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185 Seven Seas Dr
C Composite 58.79
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 +18.6/30.0
  • ARV discount +15.0/15.0
  • DSCR +5.8/10.0
  • 1% rule +5.4/10.0
  • Condition / age +4.0/5.0
  • Schools +3.8/10.0
  • Livability +3.8/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$181,999

185 Seven Seas Dr · Kyle, TX 78640
3 bd · 2.0 ba · 1,380 sqft · SingleFamily · 50 Days on market
Built 2026 Good condition 4,356 sqft lot $132/sqft · 37% below area Est $289k · 37% under $60/mo HOA · 3% of rent ↓ 5% since listing

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

Listing remarks MLS

This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, which are comfortable spaces for household members and overnight guests.

Key facts

  • Walk-in closet
  • Open floorplan
  • Secondary bedrooms

Tags

OPEN FLOORPLANOWNER'S SUITEEN-SUITE BATHROOMWALK-IN CLOSETSECONDARY BEDROOMS

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $182k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $176 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $182k).
  • Recommended offer: $177k (3.0% below list) — sets the bar for market timing.
  • Cap rate 7.5% vs local median 3.3% in Kyle — 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 75/100 on livability (#138 in TX, #3,993 nationally) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, employment A; Watch: amenities F, commute F.
  • Hays CISD (rural): math 35% / reading 41% proficiency, ranked #390 of 826 in TX (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Blanco Vista El (math 33% / reading 42%, grade F, #1,744 of 4,322 statewide, top 41%, 731 students, 58% FRL); Laura B Wallace Middle (math 31% / reading 34%, grade F, #947 of 1,662 statewide, top 58%, 789 students, 53% FRL); Lehman H S (math 20% / reading 32%, grade F, #1,234 of 1,632 statewide, top 76%, 2,120 students, 59% FRL).
  • Market conditions: Rents soft (-0.3%/yr); 2407 active listings in the ZIP; 34 comparable units currently listed for rent nearby; rentals lingering (median 95d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 79% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 5,270 units permitted in Hays County in 2024 (1,464 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Hays County population projected at +93% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 50 days — a 3% lower offer ($177k) is reasonable based on typical stale-listing flexibility.
  • 4 sale attempts; this cycle's ask has dropped $22k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $176,539 (3.0% below list)

Questions for the listing agent

  1. It's been on market 50 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. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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
1.04%
Cap rate
7.45%
Cash-on-cash
4.15%
DSCR
1.18
GRM
8.0

CMA / ARV

ARV (median comp)
$289,341
List price
$181,999
Delta
-31.91%
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
111 Jura Pass 0.68mi 3/2.0 1,380 (0%) 1mo $203,999 $148 67
142 Haw Branch Vw 0.54mi 3/2.5 1,427 (+3%) 2mo $229,990 $161 66
576 Avre Loop 0.58mi 3/2.0 1,450 (+5%) 2mo $209,490 $144 63
438 Sormonne Loop 0.69mi 3/2.5 1,427 (+3%) 2mo $209,999 $147 58
428 Sormonne Loop 0.69mi 3/2.0 1,450 (+5%) 2mo $212,999 $147 58
220 Sambre St 0.74mi 3/2.5 1,427 (+3%) 2mo $239,490 $168 56
460 Sormonne Loop 0.72mi 3/2.5 1,427 (+3%) 3mo $214,999 $151 56
184 Meuse Ln 0.74mi 3/2.5 1,427 (+3%) 4mo $219,999 $154 55
150 Meuse Ln 0.74mi 3/2.0 1,450 (+5%) 4mo $215,999 $149 54
125 Evening Dusk Dr 0.50mi 4/2.0 (+1) 1,515 (+10%) 3mo $270,000 $178 53
446 Sormonne Loop 0.70mi 3/2.0 1,230 (-11%) 3mo $196,999 $160 47
456 Sormonne Loop 0.72mi 3/2.0 1,230 (-11%) 4mo $194,999 $159 45

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-13.4%
Equity multiple
0.53×
Total profit
$-23,748
Equity at exit
$27,137
10-year hold
IRR
-10.3%
Equity multiple
0.46×
Total profit
$-27,383
Equity at exit
$15,736

Cash invested: $50,960 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
28 active · 30 under contract
Months of supply
7.0 mo (14%/mo absorbed)
Median asking
$215,249 ($158/sqft)
Median days on market
39 d
This list price
11% of active listings are priced below it
ARV vs active asking
+33.0% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 78640

Home prices YoY
-33.8%
Rents YoY
-0.3%
Active inventory
2407
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$1,891 high interval (Pro) →
Mortgage (P&I)
$954
Tax est. 1.5%
$227 /mo · $2,730/yr
Insurance
$76
HOA
$60
Vacancy / Maint / Mgmt
$397
Net cashflow
$176

Break-even live

Break-even rent $1,668
Max offer price $181,999
Occupancy floor 86%

Sensitivity live

Price -10% $302 -5% $239 +0% $176 +5% $113 +10% $50
Rent -10% $27 -5% $101 +0% $176 +5% $251 +10% $326
Rate -1.0pp $268 -0.5pp $222 base $176 +0.5pp $129 +1.0pp $81

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
$45,500
Closing costs
$5,460
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 34 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
126 Avre Loop Kyle, TX 3.0 2.0 1230 $1,700 $1.38 139d 1 0.29mi
303 Alamito Ave Kyle, TX 3.0 2.0 1644 $2,000 $1.22 56d 1 0.40mi
1689 Woodlands Dr Kyle, TX 4.0 2.0 1515 $1,850 $1.22 139d 1 0.41mi
224 Blooming Trl Kyle, TX 4.0 2.0 1494 $1,995 $1.34 9d 1 0.41mi
224 Blooming Trl Kyle, TX 4.0 2.0 1515 $2,100 $1.39 88d 1 0.41mi
149 Red Sun Dr Kyle, TX 3.0 2.0 1421 $1,850 $1.30 106d 1 0.51mi
160 Night Sky Dr Kyle, TX 3.0 2.0 1410 $1,800 $1.28 100d 1 0.54mi
572 Avre Loop Kyle, TX 3.0 2.5 1434 $1,695 $1.18 9d 1 0.56mi
586 Evening Star Kyle, TX 4.0 2.0 1836 $2,100 $1.14 6d 1 0.63mi
283 Silver glen Dr Unit 1 Niederwald, TX 3.0 2.0 1726 $1,800 $1.04 88d 1 0.65mi
1441 Star Mdw Kyle, TX 3.0 2.0 1607 $1,900 $1.18 94d 1 0.65mi
127 Jura Pass Kyle, TX 4.0 2.0 1500 $1,800 $1.20 9d 1 0.68mi
446 Sormonne Loop Kyle, TX 3.0 2.0 1230 $1,699 $1.38 42d 1 0.69mi
147 Otter Rd Kyle, TX 3.0 2.0 1622 $1,850 $1.14 108d 1 0.72mi
190 Sormonne Loop Kyle, TX 3.0 2.0 1450 $1,650 $1.14 119d 1 0.72mi
240 Sambre St Kyle, TX 3.0 2.0 1200 $1,625 $1.35 88d 1 0.74mi
195 Salt Springs Rd Kyle, TX 4.0 2.0 1818 $2,100 $1.16 113d 1 0.74mi
148 River Rise Rd Kyle, TX 4.0 2.0 1622 $1,800 $1.11 139d 1 0.75mi
111 Cermeno Cv Kyle, TX 4.0 2.5 1660 $1,675 $1.01 4d 1 1.01mi
213 Connor Elkins Dr Kyle, TX 3.0 2.0 1684 $1,950 $1.16 74d 1 1.15mi
310 Fossil Dr Kyle, TX 3.0 2.0 1602 $2,000 $1.25 100d 1 1.21mi
261 New Bridge Dr Kyle, TX 4.0 2.0 1368 $1,849 $1.35 139d 1 1.27mi
400 Gina Dr Kyle, TX 3.0 2.0 1592 $1,695 $1.06 77d 1 1.28mi
240 New Country Rd Kyle, TX 3.0 2.0 1106 $1,650 $1.49 107d 1 1.33mi
240 New Country Rd Kyle, TX 3.0 2.0 1106 $1,650 $1.49 97d 1 1.33mi
187 Rummel Dr Kyle, TX 3.0 2.0 1240 $1,795 $1.45 139d 1 1.36mi
160 Rummel Dr Kyle, TX 3.0 2.0 1368 $1,799 $1.32 42d 1 1.39mi
510 New Bridge Dr Kyle, TX 4.0 2.0 1359 $1,695 $1.25 139d 1 1.41mi
105 Fossil Dr Kyle, TX 4.0 2.0 1688 $2,100 $1.24 63d 1 1.41mi
105 Fossil Dr Kyle, TX 4.0 2.0 1688 $1,995 $1.18 9d 1 1.41mi
1259 Delta Crst Maxwell, TX 4.0 2.0 1522 $1,695 $1.11 113d 1 1.43mi
270 Sheep Trail Dr Kyle, TX 3.0 2.0 1584 $1,785 $1.13 139d 1 1.44mi
164 Cinnabar Ln #1 Kyle, TX 3.0 2.5 1714 $1,750 $1.02 42d 1 1.49mi
164 Cinnabar Ln #4 Kyle, TX 3.0 2.5 1479 $1,699 $1.15 9d 1 1.49mi

Property features AI

Finance

HOA & community
Part of Waterstone HOAHOA fee approximately $60 monthly covering common area and grounds maintenanceCommunity amenities include clubhouse, fitness center, lake, playground, park, pool, trails/paths, and community mailbox

Exterior

Utilities
Electricity availablePublic water connectedPublic sewer connected
Home design
Single-story homeUnder constructionNorthwest-facing
Construction
Built by LennarHardiPlank and masonry exteriorComposition roofSlab foundation
Exterior features
Private yardFront yardBack yardCorner lotFront porchPrivacy fencingCommunity poolHas a view (northwest)

Interior

Kitchen
DishwasherRange
Bedrooms
Three main-level bedrooms
Flooring
CarpetVinyl
Bathrooms
Two full bathrooms
Heating & cooling
Central heatingCentral air conditioning
Interior features
Kitchen islandOpen floorplanMain level primary suiteWalk-in closet(s)Blinds
Laundry & utility
Dedicated laundry room

Listing history 50 events

  1. 2026-09-24
    days on market $181,999 Active 50 DOM
  2. 2026-09-23
    days on market $181,999 Active 49 DOM
  3. 2026-09-22
    pricedays on market $181,999 Active 48 DOM
  4. 2026-09-21
    pricedays on market $191,999 Active 47 DOM
  5. 2026-09-20
    days on market $186,999 Active 46 DOM
  6. 2026-09-19
    days on market $186,999 Active 45 DOM
  7. 2026-09-18
    pricedays on market $186,999 Active 44 DOM
  8. 2026-09-17
    days on market $196,999 Active 43 DOM
  9. 2026-09-16
    days on market $196,999 Active 42 DOM
  10. 2026-09-15
    days on market $196,999 Active 41 DOM
  11. 2026-09-14
    days on market $196,999 Active 40 DOM
  12. 2026-09-13
    days on market $196,999 Active 39 DOM
  13. 2026-09-12
    days on market $196,999 Active 38 DOM
  14. 2026-09-11
    days on market $196,999 Active 37 DOM
  15. 2026-09-05
    days on market $196,999 Active 31 DOM
  16. 2026-09-04
    days on market $196,999 Active 30 DOM
  17. 2026-09-03
    pricedays on market $196,999 Active 29 DOM
  18. 2026-08-31
    days on market $200,999 Active 26 DOM
  19. 2026-08-30
    days on market $200,999 Active 25 DOM
  20. 2026-08-29
    days on market $200,999 Active 24 DOM
  21. 2026-08-28
    days on market $200,999 Active 23 DOM
  22. 2026-08-27
    pricedays on market $200,999 Active 22 DOM
  23. 2026-08-25
    days on market $203,999 Active 20 DOM
  24. 2026-08-24
    days on market $203,999 Active 19 DOM
  25. 2026-08-23
    days on market $203,999 Active 18 DOM
  26. 2026-08-22
    days on market $203,999 Active 17 DOM
  27. 2026-08-21
    days on market $203,999 Active 16 DOM
  28. 2026-08-20
    days on market $203,999 Active 15 DOM
  29. 2026-08-19
    days on market $203,999 Active 14 DOM
  30. 2026-08-18
    days on market $203,999 Active 13 DOM
  31. 2026-08-17
    days on market $203,999 Active 12 DOM
  32. 2026-08-16
    days on market $203,999 Active 11 DOM
  33. 2026-08-15
    days on market $203,999 Active 10 DOM
  34. 2026-08-14
    days on market $203,999 Active 9 DOM
  35. 2026-08-13
    days on market $203,999 Active 8 DOM
  36. 2026-08-11
    days on market $203,999 Active 6 DOM
  37. 2026-08-10
    days on market $203,999 Active 5 DOM
  38. 2026-08-09
    days on market $203,999 Active 4 DOM
  39. 2026-08-08
    days on market $203,999 Active 3 DOM
  40. 2026-08-05
    remarks 601-char remark
  41. 2026-08-05
    days on marketlisting id $203,999 Active 1 DOM
  42. 2026-08-05
    days on market $203,999 Active 29 DOM
  43. 2026-08-04
    days on market $203,999 Active 28 DOM
  44. 2026-08-03
    days on market $203,999 Active 27 DOM
  45. 2026-07-31
    days on market $203,999 Active 24 DOM
  46. 2026-07-30
    days on market $203,999 Active 22 DOM
  47. 2026-07-24
    days on market $203,999 Active 21 DOM
    Show marketing remark (399 chars)

    This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms at the front of the home, which are comfortable spaces for household members and overnight guests.

  48. 2026-07-23
    days on market $203,999 Active 20 DOM
  49. 2026-07-22
    days on market $203,999 Active 19 DOM
  50. 2026-07-21
    days on market $203,999 Active 18 DOM

ⓘ 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 X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
$22,692
− Mortgage interest
−$10,195
− Property taxes
−$2,730
− Insurance
−$910
− Repairs & maintenance
−$1,815
− Management
−$1,815
− HOA
−$720
− Depreciation
−$5,295
Taxable loss
−$788
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$189
After-tax cash flow
$2,303/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

Good 80/100 None rehab

This single-level home is in excellent condition with a spacious open floorplan and modern finishes. It is move-in ready and has the potential for further value increases with minor updates.

Value-add opportunities

  • Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics
  • Both Landscaping and curb appeal improvements — Enhances curb appeal and can attract more buyers
  • Both Add smart home features — Improves convenience and can increase property value
  • Both Add a smart thermostat — Improves energy efficiency and can increase property value
F Composite school gradezoned avg 38/100

Zoned Schools

Elementary Blanco Vista El F TX #1,744/4,322 Nat'l #21,283/41,679 Middle Laura B Wallace Middle F TX #947/1,662 Nat'l #8,188/14,009 High Jack C Hays H S F TX #697/1,632 Nat'l #7,320/17,239

Schools (NCES district)

District
Hays CISD
NCES district ID
4800010
Math proficiency
35% ▼ -15.00%
Reading proficiency
41% ▼ -5.00%
Median HH income
$70,570
Composite
34.78/100
National rank
#5118
State rank
#390 of 826 in TX
B Composite livability gradescore 75/100

Livability — Kyle

Score
75/100
State rank
#138
US rank
#3993

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Hays County · 286,948 people
Metro
Austin-Round Rock-Georgetown, TX
Population (ZIP)
77,531
Household income
$90,075
Rent vs Own
29.0% rent · 71.0% own
Severe rent burden
11% of renters

Population outlook (Hays County) Hauer SSP2

Today (2025)
286,948 people
By 2030
336,923 · +17.4%
By 2040
441,894 · +54.0%
By 2050
553,462 · +92.9%
By 2075
838,261 · +192.1%
By 2100
1,063,658 · +270.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.56)
Race & ethnicity
Hispanic / Latino 55% White 36% Two or more races 29% Black 5% Native American 1%
Hispanic origin (detail)
Mexican 47% Puerto Rican 1%
Common ancestry
Italian 2% Slovak 2% Lithuanian 1%
Foreign-born
13% · Canada
Languages at home
63% English-only · Spanish 35%

Political lean MEDSL · Hays

2024 margin
Lean D (+5.7) · D 52.1% · R 46.5% · Other 1.4%
2008→2024 swing
+7.7pp toward D · 2008: -2.0pp · 2024: 5.7pp
All cycles
2024: D+5.7 2020: D+10.8 2016: R+0.9 2012: R+10.4 2008: R+2.0

Not yet ingested

Civics

Price history

-5.1% since first listed
9 events — show timeline
  • 2026-08-05 Listed $203,999 Unlock MLS
  • 2026-07-28 Relisted Zillow
  • 2026-07-24 Delisted Zillow
  • 2026-07-15 Price Changed $203,999 Zillow
  • 2026-07-14 Relisted Zillow
  • 2026-07-14 Price Changed $223,999 Zillow
  • 2026-06-26 Delisted Zillow
  • 2026-06-18 Price Changed $204,999 Zillow
  • 2026-06-15 Listed $214,999 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…