CashFlowRE
Sign in Sign up
3033 Helios Haven Dr
D Composite 40.91
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).

  • ARV discount +15.0/15.0
  • Cash flow +8.2/30.0
  • Condition / age +4.8/5.0
  • 1% rule +3.2/10.0
  • Livability +3.1/5.0
  • DSCR +2.2/10.0
  • Rent growth +2.2/5.0
  • Schools +2.2/10.0
  • Appreciation +0.0/10.0

$309,990

3033 Helios Haven Dr · Brookshire, TX 77423
6 bd · 2.5 ba · 2,408 sqft · SingleFamily · 191 Days on market
Built 2026 Excellent condition 6,420 sqft lot $129/sqft · 19% below area Est $381k · 19% under $144/mo HOA · 6% of rent ↓ 3% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The Dallas floor plan offers a spacious two-story design with 2,477 square feet of thoughtfully crafted living space, featuring 5 bedrooms, 3 bathrooms, and a 2-car garage. This versatile layout is ideal for families seeking both open gathering areas and private retreats. The main floor welcomes you with an open-concept living area that seamlessly connects the kitchen, dining, and family room, creating the perfect setting for entertaining or relaxing. The modern kitchen boasts a large island, generous counter space, and ample cabinetry, making meal prep and family dinners easy and enjoyable. A first-floor bedroom and full bath provide flexibility for guests or multi-generational living. Upstairs, the spacious owner's suite offers a private escape complete with a large walk-in closet and an ensuite bath featuring dual sinks and a walk-in shower. Three additional bedrooms, a full bathroom, and a versatile loft space provide plenty of room for family, hobbies, or a home office. With thoughtful storage options, a convenient laundry room, and open sightlines throughout, the Dallas floor plan combines functionality, style, and comfort- perfect for modern families who value space, flexibility, and connection in their everyday living.

Key facts

  • Community with pool
  • Covered patio
  • Sprinkler system

Tags

GOURMET ISLAND KITCHENCOVERED PATIOSPRINKLER SYSTEMCOMMUNITY WITH POOLCOMMUNITY WITH PLAYGROUND

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 6-bed/2.5-bath single-family listed at $310k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-288 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $268k (13.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $253k (18.4% below list).
  • Recommended offer: $253k (18.4% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 62/100 on livability (#960 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D-, amenities F, commute F.
  • Royal ISD (rural): math 23% / reading 23% proficiency, ranked #744 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Royal El (math 27% / reading 20%, grade F, #3,247 of 4,322 statewide, top 76%, 762 students, 78% FRL); Royal J H (math 22% / reading 23%, grade F, #1,341 of 1,662 statewide, top 82%, 593 students, 73% FRL); Royal H S (math 17% / reading 26%, grade F, #1,377 of 1,632 statewide, top 85%, 842 students, 71% FRL) — zoned schools at 74% FRL track the district average.
  • Market conditions: Rents soft (-1.0%/yr); 1235 active listings in the ZIP; solid renter incomes; 483 units permitted in Waller County in 2024 (89 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($84k/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 $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Waller County population projected at +62% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 191 days — a 12% lower offer ($273k) 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.
Recommended offer $252,953 (18.4% 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 191 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
5.18%
Cash-on-cash
-3.98%
DSCR
0.82
GRM
10.2

CMA / ARV

ARV (median comp)
$380,790
List price
$309,990
Delta
-18.59%
Verdict
UNDERPRICED
Comps
9 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1032 Selene Sky Dr 0.23mi 5/3.0 (-1) 2,733 (+14%) 2mo $377,990 $138 58
1008 Sunlit Cir 0.41mi 5/3.0 (-1) 2,722 (+13%) 2mo $375,040 $138 50
1060 Sunlit Cir 0.47mi 5/3.0 (-1) 2,722 (+13%) 3mo $380,790 $140 47
1116 Sunlit Cir 0.55mi 5/3.0 (-1) 2,722 (+13%) 4mo $380,790 $140 43
1096 Sunlit Cir 0.55mi 5/3.0 (-1) 2,722 (+13%) 5mo $299,990 $110 42

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-26.6%
Equity multiple
0.13×
Total profit
$-75,857
Equity at exit
$46,221
10-year hold
IRR
-40.3%
Equity multiple
-0.36×
Total profit
$-117,804
Equity at exit
$26,802

Cash invested: $86,797 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
23 active · 4 under contract
Months of supply
17.2 mo (6%/mo absorbed)
Median asking
$335,990 ($143/sqft)
Median days on market
81 d
This list price
22% of active listings are priced below it
ARV vs active asking
+11.0% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 77423

Rents YoY
-1.0%
Active inventory
1235
Price-to-rent
10.2×

Monthly cashflow live

Estimated rent
$2,530 medium interval (Pro) →
Mortgage (P&I)
$1,626
Tax est. 1.5%
$387 /mo · $4,650/yr
Insurance
$129
HOA
$144
Vacancy / Maint / Mgmt
$531
Net cashflow
$-288

Break-even live

Break-even rent $2,894
Max offer price $268,324
Occupancy floor

Sensitivity live

Price -10% $-74 -5% $-181 +0% $-288 +5% $-395 +10% $-502
Rent -10% $-488 -5% $-388 +0% $-288 +5% $-188 +10% $-88
Rate -1.0pp $-132 -0.5pp $-209 base $-288 +0.5pp $-368 +1.0pp $-450

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
$77,498
Closing costs
$9,300
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.

Listing history 50 events

  1. 2026-08-08
    days on market $309,990 Active 191 DOM
  2. 2026-08-06
    days on market $309,990 Active 189 DOM
  3. 2026-08-05
    days on market $309,990 Active 188 DOM
  4. 2026-08-04
    days on market $309,990 Active 187 DOM
  5. 2026-08-03
    days on market $309,990 Active 186 DOM
  6. 2026-07-31
    days on market $309,990 Active 183 DOM
  7. 2026-07-30
    days on market $309,990 Active 181 DOM
  8. 2026-07-28
    days on market $309,990 Active 180 DOM
  9. 2026-07-26
    days on market $309,990 Active 178 DOM
  10. 2026-07-24
    days on market $309,990 Active 176 DOM
  11. 2026-07-23
    days on market $309,990 Active 175 DOM
  12. 2026-07-22
    days on market $309,990 Active 174 DOM
  13. 2026-07-21
    days on market $309,990 Active 173 DOM
  14. 2026-07-20
    days on market $309,990 Active 172 DOM
  15. 2026-07-18
    days on market $309,990 Active 170 DOM
  16. 2026-07-18
    days on market $309,990 Active 169 DOM
  17. 2026-07-16
    days on market $309,990 Active 168 DOM
  18. 2026-07-15
    days on market $309,990 Active 167 DOM
  19. 2026-07-14
    days on market $309,990 Active 166 DOM
  20. 2026-07-13
    days on market $309,990 Active 165 DOM
  21. 2026-07-13
    days on market $309,990 Active 164 DOM
  22. 2026-07-11
    days on market $309,990 Active 163 DOM
  23. 2026-07-10
    days on market $309,990 Active 162 DOM
  24. 2026-07-09
    days on market $309,990 Active 161 DOM
  25. 2026-07-07
    days on market $309,990 Active 159 DOM
  26. 2026-07-06
    days on market $309,990 Active 158 DOM
  27. 2026-07-06
    days on market $309,990 Active 157 DOM
  28. 2026-07-05
    days on market $309,990 Active 156 DOM
  29. 2026-07-03
    days on market $309,990 Active 155 DOM
  30. 2026-07-02
    days on market $309,990 Active 154 DOM
  31. 2026-07-01
    days on market $309,990 Active 153 DOM
  32. 2026-06-30
    days on market $309,990 Active 152 DOM
  33. 2026-06-29
    days on market $309,990 Active 151 DOM
  34. 2026-06-28
    days on market $309,990 Active 150 DOM
  35. 2026-06-27
    days on market $309,990 Active 149 DOM
  36. 2026-06-26
    days on market $309,990 Active 148 DOM
  37. 2026-06-24
    days on market $309,990 Active 146 DOM
  38. 2026-06-22
    days on market $309,990 Active 144 DOM
  39. 2026-06-21
    days on market $309,990 Active 143 DOM
  40. 2026-06-18
    days on market $309,990 Active 140 DOM
  41. 2026-06-17
    days on market $309,990 Active 139 DOM
  42. 2026-06-16
    days on market $309,990 Active 138 DOM
  43. 2026-06-15
    days on market $309,990 Active 137 DOM
  44. 2026-06-13
    days on market $309,990 Active 135 DOM
  45. 2026-06-10
    days on market $309,990 Active 131 DOM
  46. 2026-06-08
    days on market $309,990 Active 130 DOM
  47. 2026-06-07
    days on market $309,990 Active 129 DOM
  48. 2026-06-04
    days on market $309,990 Active 126 DOM
  49. 2026-06-03
    days on market $309,990 Active 125 DOM
  50. 2026-06-02
    days on market $309,990 Active 124 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$30,354
− Mortgage interest
−$17,364
− Property taxes
−$4,650
− Insurance
−$1,550
− Repairs & maintenance
−$2,428
− Management
−$2,428
− HOA
−$1,728
− Depreciation
−$9,018
Taxable loss
−$8,812
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,115
After-tax cash flow
$-1,340/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 · 6 photos

Excellent 95/100 None rehab

This home is in excellent condition with a modern kitchen, well-maintained exterior, and good interior walls. It is ready for move-in and would benefit from landscaping and curb appeal improvements to further enhance its value.

Value-add opportunities

  • Both Landscaping and curb appeal improvements — Enhances the home's curb appeal and can attract more buyers or renters.
  • Both Painting the exterior — Fresh paint can improve the home's appearance and increase its value.
  • Both Upgrading the landscaping — A well-maintained yard can increase the home's curb appeal and attract more buyers or renters.
F Composite school gradezoned avg 22/100

Zoned Schools

Elementary Royal Early Childhood Center Middle Royal J H F TX #1,341/1,662 Nat'l #11,105/14,009 High Royal H S F TX #1,377/1,632 Nat'l #13,899/17,239

Schools (NCES district)

District
Royal ISD
NCES district ID
4838190
Math proficiency
23% ▼ -11.00%
Reading proficiency
23% ▼ -6.00%
Median HH income
$41,059
Composite
19.55/100
National rank
#8760
State rank
#744 of 826 in TX
C Composite livability gradescore 62/100

Livability — Brookshire

Score
62/100
State rank
#960
US rank
#17059

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Waller County · 60,772 people
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
18,767
Household income
$84,490
Rent vs Own
20.6% rent · 79.4% own
Severe rent burden
10% of renters

Population outlook (Waller County) Hauer SSP2

Today (2025)
60,772 people
By 2030
67,616 · +11.3%
By 2040
82,283 · +35.4%
By 2050
98,276 · +61.7%
By 2075
142,860 · +135.1%
By 2100
175,596 · +188.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Hispanic / Latino 41% White 41% Black 14% Two or more races 13% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 30% Cuban 2%
Common ancestry
Lithuanian 2% Italian 2% Slovak 1%
Foreign-born
17% · Canada, China, Dominican Republic
Languages at home
65% English-only · Spanish 32% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Waller

2024 margin
Strong R (+25.0) · D 37.0% · R 62.0% · Other 1.0%
2008→2024 swing
-17.9pp toward R · 2008: -7.2pp · 2024: -25.0pp
All cycles
2024: R+25.0 2020: R+26.7 2016: R+28.6 2012: R+17.6 2008: R+7.2

Not yet ingested

Civics

Price history

-3.4% since first listed
9 events — show timeline
  • 2026-04-03 Price Changed $309,990 Zillow
  • 2026-04-03 Price Changed $309,990 HARMLS
  • 2026-03-24 Price Changed $316,990 Zillow
  • 2026-03-22 Price Changed $321,990 Zillow
  • 2026-03-20 Price Changed $321,990 HARMLS
  • 2026-03-06 Listed $305,990 Zillow
  • 2026-02-18 Price Changed $305,990 HARMLS
  • 2026-02-03 Price Changed $329,990 HARMLS
  • 2026-01-29 Listed $320,990 HARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…