🏗️ New Construction
21626 Carbonari Dr · Tomball, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +7.5/15.0
- Cash flow +5.3/30.0
- Condition / age +4.0/5.0
- Livability +3.8/5.0
- Schools +3.7/10.0
- Rent growth +2.3/5.0
- 1% rule +1.4/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$288,990
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This new four-bedroom home offers convenient single-floor living. An open-concept design blends the kitchen, dining room and family room for optimal multitasking and everyday transitions. A nearby covered patio provides effortless outdoor recreation. Three secondary bedrooms are tucked away to the side of the home, and the luxurious owner's suite is nestled into a private rear corner, complete with a full bathroom and walk-in closet.
Key facts
- Open-concept design
- Full bathroom
- Walk-in closet
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/3.0-bath single-family listed at $289k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-771 ($-9k/yr) — negative.
- To cash-flow at today's rent, offer at most $236k (18.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (22.7% below list).
- Recommended offer: $223k (22.7% below list) — sets the bar for 1% rule.
- Cap rate 3.6% vs local median 3.0% in Tomball — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 75/100 on livability (#155 in TX, #4,239 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: amenities F, commute F.
- Waller ISD (rural): math 30% / reading 35% proficiency, ranked #532 of 826 in TX (top 64%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Evelyn Turlington El (math 46% / reading 45%, grade D-, #1,112 of 4,322 statewide, top 26%, 1,084 students, 69% FRL); Schultz J H (math 31% / reading 37%, grade F, #892 of 1,662 statewide, top 55%, 1,120 students, 65% FRL); Waller H S (math 25% / reading 40%, grade F, #1,029 of 1,632 statewide, top 64%, 2,639 students, 62% FRL).
- Market conditions: Rents soft (-0.7%/yr); 905 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals lingering (median 43d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 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 $10k 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 86 days — a 6% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
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 86 days. Have you received any prior offers? Is the seller open to a 23% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- 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
- 0.64% ✗
- Cap rate
- 3.63%
- Cash-on-cash
- -9.51%
- DSCR
- 0.58
- GRM
- 13.0
CMA / ARV
- ARV (median comp)
- $347,217
- List price
- $288,990
- Delta
- -16.11%
- Verdict
- UNDERPRICED
- Comps
- 20 within 2.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 19214 Saint Green Dr | 0.00mi | 3/2.0 (-1) | 1,876 (+0%) | 0mo | $261,990 | $140 | 90 |
| 19222 Saint Green Dr | 0.00mi | 4/2.5 | 1,984 (+6%) | 1mo | $272,990 | $138 | 87 |
| 22103 La Scorza Dr | 0.00mi | 3/2.0 (-1) | 1,908 (+2%) | 0mo | $305,990 | $160 | 87 |
| 22115 La Scorza Dr | 0.01mi | 3/2.0 (-1) | 1,908 (+2%) | 0mo | $304,990 | $160 | 87 |
| 21630 Carbonari Dr | 0.00mi | 3/2.0 (-1) | 1,724 (-8%) | 0mo | $268,991 | $156 | 78 |
| 21930 Terre Riviera Dr | 0.12mi | 4/2.5 | 2,042 (+9%) | 0mo | $285,990 | $140 | 76 |
| 19646 Costa Marra Dr | 0.00mi | 4/2.0 | 1,644 (-12%) | 0mo | $250,000 | $152 | 76 |
| 22211 Senoma Ridge Dr | 0.35mi | 4/2.0 | 1,820 (-3%) | 0mo | $298,000 | $164 | 75 |
| 19646 Costa Marra Dr | 0.02mi | 4/2.0 | 1,644 (-12%) | 0mo | $265,990 | $162 | 75 |
| 22119 La Scorza Dr | 0.00mi | 3/2.0 (-1) | 1,600 (-14%) | 0mo | $276,990 | $173 | 67 |
| 22107 La Scorza Dr | 0.00mi | 3/2.0 (-1) | 1,600 (-14%) | 0mo | $275,990 | $172 | 67 |
| 21015 Solstice Point Dr | 0.69mi | 3/2.0 (-1) | 1,611 (-14%) | 0mo | $249,900 | $155 | 36 |
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
- IRR
- -36.8%
- Equity multiple
- -0.15×
- Total profit
- $-111,768
- Equity at exit
- $51,771
- IRR
- -77.1%
- Equity multiple
- -0.91×
- Total profit
- $-185,335
- Equity at exit
- $30,021
Cash invested: $97,221 (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
Active competition Active MLS
- For sale now
- 298 active · 116 under contract
- Months of supply
- 11.6 mo (9%/mo absorbed)
- Median asking
- $305,990 ($164/sqft)
- Median days on market
- 101 d
- This list price
- 30% of active listings are priced below it
- ARV vs active asking
- +13.2% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 77377
- Home prices YoY
- -24.5%
- Rents YoY
- -0.7%
- Active inventory
- 905
- Price-to-rent
- 10.8×
Monthly cashflow live
- Estimated rent
- $2,233 high interval (Pro) →
- Mortgage (P&I)
- −$1,821
- Tax est. 1.5%
- −$434 /mo · $5,208/yr
- Insurance
- −$145
- HOA
- −$135
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$469
- Net cashflow
- $-771
Break-even live
Sensitivity live
| Price | -10% $-531 | -5% $-651 | +0% $-771 | +5% $-891 | +10% $-1,011 |
|---|---|---|---|---|---|
| Rent | -10% $-947 | -5% $-859 | +0% $-771 | +5% $-682 | +10% $-594 |
| Rate | -1.0pp $-596 | -0.5pp $-682 | base $-771 | +0.5pp $-861 | +1.0pp $-952 |
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
- $86,804
- Closing costs
- $10,417
- Club membership (one-time)
- —
- 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 10 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 22215 Scarlino Dr Hockley, TX | 3.0 | 2.0 | 2099 | $2,300 | $1.10 | 42d | 1 | 0.20mi |
| 20722 Nala Bear Dr Hockley, TX | 5.0 | 2.5 | 2593 | $2,100 | $0.81 | 37d | 1 | 0.42mi |
| 22222 Opa Glen Dr Hockley, TX | 4.0 | 3.0 | 2609 | $2,850 | $1.09 | 93d | 1 | 0.46mi |
| 22154 Lost Lantern Dr Hockley, TX | 3.0–4.0 | 2.0 | 1601 | $2,180 | $1.36 | 2d | 5 | 0.48mi |
| 20703 Solstice Point Dr Hockley, TX | 3.0 | 2.0 | 1912 | $1,766 | $0.92 | 36d | 1 | 0.49mi |
| 20802 Echo Manor Dr Hockley, TX | 3.0 | 2.0 | 1576 | $1,666 | $1.06 | 42d | 1 | 0.57mi |
| 20718 Round Key Dr Hockley, TX | 4.0 | 2.5 | 2133 | $1,806 | $0.85 | 48d | 1 | 0.68mi |
| 21210 Echo Manor Dr Hockley, TX | 4.0 | 2.5 | 2221 | $2,150 | $0.97 | 52d | 1 | 0.79mi |
| 20313 Evergreen Cypress Dr Hockley, TX | 2.0–5.0 | 2.0–3.5 | 2051 | $2,712 | $1.32 | 0d | 1 | 0.92mi |
| 22719 Klingamans Way Hockley, TX | 3.0 | 2.0 | 1416 | $1,589 | $1.12 | 38d | 1 | 0.94mi |
Property features AI
Finance
- HOA & community
- Managed by RealManage Onsite ElevatedCommunity amenities: clubhouse, sport court, fitness center, picnic area, park, pool, tennis courtsAnnual association fee
Exterior
- Parking
- Attached 2-car garage
- Utilities
- Public waterPublic sewer
- Home design
- Residential propertyUnder construction (new construction)Slab foundation
- Construction
- Built by Lennar HomesBrick exteriorComposition roofEstimated year built 2026
- Exterior features
- Fence with backyard fencingSubdivision lot settingAssociation pool
Interior
- Kitchen
- DishwasherElectric oven and electric rangeGas oven and gas range
- Bedrooms
- Primary bedroom on first floor (approx. 14 x 13)Three additional bedrooms on first floor (each approx. 10 x 11)
- Flooring
- CarpetVinyl
- Bathrooms
- 3 full bathrooms
- Heating & cooling
- Central heating (electric and gas)Central air conditioning (electric and gas)
- Interior features
- Breakfast barDouble vanityKitchen and family room combinedSeparate showerTub with showerKitchen and dining combined
- Laundry & utility
- Washer hookupElectric dryer hookupGas dryer hookup
Listing history 50 events
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2026-08-08days on market $288,990 Active 86 DOM
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2026-08-06days on market $288,990 Active 84 DOM
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2026-08-05days on market $288,990 Active 83 DOM
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2026-08-04days on market $288,990 Active 82 DOM
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2026-08-03days on market $288,990 Active 81 DOM
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2026-07-31days on market $288,990 Active 78 DOM
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2026-07-30days on market $288,990 Active 76 DOM
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2026-07-28days on market $288,990 Active 75 DOM
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2026-07-26days on market $288,990 Active 73 DOM
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2026-07-24days on market $288,990 Active 71 DOM
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2026-07-23days on market $288,990 Active 70 DOM
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2026-07-22days on market $288,990 Active 69 DOM
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2026-07-21days on market $288,990 Active 68 DOM
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2026-07-20days on market $288,990 Active 67 DOM
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2026-07-18days on market $288,990 Active 65 DOM
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2026-07-18days on market $288,990 Active 64 DOM
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2026-07-16days on market $288,990 Active 63 DOM
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2026-07-15pricedays on market $288,990 Active 62 DOM
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2026-07-14days on market $298,990 Active 61 DOM
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2026-07-13days on market $298,990 Active 60 DOM
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2026-07-13days on market $298,990 Active 59 DOM
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2026-07-11days on market $298,990 Active 58 DOM
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2026-07-10days on market $298,990 Active 57 DOM
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2026-07-09days on market $298,990 Active 56 DOM
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2026-07-07days on market $298,990 Active 54 DOM
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2026-07-06days on market $298,990 Active 53 DOM
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2026-07-06days on market $298,990 Active 52 DOM
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2026-07-05days on market $298,990 Active 51 DOM
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2026-07-03days on market $298,990 Active 50 DOM
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2026-07-02days on market $298,990 Active 49 DOM
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2026-07-01days on market $298,990 Active 48 DOM
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2026-06-30days on market $298,990 Active 47 DOM
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2026-06-29days on market $298,990 Active 46 DOM
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2026-06-28days on market $298,990 Active 45 DOM
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2026-06-27days on market $298,990 Active 44 DOM
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2026-06-26pricedays on market $298,990 Active 43 DOM
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2026-06-24days on market $303,990 Active 41 DOM
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2026-06-21days on market $303,990 Active 38 DOM
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2026-06-18days on market $303,990 Active 35 DOM
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2026-06-17days on market $303,990 Active 34 DOM
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2026-06-16days on market $303,990 Active 33 DOM
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2026-06-15remarks 658-char remark
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2026-06-15days on market $303,990 Active 32 DOM
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2026-06-13days on market $303,990 Active 30 DOM
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2026-06-09pricedays on market $303,990 Active 26 DOM
Show marketing remark (437 chars)
This new four-bedroom home offers convenient single-floor living. An open-concept design blends the kitchen, dining room and family room for optimal multitasking and everyday transitions. A nearby covered patio provides effortless outdoor recreation. Three secondary bedrooms are tucked away to the side of the home, and the luxurious owner's suite is nestled into a private rear corner, complete with a full bathroom and walk-in closet.
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2026-06-08days on market $291,290 Active 25 DOM
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2026-06-07days on market $291,290 Active 24 DOM
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2026-06-04days on market $291,290 Active 21 DOM
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2026-06-03days on market $291,290 Active 20 DOM
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2026-06-02days on market $291,290 Active 19 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $26,795
- − Mortgage interest
- −$19,450
- − Property taxes
- −$5,208
- − Insurance
- −$1,736
- − Repairs & maintenance
- −$2,144
- − Management
- −$2,144
- − HOA
- −$1,620
- − Depreciation
- −$10,101
- Taxable loss
- −$15,607
- Est. tax savings @ 24.0%
- +$3,746
- After-tax cash flow
- $-5,501/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
This single-family home is in good condition with a modern and well-maintained interior and exterior. It offers a good starting point for potential buyers or renters, with minor updates that could significantly enhance its value.
Value-add opportunities
- Both Painting exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhanced landscaping can boost curb appeal and property value ↑
- Both Add smart home features — Modern technology can increase both resale and rental value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Waller ISD
- NCES district ID
- 4844430
- Math proficiency
- 30% ▼ -23.00%
- Reading proficiency
- 35% ▼ -11.00%
- Median HH income
- $58,911
- Composite
- 29.12/100
- National rank
- #6593
- State rank
- #532 of 826 in TX
Livability — Tomball
- Score
- 75/100
- State rank
- #155
- US rank
- #4239
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Harris County · 5,571,493 people
- City population
- 113,991
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 41,680
- Household income
- $129,327
- Rent vs Own
- Severe rent burden
- 5% of renters
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 0.55)
- Race & ethnicity
- White 63% Hispanic / Latino 20% Two or more races 12% Asian 9% Black 5%
- Hispanic origin (detail)
- Mexican 14%
- Common ancestry
- Portuguese 4% Lithuanian 3% Romanian 3%
- Foreign-born
- 15% · Canada, China, Vietnam
- Languages at home
- 74% English-only · Spanish 15% Other Indo-European 3% Chinese 2%
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
- ▼ -76.14%
- Current HPI
- 235.031
- Rent YoY
- ▼ -0.69%
- 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
-1.9% since first listed9 events — show timeline
- 2026-06-09 Price Changed $303,990 Zillow
- 2026-06-08 Price Changed $303,990 HARMLS
- 2026-05-26 Price Changed $291,290 Zillow
- 2026-05-26 Price Changed $291,290 HARMLS
- 2026-05-14 Listed $296,140 HARMLS
- 2026-05-08 Price Changed $296,140 Zillow
- 2026-05-05 Price Changed $300,790 Zillow
- 2026-05-01 Price Changed $305,440 Zillow
- 2026-04-28 Listed $309,990 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…