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3343 Maymist Dr 🏷️ Likely Rental
C- Composite 50.51
Why this score? — see what drove the C- 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 +15.0/30.0
  • ARV discount +7.5/15.0
  • Schools +5.7/10.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Appreciation +4.4/10.0
  • Livability +3.7/5.0
  • Condition / age +2.5/5.0
  • Rent growth +1.8/5.0

$2,499

3343 Maymist Dr · Houston, TX 77449
3 bd · 2.0 ba · 1,695 sqft · Townhouse public records · 1 Days on market
Built 1980 5,250 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This is a duplex. Right side ONLY being sold. Beautifully updated duplex-home on a corner lot w/ mature live Oaks is ready for new owner to love. Fabulous floor plan w/ a fresh neutral color pallet w/ 15” ceramic tile & wood laminate floors. Flexible space for formal dining or study off of the entry. A spacious step-down family room features a romantic wood-burning fireplace & a soaring vaulted ceiling. The kitchen has granite countertops & tile backsplash, sleek SS appliances, a chef’s desk & breakfast bar that opens to the casual dining area. Spacious owner’s retreat w/ a large closet & ensuite bathroom. Guest bedrooms are also spacious w/ large closets, ceiling fans & easy access to a full bathroom. Automatic driveway gate & room for 4 cars behind gate. Many recent improvements include roof, back fence, A/C & heat, water heater, ceiling fans, toilets, fixtures & more. Short walk to the neighborhood pool, tennis courts, park, Mayde Creek North Hike & Bike Trail + best KISD schools!

Key facts

  • Garage
  • Community pool
  • Built 1980

Property features AI

Finance

  • Other: Lease considered
  • HOA & community: Association fees charged annually; Association covers water and sewer

Exterior

  • Parking: Attached garage; Additional parking
  • Security: Smoke detector(s)
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Single-story; Built in 1980
  • Construction: Year built 1980
  • Exterior features: Private yard; Fence; Paved driveway; Storage; Tennis court(s); Community pool

Interior

  • Kitchen: Dishwasher; Electric oven; Electric range; Garbage disposal; Microwave; Refrigerator
  • Bedrooms: Primary bedroom (first floor); Bedroom (first floor); Bedroom (first floor)
  • Flooring: Carpet; Laminate; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric and gas); Central air conditioning (electric)
  • Interior features: Entrance foyer; Kitchen/family room combo; Tub with shower; Ceiling fans; One fireplace
  • Laundry & utility: Washer; Dryer; Electric dryer hookup

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $2,499 price doesn't fit this home's estimated sale value (~$220,350) and the remarks read like a rental — treat the cards below with caution.

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath townhouse listed at $2k.

Deal economics

  • At list price, monthly cash flow is $2k ($19k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $2k).
  • Cap rate 775.0% 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: schools D, crime F.
  • Katy ISD (suburban): math 61% / reading 63% proficiency, ranked #29 of 826 in TX (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents soft (-2.9%/yr); 744 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); 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 (-1.3%/yr); year-one equity from $17 of loan paydown is wiped out by about $32 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.
  • At projected returns (-1.3% appreciation + 0.0% rent growth), your $700 cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 11 sale attempts since 8y 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: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $2,499

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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?
  3. 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?
  4. 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.
  5. 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.
  6. 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
81.96%
Cap rate
774.95%
Cash-on-cash
2745.22%
DSCR
123.15
GRM
0.1

CMA / ARV

ARV (on-the-fly)
$220,350
Comps found
6
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3302 Purslane Dr 0.28mi 3/2.0 1,670 (-2%) 3mo $209,000 $125 82
19323 Hollowlog Dr 0.19mi 3/2.0 1,540 (-9%) 1mo $199,900 $130 75
19514 Lazy Valley Dr 0.39mi 3/2.0 1,670 (-2%) 9mo $156,000 $93 72
3335 Purslane Dr 0.29mi 3/2.0 1,730 (+2%) 23mo $225,000 $130 64
19546 Lazy Valley Dr 0.46mi 3/2.0 1,554 (-8%) 4mo $200,000 $129 62
19307 Plantain Dr 0.19mi 3/2.0 1,505 (-11%) 16mo $218,000 $145 60

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

Projected returns pro-forma

-1.27% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
Equity multiple
137.86×
Total profit
$95,762
Equity at exit
$571
10-year hold
IRR
Equity multiple
275.07×
Total profit
$191,769
Equity at exit
$572

Cash invested: $700 (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 77449

Home prices YoY
-0.5%
Rents YoY
-2.9%
Active inventory
744
Price-to-rent
0.1×

Monthly cashflow live

Estimated rent
$2,048 high interval (Pro) →
Mortgage (P&I)
$13
Tax est. 1.5%
$3 /mo · $37/yr
Insurance
$1
HOA
$0
Vacancy / Maint / Mgmt
$430
Net cashflow
$1,601

Break-even live

Break-even rent $22
Max offer price $2,499
Occupancy floor 17%

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
$625
Closing costs
$75
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 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19138 Morton Rd Unit TOBC2 Houston, TX 2.0 2.0 1091 $1,745 $1.60 3d 1 0.34mi
19403 Misty Cove Dr Katy, TX 4.0 2.0 1714 $1,999 $1.17 5d 1 0.39mi
19434 Brook Village Rd Houston, TX 3.0 2.0 1822 $1,950 $1.07 44d 1 0.50mi
19407 Dawn Canyon Rd Houston, TX 3.0 2.0 1576 $1,716 $1.09 44d 1 0.61mi
2606 Olster Dr Houston, TX 3.0 2.0 1527 $1,571 $1.03 5d 1 0.82mi
18407 Early Green Trl Unit 1316402P Houston, TX 3.0 2.0 1550 $3,988 $2.57 3d 1 0.86mi
3331 Dale Ridge Trl Houston, TX 4.0 2.5 2216 $2,121 $0.96 22d 1 0.86mi
2607 Cypressvine Dr Houston, TX 3.0 2.0 1527 $2,000 $1.31 20d 1 0.87mi
2622 Broomsedge Dr Houston, TX 3.0 2.0 1746 $1,050 $0.60 5d 1 0.93mi
18747 Denise Dale Ln Houston, TX 3.0 2.0 1136 $1,695 $1.49 5d 1 0.94mi
2931 Barker Cypress Rd Houston, TX 1.0–3.0 1.0–2.0 1065 $1,796 $1.69 2d 20 0.98mi
2411 Shady Brook Dr Houston, TX 3.0 2.0 1715 $1,916 $1.12 5d 1 1.04mi
2937 Barker Cypress Rd Houston, TX 2.0 2.0 1138 $1,456 $1.28 44d 1 1.09mi
2926 Barker Cypress Rd Unit 3047 Houston, TX 3.0 2.0 1424 $2,200 $1.54 11d 1 1.14mi
2926 Barker Cypress Rd Unit 2165 Houston, TX 2.0 2.0 1250 $1,937 $1.55 3d 1 1.14mi
2926 Barker Cypress Rd Unit 3165 Houston, TX 3.0 2.0 1424 $2,157 $1.51 3d 1 1.14mi
19319 Cypress Arbor Ct Katy, TX 4.0 3.0 1794 $1,940 $1.08 7d 1 1.14mi
2926 Barker Cypress Rd Unit 2959 Houston, TX 3.0 2.0 1424 $2,110 $1.48 44d 1 1.16mi
2926 Barker Cypress Rd Unit 2174 Houston, TX 2.0 2.0 1250 $1,969 $1.58 10d 1 1.16mi
2926 Barker Cypress Rd Unit 3174 Houston, TX 3.0 2.0 1424 $2,189 $1.54 10d 1 1.16mi
2926 Barker Cypress Rd Unit 2963 Houston, TX 2.0 2.0 1250 $1,820 $1.46 44d 1 1.16mi
3740 Barker Cypress Rd Houston, TX 1.0–2.0 1.0–2.0 933 $2,070 $2.22 2d 250 1.16mi
4211 Falcon Meadow Dr Katy, TX 3.0 2.0 1436 $1,795 $1.25 24d 1 1.17mi
2926 Barker Cypress Rd Houston, TX 2.0 2.0 1091 $1,745 $1.60 12d 1 1.18mi
19638 Southaven Dr Houston, TX 3.0 2.0 1684 $1,769 $1.05 17d 1 1.22mi
2500 Greenhouse Rd Unit 3112 Houston, TX 3.0 2.0 1440 $2,051 $1.42 3d 1 1.25mi
2500 Greenhouse Rd Unit 2174 Houston, TX 2.0 2.0 1205 $1,663 $1.38 10d 1 1.25mi
2500 Greenhouse Rd Unit 2047 Houston, TX 2.0 2.0 1205 $1,674 $1.39 11d 1 1.25mi
2500 Greenhouse Rd Unit 2537 Houston, TX 2.0 2.0 1205 $1,714 $1.42 44d 1 1.25mi
2500 Greenhouse Rd Unit 424 Houston, TX 2.0 2.0 1205 $1,639 $1.36 5d 1 1.25mi
2500 Greenhouse Rd Unit 3174 Houston, TX 3.0 2.0 1440 $2,083 $1.45 10d 1 1.25mi
2500 Greenhouse Rd Unit 2533 Houston, TX 3.0 2.0 1440 $2,094 $1.45 44d 1 1.25mi
2500 Greenhouse Rd Unit 2148 Houston, TX 2.0 2.0 1205 $1,631 $1.35 3d 1 1.25mi
20102 Twilight Canyon Rd Katy, TX 4.0 2.5 1633 $3,395 $2.08 3d 1 1.28mi
19311 Cypress Bay Dr Katy, TX 3.0 2.0 2052 $2,080 $1.01 4d 1 1.29mi
19776 Clay Rd Katy, TX 2.0 2.0 1174 $1,475 $1.26 44d 1 1.31mi
19770 Clay Rd Katy, TX 1.0–2.0 1.0–2.0 1002 $1,843 $1.84 3d 15 1.32mi
2411 Greenhouse Rd Houston, TX 1.0–3.0 1.0–2.0 1109 $2,008 $1.81 2d 37 1.33mi
2603 N Fry Rd Katy, TX 3.0 1.0–2.0 954 $2,213 $2.32 2d 39 1.34mi
3435 Clipper Winds Way Houston, TX 3.0 2.0 1754 $1,799 $1.03 13d 1 1.37mi

Listing history 2 events

  1. 2026-06-04
    remarks 675-char remark
  2. 2026-06-04
    listed $2,499 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 95% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥110°F today · 23 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

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,577
− Mortgage interest
−$140
− Property taxes
−$37
− Insurance
−$12
− Repairs & maintenance
−$1,966
− Management
−$1,966
− Depreciation
−$73
Taxable income
$20,382
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$4,892
After-tax cash flow
$14,317/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
Katy ISD
NCES district ID
4825170
Math proficiency
61% ▼ -7.00%
Reading proficiency
63% ▼ -3.00%
Median HH income
$90,312
Composite
56.59/100
National rank
#1146
State rank
#29 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)
130,028
Household income
$87,808
Rent vs Own
31.7% rent · 68.3% own
Severe rent burden
3088.0

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 0.68)
Race & ethnicity
Hispanic / Latino 49% Two or more races 22% Black 20% White 19% Asian 6%
Hispanic origin (detail)
Mexican 26% Puerto Rican 1% Cuban 4%
Common ancestry
Lithuanian 1% Italian 1%
Foreign-born
32% · Canada, Jamaica, Vietnam
Languages at home
48% English-only · Spanish 40% Other Indo-European 3% 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
▼ -1.27%
Current HPI
254.6622
Rent YoY
▼ -2.86%
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

-97.3% since first listed
33 events — show timeline
  • 2026-06-04 Listing Removed HARMLS
  • 2026-06-03 Listed $2,499 HARMLS
  • 2023-10-26 Rental Removed $2,100 LISTANZA
  • 2023-10-22 Listed for Rent $2,100 LISTANZA
  • 2023-08-10 Rental Removed $2,100 HARMLS
  • 2023-07-27 Listed for Rent $2,100 HARMLS
  • 2023-07-21 Sold (Public Records) Public Records
  • 2023-07-21 Sold (MLS) HARMLS
  • 2023-07-19 Pending HARMLS
  • 2023-06-20 Relisted HARMLS
  • 2023-06-14 Pending HARMLS
  • 2023-06-09 Pending HARMLS
  • 2023-05-30 Listing Removed HARMLS
  • 2023-05-30 Listed $235,000 HARMLS
  • 2023-04-06 Relisted HARMLS
  • 2023-04-05 Pending HARMLS
  • 2023-02-16 Listed $240,000 HARMLS
  • 2022-05-03 Sold (Public Records) Public Records
  • 2022-04-15 Sold (MLS) HARMLS
  • 2022-03-06 Pending HARMLS
  • 2022-02-15 Relisted HARMLS
  • 2022-02-15 Pending HARMLS
  • 2022-02-15 Listing Removed HARMLS
  • 2022-02-15 Listed $217,500 HARMLS
  • 2022-01-29 Listed $224,900 HARMLS
  • 2019-07-11 Sold (Public Records) Public Records
  • 2018-07-03 Sold (Public Records) Public Records
  • 2018-07-03 Sold (MLS) HARMLS
  • 2018-06-08 Pending HARMLS
  • 2018-06-01 Pending HARMLS
  • 2018-05-22 Listed $92,000 HARMLS
  • 1993-10-13 Sold (Public Records) Public Records
  • 1990-11-29 Sold (Public Records) Public Records

Property tax history

+5.2%/yr

Latest (2025): $5,317 · -8.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…