26211 Venus Trap Trl · Katy, TX 77493

$313,900

4 bd · 2.5 ba · 1,897 sqft · SingleFamily · 85 Days on market

Built 2026 Good condition 3,780 sqft lot $165/sqft · 8% below area Est $340k · 8% under $42/mo HOA · 1% of rent ↓ 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 +18.0/30.0
• ARV discount +11.0/15.0
• Schools +5.7/10.0
• DSCR +5.6/10.0
• 1% rule +5.0/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Love to entertain? This is the floor plan for you! An airy, open layout welcomes visitors, showcasing a great room and a dining room ideal for gathering together. Adjacent, a kitchen with a center island offers the perfect place to chat while you prepare a meal. A powder bath is also conveniently located on this level. The primary suite is upstairs, offering a serene escape from the hustle and bustle of the day and showcasing a generous walk-in closet and a private bath with a walk-in shower. Two secondary bedrooms—one with a walk-in closet—round out the sleeping space and are steps away from a versatile loft that can be customized for your needs.

Key facts

• 3,780 sq ft lot
• 2 garage spots
• Built 2026

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $314k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $270 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $314k).
• Recommended offer: $295k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 3.0% in Katy — 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 76/100 on livability (#111 in TX, #3,613 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: crime C-, amenities D, commute F.
• Katy ISD (suburban): math 61% / reading 63% proficiency, ranked #29 of 826 in TX (top 4%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents soft (-0.8%/yr); 2696 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d 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).
• This rent runs 32% of the median local income ($118k/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 $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 85 days — a 6% lower offer ($295k) 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→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $295,066 (6.0% below list)

Questions for the listing agent

1. It's been on market 85 days. Have you received any prior offers? Is the seller open to a 6% 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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.
7. 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.
8. 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: 1.00% ✓
• Cap rate: 7.33%
• Cash-on-cash: 3.69%
• DSCR: 1.16
• GRM: 8.3

CMA / ARV

• ARV (median comp): $340,084
• List price: $313,900
• Delta: -7.70%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 8 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
26222 Venus Trap Trl	0.00mi	4/3.0	2,012 (+6%)	1mo	$339,900	$169	87
26247 Venus Trap Trl	0.00mi	3/2.5 (-1)	1,678 (-12%)	1mo	$289,900	$173	75
25307 Ashbourne Ct	0.51mi	3/2.5 (-1)	1,780 (-6%)	13mo	$299,995	$169	50
25302 Benroe St	0.49mi	3/2.5 (-1)	1,693 (-11%)	19mo	$299,995	$177	39
3921 Eula Morgan Rd	0.74mi	3/2.0 (-1)	2,061 (+9%)	8mo	$550,000	$267	38
4623 Padbury Manor Ct	0.74mi	4/3.0	2,130 (+12%)	9mo	$349,000	$164	36
25235 Benroe St	0.49mi	3/2.5 (-1)	2,124 (+12%)	20mo	$347,000	$163	35
4614 Dunston Manor St	0.71mi	3/2.0 (-1)	1,675 (-12%)	17mo	$309,995	$185	26

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: -14.0%
• Equity multiple: 0.51×
• Total profit: $-42,786
• Equity at exit: $46,804

10-year hold

• IRR: -11.0%
• Equity multiple: 0.43×
• Total profit: $-50,373
• Equity at exit: $27,140

Cash invested: $87,892 (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 77493

• Rents YoY: -0.8%
• Active inventory: 2696
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $3,141 medium
• Mortgage (P&I): −$1,646
• Tax est. 1.5%: −$392 /mo · $4,708/yr
• Insurance: −$131
• HOA: −$42
• Vacancy / Maint / Mgmt: −$660
• Net cashflow: $270

Break-even live

Break-even rent $2,799

Max offer price $313,900

Occupancy floor 86%

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: $78,475
• Closing costs: $9,417
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
27035 Beacon Glen Dr Katy, TX	2.0–4.0	2.0–3.0	1890	$3,949	$2.09	1d	16	0.86mi
5006 Sunway Dr Katy, TX	4.0	3.0	2550	$2,500	$0.98	43d	1	0.91mi
27064 Beach Ball Dr Katy, TX	3.0–4.0	2.5–3.5	1705	$2,957	$1.73	1d	25	1.28mi
1495 Twilight Green Dr Katy, TX	3.0	2.5	2000	$2,400	$1.20	43d	1	1.40mi

HOA detail

• Monthly dues: $42 · $504/yr

Listing history 19 events

1. 2026-06-18
   days on market $313,900 Active 85 DOM
2. 2026-06-17
   days on market $313,900 Active 84 DOM
3. 2026-06-16
   days on market $313,900 Active 83 DOM
4. 2026-06-15
   days on market $313,900 Active 82 DOM
5. 2026-06-13
   days on market $313,900 Active 80 DOM
6. 2026-06-09
   days on market $313,900 Active 76 DOM
7. 2026-06-08
   days on market $313,900 Active 75 DOM
8. 2026-06-07
   days on market $313,900 Active 74 DOM
9. 2026-06-04
   days on market $313,900 Active 71 DOM
10. 2026-06-03
    days on market $313,900 Active 70 DOM
11. 2026-06-02
    days on market $313,900 Active 69 DOM
12. 2026-06-01
    days on market $313,900 Active 68 DOM
13. 2026-05-31
    days on market $313,900 Active 67 DOM
14. 2026-05-06
    price $313,900 667-char remark

    Show marketing remark (655 chars)

    Love to entertain? This is the floor plan for you! An airy, open layout welcomes visitors, showcasing a great room and a dining room ideal for gathering together. Adjacent, a kitchen with a center island offers the perfect place to chat while you prepare a meal. A powder bath is also conveniently located on this level. The primary suite is upstairs, offering a serene escape from the hustle and bustle of the day and showcasing a generous walk-in closet and a private bath with a walk-in shower. Two secondary bedrooms-one with a walk-in closet-round out the sleeping space and are steps away from a versatile loft that can be customized for your needs.

15. 2026-05-06
    price $313,900 655-char remark

    Show marketing remark (655 chars)

    Love to entertain? This is the floor plan for you! An airy, open layout welcomes visitors, showcasing a great room and a dining room ideal for gathering together. Adjacent, a kitchen with a center island offers the perfect place to chat while you prepare a meal. A powder bath is also conveniently located on this level. The primary suite is upstairs, offering a serene escape from the hustle and bustle of the day and showcasing a generous walk-in closet and a private bath with a walk-in shower. Two secondary bedrooms-one with a walk-in closet-round out the sleeping space and are steps away from a versatile loft that can be customized for your needs.

16. 2026-04-02
    price $318,900 655-char remark

    Show marketing remark (655 chars)

    Love to entertain? This is the floor plan for you! An airy, open layout welcomes visitors, showcasing a great room and a dining room ideal for gathering together. Adjacent, a kitchen with a center island offers the perfect place to chat while you prepare a meal. A powder bath is also conveniently located on this level. The primary suite is upstairs, offering a serene escape from the hustle and bustle of the day and showcasing a generous walk-in closet and a private bath with a walk-in shower. Two secondary bedrooms-one with a walk-in closet-round out the sleeping space and are steps away from a versatile loft that can be customized for your needs.

17. 2026-04-01
    price $318,900 667-char remark

    Show marketing remark (667 chars)

    Love to entertain? This is the floor plan for you! An airy, open layout welcomes visitors, showcasing a great room and a dining room ideal for gathering together. Adjacent, a kitchen with a center island offers the perfect place to chat while you prepare a meal. A powder bath is also conveniently located on this level. The primary suite is upstairs, offering a serene escape from the hustle and bustle of the day and showcasing a generous walk-in closet and a private bath with a walk-in shower. Two secondary bedrooms—one with a walk-in closet—round out the sleeping space and are steps away from a versatile loft that can be customized for your needs.

18. 2026-03-25
    listed $323,900 Active 667-char remark

    Show marketing remark (667 chars)

    Love to entertain? This is the floor plan for you! An airy, open layout welcomes visitors, showcasing a great room and a dining room ideal for gathering together. Adjacent, a kitchen with a center island offers the perfect place to chat while you prepare a meal. A powder bath is also conveniently located on this level. The primary suite is upstairs, offering a serene escape from the hustle and bustle of the day and showcasing a generous walk-in closet and a private bath with a walk-in shower. Two secondary bedrooms—one with a walk-in closet—round out the sleeping space and are steps away from a versatile loft that can be customized for your needs.

19. 2026-03-22
    listed $323,900 Active 655-char remark

    Show marketing remark (655 chars)

    Love to entertain? This is the floor plan for you! An airy, open layout welcomes visitors, showcasing a great room and a dining room ideal for gathering together. Adjacent, a kitchen with a center island offers the perfect place to chat while you prepare a meal. A powder bath is also conveniently located on this level. The primary suite is upstairs, offering a serene escape from the hustle and bustle of the day and showcasing a generous walk-in closet and a private bath with a walk-in shower. Two secondary bedrooms-one with a walk-in closet-round out the sleeping space and are steps away from a versatile loft that can be customized for your needs.

ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 21 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,694
• − Mortgage interest: −$17,583
• − Property taxes: −$4,708
• − Insurance: −$1,570
• − Repairs & maintenance: −$3,016
• − Management: −$3,016
• − HOA: −$504
• − Depreciation: −$9,132
• Taxable loss: −$1,834
• Est. tax savings @ 24.0%: +$440
• After-tax cash flow: $3,683/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 home is in excellent condition with a good condition score of 80. It is move-in ready and has a good resale and rental value. The home can be further enhanced with some exterior painting, landscaping improvements, smart home features, and kitchen appliance upgrades.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants.
• Both Adding smart home features — Smart home features can increase the home's value and appeal to tech-savvy buyers/tenants.
• Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and attractive to potential buyers/tenants.

Renovation cost estimate screening

Value-add ROI direction

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers/tenants. ↑
• Both Adding smart home features — Smart home features can increase the home's value and appeal to tech-savvy buyers/tenants. ↑
• Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and attractive to potential buyers/tenants. ↑

ⓘ 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: Katy ISD
• NCES district ID: 4825170
• Math proficiency: 61% ▼ -7.00%
• Reading proficiency: 63% ▼ -3.00%
• Median HH income: $90,312
• Composite: 56.59/100
• National rank: #1146
• State rank: #29 of 826 in TX

Livability — Katy

• Score: 76/100
• State rank: #111
• US rank: #3613

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Harris County · 4,702,590 people
• City population: 413,575
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 71,484
• Household income: $118,464
• Rent vs Own: 20.4% rent · 79.6% own
• Severe rent burden: 913.0

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 36% Hispanic / Latino 33% Two or more races 16% Black 15% Asian 12%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Lithuanian 2% Slovak 1% Italian 1%
• Foreign-born: 21% · Canada, Vietnam, Jamaica
• Languages at home: 64% English-only · Spanish 22% Vietnamese 5% French/Haitian/Cajun 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: —

Market trends

• HPI YoY: ▼ -140.65%
• Current HPI: 233.1683
• Rent YoY: ▼ -0.80%
• 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

-3.1% since first listed

6 events — show timeline

• 2026-05-06 Price Changed $313,900 HARMLS
• 2026-05-06 Price Changed $313,900 Zillow
• 2026-04-02 Price Changed $318,900 Zillow
• 2026-04-01 Price Changed $318,900 HARMLS
• 2026-03-25 Listed $323,900 HARMLS
• 2026-03-22 Listed $323,900 Zillow