9011 Serene Hvn · Iowa Colony, TX 77583

$288,490

3 bd · 2.0 ba · 1,412 sqft · SingleFamily · 70 Days on market

Built 2026 Good condition 7,570 sqft lot $204/sqft · 7% below area Est $309k · 7% under $75/mo HOA · 3% of rent ↓ 4% 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).

• Cash flow +10.9/30.0
• ARV discount +10.6/15.0
• Condition / age +4.0/5.0
• Schools +3.9/10.0
• 1% rule +3.5/10.0
• DSCR +3.2/10.0
• Livability +3.2/5.0
• Rent growth +2.6/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

Key facts

• Huge walk-in closet
• Open concept kitchen
• Large covered patio

Tags

• OPEN CONCEPT KITCHEN
• STAINLESS STEEL APPLIANCES
• GRANITE COUNTERTOPS
• WALK IN PANTRY
• LARGE COVERED PATIO
• HUGE WALK-IN CLOSET

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $288k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-125 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $270k (6.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $246k (14.7% below list).
• Recommended offer: $246k (14.7% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 4.2% in Iowa Colony — 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 64/100 on livability (#757 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: schools F, amenities F, commute F.
• Alvin ISD (suburban): math 39% / reading 48% proficiency, ranked #255 of 826 in TX (top 31%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 1148 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 3,960 units permitted in Brazoria County in 2024 (593 in 5+ unit buildings).

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.
• Brazoria County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 70 days — a 6% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
• 4 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 $246,026 (14.7% 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. It's been on market 70 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.85% ✗
• Cap rate: 5.77%
• Cash-on-cash: -1.86%
• DSCR: 0.92
• GRM: 9.8

CMA / ARV

• ARV (median comp): $309,490
• List price: $288,490
• Delta: -6.79%
• 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
9011 Serene Hvn	0.00mi	3/2.0	1,412 (0%)	1mo	$288,490	$204	99
9115 Serene Hvn	0.05mi	3/2.0	1,412 (0%)	2mo	$296,490	$210	96
9138 Sunset Marina Way	0.11mi	3/2.0	1,412 (0%)	4mo	$289,490	$205	92
1511 Shimmering Ocean Way	0.07mi	3/2.0	1,595 (+13%)	1mo	$299,990	$188	74
9438 Sky Blue Dr	0.49mi	3/2.0	1,414 (+0%)	3mo	$229,000	$162	74
9438 Gold Mountain Dr	0.51mi	3/2.0	1,393 (-1%)	1mo	$229,000	$164	73
1222 Sandy Shore Ln	0.11mi	3/2.0	1,595 (+13%)	2mo	$309,990	$194	72
9015 Rose Water Trl	0.12mi	3/2.0	1,595 (+13%)	1mo	$309,490	$194	72
1827 Garnet Breeze Dr	0.54mi	3/2.0	1,393 (-1%)	2mo	$235,000	$169	71
9118 Sunset Marina Way	0.11mi	3/2.0	1,595 (+13%)	3mo	$309,490	$194	71
1402 Angelfish Dr	0.11mi	3/2.0	1,595 (+13%)	3mo	$314,490	$197	71
1802 Opal Peach Dr	0.62mi	3/2.0	1,393 (-1%)	2mo	$240,000	$172	67

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 · 0.44% rent growth · sell at horizon

5-year hold

• IRR: -22.4%
• Equity multiple: 0.25×
• Total profit: $-60,811
• Equity at exit: $43,015

10-year hold

• IRR: -24.9%
• Equity multiple: -0.08×
• Total profit: $-86,962
• Equity at exit: $24,943

Cash invested: $80,777 (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 77583

• Rents YoY: 0.4%
• Active inventory: 1148
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,460 high
• Mortgage (P&I): −$1,513
• Tax est. 1.5%: −$361 /mo · $4,327/yr
• Insurance: −$120
• HOA: −$75
• Vacancy / Maint / Mgmt: −$517
• Net cashflow: $-125

Break-even live

Break-even rent $2,619

Max offer price $270,390

Occupancy floor —

Sensitivity live

Price	-10% $74	-5% $-25	+0% $-125	+5% $-225	+10% $-324
Rent	-10% $-319	-5% $-222	+0% $-125	+5% $-28	+10% $69
Rate	-1.0pp $20	-0.5pp $-52	base $-125	+0.5pp $-200	+1.0pp $-276

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: $72,122
• Closing costs: $8,655
• Reserves months: —
• Total cash needed: —

Rent comps 15 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1123 Diamond Drape Dr Rosharon, TX	4.0	2.0	1844	$2,000	$1.08	14d	1	0.45mi
8219 House Dr Rosharon, TX	3.0	2.0	1263	$1,970	$1.56	23d	1	0.95mi
9518 Peridot Green Dr Rosharon, TX	4.0	2.0	1593	$1,886	$1.18	23d	1	0.95mi
8102 Buck Ln Rosharon, TX	3.0	2.0	1409	$2,100	$1.49	45d	1	1.06mi
8310 Rose Petals Ln Rosharon, TX	4.0	2.0	1833	$2,300	$1.25	45d	1	1.09mi
2510 Green Jasper Dr Rosharon, TX	3.0	2.0	1561	$2,375	$1.52	45d	1	1.11mi
2523 Topaz Hill Ln Rosharon, TX	3.0–4.0	2.0–2.5	1857	$2,425	$1.31	18d	1	1.21mi
10313 Malta Trace Dr Rosharon, TX	4.0	2.0	1802	$2,545	$1.41	45d	1	1.22mi
1816 Corsica Creek Ln Rosharon, TX	3.0–4.0	2.0–2.5	1653	$2,306	$1.40	0d	20	1.27mi
10211 Alpine Lake Ln Rosharon, TX	3.0–4.0	2.0–2.5	1731	$2,469	$1.43	45d	7	1.37mi
10211 Alpine Lake Ln Rosharon, TX	3.0–4.0	2.0–2.5	1731	$2,700	$1.56	0d	6	1.37mi
10502 Moon Valley Ln Rosharon, TX	3.0	2.0	1615	$2,725	$1.69	0d	1	1.43mi
10507 Moon Valley Ln Rosharon, TX	3.0	2.0	1548	$2,650	$1.71	0d	1	1.44mi
10610 Cascade Creek Dr Rosharon, TX	3.0	2.0	1548	$2,700	$1.74	45d	1	1.44mi
10622 Cascade Creek Dr Rosharon, TX	4.0	2.0	1780	$2,775	$1.56	45d	1	1.47mi

HOA detail

• Monthly dues: $75 · $900/yr

Listing history 18 events

1. 2026-05-12
   status Pending 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

2. 2026-05-05
   price $288,490 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

3. 2026-04-28
   price $288,990 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

4. 2026-04-21
   price $289,490 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

5. 2026-04-10
   price $291,510 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

6. 2026-03-25
   status Active 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

7. 2026-03-25
   price $308,510 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

8. 2026-03-17
   status Pending 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

9. 2026-03-02
   price $274,990 871-char remark

   Show marketing remark (871 chars)

   The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

10. 2026-02-24
    price $299,990 871-char remark

    Show marketing remark (871 chars)

    The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

11. 2026-02-23
    price $298,990

    Show marketing remark (871 chars)

    The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

12. 2026-02-23
    price $289,990

    Show marketing remark (871 chars)

    The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

13. 2026-02-23
    listed $298,990 Active 871-char remark

    Show marketing remark (871 chars)

    The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

14. 2026-02-23
    historical

    Show marketing remark (871 chars)

    The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

15. 2026-02-23
    historical

    Show marketing remark (871 chars)

    The Bellvue is a single story home that offers 3 bedrooms, 2 bathrooms and 1,407 sq. ft. of living space. As you enter the long foyer, you'll pass both extra bedrooms, bedroom 2 and bedroom 3, as well as the extra bathroom, bathroom 2. The secondary bedrooms both feature large walk in closets. Next you'll enter the open concept kitchen which features stainless steel appliances, granite countertops, and a walk-in pantry. The large kitchen island overlooks the family room which has plenty of natural lighting. The dining room is next to the kitchen and leads out to the large covered patio. The main bedroom, bedroom 1, is located off the family room and features a huge walk-in closet and large walk-in shower. This home includes our HOME IS CONNECTED base package which includes the, Front Door Bell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

16. 2026-02-17
    price $299,490
17. 2026-02-10
    listed $299,990 Active
18. 2026-02-10
    listed $299,990 Active

ⓘ 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: $29,523
• − Mortgage interest: −$16,160
• − Property taxes: −$4,327
• − Insurance: −$1,442
• − Repairs & maintenance: −$2,362
• − Management: −$2,362
• − HOA: −$900
• − Depreciation: −$8,392
• Taxable loss: −$6,423
• Est. tax savings @ 24.0%: +$1,541
• After-tax cash flow: $40/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

Good 80/100 Cosmetic rehab

This single-story home is in good condition with a modern kitchen and well-maintained exterior. It has potential for minor updates to enhance its curb appeal and value.

Value-add opportunities

• Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics.
• Both Clean gutters — Clean gutters improve drainage and prevent water damage to the exterior.
• Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value.
• Both Add smart home features — Smart home features can increase property value and attract tech-savvy buyers/tenants.
• Both Add a smart thermostat — A smart thermostat can improve energy efficiency and comfort, attracting eco-conscious buyers/tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Clean gutters — Clean gutters improve drainage and prevent water damage to the exterior. ↑
• Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value. ↑
• Both Add smart home features — Smart home features can increase property value and attract tech-savvy buyers/tenants. ↑
• Both Add a smart thermostat — A smart thermostat can improve energy efficiency and comfort, attracting eco-conscious buyers/tenants. ↑

ⓘ 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: Alvin ISD
• NCES district ID: 4808090
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 48% ▬ 0.00%
• Median HH income: $66,740
• Composite: 38.96/100
• National rank: #4080
• State rank: #255 of 826 in TX

Livability — Iowa Colony

• Score: 64/100
• State rank: #757
• US rank: #13904

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

• Census place: Iowa Colony, TX
• County: Brazoria County · 374,982 people
• City population: 52,747
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 52,747
• Household income: $119,287
• Rent vs Own: 9.8% rent · 90.2% own
• Severe rent burden: 251.0

Population outlook (Brazoria County) Hauer SSP2

• Today (2025): 420,414 people
• By 2030: 457,585 · +8.8%
• By 2040: 532,232 · +26.6%
• By 2050: 605,399 · +44.0%
• By 2075: 779,358 · +85.4%
• By 2100: 883,759 · +110.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.70)
• Race & ethnicity: Hispanic / Latino 38% Black 34% White 20% Two or more races 18% Asian 5%
• Hispanic origin (detail): Mexican 31% Puerto Rican 2%
• Common ancestry: Lithuanian 1% Slovak 1% Romanian 1%
• Foreign-born: 16% · Canada, Vietnam, China
• Languages at home: 64% English-only · Spanish 28% Other Asian/Pacific 2% Vietnamese 1%

Political lean MEDSL · Brazoria

• 2024 margin: R (+19.7) · D 39.5% · R 59.2% · Other 1.3%
• 2008→2024 swing: +9.9pp toward D · 2008: -29.6pp · 2024: -19.7pp
• All cycles: 2024: R+19.7 2020: R+18.2 2016: R+24.6 2012: R+34.2 2008: R+29.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -120.19%
• Current HPI: 198.6559
• Rent YoY: ▲ 0.44%
• 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

-3.8% since first listed

18 events — show timeline

• 2026-05-12 Pending — HARMLS
• 2026-05-05 Price Changed $288,490 HARMLS
• 2026-04-28 Price Changed $288,990 HARMLS
• 2026-04-21 Price Changed $289,490 HARMLS
• 2026-04-10 Price Changed $291,510 HARMLS
• 2026-03-25 Relisted — HARMLS
• 2026-03-25 Price Changed $308,510 HARMLS
• 2026-03-17 Pending — HARMLS
• 2026-03-02 Price Changed $274,990 HARMLS
• 2026-02-24 Price Changed $299,990 HARMLS
• 2026-02-23 Price Changed $298,990 HARMLS
• 2026-02-23 Price Changed $289,990 HARMLS
• 2026-02-23 Listing Removed — HARMLS
• 2026-02-23 Listing Removed — HARMLS
• 2026-02-23 Listed $298,990 HARMLS
• 2026-02-17 Price Changed $299,490 HARMLS
• 2026-02-10 Listed $299,990 HARMLS
• 2026-02-10 Listed $299,990 HARMLS