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3088 Duskshine Dr 🏗️ New Construction
F Composite 28.9
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).

  • ARV discount +7.5/15.0
  • Cash flow +6.8/30.0
  • Condition / age +4.0/5.0
  • Livability +3.2/5.0
  • 1% rule +2.2/10.0
  • Rent growth +2.2/5.0
  • Schools +2.0/10.0
  • DSCR +1.0/10.0
  • Appreciation +0.0/10.0

$253,990

3088 Duskshine Dr · Pattison, TX 77423
4 bd · 2.0 ba · 1,776 sqft · SingleFamily · 22 Days on market
Built 2026 Good condition $100/mo HOA · 4% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

The Oxford Floor Plan - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms at the front of the home, which are comfortable spaces for household members and overnight guests. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

Key facts

  • Walk-in closet
  • Open floorplan
  • Secondary bedrooms

Tags

OPEN FLOORPLANOWNER'S SUITEEN-SUITE BATHROOMWALK-IN CLOSETSECONDARY BEDROOMS

Property features AI

Finance

  • HOA & community: Member of Sunterra Lakes Property Owners Association; Annual association fee of $1,200

Exterior

  • Parking: Attached 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Under construction (new construction); Built in 2026; Slab foundation; Composition roof
  • Construction: Brick and cement siding construction; New construction by Lennar Homes
  • Exterior features: Back yard fence; Subdivision lot setting

Interior

  • Kitchen: Dishwasher; Electric oven and range; Gas oven and range
  • Bedrooms: 6 total rooms
  • Flooring: Carpet; Vinyl
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric and gas); Central air conditioning (electric and gas)
  • Interior features: Breakfast bar; Kitchen/family room combo; Kitchen/dining combo; Separate shower; Tub with shower
  • Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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🏗️ New construction. The $253,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $326,784.

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $254k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-506 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $254k (0.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $235k (7.7% below list).
  • Recommended offer: $235k (7.7% below list) — sets the bar for 1% rule.

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: amenities F, commute F, health & safety 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.
  • Zoned schools: Royal H S (math 17% / reading 26%, grade F, #1,377 of 1,632 statewide, top 85%, 842 students, 71% FRL).
  • Market conditions: Rents soft (-1.0%/yr); 997 active listings in the ZIP; solid renter incomes; 483 units permitted in Waller County in 2024 (89 in 5+ unit buildings).
  • This rent runs 33% 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 $10k 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 22 days — a 2% lower offer ($250k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $234,523 (7.7% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
0.72%
Cap rate
4.44%
Cash-on-cash
-6.63%
DSCR
0.70
GRM
11.6

CMA / ARV

ARV (on-the-fly)
$326,784
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3032 Duskshine Dr 0.03mi 3/2.0 (-1) 1,792 (+1%) 1mo $331,990 $185 91
3061 Duskshine Dr 0.04mi 4/2.0 1,908 (+7%) 1mo $350,990 $184 85
3045 Duskshine Dr 0.06mi 4/2.0 1,908 (+7%) 1mo $357,990 $188 84
3008 Duskshine Dr 0.08mi 4/2.0 1,908 (+7%) 1mo $350,990 $184 83
3077 Duskshine Dr 0.04mi 3/2.0 (-1) 1,880 (+6%) 1mo $358,990 $191 83
3016 Duskshine Dr 0.06mi 3/2.0 (-1) 1,880 (+6%) 1mo $347,990 $185 82
1013 Daybreak Dr 0.36mi 3/2.0 (-1) 1,769 (-0%) 1mo $279,990 $158 77
3073 Duskshine Dr 0.03mi 3/2.0 (-1) 1,600 (-10%) 1mo $314,990 $197 76
1113 Sunlit Cir 0.40mi 4/2.0 1,827 (+3%) 1mo $313,990 $172 76
3000 Duskshine Dr 0.10mi 4/2.5 2,015 (+14%) 0mo $336,990 $167 71
6414 Breakaway Grove Dr 0.10mi 4/2.5 2,015 (+14%) 1mo $349,990 $174 70
3040 Helios Haven Dr 0.36mi 4/3.0 2,041 (+15%) 0mo $334,990 $164 54

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
-31.3%
Equity multiple
-0.00×
Total profit
$-91,931
Equity at exit
$48,725
10-year hold
IRR
-56.7%
Equity multiple
-0.61×
Total profit
$-147,684
Equity at exit
$28,254

Cash invested: $91,500 (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
9.0×

Monthly cashflow live

Estimated rent
$2,345 medium interval (Pro) →
Mortgage (P&I)
$1,714
Tax est. 1.5%
$408 /mo · $4,902/yr
Insurance
$136
HOA
$100
Vacancy / Maint / Mgmt
$493
Net cashflow
$-506

Break-even live

Break-even rent $2,985
Max offer price $253,624
Occupancy floor

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
$81,696
Closing costs
$9,804
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.

HOA detail

Monthly dues
$100 · $1,200/yr

Listing history 17 events

  1. 2026-06-18
    days on market $253,990 Active 22 DOM
  2. 2026-06-17
    days on market $253,990 Active 21 DOM
  3. 2026-06-16
    days on market $253,990 Active 20 DOM
  4. 2026-06-15
    days on market $253,990 Active 19 DOM
  5. 2026-06-13
    days on market $253,990 Active 17 DOM
  6. 2026-06-10
    days on market $253,990 Active 13 DOM
  7. 2026-06-08
    days on market $253,990 Active 12 DOM
  8. 2026-06-07
    days on market $253,990 Active 11 DOM
  9. 2026-06-04
    days on market $253,990 Active 8 DOM
  10. 2026-06-03
    days on market $253,990 Active 7 DOM
  11. 2026-06-02
    days on market $253,990 Active 6 DOM
  12. 2026-06-01
    days on market $253,990 Active 5 DOM
  13. 2026-05-31
    days on market $253,990 Active 4 DOM
  14. 2026-05-01
    price $254,990 401-char remark
  15. 2026-04-30
    price $254,990 522-char remark
  16. 2026-04-25
    listed $246,990 Active 401-char remark
  17. 2026-04-24
    listed $246,990 Active 522-char remark

ⓘ 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
$28,143
− Mortgage interest
−$18,305
− Property taxes
−$4,902
− Insurance
−$1,634
− Repairs & maintenance
−$2,251
− Management
−$2,251
− HOA
−$1,200
− Depreciation
−$9,506
Taxable loss
−$11,907
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,858
After-tax cash flow
$-3,209/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

Good 80/100 Cosmetic rehab

This single-level home is in good condition with a spacious open floorplan and modern finishes. It is move-in ready and has the potential for minor updates to increase its value.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Installing new flooring in the bedrooms — Carpet can be replaced with hardwood or tile to increase value.
  • Both Upgrading the kitchen backsplash — A backsplash can add a modern touch and increase the home's value.
  • Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more convenient and energy-efficient.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Installing new flooring in the bedrooms — Carpet can be replaced with hardwood or tile to increase value.
  • Both Upgrading the kitchen backsplash — A backsplash can add a modern touch and increase the home's value.
  • Both Adding smart home features — Smart home features can increase both resale and rental value by making the home more convenient and energy-efficient.

ⓘ 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
18,767
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

+2.8% since first listed
4 events — show timeline
  • 2026-05-27 Listed $253,990 HARMLS
  • 2026-05-21 Listing Removed HARMLS
  • 2026-04-30 Price Changed $254,990 HARMLS
  • 2026-04-24 Listed $246,990 HARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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