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813 Woodhaven Lakes Dr
D Composite 41.25
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 +11.9/30.0
  • ARV discount +9.1/15.0
  • Condition / age +4.0/5.0
  • 1% rule +3.7/10.0
  • DSCR +3.5/10.0
  • Rent growth +3.5/5.0
  • Livability +3.0/5.0
  • Schools +2.6/10.0
  • Appreciation +0.0/10.0

$260,000

813 Woodhaven Lakes Dr · La Marque, TX 77568
4 bd · 2.0 ba · 1,676 sqft · SingleFamily · 12 Days on market
Built 2026 Good condition Est $270k · at est. $64/mo HOA · 3% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

The Ramsey Floor Plan - This new single-story design makes smart use of the space available. At the front are all three secondary bedrooms arranged near a convenient full-sized bathroom. Down the foyer is a modern layout connecting a peninsula-style kitchen made for inspired meals, an intimate dining area and a family room ideal for gatherings. Tucked in a quiet corner is the owner’s suite with an attached bathroom and walk-in closet. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly. Photos are for illustrative purposes only.

Key facts

  • Intimate dining area
  • Walk-in closet
  • Single-story design

Tags

SINGLE-STORY DESIGNPENINSULA-STYLE KITCHENINTIMATE DINING AREAOWNER'S SUITEWALK-IN CLOSET

Property features AI

Finance

  • Financial info: Listing price $260,000

Exterior

  • Parking: 2 garage spaces (2 total parking spaces)
  • Home design: Single-family property (new construction spec home)
  • Exterior features: Spec new construction (Ramsey plan); Address: 813 Woodhaven Lakes Dr, La Marque, TX 77568

Interior

  • Bedrooms: 4 bedrooms
  • Bathrooms: 2 full bathrooms
  • Interior features: Open living area (1,676 total living area)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $260k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-67 ($-808/yr) — negative.
  • To cash-flow at today's rent, offer at most $250k (3.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $227k (12.7% below list).
  • Recommended offer: $227k (12.7% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 59/100 on livability (#1,136 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, crime F.
  • Hitchcock ISD (suburban): math 28% / reading 31% proficiency, ranked #628 of 826 in TX (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising (+4.0%/yr); 654 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
  • Galveston County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
Recommended offer $227,021 (12.7% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  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
0.87%
Cap rate
5.98%
Cash-on-cash
-1.11%
DSCR
0.95
GRM
9.5

CMA / ARV

ARV (on-the-fly)
$269,836
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
648 Burlina Rd 0.21mi 4/2.0 1,676 (0%) 1mo $249,990 $149 90
652 Burlina Rd 0.21mi 4/2.0 1,716 (+2%) 1mo $255,190 $149 86
644 Burlina Rd 0.21mi 4/2.0 1,716 (+2%) 1mo $275,990 $161 86
804 Indigo Springs Ln 0.29mi 3/2.0 (-1) 1,639 (-2%) 1mo $249,800 $152 77
805 Apple Blossom Dr 0.16mi 3/2.0 (-1) 1,501 (-10%) 1mo $269,990 $180 70
862 Sand Crab Ln 0.25mi 3/2.0 (-1) 1,873 (+12%) 1mo $255,000 $136 63
1074 Garnet Star Dr 0.63mi 3/2.0 (-1) 1,732 (+3%) 0mo $295,990 $171 60
996 Camellia Hills Ln 0.43mi 3/2.0 (-1) 1,526 (-9%) 1mo $239,000 $157 59
1109 Black Rail St 0.47mi 3/2.0 (-1) 1,526 (-9%) 1mo $245,000 $161 58
1106 Radiant Ave 0.56mi 3/2.0 (-1) 1,548 (-8%) 1mo $265,990 $172 56
1341 Blue Moon Ln 0.65mi 4/2.0 1,872 (+12%) 1mo $295,990 $158 49
1305 Blue Moon Ln 0.67mi 3/2.0 (-1) 1,491 (-11%) 1mo $257,990 $173 45

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 · 3.95% rent growth · sell at horizon

5-year hold
IRR
-17.0%
Equity multiple
0.39×
Total profit
$-44,155
Equity at exit
$38,767
10-year hold
IRR
-7.1%
Equity multiple
0.53×
Total profit
$-34,508
Equity at exit
$22,480

Cash invested: $72,800 (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 77568

Home prices YoY
-22.7%
Rents YoY
4.0%
Active inventory
654
Price-to-rent
9.5×

Monthly cashflow live

Estimated rent
$2,270 medium interval (Pro) →
Mortgage (P&I)
$1,363
Tax est. 1.5%
$325 /mo · $3,900/yr
Insurance
$108
HOA
$64
Vacancy / Maint / Mgmt
$477
Net cashflow
$-67

Break-even live

Break-even rent $2,355
Max offer price $250,258
Occupancy floor 98%

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
$65,000
Closing costs
$7,800
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
453 Maple Bend Ln La Marque, TX 3.0 2.0 1860 $2,071 $1.11 20d 1 0.68mi

HOA detail

Monthly dues
$64 · $768/yr

Listing history 9 events

  1. 2026-06-13
    statusdays on market $260,000 Pending 12 DOM
  2. 2026-06-09
    days on market $260,000 Active 11 DOM
  3. 2026-06-08
    days on market $260,000 Active 10 DOM
  4. 2026-06-07
    days on market $260,000 Active 9 DOM
  5. 2026-06-04
    days on market $260,000 Active 6 DOM
  6. 2026-06-03
    days on market $260,000 Active 5 DOM
  7. 2026-06-02
    days on market $260,000 Active 4 DOM
  8. 2026-06-01
    days on market $260,000 Active 3 DOM
  9. 2026-05-31
    days on market $260,000 Active 2 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$27,243
− Mortgage interest
−$14,564
− Property taxes
−$3,900
− Insurance
−$1,300
− Repairs & maintenance
−$2,179
− Management
−$2,179
− HOA
−$768
− Depreciation
−$7,564
Taxable loss
−$5,212
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,251
After-tax cash flow
$443/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

Good 80/100 Cosmetic rehab

This single-story home is in good condition with a modern design and well-maintained exterior. It offers a good investment opportunity with potential for both resale and rental value through minor updates and improvements.

Value-add opportunities

  • Both Painting the exterior — Fresh paint can enhance curb appeal and property value.
  • Both Landscaping improvements — Enhanced landscaping can attract more buyers and renters.
  • Both Adding smart home features — Modern technology can increase both resale and rental value.
  • Resale Upgrading appliances — Newer, more energy-efficient appliances can attract more buyers.
  • Rental Adding a smart thermostat — Smart thermostats can reduce energy costs and attract renters looking for energy-efficient homes.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior — Fresh paint can enhance curb appeal and property value.
  • Both Landscaping improvements — Enhanced landscaping can attract more buyers and renters.
  • Both Adding smart home features — Modern technology can increase both resale and rental value.
  • Resale Upgrading appliances — Newer, more energy-efficient appliances can attract more buyers.
  • Rental Adding a smart thermostat — Smart thermostats can reduce energy costs and attract renters looking for energy-efficient homes.

ⓘ 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
Hitchcock ISD
NCES district ID
4823310
Math proficiency
28% ▼ -2.00%
Reading proficiency
31% ▼ -4.00%
Median HH income
$47,041
Composite
25.5/100
National rank
#7439
State rank
#628 of 826 in TX

Livability — La Marque

Score
59/100
State rank
#1136
US rank
#20037

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
La Marque, TX
County
Galveston County · 357,330 people
City population
23,083
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
23,083
Household income
$74,694
Rent vs Own
28.0% rent · 72.0% own
Severe rent burden
700.0

Population outlook (Galveston County) Hauer SSP2

Today (2025)
390,640 people
By 2030
425,226 · +8.9%
By 2040
493,765 · +26.4%
By 2050
559,698 · +43.3%
By 2075
719,260 · +84.1%
By 2100
819,628 · +109.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.71)
Race & ethnicity
White 37% Hispanic / Latino 29% Black 26% Two or more races 17% Asian 3%
Hispanic origin (detail)
Mexican 22% Puerto Rican 1%
Common ancestry
Lithuanian 1% Italian 1% Serbian 1%
Foreign-born
8% · Canada
Languages at home
77% English-only · Spanish 21% Tagalog/Filipino 1% Other Asian/Pacific 1%

Political lean MEDSL · Galveston

2024 margin
Strong R (+27.4) · D 35.7% · R 63.1% · Other 1.2%
2008→2024 swing
-7.9pp toward R · 2008: -19.5pp · 2024: -27.4pp
All cycles
2024: R+27.4 2020: R+22.6 2016: R+22.6 2012: R+26.9 2008: R+19.5

Not yet ingested

Civics

Market trends

HPI YoY
▼ -69.39%
Current HPI
236.0239
Rent YoY
▲ 3.95%
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

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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