211 Loon River Dr · Houston, TX 77336

$199,500

3 bd · 2.0 ba · 1,443 sqft · SingleFamily public records · 122 Days on market

Built 1960 0.26 ac lot $138/sqft · 14% below area Est $233k · 14% under ↓ 20% since listing

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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 +15.8/30.0
• ARV discount +13.9/15.0
• 1% rule +5.3/10.0
• DSCR +4.9/10.0
• Livability +3.7/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.7/10.0

Listing remarks MLS

Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

Key facts

• Close to schools
• Lake houston
• Close to shopping

Tags

• ESTABLISHED NEIGHBORHOOD
• CLOSE TO SHOPPING
• LAKE HOUSTON
• CLOSE TO SCHOOLS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $93 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.8% 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: schools D, crime F.
• Huffman ISD (rural): math 32% / reading 35% proficiency, ranked #500 of 826 in TX (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 585 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

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.

Negotiation context

• It's been on market 122 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 4y ago; this cycle's ask has dropped $40k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

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 $175,560 (12.0% below list)

Questions for the listing agent

1. It's been on market 122 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.03% ✓
• Cap rate: 6.85%
• Cash-on-cash: 1.99%
• DSCR: 1.09
• GRM: 8.1

CMA / ARV

• ARV (median comp): $232,540
• List price: $199,500
• Delta: -14.21%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
331 Cherry Valley Dr	0.16mi	3/2.0	1,495 (+4%)	2mo	$185,000	$124	85
24402 Lightwoods Dr	0.08mi	3/2.0	1,607 (+11%)	3mo	$254,900	$159	75
24702 Pennfield Arbor Ln	0.38mi	3/2.5	1,556 (+8%)	2mo	$231,990	$149	66
24712 Stablewood Forest Ct	0.46mi	3/2.5	1,556 (+8%)	0mo	$180,000	$116	63
723 Pas Trl	0.53mi	3/2.0	1,365 (-5%)	4mo	$220,000	$161	63
24034 E Lake Houston Pkwy	0.46mi	3/2.0	1,558 (+8%)	4mo	$255,999	$164	62
526 Emerald Thicket Ln	0.44mi	3/2.0	1,267 (-12%)	1mo	$234,990	$185	58
24709 Stablewood Forest Ct	0.43mi	3/2.0	1,267 (-12%)	2mo	$227,990	$180	58
24717 Stablewood Frst	0.45mi	3/2.0	1,267 (-12%)	3mo	$224,990	$178	56
507 Corydon Dr	0.39mi	2/1.0 (-1)	1,310 (-9%)	2mo	$80,000	$61	55
513 Emerald Thicket Ln	0.45mi	3/2.5	1,647 (+14%)	1mo	$249,990	$152	53
24716 Lago Bay Ln	0.46mi	4/2.0 (+1)	1,616 (+12%)	2mo	$244,990	$152	52

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.1%
• Equity multiple: 0.53×
• Total profit: $-26,314
• Equity at exit: $29,746

10-year hold

• IRR: -4.0%
• Equity multiple: 0.73×
• Total profit: $-14,831
• Equity at exit: $17,249

Cash invested: $55,860 (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 77336

• Home prices YoY: -1.8%
• Active inventory: 585
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,050 high
• Mortgage (P&I): −$1,046
• Tax from tax record: −$398 /mo · $4,770/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$430
• Net cashflow: $93

Break-even live

Break-even rent $1,933

Max offer price $199,500

Occupancy floor 90%

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: $49,875
• Closing costs: $5,985
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
24523 Whitesail Dr Huffman, TX	3.0	2.0	1512	$1,800	$1.19	43d	1	0.26mi
408 Emerald Thicket Ln Huffman, TX	3.0	2.5	1755	$2,200	$1.25	43d	1	0.38mi
24719 Colony Meadow Trl Huffman, TX	4.0	2.0	1613	$2,200	$1.36	43d	1	0.86mi
24730 Russet Bluff Trl Huffman, TX	4.0	2.0	1604	$2,150	$1.34	1d	1	0.93mi
24118 Grey Fox Dr Huffman, TX	3.0	2.0	1543	$1,425	$0.92	43d	1	0.97mi

Listing history 43 events

1. 2026-06-09
   days on market $199,500 Active 122 DOM
2. 2026-06-08
   days on market $199,500 Active 121 DOM
3. 2026-06-07
   days on market $199,500 Active 120 DOM
4. 2026-06-04
   days on market $199,500 Active 117 DOM
5. 2026-06-03
   days on market $199,500 Active 116 DOM
6. 2026-06-02
   days on market $199,500 Active 115 DOM
7. 2026-06-01
   days on market $199,500 Active 114 DOM
8. 2026-05-31
   days on market $199,500 Active 113 DOM
9. 2026-05-14
   price $199,500 94-char remark

   Show marketing remark (94 chars)

   Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

10. 2026-04-16
    price $199,995 94-char remark

    Show marketing remark (94 chars)

    Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

11. 2026-04-08
    price $208,995 94-char remark

    Show marketing remark (94 chars)

    Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

12. 2026-03-31
    price $209,995 94-char remark

    Show marketing remark (94 chars)

    Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

13. 2026-03-28
    price $218,500 94-char remark

    Show marketing remark (94 chars)

    Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

14. 2026-03-23
    price $219,995 94-char remark

    Show marketing remark (94 chars)

    Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

15. 2026-02-07
    listed $239,995 Active 94-char remark

    Show marketing remark (94 chars)

    Great starter home, in established neighborhood. Close to shopping, Lake Houston, and Schools.

16. 2025-02-16
    historical
17. 2025-02-09
    price $239,995
18. 2025-02-07
    historical $1,500
19. 2025-01-10
    price $1,500
20. 2025-01-10
    price $1,495
21. 2025-01-09
    price $1,500
22. 2024-12-18
    listed $1,495
23. 2024-12-17
    listed $249,995 Active
24. 2024-12-16
    historical
25. 2024-12-05
    price $249,995
26. 2024-11-26
    price $259,995
27. 2024-09-11
    price $279,995
28. 2024-08-22
    listed $299,995 Active
29. 2023-07-06
    soldstatus Sold
30. 2023-07-05
    status Option Pending
31. 2023-07-03
    status Pending
32. 2023-03-06
    listed $249,995 Active
33. 2023-02-28
    historical
34. 2022-12-15
    price $239,995
35. 2022-12-09
    price $244,995
36. 2022-11-28
    listed $249,995 Active
37. 2022-11-17
    historical
38. 2022-09-28
    status Active
39. 2022-06-15
    price $249,995
40. 2022-06-15
    historical
41. 2022-06-10
    price $239,995
42. 2022-05-21
    listed $249,995 Active
43. 1990-02-27
    soldstatus

ⓘ 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: $4,770 · $398/mo
• Projected year-2 tax: $4,770 · $398/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 2/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥112°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: $24,598
• − Mortgage interest: −$11,175
• − Property taxes: −$4,770
• − Insurance: −$998
• − Repairs & maintenance: −$1,968
• − Management: −$1,968
• − Depreciation: −$5,804
• Taxable loss: −$2,084
• Est. tax savings @ 24.0%: +$500
• After-tax cash flow: $1,610/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: Huffman ISD
• NCES district ID: 4823820
• Math proficiency: 32% ▼ -9.00%
• Reading proficiency: 35% ▼ -9.00%
• Median HH income: $65,848
• Composite: 30.61/100
• National rank: #6195
• State rank: #500 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): 14,342
• Household income: $96,404
• Rent vs Own: 21.8% rent · 78.2% own
• Severe rent burden: 377.0

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 White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 23% Two or more races 9% Black 5% Native American 4%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Lithuanian 4% Slovak 2% Romanian 2%
• Foreign-born: 9% · Canada
• Languages at home: 79% English-only · Spanish 18% Other Indo-European 2%

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: ▼ -8.59%
• Current HPI: 472.03
• Rent YoY: —
• 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

-20.2% since first listed

35 events — show timeline

• 2026-05-14 Price Changed $199,500 HARMLS
• 2026-04-16 Price Changed $199,995 HARMLS
• 2026-04-08 Price Changed $208,995 HARMLS
• 2026-03-31 Price Changed $209,995 HARMLS
• 2026-03-28 Price Changed $218,500 HARMLS
• 2026-03-23 Price Changed $219,995 HARMLS
• 2026-02-07 Listed $239,995 HARMLS
• 2025-02-16 Listing Removed — HARMLS
• 2025-02-09 Price Changed $239,995 HARMLS
• 2025-02-07 Rental Removed $1,500 HARMLS
• 2025-01-10 Price Changed $1,500 HARMLS
• 2025-01-10 Price Changed $1,495 HARMLS
• 2025-01-09 Price Changed $1,500 HARMLS
• 2024-12-18 Listed for Rent $1,495 HARMLS
• 2024-12-17 Listed $249,995 HARMLS
• 2024-12-16 Listing Removed — HARMLS
• 2024-12-05 Price Changed $249,995 HARMLS
• 2024-11-26 Price Changed $259,995 HARMLS
• 2024-09-11 Price Changed $279,995 HARMLS
• 2024-08-22 Listed $299,995 HARMLS
• 2023-07-06 Sold (MLS) — HARMLS
• 2023-07-05 Pending — HARMLS
• 2023-07-03 Pending — HARMLS
• 2023-03-06 Listed $249,995 HARMLS
• 2023-02-28 Listing Removed — HARMLS
• 2022-12-15 Price Changed $239,995 HARMLS
• 2022-12-09 Price Changed $244,995 HARMLS
• 2022-11-28 Listed $249,995 HARMLS
• 2022-11-17 Listing Removed — HARMLS
• 2022-09-28 Relisted — HARMLS
• 2022-06-15 Listing Removed — HARMLS
• 2022-06-15 Price Changed $249,995 HARMLS
• 2022-06-10 Price Changed $239,995 HARMLS
• 2022-05-21 Listed $249,995 HARMLS
• 1990-02-27 Sold (Public Records) — Public Records

Property tax history

+9.4%/yr

Latest (2025): $4,770 · +1.0% YoY. Source: county tax records.