CashFlowRE
Sign in Sign up
11715 Alamo Dr
D- Composite 35.85
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

11715 Alamo Dr · La Porte, TX 77571
3 bd · 2.0 ba · 1,225 sqft · SingleFamily public records · 34 Days on market
Built 1979 7,148 sqft lot $184/sqft · at area comps Est $231k · at est. ↓ 4% since listing

🖨 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

FRESHLY RENOVATEDLARGE LOTCOVERED PATIOMATURE TREESGREAT WORKSHOPCONVENIENT LA PORTE LOCATION

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $188,973 (16.0% 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 34 days. Have you received any prior offers? Is the seller open to a 16% concession, seller financing, or rate buy-down credit?
  3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  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
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

5-year hold
IRR
-23.0%
Equity multiple
0.21×
Total profit
$-49,691
Equity at exit
$33,548
10-year hold
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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

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

Break-even rent $2,156
Max offer price $188,973
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
$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

  1. 2026-05-12
    status 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.

  2. 2026-05-04
    price $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.

  3. 2026-04-16
    listed $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.

  4. 1997-04-30
    soldstatus

ⓘ 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
combined federal + state — saved on this device
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

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

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
27.9% rent · 72.1% 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

Price history

-4.3% since first listed
4 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%/yr

Latest (2025): $5,154 · +13.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…