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2614 Cezanne Cir
B- Composite 67.85
Why this score? — see what drove the B- 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 +22.4/30.0
  • ARV discount +15.0/15.0
  • 1% rule +7.2/10.0
  • DSCR +7.2/10.0
  • Schools +4.5/10.0
  • Appreciation +4.2/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0

$429,000

2614 Cezanne Cir · Sienna, TX 77459
4 bd · 3.0 ba · 3,128 sqft · SingleFamily public records · 17 Days on market
Built 2006 8,716 sqft lot Est $551k · 22% under $132/mo HOA · 3% of rent

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

Listing remarks

Impeccably maintained Perry Home located in the heart of Sienna, featuring an open floor plan with high ceilings and abundant natural light. This spacious home offers 4 bedrooms, 3.5 baths, formal living and dining, a game room, and a private primary suite with garden tub, separate shower, double vanities, and walk-in closets. The kitchen boasts granite countertops and opens to the inviting living area with fireplace. Recent upgrades include roof replacements (2018), AC updates (down: 2021, upstair 2013, and coil replacement 2020), water heater (2021), flooring (2022 & 2026), and sprinkler system upgrade (2022). Enjoy a spacious backyard and access to Sienna’s top-tier amenities

Key facts

  • Open floor plan
  • Inviting living area
  • Granite countertops

Tags

OPEN FLOOR PLANABUNDANT NATURAL LIGHTPRIVATE PRIMARY SUITEGRANITE COUNTERTOPSINVITING LIVING AREAFIREPLACE

Property features AI

Finance

  • HOA & community: Sienna Point Residential Association; Association amenities include clubhouse, controlled access, fitness center, golf course, tennis courts, and trails; Annual association fee

Exterior

  • Parking: Detached 2-car garage; Additional parking
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Built in 2006; Slab foundation; Composition roof
  • Construction: Brick, stone, and wood siding construction
  • Exterior features: Private yard; Fence (back yard); Subdivision setting; Concrete road surface

Interior

  • Kitchen: Dishwasher; Electric oven; Disposal; Microwave
  • Bedrooms: Primary bedroom on first floor (17x17); Three secondary bedrooms on second floor (15x15, 15x15, 15x15); Additional game room on second floor (18x18)
  • Flooring: Plank; Tile; Vinyl
  • Bathrooms: 3 full bathrooms; 1 half bathroom
  • Heating & cooling: Central heating (gas); Central electric air conditioning
  • Interior features: Entrance foyer; High ceilings; Kitchen island; Kitchen/family room combo; Pantry; Walk-in pantry; Gas log fireplace (1)
  • Laundry & utility: Washer hookup; Electric dryer hookup

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 4-bed/3.0-bath single-family listed at $429k.

Deal economics

  • At list price, monthly cash flow is $711 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($5k rent vs $429k).
  • Recommended offer: $423k (1.5% below list) — sets the bar for market timing.
  • Cap rate 8.3% vs local median 3.3% in Sienna — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • Fort Bend ISD (suburban): math 44% / reading 53% proficiency, ranked #140 of 826 in TX (top 17%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Scanlan Oaks El (math 68% / reading 67%, grade B+, #189 of 4,322 statewide, top 5%, 1,052 students, 31% FRL); Ronald Thornton Middle (math 40% / reading 52%, grade D+, #462 of 1,662 statewide, top 28%, 1,529 students, 41% FRL); Ridge Point H S (math 61% / reading 69%, grade B, #198 of 1,632 statewide, top 12%, 3,170 students, 31% FRL) — zoned schools at 34% FRL track the district average.
  • Market conditions: Rents soft (-0.1%/yr); 1228 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).
  • At $5,254/mo this rent would consume 49% of the median local household income ($129k/yr) (locally 1004% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-1.7%/yr); year-one equity from $3k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 17 days — a 2% lower offer ($423k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 5y 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.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $422,565 (1.5% below list)

Questions for the listing agent

  1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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.
  4. 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.
  5. 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
1.22%
Cap rate
8.28%
Cash-on-cash
7.10%
DSCR
1.32
GRM
6.8

CMA / ARV

ARV (on-the-fly)
$550,528
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2230 Dali Ln 0.06mi 4/3.0 3,290 (+5%) 6mo $475,000 $144 83
8818 Laurel Crest Dr 0.27mi 4/3.5 3,192 (+2%) 9mo $719,900 $226 74
8815 Iron Forge Rd 0.31mi 4/3.5 3,275 (+5%) 2mo $535,000 $163 74
8833 Snowy Owl Loop 0.64mi 5/3.0 (+1) 3,126 (-0%) 1mo $562,900 $180 64
8919 Autumn Pine Dr 0.37mi 4/3.5 3,439 (+10%) 3mo $597,000 $174 61
9227 Turtle Pond Ln 0.40mi 4/4.0 3,404 (+9%) 2mo $600,000 $176 61
8914 Milam Grove Dr 0.47mi 4/3.5 3,358 (+7%) 5mo $420,000 $125 59
8930 Emerald Cane Dr 0.59mi 5/4.0 (+1) 3,117 (-0%) 10mo $395,000 $127 55
9418 San Marco Dr 0.68mi 4/4.5 3,266 (+4%) 4mo $745,000 $228 52
8934 Stanley Oak Dr 0.66mi 4/3.5 3,280 (+5%) 9mo $495,000 $151 52
9234 Balsam Gap 0.60mi 4/3.5 3,519 (+12%) 7mo $715,000 $203 44
8926 Pleasant Cv 0.74mi 4/3.5 3,581 (+14%) 5mo $749,900 $209 35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-1.67% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-3.0%
Equity multiple
0.88×
Total profit
$-14,804
Equity at exit
$89,974
10-year hold
IRR
1.1%
Equity multiple
1.08×
Total profit
$9,614
Equity at exit
$83,337

Cash invested: $120,120 (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 77459

Home prices YoY
-0.8%
Rents YoY
-0.1%
Active inventory
1228
Price-to-rent
6.8×

Monthly cashflow live

Estimated rent
$5,254 medium interval (Pro) →
Mortgage (P&I)
$2,250
Tax from tax record
$879 /mo · $10,545/yr
Insurance
$179
HOA
$132
Vacancy / Maint / Mgmt
$1,103
Net cashflow
$711

Break-even live

Break-even rent $4,353
Max offer price $429,000
Occupancy floor 81%

Sensitivity live

Price -10% $954 -5% $833 +0% $711 +5% $590 +10% $468
Rent -10% $296 -5% $504 +0% $711 +5% $919 +10% $1,126
Rate -1.0pp $927 -0.5pp $820 base $711 +0.5pp $600 +1.0pp $487

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
$107,250
Closing costs
$12,870
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2718 Van Gogh Ln Missouri City, TX 4.0 2.5 3036 $3,595 $1.18 11d 1 0.15mi
2142 Ironwood Pass Dr Missouri City, TX 4.0 3.0 2140 $6,000 $2.80 0d 1 0.60mi
8719 Fox Trail Dr Missouri City, TX 4.0 3.5 2143 $6,000 $2.80 23d 1 0.85mi
9006 Meadow Bridge Dr Missouri City, TX 4.0 3.5 3958 $6,580 $1.66 4d 1 0.97mi

HOA detail

Monthly dues
$132 · $1,584/yr
Likely covers
water

Listing history 26 events

  1. 2026-06-21
    days on market $429,000 Active 17 DOM
  2. 2026-06-18
    days on market $429,000 Active 14 DOM
  3. 2026-06-17
    days on market $429,000 Active 13 DOM
  4. 2026-06-16
    days on market $429,000 Active 12 DOM
  5. 2026-06-15
    days on market $429,000 Active 11 DOM
  6. 2026-06-13
    days on market $429,000 Active 9 DOM
  7. 2026-06-09
    days on market $429,000 Active 5 DOM
  8. 2026-06-08
    days on market $429,000 Active 4 DOM
  9. 2026-06-07
    days on market $429,000 Active 3 DOM
  10. 2026-06-04
    pricedays on marketlisting id $429,000 Active 1 DOM
  11. 2026-06-03
    days on market $439,000 Active 16 DOM
  12. 2026-06-02
    days on market $439,000 Active 15 DOM
  13. 2026-06-01
    days on market $439,000 Active 14 DOM
  14. 2026-05-31
    days on market $439,000 Active 13 DOM
  15. 2026-05-18
    listed $439,000 Active 827-char remark
  16. 2026-05-13
    status Pending
  17. 2026-05-13
    historical
  18. 2026-05-04
    listed $439,000 Active
  19. 2026-05-04
    historical
  20. 2026-04-18
    listed $449,000 Active
  21. 2021-06-30
    soldstatus
  22. 2021-06-29
    soldstatus Sold
  23. 2021-06-16
    status Pending, Continue to Show
  24. 2021-05-18
    price $399,999
  25. 2021-05-08
    listed $404,000 Active
  26. 2008-10-09
    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
$10,545 · $879/mo
Projected year-2 tax
$10,545 · $879/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 · 24% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥111°F today · 24 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

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Taxation est. · year 1

Rental income
$63,043
− Mortgage interest
−$24,031
− Property taxes
−$10,545
− Insurance
−$2,145
− Repairs & maintenance
−$5,043
− Management
−$5,043
− HOA
−$1,584
− Depreciation
−$12,480
Taxable income
$2,171
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$521
After-tax cash flow
$8,012/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
Fort Bend ISD
NCES district ID
4819650
Math proficiency
44% ▼ -15.00%
Reading proficiency
53% ▼ -4.00%
Median HH income
$82,360
Composite
44.61/100
National rank
#2779
State rank
#140 of 826 in TX

Livability — Sienna

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Sienna, TX
County
Fort Bend County · 836,777 people
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
84,221
Household income
$129,151
Rent vs Own
14.8% rent · 85.2% own
Severe rent burden
1004.0

Population outlook (Fort Bend County) Hauer SSP2

Today (2025)
1,004,526 people
By 2030
1,153,104 · +14.8%
By 2040
1,453,718 · +44.7%
By 2050
1,753,781 · +74.6%
By 2075
2,455,772 · +144.5%
By 2100
2,930,528 · +191.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.75)
Race & ethnicity
White 34% Black 26% Asian 22% Hispanic / Latino 13% Two or more races 10%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 2% Slovak 1% Italian 1%
Foreign-born
21% · Canada, China, Vietnam
Languages at home
73% English-only · Other Asian/Pacific 8% Spanish 7% Other Indo-European 5%

Political lean MEDSL · Fort Bend

2024 margin
Toss-up / Even · D 49.5% · R 47.9% · Other 2.6%
2008→2024 swing
+4.0pp toward D · 2008: -2.4pp · 2024: 1.6pp
All cycles
2024: D+1.6 2020: D+10.6 2016: D+6.6 2012: R+6.8 2008: R+2.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -1.67%
Current HPI
212.3573
Rent YoY
▼ -0.15%
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

+6.2% since first listed
14 events — show timeline
  • 2026-06-04 Listed $429,000 HARMLS
  • 2026-06-04 Listing Removed HARMLS
  • 2026-05-18 Listed $439,000 HARMLS
  • 2026-05-13 Pending HARMLS
  • 2026-05-13 Listing Removed HARMLS
  • 2026-05-04 Listing Removed HARMLS
  • 2026-05-04 Listed $439,000 HARMLS
  • 2026-04-18 Listed $449,000 HARMLS
  • 2021-06-30 Sold (Public Records) Public Records
  • 2021-06-29 Sold (MLS) HARMLS
  • 2021-06-16 Pending HARMLS
  • 2021-05-18 Price Changed $399,999 HARMLS
  • 2021-05-08 Listed $404,000 HARMLS
  • 2008-10-09 Sold (Public Records) Public Records

Property tax history

+1.1%/yr

Latest (2025): $10,545 · -2.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…