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25103 Thrushwood Ln
C- Composite 51.16
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 +15.8/30.0
  • ARV discount +15.0/15.0
  • 1% rule +5.3/10.0
  • DSCR +4.9/10.0
  • Livability +3.3/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$217,000

25103 Thrushwood Ln · Spring, TX 77373
3 bd · 2.0 ba · 1,373 sqft · SingleFamily public records · 42 Days on market
Built 1983 7,370 sqft lot $158/sqft · 23% below area Est $280k · 23% under $38/mo HOA · 2% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

Key facts

  • Large deck
  • Updated kitchen
  • Dedicated office

Tags

DEDICATED OFFICEUPDATED KITCHENBAR SEATINGFULLY FENCED YARDLARGE DECKSTONE PATIO

Property features AI

Finance

  • Other: Living area approximately 1,373; Lot about 0.17 acre
  • HOA & community: Association: Goodwin & Company; Annual association fee of $455

Exterior

  • Parking: Detached garage; 2 garage spaces
  • Utilities: Public water; Public sewer
  • Home design: Residential property; One story; Full ownership; Slab foundation; Faces unknown
  • Construction: Brick construction; Composition roof; Built in 1983
  • Exterior features: Fence; Private yard; Corner lot; Backs to greenbelt/park

Interior

  • Kitchen: Dishwasher; Electric oven; Electric range; Microwave
  • Bedrooms: Primary bedroom, first level (15 x 14); Bedroom, first level (12 x 10); Bedroom, first level (11 x 11)
  • Flooring: Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (gas); Central air (gas)
  • Interior features: Breakfast bar; Double vanity; Kitchen/family room combo; Pantry; Tub with shower; Window treatments; Ceiling fan(s); Kitchen/dining combo; 1 fireplace
  • Laundry & utility: Washer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $217k.

Deal economics

  • At list price, monthly cash flow is $98 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $217k).
  • Recommended offer: $210k (3.0% below list) — sets the bar for market timing.
  • Cap rate 6.8% vs local median 4.5% in Spring — 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 66/100 on livability (#635 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment B; Watch: crime D, amenities F, commute F.
  • Spring ISD (suburban): math 19% / reading 26% proficiency, ranked #730 of 826 in TX (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: John Winship El (math 29% / reading 29%, grade F, #2,668 of 4,322 statewide, top 63%, 471 students, 72% FRL); Twin Creeks Middle (math 23% / reading 24%, grade F, #1,317 of 1,662 statewide, top 80%, 973 students, 83% FRL); Spring H S (math 12% / reading 21%, grade F, #1,497 of 1,632 statewide, top 92%, 2,760 students, 72% FRL).
  • Market conditions: Rents soft (-0.3%/yr); 595 active listings in the ZIP; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
  • This rent runs 30% of the median local income ($89k/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 $7k of value loss. Plan a longer hold.
  • Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 42 days — a 3% lower offer ($210k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 6y ago 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: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $210,490 (3.0% below list)

Questions for the listing agent

  1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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
1.03%
Cap rate
6.84%
Cash-on-cash
1.94%
DSCR
1.09
GRM
8.1

CMA / ARV

ARV (median comp)
$280,055
List price
$217,000
Delta
-22.52%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-17.0%
Equity multiple
0.42×
Total profit
$-35,323
Equity at exit
$32,355
10-year hold
IRR
-16.5%
Equity multiple
0.22×
Total profit
$-47,454
Equity at exit
$18,762

Cash invested: $60,760 (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 77373

Rents YoY
-0.3%
Active inventory
595
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$2,234 medium interval (Pro) →
Mortgage (P&I)
$1,138
Tax from tax record
$400 /mo · $4,800/yr
Insurance
$90
HOA
$38
Vacancy / Maint / Mgmt
$469
Net cashflow
$98

Break-even live

Break-even rent $2,109
Max offer price $217,000
Occupancy floor 91%

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
$54,250
Closing costs
$6,510
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.

HOA detail

Monthly dues
$38 · $456/yr

Listing history 43 events

  1. 2026-06-18
    days on market $217,000 Active 42 DOM
  2. 2026-06-17
    days on market $217,000 Active 41 DOM
  3. 2026-06-16
    days on market $217,000 Active 40 DOM
  4. 2026-06-15
    days on market $217,000 Active 39 DOM
  5. 2026-06-13
    days on market $217,000 Active 37 DOM
  6. 2026-06-13
    days on market $217,000 Active 36 DOM
  7. 2026-06-09
    days on market $217,000 Active 33 DOM
  8. 2026-06-08
    days on market $217,000 Active 32 DOM
  9. 2026-06-07
    pricedays on market $217,000 Active 31 DOM
  10. 2026-06-04
    days on market $225,000 Active 28 DOM
  11. 2026-06-03
    days on market $225,000 Active 27 DOM
  12. 2026-06-02
    days on market $225,000 Active 26 DOM
  13. 2026-06-01
    days on market $225,000 Active 25 DOM
  14. 2026-05-31
    days on market $225,000 Active 24 DOM
  15. 2026-05-07
    listed $225,000 Active 911-char remark
  16. 2024-07-05
    soldstatus
  17. 2024-07-03
    soldstatus Sold 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  18. 2024-06-18
    status Pending 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  19. 2024-06-11
    status Option Pending 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  20. 2024-06-05
    price $220,000 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  21. 2024-06-04
    status Active 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  22. 2024-04-16
    status Pending 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  23. 2024-04-09
    status Option Pending 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  24. 2024-04-01
    listed $210,000 Active 486-char remark
    Show marketing remark (486 chars)

    Welcome to 25103 Thrushwood Lane, where tranquility meets convenience. Nestled on a large corner lot adorned with majestic mature trees, this delightful residence offers the perfect blend of comfort and style. This serene 3-bed, 2-bath haven has tons of natural light, an open floorplan, and no carpet. It also has a wood burning fireplace for cozy evenings and a backyard haven with an oversized deck with partial covering. Perfect for relaxing or hosting. Schedule your showing today!

  25. 2022-05-25
    historical
  26. 2022-05-23
    status Active
  27. 2022-05-13
    status Option Pending
  28. 2022-05-06
    status Active
  29. 2022-05-06
    historical
  30. 2022-05-06
    listed $210,000 Active
  31. 2021-01-27
    soldstatus
  32. 2021-01-25
    soldstatus Sold
  33. 2020-12-28
    status Pending
  34. 2020-12-21
    status Option Pending
  35. 2020-12-16
    status Active
  36. 2020-12-14
    status Option Pending
  37. 2020-12-09
    status Active
  38. 2020-11-18
    status Pending
  39. 2020-11-06
    status Option Pending
  40. 2020-11-03
    status Active
  41. 2020-10-29
    status Option Pending
  42. 2020-10-23
    listed $165,000 Active
  43. 1988-07-11
    soldstatus

ⓘ 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
$4,800 · $400/mo
Projected year-2 tax
$4,800 · $400/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 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 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
$26,803
− Mortgage interest
−$12,155
− Property taxes
−$4,800
− Insurance
−$1,085
− Repairs & maintenance
−$2,144
− Management
−$2,144
− HOA
−$456
− Depreciation
−$6,313
Taxable loss
−$2,295
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$551
After-tax cash flow
$1,728/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
Spring ISD
NCES district ID
4841220
Math proficiency
19% ▼ -13.00%
Reading proficiency
26% ▼ -6.00%
Median HH income
$51,584
Composite
20.12/100
National rank
#8643
State rank
#730 of 826 in TX

Livability — Spring

Score
66/100
State rank
#635
US rank
#12101

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Spring, TX
County
Harris County · 4,702,590 people
City population
430,529
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
69,739
Household income
$88,617
Rent vs Own
27.2% rent · 72.8% own
Severe rent burden
1050.0

Population outlook (Harris County) Hauer SSP2

Today (2025)
5,571,493 people
By 2030
6,089,821 · +9.3%
By 2040
7,142,806 · +28.2%
By 2050
8,185,864 · +46.9%
By 2075
10,574,329 · +89.8%
By 2100
12,109,958 · +117.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.69)
Race & ethnicity
Hispanic / Latino 40% White 30% Black 23% Two or more races 22% Asian 3%
Hispanic origin (detail)
Mexican 27% Puerto Rican 2% Cuban 2% Dominican 2%
Common ancestry
Lithuanian 2% Italian 1% Slovak 1%
Foreign-born
17% · Canada, Jamaica, Vietnam
Languages at home
64% English-only · Spanish 32% Vietnamese 1% Other Indo-European 1%

Political lean MEDSL · Harris

2024 margin
Lean D (+5.5) · D 52.0% · R 46.4% · Other 1.6%
2008→2024 swing
+3.9pp toward D · 2008: 1.6pp · 2024: 5.5pp
All cycles
2024: D+5.5 2020: D+13.3 2016: D+12.4 2012: D+0.1 2008: D+1.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -142.98%
Current HPI
251.7231
Rent YoY
▼ -0.30%
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

+31.5% since first listed
30 events — show timeline
  • 2026-06-04 Price Changed $217,000 HARMLS
  • 2026-05-07 Listed $225,000 HARMLS
  • 2024-07-05 Sold (Public Records) Public Records
  • 2024-07-03 Sold (MLS) HARMLS
  • 2024-06-18 Pending HARMLS
  • 2024-06-11 Pending HARMLS
  • 2024-06-05 Price Changed $220,000 HARMLS
  • 2024-06-04 Relisted HARMLS
  • 2024-04-16 Pending HARMLS
  • 2024-04-09 Pending HARMLS
  • 2024-04-01 Listed $210,000 HARMLS
  • 2022-05-25 Listing Removed HARMLS
  • 2022-05-23 Relisted HARMLS
  • 2022-05-13 Pending HARMLS
  • 2022-05-06 Relisted HARMLS
  • 2022-05-06 Listed $210,000 HARMLS
  • 2022-05-06 Listing Removed HARMLS
  • 2021-01-27 Sold (Public Records) Public Records
  • 2021-01-25 Sold (MLS) HARMLS
  • 2020-12-28 Pending HARMLS
  • 2020-12-21 Pending HARMLS
  • 2020-12-16 Relisted HARMLS
  • 2020-12-14 Pending HARMLS
  • 2020-12-09 Relisted HARMLS
  • 2020-11-18 Pending HARMLS
  • 2020-11-06 Pending HARMLS
  • 2020-11-03 Relisted HARMLS
  • 2020-10-29 Pending HARMLS
  • 2020-10-23 Listed $165,000 HARMLS
  • 1988-07-11 Sold (Public Records) Public Records

Property tax history

+11.7%/yr

Latest (2025): $4,800 · +14.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…