Comal Plan · Kendleton, TX 77417

$264,990

3 bd · 2.0 ba · 1,604 sqft · SingleFamily · 357 Days on market

Excellent condition ↓ 2% 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 +11.8/30.0
• ARV discount +7.5/15.0
• Appreciation +7.1/10.0
• Condition / age +5.0/5.0
• Schools +4.6/10.0
• DSCR +3.5/10.0
• 1% rule +3.4/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

The Comal floor plan is a well-designed, three-bedroom and two-bathroom home that has a ton of character. The exterior of the home is a beautiful brick structure, with the option to swap the brick for stone. Upon entry, you are greeted by the combined flex space and family room. The flex space allows for either a fourth bedroom, a private study, a formal dining area, a quaint game room, or anything your heart desires. The spacious kitchen/breakfast area and massive family room are perfect for entertaining gatherings of any size! On the right side of the home, you are met with the walk-in utility room with access to your two-car garage, along with the second and third bedrooms. Residing in the middle of the two bedrooms is the full secondary bathroom complete with a shower/bathtub enclosure, single vanity, and a linen closet. Facing the large family room is the extensive kitchen and breakfast area boasting sleek granite countertops, flat-panel birch cabinets, industry-leading appliances, and an undermount stainless steel sink with a ceramic tile backsplash. Do you wish to be able to relax in your backyard while being protected from the weather? Opt to include an exclusive covered patio! Next to the breakfast/kitchen combination area are two more linen closets, and the entry to your Master bedroom and bathroom with a huge walk-in closet. Retreat to your master bathroom that includes the option of double vanities, a shower/bathtub enclosure, and an additional linen closet. If. ..

Key facts

• Brick structure
• Flex space
• Covered patio

Tags

• BRICK STRUCTURE
• FLEX SPACE
• WALK-IN UTILITY ROOM
• COVERED PATIO
• GRANITE COUNTERTOPS
• FLAT-PANEL BIRCH CABINETS

🏗️ New construction. The $264,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $282,772.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $265k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-78 ($-935/yr) — negative.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $238k (10.4% below list).
• Recommended offer: $233k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 61/100 on livability (#1,021 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D+, crime D.
• Lamar CISD (suburban): math 50% / reading 53% proficiency, ranked #116 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 232 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($2k loan paydown + $12k appreciation (4.2% local appreciation)).
• Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.2% appreciation + 3.0% rent growth), your $79k cash investment doubles in ~6 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 357 days — a 12% lower offer ($233k) is reasonable based on typical stale-listing flexibility.

Recommended offer $233,191 (12.0% 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 357 days. Have you received any prior offers? Is the seller open to a 12% 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. Crime grade is D 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?
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: 0.84% ✗
• Cap rate: 5.96%
• Cash-on-cash: -1.18%
• DSCR: 0.95
• GRM: 9.9

CMA / ARV

• ARV (median comp): $282,772
• List price: $264,990
• Delta: -6.29%
• 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
10710 Sage Bend Dr	0.49mi	3/2.0	1,595 (-1%)	1mo	$274,990	$172	76
1027 Rosewood Trl	0.53mi	3/2.0	1,620 (+1%)	3mo	$313,900	$194	71
1022 Whispering Winds Dr	0.52mi	3/2.0	1,613 (+1%)	5mo	$292,900	$182	71
10950 Tawny Ridge Dr	0.51mi	3/2.0	1,526 (-5%)	6mo	$259,990	$170	63
10735 Dogwood Sky Dr	0.43mi	4/2.0 (+1)	1,778 (+11%)	0mo	$289,990	$163	56
1031 Rosewood Trl	0.54mi	4/2.0 (+1)	1,778 (+11%)	3mo	$299,900	$169	49
10610 Autumn Trace Dr	0.63mi	3/2.0	1,819 (+13%)	6mo	$305,990	$168	43
10803 Hickory Ln	0.70mi	4/2.0 (+1)	1,778 (+11%)	2mo	$309,900	$174	43
10627 Summers Way	0.66mi	3/2.0	1,819 (+13%)	5mo	$303,990	$167	43
10639 Summers Way	0.63mi	3/2.0	1,819 (+13%)	7mo	$307,990	$169	42
1111 Whispering Winds Dr	0.53mi	4/2.0 (+1)	1,841 (+15%)	4mo	$338,900	$184	42
10615 Summers Way	0.70mi	3/2.0	1,819 (+13%)	5mo	$305,990	$168	41

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

Projected returns pro-forma

4.15% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 9.7%
• Equity multiple: 1.59×
• Total profit: $46,774
• Equity at exit: $145,910

10-year hold

• IRR: 11.5%
• Equity multiple: 2.93×
• Total profit: $152,837
• Equity at exit: $240,697

Cash invested: $79,176 (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 77417

• Home prices YoY: 1.2%
• Active inventory: 232
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $2,375 medium
• Mortgage (P&I): −$1,483
• Tax est. 1.5%: −$353 /mo · $4,242/yr
• Insurance: −$118
• HOA: −$0
• Vacancy / Maint / Mgmt: −$499
• Net cashflow: $-78

Break-even live

Break-even rent $2,474

Max offer price $271,496

Occupancy floor 98%

Sensitivity live

Price	-10% $117	-5% $20	+0% $-78	+5% $-176	+10% $-273
Rent	-10% $-266	-5% $-172	+0% $-78	+5% $16	+10% $110
Rate	-1.0pp $64	-0.5pp $-6	base $-78	+0.5pp $-151	+1.0pp $-226

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: $70,693
• Closing costs: $8,483
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10730 Sky Creek Ln Beasley, TX	3.0–4.0	2.0–2.5	1869	$2,375	$1.27	2d	1	0.05mi

Listing history 15 events

1. 2026-06-18
   days on market $264,990 Active 357 DOM
2. 2026-06-17
   days on market $264,990 Active 356 DOM
3. 2026-06-16
   days on market $264,990 Active 355 DOM
4. 2026-06-15
   days on market $264,990 Active 354 DOM
5. 2026-06-13
   days on market $264,990 Active 352 DOM
6. 2026-06-10
   days on market $264,990 Active 348 DOM
7. 2026-06-08
   days on market $264,990 Active 347 DOM
8. 2026-06-07
   days on market $264,990 Active 346 DOM
9. 2026-06-04
   days on market $264,990 Active 343 DOM
10. 2026-06-03
    days on market $264,990 Active 342 DOM
11. 2026-06-02
    days on market $264,990 Active 341 DOM
12. 2026-06-01
    days on market $264,990 Active 340 DOM
13. 2026-05-31
    days on market $264,990 Active 339 DOM
14. 2026-02-14
    price $264,990 1501-char remark

    Show marketing remark (1501 chars)

    The Comal floor plan is a well-designed, three-bedroom and two-bathroom home that has a ton of character. The exterior of the home is a beautiful brick structure, with the option to swap the brick for stone. Upon entry, you are greeted by the combined flex space and family room. The flex space allows for either a fourth bedroom, a private study, a formal dining area, a quaint game room, or anything your heart desires. The spacious kitchen/breakfast area and massive family room are perfect for entertaining gatherings of any size! On the right side of the home, you are met with the walk-in utility room with access to your two-car garage, along with the second and third bedrooms. Residing in the middle of the two bedrooms is the full secondary bathroom complete with a shower/bathtub enclosure, single vanity, and a linen closet. Facing the large family room is the extensive kitchen and breakfast area boasting sleek granite countertops, flat-panel birch cabinets, industry-leading appliances, and an undermount stainless steel sink with a ceramic tile backsplash. Do you wish to be able to relax in your backyard while being protected from the weather? Opt to include an exclusive covered patio! Next to the breakfast/kitchen combination area are two more linen closets, and the entry to your Master bedroom and bathroom with a huge walk-in closet. Retreat to your master bathroom that includes the option of double vanities, a shower/bathtub enclosure, and an additional linen closet. If. ..

15. 2025-06-26
    listed $269,990 Active 1501-char remark

    Show marketing remark (1501 chars)

    The Comal floor plan is a well-designed, three-bedroom and two-bathroom home that has a ton of character. The exterior of the home is a beautiful brick structure, with the option to swap the brick for stone. Upon entry, you are greeted by the combined flex space and family room. The flex space allows for either a fourth bedroom, a private study, a formal dining area, a quaint game room, or anything your heart desires. The spacious kitchen/breakfast area and massive family room are perfect for entertaining gatherings of any size! On the right side of the home, you are met with the walk-in utility room with access to your two-car garage, along with the second and third bedrooms. Residing in the middle of the two bedrooms is the full secondary bathroom complete with a shower/bathtub enclosure, single vanity, and a linen closet. Facing the large family room is the extensive kitchen and breakfast area boasting sleek granite countertops, flat-panel birch cabinets, industry-leading appliances, and an undermount stainless steel sink with a ceramic tile backsplash. Do you wish to be able to relax in your backyard while being protected from the weather? Opt to include an exclusive covered patio! Next to the breakfast/kitchen combination area are two more linen closets, and the entry to your Master bedroom and bathroom with a huge walk-in closet. Retreat to your master bathroom that includes the option of double vanities, a shower/bathtub enclosure, and an additional linen closet. If. ..

ⓘ 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: $28,500
• − Mortgage interest: −$15,840
• − Property taxes: −$4,242
• − Insurance: −$1,414
• − Repairs & maintenance: −$2,280
• − Management: −$2,280
• − Depreciation: −$8,226
• Taxable loss: −$5,781
• Est. tax savings @ 24.0%: +$1,387
• After-tax cash flow: $452/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 · 11 photos

Excellent 100/100 None rehab

This new construction home is move-in ready with no visible repairs or maintenance needed. It offers a modern design and high-end finishes, making it an excellent investment for both resale and rental markets.

Value-add opportunities

• Both Landscaping and curb appeal — Enhances curb appeal and resale value
• Both Interior paint — Fresh paint can make a home more inviting and increase both resale and rental value

Renovation cost estimate screening

Value-add ROI direction

• Both Landscaping and curb appeal — Enhances curb appeal and resale value ↑
• Both Interior paint — Fresh paint can make a home more inviting and increase both resale and rental value ↑

ⓘ 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: Lamar CISD
• NCES district ID: 4826580
• Math proficiency: 50% ▼ -12.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $75,213
• Composite: 46.43/100
• National rank: #2452
• State rank: #116 of 826 in TX

Livability — Kendleton

• Score: 61/100
• State rank: #1021
• US rank: #18149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,232

Population outlook (Fort Bend County) Hauer SSP2

• Today (2025): 1,004,526 people
• By 2030: 1,153,104 · +14.8%
• By 2040: 1,453,718 · +44.7%
• By 2050: 1,753,781 · +74.6%
• By 2075: 2,455,772 · +144.5%
• By 2100: 2,930,528 · +191.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (67%)
• Race & ethnicity: Hispanic / Latino 67% Two or more races 49% White 22% Black 8%
• Hispanic origin (detail): Mexican 54%
• Common ancestry: Italian 2% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 76% English-only · Spanish 24%

Political lean MEDSL · Fort Bend

• 2024 margin: Toss-up / Even · D 49.5% · R 47.9% · Other 2.6%
• 2008→2024 swing: +4.0pp toward D · 2008: -2.4pp · 2024: 1.6pp
• All cycles: 2024: D+1.6 2020: D+10.6 2016: D+6.6 2012: R+6.8 2008: R+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.15%
• Current HPI: 337.8236
• Rent YoY: —
• Metro: —
• 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

-1.9% since first listed

2 events — show timeline

• 2026-02-14 Price Changed $264,990 Zillow
• 2025-06-26 Listed $269,990 Zillow