Plan 2526 Plan · Magnolia, TX 77354

$262,995

3 bd · 2.5 ba · 2,526 sqft · SingleFamily · 695 Days on market

Excellent condition ↓ 9% since listing

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Why this score? — see what drove the D 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).

• Appreciation +10.0/10.0
• Cash flow +7.7/30.0
• ARV discount +7.5/15.0
• Condition / age +4.8/5.0
• Schools +3.9/10.0
• Livability +3.7/5.0
• Rent growth +2.6/5.0
• 1% rule +2.3/10.0
• DSCR +1.8/10.0

Listing remarks MLS

* Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

Key facts

• Picnic area
• Low-e windows
• Kitchen island

Tags

• STAINLESS STEEL APPLIANCES
• GAS RANGE
• KITCHEN ISLAND
• GAME ROOM
• LOW-E WINDOWS
• PICNIC AREA

🏗️ New construction. The $262,995 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $291,660.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $263k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-336 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $243k (7.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $213k (19.1% below list).
• Recommended offer: $213k (19.1% below list) — sets the bar for 1% rule.
• Cap rate 4.9% vs local median 3.4% in Magnolia — 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 73/100 on livability (#222 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Magnolia ISD (rural): math 42% / reading 45% proficiency, ranked #247 of 826 in TX (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 1604 active listings in the ZIP; high-income renter base; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).

Forward outlook

• In year one you build about $31k of equity ($2k loan paydown + $29k appreciation (10.0% local appreciation)).
• Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$50k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 695 days — a 12% lower offer ($231k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 2y ago; this cycle's ask has dropped $27k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $212,664 (19.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 695 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.73% ✗
• Cap rate: 4.91%
• Cash-on-cash: -4.93%
• DSCR: 0.78
• GRM: 11.4

CMA / ARV

• ARV (median comp): $291,660
• List price: $262,995
• Delta: -9.83%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
571 Broken Boulder St	0.27mi	3/2.5	2,526 (0%)	13mo	$299,995	$119	76
700 Appaloosa Meadow Dr	0.54mi	3/2.5	2,526 (0%)	2mo	$288,666	$114	73
217 Harlingen Dr	0.26mi	4/2.5 (+1)	2,407 (-5%)	11mo	$329,990	$137	66
225 Harlingen Dr	0.26mi	4/3.5 (+1)	2,407 (-5%)	10mo	$329,990	$137	63
709 Appaloosa Meadow Dr	0.57mi	3/2.5	2,372 (-6%)	2mo	$304,273	$128	61
705 Appaloosa Meadow Dr	0.57mi	3/2.5	2,596 (+3%)	11mo	$324,232	$125	60
704 Appaloosa Meadow Dr	0.55mi	3/2.5	2,372 (-6%)	10mo	$306,016	$129	56
714 Satterwhite Farms Ln	0.73mi	3/3.0	2,368 (-6%)	2mo	$524,296	$221	52
131 Amarrillo Dr	0.32mi	4/3.0 (+1)	2,153 (-15%)	3mo	$369,990	$172	51
17733 Gold Saddle Ln	0.71mi	4/3.0 (+1)	2,368 (-6%)	8mo	$547,922	$231	42
25215 Brookstone Way	0.73mi	4/3.0 (+1)	2,260 (-10%)	1mo	$333,790	$148	41
719 Satterwhite Farms Ln	0.74mi	4/3.5 (+1)	2,904 (+15%)	13mo	$636,926	$219	21

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 0.32% rent growth · sell at horizon

5-year hold

• IRR: 20.0%
• Equity multiple: 2.62×
• Total profit: $131,921
• Equity at exit: $262,751

10-year hold

• IRR: 17.8%
• Equity multiple: 5.84×
• Total profit: $395,220
• Equity at exit: $566,632

Cash invested: $81,665 (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 77354

• Home prices YoY: 2.4%
• Rents YoY: 0.3%
• Active inventory: 1604
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,127 medium
• Mortgage (P&I): −$1,529
• Tax est. 1.5%: −$365 /mo · $4,375/yr
• Insurance: −$122
• HOA: −$0
• Vacancy / Maint / Mgmt: −$447
• Net cashflow: $-336

Break-even live

Break-even rent $2,551

Max offer price $243,105

Occupancy floor —

Sensitivity live

Price	-10% $-134	-5% $-235	+0% $-336	+5% $-436	+10% $-537
Rent	-10% $-504	-5% $-420	+0% $-336	+5% $-252	+10% $-168
Rate	-1.0pp $-189	-0.5pp $-261	base $-336	+0.5pp $-411	+1.0pp $-488

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: $72,915
• Closing costs: $8,750
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-18
   days on market $262,995 Active 695 DOM
2. 2026-06-17
   days on market $262,995 Active 694 DOM
3. 2026-06-16
   days on market $262,995 Active 693 DOM
4. 2026-06-15
   days on market $262,995 Active 692 DOM
5. 2026-06-13
   days on market $262,995 Active 690 DOM
6. 2026-06-09
   days on market $262,995 Active 686 DOM
7. 2026-06-08
   days on market $262,995 Active 685 DOM
8. 2026-06-07
   days on market $262,995 Active 684 DOM
9. 2026-06-04
   days on market $262,995 Active 681 DOM
10. 2026-06-03
    days on market $262,995 Active 680 DOM
11. 2026-06-02
    days on market $262,995 Active 679 DOM
12. 2026-06-01
    days on market $262,995 Active 678 DOM
13. 2026-05-31
    days on market $262,995 Active 677 DOM
14. 2026-04-11
    price $262,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

15. 2026-03-28
    price $261,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

16. 2026-01-22
    price $260,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

17. 2025-11-18
    price $270,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

18. 2025-09-16
    price $265,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

19. 2025-08-16
    price $271,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

20. 2025-05-02
    price $266,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

21. 2025-04-28
    price $269,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

22. 2025-02-04
    price $286,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

23. 2025-02-01
    price $266,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

24. 2024-11-01
    status Active 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

25. 2024-08-01
    historical 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

26. 2024-07-13
    price $284,995 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

27. 2024-04-23
    listed $289,995 Active 432-char remark

    Show marketing remark (432 chars)

    * Stainless steel appliances with 2-yr. warranty * Open floor plan * Gas range * Dedicated laundry room * Upstairs primary suite * Smart thermostat * Kitchen island * Game room * WaterSense® labeled faucets * Den * Low-E windows * ENERGY STAR® certified home * Picnic area * Community park * Playground * Near top-rated schools * Commuter-friendly location * Close to family friendly parks

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $25,520
• − Mortgage interest: −$16,338
• − Property taxes: −$4,375
• − Insurance: −$1,458
• − Repairs & maintenance: −$2,042
• − Management: −$2,042
• − Depreciation: −$8,485
• Taxable loss: −$9,219
• Est. tax savings @ 24.0%: +$2,213
• After-tax cash flow: $-1,814/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.

Condition & rehab AI · 12 photos

Excellent 95/100 None rehab

This home is in excellent condition with modern amenities and a well-maintained exterior. It is move-in ready and would benefit from a fresh coat of paint and some interior updates to further enhance its value.

Value-add opportunities

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and home value
• Both Replace carpet in bedrooms — Carpet can be outdated and replace with hardwood or tile for a more modern look and easier maintenance
• Both Install smart security system — Modern security system can increase home safety and appeal to potential buyers

Renovation cost estimate screening

Value-add ROI direction

• Resale Paint exterior siding — Fresh paint can enhance curb appeal and home value ↑
• Both Replace carpet in bedrooms — Carpet can be outdated and replace with hardwood or tile for a more modern look and easier maintenance ↑
• Both Install smart security system — Modern security system can increase home safety and appeal to potential buyers ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Magnolia ISD
• NCES district ID: 4828740
• Math proficiency: 42% ▼ -7.00%
• Reading proficiency: 45% ▼ -4.00%
• Median HH income: $71,692
• Composite: 39.46/100
• National rank: #3958
• State rank: #247 of 826 in TX

Livability — Magnolia

• Score: 73/100
• State rank: #222
• US rank: #5442

Category grades

Amenities F Commute F Cost of living A+ Crime A+ Employment B- Housing A+ Health & safety B- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Magnolia, TX
• County: Montgomery County · 663,713 people
• City population: 32,847
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 44,900
• Household income: $112,504
• Rent vs Own: 20.1% rent · 79.9% own
• Severe rent burden: 586.0

Population outlook (Montgomery County) Hauer SSP2

• Today (2025): 713,896 people
• By 2030: 805,263 · +12.8%
• By 2040: 992,708 · +39.1%
• By 2050: 1,179,590 · +65.2%
• By 2075: 1,628,084 · +128.1%
• By 2100: 1,937,880 · +171.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (66%)
• Race & ethnicity: White 66% Hispanic / Latino 25% Two or more races 18% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 14% Puerto Rican 1%
• Common ancestry: Lithuanian 4% Slovak 2% Italian 2%
• Foreign-born: 11% · Canada, Vietnam
• Languages at home: 83% English-only · Spanish 15% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Montgomery

• 2024 margin: Solid R (+45.5) · D 26.8% · R 72.3%
• 2008→2024 swing: +7.2pp toward D · 2008: -52.7pp · 2024: -45.5pp
• All cycles: 2024: R+45.5 2020: R+43.8 2016: R+51.4 2012: R+60.7 2008: R+52.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 12.09%
• Current HPI: 512.87
• Rent YoY: ▲ 0.32%
• 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

-9.3% since first listed

14 events — show timeline

• 2026-04-11 Price Changed $262,995 Zillow
• 2026-03-28 Price Changed $261,995 Zillow
• 2026-01-22 Price Changed $260,995 Zillow
• 2025-11-18 Price Changed $270,995 Zillow
• 2025-09-16 Price Changed $265,995 Zillow
• 2025-08-16 Price Changed $271,995 Zillow
• 2025-05-02 Price Changed $266,995 Zillow
• 2025-04-28 Price Changed $269,995 Zillow
• 2025-02-04 Price Changed $286,995 Zillow
• 2025-02-01 Price Changed $266,995 Zillow
• 2024-11-01 Relisted — Zillow
• 2024-08-01 Delisted — Zillow
• 2024-07-13 Price Changed $284,995 Zillow
• 2024-04-23 Listed $289,995 Zillow