1342 Goswell Ln · Channelview, TX 77530

$199,000

5 bd · 2.5 ba · 2,188 sqft · SingleFamily public records · 9 Days on market

Built 1980 6,098 sqft lot Est $291k · 32% 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).

• Cash flow +20.6/30.0
• ARV discount +15.0/15.0
• DSCR +6.5/10.0
• 1% rule +6.4/10.0
• Rent growth +5.0/5.0
• Livability +3.3/5.0
• Schools +2.5/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

CALL NOW & purchase this GREAT home that showcases a HUGE living area; PLENTY of space TOWERING ceilings; FRESH paint; LARGE kitchen w/ ENDLESS counter space; SWIRLING ceiling fans; UNIQUE Five(5) bedrooms; REGAL fireplace; and a RECENT exterior AC system. DON T MISS OUT! This MATURE neighborhood is close to a PLETHORA of dining; shopping; Dell Dale; I-10; Beltway 8E. FANTASTIC BUY!

Key facts

• 6,098 sq ft lot
• 2 garage spots
• Built 1980

Property features AI

Finance

• HOA & community: Member of Sterling Green HOA

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 1980; Slab foundation
• Construction: Brick construction
• Exterior features: Lot approximately 6,098 sq ft; Lot features: Other

Interior

• Bedrooms: Bedroom on first level (12 x 11); Bedroom on first level (12 x 11); Bedroom on first level (14 x 12); Bedroom on first level (14 x 11); Bedroom on first level (19 x 12)
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating; Gas heating
• Interior features: One fireplace; Five total rooms

What this means for you Summary

Snapshot

• This is a 5-bed/2.5-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $265 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $199k).
• Cap rate 7.9% vs local median 4.8% in Channelview — 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 66/100 on livability (#598 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
• Channelview ISD (suburban): math 27% / reading 30% proficiency, ranked #640 of 826 in TX (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 70% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Aguirre J H (math 24% / reading 28%, grade F, #1,222 of 1,662 statewide, top 74%, 975 students, 76% FRL); Channelview H S (math 24% / reading 35%, grade F, #1,112 of 1,632 statewide, top 70%, 2,893 students, 87% FRL).
• Market conditions: Rents rising fast (+16.9%/yr); 100 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent runs 44% of the median local income ($62k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $56k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 15y 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

• Climate carrying-cost: 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 $199,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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?
4. 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.
5. 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.
6. 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: 1.14% ✓
• Cap rate: 7.89%
• Cash-on-cash: 5.70%
• DSCR: 1.25
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $291,004
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1347 Goswell Ln	0.03mi	4/2.0 (-1)	2,156 (-2%)	7mo	$255,000	$118	83
15467 Arce Rojo St	0.58mi	4/2.5 (-1)	2,219 (+1%)	2mo	$295,000	$133	64
1607 Jaquima Valley Way	0.64mi	4/2.5 (-1)	2,198 (+0%)	1mo	$305,000	$139	64
15223 Bedford Glen Dr	0.22mi	4/2.5 (-1)	1,905 (-13%)	0mo	$229,000	$120	63
1038 Willersley Ln	0.44mi	4/2.0 (-1)	1,992 (-9%)	8mo	$240,000	$120	51
1231 Nuevo Carrasco Ln	0.33mi	4/2.0 (-1)	1,904 (-13%)	6mo	$285,000	$150	51
15402 Cielo Azul Ln	0.55mi	4/2.0 (-1)	1,974 (-10%)	3mo	$285,000	$144	49
15443 Cipres Verde St	0.51mi	4/2.0 (-1)	1,881 (-14%)	2mo	$259,900	$138	44
1715 Mickle Creek Dr	0.54mi	4/2.5 (-1)	2,428 (+11%)	9mo	$284,900	$117	44
1914 Rock Ridge Dr	0.72mi	4/2.5 (-1)	2,428 (+11%)	2mo	$289,900	$119	42
1535 Carbonear Dr	0.72mi	4/2.5 (-1)	1,977 (-10%)	8mo	$229,000	$116	39
1042 Rancho Grande Dr	0.67mi	4/2.0 (-1)	1,869 (-15%)	1mo	$260,000	$139	37

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 · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -1.5%
• Equity multiple: 0.94×
• Total profit: $-3,325
• Equity at exit: $29,672

10-year hold

• IRR: 13.3%
• Equity multiple: 2.32×
• Total profit: $73,695
• Equity at exit: $17,206

Cash invested: $55,720 (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 77530

• Rents YoY: 16.9%
• Active inventory: 100
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,261 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$395 /mo · $4,745/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$475
• Net cashflow: $265

Break-even live

Break-even rent $1,926

Max offer price $199,000

Occupancy floor 83%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1379 Dell Dale St Channelview, TX	4.0	2.0	1444	$1,893	$1.31	5d	1	0.12mi
1111 Chestnut Bough St Channelview, TX	4.0	3.0	2366	$2,049	$0.87	1d	1	0.31mi
14611 Crosshaven Dr Houston, TX	4.0	3.0	2719	$2,500	$0.92	43d	1	1.20mi

Listing history 7 events

1. 2026-06-18
   days on market $199,000 Active 9 DOM
2. 2026-06-17
   days on market $199,000 Active 8 DOM
3. 2026-06-16
   days on market $199,000 Active 7 DOM
4. 2026-06-15
   days on market $199,000 Active 6 DOM
5. 2026-06-13
   days on market $199,000 Active 4 DOM
6. 2026-06-10
   remarks 699-char remark
7. 2026-06-10
   listed $199,000 Active 1 DOM

ⓘ 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: $4,745 · $395/mo
• Projected year-2 tax: $4,745 · $395/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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,136
• − Mortgage interest: −$11,147
• − Property taxes: −$4,745
• − Insurance: −$995
• − Repairs & maintenance: −$2,171
• − Management: −$2,171
• − Depreciation: −$5,789
• Taxable income: $118
• Est. tax owed @ 24.0%: −$28
• After-tax cash flow: $3,146/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: Channelview ISD
• NCES district ID: 4813590
• Math proficiency: 27% ▼ -22.00%
• Reading proficiency: 30% ▼ -8.00%
• Median HH income: $52,320
• Composite: 25.18/100
• National rank: #7513
• State rank: #640 of 826 in TX

Livability — Channelview

• Score: 66/100
• State rank: #598
• US rank: #11392

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Channelview, TX
• County: Harris County · 4,702,590 people
• City population: 31,527
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 31,527
• Household income: $62,195
• Rent vs Own: 30.2% rent · 69.8% own
• Severe rent burden: 966.0

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 Hispanic (71%)
• Race & ethnicity: Hispanic / Latino 71% Two or more races 31% White 16% Black 9% Asian 4% Native American 1%
• Hispanic origin (detail): Mexican 61%
• Common ancestry: Slovak 1% Lithuanian 1%
• Foreign-born: 33% · Canada, Vietnam, Jamaica
• Languages at home: 37% English-only · Spanish 60% Other Asian/Pacific 1% Vietnamese 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: ▼ -172.05%
• Current HPI: 292.1862
• Rent YoY: ▲ 16.85%
• 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

+99.0% since first listed

11 events — show timeline

• 2026-06-09 Listed $199,000 HARMLS
• 2014-12-03 Sold (Public Records) — Public Records
• 2014-09-25 Sold (MLS) — HARMLS
• 2014-08-27 Pending — HARMLS
• 2014-08-13 Pending — HARMLS
• 2014-08-06 Relisted — HARMLS
• 2014-08-02 Pending — HARMLS
• 2014-07-09 Listed $117,000 HARMLS
• 2012-12-04 Listing Removed — HARMLS
• 2011-12-11 Listed $99,999 HARMLS
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+1.9%/yr

Latest (2025): $4,745 · -2.3% YoY. Source: county tax records.