6735 Coral Ridge Rd · Houston, TX 77069

$300,000

5 bd · 3.5 ba · 3,358 sqft · SingleFamily public records · 38 Days on market

Built 1989 8,328 sqft lot $89/sqft · 23% below area Est $388k · 23% under $55/mo HOA · 2% 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 +15.0/15.0
• Cash flow +6.0/30.0
• Appreciation +4.5/10.0
• Schools +4.4/10.0
• Livability +3.7/5.0
• Rent growth +3.4/5.0
• 1% rule +3.0/10.0
• Condition / age +2.5/5.0
• DSCR +0.4/10.0

Listing remarks MLS

INVESTOR SPECIAL. SOLD AS IS. NO REPAIRS WILL BE MADE. HVAC and roof are both less than 10 years old per seller.

Key facts

• 8,328 sq ft lot
• 2 garage spots
• Built 1989

What this means for you Summary

Snapshot

• This is a 5-bed/3.5-bath single-family listed at $300k.

Deal economics

• At list price, monthly cash flow is $-567 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $200k (33.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $241k (19.6% below list).
• Recommended offer: $200k (33.4% below list) — sets the bar for cash-flow.
• Cap rate 4.0% vs local median 3.2% in Houston — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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.
• Cypress-Fairbanks ISD (suburban): math 45% / reading 52% proficiency, ranked #161 of 826 in TX (top 20%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.5%/yr); 189 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 36% of the median local income ($80k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.1%/yr); year-one equity from $2k of loan paydown is wiped out by about $3k 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 38 days — a 3% lower offer ($291k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $145k; list at $300k implies a 107% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price.
• Climate carrying-cost: major 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.

Recommended offer $199,855 (33.4% 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 38 days. Have you received any prior offers? Is the seller open to a 33% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
9. 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.
10. 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.
11. 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: 0.80% ✗
• Cap rate: 4.03%
• Cash-on-cash: -8.10%
• DSCR: 0.64
• GRM: 10.4

CMA / ARV

• ARV (median comp): $387,604
• List price: $300,000
• Delta: -22.60%
• 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
6723 Mossridge Dr	0.16mi	4/3.5 (-1)	3,355 (-0%)	7mo	$535,000	$159	82
6902 Mossridge Dr	0.22mi	4/3.5 (-1)	3,235 (-4%)	4mo	$350,000	$108	75
13214 Fawcett Dr	0.12mi	4/3.5 (-1)	3,593 (+7%)	5mo	$449,000	$125	74
6723 Ashmore Dr	0.27mi	4/3.5 (-1)	3,574 (+6%)	2mo	$415,500	$116	70
13606 Champions Centre Dr	0.49mi	4/3.5 (-1)	3,341 (-0%)	2mo	$550,000	$165	70
6907 Fawncliff Dr	0.13mi	4/4.5 (-1)	3,619 (+8%)	3mo	$560,000	$155	69
7002 Briton Centre Ct	0.50mi	4/3.0 (-1)	3,319 (-1%)	1mo	$630,000	$190	67
6914 Coral Ridge Rd	0.15mi	4/3.5 (-1)	3,033 (-10%)	7mo	$292,000	$96	66
6810 Apple Valley Ln	0.26mi	5/4.0	2,998 (-11%)	8mo	$435,000	$145	61
6719 Ashmore Dr	0.27mi	4/2.5 (-1)	3,012 (-10%)	4mo	$350,000	$116	58
6782 Cutten Pkwy	0.72mi	4/3.5 (-1)	3,285 (-2%)	3mo	$405,000	$123	55
6226 Pebble Beach Dr	0.62mi	4/3.0 (-1)	3,770 (+12%)	2mo	$715,000	$190	42

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

Projected returns pro-forma

-1.09% appreciation · 3.55% rent growth · sell at horizon

5-year hold

• IRR: -16.4%
• Equity multiple: 0.31×
• Total profit: $-58,344
• Equity at exit: $71,062

10-year hold

• IRR: -8.9%
• Equity multiple: 0.20×
• Total profit: $-67,453
• Equity at exit: $73,472

Cash invested: $84,000 (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 77069

• Home prices YoY: -0.5%
• Rents YoY: 3.5%
• Active inventory: 189
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,413 medium
• Mortgage (P&I): −$1,573
• Tax from tax record: −$720 /mo · $8,635/yr
• Insurance: −$125
• HOA: −$55
• Vacancy / Maint / Mgmt: −$507
• Net cashflow: $-567

Break-even live

Break-even rent $3,130

Max offer price $199,855

Occupancy floor —

Sensitivity live

Price	-10% $-397	-5% $-482	+0% $-567	+5% $-652	+10% $-737
Rent	-10% $-757	-5% $-662	+0% $-567	+5% $-472	+10% $-376
Rate	-1.0pp $-416	-0.5pp $-491	base $-567	+0.5pp $-645	+1.0pp $-724

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: $75,000
• Closing costs: $9,000
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5415 Olympia Fields Ln Houston, TX	4.0	4.0	4163	$3,500	$0.84	4d	1	1.32mi

HOA detail

• Monthly dues: $55 · $660/yr

Listing history 11 events

1. 2026-06-04
   days on market $300,000 Active 38 DOM
2. 2026-06-03
   days on market $300,000 Active 37 DOM
3. 2026-06-02
   days on market $300,000 Active 36 DOM
4. 2026-06-02
   days on market $300,000 Active 35 DOM
5. 2026-05-31
   days on market $300,000 Active 34 DOM
6. 2026-04-27
   listed $300,000 Active 112-char remark

   Show marketing remark (112 chars)

   INVESTOR SPECIAL. SOLD AS IS. NO REPAIRS WILL BE MADE. HVAC and roof are both less than 10 years old per seller.

7. 2026-04-22
   historical $300,000 112-char remark

   Show marketing remark (112 chars)

   INVESTOR SPECIAL. SOLD AS IS. NO REPAIRS WILL BE MADE. HVAC and roof are both less than 10 years old per seller.

8. 2026-04-16
   historical 112-char remark

   Show marketing remark (112 chars)

   INVESTOR SPECIAL. SOLD AS IS. NO REPAIRS WILL BE MADE. HVAC and roof are both less than 10 years old per seller.

9. 2026-04-16
   historical $300,000 112-char remark

   Show marketing remark (112 chars)

   INVESTOR SPECIAL. SOLD AS IS. NO REPAIRS WILL BE MADE. HVAC and roof are both less than 10 years old per seller.

10. 1990-08-29
    soldstatus $145,000
11. 1989-03-01
    soldstatus $145,000

ⓘ 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: $8,635 · $720/mo
• Projected year-2 tax: $8,635 · $720/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 (unshaded) · 70% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,950
• − Mortgage interest: −$16,805
• − Property taxes: −$8,635
• − Insurance: −$1,500
• − Repairs & maintenance: −$2,316
• − Management: −$2,316
• − HOA: −$660
• − Depreciation: −$8,727
• Taxable loss: −$12,008
• Est. tax savings @ 24.0%: +$2,882
• After-tax cash flow: $-3,921/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: Cypress-Fairbanks ISD
• NCES district ID: 4816110
• Math proficiency: 45% ▼ -12.00%
• Reading proficiency: 52% ▼ -2.00%
• Median HH income: $72,025
• Composite: 43.63/100
• National rank: #2968
• State rank: #161 of 826 in TX

Livability — Houston

• Score: 74/100
• State rank: #184
• US rank: #4771

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Harris County · 4,702,590 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 20,608
• Household income: $80,257
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 1259.0

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 0.69)
• Race & ethnicity: White 43% Black 30% Hispanic / Latino 19% Two or more races 12% Asian 5%
• Hispanic origin (detail): Mexican 11% Puerto Rican 2% Salvadoran 2%
• Common ancestry: Slovak 2% Lithuanian 2% Italian 2%
• Foreign-born: 12% · Canada, Vietnam, Jamaica
• Languages at home: 79% English-only · Spanish 14% Other Indo-European 2% German/W. Germanic 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: ▼ -1.09%
• Current HPI: 201.0894
• Rent YoY: ▲ 3.55%
• 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

+106.9% since first listed

6 events — show timeline

• 2026-04-27 Listed $300,000 HARMLS
• 2026-04-22 Coming Soon $300,000 HARMLS
• 2026-04-16 Listing Removed — HARMLS
• 2026-04-16 Coming Soon $300,000 HARMLS
• 1990-08-29 Sold (Public Records) $145,000 Public Records
• 1989-03-01 Sold (Public Records) $145,000 Public Records

Property tax history

+7.4%/yr

Latest (2025): $8,635 · +9.9% YoY. Source: county tax records.