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2819 W Birchdale Dr
C- Composite 50.98
Why this score? — see what drove the C- 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 +13.3/30.0
  • ARV discount +11.5/15.0
  • Appreciation +4.7/10.0
  • 1% rule +4.5/10.0
  • Schools +4.5/10.0
  • DSCR +4.0/10.0
  • Livability +3.4/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0

$225,000

2819 W Birchdale Dr · Missouri City, TX 77489
3 bd · 2.0 ba · 1,652 sqft · SingleFamily public records · 19 Days on market
Built 1974 10,297 sqft lot $136/sqft · 9% below area Est $247k · 9% under $15/mo HOA · 1% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

House has recent updates.

Key facts

  • 0.24 acre lot
  • 2 garage spots
  • Community pool

Property features AI

Finance

  • HOA & community: Association: Randall Management; Annual association fee of $175; Community clubhouse and pool

Exterior

  • Parking: Attached garage (2 spaces)
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Single-story (all main rooms on first level); Entry level: First; Facing direction: Not specified
  • Construction: Brick construction; Built in 1974; Composition roof; Slab foundation
  • Exterior features: Subdivision lot; Concrete road frontage; Association pool

Interior

  • Kitchen: Dishwasher; Electric range; Garbage disposal
  • Bedrooms: Primary bedroom on first level (17 x 13); Two additional bedrooms on first level (13 x 10 each); Additional bedroom on first level (13 x 10)
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: Wood-burning fireplace (1)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $225k.

Deal economics

  • At list price, monthly cash flow is $1 ($9/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $214k (5.0% below list).
  • Recommended offer: $214k (5.0% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% vs local median 3.5% in Missouri City — 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 67/100 on livability (#526 in TX) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, employment A; Watch: amenities F, commute F, health & safety 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: Lantern Lane El (math 17% / reading 37%, grade F, #2,791 of 4,322 statewide, top 68%, 472 students, 77% FRL); Quail Valley Middle (math 55% / reading 57%, grade B-, #234 of 1,662 statewide, top 14%, 1,043 students, 45% FRL) — zoned schools average 61% FRL vs 35% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents flat; 186 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).
  • This rent runs 34% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • In year one you build about $316 of equity ($2k loan paydown + $-1k appreciation (-0.6% local appreciation)).
  • Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 19 days — a 2% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
  • 2 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.

Risks & watch-outs

  • Climate carrying-cost: major flood risk; 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 $213,655 (5.0% below list)

Questions for the listing agent

  1. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-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?
  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
0.95%
Cap rate
6.30%
Cash-on-cash
0.01%
DSCR
1.00
GRM
8.8

CMA / ARV

ARV (median comp)
$247,169
List price
$225,000
Delta
-8.97%
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
2307 Clearbrook Dr 0.04mi 3/2.0 1,474 (-11%) 0mo $247,990 $168 80
2239 Fall Meadow Dr 0.22mi 3/2.0 1,528 (-8%) 0mo $224,900 $147 77
3290 Hunters Glen Dr 0.43mi 3/2.0 1,676 (+2%) 1mo $210,000 $125 76
2254 Stillmeadow Dr 0.19mi 3/2.0 1,528 (-8%) 3mo $265,000 $173 76
2126 Quail Valley East Dr 0.29mi 3/2.0 1,536 (-7%) 1mo $249,900 $163 74
2119 Mustang Springs Dr 0.23mi 3/2.0 1,528 (-8%) 4mo $245,000 $160 73
2230 Quail Valley East Dr 0.25mi 3/2.0 1,838 (+11%) 2mo $224,900 $122 68
2015 Quail Valley East Dr 0.40mi 3/2.0 1,528 (-8%) 4mo $225,000 $147 66
1731 Gray Hawk Dr 0.61mi 3/2.0 1,740 (+5%) 3mo $310,000 $178 60
3502 Quail Meadow Dr 0.66mi 3/2.5 1,740 (+5%) 2mo $249,000 $143 56
2610 Creekway Cir 0.69mi 3/2.0 1,576 (-5%) 4mo $219,900 $140 56
3019 Quail Valley East Dr 0.36mi 4/2.0 (+1) 1,868 (+13%) 4mo $264,900 $142 53

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

Projected returns pro-forma

-0.55% appreciation · 0.34% rent growth · sell at horizon

5-year hold
IRR
-6.4%
Equity multiple
0.72×
Total profit
$-17,756
Equity at exit
$59,201
10-year hold
IRR
-2.3%
Equity multiple
0.79×
Total profit
$-13,446
Equity at exit
$66,437

Cash invested: $63,000 (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.

ZIP-level market 77489

Home prices YoY
-0.2%
Rents YoY
0.3%
Active inventory
186
Price-to-rent
8.8×

Monthly cashflow live

Estimated rent
$2,137 high interval (Pro) →
Mortgage (P&I)
$1,180
Tax from tax record
$398 /mo · $4,782/yr
Insurance
$94
HOA
$15
Vacancy / Maint / Mgmt
$449
Net cashflow
$1

Break-even live

Break-even rent $2,136
Max offer price $225,000
Occupancy floor 95%

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
$56,250
Closing costs
$6,750
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 9 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1919 Doliver Cir Missouri City, TX 3.0 2.0 1515 $2,000 $1.32 43d 1 0.40mi
3618 Quail Meadow Dr Missouri City, TX 3.0 2.0 1618 $1,966 $1.22 43d 1 0.75mi
17318 Edgehaven Dr Missouri City, TX 3.0 2.0 1448 $1,695 $1.17 20d 1 1.17mi
2026 Summer Place Dr Missouri City, TX 3.0 2.0 1837 $1,861 $1.01 20d 1 1.17mi
3327 Shady Glen Ln Missouri City, TX 4.0 2.5 2232 $2,250 $1.01 12d 1 1.18mi
1806 Courtside Place Dr Missouri City, TX 4.0 2.5 1974 $1,915 $0.97 12d 1 1.24mi
3912 Cedar Valley Dr Missouri City, TX 3.0 2.0 2151 $2,200 $1.02 20d 1 1.30mi
2120 Bermuda Dunes Dr Missouri City, TX 3.0 2.5 2100 $2,200 $1.05 24d 1 1.30mi
22 Chapparal Ct Missouri City, TX 3.0 2.0 1504 $2,000 $1.33 43d 1 1.39mi

HOA detail

Monthly dues
$15 · $180/yr

Listing history 8 events

  1. 2026-06-01
    days on market $225,000 Pending 19 DOM
  2. 2026-05-31
    days on market $225,000 Pending 18 DOM
  3. 2026-05-13
    listed $225,000 Active 25-char remark
  4. 2025-03-17
    historical $1,850
  5. 2025-03-15
    listed $1,850
  6. 2020-06-30
    soldstatus
  7. 2013-04-15
    soldstatus
  8. 2013-04-11
    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
$4,782 · $398/mo
Projected year-2 tax
$4,782 · $398/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 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
  • 🔥 Wildfire 2/10 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 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,639
− Mortgage interest
−$12,603
− Property taxes
−$4,782
− Insurance
−$1,125
− Repairs & maintenance
−$2,051
− Management
−$2,051
− HOA
−$180
− Depreciation
−$6,545
Taxable loss
−$3,699
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$888
After-tax cash flow
$897/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 — Missouri City

Score
67/100
State rank
#526
US rank
#10308

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Missouri City, TX
County
Fort Bend County · 836,777 people
City population
123,513
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
39,292
Household income
$74,689
Rent vs Own
22.9% rent · 77.1% own
Severe rent burden
1121.0

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
Majority Black (60%)
Race & ethnicity
Black 60% Hispanic / Latino 29% Two or more races 13% White 4% Asian 3%
Hispanic origin (detail)
Mexican 17%
Foreign-born
16% · Canada, Vietnam
Languages at home
73% English-only · Spanish 22% Vietnamese 1% Other Asian/Pacific 1%

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
▼ -0.55%
Current HPI
288.1306
Rent YoY
▲ 0.34%
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

Price history

+12062.2% since first listed
8 events — show timeline
  • 2026-06-01 Pending HARMLS
  • 2026-05-24 Pending HARMLS
  • 2026-05-13 Listed $225,000 HARMLS
  • 2025-03-17 Rental Removed $1,850 HARMLS
  • 2025-03-15 Listed for Rent $1,850 HARMLS
  • 2020-06-30 Sold (Public Records) Public Records
  • 2013-04-15 Sold (Public Records) Public Records
  • 2013-04-11 Sold (Public Records) Public Records

Property tax history

+4.9%/yr

Latest (2025): $4,782 · -4.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…