CashFlowRE
Sign in Sign up
Allegro II Plan 🏗️ New Construction
D- Composite 36.61
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).

  • Cash flow +9.9/30.0
  • ARV discount +7.5/15.0
  • Condition / age +4.8/5.0
  • Livability +3.7/5.0
  • 1% rule +3.0/10.0
  • Schools +2.9/10.0
  • DSCR +2.8/10.0
  • Rent growth +2.1/5.0
  • Appreciation +0.0/10.0

$259,000

Allegro II Plan · Houston, TX 77447
3 bd · 2.0 ba · 1,460 sqft · SingleFamily · 531 Days on market
Excellent condition ↓ 4% since listing

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

Listing remarks MLS

The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

Key facts

  • Open-concept home
  • Ample storage space
  • front porch

Tags

OPEN-CONCEPT HOMECHEF-INSPIRED KITCHENWALL OF WINDOWSAMPLE STORAGE SPACEBACKYARD FRONT PORCH

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. The $259,000 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $281,752.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $259k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $-176 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $256k (1.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $224k (13.4% below list).
  • Recommended offer: $224k (13.4% below list) — sets the bar for 1% rule.
  • Cap rate 5.5% vs local median 3.2% in Houston — 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 74/100 on livability (#184 in TX, #4,771 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime 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 (-1.6%/yr); 1791 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 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 $8k 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 531 days — a 12% lower offer ($228k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 2y ago 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.
Recommended offer $224,171 (13.4% 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 531 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.80%
Cap rate
5.54%
Cash-on-cash
-2.68%
DSCR
0.88
GRM
10.5

CMA / ARV

ARV (median comp)
$281,752
List price
$259,000
Delta
-8.08%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
21834 Red Lantana Trl 0.04mi 3/2.0 1,479 (+1%) 4mo $259,000 $175 93
18018 Lasso Mills Dr 0.20mi 3/2.0 1,444 (-1%) 3mo $249,890 $173 86
18046 Lasso Mills Dr 0.23mi 3/2.0 1,444 (-1%) 2mo $274,090 $190 85
21835 Red Lantana Trl 0.33mi 3/2.0 1,460 (0%) 1mo $259,000 $177 84
21903 Red Lantana Trl 0.22mi 3/2.0 1,479 (+1%) 6mo $279,255 $189 83
21915 Red Lantana Trl 0.33mi 3/2.0 1,460 (0%) 6mo $265,000 $182 80
18038 Lasso Mills Dr 0.23mi 3/2.0 1,555 (+6%) 1mo $279,190 $180 78
18010 Lasso Mills Dr 0.25mi 3/2.0 1,555 (+6%) 5mo $269,000 $173 74
22107 Frontier Hollow Ln 0.20mi 4/2.0 (+1) 1,675 (+15%) 0mo $301,990 $180 61
18023 Lasso Mills Dr 0.22mi 4/2.0 (+1) 1,675 (+15%) 0mo $289,840 $173 60
18026 Lasso Mills Dr 0.21mi 4/2.0 (+1) 1,675 (+15%) 5mo $274,090 $164 57
18014 Lasso Mills Dr 0.35mi 4/2.0 (+1) 1,675 (+15%) 3mo $274,090 $164 52

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
-24.2%
Equity multiple
0.20×
Total profit
$-63,412
Equity at exit
$42,010
10-year hold
IRR
-31.1%
Equity multiple
-0.20×
Total profit
$-94,918
Equity at exit
$24,361

Cash invested: $78,891 (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 77447

Home prices YoY
-31.1%
Rents YoY
-1.6%
Active inventory
1791
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$2,242 medium interval (Pro) →
Mortgage (P&I)
$1,478
Tax est. 1.5%
$352 /mo · $4,226/yr
Insurance
$117
HOA
$0
Vacancy / Maint / Mgmt
$471
Net cashflow
$-176

Break-even live

Break-even rent $2,465
Max offer price $256,259
Occupancy floor

Sensitivity live

Price -10% $19 -5% $-79 +0% $-176 +5% $-274 +10% $-371
Rent -10% $-353 -5% $-265 +0% $-176 +5% $-88 +10% $1
Rate -1.0pp $-34 -0.5pp $-105 base $-176 +0.5pp $-249 +1.0pp $-323

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
$70,438
Closing costs
$8,453
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.

Rent comps 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
17811 Pumpkin Vine Dr Hockley, TX 3.0 2.0 1197 $1,890 $1.58 19d 1 1.24mi
17858 Plow Horse Ln Hockley, TX 4.0 2.5 1619 $2,000 $1.24 26d 1 1.36mi

Listing history 34 events

  1. 2026-05-16
    price $259,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  2. 2026-05-02
    price $299,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  3. 2026-04-25
    status Active 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  4. 2026-04-25
    price $305,630 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  5. 2026-03-27
    historical 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  6. 2026-02-28
    status Active 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  7. 2026-02-28
    price $264,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  8. 2025-11-19
    historical 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  9. 2025-11-01
    price $265,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  10. 2025-10-11
    price $269,080 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  11. 2025-10-07
    price $280,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  12. 2025-10-04
    price $274,480 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  13. 2025-09-27
    price $269,480 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  14. 2025-08-30
    price $274,480 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  15. 2025-08-15
    price $284,480 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  16. 2025-08-14
    status Active 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  17. 2025-08-14
    price $293,480 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  18. 2025-08-04
    historical 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  19. 2025-07-27
    price $284,510 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  20. 2025-07-12
    price $279,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  21. 2025-07-04
    price $288,080 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  22. 2025-06-24
    price $287,080 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  23. 2025-05-10
    price $269,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  24. 2025-04-28
    price $275,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  25. 2025-03-22
    price $265,000 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  26. 2025-03-01
    price $270,680 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  27. 2025-02-21
    price $268,730 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  28. 2024-09-21
    price $275,380 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  29. 2024-08-23
    price $278,380 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  30. 2024-08-17
    price $277,380 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  31. 2024-08-10
    price $276,380 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  32. 2024-07-25
    status Active 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  33. 2024-07-19
    historical 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

  34. 2024-07-17
    listed $269,990 Active 581-char remark
    Show marketing remark (581 chars)

    The single-story Allegro floor plan is an open-concept, airy, and bright home inspired by the happy moments in life. The inviting gathering room flows effortlessly into the dining room and chef-inspired kitchen. Perfectly placed windows allow gorgeous natural light to glow over your home. Next, make your way to the 3 bedrooms and 2 baths, where the primary suite features an en-suite bath and a wall of windows. Hello, storage! The laundry room and 2-car garage have plenty of space for extra items. Then, spend your sunrises and sunsets in your backyard, front porch, and patio.

ⓘ 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
$26,901
− Mortgage interest
−$15,782
− Property taxes
−$4,226
− Insurance
−$1,409
− Repairs & maintenance
−$2,152
− Management
−$2,152
− Depreciation
−$8,196
Taxable loss
−$7,018
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,684
After-tax cash flow
$-430/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

Excellent 95/100 None rehab

This single-story Allegro II home is in excellent condition with modern finishes and a well-maintained exterior. It offers a great opportunity for a potential buyer or tenant looking for a move-in-ready home with potential for further value enhancement.

Value-add opportunities

  • Both Painting the exterior and interior — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/tenants.
  • Both Add smart home features — Smart home features can increase the home's appeal and market value.
  • Both Upgrade appliances — Upgrading appliances can make the home more appealing to potential buyers/tenants.
  • Both Add a smart thermostat — A smart thermostat can improve energy efficiency and comfort, making the home more attractive to potential buyers/tenants.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more potential buyers/tenants.
  • Both Add smart home features — Smart home features can increase the home's appeal and market value.
  • Both Upgrade appliances — Upgrading appliances can make the home more appealing to potential buyers/tenants.
  • Both Add a smart thermostat — A smart thermostat can improve energy efficiency and comfort, making the home more attractive to potential buyers/tenants.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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 — Houston

Score
74/100
State rank
#184
US rank
#4771

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Harris County · 4,702,590 people
City population
3,226,434
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
25,231
Household income
$116,925
Rent vs Own
14.0% rent · 86.0% own
Severe rent burden
265.0

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 0.63)
Race & ethnicity
White 44% Hispanic / Latino 41% Two or more races 16% Black 9% Asian 1%
Hispanic origin (detail)
Mexican 27%
Common ancestry
Lithuanian 3% Slovak 1% Romanian 1%
Foreign-born
15% · Canada, Jamaica, Dominican Republic
Languages at home
69% English-only · Spanish 28% Other Indo-European 1% Vietnamese 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
▼ -112.73%
Current HPI
249.6969
Rent YoY
▼ -1.58%
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

-4.1% since first listed
34 events — show timeline
  • 2026-05-16 Price Changed $259,000 Zillow
  • 2026-05-02 Price Changed $299,000 Zillow
  • 2026-04-25 Price Changed $305,630 Zillow
  • 2026-04-25 Relisted Zillow
  • 2026-03-27 Delisted Zillow
  • 2026-02-28 Relisted Zillow
  • 2026-02-28 Price Changed $264,000 Zillow
  • 2025-11-19 Delisted Zillow
  • 2025-11-01 Price Changed $265,000 Zillow
  • 2025-10-11 Price Changed $269,080 Zillow
  • 2025-10-07 Price Changed $280,000 Zillow
  • 2025-10-04 Price Changed $274,480 Zillow
  • 2025-09-27 Price Changed $269,480 Zillow
  • 2025-08-30 Price Changed $274,480 Zillow
  • 2025-08-15 Price Changed $284,480 Zillow
  • 2025-08-14 Price Changed $293,480 Zillow
  • 2025-08-14 Relisted Zillow
  • 2025-08-04 Delisted Zillow
  • 2025-07-27 Price Changed $284,510 Zillow
  • 2025-07-12 Price Changed $279,000 Zillow
  • 2025-07-04 Price Changed $288,080 Zillow
  • 2025-06-24 Price Changed $287,080 Zillow
  • 2025-05-10 Price Changed $269,000 Zillow
  • 2025-04-28 Price Changed $275,000 Zillow
  • 2025-03-22 Price Changed $265,000 Zillow
  • 2025-03-01 Price Changed $270,680 Zillow
  • 2025-02-21 Price Changed $268,730 Zillow
  • 2024-09-21 Price Changed $275,380 Zillow
  • 2024-08-23 Price Changed $278,380 Zillow
  • 2024-08-17 Price Changed $277,380 Zillow
  • 2024-08-10 Price Changed $276,380 Zillow
  • 2024-07-25 Relisted Zillow
  • 2024-07-19 Delisted Zillow
  • 2024-07-17 Listed $269,990 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…