14150 Granger Pointe · Grangerland, TX 77302

$213,790

3 bd · 2.0 ba · 1,440 sqft · SingleFamily · 94 Days on market

Built 2026 Excellent condition $148/sqft · 11% below area Est $239k · 11% under $42/mo HOA · 2% of rent ↓ 11% since listing

---

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 +18.8/30.0
• ARV discount +12.3/15.0
• DSCR +5.9/10.0
• 1% rule +5.3/10.0
• Schools +5.1/10.0
• Condition / age +5.0/5.0
• Rent growth +3.3/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Key facts

• White cabinets
• Large walk-in closet
• 2 garage spots

Tags

• PRIVATE PRIMARY SUITE
• LARGE WALK-IN CLOSET
• WHITE CABINETS
• WHITE QUARTZ COUNTERTOPS
• GREY MOSAIC BACKSPLASH
• GREY TONE EVP FLOORING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $214k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $214 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $214k).
• Recommended offer: $195k (9.0% below list) — sets the bar for market timing.
• Cap rate 7.5% vs local median 5.1% in Grangerland — 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 C — affects rentability + tenant quality, not the cash-flow math above.
• Conroe ISD (other): math 57% / reading 57% proficiency, ranked #69 of 826 in TX (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+3.3%/yr); 1111 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).
• This rent runs 31% of the median local income ($85k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($195k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $16k (7%) 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; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $194,548 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% 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: 1.03% ✓
• Cap rate: 7.49%
• Cash-on-cash: 4.29%
• DSCR: 1.19
• GRM: 8.1

CMA / ARV

• ARV (median comp): $239,352
• List price: $213,790
• Delta: -10.68%
• 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
14162 Granger Pointe Ln	0.02mi	3/2.0	1,426 (-1%)	0mo	$214,590	$150	97
14170 Granger Pointe Ln	0.04mi	3/2.0	1,426 (-1%)	0mo	$227,940	$160	96
14312 Grey Pointe Ct	0.07mi	3/2.0	1,440 (0%)	2mo	$236,940	$165	95
14301 Grey Pointe Ct	0.09mi	3/2.0	1,440 (0%)	3mo	$229,940	$160	93
14304 Grey Pointe	0.09mi	3/2.0	1,426 (-1%)	2mo	$221,590	$155	93
14158 Granger Pointe Ln	0.02mi	4/2.0 (+1)	1,557 (+8%)	2mo	$254,040	$163	79
14166 Granger Pointe Ln	0.03mi	4/2.0 (+1)	1,557 (+8%)	2mo	$260,040	$167	79
14134 Granger Pointe Ln	0.03mi	4/2.0 (+1)	1,557 (+8%)	4mo	$244,040	$157	77
16785 Lonely Pines Dr	0.60mi	3/2.0	1,410 (-2%)	3mo	$184,900	$131	66
15427 Woody Haven Dr	0.61mi	3/2.0	1,516 (+5%)	1mo	$249,990	$165	62
16916 Rich Pines Dr	0.48mi	3/2.0	1,575 (+9%)	2mo	$202,995	$129	60
14409 Sugar Pines Dr	0.68mi	3/2.0	1,390 (-4%)	3mo	$200,000	$144	60

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 · 3.3% rent growth · sell at horizon

5-year hold

• IRR: -9.2%
• Equity multiple: 0.66×
• Total profit: $-20,282
• Equity at exit: $31,877

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,881
• Equity at exit: $18,485

Cash invested: $59,861 (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 77302

• Rents YoY: 3.3%
• Active inventory: 1111
• Price-to-rent: 8.1×

Monthly cashflow live

• Estimated rent: $2,194 medium
• Mortgage (P&I): −$1,121
• Tax est. 1.5%: −$267 /mo · $3,207/yr
• Insurance: −$89
• HOA: −$42
• Vacancy / Maint / Mgmt: −$461
• Net cashflow: $214

Break-even live

Break-even rent $1,923

Max offer price $213,790

Occupancy floor 85%

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: $53,448
• Closing costs: $6,414
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16703 Twisted Pine Dr Conroe, TX	3.0–4.0	2.0–3.0	1671	$1,900	$1.14	1d	13	0.78mi
17892 Brown Rd Conroe, TX	2.0	2.0	1500	$1,300	$0.87	19d	1	1.44mi

HOA detail

• Monthly dues: $42 · $504/yr

Listing history 16 events

1. 2026-05-19
   status Pending 691-char remark

   Show marketing remark (691 chars)

   Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

2. 2026-05-15
   price $213,790 691-char remark

   Show marketing remark (691 chars)

   Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

3. 2026-05-05
   price $212,790 218-char remark

   Show marketing remark (218 chars)

   The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage. White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet.

4. 2026-05-04
   price $212,790 691-char remark

   Show marketing remark (691 chars)

   Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

5. 2026-05-02
   price $217,790 218-char remark

   Show marketing remark (691 chars)

   Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

6. 2026-05-02
   price $217,790 691-char remark

   Show marketing remark (691 chars)

   Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

7. 2026-04-29
   price $214,790 218-char remark

   Show marketing remark (218 chars)

   The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage. White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet.

8. 2026-04-28
   price $214,790 691-char remark

   Show marketing remark (691 chars)

   Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

9. 2026-04-23
   price $222,790 218-char remark

   Show marketing remark (218 chars)

   The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage. White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet.

10. 2026-04-22
    price $222,790 691-char remark

    Show marketing remark (691 chars)

    Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

11. 2026-04-11
    listed $229,790 Active 218-char remark

    Show marketing remark (218 chars)

    The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage. White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet.

12. 2026-04-09
    price $229,790 691-char remark

    Show marketing remark (691 chars)

    Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

13. 2026-03-26
    status Active 691-char remark

    Show marketing remark (691 chars)

    Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

14. 2026-03-18
    status Pending 691-char remark

    Show marketing remark (691 chars)

    Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

15. 2026-03-02
    price $241,790 691-char remark

    Show marketing remark (691 chars)

    Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

16. 2026-02-06
    listed $239,790 Active 691-char remark

    Show marketing remark (691 chars)

    Brand new, energy-efficient home available by Mar 2026! The Cascade's private primary suite boasts dual sinks and a large walk-in closet for ample storage.White cabinets with white quartz countertops and grey mosiac backsplash, grey tone EVP flooring and multi-tone carpet. Zoned to Conroe ISD, Granger Pointe offers the charming town feel with premier access to the endless shopping, dining and entertainment that Conroe has to offer. Enjoy the local convenience and innovative energy-efficient homes that help lower utility bills. Each of our homes is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥112°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,333
• − Mortgage interest: −$11,976
• − Property taxes: −$3,207
• − Insurance: −$1,069
• − Repairs & maintenance: −$2,107
• − Management: −$2,107
• − HOA: −$504
• − Depreciation: −$6,219
• Taxable loss: −$855
• Est. tax savings @ 24.0%: +$205
• After-tax cash flow: $2,775/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 · 1 photo

Excellent 100/100 None rehab

This brand new, energy-efficient home is move-in ready with excellent condition and no visible repairs needed. Potential buyers and renters will appreciate the fresh paint, updated landscaping, and smart home security system.

Value-add opportunities

• Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics
• Both Replace landscaping with drought-tolerant plants — Drought-tolerant plants reduce maintenance and improve curb appeal
• Both Install smart home security system — Enhances safety and adds modern amenities

Renovation cost estimate screening

Value-add ROI direction

• Both Paint interior walls and trim — Fresh paint enhances curb appeal and interior aesthetics ↑
• Both Replace landscaping with drought-tolerant plants — Drought-tolerant plants reduce maintenance and improve curb appeal ↑
• Both Install smart home security system — Enhances safety and adds modern amenities ↑

ⓘ 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: Conroe ISD
• NCES district ID: 4815000
• Math proficiency: 57% ▼ -6.00%
• Reading proficiency: 57% ▼ -1.00%
• Median HH income: $71,541
• Composite: 50.65/100
• National rank: #1833
• State rank: #69 of 826 in TX

Livability — Grangerland

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

Census & demographics

• County: Montgomery County · 663,713 people
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 21,546
• Household income: $84,673
• Rent vs Own: 17.1% rent · 82.9% own
• Severe rent burden: 205.0

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: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 29% Two or more races 19% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 26% Puerto Rican 1%
• Common ancestry: Lithuanian 3% Italian 2% Slovak 2%
• Foreign-born: 13% · Canada, Vietnam, China
• Languages at home: 78% English-only · Spanish 20% Russian/Polish/Slavic 1% Other Indo-European 0%

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: ▼ -187.56%
• Current HPI: 262.1879
• Rent YoY: ▲ 3.30%
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-10.8% since first listed

16 events — show timeline

• 2026-05-19 Pending — HARMLS
• 2026-05-15 Price Changed $213,790 HARMLS
• 2026-05-05 Price Changed $212,790 Zillow
• 2026-05-04 Price Changed $212,790 HARMLS
• 2026-05-02 Price Changed $217,790 Zillow
• 2026-05-02 Price Changed $217,790 HARMLS
• 2026-04-29 Price Changed $214,790 Zillow
• 2026-04-28 Price Changed $214,790 HARMLS
• 2026-04-23 Price Changed $222,790 Zillow
• 2026-04-22 Price Changed $222,790 HARMLS
• 2026-04-11 Listed $229,790 Zillow
• 2026-04-09 Price Changed $229,790 HARMLS
• 2026-03-26 Relisted — HARMLS
• 2026-03-18 Pending — HARMLS
• 2026-03-02 Price Changed $241,790 HARMLS
• 2026-02-06 Listed $239,790 HARMLS