The Colorado F Plan · Kendleton, TX 77417

$269,990

4 bd · 2.0 ba · 1,590 sqft · SingleFamily · 251 Days on market

Excellent condition ↓ 3% since listing

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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 +20.8/30.0
• ARV discount +7.5/15.0
• Appreciation +7.1/10.0
• DSCR +6.6/10.0
• 1% rule +5.5/10.0
• Condition / age +4.8/5.0
• Schools +4.6/10.0
• Livability +3.1/5.0
• Rent growth +2.5/5.0

Listing remarks MLS

Welcome to The Colorado! This lovely home features an open family and kitchen space with a breakfast area and walk-in pantry. Enjoy a private primary suite with a spacious walk-in closet. There are three additional bedrooms as well as another full bathroom. This floor plan also includes a two-car garage. Make it your own with The Colorado's flexible floor plan. From additional garage space to a covered patio, you've got every opportunity to make The Colorado your dream home. Just know that offerings vary by location, so please discuss our standard features and upgrade options with your community's agent.

Key facts

• Covered patio
• Breakfast area
• Walk-in pantry

Tags

• OPEN FAMILY AND KITCHEN SPACE
• BREAKFAST AREA
• WALK-IN PANTRY
• PRIVATE PRIMARY SUITE
• SPACIOUS WALK-IN CLOSET
• COVERED PATIO

🏗️ New construction. The $269,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $282,772.

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $270k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $388 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $270k).
• Recommended offer: $238k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.9% vs local median 6.2% in Kendleton — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 61/100 on livability (#1,021 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D+, crime D.
• Lamar CISD (suburban): math 50% / reading 53% proficiency, ranked #116 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 232 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 12,093 units permitted in Fort Bend County in 2024 (815 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($2k loan paydown + $12k appreciation (4.2% local appreciation)).
• Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.2% appreciation + 3.0% rent growth), your $79k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 251 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $25k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $237,591 (12.0% below list)

Questions for the listing agent

1. It's been on market 251 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
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: 1.05% ✓
• Cap rate: 7.94%
• Cash-on-cash: 5.88%
• DSCR: 1.26
• GRM: 7.9

CMA / ARV

• ARV (median comp): $282,772
• List price: $269,990
• Delta: -4.52%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10710 Sage Bend Dr	0.48mi	3/2.0 (-1)	1,595 (+0%)	1mo	$274,990	$172	71
1027 Rosewood Trl	0.53mi	3/2.0 (-1)	1,620 (+2%)	3mo	$313,900	$194	64
1022 Whispering Winds Dr	0.52mi	3/2.0 (-1)	1,613 (+1%)	5mo	$292,900	$182	64
10735 Dogwood Sky Dr	0.42mi	4/2.0	1,778 (+12%)	0mo	$289,990	$163	60
10950 Tawny Ridge Dr	0.52mi	3/2.0 (-1)	1,526 (-4%)	6mo	$259,990	$170	59
1031 Rosewood Trl	0.54mi	4/2.0	1,778 (+12%)	3mo	$299,900	$169	53
950 Mockingbird Passage Dr	0.47mi	3/2.0 (-1)	1,434 (-10%)	7mo	$249,990	$174	51
10803 Hickory Ln	0.70mi	4/2.0	1,778 (+12%)	2mo	$309,900	$174	46
10610 Autumn Trace Dr	0.61mi	3/2.0 (-1)	1,819 (+14%)	6mo	$305,990	$168	37
10627 Summers Way	0.65mi	3/2.0 (-1)	1,819 (+14%)	5mo	$303,990	$167	37
10639 Summers Way	0.62mi	3/2.0 (-1)	1,819 (+14%)	7mo	$307,990	$169	36
10615 Summers Way	0.69mi	3/2.0 (-1)	1,819 (+14%)	5mo	$305,990	$168	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.15% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.9%
• Equity multiple: 1.97×
• Total profit: $76,469
• Equity at exit: $145,910

10-year hold

• IRR: 16.8%
• Equity multiple: 3.74×
• Total profit: $216,957
• Equity at exit: $240,697

Cash invested: $79,176 (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 77417

• Home prices YoY: 1.2%
• Active inventory: 232
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $2,965 medium
• Mortgage (P&I): −$1,483
• Tax est. 1.5%: −$353 /mo · $4,242/yr
• Insurance: −$118
• HOA: −$0
• Vacancy / Maint / Mgmt: −$623
• Net cashflow: $388

Break-even live

Break-even rent $2,474

Max offer price $282,772

Occupancy floor 82%

Sensitivity live

Price	-10% $584	-5% $486	+0% $388	+5% $290	+10% $193
Rent	-10% $154	-5% $271	+0% $388	+5% $505	+10% $622
Rate	-1.0pp $531	-0.5pp $460	base $388	+0.5pp $315	+1.0pp $240

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: $70,693
• Closing costs: $8,483
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
10730 Sky Creek Ln Beasley, TX	3.0–4.0	2.0–2.5	1869	$2,965	$1.59	2d	1	0.05mi

Listing history 19 events

1. 2026-06-18
   days on market $269,990 Active 251 DOM
2. 2026-06-17
   days on market $269,990 Active 250 DOM
3. 2026-06-16
   days on market $269,990 Active 249 DOM
4. 2026-06-15
   days on market $269,990 Active 248 DOM
5. 2026-06-13
   days on market $269,990 Active 246 DOM
6. 2026-06-10
   days on market $269,990 Active 242 DOM
7. 2026-06-08
   days on market $269,990 Active 241 DOM
8. 2026-06-07
   days on market $269,990 Active 240 DOM
9. 2026-06-04
   days on market $269,990 Active 237 DOM
10. 2026-06-03
    days on market $269,990 Active 236 DOM
11. 2026-06-02
    days on market $269,990 Active 235 DOM
12. 2026-06-01
    days on market $269,990 Active 234 DOM
13. 2026-05-31
    days on market $269,990 Active 233 DOM
14. 2026-03-05
    status Active 611-char remark

    Show marketing remark (611 chars)

    Welcome to The Colorado! This lovely home features an open family and kitchen space with a breakfast area and walk-in pantry. Enjoy a private primary suite with a spacious walk-in closet. There are three additional bedrooms as well as another full bathroom. This floor plan also includes a two-car garage. Make it your own with The Colorado's flexible floor plan. From additional garage space to a covered patio, you've got every opportunity to make The Colorado your dream home. Just know that offerings vary by location, so please discuss our standard features and upgrade options with your community's agent.

15. 2026-03-05
    price $284,990 611-char remark

    Show marketing remark (611 chars)

    Welcome to The Colorado! This lovely home features an open family and kitchen space with a breakfast area and walk-in pantry. Enjoy a private primary suite with a spacious walk-in closet. There are three additional bedrooms as well as another full bathroom. This floor plan also includes a two-car garage. Make it your own with The Colorado's flexible floor plan. From additional garage space to a covered patio, you've got every opportunity to make The Colorado your dream home. Just know that offerings vary by location, so please discuss our standard features and upgrade options with your community's agent.

16. 2025-12-13
    historical 611-char remark

    Show marketing remark (611 chars)

    Welcome to The Colorado! This lovely home features an open family and kitchen space with a breakfast area and walk-in pantry. Enjoy a private primary suite with a spacious walk-in closet. There are three additional bedrooms as well as another full bathroom. This floor plan also includes a two-car garage. Make it your own with The Colorado's flexible floor plan. From additional garage space to a covered patio, you've got every opportunity to make The Colorado your dream home. Just know that offerings vary by location, so please discuss our standard features and upgrade options with your community's agent.

17. 2025-12-12
    status Active 611-char remark

    Show marketing remark (611 chars)

    Welcome to The Colorado! This lovely home features an open family and kitchen space with a breakfast area and walk-in pantry. Enjoy a private primary suite with a spacious walk-in closet. There are three additional bedrooms as well as another full bathroom. This floor plan also includes a two-car garage. Make it your own with The Colorado's flexible floor plan. From additional garage space to a covered patio, you've got every opportunity to make The Colorado your dream home. Just know that offerings vary by location, so please discuss our standard features and upgrade options with your community's agent.

18. 2025-08-06
    historical 611-char remark

    Show marketing remark (611 chars)

    Welcome to The Colorado! This lovely home features an open family and kitchen space with a breakfast area and walk-in pantry. Enjoy a private primary suite with a spacious walk-in closet. There are three additional bedrooms as well as another full bathroom. This floor plan also includes a two-car garage. Make it your own with The Colorado's flexible floor plan. From additional garage space to a covered patio, you've got every opportunity to make The Colorado your dream home. Just know that offerings vary by location, so please discuss our standard features and upgrade options with your community's agent.

19. 2025-03-14
    listed $294,990 Active 611-char remark

    Show marketing remark (611 chars)

    Welcome to The Colorado! This lovely home features an open family and kitchen space with a breakfast area and walk-in pantry. Enjoy a private primary suite with a spacious walk-in closet. There are three additional bedrooms as well as another full bathroom. This floor plan also includes a two-car garage. Make it your own with The Colorado's flexible floor plan. From additional garage space to a covered patio, you've got every opportunity to make The Colorado your dream home. Just know that offerings vary by location, so please discuss our standard features and upgrade options with your community's agent.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $35,580
• − Mortgage interest: −$15,840
• − Property taxes: −$4,242
• − Insurance: −$1,414
• − Repairs & maintenance: −$2,846
• − Management: −$2,846
• − Depreciation: −$8,226
• Taxable income: $166
• Est. tax owed @ 24.0%: −$40
• After-tax cash flow: $4,618/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 · 6 photos

Excellent 95/100 None rehab

This home is in excellent condition with no visible repairs needed. It's move-in ready and would benefit from a fresh coat of paint and some landscaping to further enhance its curb appeal.

Value-add opportunities

• Resale Painting the exterior — Fresh paint can enhance curb appeal and property value
• Both Landscaping the front yard — A well-maintained front yard can improve both resale and rental appeal

Renovation cost estimate screening

Value-add ROI direction

• Resale Painting the exterior — Fresh paint can enhance curb appeal and property value ↑
• Both Landscaping the front yard — A well-maintained front yard can improve both resale and rental appeal ↑

ⓘ 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: Lamar CISD
• NCES district ID: 4826580
• Math proficiency: 50% ▼ -12.00%
• Reading proficiency: 53% ▼ -4.00%
• Median HH income: $75,213
• Composite: 46.43/100
• National rank: #2452
• State rank: #116 of 826 in TX

Livability — Kendleton

• Score: 61/100
• State rank: #1021
• US rank: #18149

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 115,151
• Population (ZIP): 3,232

Population outlook (Fort Bend County) Hauer SSP2

• Today (2025): 1,004,526 people
• By 2030: 1,153,104 · +14.8%
• By 2040: 1,453,718 · +44.7%
• By 2050: 1,753,781 · +74.6%
• By 2075: 2,455,772 · +144.5%
• By 2100: 2,930,528 · +191.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (67%)
• Race & ethnicity: Hispanic / Latino 67% Two or more races 49% White 22% Black 8%
• Hispanic origin (detail): Mexican 54%
• Common ancestry: Italian 2% Romanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 76% English-only · Spanish 24%

Political lean MEDSL · Fort Bend

• 2024 margin: Toss-up / Even · D 49.5% · R 47.9% · Other 2.6%
• 2008→2024 swing: +4.0pp toward D · 2008: -2.4pp · 2024: 1.6pp
• All cycles: 2024: D+1.6 2020: D+10.6 2016: D+6.6 2012: R+6.8 2008: R+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.15%
• Current HPI: 337.8236
• 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

-3.4% since first listed

6 events — show timeline

• 2026-03-05 Relisted — Zillow
• 2026-03-05 Price Changed $284,990 Zillow
• 2025-12-13 Delisted — Zillow
• 2025-12-12 Relisted — Zillow
• 2025-08-06 Delisted — Zillow
• 2025-03-14 Listed $294,990 Zillow