11719 Santa Fe Trl · Santa Fe, TX 77510

$239,900

3 bd · 2.0 ba · 1,520 sqft · SingleFamily public records · 68 Days on market

Built 2002 6,599 sqft lot $158/sqft · 13% below area Est $275k · 13% under $16/mo HOA

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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 +13.2/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Schools +3.5/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming and Comfortable, Loaded with Upgrades! Great location at end of cul-de-sac near park/walking trails, open concept, trendy colors throughout, popular floorplan, lots of space for storage, over $45k in extras including 2024 new American Standard 4 ton HVAC and new blown insulation, new carpets, new LG dw/stove/microwave/refrigerator, disposal replaced. Cherrywood cabinets with granite countertop in kitchen plus under cabinet lighting. Windows replaced with double pane, full gutters on exterior, fencing replaced, patio upgraded. Features full solar panel system at $104/mo. seller says cuts utilities in half or more! Enjoy the peaceful country lifestyle in one of Santa Fe's popular communities, relax on the front porch in the evening and entertain in the back yard all year. Ready for move-in, this is a must see today!

Key facts

• New lg appliances
• New blown insulation
• Cherrywood cabinets

Tags

• NEAR PARK WALKING TRAILS
• NEW AMERICAN STANDARD HVAC
• NEW BLOWN INSULATION
• NEW CARPETS
• NEW LG APPLIANCES
• CHERRYWOOD CABINETS

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $10k ($116k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($15k rent vs $240k).
• Recommended offer: $226k (6.0% below list) — sets the bar for market timing.
• Cap rate 54.5% vs local median 4.5% in Santa Fe — 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 67/100 on livability (#550 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Santa Fe ISD (suburban): math 38% / reading 39% proficiency, ranked #385 of 826 in TX (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 236 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 3,258 units permitted in Galveston County in 2024 (0 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 $7k 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $67k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 68 days — a 6% lower offer ($226k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 11y ago; this cycle's ask has dropped $20k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/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 68 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. 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.
6. 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.
7. 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: 6.06% ✓
• Cap rate: 54.46%
• Cash-on-cash: 172.01%
• DSCR: 8.65
• GRM: 1.4

CMA / ARV

• ARV (median comp): $274,966
• List price: $239,900
• Delta: -12.75%
• 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
11806 Oregon Trl	0.16mi	3/2.0	1,446 (-5%)	2mo	$299,900	$207	83
11814 Santa Fe Trl	0.12mi	3/2.0	1,584 (+4%)	7mo	$278,000	$176	81
4238 Chisholm Trl	0.26mi	3/2.0	1,555 (+2%)	5mo	$295,000	$190	80
11731 Santa Fe Trl	0.03mi	3/2.0	1,356 (-11%)	4mo	$257,500	$190	78
11837 12th St	0.26mi	3/2.0	1,639 (+8%)	7mo	$317,500	$194	69
11811 15th St	0.42mi	3/2.0	1,511 (-1%)	13mo	$245,000	$162	69
11826 Old Spanish Trl	0.17mi	3/2.0	1,374 (-10%)	10mo	$269,999	$197	68
4433 Avenue L	0.55mi	3/2.0	1,500 (-1%)	10mo	$289,900	$193	64
3721 Avenue E	0.72mi	3/2.0	1,400 (-8%)	4mo	$332,500	$238	50
5225 Main St	0.72mi	3/2.0	1,600 (+5%)	11mo	$239,000	$149	48
11905 15th St	0.47mi	2/2.0 (-1)	1,370 (-10%)	10mo	$200,000	$146	48
12019 21st St	0.74mi	3/2.0	1,365 (-10%)	9mo	$260,000	$190	41

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 9.56×
• Total profit: $574,716
• Equity at exit: $35,770

10-year hold

• IRR: —
• Equity multiple: 20.23×
• Total profit: $1,291,506
• Equity at exit: $20,742

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.

Methodology + full state rankings →

ZIP-level market 77510

• Home prices YoY: -15.3%
• Active inventory: 236
• Price-to-rent: 1.4×

Monthly cashflow live

• Estimated rent: $14,545 medium
• Mortgage (P&I): −$1,258
• Tax from tax record: −$488 /mo · $5,859/yr
• Insurance: −$100
• HOA: −$16
• Vacancy / Maint / Mgmt: −$3,055
• Net cashflow: $9,629

Break-even live

Break-even rent $2,357

Max offer price $239,900

Occupancy floor 29%

Sensitivity live

Price	-10% $9,764	-5% $9,696	+0% $9,629	+5% $9,561	+10% $9,493
Rent	-10% $8,479	-5% $9,054	+0% $9,629	+5% $10,203	+10% $10,778
Rate	-1.0pp $9,749	-0.5pp $9,690	base $9,629	+0.5pp $9,566	+1.0pp $9,503

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: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
11844 13th St Santa Fe, TX	3.0	2.0	1472	$1,750	$1.19	23d	1	0.29mi
4120 Avenue O #10 Santa Fe, TX	3.0	2.0	1280	$74,621	$58.30	44d	1	1.18mi

HOA detail

• Monthly dues: $16 · $192/yr

Listing history 47 events

1. 2026-06-21
   days on market $239,900 Active 68 DOM
2. 2026-06-18
   days on market $239,900 Active 65 DOM
3. 2026-06-17
   days on market $239,900 Active 64 DOM
4. 2026-06-16
   days on market $239,900 Active 63 DOM
5. 2026-06-15
   days on market $239,900 Active 62 DOM
6. 2026-06-13
   days on market $239,900 Active 60 DOM
7. 2026-06-09
   days on market $239,900 Active 56 DOM
8. 2026-06-08
   days on market $239,900 Active 55 DOM
9. 2026-06-07
   days on market $239,900 Active 54 DOM
10. 2026-06-04
    days on market $239,900 Active 51 DOM
11. 2026-06-03
    days on market $239,900 Active 50 DOM
12. 2026-06-02
    days on market $239,900 Active 49 DOM
13. 2026-06-01
    days on market $239,900 Active 48 DOM
14. 2026-05-31
    days on market $239,900 Active 47 DOM
15. 2026-05-05
    price $239,900 839-char remark

    Show marketing remark (839 chars)

    Charming and Comfortable, Loaded with Upgrades! Great location at end of cul-de-sac near park/walking trails, open concept, trendy colors throughout, popular floorplan, lots of space for storage, over $45k in extras including 2024 new American Standard 4 ton HVAC and new blown insulation, new carpets, new LG dw/stove/microwave/refrigerator, disposal replaced. Cherrywood cabinets with granite countertop in kitchen plus under cabinet lighting. Windows replaced with double pane, full gutters on exterior, fencing replaced, patio upgraded. Features full solar panel system at $104/mo. seller says cuts utilities in half or more! Enjoy the peaceful country lifestyle in one of Santa Fe's popular communities, relax on the front porch in the evening and entertain in the back yard all year. Ready for move-in, this is a must see today!

16. 2026-04-14
    listed $259,900 Active 839-char remark

    Show marketing remark (839 chars)

    Charming and Comfortable, Loaded with Upgrades! Great location at end of cul-de-sac near park/walking trails, open concept, trendy colors throughout, popular floorplan, lots of space for storage, over $45k in extras including 2024 new American Standard 4 ton HVAC and new blown insulation, new carpets, new LG dw/stove/microwave/refrigerator, disposal replaced. Cherrywood cabinets with granite countertop in kitchen plus under cabinet lighting. Windows replaced with double pane, full gutters on exterior, fencing replaced, patio upgraded. Features full solar panel system at $104/mo. seller says cuts utilities in half or more! Enjoy the peaceful country lifestyle in one of Santa Fe's popular communities, relax on the front porch in the evening and entertain in the back yard all year. Ready for move-in, this is a must see today!

17. 2026-04-13
    historical
18. 2026-03-06
    listed $259,900 Active
19. 2026-03-04
    historical
20. 2026-02-27
    price $259,900
21. 2026-01-21
    listed $274,900 Active
22. 2023-10-30
    soldstatus
23. 2023-10-27
    soldstatus Sold
24. 2023-10-10
    status Pending
25. 2023-10-04
    status Option Pending
26. 2023-08-28
    price $240,000
27. 2023-08-16
    listed $245,000 Active
28. 2023-08-08
    historical
29. 2023-07-25
    listed $245,000 Active
30. 2023-07-17
    historical
31. 2023-06-23
    price $250,000
32. 2023-06-09
    price $256,500
33. 2023-05-25
    listed $260,000 Active
34. 2016-05-19
    historical
35. 2016-05-17
    soldstatus
36. 2016-05-16
    soldstatus Sold
37. 2016-05-06
    status Pending
38. 2016-04-25
    status Option Pending
39. 2016-04-19
    listed $165,000 Active
40. 2015-10-07
    historical
41. 2015-10-06
    soldstatus
42. 2015-10-05
    soldstatus Sold
43. 2015-08-15
    status Pending
44. 2015-08-05
    status Option Pending
45. 2015-08-01
    listed $159,000 Active
46. 2007-06-26
    soldstatus
47. 2002-06-12
    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: $5,859 · $488/mo
• Projected year-2 tax: $5,859 · $488/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 (shaded) · 24% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 26 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $174,544
• − Mortgage interest: −$13,438
• − Property taxes: −$5,859
• − Insurance: −$1,200
• − Repairs & maintenance: −$13,964
• − Management: −$13,964
• − HOA: −$192
• − Depreciation: −$6,979
• Taxable income: $118,949
• Est. tax owed @ 24.0%: −$28,548
• After-tax cash flow: $86,994/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: Santa Fe ISD
• NCES district ID: 4839270
• Math proficiency: 38% ▼ -10.00%
• Reading proficiency: 39% ▼ -2.00%
• Median HH income: $66,769
• Composite: 34.86/100
• National rank: #5091
• State rank: #385 of 826 in TX

Livability — Santa Fe

• Score: 67/100
• State rank: #550
• US rank: #10637

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Santa Fe, TX
• Population (ZIP): 13,938

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: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 21% Two or more races 17% Asian 2%
• Hispanic origin (detail): Mexican 14% Puerto Rican 3% Cuban 1%
• Common ancestry: Lithuanian 4% Italian 3% Slovak 1%
• Foreign-born: 5% · Canada
• Languages at home: 89% English-only · Spanish 10% Tagalog/Filipino 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: ▼ -54.15%
• Current HPI: 299.2228
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+50.9% since first listed

33 events — show timeline

• 2026-05-05 Price Changed $239,900 HARMLS
• 2026-04-14 Listed $259,900 HARMLS
• 2026-04-13 Listing Removed — HARMLS
• 2026-03-06 Listed $259,900 HARMLS
• 2026-03-04 Listing Removed — HARMLS
• 2026-02-27 Price Changed $259,900 HARMLS
• 2026-01-21 Listed $274,900 HARMLS
• 2023-10-30 Sold (Public Records) — Public Records
• 2023-10-27 Sold (MLS) — HARMLS
• 2023-10-10 Pending — HARMLS
• 2023-10-04 Pending — HARMLS
• 2023-08-28 Price Changed $240,000 HARMLS
• 2023-08-16 Listed $245,000 HARMLS
• 2023-08-08 Listing Removed — HARMLS
• 2023-07-25 Listed $245,000 HARMLS
• 2023-07-17 Listing Removed — HARMLS
• 2023-06-23 Price Changed $250,000 HARMLS
• 2023-06-09 Price Changed $256,500 HARMLS
• 2023-05-25 Listed $260,000 HARMLS
• 2016-05-19 Listing Removed — HARMLS
• 2016-05-17 Sold (Public Records) — Public Records
• 2016-05-16 Sold (MLS) — HARMLS
• 2016-05-06 Pending — HARMLS
• 2016-04-25 Pending — HARMLS
• 2016-04-19 Listed $165,000 HARMLS
• 2015-10-07 Listing Removed — HARMLS
• 2015-10-06 Sold (Public Records) — Public Records
• 2015-10-05 Sold (MLS) — HARMLS
• 2015-08-15 Pending — HARMLS
• 2015-08-05 Pending — HARMLS
• 2015-08-01 Listed $159,000 HARMLS
• 2007-06-26 Sold (Public Records) — Public Records
• 2002-06-12 Sold (Public Records) — Public Records

Property tax history

+3.7%/yr

Latest (2025): $5,859 · +6.7% YoY. Source: county tax records.