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1930 Misty Field Dr
C- Composite 53.27
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 +16.0/30.0
  • ARV discount +7.8/15.0
  • 1% rule +6.2/10.0
  • DSCR +5.0/10.0
  • Condition / age +4.8/5.0
  • Schools +4.5/10.0
  • Appreciation +4.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0

$444,900

1930 Misty Field Dr · Sienna, TX 77459
4 bd · 3.0 ba · 2,717 sqft · SingleFamily public records · 21 Days on market
Built 2021 Excellent condition 7,274 sqft lot $164/sqft · at area comps Est $447k · at est. $132/mo HOA · 3% of rent ↓ 3% since listing

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

Listing remarks

Whole-Home Generator Included – Estimated $15K–$20K Upgrade! Welcome to this beautiful two-story brick home built in 2021 by Coventry Homes. Located on a cul-de-sac street, this open-concept house has 4 bedrooms and 3 full baths. The chef-inspired kitchen features a huge granite island and stainless steel appliances. You will love the high ceilings and tons of natural light in the living area. There are two bedrooms downstairs, including a private primary suite with a spa-like bath. Upstairs, you will find a fun game room, a dedicated media room for movie nights and two more bedrooms with a full bathroom. Outside, enjoy a fully fenced backyard with a covered patio and a sprinkle

Key facts

  • Spa-like bath
  • Huge granite island
  • 7,274 sq ft lot

Tags

WHOLE-HOME GENERATOR INCLUDEDCHEF-INSPIRED KITCHENHUGE GRANITE ISLANDSTAINLESS STEEL APPLIANCESPRIVATE PRIMARY SUITESPA-LIKE BATH

Property features AI

Finance

  • Other: Located in a subdivision with curbs and gutters; Road surface: concrete; Lot dimensions approximately 45 x 157
  • HOA & community: HOA: SPRIA; Annual association fee; Association fee includes clubhouse, common areas, and recreation facilities; Community amenities: pool, clubhouse, fitness center, playground, dog park, picnic area, trails, park, sport courts including basketball, tennis and pickleball, meeting/party room, golf course, lake/pond

Exterior

  • Parking: Attached garage; 2-car garage; Driveway parking
  • Utilities: Public water; Public sewer; Generator (electric)
  • Home design: Residential property; Faces west; Full ownership; Slab foundation; Builder: Coventry Homes; Built in 2021
  • Construction: Brick exterior; Composition roof
  • Exterior features: Covered patio; Covered deck/patio; Patio; Private yard; Fully fenced backyard; Back yard fencing; Sprinkler/irrigation system; Paved driveway; Tennis court(s); Pond on lot; Near golf course; Side yard

Interior

  • Kitchen: Dishwasher; Electric oven; Garbage disposal; Gas range; Microwave
  • Bedrooms: Up to 4 bedrooms
  • Flooring: Carpet; Engineered hardwood planks; Tile; Vinyl
  • Bathrooms: 3 full bathrooms
  • Heating & cooling: Central heating (gas); Central air (electric); Thermostat (programmable)
  • Interior features: Double vanity; Granite counters; High ceilings; Kitchen island; Pantry; Soaking tub; Separate shower; Tub/shower combo; Window treatments; Ceiling fans; Kitchen/dining combo; Programmable thermostat; Reverse osmosis system; Window coverings
  • Laundry & utility: Washer hookup; Electric dryer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 4-bed/3.0-bath single-family listed at $445k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $155 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $445k).
  • Recommended offer: $438k (1.5% below list) — sets the bar for market timing.
  • Cap rate 6.9% 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 C — 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: Ronald Thornton Middle (math 40% / reading 52%, grade D+, #462 of 1,662 statewide, top 28%, 1,529 students, 41% FRL).
  • Market conditions: Rents soft (-0.1%/yr); 1215 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 23d 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).
  • At $4,980/mo this rent would consume 46% of the median local household income ($129k/yr) (locally 1004% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

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 21 days — a 2% lower offer ($438k) 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

  • Watch-outs: property tax is 2.9% of price; flood insurance adds $66/mo.
  • Climate carrying-cost: severe 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 $438,226 (1.5% below list)

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  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
1.12%
Cap rate
6.89%
Cash-on-cash
2.14%
DSCR
1.10
GRM
7.4

CMA / ARV

ARV (median comp)
$447,455
List price
$444,900
Delta
2.78%
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
1919 Waters Branch Dr 0.09mi 4/3.0 2,591 (-5%) 7mo $439,990 $170 82
1722 Country Air Ln 0.23mi 4/3.0 2,773 (+2%) 6mo $419,000 $151 80
8726 Windsong Trail Dr 0.10mi 4/3.0 2,517 (-7%) 5mo $359,900 $143 79
1639 Rosedale Dr 0.32mi 4/3.0 2,763 (+2%) 4mo $399,950 $145 79
1706 Country Air Ln 0.27mi 4/3.5 2,700 (-1%) 6mo $375,000 $139 79
2119 Long Spring Dr 0.21mi 4/3.0 2,522 (-7%) 8mo $410,989 $163 72
1506 Country Air Ln 0.40mi 4/3.5 2,808 (+3%) 4mo $425,000 $151 71
8723 Arbor Trail Dr 0.15mi 4/3.0 2,381 (-12%) 3mo $365,000 $153 70
8703 Red Heron Ln 0.30mi 3/3.5 (-1) 2,615 (-4%) 8mo $459,000 $176 66
1610 Country Air Ln 0.32mi 4/3.0 2,388 (-12%) 0mo $369,900 $155 64
8711 Fairbrook Dr 0.27mi 4/3.5 2,413 (-11%) 6mo $409,900 $170 62
9507 Shaded Tree Dr 0.52mi 4/3.5 2,935 (+8%) 4mo $445,000 $152 57

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
-10.3%
Equity multiple
0.59×
Total profit
$-50,922
Equity at exit
$93,308
10-year hold
IRR
-7.0%
Equity multiple
0.49×
Total profit
$-62,924
Equity at exit
$86,426

Cash invested: $124,572 (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 77459

Home prices YoY
-0.8%
Rents YoY
-0.1%
Active inventory
1215
Price-to-rent
7.4×

Monthly cashflow live

Estimated rent
$4,980 medium interval (Pro) →
Mortgage (P&I)
$2,333
Tax from tax record
$1,062 /mo · $12,740/yr
Insurance
$185
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$132
Vacancy / Maint / Mgmt
$1,046
Net cashflow
$155

Break-even live

Break-even rent $4,783
Max offer price $444,900
Occupancy floor 92%

Sensitivity live

Price -10% $407 -5% $281 +0% $155 +5% $30 +10% $-96
Rent -10% $-238 -5% $-41 +0% $155 +5% $352 +10% $549
Rate -1.0pp $380 -0.5pp $269 base $155 +0.5pp $40 +1.0pp $-77

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
$111,225
Closing costs
$13,347
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
8719 Fox Trail Dr Missouri City, TX 4.0 3.5 2143 $6,000 $2.80 22d 1 0.07mi
2142 Ironwood Pass Dr Missouri City, TX 4.0 3.0 2140 $6,000 $2.80 2d 1 0.28mi
1714 Forest Mist Dr Missouri City, TX 3.0 3.0 1979 $3,000 $1.52 44d 1 0.86mi
2718 Van Gogh Ln Missouri City, TX 4.0 2.5 3036 $3,595 $1.18 11d 1 1.01mi

HOA detail

Monthly dues
$132 · $1,584/yr

Listing history 14 events

  1. 2026-06-18
    days on market $444,900 Active 21 DOM
  2. 2026-06-17
    days on market $444,900 Active 20 DOM
  3. 2026-06-16
    days on market $444,900 Active 19 DOM
  4. 2026-06-15
    days on market $444,900 Active 18 DOM
  5. 2026-06-13
    days on market $444,900 Active 16 DOM
  6. 2026-06-09
    days on market $444,900 Active 12 DOM
  7. 2026-06-08
    days on market $444,900 Active 11 DOM
  8. 2026-06-07
    days on market $444,900 Active 10 DOM
  9. 2026-06-04
    days on market $444,900 Active 7 DOM
  10. 2026-06-03
    days on market $444,900 Active 6 DOM
  11. 2026-06-02
    days on market $444,900 Active 5 DOM
  12. 2026-06-01
    days on market $444,900 Active 4 DOM
  13. 2026-05-31
    days on market $444,900 Active 3 DOM
  14. 2026-04-30
    listed $459,900 Active 805-char remark

ⓘ 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
$12,740 · $1,062/mo
Projected year-2 tax
$12,740 · $1,062/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 9/10 Extreme FEMA zone X · 99% 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$59,758
− Mortgage interest
−$24,921
− Property taxes
−$12,740
− Insurance
−$3,022
− Repairs & maintenance
−$4,781
− Management
−$4,781
− HOA
−$1,584
− Depreciation
−$12,943
Taxable loss
−$5,013
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,203
After-tax cash flow
$3,069/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

Excellent 95/100 None rehab

This 2021 Coventry Homes two-story brick home is in excellent condition with modern finishes and a well-maintained exterior. It's move-in ready and offers a great value for both resale and rental.

Value-add opportunities

  • Both landscaping — enhances curb appeal and adds value
  • Both furniture — improves the home's livability and appeal

Renovation cost estimate screening

Value-add ROI direction

  • Both landscaping — enhances curb appeal and adds value
  • Both furniture — improves the home's livability and appeal

ⓘ 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
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

Price history

-3.3% since first listed
4 events — show timeline
  • 2026-05-28 Price Changed $444,900 HARMLS
  • 2026-05-28 Listed $444,900 HARMLS
  • 2026-05-28 Listing Removed HARMLS
  • 2026-04-30 Listed $459,900 HARMLS

Property tax history

-4.3%/yr

Latest (2025): $12,740 · -2.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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