1427 Dell Dale St · Channelview, TX 77530

$149,000

3 bd · 2.0 ba · 968 sqft · SingleFamily public records · 24 Days on market

Built 1983 5,863 sqft lot Est $170k · 13% under $23/mo HOA · 1% of rent

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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 +22.5/30.0
• ARV discount +13.1/15.0
• DSCR +7.2/10.0
• 1% rule +6.6/10.0
• 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

Step into a cozy, functional home that’s ready for your personal touch. This 3-bedroom, 2-bath single-story offers 968 square feet with a practical, easy-to-live-in layout and upgraded dual-pane vinyl windows for added comfort and efficiency. Inside, the living spaces are perfectly suited for fresh paint and new flooring, giving you a simple way to update the look and feel to match your style. The fenced backyard includes a storage shed and room for outdoor seating, gardening, or pets, while the one-car garage with automatic opener provides convenient parking and extra storage. Located off a major thoroughfare, the home offers quick access to shopping, dining, and key commuter routes,

Key facts

• Outdoor seating
• Key commuter routes
• Storage shed

Tags

• DUAL-PANE VINYL WINDOWS
• FENCED BACKYARD
• STORAGE SHED
• OUTDOOR SEATING
• QUICK ACCESS TO SHOPPING
• KEY COMMUTER ROUTES

Property features AI

Finance

• HOA & community: Community association (Sterling Green CIA) with an annual fee of $270

Exterior

• Parking: Attached garage (1 space)
• Security: Smoke detector(s)
• Utilities: Public water; Public sewer
• Home design: Residential property; Faces east; Single-story entry (all main rooms listed on the first level)
• Construction: Built in 1983; Cement siding and wood siding; Composition roof; Slab foundation
• Exterior features: Private yard; Subdivision lot

Interior

• Kitchen: Dishwasher; Gas range; Electric oven; Microwave; Disposal; Oven
• Bedrooms: Primary bedroom (First level) — 16x13; Bedroom (First level) — 12x10; Bedroom (First level) — 10x10
• Flooring: Laminate; Tile
• Bathrooms: 2 full bathrooms; Primary bathroom (First level) — 5x11; Bathroom (First level) — 5x8
• Heating & cooling: Central heating (gas); Central electric air conditioning
• Interior features: Kitchen/family room combo; Tub with shower; Combined living and dining area; Gas fireplace with gas log; Smoke detector(s)
• Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $149k.

Deal economics

• At list price, monthly cash flow is $250 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $149k).
• Recommended offer: $147k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.3% vs local median 4.7% 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: B H Hamblen El (math 30% / reading 32%, grade F, #2,429 of 4,322 statewide, top 57%, 954 students, 83% FRL); 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; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 12d 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 33% 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 $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.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $42k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($147k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $25k; list at $149k implies a 496% gain — meaningful room to come down on a strong offer.

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 $146,765 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 1.16% ✓
• Cap rate: 8.31%
• Cash-on-cash: 7.19%
• DSCR: 1.32
• GRM: 7.2

CMA / ARV

• ARV (on-the-fly): $170,368
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1331 Dell Dale St	0.23mi	3/2.0	924 (-4%)	23mo	$169,500	$183	63
1131 Somercotes Ln	0.60mi	2/1.0 (-1)	946 (-2%)	1mo	$150,000	$159	59
15239 Peachmeadow Ln	0.21mi	3/2.0	1,099 (+14%)	23mo	$190,000	$173	49
1115 Littleport Ln	0.69mi	3/1.5	1,020 (+5%)	20mo	$179,900	$176	40
1106 Holbech Ln	0.72mi	2/1.0 (-1)	826 (-15%)	21mo	$195,000	$236	16

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: 0.6%
• Equity multiple: 1.02×
• Total profit: $1,014
• Equity at exit: $22,216

10-year hold

• IRR: 15.0%
• Equity multiple: 2.52×
• Total profit: $63,361
• Equity at exit: $12,883

Cash invested: $41,720 (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: 7.2×

Monthly cashflow live

• Estimated rent: $1,731 medium
• Mortgage (P&I): −$781
• Tax from tax record: −$251 /mo · $3,014/yr
• Insurance: −$62
• HOA: −$23
• Vacancy / Maint / Mgmt: −$364
• Net cashflow: $250

Break-even live

Break-even rent $1,415

Max offer price $149,000

Occupancy floor 81%

Sensitivity live

Price	-10% $334	-5% $292	+0% $250	+5% $208	+10% $166
Rent	-10% $113	-5% $182	+0% $250	+5% $318	+10% $387
Rate	-1.0pp $325	-0.5pp $288	base $250	+0.5pp $211	+1.0pp $172

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6160 E Sam Houston Pkwy N Unit 6197 Houston, TX	2.0	2.0	1033	$1,640	$1.59	12d	1	1.47mi
6160 E Sam Houston Pkwy N Unit 424 Houston, TX	2.0	2.0	1033	$1,616	$1.56	7d	1	1.47mi
6160 E Sam Houston Pkwy N Unit 425 Houston, TX	2.0	2.0	1033	$1,600	$1.55	0d	1	1.47mi
6160 E Sam Houston Pkwy N Unit 6217 Houston, TX	2.0	2.0	923	$1,294	$1.40	14d	1	1.47mi

HOA detail

• Monthly dues: $23 · $276/yr

Listing history 17 events

1. 2026-06-17
   status $149,000 Pending 24 DOM
2. 2026-06-17
   days on market $149,000 Active Under Contract 24 DOM
3. 2026-06-16
   days on market $149,000 Active Under Contract 23 DOM
4. 2026-06-15
   days on market $149,000 Active Under Contract 22 DOM
5. 2026-06-13
   days on market $149,000 Active Under Contract 20 DOM
6. 2026-06-09
   days on market $149,000 Active Under Contract 16 DOM
7. 2026-06-08
   days on market $149,000 Active Under Contract 15 DOM
8. 2026-06-07
   days on market $149,000 Active Under Contract 14 DOM
9. 2026-06-04
   days on market $149,000 Active Under Contract 11 DOM
10. 2026-06-03
    days on market $149,000 Active Under Contract 10 DOM
11. 2026-06-02
    days on market $149,000 Active Under Contract 9 DOM
12. 2026-06-01
    days on market $149,000 Active Under Contract 8 DOM
13. 2026-05-31
    days on market $149,000 Active Under Contract 7 DOM
14. 2026-05-24
    listed $149,000 Active
15. 2023-12-07
    soldstatus
16. 2023-12-07
    soldstatus
17. 1990-06-01
    soldstatus $25,000

ⓘ 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: $3,014 · $251/mo
• Projected year-2 tax: $3,014 · $251/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 4/10 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: $20,775
• − Mortgage interest: −$8,346
• − Property taxes: −$3,014
• − Insurance: −$745
• − Repairs & maintenance: −$1,662
• − Management: −$1,662
• − HOA: −$276
• − Depreciation: −$4,335
• Taxable income: $736
• Est. tax owed @ 24.0%: −$177
• After-tax cash flow: $2,825/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

+496.0% since first listed

4 events — show timeline

• 2026-05-24 Listed $149,000 HARMLS
• 2023-12-07 Sold (Public Records) — Public Records
• 2023-12-07 Sold (Public Records) — Public Records
• 1990-06-01 Sold (Public Records) $25,000 Public Records

Property tax history

+2.4%/yr

Latest (2025): $3,014 · -1.8% YoY. Source: county tax records.