CashFlowRE
Sign in Sign up
Avalon Plan 🏗️ New Construction
D Composite 42.32
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).

  • Cash flow +9.2/30.0
  • Appreciation +8.7/10.0
  • ARV discount +7.5/15.0
  • Livability +3.5/5.0
  • Rent growth +3.1/5.0
  • 1% rule +2.8/10.0
  • DSCR +2.6/10.0
  • Schools +2.5/10.0
  • Condition / age +2.5/5.0

$299,990

Avalon Plan · Venus, TX 76084
4 bd · 2.0 ba · 1,550 sqft · SingleFamily · 234 Days on market
↓ 2% since listing

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

Listing remarks MLS

Bright, welcoming, and effortlessly livable, the one-story Avalon proves that great design lives in the details. From the to the open-concept living spaces and covered patio, this home is thoughtfully crafted for the way you live today. The kitchen is the heart of the home, with a spacious island and seamless flow into the dining and family rooms - perfect for casual mornings, festive dinners, and everything in between. A private primary suite at the back of the home creates a relaxing retreat, complete with a spacious bath and an expansive closet with the choice to add laundry room access for the ultimate convenience. Three additional bedrooms surround a shared bath, offering comfort, privacy, and space for everyone in the household. With its graceful layout and natural sense of flow, the Avalon offers more than comfort - it offers possibility. Whether you're just starting out or simply looking for a place that feels like it was made for you, the Avalon adapts with ease. This is a home where lasting memories are made, and everyday moments feel extraordinary.

Key facts

  • 2 garage spots
  • Listed 234 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $299,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $301,755.

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $300k.

Deal economics

  • At list price, monthly cash flow is $-227 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $269k (10.3% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $235k (21.6% below list).
  • Recommended offer: $235k (21.6% below list) — sets the bar for 1% rule.
  • Cap rate 5.4% vs local median 3.0% in Venus — 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 70/100 on livability (#356 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F, health & safety F.
  • Venus ISD (town): math 25% / reading 32% proficiency, ranked #646 of 826 in TX (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Venus El (math 27% / reading 30%, grade F, #2,706 of 4,322 statewide, top 63%, 658 students, 82% FRL); Venus Middle (math 20% / reading 32%, grade F, #1,222 of 1,662 statewide, top 74%, 491 students, 80% FRL); Venus H S (math 32% / reading 35%, grade F, #1,011 of 1,632 statewide, top 63%, 725 students, 76% FRL) — zoned schools average 79% FRL vs 60% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+2.4%/yr); 427 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,152 units permitted in Johnson County in 2024 (76 in 5+ unit buildings).

Forward outlook

  • In year one you build about $24k of equity ($2k loan paydown + $22k appreciation (7.3% local appreciation)).
  • Johnson County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 234 days — a 12% lower offer ($264k) is reasonable based on typical stale-listing flexibility.
Recommended offer $235,287 (21.6% 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 234 days. Have you received any prior offers? Is the seller open to a 22% 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
0.78%
Cap rate
5.39%
Cash-on-cash
-3.22%
DSCR
0.86
GRM
10.7

CMA / ARV

ARV (median comp)
$301,755
List price
$299,990
Delta
-0.58%
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
128 Patrick Henry Dr 0.07mi 4/2.0 1,553 (+0%) 0mo $314,890 $203 96
104 John Laurens Dr 0.20mi 4/2.0 1,553 (+0%) 2mo $289,990 $187 88
126 Patrick Henry Dr 0.07mi 3/2.0 (-1) 1,606 (+4%) 2mo $324,890 $202 84
134 Yorktown Ct 0.23mi 3/2.0 (-1) 1,605 (+4%) 1mo $275,000 $171 78
223 Patton Ln 0.24mi 3/2.0 (-1) 1,658 (+7%) 1mo $325,900 $197 71
311 Patton Ln 0.27mi 3/2.0 (-1) 1,658 (+7%) 1mo $325,900 $197 70
136 Kennedy Dr 0.42mi 3/2.0 (-1) 1,597 (+3%) 1mo $270,000 $169 70
523 Bennie Leonard St 0.39mi 4/2.0 1,690 (+9%) 2mo $279,000 $165 65
319 Julian Davis Dr 0.48mi 3/2.0 (-1) 1,658 (+7%) 2mo $320,900 $194 59
210 Julian Davis Dr 0.39mi 3/2.0 (-1) 1,379 (-11%) 1mo $307,900 $223 58
320 Julian Davis Dr 0.46mi 3/2.0 (-1) 1,379 (-11%) 2mo $301,900 $219 54
317 Julian Davis Dr 0.48mi 3/2.0 (-1) 1,379 (-11%) 2mo $307,900 $223 53

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

Projected returns pro-forma

7.32% appreciation · 2.39% rent growth · sell at horizon

5-year hold
IRR
15.8%
Equity multiple
2.13×
Total profit
$95,509
Equity at exit
$215,459
10-year hold
IRR
15.3%
Equity multiple
4.37×
Total profit
$285,103
Equity at exit
$415,159

Cash invested: $84,491 (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 76084

Home prices YoY
2.1%
Rents YoY
2.4%
Active inventory
427
Price-to-rent
10.6×

Monthly cashflow live

Estimated rent
$2,353 high interval (Pro) →
Mortgage (P&I)
$1,582
Tax est. 1.5%
$377 /mo · $4,526/yr
Insurance
$126
HOA
$0
Vacancy / Maint / Mgmt
$494
Net cashflow
$-227

Break-even live

Break-even rent $2,640
Max offer price $268,967
Occupancy floor

Sensitivity live

Price -10% $-18 -5% $-122 +0% $-227 +5% $-331 +10% $-435
Rent -10% $-412 -5% $-320 +0% $-227 +5% $-134 +10% $-41
Rate -1.0pp $-75 -0.5pp $-150 base $-227 +0.5pp $-305 +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
$75,439
Closing costs
$9,053
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
201 John Laurens Dr Venus, TX 3.0–5.0 2.0–2.5 1975 $2,535 $1.28 0d 1 0.05mi
512 Albert Anthony St Venus, TX 3.0 2.0 1658 $1,990 $1.20 24d 1 0.23mi
512 Albert Anthony St Venus, TX 3.0 2.0 1658 $1,990 $1.20 1d 1 0.23mi
313 Patton Ln Venus, TX 4.0 2.0 1784 $2,355 $1.32 9d 1 0.25mi
315 Patton Ln Venus, TX 4.0 2.5 2173 $2,515 $1.16 5d 1 0.26mi
325 Condie Russell Ave Venus, TX 4.0 2.5 2189 $2,325 $1.06 14d 1 0.31mi
147 Sammy Fowler Ave Venus, TX 4.0 2.0 1690 $2,250 $1.33 0d 1 0.34mi
201 Julian Davis Dr Venus, TX 3.0 2.5 1626 $2,195 $1.35 21d 1 0.38mi
208 Julian Davis Dr Venus, TX 4.0 2.0 1784 $2,330 $1.31 13d 1 0.40mi
523 Bennie Leonard St Venus, TX 4.0 2.0 1690 $2,350 $1.39 0d 1 0.42mi
214 Julian Davis Dr Venus, TX 4.0 2.0 1784 $2,355 $1.32 45d 1 0.44mi
358 Condie Russell Ave Venus, TX 3.0 2.0 1658 $1,995 $1.20 4d 1 0.45mi
418 Watson Ct Venus, TX 3.0 2.0 1379 $2,210 $1.60 45d 1 0.47mi
170 Kennedy Dr Venus, TX 4.0 2.0 1661 $2,300 $1.38 0d 1 0.49mi
120 Mt Vernon Ln Venus, TX 3.0 2.0 1661 $2,149 $1.29 45d 1 0.50mi
315 Julian Davis Dr Venus, TX 4.0 2.0 1784 $2,355 $1.32 0d 1 0.51mi
131 Mt Vernon Ln Venus, TX 3.0 2.0 1652 $2,169 $1.31 24d 1 0.51mi
430 Gib Woodall Dr Venus, TX 3.0 2.0 1379 $2,000 $1.45 5d 1 0.54mi
427 Condie Russell Ave Venus, TX 3.0 2.0 1218 $1,965 $1.61 45d 1 0.56mi
101 Hancock St Venus, TX 3.0 2.5 1773 $1,929 $1.09 3d 1 0.57mi
501 Gib Woodall Dr Venus, TX 3.0 2.0 1218 $1,945 $1.60 45d 1 0.57mi
428 Condie Russell Ave Venus, TX 4.0 2.0 1784 $2,150 $1.21 26d 1 0.58mi
108 Rushmore Ln Venus, TX 4.0 2.0 1658 $1,969 $1.19 26d 1 0.61mi
112 Liberty Ln Venus, TX 4.0 2.0 1658 $2,309 $1.39 45d 1 0.76mi
135 Houston Pl Venus, TX 3.0 2.0 1590 $2,029 $1.28 0d 1 0.78mi
628 Blackland Dr Venus, TX 4.0 2.5 1483 $2,200 $1.48 0d 1 0.78mi
645 Blackland Dr Venus, TX 3.0 2.0 1361 $1,950 $1.43 45d 1 0.79mi
640-644 Wheatfield DR Venus, TX 4.0 2.0 1926 $2,100 $1.09 0d 1 0.81mi
656-660 Wheatfield DR Venus, TX 3.0 2.0 1301 $1,950 $1.50 0d 1 0.83mi
645 Fallow Dr Venus, TX 3.0 2.0 1301 $1,950 $1.50 9d 1 0.85mi
728 Fallow Dr Venus, TX 3.0 2.0 1347 $1,795 $1.33 17d 1 0.86mi
601 Harvest Moon Dr Venus, TX 3.0 2.0 1347 $1,795 $1.33 45d 1 0.86mi
720 Blackland Dr Venus, TX 4.0 2.5 1926 $2,200 $1.14 9d 1 0.86mi
733 Wheatfield Dr Venus, TX 3.0 2.0 1347 $1,795 $1.33 26d 1 0.89mi
620-616 Harvest Moon Dr Venus, TX 3.0 2.0 1307 $1,950 $1.49 45d 1 0.89mi
729 Fallow Dr Venus, TX 3.0 2.0 1301 $1,995 $1.53 45d 1 0.91mi
748 Wheatfield Dr Venus, TX 3.0 2.0 1361 $1,950 $1.43 45d 1 0.92mi
704 Harvest Moon Dr Venus, TX 3.0 2.0 1361 $1,850 $1.36 46d 1 0.95mi
712 Harvest Moon Dr Venus, TX 3.0 2.0 1301 $1,895 $1.46 26d 1 0.96mi
261 Heritage Hills Pkwy Venus, TX 1.0–3.0 1.0–2.0 912 $2,305 $2.53 0d 1 1.00mi

Listing history 17 events

  1. 2026-06-21
    days on market $299,990 Active 234 DOM
  2. 2026-06-18
    days on market $299,990 Active 231 DOM
  3. 2026-06-17
    days on market $299,990 Active 230 DOM
  4. 2026-06-16
    days on market $299,990 Active 229 DOM
  5. 2026-06-15
    days on market $299,990 Active 228 DOM
  6. 2026-06-13
    days on market $299,990 Active 226 DOM
  7. 2026-06-13
    days on market $299,990 Active 225 DOM
  8. 2026-06-09
    days on market $299,990 Active 222 DOM
  9. 2026-06-08
    days on market $299,990 Active 221 DOM
  10. 2026-06-07
    days on market $299,990 Active 220 DOM
  11. 2026-06-04
    days on market $299,990 Active 217 DOM
  12. 2026-06-03
    days on market $299,990 Active 216 DOM
  13. 2026-06-02
    days on market $299,990 Active 215 DOM
  14. 2026-06-01
    days on market $299,990 Active 214 DOM
  15. 2026-05-31
    days on market $299,990 Active 213 DOM
  16. 2026-01-07
    price $299,990 1075-char remark
    Show marketing remark (1075 chars)

    Bright, welcoming, and effortlessly livable, the one-story Avalon proves that great design lives in the details. From the to the open-concept living spaces and covered patio, this home is thoughtfully crafted for the way you live today. The kitchen is the heart of the home, with a spacious island and seamless flow into the dining and family rooms - perfect for casual mornings, festive dinners, and everything in between. A private primary suite at the back of the home creates a relaxing retreat, complete with a spacious bath and an expansive closet with the choice to add laundry room access for the ultimate convenience. Three additional bedrooms surround a shared bath, offering comfort, privacy, and space for everyone in the household. With its graceful layout and natural sense of flow, the Avalon offers more than comfort - it offers possibility. Whether you're just starting out or simply looking for a place that feels like it was made for you, the Avalon adapts with ease. This is a home where lasting memories are made, and everyday moments feel extraordinary.

  17. 2025-10-30
    listed $304,990 Active 1075-char remark
    Show marketing remark (1075 chars)

    Bright, welcoming, and effortlessly livable, the one-story Avalon proves that great design lives in the details. From the to the open-concept living spaces and covered patio, this home is thoughtfully crafted for the way you live today. The kitchen is the heart of the home, with a spacious island and seamless flow into the dining and family rooms - perfect for casual mornings, festive dinners, and everything in between. A private primary suite at the back of the home creates a relaxing retreat, complete with a spacious bath and an expansive closet with the choice to add laundry room access for the ultimate convenience. Three additional bedrooms surround a shared bath, offering comfort, privacy, and space for everyone in the household. With its graceful layout and natural sense of flow, the Avalon offers more than comfort - it offers possibility. Whether you're just starting out or simply looking for a place that feels like it was made for you, the Avalon adapts with ease. This is a home where lasting memories are made, and everyday moments feel extraordinary.

ⓘ 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

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$28,234
− Mortgage interest
−$16,903
− Property taxes
−$4,526
− Insurance
−$1,509
− Repairs & maintenance
−$2,259
− Management
−$2,259
− Depreciation
−$8,778
Taxable loss
−$7,999
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,920
After-tax cash flow
$-799/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
Venus ISD
NCES district ID
4844010
Math proficiency
25% ▼ -15.00%
Reading proficiency
32% ▼ -2.00%
Median HH income
$50,394
Composite
24.97/100
National rank
#7563
State rank
#646 of 826 in TX

Livability — Venus

Score
70/100
State rank
#356
US rank
#7724

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Venus, TX
County
Johnson County · 147,987 people
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
14,097
Household income
$102,115
Rent vs Own
12.2% rent · 87.8% own
Severe rent burden
70.0

Population outlook (Johnson County) Hauer SSP2

Today (2025)
179,678 people
By 2030
189,208 · +5.3%
By 2040
207,261 · +15.4%
By 2050
223,064 · +24.1%
By 2075
259,979 · +44.7%
By 2100
275,395 · +53.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 52% Hispanic / Latino 30% Two or more races 24% Black 11% Asian 1%
Hispanic origin (detail)
Mexican 25% Puerto Rican 1%
Common ancestry
Romanian 2% Lithuanian 1% Slovak 1%
Foreign-born
8% · Canada
Languages at home
78% English-only · Spanish 18% Arabic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Johnson

2024 margin
Solid R (+51.4) · D 23.9% · R 75.3%
2008→2024 swing
-3.9pp toward R · 2008: -47.5pp · 2024: -51.4pp
All cycles
2024: R+51.4 2020: R+53.0 2016: R+58.3 2012: R+55.6 2008: R+47.5

Not yet ingested

Civics

Market trends

HPI YoY
▲ 7.32%
Current HPI
355.74
Rent YoY
▲ 2.39%
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-1.6% since first listed
2 events — show timeline
  • 2026-01-07 Price Changed $299,990 Zillow
  • 2025-10-30 Listed $304,990 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…