7351 Guadalcanal Rd · Houston, TX 77033

$115,000

3 bd · 1.0 ba · 918 sqft · SingleFamily public records · 17 Days on market

Built 1950 5,292 sqft lot Est $102k · 13% over

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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 +28.6/30.0
• DSCR +10.0/10.0
• 1% rule +8.0/10.0
• Rent growth +3.9/5.0
• Livability +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• ARV discount +1.7/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Come see this Property * * A great investment property, or a home for you and your family to redesign to your liking. TENANT OCCUPIED. Close proximity to major freeways as well as NRG Stadium, Medical Center, & more. The area is growing with development projects as well as beautiful, remodeled homes. This Property has a new 30-year roof * * * TEXT AGENT * * to schedule a showing! Thank you!

Key facts

• 5,292 sq ft lot
• Built 1950
• Listed 16 days

Property features AI

Finance

• Other: Seller disclosure available

Exterior

• Utilities: Public water; Public sewer; Electric cooling/heating
• Home design: Residential property; Single-story (all main rooms listed on first floor); Facing direction not provided
• Construction: Built in 1950; Cement siding; Slab foundation; Composition roof
• Exterior features: Cleared lot

Interior

• Bedrooms: Primary bedroom on the first floor; Two additional bedrooms on the first floor
• Bathrooms: One full bathroom
• Heating & cooling: Central air conditioning (electric)
• Interior features: 3 total rooms; Cleared lot (see Exterior for lot details)

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $312 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $115k).
• Recommended offer: $113k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.2% 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: 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.
• Zoned schools: Attucks Middle (math 15% / reading 22%, grade F, #1,478 of 1,662 statewide, top 90%, 439 students, 98% FRL); Worthing H S (math 22% / reading 21%, grade F, #1,377 of 1,632 statewide, top 85%, 827 students, 96% FRL) — zoned schools average 97% FRL vs 71% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+5.5%/yr); 338 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• At $1,497/mo this rent would consume 47% of the median local household income ($38k/yr) (locally 1728% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 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.
• At projected returns (-3.0% appreciation + 5.5% rent growth), your $32k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($113k) is reasonable based on typical stale-listing flexibility.
• 10 sale attempts since 19y ago; this cycle's ask has dropped $20k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1950 — 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $113,275 (1.5% below list)

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.30% ✓
• Cap rate: 10.24%
• Cash-on-cash: 14.11%
• DSCR: 1.63
• GRM: 6.4

CMA / ARV

• ARV (on-the-fly): $101,898
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7314 Forrestal St	0.10mi	3/1.0	1,020 (+11%)	0mo	$105,000	$103	77
5041 Southwind St	0.09mi	3/2.0	1,020 (+11%)	7mo	$195,000	$191	67
7338 Mountbatten Rd	0.34mi	4/1.0 (+1)	924 (+1%)	16mo	$148,000	$160	65
5022 Ridgeway Dr	0.47mi	3/1.0	912 (-1%)	17mo	$115,000	$126	63
7302 Forrestal St	0.12mi	3/1.0	1,050 (+14%)	15mo	$115,000	$110	58
7343 Mountbatten Rd	0.36mi	2/1.0 (-1)	965 (+5%)	21mo	$95,000	$98	52
5330 Pershing St	0.42mi	3/1.0	1,002 (+9%)	16mo	$133,000	$133	52
5106 Southwind St	0.14mi	4/2.0 (+1)	1,040 (+13%)	16mo	$114,900	$110	49
5301 Burma Rd	0.47mi	3/1.0	992 (+8%)	19mo	$109,900	$111	48
5306 Kenilwood Dr	0.52mi	2/1.0 (-1)	1,038 (+13%)	5mo	$80,000	$77	45
5421 Bataan Rd	0.70mi	3/1.0	986 (+7%)	21mo	$124,900	$127	38
7710 Sharondale Dr	0.67mi	2/1.0 (-1)	1,050 (+14%)	10mo	$75,000	$71	32

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 · 5.45% rent growth · sell at horizon

5-year hold

• IRR: 4.0%
• Equity multiple: 1.16×
• Total profit: $5,102
• Equity at exit: $17,147

10-year hold

• IRR: 15.8%
• Equity multiple: 2.45×
• Total profit: $46,642
• Equity at exit: $9,943

Cash invested: $32,200 (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 77033

• Home prices YoY: -16.3%
• Rents YoY: 5.5%
• Active inventory: 338
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,497 high
• Mortgage (P&I): −$603
• Tax from tax record: −$153 /mo · $1,834/yr
• Insurance: −$48
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $312

Break-even live

Break-even rent $1,102

Max offer price $115,000

Occupancy floor 74%

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

Rent comps 18 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7918 Jutland Rd Houston, TX	3.0	1.0	996	$1,295	$1.30	44d	1	0.54mi
7818 Calhoun Rd Unit 8 Houston, TX	2.0	1.0	800	$1,200	$1.50	44d	1	0.55mi
5314 Northridge Dr Unit A Houston, TX	3.0	2.0	872	$1,185	$1.36	44d	1	0.62mi
4615 Redbud St Unit b Houston, TX	3.0	2.0	872	$1,149	$1.32	24d	1	0.64mi
4609 Bricker St Unit C Houston, TX	2.0	1.5	1100	$3,200	$2.91	13d	1	0.68mi
5537 Bataan Rd Houston, TX	2.0	1.0	880	$1,300	$1.48	44d	1	0.85mi
8521 Dosia St Houston, TX	3.0	2.0	1028	$1,665	$1.62	13d	1	0.93mi
4007 Corder St Houston, TX	2.0	1.0	814	$885	$1.09	24d	1	1.05mi
4410 Bellfort Ave Unit 4404 8 Houston, TX	2.0	1.0	812	$999	$1.23	8d	1	1.06mi
1600 Jester St Houston, TX	1.0–2.0	1.0	707	$1,395	$1.97	2d	4	1.11mi
7823 Gladstone St Houston, TX	2.0	2.0	850	$1,600	$1.88	44d	1	1.25mi
5042 Mallow St Houston, TX	2.0	1.0	672	$995	$1.48	5d	1	1.28mi
6420 Conley St Unit 7 Houston, TX	2.0	1.0	652	$975	$1.50	44d	1	1.33mi
5918 Schroeder Rd Houston, TX	1.0–2.0	1.0	850	$1,000	$1.18	44d	1	1.35mi
5924 Schroeder Rd Houston, TX	2.0	1.0	900	$895	$0.99	44d	1	1.36mi
5924 Schroeder Rd Houston, TX	2.0	1.0	900	$895	$0.99	22d	1	1.36mi
5010 Carmen St Houston, TX	2.0	1.0	672	$1,095	$1.63	44d	1	1.46mi
5038 Carmen St Apt 1 Houston, TX	2.0	1.0	672	$1,095	$1.63	3d	1	1.47mi

Listing history 11 events

1. 2026-06-18
   days on market $115,000 Active 17 DOM
2. 2026-06-17
   days on market $115,000 Active 16 DOM
3. 2026-06-16
   days on market $115,000 Active 15 DOM
4. 2026-06-15
   days on market $115,000 Active 14 DOM
5. 2026-06-13
   pricedays on market $115,000 Active 12 DOM
6. 2026-06-09
   days on market $135,000 Active 8 DOM
7. 2026-06-08
   days on market $135,000 Active 7 DOM
8. 2026-06-07
   days on market $135,000 Active 6 DOM
9. 2026-06-04
   days on market $135,000 Active 3 DOM
10. 2026-06-03
    days on market $135,000 Active 2 DOM
11. 2026-06-02
    listed $135,000 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: $1,834 · $153/mo
• Projected year-2 tax: $2,104 · $175/mo
• Expected delta: +$270/yr (+$23/mo · 14.7%)

ⓘ 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 (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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: $17,963
• − Mortgage interest: −$6,442
• − Property taxes: −$1,834
• − Insurance: −$1,372
• − Repairs & maintenance: −$1,437
• − Management: −$1,437
• − Depreciation: −$3,345
• Taxable income: $2,095
• Est. tax owed @ 24.0%: −$503
• After-tax cash flow: $3,244/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

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): 29,154
• Household income: $38,071
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 1728.0

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: Majority Black (55%)
• Race & ethnicity: Black 55% Hispanic / Latino 43% Two or more races 17% Native American 1%
• Hispanic origin (detail): Mexican 35%
• Common ancestry: Lithuanian 1%
• Foreign-born: 18% · Canada
• Languages at home: 61% English-only · Spanish 39%

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: ▼ -41.49%
• Current HPI: 212.6472
• Rent YoY: ▲ 5.45%
• 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

+285.7% since first listed

27 events — show timeline

• 2026-06-01 Listed $135,000 HARMLS
• 2024-08-06 Sold (Public Records) — Public Records
• 2023-12-15 Sold (Public Records) — Public Records
• 2023-12-15 Sold (MLS) — HARMLS
• 2023-11-21 Price Changed $125,000 HARMLS
• 2023-10-27 Relisted — HARMLS
• 2023-10-20 Pending — HARMLS
• 2023-09-27 Listed $149,900 HARMLS
• 2023-09-22 Relisted — HARMLS
• 2023-09-22 Listing Removed — HARMLS
• 2023-09-20 Listing Removed — HARMLS
• 2023-09-20 Relisted — HARMLS
• 2023-09-10 Pending — HARMLS
• 2023-08-21 Relisted — HARMLS
• 2023-08-11 Pending — HARMLS
• 2023-07-24 Price Changed $163,000 HARMLS
• 2023-03-06 Price Changed $172,000 HARMLS
• 2023-02-23 Price Changed $189,995 HARMLS
• 2023-02-13 Listed $200,000 HARMLS
• 2020-06-12 Listing Removed — HARMLS
• 2020-05-23 Listed $121,999 HARMLS
• 2014-05-23 Sold (Public Records) — Public Records
• 2008-04-14 Listing Removed — HARMLS
• 2008-02-20 Listed $25,000 HARMLS
• 2008-01-11 Listing Removed — HARMLS
• 2007-10-02 Listed $35,000 HARMLS
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+7.7%/yr

Latest (2025): $1,834 · +9.6% YoY. Source: county tax records.