272 Lone Pine Dr · Houston, TX 77336

$239,900

3 bd · 2.0 ba · 2,128 sqft · Manufactured public records · 24 Days on market

Built 2000 1.38 ac lot $2/mo HOA

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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 +12.5/30.0
• ARV discount +7.5/15.0
• DSCR +3.7/10.0
• Livability +3.7/5.0
• Schools +3.1/10.0
• 1% rule +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.7/10.0

Listing remarks MLS

Nestled on a sprawling 1.38-acre lot in the serene countryside, this property presents a unique opportunity for those seeking to create their dream home from the ground up. While the home is in need of substantial repairs and renovations, its expansive layout and generous 1.38-acre parcel of land offer a canvas for your imagination to run wild. Seize the chance to craft a truly unique living space. Contact us now to explore the potential within and beyond these walls. Your country living dreams await – just a renovation away!

Key facts

• Country living
• Wooded lot
• Stone-look fireplace

Tags

• COUNTRY LIVING
• MATURE TREES
• LARGE COVERED FRONT PORCH
• OPEN-CONCEPT LIVING AREA
• STONE-LOOK FIREPLACE
• WOODED LOT

Property features AI

Finance

• Other: Seller disclosure available
• HOA & community: Blue Lakes Civic Club with a $25 annual fee

Exterior

• Utilities: Well water; Septic tank
• Home design: Residential property
• Construction: Built in 2000; Vinyl siding; Composition roof; Block foundation
• Exterior features: Subdivision setting; Wooded lot

Interior

• Bedrooms: Primary bedroom (first level) — 19x13; Bedroom (first level) — 14x11; Bedroom (first level) — 11x11; Bedroom (first level) — 12x10; Bedroom (first level) — 14x11; Office (first level) — 10x10
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (electric); Central air (electric)
• Interior features: Breakfast bar; Kitchen/family room combo; Pantry; One fireplace; Total of 6 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $240k.

Deal economics

• At list price, monthly cash flow is $-102 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $222k (7.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $192k (19.8% below list).
• Recommended offer: $192k (19.8% below list) — sets the bar for 1% rule.
• Cap rate 6.1% vs local median 3.2% in Houston — 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 74/100 on livability (#184 in TX, #4,771 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
• Huffman ISD (rural): math 32% / reading 35% proficiency, ranked #500 of 826 in TX (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Falcon Ridge El (math 30% / reading 35%, grade F, #2,234 of 4,322 statewide, top 52%, 689 students, 49% FRL); Huffman Middle (math 36% / reading 32%, grade F, #892 of 1,662 statewide, top 55%, 907 students, 42% FRL); Hargrave H S (math 31% / reading 46%, grade F, #866 of 1,632 statewide, top 54%, 1,125 students, 36% FRL).
• Market conditions: 585 active listings in the ZIP; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 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 $7k of value loss. Plan a longer hold.
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($236k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago 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.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $192,395 (19.8% 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's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 0.80% ✗
• Cap rate: 6.11%
• Cash-on-cash: -0.64%
• DSCR: 0.97
• GRM: 10.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.3%
• Equity multiple: 0.32×
• Total profit: $-45,388
• Equity at exit: $35,770

10-year hold

• IRR: -12.0%
• Equity multiple: 0.29×
• Total profit: $-47,891
• Equity at exit: $20,742

Cash invested: $67,172 (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 77336

• Home prices YoY: -1.8%
• Active inventory: 585
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $1,924 medium
• Mortgage (P&I): −$1,258
• Tax from tax record: −$196 /mo · $2,350/yr
• Insurance: −$100
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$2
• Vacancy / Maint / Mgmt: −$404
• Net cashflow: $-102

Break-even live

Break-even rent $2,054

Max offer price $221,813

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $2 · $24/yr

Listing history 24 events

1. 2026-06-18
   days on market $239,900 Active 24 DOM
2. 2026-06-17
   days on market $239,900 Active 23 DOM
3. 2026-06-16
   days on market $239,900 Active 22 DOM
4. 2026-06-15
   days on market $239,900 Active 21 DOM
5. 2026-06-13
   days on market $239,900 Active 19 DOM
6. 2026-06-09
   days on market $239,900 Active 15 DOM
7. 2026-06-08
   days on market $239,900 Active 14 DOM
8. 2026-06-07
   days on market $239,900 Active 13 DOM
9. 2026-06-04
   statusdays on market $239,900 Active 10 DOM
10. 2026-06-03
    days on market $239,900 Pending 9 DOM
11. 2026-06-02
    days on market $239,900 Pending 8 DOM
12. 2026-06-01
    days on market $239,900 Pending 7 DOM
13. 2026-05-31
    statusdays on market $239,900 Pending 6 DOM
14. 2026-05-25
    listed $239,900 Active
15. 2023-11-22
    soldstatus
16. 2023-11-21
    soldstatus Sold 537-char remark

    Show marketing remark (537 chars)

    Nestled on a sprawling 1.38-acre lot in the serene countryside, this property presents a unique opportunity for those seeking to create their dream home from the ground up. While the home is in need of substantial repairs and renovations, its expansive layout and generous 1.38-acre parcel of land offer a canvas for your imagination to run wild. Seize the chance to craft a truly unique living space. Contact us now to explore the potential within and beyond these walls. Your country living dreams await – just a renovation away!

17. 2023-10-18
    status Pending 537-char remark

    Show marketing remark (537 chars)

    Nestled on a sprawling 1.38-acre lot in the serene countryside, this property presents a unique opportunity for those seeking to create their dream home from the ground up. While the home is in need of substantial repairs and renovations, its expansive layout and generous 1.38-acre parcel of land offer a canvas for your imagination to run wild. Seize the chance to craft a truly unique living space. Contact us now to explore the potential within and beyond these walls. Your country living dreams await – just a renovation away!

18. 2023-10-11
    status Option Pending 537-char remark

    Show marketing remark (537 chars)

    Nestled on a sprawling 1.38-acre lot in the serene countryside, this property presents a unique opportunity for those seeking to create their dream home from the ground up. While the home is in need of substantial repairs and renovations, its expansive layout and generous 1.38-acre parcel of land offer a canvas for your imagination to run wild. Seize the chance to craft a truly unique living space. Contact us now to explore the potential within and beyond these walls. Your country living dreams await – just a renovation away!

19. 2023-10-03
    price $149,900 537-char remark

    Show marketing remark (537 chars)

    Nestled on a sprawling 1.38-acre lot in the serene countryside, this property presents a unique opportunity for those seeking to create their dream home from the ground up. While the home is in need of substantial repairs and renovations, its expansive layout and generous 1.38-acre parcel of land offer a canvas for your imagination to run wild. Seize the chance to craft a truly unique living space. Contact us now to explore the potential within and beyond these walls. Your country living dreams await – just a renovation away!

20. 2023-09-11
    price $159,900 537-char remark

    Show marketing remark (537 chars)

    Nestled on a sprawling 1.38-acre lot in the serene countryside, this property presents a unique opportunity for those seeking to create their dream home from the ground up. While the home is in need of substantial repairs and renovations, its expansive layout and generous 1.38-acre parcel of land offer a canvas for your imagination to run wild. Seize the chance to craft a truly unique living space. Contact us now to explore the potential within and beyond these walls. Your country living dreams await – just a renovation away!

21. 2023-08-29
    listed $179,900 Active 537-char remark

    Show marketing remark (537 chars)

    Nestled on a sprawling 1.38-acre lot in the serene countryside, this property presents a unique opportunity for those seeking to create their dream home from the ground up. While the home is in need of substantial repairs and renovations, its expansive layout and generous 1.38-acre parcel of land offer a canvas for your imagination to run wild. Seize the chance to craft a truly unique living space. Contact us now to explore the potential within and beyond these walls. Your country living dreams await – just a renovation away!

22. 2023-08-25
    soldstatus
23. 2000-02-03
    soldstatus
24. 2000-01-04
    soldstatus

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

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,350 · $196/mo
• Projected year-2 tax: $4,390 · $366/mo
• Expected delta: +$2,040/yr (+$170/mo · 86.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,087
• − Mortgage interest: −$13,438
• − Property taxes: −$2,350
• − Insurance: −$1,997
• − Repairs & maintenance: −$1,847
• − Management: −$1,847
• − HOA: −$24
• − Depreciation: −$6,979
• Taxable loss: −$5,395
• Est. tax savings @ 24.0%: +$1,295
• After-tax cash flow: $66/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: Huffman ISD
• NCES district ID: 4823820
• Math proficiency: 32% ▼ -9.00%
• Reading proficiency: 35% ▼ -9.00%
• Median HH income: $65,848
• Composite: 30.61/100
• National rank: #6195
• State rank: #500 of 826 in TX

Livability — Houston

• Score: 74/100
• State rank: #184
• US rank: #4771

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Harris County · 4,702,590 people
• City population: 3,226,434
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 14,342
• Household income: $96,404
• Rent vs Own: 21.8% rent · 78.2% own
• Severe rent burden: 377.0

Population outlook (Harris County) Hauer SSP2

• Today (2025): 5,571,493 people
• By 2030: 6,089,821 · +9.3%
• By 2040: 7,142,806 · +28.2%
• By 2050: 8,185,864 · +46.9%
• By 2075: 10,574,329 · +89.8%
• By 2100: 12,109,958 · +117.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (65%)
• Race & ethnicity: White 65% Hispanic / Latino 23% Two or more races 9% Black 5% Native American 4%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Lithuanian 4% Slovak 2% Romanian 2%
• Foreign-born: 9% · Canada
• Languages at home: 79% English-only · Spanish 18% Other Indo-European 2%

Political lean MEDSL · Harris

• 2024 margin: Lean D (+5.5) · D 52.0% · R 46.4% · Other 1.6%
• 2008→2024 swing: +3.9pp toward D · 2008: 1.6pp · 2024: 5.5pp
• All cycles: 2024: D+5.5 2020: D+13.3 2016: D+12.4 2012: D+0.1 2008: D+1.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -8.59%
• Current HPI: 472.03
• Rent YoY: —
• 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

+33.4% since first listed

11 events — show timeline

• 2026-05-25 Listed $239,900 HARMLS
• 2023-11-22 Sold (Public Records) — Public Records
• 2023-11-21 Sold (MLS) — HARMLS
• 2023-10-18 Pending — HARMLS
• 2023-10-11 Pending — HARMLS
• 2023-10-03 Price Changed $149,900 HARMLS
• 2023-09-11 Price Changed $159,900 HARMLS
• 2023-08-29 Listed $179,900 HARMLS
• 2023-08-25 Sold (Public Records) — Public Records
• 2000-02-03 Sold (Public Records) — Public Records
• 2000-01-04 Sold (Public Records) — Public Records

Property tax history

+1.5%/yr

Latest (2025): $2,350 · +0.6% YoY. Source: county tax records.