Victoria Plan · Kendleton, TX 77417

$299,900

4 bd · 2.0 ba · 1,778 sqft · SingleFamily · 528 Days on market

Excellent condition ↓ 12% since listing

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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 +18.9/30.0
• ARV discount +7.5/15.0
• Appreciation +7.1/10.0
• DSCR +6.0/10.0
• 1% rule +5.1/10.0
• Condition / age +4.8/5.0
• Schools +4.6/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

Key facts

• Walk-in closet
• Granite countertops
• Wood cabinetry

Tags

• GRANITE COUNTERTOPS
• WOOD CABINETRY
• PRIVATE MASTER RETREAT
• LUXURIOUS BATHROOM
• WALK-IN CLOSET

🏗️ New construction. The $299,900 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $294,837.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $300k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $305 ($4k/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 $296k (1.1% below list).
• Recommended offer: $264k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 6.2% in Kendleton — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 61/100 on livability (#1,021 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D+, crime D.
• Lamar CISD (suburban): math 50% / reading 53% proficiency, ranked #116 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 232 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($2k loan paydown + $12k appreciation (4.2% local appreciation)).
• Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.2% appreciation + 3.0% rent growth), your $83k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 528 days — a 12% lower offer ($264k) 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $263,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 528 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.01% ✓
• Cap rate: 7.53%
• Cash-on-cash: 4.43%
• DSCR: 1.20
• GRM: 8.3

CMA / ARV

• ARV (median comp): $294,837
• List price: $299,900
• Delta: 1.72%
• 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
10735 Dogwood Sky Dr	0.39mi	4/2.0	1,778 (0%)	0mo	$289,990	$163	81
719 Mockingbird Psge	0.22mi	3/2.0 (-1)	1,863 (+5%)	2mo	$335,490	$180	75
1031 Rosewood Trl	0.50mi	4/2.0	1,778 (0%)	3mo	$299,900	$169	74
1111 Whispering Winds Dr	0.50mi	4/2.0	1,841 (+4%)	4mo	$338,900	$184	68
10803 Hickory Ln	0.67mi	4/2.0	1,778 (0%)	2mo	$309,900	$174	68
10627 Summers Way	0.62mi	3/2.0 (-1)	1,819 (+2%)	5mo	$303,990	$167	58
723 Blue Sky Pl	0.56mi	4/2.0	1,922 (+8%)	5mo	$314,990	$164	56
10710 Sage Bend Dr	0.45mi	3/2.0 (-1)	1,595 (-10%)	1mo	$274,990	$172	56
10615 Summers Way	0.66mi	3/2.0 (-1)	1,819 (+2%)	5mo	$305,990	$168	56
1027 Rosewood Trl	0.49mi	3/2.0 (-1)	1,620 (-9%)	3mo	$313,900	$194	54
10606 Crimson Trce	0.74mi	3/2.0 (-1)	1,826 (+3%)	2mo	$265,000	$145	54
1022 Whispering Winds Dr	0.48mi	3/2.0 (-1)	1,613 (-9%)	5mo	$292,900	$182	53

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

Projected returns pro-forma

4.15% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.6%
• Equity multiple: 1.89×
• Total profit: $73,365
• Equity at exit: $152,135

10-year hold

• IRR: 15.7%
• Equity multiple: 3.57×
• Total profit: $212,465
• Equity at exit: $250,966

Cash invested: $82,554 (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 77417

• Home prices YoY: 1.2%
• Active inventory: 232
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $2,965 medium
• Mortgage (P&I): −$1,546
• Tax est. 1.5%: −$369 /mo · $4,423/yr
• Insurance: −$123
• HOA: −$0
• Vacancy / Maint / Mgmt: −$623
• Net cashflow: $305

Break-even live

Break-even rent $2,579

Max offer price $294,837

Occupancy floor 85%

Sensitivity live

Price	-10% $509	-5% $407	+0% $305	+5% $203	+10% $101
Rent	-10% $71	-5% $188	+0% $305	+5% $422	+10% $539
Rate	-1.0pp $453	-0.5pp $380	base $305	+0.5pp $228	+1.0pp $151

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: $73,709
• Closing costs: $8,845
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10730 Sky Creek Ln Beasley, TX	3.0–4.0	2.0–2.5	1869	$2,965	$1.59	2d	1	0.10mi

Listing history 21 events

1. 2026-06-18
   days on market $299,900 Active 528 DOM
2. 2026-06-17
   days on market $299,900 Active 527 DOM
3. 2026-06-16
   days on market $299,900 Active 526 DOM
4. 2026-06-15
   days on market $299,900 Active 525 DOM
5. 2026-06-13
   days on market $299,900 Active 523 DOM
6. 2026-06-10
   days on market $299,900 Active 519 DOM
7. 2026-06-08
   days on market $299,900 Active 518 DOM
8. 2026-06-07
   days on market $299,900 Active 517 DOM
9. 2026-06-04
   days on market $299,900 Active 514 DOM
10. 2026-06-03
    days on market $299,900 Active 513 DOM
11. 2026-06-02
    days on market $299,900 Active 512 DOM
12. 2026-06-01
    days on market $299,900 Active 511 DOM
13. 2026-05-31
    days on market $299,900 Active 510 DOM
14. 2026-02-24
    price $299,900 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

15. 2026-01-06
    price $323,900 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

16. 2025-10-04
    price $303,900 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

17. 2025-08-29
    price $319,900 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

18. 2025-07-01
    price $333,900 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

19. 2025-05-09
    price $329,900 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

20. 2025-04-01
    price $345,900 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

21. 2025-01-07
    listed $341,900 Active 742-char remark

    Show marketing remark (742 chars)

    The one-story Victoria plan by LGI Homes features four large bedrooms, two bathrooms and includes a variety of amazing upgrades. Features include energy-efficient kitchen appliances, gorgeous granite countertops and stunning wood cabinetry all included at no extra costs to you! The private master retreat found in the Victoria plan is sure to exceed all your expectations. Located off a hallway this retreat includes a luxurious bathroom and an exceptional walk-in closet will fit a wardrobe of any size. Each bedroom is off a hallway, adding a sense of privacy and peacefulness to every room. This added privacy allows for quiet and relaxing environment for everyone to unwind and no nap time interruptions! Everyone will love this feature.

ⓘ 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 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 22 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 · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,580
• − Mortgage interest: −$16,515
• − Property taxes: −$4,423
• − Insurance: −$1,474
• − Repairs & maintenance: −$2,846
• − Management: −$2,846
• − Depreciation: −$8,577
• Taxable loss: −$1,102
• Est. tax savings @ 24.0%: +$265
• After-tax cash flow: $3,922/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 · 1 photo

Excellent 95/100 None rehab

This single-family home in Kendleton, TX, is in excellent condition with no visible repairs needed. It offers a good investment opportunity with potential for both resale and rental value through minor updates.

Value-add opportunities

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
• Both Landscaping improvements — Enhances curb appeal and adds value
• Rental HVAC maintenance — Ensures comfort and reduces utility costs

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
• Both Landscaping improvements — Enhances curb appeal and adds value ↑
• Rental HVAC maintenance — Ensures comfort and reduces utility costs ↑

ⓘ 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: Lamar CISD
• NCES district ID: 4826580
• Math proficiency: 50% ▼ -12.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $75,213
• Composite: 46.43/100
• National rank: #2452
• State rank: #116 of 826 in TX

Livability — Kendleton

• Score: 61/100
• State rank: #1021
• US rank: #18149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,232

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: Predominantly Hispanic (67%)
• Race & ethnicity: Hispanic / Latino 67% Two or more races 49% White 22% Black 8%
• Hispanic origin (detail): Mexican 54%
• Common ancestry: Italian 2% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 76% English-only · Spanish 24%

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: ▲ 4.15%
• Current HPI: 337.8236
• Rent YoY: —
• Metro: —
• 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

-12.3% since first listed

8 events — show timeline

• 2026-02-24 Price Changed $299,900 Zillow
• 2026-01-06 Price Changed $323,900 Zillow
• 2025-10-04 Price Changed $303,900 Zillow
• 2025-08-29 Price Changed $319,900 Zillow
• 2025-07-01 Price Changed $333,900 Zillow
• 2025-05-09 Price Changed $329,900 Zillow
• 2025-04-01 Price Changed $345,900 Zillow
• 2025-01-07 Listed $341,900 Zillow