2110 Pepperglen Ct · Missouri City, TX 77489

$230,000

3 bd · 3.0 ba · 2,245 sqft · SingleFamily public records · 41 Days on market

Built 1981 9,178 sqft lot $102/sqft · 11% below area Est $258k · 11% under $27/mo HOA · 1% of rent ↓ 8% 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).

• ARV discount +12.4/15.0
• Cash flow +11.8/30.0
• 1% rule +5.0/10.0
• Appreciation +4.7/10.0
• Schools +4.5/10.0
• DSCR +3.5/10.0
• Livability +3.4/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

MULTIPLE OFFERS RECIEVED! OFFER ACCEPTED! PLEASE SUBMIT BACK UP OFFER IF INTERESTED! Nice 3-bedroom, 2.5-bath home in Missouri City with two living areas and a dining room. All bedrooms are upstairs. AC is only 1 year old. Located on a cul-de-sac just 3–5 minutes from the Beltway. This home is ready for a new family or first-time home buyer—schedule your showing today.SELLER WILL REPLACE ROOF!

Key facts

• 9,178 sq ft lot
• 2 garage spots
• Built 1981

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $-63 ($-752/yr) — negative.
• To cash-flow at today's rent, offer at most $219k (4.8% below list).
• Meets the 1% rule at list price ($2k rent vs $230k).
• Recommended offer: $219k (4.8% below list) — sets the bar for cash-flow.
• Cap rate 6.0% vs local median 3.5% in Missouri City — 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 (#526 in TX) — a middle-class / working-renter tenant base. Strengths: housing A+, crime A, employment A; Watch: amenities F, commute F, health & safety F.
• 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.
• Market conditions: Rents flat; 186 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).
• This rent runs 37% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $322 of equity ($2k loan paydown + $-1k appreciation (-0.6% local appreciation)).
• 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 41 days — a 3% lower offer ($223k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 2.9% of price.
• 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 $218,930 (4.8% 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 41 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. 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.
8. 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.
9. 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: 1.00% ✓
• Cap rate: 5.97%
• Cash-on-cash: -1.17%
• DSCR: 0.95
• GRM: 8.3

CMA / ARV

• ARV (median comp): $257,877
• List price: $230,000
• Delta: -10.81%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
710 Beechbend Dr	0.13mi	3/2.5	2,245 (0%)	6mo	$179,000	$80	87
1919 Herringbone	0.23mi	3/2.5	2,265 (+1%)	6mo	$284,900	$126	81
526 Reecewood Ln	0.38mi	4/3.0 (+1)	2,318 (+3%)	0mo	$199,000	$86	72
15323 Trinity Meadow Dr	0.49mi	3/2.5	2,205 (-2%)	2mo	$230,000	$104	71
16406 Skeet Ct	0.61mi	3/2.5	2,221 (-1%)	1mo	$240,000	$108	67
711 Brookford Dr	0.16mi	3/2.0	1,948 (-13%)	6mo	$259,999	$133	62
906 Shiremeadow Dr	0.40mi	4/2.5 (+1)	2,452 (+9%)	2mo	$309,900	$126	58
1915 Long Barrel Ln	0.52mi	4/3.0 (+1)	2,420 (+8%)	1mo	$250,000	$103	57
1858 Wood Orchard Dr	0.66mi	3/2.5	2,150 (-4%)	4mo	$245,000	$114	56
16327 Quail Echo Dr	0.67mi	3/2.5	2,113 (-6%)	4mo	$220,000	$104	54
8330 Blue Quail Dr	0.67mi	3/2.5	2,113 (-6%)	9mo	$250,000	$118	50
16323 Quail Echo Dr	0.65mi	3/2.0	1,980 (-12%)	2mo	$269,000	$136	44

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

Projected returns pro-forma

-0.55% appreciation · 0.34% rent growth · sell at horizon

5-year hold

• IRR: -7.9%
• Equity multiple: 0.65×
• Total profit: $-22,408
• Equity at exit: $60,517

10-year hold

• IRR: -4.0%
• Equity multiple: 0.64×
• Total profit: $-23,486
• Equity at exit: $67,913

Cash invested: $64,400 (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 77489

• Home prices YoY: -0.2%
• Rents YoY: 0.3%
• Active inventory: 186
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $2,306 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$556 /mo · $6,667/yr
• Insurance: −$96
• HOA: −$27
• Vacancy / Maint / Mgmt: −$484
• Net cashflow: $-63

Break-even live

Break-even rent $2,386

Max offer price $218,930

Occupancy floor 98%

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
712 Beechbend Dr Missouri City, TX	4.0	2.5	2245	$2,250	$1.00	21d	1	0.11mi
2222 Mountshire Dr Missouri City, TX	4.0	2.5	2278	$2,700	$1.19	21d	1	0.32mi
16310 Setter Ct Missouri City, TX	3.0	2.0	1672	$1,700	$1.02	44d	1	0.53mi
507 Whippoorwill Dr Missouri City, TX	3.0	2.0	1970	$1,925	$0.98	44d	1	0.56mi
15113 Chasehill Dr Missouri City, TX	4.0	2.5	2286	$2,350	$1.03	44d	1	0.76mi
1806 Courtside Place Dr Missouri City, TX	4.0	2.5	1974	$1,915	$0.97	13d	1	1.13mi
2910 Fawn Ct Missouri City, TX	4.0	2.5	2330	$2,220	$0.95	44d	1	1.30mi
2026 Summer Place Dr Missouri City, TX	3.0	2.0	1837	$1,861	$1.01	21d	1	1.33mi
1935 Poco Dr Missouri City, TX	4.0	3.0	2868	$2,326	$0.81	22d	1	1.50mi

HOA detail

• Monthly dues: $27 · $324/yr

Listing history 4 events

1. 2026-05-17
   status Pending 408-char remark

   Show marketing remark (408 chars)

   MULTIPLE OFFERS RECIEVED! OFFER ACCEPTED! PLEASE SUBMIT BACK UP OFFER IF INTERESTED! Nice 3-bedroom, 2.5-bath home in Missouri City with two living areas and a dining room. All bedrooms are upstairs. AC is only 1 year old. Located on a cul-de-sac just 3–5 minutes from the Beltway. This home is ready for a new family or first-time home buyer—schedule your showing today.SELLER WILL REPLACE ROOF!

2. 2026-05-11
   status Pending 408-char remark

   Show marketing remark (408 chars)

   MULTIPLE OFFERS RECIEVED! OFFER ACCEPTED! PLEASE SUBMIT BACK UP OFFER IF INTERESTED! Nice 3-bedroom, 2.5-bath home in Missouri City with two living areas and a dining room. All bedrooms are upstairs. AC is only 1 year old. Located on a cul-de-sac just 3–5 minutes from the Beltway. This home is ready for a new family or first-time home buyer—schedule your showing today.SELLER WILL REPLACE ROOF!

3. 2026-05-01
   price $220,000 408-char remark

   Show marketing remark (408 chars)

   MULTIPLE OFFERS RECIEVED! OFFER ACCEPTED! PLEASE SUBMIT BACK UP OFFER IF INTERESTED! Nice 3-bedroom, 2.5-bath home in Missouri City with two living areas and a dining room. All bedrooms are upstairs. AC is only 1 year old. Located on a cul-de-sac just 3–5 minutes from the Beltway. This home is ready for a new family or first-time home buyer—schedule your showing today.SELLER WILL REPLACE ROOF!

4. 2026-04-05
   listed $240,000 Active 408-char remark

   Show marketing remark (408 chars)

   MULTIPLE OFFERS RECIEVED! OFFER ACCEPTED! PLEASE SUBMIT BACK UP OFFER IF INTERESTED! Nice 3-bedroom, 2.5-bath home in Missouri City with two living areas and a dining room. All bedrooms are upstairs. AC is only 1 year old. Located on a cul-de-sac just 3–5 minutes from the Beltway. This home is ready for a new family or first-time home buyer—schedule your showing today.SELLER WILL REPLACE ROOF!

ⓘ 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: $6,667 · $556/mo
• Projected year-2 tax: $6,667 · $556/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 (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 24 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,674
• − Mortgage interest: −$12,884
• − Property taxes: −$6,667
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,214
• − Management: −$2,214
• − HOA: −$324
• − Depreciation: −$6,691
• Taxable loss: −$4,469
• Est. tax savings @ 24.0%: +$1,073
• After-tax cash flow: $321/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: 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 — Missouri City

• Score: 67/100
• State rank: #526
• US rank: #10308

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Missouri City, TX
• County: Fort Bend County · 836,777 people
• City population: 123,513
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 39,292
• Household income: $74,689
• Rent vs Own: 22.9% rent · 77.1% own
• Severe rent burden: 1121.0

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: Majority Black (60%)
• Race & ethnicity: Black 60% Hispanic / Latino 29% Two or more races 13% White 4% Asian 3%
• Hispanic origin (detail): Mexican 17%
• Foreign-born: 16% · Canada, Vietnam
• Languages at home: 73% English-only · Spanish 22% Vietnamese 1% Other Asian/Pacific 1%

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: ▼ -0.55%
• Current HPI: 288.1306
• Rent YoY: ▲ 0.34%
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-8.3% since first listed

4 events — show timeline

• 2026-05-17 Pending — HARMLS
• 2026-05-11 Pending — HARMLS
• 2026-05-01 Price Changed $220,000 HARMLS
• 2026-04-05 Listed $240,000 HARMLS

Property tax history

+4.9%/yr

Latest (2025): $6,667 · -3.3% YoY. Source: county tax records.