That's not necessarily a negative since it shows that the area is stabilized and is minimally impacted by market fluctuations.There are many areas here with lower crime rates, great school districts and very affordable home prices.

@Adrian Me,Go for a good school district, whether it's for you or a long term rental, or resale, everything is better when the school district is strong.     

The historic district proper is pretty safe (there is a neighborhood supported security patrol) but there will be issues with the preservation committee.

We are considering our second property and are interested in it because it's in a good school district and community with low crime.

It is zoned as single family house, located a demanding area with good school district.

@Kenneth McKeown I am a Realtor and investor in North Houston and went to school in the Klein district so I know Houston well.  

In nicer high end areas like cranberry, squirrel hill, the strip district, shady side.

We contracted to perform all his concrete on 40 units 9th and Kalamath art district row homes.

You could have bought just about anything and be up over 50% YTD based on how the market has stabilized. 9 years later I now have successfully invested in multiple properties and have followed a simple code on "How can I add value to this situation" and acquiring properties near popular attractions ( a university, stadium, entertainment district, etc..).  

Do the city/district run the appraisal each year year?