6522 Monument Hl · Manvel, TX 77578

$318,000

4 bd · 2.0 ba · 1,938 sqft · SingleFamily · 24 Days on market

Built 2026 Good condition 6,300 sqft lot $164/sqft · 19% below area Est $393k · 19% under $111/mo HOA · 5% of rent ↓ 2% since listing

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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).

• ARV discount +15.0/15.0
• Cash flow +7.4/30.0
• Condition / age +4.0/5.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +3.2/5.0
• 1% rule +2.6/10.0
• DSCR +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

MLS# 69177451 - Built By Imagination Homes - Ready Now! ~ Beautiful single-story all-brick home in the highly sought-after Meridiana community featuring 4 bedrooms, 2 baths, and 1,938 sqft of thoughtfully designed living space. The open-concept layout seamlessly connects the kitchen, dining, and family room, creating a bright and functional space ideal for everyday living and entertaining. The kitchen offers a large island, ample cabinetry, and a walk-in pantry overlooking the main living area. The private primary suite is located at the rear and includes a spacious bedroom, walk-in closet, and en-suite bath with dual sinks and a walk-in shower. Three additional bedrooms provide flexibility for family, guests, or a home office. Located in Meridiana with resort-style amenities including Oasis Village, Adventure Cove, and Rolling Green Park with an 18-hole putting course, plus pools, trails, and on-site schools. Schedule your showing today.

Key facts

• Walk-in closet
• Large island
• En-suite bath

Tags

• OPEN-CONCEPT LAYOUT
• LARGE ISLAND
• WALK-IN PANTRY
• PRIVATE PRIMARY SUITE
• WALK-IN CLOSET
• EN-SUITE BATH

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $318k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-526 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $242k (24.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $241k (24.2% below list).
• Recommended offer: $241k (24.2% below list) — sets the bar for 1% rule.
• Cap rate 4.8% vs local median 2.2% in Manvel — 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 (#544 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools C-, amenities F, commute F.
• Alvin ISD (suburban): math 39% / reading 48% proficiency, ranked #255 of 826 in TX (top 31%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+2.8%/yr); 1243 active listings in the ZIP; high-income renter base; 3,960 units permitted in Brazoria County in 2024 (593 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Brazoria County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($313k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $122/mo.
• Climate carrying-cost: in FEMA flood zone AO (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $241,066 (24.2% 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. 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. 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?
6. 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.
7. 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.
8. 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: 0.76% ✗
• Cap rate: 4.77%
• Cash-on-cash: -5.45%
• DSCR: 0.76
• GRM: 11.0

CMA / ARV

• ARV (median comp): $393,124
• List price: $318,000
• Delta: -19.11%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6506 Monument Hill Ct	0.04mi	4/2.0	2,135 (+10%)	1mo	$342,000	$160	81
7330 Water Glen Ln	0.74mi	3/2.0 (-1)	2,042 (+5%)	1mo	$339,900	$166	51
18815 Brookside Ridge Ln	0.73mi	4/2.0	1,759 (-9%)	1mo	$314,500	$179	49
5703 Alleluia Trail Trl	0.66mi	3/2.5 (-1)	2,057 (+6%)	8mo	$475,000	$231	46
8435 Peters Rd	0.58mi	3/4.0 (-1)	1,969 (+2%)	23mo	$385,000	$196	38
19102 Shoreside Ter	0.74mi	3/2.0 (-1)	2,205 (+14%)	1mo	$450,000	$204	37
18818 Lake Ridge Dr	0.73mi	3/2.0 (-1)	2,205 (+14%)	9mo	$379,000	$172	31
7107 Water Glen Ln	0.72mi	3/2.0 (-1)	2,205 (+14%)	15mo	$380,000	$172	26

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 · 2.77% rent growth · sell at horizon

5-year hold

• IRR: -28.8%
• Equity multiple: 0.04×
• Total profit: $-85,439
• Equity at exit: $47,415

10-year hold

• IRR: -29.4%
• Equity multiple: -0.34×
• Total profit: $-119,121
• Equity at exit: $27,495

Cash invested: $89,040 (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 77578

• Rents YoY: 2.8%
• Active inventory: 1243
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,411 medium
• Mortgage (P&I): −$1,668
• Tax est. 1.5%: −$398 /mo · $4,770/yr
• Insurance: −$132
• Flood insurance flood zone: −$122 /mo · $1,468/yr
• HOA: −$111
• Vacancy / Maint / Mgmt: −$506
• Net cashflow: $-526

Break-even live

Break-even rent $3,077

Max offer price $241,815

Occupancy floor —

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: $79,500
• Closing costs: $9,540
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $111 · $1,332/yr
• Likely covers: pool

Listing history 3 events

1. 2026-05-14
   status Pending 952-char remark

   Show marketing remark (952 chars)

   MLS# 69177451 - Built By Imagination Homes - Ready Now! ~ Beautiful single-story all-brick home in the highly sought-after Meridiana community featuring 4 bedrooms, 2 baths, and 1,938 sqft of thoughtfully designed living space. The open-concept layout seamlessly connects the kitchen, dining, and family room, creating a bright and functional space ideal for everyday living and entertaining. The kitchen offers a large island, ample cabinetry, and a walk-in pantry overlooking the main living area. The private primary suite is located at the rear and includes a spacious bedroom, walk-in closet, and en-suite bath with dual sinks and a walk-in shower. Three additional bedrooms provide flexibility for family, guests, or a home office. Located in Meridiana with resort-style amenities including Oasis Village, Adventure Cove, and Rolling Green Park with an 18-hole putting course, plus pools, trails, and on-site schools. Schedule your showing today.

2. 2026-04-30
   price $318,000 952-char remark

   Show marketing remark (952 chars)

   MLS# 69177451 - Built By Imagination Homes - Ready Now! ~ Beautiful single-story all-brick home in the highly sought-after Meridiana community featuring 4 bedrooms, 2 baths, and 1,938 sqft of thoughtfully designed living space. The open-concept layout seamlessly connects the kitchen, dining, and family room, creating a bright and functional space ideal for everyday living and entertaining. The kitchen offers a large island, ample cabinetry, and a walk-in pantry overlooking the main living area. The private primary suite is located at the rear and includes a spacious bedroom, walk-in closet, and en-suite bath with dual sinks and a walk-in shower. Three additional bedrooms provide flexibility for family, guests, or a home office. Located in Meridiana with resort-style amenities including Oasis Village, Adventure Cove, and Rolling Green Park with an 18-hole putting course, plus pools, trails, and on-site schools. Schedule your showing today.

3. 2026-04-20
   listed $323,000 Active 952-char remark

   Show marketing remark (952 chars)

   MLS# 69177451 - Built By Imagination Homes - Ready Now! ~ Beautiful single-story all-brick home in the highly sought-after Meridiana community featuring 4 bedrooms, 2 baths, and 1,938 sqft of thoughtfully designed living space. The open-concept layout seamlessly connects the kitchen, dining, and family room, creating a bright and functional space ideal for everyday living and entertaining. The kitchen offers a large island, ample cabinetry, and a walk-in pantry overlooking the main living area. The private primary suite is located at the rear and includes a spacious bedroom, walk-in closet, and en-suite bath with dual sinks and a walk-in shower. Three additional bedrooms provide flexibility for family, guests, or a home office. Located in Meridiana with resort-style amenities including Oasis Village, Adventure Cove, and Rolling Green Park with an 18-hole putting course, plus pools, trails, and on-site schools. Schedule your showing today.

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone AO · 0% chance over 30 yrs
• 🔥 Wildfire 7/10 Severe
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°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 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,928
• − Mortgage interest: −$17,813
• − Property taxes: −$4,770
• − Insurance: −$3,058
• − Repairs & maintenance: −$2,314
• − Management: −$2,314
• − HOA: −$1,332
• − Depreciation: −$9,251
• Taxable loss: −$11,924
• Est. tax savings @ 24.0%: +$2,862
• After-tax cash flow: $-3,456/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 · 1 photo

Good 80/100 Cosmetic rehab

This single-story all-brick home in the Meridiana community is in good condition with a good condition score of 80. It is move-in ready with a cosmetic rehab level, and minor updates such as painting and landscaping improvements can further enhance its value.

Value-add opportunities

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhances curb appeal and adds value to the property.
• Resale Kitchen appliances — Upgrading appliances can attract more buyers.
• Resale Bathroom fixtures — Upgrading fixtures can attract more buyers and renters.
• Rental HVAC system maintenance — A well-maintained HVAC system ensures comfort and reduces energy costs for renters.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhances curb appeal and adds value to the property. ↑
• Resale Kitchen appliances — Upgrading appliances can attract more buyers. ↑
• Resale Bathroom fixtures — Upgrading fixtures can attract more buyers and renters. ↑
• Rental HVAC system maintenance — A well-maintained HVAC system ensures comfort and reduces energy costs for renters. ↑

ⓘ 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: Alvin ISD
• NCES district ID: 4808090
• Math proficiency: 39% ▼ -11.00%
• Reading proficiency: 48% ▬ 0.00%
• Median HH income: $66,740
• Composite: 38.96/100
• National rank: #4080
• State rank: #255 of 826 in TX

Livability — Manvel

• Score: 67/100
• State rank: #544
• US rank: #10576

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: Manvel, TX
• County: Brazoria County · 374,982 people
• City population: 30,210
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 30,210
• Household income: $134,016
• Rent vs Own: 16.9% rent · 83.1% own
• Severe rent burden: 93.0

Population outlook (Brazoria County) Hauer SSP2

• Today (2025): 420,414 people
• By 2030: 457,585 · +8.8%
• By 2040: 532,232 · +26.6%
• By 2050: 605,399 · +44.0%
• By 2075: 779,358 · +85.4%
• By 2100: 883,759 · +110.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.73)
• Race & ethnicity: White 36% Black 30% Hispanic / Latino 22% Two or more races 15% Asian 9%
• Hispanic origin (detail): Mexican 18%
• Common ancestry: Norwegian 2% Subsaharan African 2% Scotch-Irish 1%
• Foreign-born: 15% · Canada, China, Vietnam
• Languages at home: 78% English-only · Spanish 13% Tagalog/Filipino 2% Vietnamese 2%

Political lean MEDSL · Brazoria

• 2024 margin: R (+19.7) · D 39.5% · R 59.2% · Other 1.3%
• 2008→2024 swing: +9.9pp toward D · 2008: -29.6pp · 2024: -19.7pp
• All cycles: 2024: R+19.7 2020: R+18.2 2016: R+24.6 2012: R+34.2 2008: R+29.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -154.15%
• Current HPI: 218.4264
• Rent YoY: ▲ 2.77%
• 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

-1.5% since first listed

3 events — show timeline

• 2026-05-14 Pending — HARMLS
• 2026-04-30 Price Changed $318,000 HARMLS
• 2026-04-20 Listed $323,000 HARMLS