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Lavaca Plan 🏗️ New Construction
F Composite 34.43
Why this score? — see what drove the F 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 +9.4/30.0
  • ARV discount +7.5/15.0
  • Condition / age +4.8/5.0
  • Livability +3.2/5.0
  • 1% rule +2.8/10.0
  • DSCR +2.6/10.0
  • Rent growth +2.2/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$285,000

Lavaca Plan · Pattison, TX 77423
4 bd · 2.5 ba · 2,109 sqft · SingleFamily · 443 Days on market
Excellent condition

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Lavaca floor plan offers an exceptional living experience with its thoughtful design, modern amenities, and customizable options. With four bedrooms and 2.5 bathrooms, this plan provides ample space for families of all sizes. Entering this home, you're met with the foyer area which leads to the combined kitchen and dining area that faces your spacious family room area. The kitchen is complete with gorgeous granite countertops, designer light fixtures, a walk-in pantry and a sizeable kitchen island. Following the combined living area is the private master suite and walk-in closet. Homeowners can choose between a 2-car or 2.5-car garage, while the optional covered patio offers a comfortable and inviting outdoor space for relaxing and entertaining guests. For those seeking a touch of luxury, the Lavaca also includes a master luxury bath option, featuring upgraded features such as a spa-like shower, soaking tub, and double vanity. In addition, the Lavaca floor plan also boasts an upstairs game room, providing a versatile space for a variety of activities, from movie nights to game tournaments or even a home gym. Also upstairs are the three remaining bedrooms with two bedrooms containing walk-in closets for ultimate storage capacity, as well as an upstairs utility room! Measuring in at 2109 square feet, the Lavaca offers ample living space while maintaining a cozy and inviting atmosphere. With its spacious design and numerous customizable options, this floor plan truly has. ..

Key facts

  • Private master suite
  • Foyer area
  • Walk-in pantry

Tags

FOYER AREASPACIOUS FAMILY ROOM AREAGORGEOUS GRANITE COUNTERTOPSWALK-IN PANTRYSIZEABLE KITCHEN ISLANDPRIVATE MASTER SUITE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $285,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $308,965.

What this means for you Summary

Snapshot

  • This is a 4-bed/2.5-bath single-family listed at $285k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-222 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $277k (2.9% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $242k (15.0% below list).
  • Recommended offer: $242k (15.0% below list) — sets the bar for 1% rule.
  • Cap rate 5.4% vs local median 4.4% in Pattison — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

  • Location reads 63/100 on livability (#876 in TX) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, cost of living A; Watch: schools F, amenities F, commute F.
  • Royal ISD (rural): math 23% / reading 23% proficiency, ranked #744 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-1.0%/yr); 997 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 483 units permitted in Waller County in 2024 (89 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($84k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Waller County population projected at +62% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 443 days — a 12% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
Recommended offer $242,133 (15.0% 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 443 days. Have you received any prior offers? Is the seller open to a 15% 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 F-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
0.78%
Cap rate
5.43%
Cash-on-cash
-3.08%
DSCR
0.86
GRM
10.6

CMA / ARV

ARV (median comp)
$308,965
List price
$285,000
Delta
-7.76%
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
3033 Buckthorn Dr 0.17mi 4/3.0 2,125 (+1%) 3mo $332,006 $156 86
3013 Bristlegrass St 0.18mi 4/3.0 2,050 (-3%) 4mo $334,990 $163 82
3009 El Dorado Dr 0.28mi 4/3.0 2,084 (-1%) 2mo $337,398 $162 81
3045 Buckthorn Dr 0.16mi 3/2.5 (-1) 2,026 (-4%) 3mo $328,484 $162 79
3016 Bristlegrass St 0.14mi 3/2.0 (-1) 1,961 (-7%) 3mo $324,990 $166 72
3037 Bristlegrass St 0.21mi 3/2.0 (-1) 1,961 (-7%) 4mo $299,990 $153 68
3036 Mistflower Trl 0.25mi 3/2.5 (-1) 1,920 (-9%) 1mo $314,990 $164 68
3020 Bristlegrass St 0.15mi 3/2.0 (-1) 1,898 (-10%) 2mo $289,990 $153 68
3004 Mistflower Trl 0.20mi 3/2.0 (-1) 1,898 (-10%) 2mo $289,990 $153 66
3024 Bristlegrass St 0.15mi 3/2.5 (-1) 2,422 (+15%) 1mo $314,990 $130 62
3065 Arrowwood Dr 0.13mi 5/3.0 (+1) 2,416 (+15%) 2mo $358,784 $149 61
3036 Bristlegrass St 0.17mi 3/2.5 (-1) 2,422 (+15%) 3mo $319,990 $132 60

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-24.8%
Equity multiple
0.18×
Total profit
$-71,286
Equity at exit
$46,068
10-year hold
IRR
-33.1%
Equity multiple
-0.24×
Total profit
$-107,583
Equity at exit
$26,714

Cash invested: $86,510 (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.

ZIP-level market 77423

Rents YoY
-1.0%
Active inventory
997
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$2,421 medium interval (Pro) →
Mortgage (P&I)
$1,620
Tax est. 1.5%
$386 /mo · $4,634/yr
Insurance
$129
HOA
$0
Vacancy / Maint / Mgmt
$508
Net cashflow
$-222

Break-even live

Break-even rent $2,703
Max offer price $276,792
Occupancy floor

Sensitivity live

Price -10% $-9 -5% $-116 +0% $-222 +5% $-329 +10% $-436
Rent -10% $-414 -5% $-318 +0% $-222 +5% $-127 +10% $-31
Rate -1.0pp $-67 -0.5pp $-144 base $-222 +0.5pp $-302 +1.0pp $-384

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
$77,241
Closing costs
$9,269
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3005 Wood Lily Dr Brookshire, TX 4.0 3.0 1751 $1,975 $1.13 44d 1 0.17mi
3045 Wood Lily Dr Brookshire, TX 4.0 2.0 1534 $1,850 $1.21 44d 1 0.23mi

Listing history 14 events

  1. 2026-06-18
    days on market $285,000 Active 443 DOM
  2. 2026-06-17
    days on market $285,000 Active 442 DOM
  3. 2026-06-16
    days on market $285,000 Active 441 DOM
  4. 2026-06-15
    days on market $285,000 Active 440 DOM
  5. 2026-06-13
    days on market $285,000 Active 438 DOM
  6. 2026-06-10
    days on market $285,000 Active 434 DOM
  7. 2026-06-08
    days on market $285,000 Active 433 DOM
  8. 2026-06-07
    days on market $285,000 Active 432 DOM
  9. 2026-06-04
    days on market $285,000 Active 429 DOM
  10. 2026-06-03
    days on market $285,000 Active 428 DOM
  11. 2026-06-02
    days on market $285,000 Active 427 DOM
  12. 2026-06-01
    days on market $285,000 Active 426 DOM
  13. 2026-05-31
    days on market $285,000 Active 425 DOM
  14. 2025-04-01
    listed $285,000 Active 1500-char remark
    Show marketing remark (1500 chars)

    The Lavaca floor plan offers an exceptional living experience with its thoughtful design, modern amenities, and customizable options. With four bedrooms and 2.5 bathrooms, this plan provides ample space for families of all sizes. Entering this home, you're met with the foyer area which leads to the combined kitchen and dining area that faces your spacious family room area. The kitchen is complete with gorgeous granite countertops, designer light fixtures, a walk-in pantry and a sizeable kitchen island. Following the combined living area is the private master suite and walk-in closet. Homeowners can choose between a 2-car or 2.5-car garage, while the optional covered patio offers a comfortable and inviting outdoor space for relaxing and entertaining guests. For those seeking a touch of luxury, the Lavaca also includes a master luxury bath option, featuring upgraded features such as a spa-like shower, soaking tub, and double vanity. In addition, the Lavaca floor plan also boasts an upstairs game room, providing a versatile space for a variety of activities, from movie nights to game tournaments or even a home gym. Also upstairs are the three remaining bedrooms with two bedrooms containing walk-in closets for ultimate storage capacity, as well as an upstairs utility room! Measuring in at 2109 square feet, the Lavaca offers ample living space while maintaining a cozy and inviting atmosphere. With its spacious design and numerous customizable options, this floor plan truly has. ..

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,056
− Mortgage interest
−$17,307
− Property taxes
−$4,634
− Insurance
−$1,545
− Repairs & maintenance
−$2,324
− Management
−$2,324
− Depreciation
−$8,988
Taxable loss
−$8,067
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,936
After-tax cash flow
$-732/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 · 6 photos

Excellent 95/100 None rehab

This Lavaca floor plan is in excellent condition with no visible repairs or maintenance needed. It offers a great living experience with ample space and modern amenities. Potential buyers and renters will appreciate the curb appeal and interior aesthetics, making it a strong candidate for both resale and rental.

Value-add opportunities

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Both New flooring in bathrooms and kitchen — Improves functionality and aesthetics
  • Both New lighting fixtures — Enhances interior aesthetics and safety

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting exterior and interior walls — Enhances curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhances curb appeal and adds value
  • Both New flooring in bathrooms and kitchen — Improves functionality and aesthetics
  • Both New lighting fixtures — Enhances interior aesthetics and safety

ⓘ 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
Royal ISD
NCES district ID
4838190
Math proficiency
23% ▼ -11.00%
Reading proficiency
23% ▼ -6.00%
Median HH income
$41,059
Composite
19.55/100
National rank
#8760
State rank
#744 of 826 in TX

Livability — Pattison

Score
63/100
State rank
#876
US rank
#15789

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Waller County · 18,767 people
City population
413,575
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
18,767
Household income
$84,490
Rent vs Own
20.6% rent · 79.4% own
Severe rent burden
20.0

Population outlook (Waller County) Hauer SSP2

Today (2025)
60,772 people
By 2030
67,616 · +11.3%
By 2040
82,283 · +35.4%
By 2050
98,276 · +61.7%
By 2075
142,860 · +135.1%
By 2100
175,596 · +188.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Hispanic / Latino 41% White 41% Black 14% Two or more races 13% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 30% Cuban 2%
Common ancestry
Lithuanian 2% Italian 2% Slovak 1%
Foreign-born
17% · Canada, China, Dominican Republic
Languages at home
65% English-only · Spanish 32% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Waller

2024 margin
Strong R (+25.0) · D 37.0% · R 62.0% · Other 1.0%
2008→2024 swing
-17.9pp toward R · 2008: -7.2pp · 2024: -25.0pp
All cycles
2024: R+25.0 2020: R+26.7 2016: R+28.6 2012: R+17.6 2008: R+7.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -125.28%
Current HPI
204.8709
Rent YoY
▼ -1.01%
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

Price history

1 event — show timeline
  • 2025-04-01 Listed $285,000 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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