CashFlowRE
Sign in Sign up
19638 San Angelo Park Dr
F Composite 34.79
Why this score? — see what drove the F 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).

  • ARV discount +10.4/15.0
  • Schools +8.0/10.0
  • Cash flow +4.5/30.0
  • Condition / age +4.0/5.0
  • 1% rule +3.2/10.0
  • Livability +2.5/5.0
  • Rent growth +2.2/5.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$305,000

19638 San Angelo Park Dr · Cypress, TX 77433
3 bd · 2.5 ba · 1,813 sqft · Townhouse public records · 69 Days on market
Built 2021 Good condition 3,858 sqft lot 2-car garage $168/sqft · 6% below area Est $326k · 6% under $222/mo HOA · 9% of rent ↓ 3% since listing

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

Listing remarks

Enjoy the best of both worlds- A like-new townhome located in a quiet, fully developed section of Bridgeland with no ongoing construction and no required toll fees for access. And as an added bonus, HOA covers lawn care, exterior paint, and roof maintenance for easy, low-upkeep living! This lightly lived-in and beautifully maintained home offers first-floor living and 3 bedrooms, 2.5 baths, 2-car garage, with upstairs flex space ideal for a home office or game room. Bright, open layout with wood shutters, neutral paint, and timeless finishes throughout. Kitchen features large island with tile accent, granite counters, SS appliances, and walk-in pantry.

Key facts

  • Hoa covers lawn care
  • First-floor living
  • Like-new townhome

Tags

LIKE-NEW TOWNHOMEQUIET SECTION OF BRIDGELANDHOA COVERS LAWN CAREHOA COVERS EXTERIOR PAINTHOA COVERS ROOF MAINTENANCEFIRST-FLOOR LIVING

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $305k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-785 ($-9k/yr) — negative.
  • To cash-flow at today's rent, offer at most $197k (35.4% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $251k (17.6% below list).
  • Recommended offer: $197k (35.4% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads: area grade F — affects rentability + tenant quality, not the cash-flow math above.
  • Cypress-Fairbanks ISD (suburban): math 45% / reading 52% proficiency, ranked #161 of 826 in TX (top 20%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Pope El (math 81% / reading 78%, grade A, #35 of 4,322 statewide, top 1%, 1,001 students, 12% FRL); Smith Middle (math 79% / reading 78%, grade A+, #19 of 1,662 statewide, top 1%, 2,057 students, 14% FRL); Cypress-Fairbanks J J A E P (12 students, 0% FRL) — zoned schools average 8% FRL vs 43% district-wide (34 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 79% at this address vs 48% district-wide (+30 pts) — the actual schools serving this property are materially stronger than the Cypress-Fairbanks ISD average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents soft (-1.3%/yr); 3007 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals lingering (median 88d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 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 $9k 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.

Negotiation context

  • It's been on market 69 days — a 6% lower offer ($287k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts 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

  • Watch-outs: property tax is 3.2% of price.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $197,157 (35.4% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
0.82%
Cap rate
3.21%
Cash-on-cash
-11.03%
DSCR
0.51
GRM
10.1

CMA / ARV

ARV (median comp)
$325,852
List price
$305,000
Delta
-6.40%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
19610 Talley Valley Dr 0.07mi 3/2.5 1,754 (-3%) 2mo $299,950 $171 90
19662 San Angelo Park Dr 0.04mi 3/2.5 1,916 (+6%) 3mo $325,000 $170 87
19634 San Angelo Park Dr 0.01mi 3/2.5 1,802 (-1%) 21mo $315,000 $175 81
19658 San Angelo Park Dr 0.03mi 3/2.5 1,916 (+6%) 15mo $325,000 $170 77
15302 Spanish Ranchos Ways 0.25mi 3/2.0 1,871 (+3%) 12mo $400,000 $214 71
15306 Spanish Ranchos Ways 0.26mi 2/2.0 (-1) 1,800 (-1%) 17mo $425,000 $236 66
15130 Cougar Overlook Ct 0.03mi 3/2.5 1,975 (+9%) 23mo $339,000 $172 65
15322 Spanish Ranchos Way 0.28mi 2/2.0 (-1) 1,638 (-10%) 6mo $345,500 $211 59
15339 Spanish Ranchos Way 0.30mi 3/2.0 1,604 (-12%) 13mo $364,900 $227 54

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
-41.1%
Equity multiple
-0.24×
Total profit
$-106,322
Equity at exit
$45,476
10-year hold
IRR
Equity multiple
-1.15×
Total profit
$-183,594
Equity at exit
$26,371

Cash invested: $85,400 (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.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
6 active · 2 under contract
Months of supply
12.0 mo (8%/mo absorbed)
Median asking
$325,000 ($169/sqft)
Median days on market
62 d
This list price
lowest-priced of the active set
ARV vs active asking
+6.1% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 77433

Home prices YoY
-28.5%
Rents YoY
-1.3%
Active inventory
3007
Price-to-rent
10.1×

Monthly cashflow live

Estimated rent
$2,513 high interval (Pro) →
Mortgage (P&I)
$1,599
Tax from tax record
$821 /mo · $9,858/yr
Insurance
$127
HOA
$222
Vacancy / Maint / Mgmt
$528
Net cashflow
$-785

Break-even live

Break-even rent $3,506
Max offer price $197,157
Occupancy floor

Sensitivity live

Price -10% $-612 -5% $-698 +0% $-785 +5% $-871 +10% $-957
Rent -10% $-983 -5% $-884 +0% $-785 +5% $-685 +10% $-586
Rate -1.0pp $-631 -0.5pp $-707 base $-785 +0.5pp $-864 +1.0pp $-944

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
$76,250
Closing costs
$9,150
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 14 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
19818 Upper Canyon Ct Cypress, TX 4.0 3.0 1891 $2,595 $1.37 87d 1 0.25mi
19818 Upper Canyon Ct Cypress, TX 4.0 3.0 1891 $2,595 $1.37 90d 1 0.25mi
15323 Leal Rancho Ct Cypress, TX 3.0 3.0 1964 $2,600 $1.32 10d 1 0.32mi
21815 Sunshine Cove Ln Cypress, TX 3.0 2.0 1780 $2,650 $1.49 139d 1 0.52mi
9743 Avalon View Dr Cypress, TX 4.0 2.0 1830 $2,495 $1.36 88d 1 0.55mi
9019 Ashland Cottage Ln Unit 9019 Cypress, TX 4.0 3.0 2514 $2,900 $1.15 20d 1 0.93mi
18710 Colorado River Ln Cypress, TX 3.0 2.5 2033 $2,545 $1.25 101d 1 1.09mi
16110 Swift Fox Ct Cypress, TX 4.0 3.0 2601 $2,600 $1.00 139d 1 1.12mi
9115 Brixham Dr Cypress, TX 3.0 2.0 1772 $2,450 $1.38 29d 1 1.15mi
18618 Courteous Way Cypress, TX 3.0 3.0 2035 $2,875 $1.41 139d 1 1.21mi
16200 Bridgeland High School Dr Cypress, TX 1.0–3.0 1.0–2.0 1156 $3,181 $2.75 0d 41 1.27mi
11250 Mason Rd Cypress, TX 1.0–3.0 1.0–2.0 988 $2,295 $2.32 3d 31 1.31mi
18396 Marvelous Pl #233 Cypress, TX 2.0 2.0 1310 $1,993 $1.52 0d 1 1.47mi
18364 Marvelous Pl Cypress, TX 2.0 2.0 1310 $1,228 $0.94 10d 1 1.47mi

Property features AI

Finance

Other
Full ownership
HOA & community
Association: InframarkAnnual association feeCommunity amenities include clubhouse, pool, fitness center, playground, parks, trails, tennis and basketball courts, dog park, picnic area, maintenance of groundsAssociation fee covers clubhouse, common areas, grounds maintenance and recreation facilities

Exterior

Parking
Attached 2-car garage with garage door opener
Security
Owned security systemSmoke detectors
Utilities
Public waterPublic sewer
Home design
Residential property2-story homeSouth-facing
Construction
Built in 2021Brick, cement siding and stone exteriorComposition roofSlab foundationBuilt by Chesmar
Exterior features
DeckPatioPrivate yardFence (partial)Sprinkler/irrigationPaved drivewayFront yard

Interior

Kitchen
DishwasherDisposalGas ovenGas rangeMicrowaveOvenENERGY STAR qualified appliances
Bedrooms
Primary bedroom (Second level)Bedroom (Second level)Bedroom (Second level)
Flooring
CarpetTile
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central heating (gas)Central air conditioning (electric)
Interior features
Breakfast barDouble vanityHigh ceilingsKitchen islandKitchen/family room comboPrimary bedroom with attached bathPantryTub/showerWindow treatmentsCeiling fansProgrammable thermostatLow emissivity windowsWindow coveringsVentilation (improved indoor air quality)Energy-efficient appliances and systems
Laundry & utility
Laundry in utility roomElectric dryer hookup

HOA detail $222/mo · $2,664/yr

Likely covers
landscapingroof

Listing history 50 events

  1. 2026-09-23
    days on market $305,000 Active 69 DOM
  2. 2026-09-22
    days on market $305,000 Active 68 DOM
  3. 2026-09-21
    days on market $305,000 Active 67 DOM
  4. 2026-09-20
    days on market $305,000 Active 66 DOM
  5. 2026-09-19
    days on market $305,000 Active 65 DOM
  6. 2026-09-18
    days on market $305,000 Active 64 DOM
  7. 2026-09-17
    days on market $305,000 Active 63 DOM
  8. 2026-09-16
    days on market $305,000 Active 62 DOM
  9. 2026-09-15
    days on market $305,000 Active 61 DOM
  10. 2026-09-14
    days on market $305,000 Active 60 DOM
  11. 2026-09-13
    days on market $305,000 Active 59 DOM
  12. 2026-09-12
    days on market $305,000 Active 58 DOM
  13. 2026-09-11
    days on market $305,000 Active 57 DOM
  14. 2026-09-05
    days on market $305,000 Active 51 DOM
  15. 2026-09-04
    days on market $305,000 Active 50 DOM
  16. 2026-09-02
    days on market $305,000 Active 48 DOM
  17. 2026-08-31
    days on market $305,000 Active 46 DOM
  18. 2026-08-29
    days on market $305,000 Active 44 DOM
  19. 2026-08-28
    days on market $305,000 Active 43 DOM
  20. 2026-08-27
    days on market $305,000 Active 42 DOM
  21. 2026-08-26
    days on market $305,000 Active 41 DOM
  22. 2026-08-25
    days on market $305,000 Active 40 DOM
  23. 2026-08-24
    days on market $305,000 Active 39 DOM
  24. 2026-08-23
    days on market $305,000 Active 38 DOM
  25. 2026-08-22
    days on market $305,000 Active 37 DOM
  26. 2026-08-21
    days on market $305,000 Active 36 DOM
  27. 2026-08-20
    days on market $305,000 Active 35 DOM
  28. 2026-08-19
    days on market $305,000 Active 34 DOM
  29. 2026-08-18
    days on market $305,000 Active 33 DOM
  30. 2026-08-17
    days on market $305,000 Active 32 DOM
  31. 2026-08-16
    days on market $305,000 Active 31 DOM
  32. 2026-08-15
    days on market $305,000 Active 30 DOM
  33. 2026-08-14
    days on market $305,000 Active 29 DOM
  34. 2026-08-13
    days on market $305,000 Active 28 DOM
  35. 2026-08-12
    days on market $305,000 Active 27 DOM
  36. 2026-08-11
    days on market $305,000 Active 26 DOM
  37. 2026-08-10
    days on market $305,000 Active 25 DOM
  38. 2026-08-09
    days on market $305,000 Active 24 DOM
  39. 2026-08-08
    days on market $305,000 Active 23 DOM
  40. 2026-08-06
    days on market $305,000 Active 21 DOM
  41. 2026-08-05
    days on market $305,000 Active 20 DOM
  42. 2026-08-04
    days on market $305,000 Active 19 DOM
  43. 2026-08-03
    days on market $305,000 Active 18 DOM
  44. 2026-07-31
    days on market $305,000 Active 15 DOM
  45. 2026-07-30
    days on market $305,000 Active 14 DOM
  46. 2026-07-30
    days on market $305,000 Active 13 DOM
  47. 2026-07-28
    days on market $305,000 Active 12 DOM
  48. 2026-07-26
    days on market $305,000 Active 10 DOM
  49. 2026-07-24
    days on market $305,000 Active 8 DOM
  50. 2026-07-23
    days on market $305,000 Active 7 DOM

ⓘ 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
$9,858 · $821/mo
Projected year-2 tax
$9,858 · $821/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 (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 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
$30,157
− Mortgage interest
−$17,085
− Property taxes
−$9,858
− Insurance
−$1,525
− Repairs & maintenance
−$2,413
− Management
−$2,413
− HOA
−$2,664
− Depreciation
−$8,873
Taxable loss
−$14,673
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$3,521
After-tax cash flow
$-5,895/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 · 12 photos

Good 80/100 None rehab

This move-in-ready townhome in Bridgeland offers a good condition with modern updates and a quiet location.

Value-add opportunities

  • Both Paint exterior siding — Enhances curb appeal and value
  • Both Replace carpet in bedrooms — Freshens up the interior and improves comfort
  • Both Install smart home devices — Enhances convenience and adds modern appeal
B Composite school gradezoned avg 80/100

Zoned Schools

Elementary Pope El A TX #35/4,322 Nat'l #1,230/41,679 Middle Smith Middle A+ TX #19/1,662 Nat'l #332/14,009 High Bridgeland H S A TX #34/1,632 Nat'l #1,002/17,239

Schools (NCES district)

District
Cypress-Fairbanks ISD
NCES district ID
4816110
Math proficiency
45% ▼ -12.00%
Reading proficiency
52% ▼ -2.00%
Median HH income
$72,025
Composite
43.63/100
National rank
#2968
State rank
#161 of 826 in TX

Livability — Cypress

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

Census & demographics

County
Harris County · 5,571,493 people
City population
212,884
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
116,550
Household income
$143,934
Rent vs Own
18.5% rent · 81.5% own
Severe rent burden
16% of renters

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
Highly diverse neighborhood (Simpson 0.73)
Race & ethnicity
White 39% Hispanic / Latino 27% Black 17% Two or more races 14% Asian 13%
Hispanic origin (detail)
Mexican 16%
Common ancestry
Lithuanian 2% Romanian 1% Italian 1%
Foreign-born
21% · Canada, Vietnam, China
Languages at home
66% English-only · Spanish 19% Other Indo-European 4% Vietnamese 4%

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

Price history

-3.2% since first listed
6 events — show timeline
  • 2026-07-16 Listed $305,000 HARMLS
  • 2026-02-12 Listing Removed HARMLS
  • 2025-11-06 Listed $315,000 HARMLS
  • 2025-09-26 Listing Removed HARMLS
  • 2025-09-02 Price Changed $310,000 HARMLS
  • 2025-03-26 Listed $315,000 HARMLS

Property tax history

+58.6%/yr

Latest (2025): $9,858 · -4.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…