2819 W Birchdale Dr · Missouri City, TX
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.74%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 23 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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
- 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
- IRR
- -6.4%
- Equity multiple
- 0.72×
- Total profit
- $-17,756
- Equity at exit
- $59,201
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-01days on market $225,000 Pending 19 DOM
-
2026-05-31days on market $225,000 Pending 18 DOM
-
2026-05-13$225,000 Active 25-char remark
-
2025-03-17historical $1,850
-
2025-03-15$1,850
-
2020-06-30soldstatus
-
2013-04-15soldstatus
-
2013-04-11soldstatus
ⓘ 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+12062.2% since first listed8 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%/yrLatest (2025): $4,782 · -4.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…