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 19 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2937 Amherst Meadow Ln Unit NA Houston, TX | 3.0 | 2.5 | 1820 | $2,400 | $1.32 | 4d | 1 | 0.11mi |
| 2937 Amherst Meadow Ln Houston, TX | 3.0 | 2.5 | 1820 | $2,450 | $1.35 | 22d | 1 | 0.11mi |
| 10514 Wellesley Terrace Trl Houston, TX | 3.0 | 3.0 | 1843 | $2,300 | $1.25 | 18d | 1 | 0.20mi |
| 10510 Cathedral Dr Houston, TX | 3.0 | 1.0 | 887 | $1,300 | $1.47 | 43d | 1 | 0.28mi |
| 10415 Lancaster Ln Houston, TX | 3.0–4.0 | 2.5 | 1937 | $2,525 | $1.30 | 20d | 1 | 0.33mi |
| 9610 Buffum St Houston, TX | 3.0 | 3.0 | 1605 | $1,799 | $1.12 | 43d | 1 | 0.61mi |
| 9606 Ashville Dr Unit B Houston, TX | 3.0 | 2.0 | 1610 | $1,570 | $0.98 | 43d | 1 | 0.67mi |
| 2910 Reed Rd Houston, TX | 1.0–3.0 | 1.0–2.0 | 967 | $1,280 | $1.32 | 1d | 5 | 0.84mi |
| 2889 Reed Rd Houston, TX | 1.0–2.0 | 1.0–2.0 | 997 | $1,648 | $1.65 | 3d | 2 | 1.08mi |
| 2725 Reed Rd Houston, TX | 1.0–3.0 | 1.0–2.5 | 911 | $975 | $1.07 | 43d | 1 | 1.08mi |
| 11900 Oakmoor Pkwy Houston, TX | 1.0–3.0 | 1.0–2.0 | 892 | $1,469 | $1.65 | 3d | 12 | 1.29mi |
| 11819 Leitrim Way Houston, TX | 3.0 | 1.0 | 1476 | $1,150 | $0.78 | 5d | 1 | 1.35mi |
| 11800 City Park Central Ln Unit 11857 Houston, TX | 2.0 | 2.0 | 885 | $1,362 | $1.54 | 43d | 1 | 1.44mi |
| 11800 City Park Central Ln Apt 422 Houston, TX | 2.0 | 2.0 | 885 | $1,290 | $1.46 | 7d | 1 | 1.44mi |
| 11800 City Park Central Ln Unit 2174 Houston, TX | 2.0 | 2.0 | 885 | $1,314 | $1.48 | 10d | 1 | 1.44mi |
| 11800 City Park Central Ln Unit 2162 Houston, TX | 2.0 | 2.0 | 885 | $1,290 | $1.46 | 5d | 1 | 1.44mi |
| 11800 City Park Central Ln Unit 425 Houston, TX | 2.0 | 2.0 | 885 | $1,282 | $1.45 | 3d | 1 | 1.44mi |
| 11806 City Park Central Ln Houston, TX | 2.0 | 2.0 | 1107 | $1,636 | $1.48 | 16d | 1 | 1.45mi |
| 11806 City Park Central Ln Houston, TX | 2.0 | 2.0 | 1107 | $1,636 | $1.48 | 43d | 1 | 1.45mi |
Listing history 36 events
-
2026-06-18days on market $200,000 Active 112 DOM
-
2026-06-17days on market $200,000 Active 111 DOM
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2026-06-16days on market $200,000 Active 110 DOM
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2026-06-15days on market $200,000 Active 109 DOM
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2026-06-13days on market $200,000 Active 107 DOM
-
2026-06-10days on market $200,000 Active 103 DOM
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2026-06-08days on market $200,000 Active 102 DOM
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2026-06-07days on market $200,000 Active 101 DOM
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2026-06-04days on market $200,000 Active 98 DOM
-
2026-06-01days on market $200,000 Active 95 DOM
-
2026-05-31days on market $200,000 Active 94 DOM
-
2026-02-26$200,000 Active 518-char remark
Show marketing remark (518 chars)
Priced to sell! Located in a prime opportunity area, this 3 bed 2 bath is ready to be loved by a new owner. The home sits one street over from new construction and fix and flips have been occurring throughout the subdivision making it a handyman, investor’s, or first time homeowners dream. A few touch ups are needed to get the home back to its ideal condition. A 2023 roof and HVAC exist at this property as well as a detached 2 car garage on this oversized corner lot. Extended back patio. Come see this gem!
-
2020-07-27soldstatus
-
2020-07-24soldstatus Sold 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-06-25status Pending 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-06-20status Active 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-06-13status Option Pending 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-06-09price $157,000 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-06-02status Active 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-05-29status Option Pending 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-05-26price $160,000 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-05-20status Active 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-05-20status Option Pending 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
-
2020-05-05$165,000 Active 821-char remark
Show marketing remark (821 chars)
Come see this beautifully remodeled home in the Reedwoods Subdivision. This property sits on an oversized corner lot with a circular driveway, detached double car garage, cozy backyard, privacy fence and a large covered patio. This home boasts an easy flowing open floor plan, with the living room open to both kitchen and family room. The master bedroom includes his and hers closets, a sitting area, and a completely remodeled custom bathroom with tiled floor & bath surround. Newly installed features include: ceiling fans; recessed lighting; granite countertops; SS appliances; interior & exterior paint; laminate, carpet, and tile floors. This property is located blocks away from Hwy 288 and minutes to the 610 Loop. A MUST SEE!!! Won't be on the market long. Transferable foundation warranty included.
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2020-02-26soldstatus
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2015-09-01soldstatus
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2015-08-31historical
-
2015-08-28soldstatus Sold
-
2015-08-26status Pending
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2015-08-18status Active
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2015-08-14status Pending, Continue to Show
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2015-07-16$77,000 Active
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2010-10-13historical
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2010-10-13$1,500
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2005-03-04soldstatus
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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
- $4,818 · $402/mo
- Projected year-2 tax
- $4,818 · $402/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 8/10 Severe FEMA zone X (shaded) · 99% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 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
- $25,411
- − Mortgage interest
- −$11,203
- − Property taxes
- −$4,818
- − Insurance
- −$1,798
- − Repairs & maintenance
- −$2,033
- − Management
- −$2,033
- − Depreciation
- −$5,818
- Taxable loss
- −$2,292
- Est. tax savings @ 24.0%
- +$550
- After-tax cash flow
- $1,423/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)
- 19,795
- Household income
- $37,415
- Rent vs Own
- Severe rent burden
- 1446.0
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
- Predominantly Black (77%)
- Race & ethnicity
- Black 77% Hispanic / Latino 16% Two or more races 11% White 3%
- Hispanic origin (detail)
- Mexican 6% Puerto Rican 1%
- Foreign-born
- 8% · Canada, China
- Languages at home
- 88% English-only · Spanish 10%
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
- ▲ 16.02%
- Current HPI
- 180.4283
- Rent YoY
- ▲ 4.77%
- 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
+13233.3% since first listed25 events — show timeline
- 2026-02-26 Listed $200,000 HARMLS
- 2020-07-27 Sold (Public Records) — Public Records
- 2020-07-24 Sold (MLS) — HARMLS
- 2020-06-25 Pending — HARMLS
- 2020-06-20 Relisted — HARMLS
- 2020-06-13 Pending — HARMLS
- 2020-06-09 Price Changed $157,000 HARMLS
- 2020-06-02 Relisted — HARMLS
- 2020-05-29 Pending — HARMLS
- 2020-05-26 Price Changed $160,000 HARMLS
- 2020-05-20 Relisted — HARMLS
- 2020-05-20 Pending — HARMLS
- 2020-05-05 Listed $165,000 HARMLS
- 2020-02-26 Sold (Public Records) — Public Records
- 2015-09-01 Sold (Public Records) — Public Records
- 2015-08-31 Listing Removed — HARMLS
- 2015-08-28 Sold (MLS) — HARMLS
- 2015-08-26 Pending — HARMLS
- 2015-08-18 Relisted — HARMLS
- 2015-08-14 Pending — HARMLS
- 2015-07-16 Listed $77,000 HARMLS
- 2010-10-13 Listed $1,500 HARMLS
- 2010-10-13 Listing Removed — HARMLS
- 2005-03-04 Sold (Public Records) — Public Records
- 1988-01-02 Sold (Public Records) — Public Records
Property tax history
+11.1%/yrLatest (2025): $4,818 · +2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…