4307 Reynor Creek Ct · Sugar Land, TX 77479

$375,000

4 bd · 3.0 ba · 2,631 sqft · SingleFamily public records · 14 Days on market

Built 1996 9,779 sqft lot $143/sqft · 10% above area Est $342k · 10% over $107/mo HOA · 3% of rent

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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 +19.1/30.0
• 1% rule +6.1/10.0
• DSCR +6.0/10.0
• Schools +4.5/10.0
• Livability +4.0/5.0
• ARV discount +3.1/15.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Peacefully situated on a quiet cul-de-sac within the tree lined streets of New Territory, discover the pride in homeownership in this beautiful home that offers the perfect blend of comfort and convenience. New carpet upstairs creates a clean, move-in ready feel, while beautiful energy-efficient double-paned windows provide an abundance of natural light throughout. The floor plan includes a spacious downstairs bedroom that can easily function as a private home office. Upstairs, enjoy a large game room and 3 ample bedrooms, including the primary retreat. Step outside to the oversized backyard with beautiful outdoor space featuring a mature shade tree to create your own outdoor escape! Locate

Key facts

• 9,779 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• Other: Association-managed pool
• HOA & community: Part of NTRCA association; Annual association fee; Community amenities include clubhouse, pool, fitness center, playground, tennis and pickleball courts, sport court, dog park, trails, picnic area, party/meeting room

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Residential property built in 1996; Ryland Homes builder; Slab foundation
• Construction: Brick construction; Composition roof
• Exterior features: Fully fenced yard; Pond on lot; Located on a cul-de-sac; Concrete road surface

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Disposal; Microwave; Kitchen open to family room
• Bedrooms: Primary bedroom on second level (approx. 17x13); Bedroom on first level (approx. 13x12); Bedroom on second level (approx. 11x11); Bedroom on second level (approx. 9x10)
• Flooring: Carpet; Laminate; Tile
• Bathrooms: 3 full bathrooms
• Heating & cooling: Central heating (gas); Central air (electric)
• Interior features: Crown molding; Double vanity; Jetted tub; Soaking tub; Separate shower; Kitchen/family room combo; Ceiling fans; Low emissivity windows; Gas and wood-burning fireplace (1)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $375k.

Deal economics

• At list price, monthly cash flow is $399 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $375k).
• Cap rate 7.6% vs local median 2.6% in Sugar Land — 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 80/100 on livability (#38 in TX, #1,758 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: cost of living D, commute F.
• Fort Bend ISD (suburban): math 44% / reading 53% proficiency, ranked #140 of 826 in TX (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Brazos Bend El (math 47% / reading 54%, grade D+, #833 of 4,322 statewide, top 20%, 739 students, 44% FRL); Sartartia Middle (math 69% / reading 71%, grade A, #58 of 1,662 statewide, top 4%, 1,440 students, 24% FRL) — zoned schools at 34% FRL track the district average.
• Market conditions: Rents flat; 570 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).
• This rent runs 32% of the median local income ($157k/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 $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 14 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $375,000

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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?
5. 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.
6. 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.
7. 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: 1.11% ✓
• Cap rate: 7.57%
• Cash-on-cash: 4.56%
• DSCR: 1.20
• GRM: 7.5

CMA / ARV

• ARV (median comp): $341,945
• List price: $375,000
• Delta: 9.67%
• 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
4415 Casey Cir	0.11mi	4/2.5	2,336 (-11%)	4mo	$388,000	$166	71
4007 Perry Knoll Ct	0.30mi	5/2.5 (+1)	2,510 (-5%)	2mo	$435,000	$173	69
918 Featherbrook Ct	0.23mi	4/2.5	2,251 (-14%)	2mo	$311,000	$138	61
542 Ivy Cross Ln	0.65mi	4/2.5	2,336 (-11%)	1mo	$445,000	$190	48
4211 W Meadows Dr	0.46mi	3/2.5 (-1)	2,286 (-13%)	3mo	$339,500	$149	47
126 Selkirk Dr	0.52mi	3/2.5 (-1)	2,286 (-13%)	0mo	$350,000	$153	47
4815 Knights Branch Dr	0.55mi	3/2.5 (-1)	2,281 (-13%)	0mo	$328,000	$144	45
139 Skycrest Dr	0.52mi	5/4.0 (+1)	2,333 (-11%)	4mo	$345,000	$148	45
102 Lindencrest Ct	0.64mi	4/2.5	2,273 (-14%)	1mo	$350,000	$154	45
4211 Margate Dr	0.55mi	3/2.5 (-1)	2,286 (-13%)	2mo	$365,000	$160	44
1110 Kerri Ct	0.62mi	4/2.5	2,265 (-14%)	4mo	$336,000	$148	42
546 Ivy Cross Ln	0.65mi	4/2.0	2,236 (-15%)	2mo	$365,000	$163	39

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 · 0.82% rent growth · sell at horizon

5-year hold

• IRR: -11.9%
• Equity multiple: 0.58×
• Total profit: $-44,056
• Equity at exit: $55,914

10-year hold

• IRR: -6.6%
• Equity multiple: 0.62×
• Total profit: $-39,803
• Equity at exit: $32,423

Cash invested: $105,000 (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 77479

• Home prices YoY: -34.9%
• Rents YoY: 0.8%
• Active inventory: 570
• Price-to-rent: 7.5×

Monthly cashflow live

• Estimated rent: $4,173 medium
• Mortgage (P&I): −$1,967
• Tax from tax record: −$668 /mo · $8,015/yr
• Insurance: −$156
• HOA: −$107
• Vacancy / Maint / Mgmt: −$876
• Net cashflow: $399

Break-even live

Break-even rent $3,668

Max offer price $375,000

Occupancy floor 85%

Sensitivity live

Price	-10% $611	-5% $505	+0% $399	+5% $293	+10% $187
Rent	-10% $69	-5% $234	+0% $399	+5% $564	+10% $729
Rate	-1.0pp $588	-0.5pp $494	base $399	+0.5pp $302	+1.0pp $203

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: $93,750
• Closing costs: $11,250
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4315 Trailwood Dr Sugar Land, TX	4.0	2.5	2250	$5,800	$2.58	14d	1	0.17mi
107 High Meadows Dr Sugar Land, TX	4.0	3.0	2619	$2,600	$0.99	45d	1	0.58mi

HOA detail

• Monthly dues: $107 · $1,284/yr

Listing history 4 events

1. 2026-05-18
   status Pending 999-char remark
2. 2026-05-07
   listed $375,000 Active 999-char remark
3. 2026-05-04
   historical $375,000 999-char remark
4. 2002-06-06
   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: $8,015 · $668/mo
• Projected year-2 tax: $8,015 · $668/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X · 24% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 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: $50,077
• − Mortgage interest: −$21,006
• − Property taxes: −$8,015
• − Insurance: −$1,875
• − Repairs & maintenance: −$4,006
• − Management: −$4,006
• − HOA: −$1,284
• − Depreciation: −$10,909
• Taxable loss: −$1,024
• Est. tax savings @ 24.0%: +$246
• After-tax cash flow: $5,035/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: Fort Bend ISD
• NCES district ID: 4819650
• Math proficiency: 44% ▼ -15.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $82,360
• Composite: 44.61/100
• National rank: #2779
• State rank: #140 of 826 in TX

Livability — Sugar Land

• Score: 80/100
• State rank: #38
• US rank: #1758

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Sugar Land, TX
• County: Fort Bend County · 836,777 people
• City population: 168,209
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 92,221
• Household income: $156,735
• Rent vs Own: 17.3% rent · 82.7% own
• Severe rent burden: 1207.0

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: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Asian 47% White 30% Hispanic / Latino 10% Black 8% Two or more races 8%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 2% Romanian 1% Slovak 1%
• Foreign-born: 42% · China, Canada, Vietnam
• Languages at home: 52% English-only · Other Indo-European 16% Chinese 13% Spanish 6%

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: ▼ -121.96%
• Current HPI: 227.7544
• Rent YoY: ▲ 0.82%
• 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

+0.0% since first listed

5 events — show timeline

• 2026-05-21 Pending — HARMLS
• 2026-05-18 Pending — HARMLS
• 2026-05-07 Listed $375,000 HARMLS
• 2026-05-04 Coming Soon $375,000 HARMLS
• 2002-06-06 Sold (Public Records) — Public Records

Property tax history

+3.8%/yr

Latest (2025): $8,015 · +14.0% YoY. Source: county tax records.