14687 Canyon Pines Ln · New Caney, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 8/10 · Major
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B 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 +28.0/30.0
- ARV discount +15.0/15.0
- DSCR +9.9/10.0
- 1% rule +8.2/10.0
- Schools +2.9/10.0
- Rent growth +2.6/5.0
- Livability +2.5/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$145,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Fresh, functional, and ready to make a move—this 3-bedroom, 2-bath New Caney home brings the right mix of comfort and convenience. Enjoy natural light, an open layout, island kitchen, backyard space, and a 2-car attached garage. Located in Harrington Trails with community pool, splash pad, playground, walking trails, and access near Valley Ranch, Grand Parkway, Hwy 59, Big Rivers, and Lake Houston Wilderness Park.
Key facts
- Community pool
- Island kitchen
- Splash pad
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $145k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $451 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $145k).
- Recommended offer: $132k (9.0% below list) — sets the bar for market timing.
- Cap rate 10.0% vs local median 4.7% in New Caney — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
- Splendora ISD (rural): math 25% / reading 31% proficiency, ranked #648 of 826 in TX (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Timber Lakes El (math 23% / reading 22%, grade F, #3,311 of 4,322 statewide, top 77%, 860 students, 63% FRL); Splendora J H (math 28% / reading 42%, grade F, #842 of 1,662 statewide, top 51%, 774 students, 62% FRL); Splendora H S (math 18% / reading 38%, grade F, #1,170 of 1,632 statewide, top 72%, 1,344 students, 59% FRL).
- Market conditions: Rents flat; 1516 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 75d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).
- This rent runs 30% of the median local income ($76k/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 $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 91 days — a 9% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
- 10 sale attempts since 4y ago; this cycle's ask has dropped $30k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: 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.
Questions for the listing agent
- It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.32% ✓
- Cap rate
- 10.03%
- Cash-on-cash
- 13.33%
- DSCR
- 1.59
- GRM
- 6.3
CMA / ARV
- ARV (median comp)
- $249,518
- List price
- $145,000
- Delta
- -41.89%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 14950 Cypress Hollow Dr | 0.15mi | 3/2.0 | 1,585 (0%) | 0mo | $160,000 | $101 | 92 |
| 14784 Hazel Branch Dr | 0.09mi | 3/2.0 | 1,560 (-2%) | 2mo | $215,000 | $138 | 91 |
| 14729 Hazel Branch Dr | 0.13mi | 3/2.0 | 1,560 (-2%) | 3mo | $249,900 | $160 | 89 |
| 21054 Wenze Ln | 0.10mi | 3/2.0 | 1,760 (+11%) | 4mo | $240,000 | $136 | 74 |
| 14322 Moonflower Dr | 0.53mi | 3/2.0 | 1,573 (-1%) | 3mo | $264,990 | $168 | 72 |
| 21714 Piper Betel Rd | 0.56mi | 3/2.0 | 1,476 (-7%) | 1mo | $239,990 | $163 | 62 |
| 21626 Jasmine Star Dr | 0.45mi | 4/2.0 (+1) | 1,689 (+7%) | 3mo | $249,990 | $148 | 61 |
| 21151 Waze Lewis Dr | 0.53mi | 3/2.0 | 1,444 (-9%) | 0mo | $200,000 | $139 | 60 |
| 14278 Moonflower Dr | 0.62mi | 3/2.0 | 1,489 (-6%) | 3mo | $263,590 | $177 | 58 |
| 21710 Piper Betel Rd | 0.55mi | 3/2.0 | 1,415 (-11%) | 3mo | $244,990 | $173 | 54 |
| 14310 Moonflower Dr | 0.55mi | 4/2.0 (+1) | 1,750 (+10%) | 4mo | $274,590 | $157 | 49 |
| 21718 Piper Betel Rd | 0.56mi | 4/2.0 (+1) | 1,750 (+10%) | 4mo | $279,990 | $160 | 48 |
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 · 0.21% rent growth · sell at horizon
- IRR
- 0.0%
- Equity multiple
- 1.00×
- Total profit
- $59
- Equity at exit
- $21,620
- IRR
- 6.4%
- Equity multiple
- 1.42×
- Total profit
- $16,980
- Equity at exit
- $12,537
Cash invested: $40,600 (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
Active competition Active MLS
- For sale now
- 172 active · 94 under contract
- Months of supply
- 16.6 mo (6%/mo absorbed)
- Median asking
- $243,900 ($145/sqft)
- Median days on market
- 95 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +8.6% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 77357
- Home prices YoY
- -24.7%
- Rents YoY
- 0.2%
- Active inventory
- 1516
- Price-to-rent
- 6.3×
Monthly cashflow live
- Estimated rent
- $1,919 high interval (Pro) →
- Mortgage (P&I)
- −$760
- Tax est. 1.5%
- −$181 /mo · $2,175/yr
- Insurance
- −$60
- HOA
- −$63
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$403
- Net cashflow
- $451
Break-even live
Sensitivity live
| Price | -10% $551 | -5% $501 | +0% $451 | +5% $401 | +10% $351 |
|---|---|---|---|---|---|
| Rent | -10% $299 | -5% $375 | +0% $451 | +5% $527 | +10% $603 |
| Rate | -1.0pp $524 | -0.5pp $488 | base $451 | +0.5pp $414 | +1.0pp $375 |
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
- $36,250
- Closing costs
- $4,350
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 13 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 15127 Willow Tree Ln New Caney, TX | 3.0 | 2.0 | 1760 | $2,200 | $1.25 | 90d | 1 | 0.13mi |
| 14939 Cypress Hollow Dr New Caney, TX | 3.0 | 2.0 | 1451 | $1,625 | $1.12 | 3d | 1 | 0.16mi |
| 15171 Willow Tree Ln New Caney, TX | 3.0 | 2.0 | 1545 | $1,650 | $1.07 | 107d | 1 | 0.23mi |
| 14255 Timber Fields Way Splendora, TX | 3.0–4.0 | 2.0–2.5 | 1797 | $1,649 | $0.92 | 7d | 55 | 0.29mi |
| 15019 Ashton Meadows Dr New Caney, TX | 3.0 | 2.0 | 1501 | $1,790 | $1.19 | 165d | 1 | 0.32mi |
| 21500 Rustic Elm Dr New Caney, TX | 4.0 | 3.0 | 2173 | $1,925 | $0.89 | 74d | 1 | 0.36mi |
| 21501 Rustic Elm Dr New Caney, TX | 4.0 | 2.0 | 1774 | $1,825 | $1.03 | 76d | 1 | 0.37mi |
| 21655 Cottage Ln New Caney, TX | 4.0 | 2.5 | 2095 | $2,900 | $1.38 | 41d | 1 | 0.56mi |
| 15815 Kropik Rd Conroe, TX | 2.0 | 2.0 | 1484 | $1,495 | $1.01 | 10d | 1 | 0.83mi |
| 15815 Kropik Rd Conroe, TX | 2.0 | 2.0 | 1484 | $1,495 | $1.01 | 90d | 1 | 0.83mi |
| 14373 Twin Lakes Cir Conroe, TX | 3.0 | 2.0 | 1900 | $1,400 | $0.74 | 184d | 1 | 0.84mi |
| 14367 Twin Lakes Cir Conroe, TX | 3.0 | 2.0 | 1536 | $1,375 | $0.90 | 23d | 1 | 0.87mi |
| 14367 Twin Lakes Cir Conroe, TX | 3.0 | 2.0 | 1536 | $1,375 | $0.90 | 10d | 1 | 0.87mi |
Property features AI
Finance
- HOA & community
- Harrington Trails Residential association (annual fee of $750)
Exterior
- Parking
- Attached garage with 2 parking spaces
- Utilities
- Public waterPublic sewer
- Home design
- Residential propertyFull ownershipSlab foundationBuilt in 2022Composition roof
- Construction
- Brick construction
- Exterior features
- DeckPatioFence (back yard)Private yardSubdivision lot
Interior
- Kitchen
- Microwave
- Bedrooms
- Primary bedroom on the first floor (approx. 12 x 16)Two additional first-floor bedrooms (approx. 10 x 12)One first-floor bedroom (approx. 10 x 12)
- Flooring
- CarpetLaminate
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric)Central air (electric)
- Interior features
- Kitchen islandTub with showerKitchen/dining combo
- Laundry & utility
- Washer hookupElectric dryer hookup
HOA detail $63/mo · $756/yr
- Likely covers
- pool
Listing history 50 events
-
2026-11-08days on market $145,000 Active 91 DOM
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2026-11-07days on market $145,000 Active 90 DOM
-
2026-11-06days on market $145,000 Active 89 DOM
-
2026-11-05days on market $145,000 Active 88 DOM
-
2026-11-04days on market $145,000 Active 87 DOM
-
2026-11-02days on market $145,000 Active 85 DOM
-
2026-11-01days on market $145,000 Active 84 DOM
-
2026-10-31days on market $145,000 Active 83 DOM
-
2026-10-30days on market $145,000 Active 82 DOM
-
2026-10-29days on market $145,000 Active 81 DOM
-
2026-10-28days on market $145,000 Active 80 DOM
-
2026-10-27days on market $145,000 Active 79 DOM
-
2026-10-26days on market $145,000 Active 78 DOM
-
2026-10-26days on market $145,000 Active 77 DOM
-
2026-10-24days on market $145,000 Active 76 DOM
-
2026-10-23days on market $145,000 Active 75 DOM
-
2026-10-23price $145,000 Active 74 DOM
-
2026-10-22days on market $165,000 Active 74 DOM
-
2026-10-21days on market $165,000 Active 73 DOM
-
2026-10-20days on market $165,000 Active 72 DOM
-
2026-10-19days on market $165,000 Active 71 DOM
-
2026-10-18days on market $165,000 Active 70 DOM
-
2026-10-17days on market $165,000 Active 69 DOM
-
2026-10-16days on market $165,000 Active 68 DOM
-
2026-10-15days on market $165,000 Active 67 DOM
-
2026-10-14days on market $165,000 Active 66 DOM
-
2026-10-13days on market $165,000 Active 65 DOM
-
2026-10-12days on market $165,000 Active 64 DOM
-
2026-10-11days on market $165,000 Active 63 DOM
-
2026-10-10statusdays on market $165,000 Active 62 DOM
-
2026-07-01status $165,000 Pending 61 DOM
-
2026-07-01days on market $165,000 Active 61 DOM
-
2026-06-30days on market $165,000 Active 60 DOM
-
2026-06-29days on market $165,000 Active 59 DOM
-
2026-06-28days on market $165,000 Active 58 DOM
-
2026-06-27days on market $165,000 Active 57 DOM
-
2026-06-26days on market $165,000 Active 56 DOM
-
2026-06-24days on market $165,000 Active 54 DOM
-
2026-06-22days on market $165,000 Active 52 DOM
-
2026-06-21days on market $165,000 Active 51 DOM
-
2026-06-18days on market $165,000 Active 48 DOM
-
2026-06-17days on market $165,000 Active 47 DOM
-
2026-06-16days on market $165,000 Active 46 DOM
-
2026-06-15days on market $165,000 Active 45 DOM
-
2026-06-13days on market $165,000 Active 43 DOM
-
2026-06-13days on market $165,000 Active 42 DOM
-
2026-06-09days on market $165,000 Active 39 DOM
-
2026-06-08days on market $165,000 Active 38 DOM
-
2026-06-07days on market $165,000 Active 37 DOM
-
2026-06-04days on market $165,000 Active 34 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% 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 8/10 Severe 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $23,030
- − Mortgage interest
- −$8,122
- − Property taxes
- −$2,175
- − Insurance
- −$725
- − Repairs & maintenance
- −$1,842
- − Management
- −$1,842
- − HOA
- −$756
- − Depreciation
- −$4,218
- Taxable income
- $3,349
- Est. tax owed @ 24.0%
- −$804
- After-tax cash flow
- $4,609/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 · 12 photos
This 3-bedroom, 2-bath home is in fair condition with good systems and flooring. Minor repairs and maintenance are needed, but it's move-in ready with good curb appeal.
Repairs flagged
- Minor landscaping — some patches of grass need trimming
- Minor fence — slight wear
Value-add opportunities
- Resale paint exterior — enhances curb appeal ↑
- Rental landscaping — improves curb appeal ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Splendora ISD
- NCES district ID
- 4841070
- Math proficiency
- 25% ▼ -8.00%
- Reading proficiency
- 31% ▼ -1.00%
- Median HH income
- $54,166
- Composite
- 24.92/100
- National rank
- #7572
- State rank
- #648 of 826 in TX
Livability — New Caney
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- County
- Montgomery County · 713,896 people
- City population
- 37,592
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 37,592
- Household income
- $76,050
- Rent vs Own
- Severe rent burden
- 21% of renters
Population outlook (Montgomery County) Hauer SSP2
- Today (2025)
- 713,896 people
- By 2030
- 805,263 · +12.8%
- By 2040
- 992,708 · +39.1%
- By 2050
- 1,179,590 · +65.2%
- By 2075
- 1,628,084 · +128.1%
- By 2100
- 1,937,880 · +171.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- Hispanic / Latino 49% White 45% Two or more races 31% Black 3%
- Hispanic origin (detail)
- Mexican 40%
- Languages at home
- 58% English-only · Spanish 40% Other Indo-European 1%
Political lean MEDSL · Montgomery
- 2024 margin
- Solid R (+45.5) · D 26.8% · R 72.3%
- 2008→2024 swing
- +7.2pp toward D · 2008: -52.7pp · 2024: -45.5pp
- All cycles
- 2024: R+45.5 2020: R+43.8 2016: R+51.4 2012: R+60.7 2008: R+52.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -87.71%
- Current HPI
- 266.8315
- Rent YoY
- ▲ 0.21%
- 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
-35.1% since first listed25 events — show timeline
- 2026-06-03 Price Changed $165,000 HARMLS
- 2026-05-01 Listed $175,000 HARMLS
- 2024-11-25 Listing Removed — HARMLS
- 2024-11-19 Rental Removed $1,850 RENTSPREE
- 2024-11-13 Listed for Rent $1,850 RENTSPREE
- 2024-11-06 Rental Removed $1,850 RENTSPREE
- 2024-10-25 Listed for Rent $1,850 RENTSPREE
- 2024-10-25 Rental Removed $1,850 HARMLS
- 2024-10-23 Rental Removed $1,850 HARMLS
- 2024-10-23 Listed for Rent $1,850 HARMLS
- 2024-10-22 Listing Removed — HARMLS
- 2024-10-22 Listed $255,000 HARMLS
- 2024-09-27 Listed for Rent $1,850 HARMLS
- 2024-08-28 Listing Removed — HARMLS
- 2024-08-28 Listed $255,000 HARMLS
- 2024-08-23 Price Changed $255,000 HARMLS
- 2024-08-15 Price Changed $264,000 HARMLS
- 2024-08-08 Listed $269,000 HARMLS
- 2024-08-02 Coming Soon — HARMLS
- 2024-07-17 Listing Removed — HARMLS
- 2024-06-29 Listed $250,000 HARMLS
- 2022-11-14 Sold (MLS) — HARMLS
- 2022-10-11 Pending — HARMLS
- 2022-10-01 Price Changed $244,990 HARMLS
- 2022-08-25 Listed $254,390 HARMLS
Property tax history
+99.6%/yrLatest (2025): $7,614 · -3.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…