113 June Ct · Richwood, TX 77531

$199,900

4 bd · 2.0 ba · 2,091 sqft · SingleFamily public records · 90 Days on market

Built 1983 9,896 sqft lot $96/sqft · 12% below area Est $228k · 12% under

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Why this score? — see what drove the B 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 +25.7/30.0
• ARV discount +13.1/15.0
• DSCR +8.6/10.0
• Appreciation +7.5/10.0
• 1% rule +7.4/10.0
• Livability +3.8/5.0
• Schools +3.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to 113 June Court—tucked away on a quiet cul-de-sac in Richwood, this beautifully maintained two-story home offers the perfect blend of space, comfort, and privacy. Featuring a 2-car attached garage, this home is designed for both everyday living and effortless entertaining. The oversized living room is great for large families or gatherings. The kitchen, updated with granite countertops has ample cabinet storage, and a bright breakfast area and a separate dining room. Upstairs, generously sized bedrooms provide versatility for a growing household, guest rooms, or a dedicated home office. Step outside to a fully fenced backyard with no back neighbors—an ideal setting for relaxing evenings, weekend gatherings, or simply enjoying added privacy. Conveniently located near local schools, shopping, dining, and major commuter routes, this move-in-ready home checks all the boxes for today’s buyer. Don’t miss your opportunity—schedule your private tour today!

Key facts

• Granite countertops
• 9,896 sq ft lot
• 2 garage spots

Tags

• GRANITE COUNTERTOPS
• ABUNDANT CABINET STORAGE
• BRIGHT BREAKFAST AREA
• FULLY FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $478 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $188k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.2% vs local median 2.1% in Richwood — 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 76/100 on livability (#102 in TX, #3,430 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools C-, amenities F, commute F.
• Brazosport ISD (suburban): math 43% / reading 41% proficiency, ranked #305 of 826 in TX (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 115 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 3,960 units permitted in Brazoria County in 2024 (593 in 5+ unit buildings).
• This rent runs 41% of the median local income ($73k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $11k of equity ($1k loan paydown + $10k appreciation (4.9% local appreciation)).
• Brazoria County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.9% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 90 days — a 6% lower offer ($188k) is reasonable based on typical stale-listing flexibility.
• 15 sale attempts since 22y ago; this cycle's ask has dropped $35k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $65k; list at $200k implies a 208% gain — meaningful room to come down on a strong offer.

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 $187,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 90 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.24% ✓
• Cap rate: 9.16%
• Cash-on-cash: 10.24%
• DSCR: 1.46
• GRM: 6.7

CMA / ARV

• ARV (median comp): $228,409
• List price: $199,900
• Delta: -12.48%
• 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
214 N Mahan	0.25mi	4/2.5	2,006 (-4%)	5mo	$369,900	$184	75
64 Poppy Ct	0.46mi	3/2.0 (-1)	2,122 (+2%)	0mo	$499,000	$235	71
111 Sundrop Ln	0.62mi	3/2.0 (-1)	2,058 (-2%)	7mo	$399,999	$194	58
238 Creekside Ln	0.73mi	3/2.0 (-1)	2,058 (-2%)	2mo	$439,900	$214	56
522 Oyster Creek Dr	0.74mi	4/2.5	2,064 (-1%)	10mo	$249,000	$121	53
105 Sundrop Ln	0.59mi	4/2.0	1,914 (-8%)	10mo	$387,500	$202	50
97 Poppy St	0.57mi	3/2.0 (-1)	1,935 (-8%)	10mo	$365,000	$189	48
205 Rock Rose	0.69mi	3/2.0 (-1)	1,972 (-6%)	12mo	$339,900	$172	43
59 Cinnamon Ct	0.71mi	3/2.0 (-1)	1,844 (-12%)	2mo	$374,900	$203	40
308 Rock Rose Ln	0.60mi	3/2.0 (-1)	1,796 (-14%)	4mo	$375,000	$209	40
111 Sleepy Hollow Dr	0.69mi	3/2.0 (-1)	1,910 (-9%)	11mo	$250,000	$131	39
108 Van Winkle St	0.71mi	3/2.0 (-1)	2,372 (+13%)	2mo	$339,900	$143	38

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

Projected returns pro-forma

4.93% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.5%
• Equity multiple: 2.35×
• Total profit: $75,801
• Equity at exit: $112,429

10-year hold

• IRR: 21.2%
• Equity multiple: 4.63×
• Total profit: $203,457
• Equity at exit: $193,337

Cash invested: $55,972 (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 77531

• Home prices YoY: 1.6%
• Active inventory: 115
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $2,486 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$355 /mo · $4,257/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$522
• Net cashflow: $478

Break-even live

Break-even rent $1,881

Max offer price $199,900

Occupancy floor 76%

Sensitivity live

Price	-10% $591	-5% $534	+0% $478	+5% $421	+10% $365
Rent	-10% $281	-5% $379	+0% $478	+5% $576	+10% $674
Rate	-1.0pp $578	-0.5pp $529	base $478	+0.5pp $426	+1.0pp $373

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: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
403 Magnolia Ln Richwood, TX	5.0	3.5	2560	$2,799	$1.09	45d	1	0.83mi
405 Magnolia Ln Richwood, TX	5.0	3.5	2560	$2,799	$1.09	45d	1	0.83mi
406 Magnolia St Lake Jackson, TX	5.0	3.5	2560	$2,799	$1.09	45d	1	0.84mi
407 Magnolia St Lake Jackson, TX	5.0	3.5	2560	$2,799	$1.09	4d	1	0.84mi
409 Magnolia Ln Richwood, TX	5.0	3.5	2560	$2,799	$1.09	4d	1	0.85mi
410 Magnolia Ln Lake Jackson, TX	5.0	3.5	2560	$2,799	$1.09	14d	1	0.86mi
412 Magnolia St Lake Jackson, TX	5.0	3.5	2560	$2,799	$1.09	25d	1	0.86mi
416 Magnolia Ln Richwood, TX	5.0	3.5	2560	$2,799	$1.09	16d	1	0.88mi
418 Magnolia St Lake Jackson, TX	5.0	3.5	2560	$2,799	$1.09	4d	1	0.89mi
422 Magnolia Ln Lake Jackson, TX	5.0	3.5	2560	$2,799	$1.09	0d	1	0.92mi
428 Magnolia Ln Lake Jackson, TX	5.0	3.5	2560	$2,799	$1.09	0d	1	0.95mi
118 Tamarind St Lake Jackson, TX	3.0	2.0	1900	$2,200	$1.16	8d	1	1.30mi

Listing history 49 events

1. 2026-06-21
   days on market $199,900 Active 90 DOM
2. 2026-06-18
   days on market $199,900 Active 87 DOM
3. 2026-06-17
   days on market $199,900 Active 86 DOM
4. 2026-06-16
   days on market $199,900 Active 85 DOM
5. 2026-06-15
   status $199,900 Active 84 DOM
6. 2026-06-15
   days on market $199,900 Pending 84 DOM
7. 2026-06-13
   days on market $199,900 Pending 82 DOM
8. 2026-06-09
   days on market $199,900 Pending 78 DOM
9. 2026-06-08
   days on market $199,900 Pending 77 DOM
10. 2026-06-07
    statusdays on market $199,900 Pending 76 DOM
11. 2026-06-04
    pricedays on market $199,900 Active 73 DOM
12. 2026-06-03
    days on market $224,900 Active 72 DOM
13. 2026-06-02
    days on market $224,900 Active 71 DOM
14. 2026-06-01
    days on market $224,900 Active 70 DOM
15. 2026-05-31
    days on market $224,900 Active 69 DOM
16. 2026-05-13
    price $224,900 1011-char remark

    Show marketing remark (1011 chars)

    Welcome to 113 June Court—tucked away on a quiet cul-de-sac in Richwood, this beautifully maintained two-story home offers the perfect blend of space, comfort, and privacy. Featuring a 2-car attached garage, this home is designed for both everyday living and effortless entertaining. The oversized living room is great for large families or gatherings. The kitchen, updated with granite countertops has ample cabinet storage, and a bright breakfast area and a separate dining room. Upstairs, generously sized bedrooms provide versatility for a growing household, guest rooms, or a dedicated home office. Step outside to a fully fenced backyard with no back neighbors—an ideal setting for relaxing evenings, weekend gatherings, or simply enjoying added privacy. Conveniently located near local schools, shopping, dining, and major commuter routes, this move-in-ready home checks all the boxes for today’s buyer. Don’t miss your opportunity—schedule your private tour today!

17. 2026-03-23
    listed $234,900 Active 1011-char remark

    Show marketing remark (1011 chars)

    Welcome to 113 June Court—tucked away on a quiet cul-de-sac in Richwood, this beautifully maintained two-story home offers the perfect blend of space, comfort, and privacy. Featuring a 2-car attached garage, this home is designed for both everyday living and effortless entertaining. The oversized living room is great for large families or gatherings. The kitchen, updated with granite countertops has ample cabinet storage, and a bright breakfast area and a separate dining room. Upstairs, generously sized bedrooms provide versatility for a growing household, guest rooms, or a dedicated home office. Step outside to a fully fenced backyard with no back neighbors—an ideal setting for relaxing evenings, weekend gatherings, or simply enjoying added privacy. Conveniently located near local schools, shopping, dining, and major commuter routes, this move-in-ready home checks all the boxes for today’s buyer. Don’t miss your opportunity—schedule your private tour today!

18. 2026-03-23
    historical

    Show marketing remark (1011 chars)

    Welcome to 113 June Court—tucked away on a quiet cul-de-sac in Richwood, this beautifully maintained two-story home offers the perfect blend of space, comfort, and privacy. Featuring a 2-car attached garage, this home is designed for both everyday living and effortless entertaining. The oversized living room is great for large families or gatherings. The kitchen, updated with granite countertops has ample cabinet storage, and a bright breakfast area and a separate dining room. Upstairs, generously sized bedrooms provide versatility for a growing household, guest rooms, or a dedicated home office. Step outside to a fully fenced backyard with no back neighbors—an ideal setting for relaxing evenings, weekend gatherings, or simply enjoying added privacy. Conveniently located near local schools, shopping, dining, and major commuter routes, this move-in-ready home checks all the boxes for today’s buyer. Don’t miss your opportunity—schedule your private tour today!

19. 2026-02-11
    listed $234,900 Active
20. 2026-02-11
    historical
21. 2026-01-15
    listed $244,900 Active
22. 2026-01-15
    historical
23. 2025-12-23
    listed $244,900 Active
24. 2025-12-23
    historical
25. 2025-12-03
    listed $244,900 Active
26. 2025-12-03
    historical
27. 2025-11-07
    listed $244,900 Active
28. 2025-11-07
    historical
29. 2025-10-10
    listed $244,900 Active
30. 2025-07-29
    historical $1,950
31. 2025-07-08
    listed $1,950
32. 2024-10-03
    historical $1,850
33. 2024-10-02
    historical
34. 2024-09-18
    listed $1,850
35. 2024-09-17
    status Active
36. 2024-09-12
    historical $1,850
37. 2024-09-11
    status Option Pending
38. 2024-09-10
    listed $1,850
39. 2024-09-09
    listed $199,900 Active
40. 2023-09-18
    historical $2,150
41. 2023-08-23
    listed $2,150
42. 2023-08-10
    historical
43. 2023-07-22
    listed $229,900 Active
44. 2023-07-07
    historical
45. 2020-07-24
    soldstatus
46. 2005-08-31
    soldstatus
47. 2005-03-14
    historical
48. 2004-09-14
    listed $114,500
49. 1994-07-27
    soldstatus $65,000

ⓘ 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: $4,257 · $355/mo
• Projected year-2 tax: $4,257 · $355/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) · 23% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥114°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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,834
• − Mortgage interest: −$11,198
• − Property taxes: −$4,257
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,387
• − Management: −$2,387
• − Depreciation: −$5,815
• Taxable income: $2,791
• Est. tax owed @ 24.0%: −$670
• After-tax cash flow: $5,063/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: Brazosport ISD
• NCES district ID: 4811190
• Math proficiency: 43% ▼ -6.00%
• Reading proficiency: 41% ▼ -2.00%
• Median HH income: $57,024
• Composite: 36.84/100
• National rank: #4557
• State rank: #305 of 826 in TX

Livability — Richwood

• Score: 76/100
• State rank: #102
• US rank: #3430

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Richwood, TX
• County: Brazoria County · 374,982 people
• City population: 16,260
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 16,406
• Household income: $73,240
• Rent vs Own: 47.7% rent · 52.3% own
• Severe rent burden: 424.0

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: Diverse neighborhood (Simpson 0.60)
• Race & ethnicity: Hispanic / Latino 52% White 34% Two or more races 23% Black 10%
• Hispanic origin (detail): Mexican 44%
• Common ancestry: Iranian 1% Slovak 1% Romanian 1%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 67% English-only · Spanish 32% Other Indo-European 1%

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: ▲ 4.93%
• Current HPI: 307.8644
• Rent YoY: —
• 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

+246.0% since first listed

34 events — show timeline

• 2026-05-13 Price Changed $224,900 HARMLS
• 2026-03-23 Listing Removed — HARMLS
• 2026-03-23 Listed $234,900 HARMLS
• 2026-02-11 Listing Removed — HARMLS
• 2026-02-11 Listed $234,900 HARMLS
• 2026-01-15 Listing Removed — HARMLS
• 2026-01-15 Listed $244,900 HARMLS
• 2025-12-23 Listing Removed — HARMLS
• 2025-12-23 Listed $244,900 HARMLS
• 2025-12-03 Listing Removed — HARMLS
• 2025-12-03 Listed $244,900 HARMLS
• 2025-11-07 Listing Removed — HARMLS
• 2025-11-07 Listed $244,900 HARMLS
• 2025-10-10 Listed $244,900 HARMLS
• 2025-07-29 Rental Removed $1,950 HARMLS
• 2025-07-08 Listed for Rent $1,950 HARMLS
• 2024-10-03 Rental Removed $1,850 HARMLS
• 2024-10-02 Listing Removed — HARMLS
• 2024-09-18 Listed for Rent $1,850 HARMLS
• 2024-09-17 Relisted — HARMLS
• 2024-09-12 Rental Removed $1,850 HARMLS
• 2024-09-11 Pending — HARMLS
• 2024-09-10 Listed for Rent $1,850 HARMLS
• 2024-09-09 Listed $199,900 HARMLS
• 2023-09-18 Rental Removed $2,150 HARMLS
• 2023-08-23 Listed for Rent $2,150 HARMLS
• 2023-08-10 Listing Removed — HARMLS
• 2023-07-22 Listed $229,900 HARMLS
• 2023-07-07 Coming Soon — HARMLS
• 2020-07-24 Sold (Public Records) — Public Records
• 2005-08-31 Sold (Public Records) — Public Records
• 2005-03-14 Listing Removed — HARMLS
• 2004-09-14 Listed $114,500 HARMLS
• 1994-07-27 Sold (Public Records) $65,000 Public Records

Property tax history

+2.5%/yr

Latest (2025): $4,257 · -0.6% YoY. Source: county tax records.