3721 Rush Rd · Santa Fe, TX 77510

$435,000

3 bd · 1.5 ba · 1,668 sqft · SingleFamily public records · 27 Days on market

Built 1977 1.00 ac lot $261/sqft · 23% above area Est $353k · 23% over

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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 +15.0/30.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.5/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Wonderful country home on a fully fenced acre. Totally remodeled three bedroom 2 bath farm house . Open living/dining/kitchen area. Big island and granite countertops in kitchen. Muted grey wood look tile throughout. New doors, hardware and trim. Master bedroom has a closet nearly the size of another room. Covered back patio. Chicken coop and goat pens. Also has a double car garage with 12x23 flex room/laundry room that would be a perfect gym/home classroom. Upstairs above the garage is a very nice 30x30 studio apartment with separate entrance from main house, that would be great for rental property. Large mature trees. Fenced/cross fenced. It is a beautiful country oasis! MOTIVATED SELLERS. WILL CONSIDER ALL REASONABLE OFFERS.

Key facts

• Dedicated dog run
• Covered patio
• Swim spa

Tags

• FULLY FENCED LOT
• COVERED PATIO
• OUTDOOR BAR AREA
• SWIM SPA
• DEDICATED DOG RUN
• STUDIO GARAGE APARTMENT

Property features AI

Exterior

• Parking: Detached garage with 2 garage spaces; RV access/parking
• Utilities: Well water; Aerobic septic
• Home design: Residential property; Garage apartment noted; Built in 1977; Entry on slab foundation; Composition roof
• Construction: Brick and cement siding exterior; Slab foundation; Composition roof; Year built: 1977
• Exterior features: Covered patio; Deck; Patio; Private yard; Fully fenced backyard (backs to greenbelt/park); Hot tub / spa

Interior

• Kitchen: Dishwasher; Electric oven; Electric range; Refrigerator
• Bedrooms: Primary bedroom — 14 x 12 (first level); Bedroom — 12 x 11 (first level); Bedroom — 11 x 10 (first level); Garage apartment (29 x 23)
• Flooring: Laminate flooring; Tile flooring
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Granite counters; Kitchen island; Kitchen/family room combo; Ceiling fans; Wood-burning fireplace (1)

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $435k.

Deal economics

• At list price, monthly cash flow is $16k ($186k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($24k rent vs $435k).
• Recommended offer: $428k (1.5% below list) — sets the bar for market timing.
• Cap rate 49.1% vs local median 4.5% in Santa Fe — 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 67/100 on livability (#550 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Santa Fe ISD (suburban): math 38% / reading 39% proficiency, ranked #385 of 826 in TX (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: William F Barnett El (math 59% / reading 46%, grade C-, #720 of 4,322 statewide, top 17%, 646 students, 59% FRL); Santa Fe H S (math 19% / reading 34%, grade F, #1,228 of 1,632 statewide, top 76%, 1,369 students, 47% FRL) — zoned schools average 53% FRL vs 35% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 236 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
• Galveston County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $122k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($428k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago; this cycle's ask has dropped $44k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $428,475 (1.5% below list)

Questions for the listing agent

1. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 5.43% ✓
• Cap rate: 49.13%
• Cash-on-cash: 152.99%
• DSCR: 7.81
• GRM: 1.5

CMA / ARV

• ARV (median comp): $353,420
• List price: $435,000
• Delta: 23.08%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3623 Riverlands Dr	0.47mi	3/2.0	1,651 (-1%)	3mo	$321,000	$194	72
12111 Wooden Mill Ln	0.55mi	3/2.0	1,651 (-1%)	9mo	$321,424	$195	64
3815 Mulberry Farms Dr	0.51mi	3/2.0	1,760 (+6%)	12mo	$340,000	$193	56
11814 Santa Fe Trl	0.71mi	3/2.0	1,584 (-5%)	7mo	$278,000	$176	50
4118 Eaton Dr	0.61mi	3/2.0	1,778 (+7%)	11mo	$299,000	$168	49
12102 Hollow Marsh Dr	0.53mi	3/2.0	1,801 (+8%)	14mo	$329,990	$183	49
3826 Garden Hill Ln	0.48mi	3/2.0	1,904 (+14%)	7mo	$332,990	$175	46
11806 Oregon Trl	0.61mi	3/2.0	1,446 (-13%)	2mo	$299,900	$207	45
3506 Avenue J 1/2	0.50mi	3/2.0	1,856 (+11%)	12mo	$417,500	$225	45
12008 7th St	0.52mi	3/2.5	1,866 (+12%)	9mo	$352,000	$189	44
3811 Garden Hill Ln	0.45mi	3/2.0	1,901 (+14%)	11mo	$359,990	$189	44
11811 Santa Fe Trl	0.74mi	3/2.0	1,747 (+5%)	14mo	$279,950	$160	44

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 8.54×
• Total profit: $918,956
• Equity at exit: $64,860

10-year hold

• IRR: —
• Equity multiple: 18.04×
• Total profit: $2,075,486
• Equity at exit: $37,611

Cash invested: $121,800 (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 77510

• Home prices YoY: -15.3%
• Active inventory: 236
• Price-to-rent: 1.5×

Monthly cashflow live

• Estimated rent: $23,623 medium
• Mortgage (P&I): −$2,281
• Tax from tax record: −$671 /mo · $8,054/yr
• Insurance: −$181
• HOA: −$0
• Vacancy / Maint / Mgmt: −$4,961
• Net cashflow: $15,528

Break-even live

Break-even rent $3,967

Max offer price $435,000

Occupancy floor 29%

Sensitivity live

Price	-10% $15,775	-5% $15,651	+0% $15,528	+5% $15,405	+10% $15,282
Rent	-10% $13,662	-5% $14,595	+0% $15,528	+5% $16,461	+10% $17,395
Rate	-1.0pp $15,747	-0.5pp $15,639	base $15,528	+0.5pp $15,416	+1.0pp $15,301

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: $108,750
• Closing costs: $13,050
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11844 13th St Santa Fe, TX	3.0	2.0	1472	$1,750	$1.19	23d	1	1.02mi
4120 Avenue O #10 Santa Fe, TX	3.0	2.0	1280	$74,621	$58.30	44d	1	1.29mi
640 Totem Trail Dr La Marque, TX	4.0	2.5	2134	$2,309	$1.08	12d	1	1.47mi

Listing history 31 events

1. 2026-06-09
   days on market $435,000 Pending 27 DOM
2. 2026-06-08
   days on market $435,000 Pending 26 DOM
3. 2026-06-07
   days on market $435,000 Pending 25 DOM
4. 2026-06-04
   statusdays on market $435,000 Pending 22 DOM
5. 2026-06-03
   days on market $435,000 Active 21 DOM
6. 2026-06-02
   days on market $435,000 Active 20 DOM
7. 2026-06-01
   days on market $435,000 Active 19 DOM
8. 2026-05-31
   days on market $435,000 Active 18 DOM
9. 2026-05-13
   listed $479,000 Active 921-char remark
10. 2019-06-03
    soldstatus
11. 2019-05-31
    soldstatus Sold 737-char remark

    Show marketing remark (737 chars)

    Wonderful country home on a fully fenced acre. Totally remodeled three bedroom 2 bath farm house . Open living/dining/kitchen area. Big island and granite countertops in kitchen. Muted grey wood look tile throughout. New doors, hardware and trim. Master bedroom has a closet nearly the size of another room. Covered back patio. Chicken coop and goat pens. Also has a double car garage with 12x23 flex room/laundry room that would be a perfect gym/home classroom. Upstairs above the garage is a very nice 30x30 studio apartment with separate entrance from main house, that would be great for rental property. Large mature trees. Fenced/cross fenced. It is a beautiful country oasis! MOTIVATED SELLERS. WILL CONSIDER ALL REASONABLE OFFERS.

12. 2019-04-17
    status Pending, Continue to Show 737-char remark

    Show marketing remark (737 chars)

    Wonderful country home on a fully fenced acre. Totally remodeled three bedroom 2 bath farm house . Open living/dining/kitchen area. Big island and granite countertops in kitchen. Muted grey wood look tile throughout. New doors, hardware and trim. Master bedroom has a closet nearly the size of another room. Covered back patio. Chicken coop and goat pens. Also has a double car garage with 12x23 flex room/laundry room that would be a perfect gym/home classroom. Upstairs above the garage is a very nice 30x30 studio apartment with separate entrance from main house, that would be great for rental property. Large mature trees. Fenced/cross fenced. It is a beautiful country oasis! MOTIVATED SELLERS. WILL CONSIDER ALL REASONABLE OFFERS.

13. 2019-04-10
    price $299,000 737-char remark

    Show marketing remark (737 chars)

    Wonderful country home on a fully fenced acre. Totally remodeled three bedroom 2 bath farm house . Open living/dining/kitchen area. Big island and granite countertops in kitchen. Muted grey wood look tile throughout. New doors, hardware and trim. Master bedroom has a closet nearly the size of another room. Covered back patio. Chicken coop and goat pens. Also has a double car garage with 12x23 flex room/laundry room that would be a perfect gym/home classroom. Upstairs above the garage is a very nice 30x30 studio apartment with separate entrance from main house, that would be great for rental property. Large mature trees. Fenced/cross fenced. It is a beautiful country oasis! MOTIVATED SELLERS. WILL CONSIDER ALL REASONABLE OFFERS.

14. 2019-03-26
    listed $334,900 Active 737-char remark

    Show marketing remark (737 chars)

    Wonderful country home on a fully fenced acre. Totally remodeled three bedroom 2 bath farm house . Open living/dining/kitchen area. Big island and granite countertops in kitchen. Muted grey wood look tile throughout. New doors, hardware and trim. Master bedroom has a closet nearly the size of another room. Covered back patio. Chicken coop and goat pens. Also has a double car garage with 12x23 flex room/laundry room that would be a perfect gym/home classroom. Upstairs above the garage is a very nice 30x30 studio apartment with separate entrance from main house, that would be great for rental property. Large mature trees. Fenced/cross fenced. It is a beautiful country oasis! MOTIVATED SELLERS. WILL CONSIDER ALL REASONABLE OFFERS.

15. 2016-12-01
    soldstatus
16. 2016-11-29
    soldstatus Sold

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

17. 2016-11-13
    status Pending

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

18. 2016-11-03
    status Option Pending

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

19. 2016-10-26
    price $270,000

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

20. 2016-10-18
    status Active

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

21. 2016-10-13
    status Pending

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

22. 2016-10-05
    price $285,000

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

23. 2016-09-02
    listed $295,000 Active

    Show marketing remark (500 chars)

    Completely updated ranch-style home on 1-acre in Santa Fe boasts a gorgeous open floor plan with a neutral color palette, premium laminate floors, fresh paint throughout and so much more! Fabulous kitchen w/ large island, granite counters, stainless undermount sink and fixtures, new shaker-style cabinets, modern fixtures and recessed lighting, wood-burning fireplace, and completely updated bathrooms and bedrooms. Updated garage apartment w/ laminate floors & full bath for guests or tenant.

24. 2016-07-08
    soldstatus
25. 2016-07-06
    soldstatus Sold
26. 2016-05-30
    status Pending
27. 2016-05-17
    status Option Pending
28. 2016-03-22
    listed $195,000 Active
29. 2015-01-04
    historical
30. 2014-09-07
    listed $199,900
31. 2007-09-10
    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: $8,054 · $671/mo
• Projected year-2 tax: $8,054 · $671/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 4/10 Moderate FEMA zone X (shaded) · 22% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 26 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: $283,473
• − Mortgage interest: −$24,367
• − Property taxes: −$8,054
• − Insurance: −$2,175
• − Repairs & maintenance: −$22,678
• − Management: −$22,678
• − Depreciation: −$12,655
• Taxable income: $190,867
• Est. tax owed @ 24.0%: −$45,808
• After-tax cash flow: $140,532/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: Santa Fe ISD
• NCES district ID: 4839270
• Math proficiency: 38% ▼ -10.00%
• Reading proficiency: 39% ▼ -2.00%
• Median HH income: $66,769
• Composite: 34.86/100
• National rank: #5091
• State rank: #385 of 826 in TX

Livability — Santa Fe

• Score: 67/100
• State rank: #550
• US rank: #10637

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Santa Fe, TX
• Population (ZIP): 13,938

Population outlook (Galveston County) Hauer SSP2

• Today (2025): 390,640 people
• By 2030: 425,226 · +8.9%
• By 2040: 493,765 · +26.4%
• By 2050: 559,698 · +43.3%
• By 2075: 719,260 · +84.1%
• By 2100: 819,628 · +109.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 21% Two or more races 17% Asian 2%
• Hispanic origin (detail): Mexican 14% Puerto Rican 3% Cuban 1%
• Common ancestry: Lithuanian 4% Italian 3% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 89% English-only · Spanish 10% Tagalog/Filipino 1%

Political lean MEDSL · Galveston

• 2024 margin: Strong R (+27.4) · D 35.7% · R 63.1% · Other 1.2%
• 2008→2024 swing: -7.9pp toward R · 2008: -19.5pp · 2024: -27.4pp
• All cycles: 2024: R+27.4 2020: R+22.6 2016: R+22.6 2012: R+26.9 2008: R+19.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.15%
• Current HPI: 299.2228
• 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

+117.6% since first listed

26 events — show timeline

• 2026-06-10 Pending — HARMLS
• 2026-06-04 Pending — HARMLS
• 2026-05-25 Price Changed $435,000 HARMLS
• 2026-05-13 Listed $479,000 HARMLS
• 2019-06-03 Sold (Public Records) — Public Records
• 2019-05-31 Sold (MLS) — HARMLS
• 2019-04-17 Pending — HARMLS
• 2019-04-10 Price Changed $299,000 HARMLS
• 2019-03-26 Listed $334,900 HARMLS
• 2016-12-01 Sold (Public Records) — Public Records
• 2016-11-29 Sold (MLS) — HARMLS
• 2016-11-13 Pending — HARMLS
• 2016-11-03 Pending — HARMLS
• 2016-10-26 Price Changed $270,000 HARMLS
• 2016-10-18 Relisted — HARMLS
• 2016-10-13 Pending — HARMLS
• 2016-10-05 Price Changed $285,000 HARMLS
• 2016-09-02 Listed $295,000 HARMLS
• 2016-07-08 Sold (Public Records) — Public Records
• 2016-07-06 Sold (MLS) — HARMLS
• 2016-05-30 Pending — HARMLS
• 2016-05-17 Pending — HARMLS
• 2016-03-22 Listed $195,000 HARMLS
• 2015-01-04 Listing Removed — HARMLS
• 2014-09-07 Listed $199,900 HARMLS
• 2007-09-10 Sold (Public Records) — Public Records

Property tax history

+4.9%/yr

Latest (2025): $8,054 · +6.7% YoY. Source: county tax records.