Houston investors - underwriting question

[Donald Lee Reed]

I’m analyzing a potential East End Houston property with an assumable loan around 4.5%.

Curious how long-term hold buyers are currently underwriting deals there given:

• higher insurance costs

• tax reassessments

• and today’s financing environment.

Are investors still prioritizing cash flow, or leaning more toward long-term appreciation + financing advantages?

Would appreciate perspective from anyone actively buying in that pocket.