Galveston Plan · Sienna, TX 77459

$438,995

3 bd · 2.0 ba · 2,232 sqft · SingleFamily · 51 Days on market

Good condition

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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 +11.1/30.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• Appreciation +4.2/10.0
• Condition / age +4.0/5.0
• 1% rule +3.2/10.0
• DSCR +3.2/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0

Listing remarks

Elegant contemporary elements. The Galveston's welcoming covered porch entry and inviting foyer hallway with tray ceilings reveal views to the bright casual dining area, spacious great room with tray ceiling, and desirable covered patio beyond. The well-designed gourmet kitchen is enhanced by a large center island with breakfast bar, plenty of counter and cabinet space, and generous walk-in pantry. The graceful primary bedroom suite is highlighted by a lovely tray ceiling, massive walk-in closet, and deluxe primary bath with dual-sink vanity, large soaking tub, luxe shower, and private water closet. Secondary bedrooms feature walk-in closets and shared hall bath. Additional highlights inclu

Key facts

• 2 garage spots
• Listed 50 days

Property features AI

Finance

• Financial info: List price: $438,995

Exterior

• Parking: 2 total parking spaces; 2-car garage
• Home design: Galveston plan (new construction)
• Exterior features: Living area of 2,232; Address: 1918 Crown Wood Dr, Missouri City, TX 77459

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms
• Interior features: Plan name: Galveston; Active new construction plan

🏗️ New construction. The $438,995 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $444,709.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $439k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-179 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $419k (4.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $366k (16.6% below list).
• Recommended offer: $366k (16.6% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 3.3% in Sienna — 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 D — affects rentability + tenant quality, not the cash-flow math above.
• 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: Heritage Rose El (math 29% / reading 28%, grade F, #2,706 of 4,322 statewide, top 63%, 1,209 students, 83% FRL); Billy Baines Middle (math 47% / reading 53%, grade C, #347 of 1,662 statewide, top 21%, 1,296 students, 37% FRL); Ridge Point H S (math 61% / reading 69%, grade B, #198 of 1,632 statewide, top 12%, 3,170 students, 31% FRL) — zoned schools average 50% FRL vs 35% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.1%/yr); 1229 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).
• This rent runs 34% of the median local income ($129k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-1.7%/yr); year-one equity from $3k of loan paydown is wiped out by about $7k 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

• It's been on market 51 days — a 3% lower offer ($426k) is reasonable based on typical stale-listing flexibility.

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 $366,304 (16.6% 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 51 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.82% ✗
• Cap rate: 5.81%
• Cash-on-cash: -1.73%
• DSCR: 0.92
• GRM: 10.1

CMA / ARV

• ARV (median comp): $444,709
• List price: $438,995
• Delta: -1.28%
• 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
10210 Water Harbor Dr	0.37mi	3/3.0	2,033 (-9%)	2mo	$344,900	$170	62
10502 William Park Dr	0.54mi	3/2.5	2,350 (+5%)	6mo	$420,000	$179	58
1303 Williard Rdg	0.69mi	3/2.0	2,232 (0%)	12mo	$519,290	$233	57
10311 Tranquil Lake Dr	0.26mi	4/3.0 (+1)	1,973 (-12%)	3mo	$392,844	$199	57
1515 Park Path Dr	0.49mi	3/2.5	2,068 (-7%)	9mo	$375,000	$181	56
2006 Laurelwood Trl	0.51mi	3/3.0	2,408 (+8%)	5mo	$399,900	$166	54
1523 Park Path Dr	0.48mi	3/2.5	2,072 (-7%)	12mo	$375,000	$181	54
1610 Country Air Ln	0.72mi	4/3.0 (+1)	2,388 (+7%)	0mo	$369,900	$155	45
10534 Emory Park	0.46mi	4/3.0 (+1)	2,538 (+14%)	7mo	$439,655	$173	41
1518 Country Air Ln	0.68mi	4/3.0 (+1)	2,388 (+7%)	10mo	$405,000	$170	40
10751 Kingston Spg	0.74mi	4/3.0 (+1)	2,472 (+11%)	1mo	$424,000	$172	38
10723 Kingston Spring Dr	0.69mi	4/3.0 (+1)	2,525 (+13%)	1mo	$449,000	$178	36

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

Projected returns pro-forma

-1.67% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -14.0%
• Equity multiple: 0.45×
• Total profit: $-68,830
• Equity at exit: $93,268

10-year hold

• IRR: -10.4%
• Equity multiple: 0.25×
• Total profit: $-92,923
• Equity at exit: $86,389

Cash invested: $124,519 (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 77459

• Home prices YoY: -0.8%
• Rents YoY: -0.1%
• Active inventory: 1229
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $3,663 medium
• Mortgage (P&I): −$2,332
• Tax est. 1.5%: −$556 /mo · $6,671/yr
• Insurance: −$185
• HOA: −$0
• Vacancy / Maint / Mgmt: −$769
• Net cashflow: $-179

Break-even live

Break-even rent $3,890

Max offer price $418,738

Occupancy floor 100%

Sensitivity live

Price	-10% $128	-5% $-26	+0% $-179	+5% $-333	+10% $-487
Rent	-10% $-469	-5% $-324	+0% $-179	+5% $-35	+10% $110
Rate	-1.0pp $44	-0.5pp $-66	base $-179	+0.5pp $-295	+1.0pp $-412

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: $111,177
• Closing costs: $13,341
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1714 Forest Mist Dr Missouri City, TX	3.0	3.0	1979	$3,000	$1.52	45d	1	0.27mi
8719 Fox Trail Dr Missouri City, TX	4.0	3.5	2143	$6,000	$2.80	24d	1	0.97mi
2142 Ironwood Pass Dr Missouri City, TX	4.0	3.0	2140	$6,000	$2.80	0d	1	1.02mi

Listing history 15 events

1. 2026-06-21
   days on market $438,995 Active 51 DOM
2. 2026-06-18
   days on market $438,995 Active 48 DOM
3. 2026-06-17
   days on market $438,995 Active 47 DOM
4. 2026-06-16
   days on market $438,995 Active 46 DOM
5. 2026-06-15
   days on market $438,995 Active 45 DOM
6. 2026-06-13
   days on market $438,995 Active 43 DOM
7. 2026-06-09
   days on market $438,995 Active 39 DOM
8. 2026-06-07
   days on market $438,995 Active 37 DOM
9. 2026-06-04
   days on market $438,995 Active 34 DOM
10. 2026-06-03
    days on market $438,995 Active 33 DOM
11. 2026-06-02
    days on market $438,995 Active 32 DOM
12. 2026-06-01
    days on market $438,995 Active 31 DOM
13. 2026-05-31
    days on market $438,995 Active 30 DOM
14. 2026-05-07
    price $438,995 799-char remark
15. 2026-05-01
    listed $458,995 Active 799-char remark

ⓘ 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 4/10 Moderate FEMA zone X · 24% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥111°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,956
• − Mortgage interest: −$24,911
• − Property taxes: −$6,671
• − Insurance: −$2,224
• − Repairs & maintenance: −$3,517
• − Management: −$3,517
• − Depreciation: −$12,937
• Taxable loss: −$9,818
• Est. tax savings @ 24.0%: +$2,356
• After-tax cash flow: $203/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

Good 80/100 None rehab

This home is in excellent condition with a good condition score of 80. It is move-in ready with no visible repairs or maintenance needed. The highest-ROI updates that would raise its resale or rental value include painting the exterior and interior walls, landscaping improvements, upgrading the kitchen appliances, and adding smart home features.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.
• Resale Upgrading the kitchen appliances — Modernizing the kitchen can increase the home's appeal to potential buyers.
• Resale Upgrading the bathrooms with modern fixtures — Modern bathrooms can increase the home's appeal to potential buyers.
• Both Adding smart home features — Smart home features can increase convenience and attract both buyers and tenants.
• Both Upgrading the HVAC system — A modern HVAC system can improve comfort and energy efficiency, attracting both buyers and tenants.
• Both Adding a smart security system — A smart security system can increase safety and attract both buyers and tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants. ↑
• Resale Upgrading the kitchen appliances — Modernizing the kitchen can increase the home's appeal to potential buyers. ↑
• Resale Upgrading the bathrooms with modern fixtures — Modern bathrooms can increase the home's appeal to potential buyers. ↑
• Both Adding smart home features — Smart home features can increase convenience and attract both buyers and tenants. ↑
• Both Upgrading the HVAC system — A modern HVAC system can improve comfort and energy efficiency, attracting both buyers and tenants. ↑
• Both Adding a smart security system — A smart security system can increase safety and attract both buyers and tenants. ↑

ⓘ 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: 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 — Sienna

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Sienna, TX
• County: Fort Bend County · 836,777 people
• City population: 123,513
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 84,221
• Household income: $129,151
• Rent vs Own: 14.8% rent · 85.2% own
• Severe rent burden: 1004.0

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: Highly diverse neighborhood (Simpson 0.75)
• Race & ethnicity: White 34% Black 26% Asian 22% Hispanic / Latino 13% Two or more races 10%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 2% Slovak 1% Italian 1%
• Foreign-born: 21% · Canada, China, Vietnam
• Languages at home: 73% English-only · Other Asian/Pacific 8% Spanish 7% Other Indo-European 5%

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: ▼ -1.67%
• Current HPI: 212.3573
• Rent YoY: ▼ -0.15%
• 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