3403 Daisy · Santa Fe, TX 77510

$324,900

3 bd · 2.0 ba · 1,752 sqft · SingleFamily public records · 53 Days on market

Built 2022 10,637 sqft lot $185/sqft · at area comps Est $323k · at est. $21/mo HOA ↓ 4% since listing

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Why this score? — see what drove the D 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 +7.2/15.0
• 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

Built in 2022 by local luxury builder Bilmar Homes, this well-maintained, original-owner home offers the popular Brazos floor plan with the formal dining room option. Situated on an oversized cul-de-sac lot with expansive side yards, the property features a 10-ft double gate on the left side of the home and a 30-amp electric outlet. The kitchen features granite countertops and glass tile backsplash, blending style and durability. Enjoy quality construction and thoughtful upgrades including extra insulation in the bedroom walls for enhanced soundproofing, double vanities in both the primary and hall bathrooms, and a cozy gas fireplace with mantel anchoring the living space. A neighborhood sidewalk provides a convenient 5-minute walk to Roy J Wollam Elementary. Call the listing agent to schedule a private showing. NO MUD, NO PID!

Key facts

• 0.24 acre lot
• 2 garage spots
• Built 2022

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $325k.

Deal economics

• At list price, monthly cash flow is $12k ($148k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($19k rent vs $325k).
• Recommended offer: $315k (3.0% below list) — sets the bar for market timing.
• Cap rate 51.9% 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 $10k 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 $91k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 53 days — a 3% lower offer ($315k) is reasonable based on typical stale-listing flexibility.
• 2 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

• 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 $315,153 (3.0% below list)

Questions for the listing agent

1. It's been on market 53 days. Have you received any prior offers? Is the seller open to a 3% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 5.75% ✓
• Cap rate: 51.87%
• Cash-on-cash: 162.78%
• DSCR: 8.24
• GRM: 1.4

CMA / ARV

• ARV (median comp): $322,666
• List price: $324,900
• Delta: 0.69%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3704 Avenue S E	0.23mi	3/2.5	1,750 (-0%)	2mo	$335,000	$191	85
13331 Pecan Trails Dr	0.31mi	3/2.0	1,689 (-4%)	3mo	$314,999	$187	77
13306 Winston Dr	0.45mi	3/2.0	1,624 (-7%)	3mo	$399,900	$246	65
3811 Anna Ct	0.48mi	3/2.0	1,995 (+14%)	1mo	$264,900	$133	53
4002 Avenue Q 1/2	0.60mi	3/2.0	1,528 (-13%)	14mo	$319,000	$209	38

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: 9.07×
• Total profit: $733,719
• Equity at exit: $48,444

10-year hold

• IRR: —
• Equity multiple: 19.17×
• Total profit: $1,652,553
• Equity at exit: $28,091

Cash invested: $90,972 (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: $18,678 medium
• Mortgage (P&I): −$1,704
• Tax from tax record: −$554 /mo · $6,653/yr
• Insurance: −$135
• HOA: −$21
• Vacancy / Maint / Mgmt: −$3,922
• Net cashflow: $12,341

Break-even live

Break-even rent $3,057

Max offer price $324,900

Occupancy floor 29%

Sensitivity live

Price	-10% $12,525	-5% $12,433	+0% $12,341	+5% $12,249	+10% $12,157
Rent	-10% $10,865	-5% $11,603	+0% $12,341	+5% $13,078	+10% $13,816
Rate	-1.0pp $12,504	-0.5pp $12,423	base $12,341	+0.5pp $12,256	+1.0pp $12,171

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: $81,225
• Closing costs: $9,747
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13342 Pecan Trails Dr Santa Fe, TX	4.0	3.0	2150	$2,700	$1.26	44d	1	0.31mi
4120 Avenue O #10 Santa Fe, TX	3.0	2.0	1280	$74,621	$58.30	44d	1	0.97mi

HOA detail

• Monthly dues: $21 · $252/yr
• Likely covers: gaselectric

Listing history 5 events

1. 2026-05-31
   days on market $324,900 Pending 53 DOM
2. 2026-04-08
   historical

   Show marketing remark (839 chars)

   Built in 2022 by local luxury builder Bilmar Homes, this well-maintained, original-owner home offers the popular Brazos floor plan with the formal dining room option. Situated on an oversized cul-de-sac lot with expansive side yards, the property features a 10-ft double gate on the left side of the home and a 30-amp electric outlet. The kitchen features granite countertops and glass tile backsplash, blending style and durability. Enjoy quality construction and thoughtful upgrades including extra insulation in the bedroom walls for enhanced soundproofing, double vanities in both the primary and hall bathrooms, and a cozy gas fireplace with mantel anchoring the living space. A neighborhood sidewalk provides a convenient 5-minute walk to Roy J Wollam Elementary. Call the listing agent to schedule a private showing. NO MUD, NO PID!

3. 2026-04-08
   listed $324,900 Active 839-char remark

   Show marketing remark (839 chars)

   Built in 2022 by local luxury builder Bilmar Homes, this well-maintained, original-owner home offers the popular Brazos floor plan with the formal dining room option. Situated on an oversized cul-de-sac lot with expansive side yards, the property features a 10-ft double gate on the left side of the home and a 30-amp electric outlet. The kitchen features granite countertops and glass tile backsplash, blending style and durability. Enjoy quality construction and thoughtful upgrades including extra insulation in the bedroom walls for enhanced soundproofing, double vanities in both the primary and hall bathrooms, and a cozy gas fireplace with mantel anchoring the living space. A neighborhood sidewalk provides a convenient 5-minute walk to Roy J Wollam Elementary. Call the listing agent to schedule a private showing. NO MUD, NO PID!

4. 2026-01-22
   price $329,000
5. 2026-01-06
   listed $339,000 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: $6,653 · $554/mo
• Projected year-2 tax: $6,653 · $554/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 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°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: $224,131
• − Mortgage interest: −$18,199
• − Property taxes: −$6,653
• − Insurance: −$1,624
• − Repairs & maintenance: −$17,930
• − Management: −$17,930
• − HOA: −$252
• − Depreciation: −$9,452
• Taxable income: $152,089
• Est. tax owed @ 24.0%: −$36,501
• After-tax cash flow: $111,586/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

-4.2% since first listed

4 events — show timeline

• 2026-04-08 Listed $324,900 HARMLS
• 2026-04-08 Listing Removed — HARMLS
• 2026-01-22 Price Changed $329,000 HARMLS
• 2026-01-06 Listed $339,000 HARMLS

Property tax history

+90.8%/yr

Latest (2025): $6,653 · +1.0% YoY. Source: county tax records.