11715 Alamo Dr · La Porte, TX
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.13%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 108°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +8.7/15.0
- Cash flow +8.3/30.0
- Schools +3.9/10.0
- Livability +3.5/5.0
- 1% rule +3.4/10.0
- Rent growth +3.2/5.0
- Condition / age +2.5/5.0
- DSCR +2.3/10.0
- Appreciation +0.0/10.0
$225,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This adorable four-bedroom, two bath home in La Porte has been freshly renovated and is ready for its next owner. Inside, you’ll find a bright, updated space with modern touches throughout while still keeping a cozy, inviting feel. The layout is functional and comfortable, making it easy to settle right in. Situated on a large lot, the outdoor space offers plenty of room to enjoy. A covered patio creates the perfect spot to relax, while the mature trees add charm and shade. Out back, you’ll also find a great workshop ideal for hobbies, storage, or extra workspace. A cute, updated home with space inside and out, all in a convenient La Porte location. Brand new air conditioning unit.
Key facts
- Large lot
- Covered patio
- Great workshop
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $225k.
Deal economics
- At list price, monthly cash flow is $-204 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $189k (16.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (15.7% below list).
- Recommended offer: $189k (16.0% below list) — sets the bar for cash-flow.
- Cap rate 5.2% vs local median 3.4% in La Porte — 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 70/100 on livability (#360 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A-; Watch: schools D+, amenities F, commute F.
- La Porte ISD (suburban): math 41% / reading 44% proficiency, ranked #260 of 826 in TX (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising (+2.8%/yr); 337 active listings in the ZIP; solid renter incomes; 29,883 units permitted in Harris County in 2024 (8,621 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 $7k of value loss. Plan a longer hold.
- Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 34 days — a 3% lower offer ($218k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 34 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
- Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.84% ✗
- Cap rate
- 5.21%
- Cash-on-cash
- -3.88%
- DSCR
- 0.83
- GRM
- 9.9
CMA / ARV
- ARV (median comp)
- $231,297
- List price
- $225,000
- Delta
- -2.72%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 11715 Alamo Dr | 0.00mi | 4/2.0 (+1) | 1,225 (0%) | 0mo | $225,000 | $184 | 95 |
| 11731 Bexar Dr | 0.09mi | 3/2.0 | 1,261 (+3%) | 7mo | $212,000 | $168 | 86 |
| 11731 Alamo Dr | 0.05mi | 3/2.0 | 1,274 (+4%) | 8mo | $235,000 | $184 | 85 |
| 11734 Bexar Dr | 0.12mi | 3/2.0 | 1,269 (+4%) | 6mo | $229,990 | $181 | 83 |
| 11707 Bowie Dr | 0.17mi | 3/2.0 | 1,279 (+4%) | 9mo | $245,000 | $192 | 77 |
| 11810 Fieldcrest Dr | 0.60mi | 3/2.0 | 1,215 (-1%) | 1mo | $224,900 | $185 | 69 |
| 10917 San Jacinto Dr | 0.72mi | 3/2.0 | 1,180 (-4%) | 4mo | $250,000 | $212 | 57 |
| 11708 Plainbrook St | 0.49mi | 3/2.0 | 1,296 (+6%) | 19mo | $199,900 | $154 | 52 |
| 11011 Deaf Smith St | 0.68mi | 3/2.0 | 1,277 (+4%) | 15mo | $230,000 | $180 | 49 |
| 11131 Sunset Ridge St | 0.74mi | 3/2.0 | 1,336 (+9%) | 8mo | $285,000 | $213 | 44 |
| 10915 San Jacinto Dr | 0.73mi | 3/1.0 | 1,052 (-14%) | 20mo | $189,900 | $181 | 22 |
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 · 2.81% rent growth · sell at horizon
- IRR
- -23.0%
- Equity multiple
- 0.21×
- Total profit
- $-49,691
- Equity at exit
- $33,548
- IRR
- -17.9%
- Equity multiple
- 0.03×
- Total profit
- $-60,989
- Equity at exit
- $19,454
Cash invested: $63,000 (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
ZIP-level market 77571
- Home prices YoY
- -28.9%
- Rents YoY
- 2.8%
- Active inventory
- 337
- Price-to-rent
- 9.9×
Monthly cashflow live
- Estimated rent
- $1,898 medium interval (Pro) →
- Mortgage (P&I)
- −$1,180
- Tax from tax record
- −$430 /mo · $5,154/yr
- Insurance
- −$94
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$399
- Net cashflow
- $-204
Break-even live
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
- $56,250
- Closing costs
- $6,750
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Listing history 4 events
-
2026-05-12status Pending 702-char remark
Show marketing remark (702 chars)
This adorable four-bedroom, two bath home in La Porte has been freshly renovated and is ready for its next owner. Inside, you’ll find a bright, updated space with modern touches throughout while still keeping a cozy, inviting feel. The layout is functional and comfortable, making it easy to settle right in. Situated on a large lot, the outdoor space offers plenty of room to enjoy. A covered patio creates the perfect spot to relax, while the mature trees add charm and shade. Out back, you’ll also find a great workshop ideal for hobbies, storage, or extra workspace. A cute, updated home with space inside and out, all in a convenient La Porte location. Brand new air conditioning unit.
-
2026-05-04price $225,000 702-char remark
Show marketing remark (702 chars)
This adorable four-bedroom, two bath home in La Porte has been freshly renovated and is ready for its next owner. Inside, you’ll find a bright, updated space with modern touches throughout while still keeping a cozy, inviting feel. The layout is functional and comfortable, making it easy to settle right in. Situated on a large lot, the outdoor space offers plenty of room to enjoy. A covered patio creates the perfect spot to relax, while the mature trees add charm and shade. Out back, you’ll also find a great workshop ideal for hobbies, storage, or extra workspace. A cute, updated home with space inside and out, all in a convenient La Porte location. Brand new air conditioning unit.
-
2026-04-16$235,000 Active 702-char remark
Show marketing remark (702 chars)
This adorable four-bedroom, two bath home in La Porte has been freshly renovated and is ready for its next owner. Inside, you’ll find a bright, updated space with modern touches throughout while still keeping a cozy, inviting feel. The layout is functional and comfortable, making it easy to settle right in. Situated on a large lot, the outdoor space offers plenty of room to enjoy. A covered patio creates the perfect spot to relax, while the mature trees add charm and shade. Out back, you’ll also find a great workshop ideal for hobbies, storage, or extra workspace. A cute, updated home with space inside and out, all in a convenient La Porte location. Brand new air conditioning unit.
-
1997-04-30soldstatus
ⓘ 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
- $5,154 · $430/mo
- Projected year-2 tax
- $5,154 · $430/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) · 13% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 9/10 Extreme 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $22,774
- − Mortgage interest
- −$12,603
- − Property taxes
- −$5,154
- − Insurance
- −$1,125
- − Repairs & maintenance
- −$1,822
- − Management
- −$1,822
- − Depreciation
- −$6,545
- Taxable loss
- −$6,298
- Est. tax savings @ 24.0%
- +$1,512
- After-tax cash flow
- $-936/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
- La Porte ISD
- NCES district ID
- 4826190
- Math proficiency
- 41% ▼ -10.00%
- Reading proficiency
- 44% ▼ -4.00%
- Median HH income
- $71,841
- Composite
- 38.65/100
- National rank
- #4151
- State rank
- #260 of 826 in TX
Livability — La Porte
- Score
- 70/100
- State rank
- #360
- US rank
- #7754
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- La Porte, TX
- County
- Harris County · 4,702,590 people
- City population
- 38,543
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 38,543
- Household income
- $81,850
- Rent vs Own
- Severe rent burden
- 1176.0
Population outlook (Harris County) Hauer SSP2
- Today (2025)
- 5,571,493 people
- By 2030
- 6,089,821 · +9.3%
- By 2040
- 7,142,806 · +28.2%
- By 2050
- 8,185,864 · +46.9%
- By 2075
- 10,574,329 · +89.8%
- By 2100
- 12,109,958 · +117.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.60)
- Race & ethnicity
- White 51% Hispanic / Latino 36% Two or more races 20% Black 8% Asian 1%
- Hispanic origin (detail)
- Mexican 31%
- Common ancestry
- Italian 4% Lithuanian 3% Iranian 1%
- Foreign-born
- 10% · Canada, Vietnam
- Languages at home
- 77% English-only · Spanish 21% Other Indo-European 1%
Political lean MEDSL · Harris
- 2024 margin
- Lean D (+5.5) · D 52.0% · R 46.4% · Other 1.6%
- 2008→2024 swing
- +3.9pp toward D · 2008: 1.6pp · 2024: 5.5pp
- All cycles
- 2024: D+5.5 2020: D+13.3 2016: D+12.4 2012: D+0.1 2008: D+1.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -103.81%
- Current HPI
- 255.0768
- Rent YoY
- ▲ 2.81%
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-4.3% since first listed4 events — show timeline
- 2026-05-12 Pending — HARMLS
- 2026-05-04 Price Changed $225,000 HARMLS
- 2026-04-16 Listed $235,000 HARMLS
- 1997-04-30 Sold (Public Records) — Public Records
Property tax history
+7.4%/yrLatest (2025): $5,154 · +13.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…