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3 Chuckwagon Ct
C+ Composite 60.62
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 +20.1/30.0
  • ARV discount +15.0/15.0
  • 1% rule +6.9/10.0
  • DSCR +6.4/10.0
  • Livability +3.7/5.0
  • Schools +3.5/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$205,000

3 Chuckwagon Ct · Angleton, TX 77515
4 bd · 3.0 ba · 2,297 sqft · SingleFamily public records · 8 Days on market
Built 1984 10,798 sqft lot Est $338k · 39% under $23/mo HOA · 1% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

PERFECT LOCATION, WALK TO SCHOOLS, AND FREEDOM PARK, OPEN LIVING, DINING AND BREAKFAST AREA, QUIET DEN OFF KITCHEN, FRENCH DOORS LEADING TO BEAUTIFUL DECK, SUPER LARGE (1/4 ACRE FENCED YARD) MASTER BATH WITH DRESSING AREA AND PRIVATE PATIO FOR MORNING COFFEE, FOUR BEDROOMS DOWN, ONE COULD BE MEDIA ROOM, HAS ELECTRIC SCREEN THAT LETS DOWN, ALONG WITH SPEAKER SYSTEM, BONUS LOFT ROOM, SMALL OFFICE AND HUGE STORAGE CLOSET, WELCOME ENTRY WITH CLOSET, WBFP, LOTS OF STORAGE.

Key facts

  • 0.25 acre lot
  • 2 garage spots
  • Built 1984

Property features AI

Finance

  • Other: Seller disclosure available
  • HOA & community: Sonora HOA with an annual fee of $275

Exterior

  • Parking: Attached 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Built in 1984; Single-level entry on slab foundation
  • Construction: Brick and vinyl siding exterior; Composition roof; Slab foundation
  • Exterior features: Subdivision lot

Interior

  • Bedrooms: Up to 5 possible bedrooms; Primary/main bedroom located on the first floor
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: One fireplace; Total of 4 rooms

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/3.0-bath single-family listed at $205k.

Deal economics

  • At list price, monthly cash flow is $257 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $205k).
  • Cap rate 7.8% vs local median 4.0% in Angleton — 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 (#171 in TX, #4,520 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F.
  • Angleton ISD (suburban): math 36% / reading 44% proficiency, ranked #375 of 826 in TX (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Rancho Isabella El (math 42% / reading 47%, grade F, #1,155 of 4,322 statewide, top 29%, 418 students, 68% FRL); Angleton J H School (math 26% / reading 41%, grade F, #911 of 1,662 statewide, top 56%, 1,561 students, 68% FRL); Angleton H S (math 22% / reading 45%, grade F, #1,011 of 1,632 statewide, top 63%, 2,066 students, 67% FRL).
  • Market conditions: 921 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 3,960 units permitted in Brazoria County in 2024 (593 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($89k/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.
  • Brazoria County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 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

  • Watch-outs: property tax is 2.8% of price.
  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $205,000

Questions for the listing agent

  1. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  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
1.19%
Cap rate
7.80%
Cash-on-cash
5.37%
DSCR
1.24
GRM
7.0

CMA / ARV

ARV (on-the-fly)
$337,659
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
829 Greystone Ln 0.55mi 4/3.0 2,300 (+0%) 6mo $361,400 $157 69
110 Kelly St 0.66mi 4/2.5 2,267 (-1%) 1mo $260,360 $115 64
1508 N Blue Bonnet Ln 0.40mi 4/2.5 2,477 (+8%) 3mo $450,000 $182 64
18 Keystone Ct 0.64mi 3/3.0 (-1) 2,316 (+1%) 4mo $355,900 $154 61
7 Keystone Ct 0.59mi 4/2.0 2,202 (-4%) 4mo $357,400 $162 58
640 Greystone Ln 0.72mi 4/2.0 2,320 (+1%) 3mo $350,400 $151 58
1523 Windrose Bnd 0.74mi 4/2.5 2,388 (+4%) 1mo $299,500 $125 56
117 Lasso St 0.44mi 4/3.0 1,957 (-15%) 6mo $239,900 $123 49
16 Keystone Ct 0.62mi 4/2.0 2,500 (+9%) 4mo $360,900 $144 49
6 Keystone Ct 0.60mi 4/2.0 2,557 (+11%) 5mo $360,400 $141 45
644 Greystone Ln 0.71mi 4/2.0 2,557 (+11%) 2mo $360,400 $141 42
1506 Windrose Bnd 0.71mi 3/2.5 (-1) 1,963 (-14%) 6mo $289,000 $147 31

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
-7.9%
Equity multiple
0.71×
Total profit
$-16,669
Equity at exit
$30,566
10-year hold
IRR
1.8%
Equity multiple
1.13×
Total profit
$7,326
Equity at exit
$17,725

Cash invested: $57,400 (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.

ZIP-level market 77515

Home prices YoY
-5.1%
Active inventory
921
Price-to-rent
7.0×

Monthly cashflow live

Estimated rent
$2,436 medium interval (Pro) →
Mortgage (P&I)
$1,075
Tax from tax record
$484 /mo · $5,809/yr
Insurance
$85
HOA
$23
Vacancy / Maint / Mgmt
$512
Net cashflow
$257

Break-even live

Break-even rent $2,111
Max offer price $205,000
Occupancy floor 84%

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
$51,250
Closing costs
$6,150
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
513 Robin St Angleton, TX 4.0 2.0 1900 $2,495 $1.31 22d 1 0.90mi
3606 Atlas Point Ln Angleton, TX 3.0 2.0 1876 $2,250 $1.20 1d 1 1.33mi

HOA detail

Monthly dues
$23 · $276/yr
Likely covers
electric

Listing history 6 events

  1. 2026-06-18
    days on market $205,000 Active 8 DOM
  2. 2026-06-17
    days on market $205,000 Active 7 DOM
  3. 2026-06-16
    days on market $205,000 Active 6 DOM
  4. 2026-06-15
    days on market $205,000 Active 5 DOM
  5. 2026-06-13
    remarks 662-char remark
  6. 2026-06-13
    listed $205,000 Active 3 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
$5,809 · $484/mo
Projected year-2 tax
$5,809 · $484/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 5/10 Major
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥111°F today · 25 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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,232
− Mortgage interest
−$11,483
− Property taxes
−$5,809
− Insurance
−$1,025
− Repairs & maintenance
−$2,339
− Management
−$2,339
− HOA
−$276
− Depreciation
−$5,964
Taxable loss
−$2
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1
After-tax cash flow
$3,083/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
Angleton ISD
NCES district ID
4808310
Math proficiency
36% ▼ -8.00%
Reading proficiency
44% ▲ 1.00%
Median HH income
$55,670
Composite
35.01/100
National rank
#5046
State rank
#375 of 826 in TX

Livability — Angleton

Score
74/100
State rank
#171
US rank
#4520

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Angleton, TX
County
Brazoria County · 374,982 people
City population
34,088
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
34,088
Household income
$88,787
Rent vs Own
25.4% rent · 74.6% own
Severe rent burden
785.0

Population outlook (Brazoria County) Hauer SSP2

Today (2025)
420,414 people
By 2030
457,585 · +8.8%
By 2040
532,232 · +26.6%
By 2050
605,399 · +44.0%
By 2075
779,358 · +85.4%
By 2100
883,759 · +110.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 55% Hispanic / Latino 33% Two or more races 18% Black 8% Asian 2%
Hispanic origin (detail)
Mexican 28%
Common ancestry
Lithuanian 3% Romanian 2% Slovak 1%
Foreign-born
8% · Canada, Vietnam
Languages at home
78% English-only · Spanish 20% Other Asian/Pacific 1%

Political lean MEDSL · Brazoria

2024 margin
R (+19.7) · D 39.5% · R 59.2% · Other 1.3%
2008→2024 swing
+9.9pp toward D · 2008: -29.6pp · 2024: -19.7pp
All cycles
2024: R+19.7 2020: R+18.2 2016: R+24.6 2012: R+34.2 2008: R+29.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -15.59%
Current HPI
288.7286
Rent YoY
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

+18.8% since first listed
7 events — show timeline
  • 2026-06-10 Listed $205,000 HARMLS
  • 2014-11-12 Listing Removed HARMLS
  • 2014-10-09 Sold (Public Records) Public Records
  • 2014-10-08 Sold (MLS) BCBR
  • 2014-09-05 Listed $172,500 HARMLS
  • 2014-05-12 Listed $172,500 BCBR
  • 2001-05-14 Sold (Public Records) Public Records

Property tax history

+1.7%/yr

Latest (2025): $5,809 · -0.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…