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7203 Cool Springs Ct
C Composite 59.37
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 +14.1/30.0
  • ARV discount +12.5/15.0
  • Appreciation +10.0/10.0
  • 1% rule +4.8/10.0
  • Livability +4.5/5.0
  • DSCR +4.3/10.0
  • Schools +3.9/10.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0

$239,900

7203 Cool Springs Ct · The Woodlands, TX 77354
4 bd · 2.5 ba · 2,320 sqft · SingleFamily public records · 78 Days on market
Built 2007 5,989 sqft lot $103/sqft · 11% below area Est $270k · 11% under $38/mo HOA · 2% of rent

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

Listing remarks MLS

$10k OFF!! Price adjustment!Corner Lot Opportunity Near 1488! Desirable corner lot, spacious two-story offers flexibility/space buyers are looking for right now. This 4-bedroom,2.5-bath home features an oversized bkyd w endless potential—whether you envision a pool, outdoor kitchen, play space, or your own private retreat, this property gives you the room to create it. Inside, oversized primary suite is a true escape, complete w vaulted ceilings, dual private closets, & full spa-like bath. All 3 secondary bdrms offer generously sized closets—no shortage of storage anywhere in this home. Main living area is bright & expansive, filled w natural light from large windows & designed for both everyday living & entertaining. Kitchen flows seamlessly into breakfast & dining areas, offering abundant cabinetry & functional space. Large utility room & an oversized half bath for guests add even more practicality. Washer/Dryer/Fridge included. Homes w this combo of location, lot size are move fast!

Key facts

  • Primary suite
  • Oversized backyard
  • Corner lot

Tags

CORNER LOTOVERSIZED BACKYARDPRIMARY SUITEGENEROUSLY SIZED CLOSETSLARGE UTILITY ROOM

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/2.5-bath single-family listed at $240k.

Deal economics

  • At list price, monthly cash flow is $37 ($448/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $236k (1.6% below list).
  • Recommended offer: $226k (6.0% below list) — sets the bar for market timing.
  • Cap rate 6.5% vs local median 2.3% in The Woodlands — 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 91/100 on livability (#1 in TX, #47 nationally) — a professional / high-income tenant draw. Strengths: schools A+, amenities A+, commute A+; Watch: cost of living D-.
  • Magnolia ISD (rural): math 42% / reading 45% proficiency, ranked #247 of 826 in TX (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 1621 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).

Forward outlook

  • In year one you build about $26k of equity ($2k loan paydown + $24k appreciation (10.0% local appreciation)).
  • Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 0.3% rent growth), your $67k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$41k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 78 days — a 6% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
  • 10 sale attempts since 12y 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 $225,506 (6.0% below list)

Questions for the listing agent

  1. It's been on market 78 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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 A-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?
  6. 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.
  7. 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.
  8. 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
0.98%
Cap rate
6.48%
Cash-on-cash
0.67%
DSCR
1.03
GRM
8.5

CMA / ARV

ARV (median comp)
$269,949
List price
$239,900
Delta
-11.13%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
6627 Woodland Oaks 0.45mi 3/2.5 (-1) 2,276 (-2%) 1mo $305,000 $134 71
7226 Basque Country Dr 0.14mi 4/2.0 2,124 (-8%) 8mo $295,000 $139 71
6919 Hayden Dr 0.50mi 3/3.0 (-1) 2,322 (+0%) 3mo $425,000 $183 67
6811 Woodland Oaks 0.34mi 4/2.5 2,546 (+10%) 2mo $499,900 $196 66
7106 Durango Dr 0.50mi 4/2.5 2,468 (+6%) 0mo $369,000 $150 66
6718 Durango Creek Dr 0.53mi 4/2.5 2,214 (-5%) 7mo $324,999 $147 62
6806 Woodland Oaks 0.38mi 4/2.0 2,005 (-14%) 0mo $325,000 $162 58
7010 Durango Dr 0.48mi 3/2.5 (-1) 2,072 (-11%) 7mo $219,900 $106 50
33003 Westwood Square East Dr 0.70mi 3/2.0 (-1) 2,208 (-5%) 6mo $265,000 $120 47
40218 De Sota Rd 0.75mi 3/2.5 (-1) 2,176 (-6%) 10mo $629,000 $289 42
906 Wiley Dr 0.73mi 4/2.0 2,608 (+12%) 3mo $390,000 $150 40
319 Weisinger Dr 0.72mi 3/2.5 (-1) 2,541 (+10%) 6mo $519,950 $205 40

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

Projected returns pro-forma

10.0% appreciation · 0.32% rent growth · sell at horizon

5-year hold
IRR
23.8%
Equity multiple
2.89×
Total profit
$126,974
Equity at exit
$216,121
10-year hold
IRR
20.5%
Equity multiple
6.38×
Total profit
$361,073
Equity at exit
$466,073

Cash invested: $67,172 (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 77354

Home prices YoY
2.4%
Rents YoY
0.3%
Active inventory
1621
Price-to-rent
8.5×

Monthly cashflow live

Estimated rent
$2,360 high interval (Pro) →
Mortgage (P&I)
$1,258
Tax from tax record
$431 /mo · $5,177/yr
Insurance
$100
HOA
$38
Vacancy / Maint / Mgmt
$496
Net cashflow
$37

Break-even live

Break-even rent $2,313
Max offer price $239,900
Occupancy floor 93%

Sensitivity live

Price -10% $173 -5% $105 +0% $37 +5% $-31 +10% $-98
Rent -10% $-149 -5% $-56 +0% $37 +5% $131 +10% $224
Rate -1.0pp $158 -0.5pp $98 base $37 +0.5pp $-25 +1.0pp $-88

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
$59,975
Closing costs
$7,197
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 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
33200 Forest West St Magnolia, TX 1.0–3.0 1.5–2.5 1307 $4,065 $3.11 0d 22 0.15mi
7210 Alava Dr Magnolia, TX 4.0 3.0 2031 $2,235 $1.10 45d 1 0.21mi
33139 Oak Heights Pl Magnolia, TX 4.0 2.5 1896 $2,270 $1.20 6d 1 0.99mi
33154 Oak Heights Pl Magnolia, TX 4.0 2.5 1896 $2,345 $1.24 18d 1 1.00mi
33154 Oak Heights Pl Magnolia, TX 3.0–4.0 2.5 1896 $2,270 $1.20 0d 6 1.00mi
33154 Oak Heights Pl Magnolia, TX 4.0 2.5 1896 $2,345 $1.24 23d 1 1.00mi
33123 Oak Heights Pl Magnolia, TX 4.0 2.5 1896 $2,270 $1.20 6d 1 1.01mi
33130 Oak Heights Pl Magnolia, TX 4.0 2.5 1896 $2,270 $1.20 6d 1 1.01mi
33150 Willow Heights Ln Magnolia, TX 4.0 2.5 1896 $2,270 $1.20 6d 1 1.02mi
33146 Willow Heights Ln Magnolia, TX 4.0 2.5 1896 $2,270 $1.20 6d 1 1.02mi
3969 Eagle Nest Lake Ln Magnolia, TX 3.0 2.5 2986 $2,895 $0.97 14d 1 1.37mi

HOA detail

Monthly dues
$38 · $456/yr
Likely covers
pool

Listing history 39 events

  1. 2026-06-13
    days on market $239,900 Pending 78 DOM
  2. 2026-06-09
    days on market $239,900 Pending 76 DOM
  3. 2026-06-08
    days on market $239,900 Pending 75 DOM
  4. 2026-06-07
    statusdays on market $239,900 Pending 74 DOM
  5. 2026-06-04
    days on market $239,900 Active 71 DOM
  6. 2026-06-03
    days on market $239,900 Active 70 DOM
  7. 2026-06-02
    days on market $239,900 Active 69 DOM
  8. 2026-06-01
    days on market $239,900 Active 68 DOM
  9. 2026-05-31
    days on market $239,900 Active 67 DOM
  10. 2026-04-20
    price $239,900 1040-char remark
    Show marketing remark (1040 chars)

    $10k OFF!! Price adjustment!Corner Lot Opportunity Near 1488! Desirable corner lot, spacious two-story offers flexibility/space buyers are looking for right now. This 4-bedroom,2.5-bath home features an oversized bkyd w endless potential—whether you envision a pool, outdoor kitchen, play space, or your own private retreat, this property gives you the room to create it. Inside, oversized primary suite is a true escape, complete w vaulted ceilings, dual private closets, & full spa-like bath. All 3 secondary bdrms offer generously sized closets—no shortage of storage anywhere in this home. Main living area is bright & expansive, filled w natural light from large windows & designed for both everyday living & entertaining. Kitchen flows seamlessly into breakfast & dining areas, offering abundant cabinetry & functional space. Large utility room & an oversized half bath for guests add even more practicality. Washer/Dryer/Fridge included. Homes w this combo of location, lot size are move fast!

  11. 2026-03-25
    listed $249,900 Active 1040-char remark
    Show marketing remark (1040 chars)

    $10k OFF!! Price adjustment!Corner Lot Opportunity Near 1488! Desirable corner lot, spacious two-story offers flexibility/space buyers are looking for right now. This 4-bedroom,2.5-bath home features an oversized bkyd w endless potential—whether you envision a pool, outdoor kitchen, play space, or your own private retreat, this property gives you the room to create it. Inside, oversized primary suite is a true escape, complete w vaulted ceilings, dual private closets, & full spa-like bath. All 3 secondary bdrms offer generously sized closets—no shortage of storage anywhere in this home. Main living area is bright & expansive, filled w natural light from large windows & designed for both everyday living & entertaining. Kitchen flows seamlessly into breakfast & dining areas, offering abundant cabinetry & functional space. Large utility room & an oversized half bath for guests add even more practicality. Washer/Dryer/Fridge included. Homes w this combo of location, lot size are move fast!

  12. 2026-03-09
    historical
  13. 2026-02-25
    price $250,000
  14. 2026-01-29
    listed $255,000 Active
  15. 2026-01-29
    historical
  16. 2025-10-23
    price $275,000
  17. 2025-10-01
    listed $280,000 Active
  18. 2020-07-31
    soldstatus
  19. 2020-07-30
    price $200,990
  20. 2020-07-30
    soldstatus Sold
  21. 2020-03-07
    status Pending
  22. 2020-03-07
    price $210,990
  23. 2020-03-06
    status Active
  24. 2020-03-06
    status Pending
  25. 2020-01-30
    listed $210,000 Active
  26. 2020-01-29
    historical
  27. 2019-12-11
    listed $210,000 Active
  28. 2019-12-10
    historical
  29. 2019-10-07
    listed $210,000 Active
  30. 2019-10-06
    historical
  31. 2019-08-01
    listed $210,000 Active
  32. 2019-07-31
    historical
  33. 2019-07-17
    price $210,000
  34. 2019-06-19
    listed $219,990 Active
  35. 2014-08-25
    soldstatus Sold
  36. 2014-08-25
    soldstatus
  37. 2014-07-22
    status Pending, Continue to Show
  38. 2014-07-11
    status Option Pending
  39. 2014-06-19
    listed $167,000 Active

ⓘ 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
$5,177 · $431/mo
Projected year-2 tax
$5,177 · $431/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 1/10 Low FEMA zone X (unshaded) · 0% 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 8/10 Severe 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

Loading nearby amenities…

Taxation est. · year 1

Rental income
$28,326
− Mortgage interest
−$13,438
− Property taxes
−$5,177
− Insurance
−$1,200
− Repairs & maintenance
−$2,266
− Management
−$2,266
− HOA
−$456
− Depreciation
−$6,979
Taxable loss
−$3,456
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$829
After-tax cash flow
$1,277/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
Magnolia ISD
NCES district ID
4828740
Math proficiency
42% ▼ -7.00%
Reading proficiency
45% ▼ -4.00%
Median HH income
$71,692
Composite
39.46/100
National rank
#3958
State rank
#247 of 826 in TX

Livability — The Woodlands

Score
91/100
State rank
#1
US rank
#47

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Montgomery County · 663,713 people
City population
106,505
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
44,900
Household income
$112,504
Rent vs Own
20.1% rent · 79.9% own
Severe rent burden
586.0

Population outlook (Montgomery County) Hauer SSP2

Today (2025)
713,896 people
By 2030
805,263 · +12.8%
By 2040
992,708 · +39.1%
By 2050
1,179,590 · +65.2%
By 2075
1,628,084 · +128.1%
By 2100
1,937,880 · +171.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Hispanic / Latino 25% Two or more races 18% Black 3% Asian 1%
Hispanic origin (detail)
Mexican 14% Puerto Rican 1%
Common ancestry
Lithuanian 4% Slovak 2% Italian 2%
Foreign-born
11% · Canada, Vietnam
Languages at home
83% English-only · Spanish 15% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Montgomery

2024 margin
Solid R (+45.5) · D 26.8% · R 72.3%
2008→2024 swing
+7.2pp toward D · 2008: -52.7pp · 2024: -45.5pp
All cycles
2024: R+45.5 2020: R+43.8 2016: R+51.4 2012: R+60.7 2008: R+52.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 12.09%
Current HPI
512.87
Rent YoY
▲ 0.32%
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

+43.7% since first listed
30 events — show timeline
  • 2026-04-20 Price Changed $239,900 HARMLS
  • 2026-03-25 Listed $249,900 HARMLS
  • 2026-03-09 Listing Removed HARMLS
  • 2026-02-25 Price Changed $250,000 HARMLS
  • 2026-01-29 Listing Removed HARMLS
  • 2026-01-29 Listed $255,000 HARMLS
  • 2025-10-23 Price Changed $275,000 HARMLS
  • 2025-10-01 Listed $280,000 HARMLS
  • 2020-07-31 Sold (Public Records) Public Records
  • 2020-07-30 Price Changed $200,990 HARMLS
  • 2020-07-30 Sold (MLS) HARMLS
  • 2020-03-07 Pending HARMLS
  • 2020-03-07 Price Changed $210,990 HARMLS
  • 2020-03-06 Relisted HARMLS
  • 2020-03-06 Pending HARMLS
  • 2020-01-30 Listed $210,000 HARMLS
  • 2020-01-29 Listing Removed HARMLS
  • 2019-12-11 Listed $210,000 HARMLS
  • 2019-12-10 Listing Removed HARMLS
  • 2019-10-07 Listed $210,000 HARMLS
  • 2019-10-06 Listing Removed HARMLS
  • 2019-08-01 Listed $210,000 HARMLS
  • 2019-07-31 Listing Removed HARMLS
  • 2019-07-17 Price Changed $210,000 HARMLS
  • 2019-06-19 Listed $219,990 HARMLS
  • 2014-08-25 Sold (Public Records) Public Records
  • 2014-08-25 Sold (MLS) HARMLS
  • 2014-07-22 Pending HARMLS
  • 2014-07-11 Pending HARMLS
  • 2014-06-19 Listed $167,000 HARMLS

Property tax history

+3.5%/yr

Latest (2025): $5,177 · -5.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…