🏗️ New Construction
Dawson Plan · Katy, TX
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 8/10 · Major
- Hot days now (above 111°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +7.5/15.0
- Schools +5.7/10.0
- Condition / age +4.8/5.0
- DSCR +4.6/10.0
- 1% rule +4.2/10.0
- Livability +3.8/5.0
- Rent growth +2.3/5.0
- Appreciation +0.0/10.0
$310,990
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
The Dawson floor plan offers a spacious and versatile two-story design with 2,129 square feet of thoughtfully planned living space. Featuring 5 bedrooms, 3 bathrooms, and a 2-car garage, this home provides the perfect balance of comfort, functionality, and style. The open-concept main floor creates a warm and inviting atmosphere, connecting the kitchen, dining, and family areas- ideal for entertaining or spending quality time together. The modern kitchen includes abundant cabinetry, ample counter space, and a central island, making it a perfect hub for everyday meals and gatherings. A first-floor bedroom and full bathroom add flexibility for guests or multi-generational living. Upstairs, the spacious owner's suite serves as a private retreat with a large walk-in closet and ensuite bath featuring dual vanities and a walk-in shower. Three additional bedrooms and a secondary bathroom provide plenty of room for family or a home office setup. A dedicated laundry room and thoughtfully designed storage areas enhance daily convenience. With its open living spaces, private upstairs retreat, and flexible layout, the Dawson floor plan is ideal for growing families seeking both comfort and versatility in a modern, efficient home design.
Key facts
- 2 garage spots
- Listed 184 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 5-bed/3.0-bath single-family listed at $311k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $111 ($1k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $311k).
- Recommended offer: $274k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.7% 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; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 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 $10k 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 185 days — a 12% lower offer ($274k) 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
- 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.
Questions for the listing agent
- It's been on market 185 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 0.92% ✗
- Cap rate
- 6.67%
- Cash-on-cash
- 1.36%
- DSCR
- 1.06
- GRM
- 9.1
CMA / ARV
- ARV (median comp)
- $347,800
- List price
- $310,990
- Delta
- -10.58%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 27034 Flower Isle Ln | 0.17mi | 4/3.0 (-1) | 2,262 (+5%) | 1mo | $375,315 | $166 | 78 |
| 27015 Golden Isle Ln | 0.25mi | 4/3.0 (-1) | 2,262 (+5%) | 3mo | $360,000 | $159 | 73 |
| 2208 Inglenook Grove Dr | 0.57mi | 4/3.0 (-1) | 2,196 (+2%) | 3mo | $359,990 | $164 | 63 |
| 4684 Peony Green Dr | 0.67mi | 4/3.0 (-1) | 2,190 (+2%) | 2mo | $359,990 | $164 | 60 |
| 5806 Havana Mist Dr | 0.72mi | 4/2.5 (-1) | 2,134 (-1%) | 0mo | $305,000 | $143 | 58 |
| 27411 Cinnamon Shores Dr | 0.67mi | 4/2.5 (-1) | 2,206 (+2%) | 1mo | $349,990 | $159 | 57 |
| 5065 Marcasca Dr | 0.74mi | 4/3.0 (-1) | 2,102 (-2%) | 0mo | $331,990 | $158 | 56 |
| 4680 Peony Green Dr | 0.66mi | 4/2.0 (-1) | 2,056 (-4%) | 0mo | $343,990 | $167 | 52 |
| 5614 Bermuda Sands Dr | 0.60mi | 4/2.5 (-1) | 2,294 (+6%) | 3mo | $344,534 | $150 | 52 |
| 5635 Birchwood Glen Dr | 0.65mi | 4/3.5 (-1) | 2,370 (+10%) | 2mo | $371,175 | $157 | 44 |
| 5619 Pearl Vista Dr | 0.62mi | 4/3.5 (-1) | 2,432 (+13%) | 1mo | $394,889 | $162 | 42 |
| 5627 Pearl Vista Dr | 0.63mi | 4/3.5 (-1) | 2,449 (+14%) | 1mo | $419,115 | $171 | 40 |
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
- IRR
- -17.5%
- Equity multiple
- 0.40×
- Total profit
- $-58,586
- Equity at exit
- $51,858
- IRR
- -16.6%
- Equity multiple
- 0.20×
- Total profit
- $-77,786
- Equity at exit
- $30,071
Cash invested: $97,384 (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
ZIP-level market 77493
- Rents YoY
- -0.8%
- Active inventory
- 2696
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $3,183 high interval (Pro) →
- Mortgage (P&I)
- −$1,824
- Tax est. 1.5%
- −$435 /mo · $5,217/yr
- Insurance
- −$145
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$668
- Net cashflow
- $111
Break-even live
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
- $86,950
- Closing costs
- $10,434
- 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 27 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 27064 Beach Ball Dr Katy, TX | 3.0–4.0 | 2.5–3.5 | 1705 | $2,957 | $1.73 | 1d | 25 | 0.32mi |
| 27035 Beacon Glen Dr Katy, TX | 2.0–4.0 | 2.0–3.0 | 1890 | $3,949 | $2.09 | 1d | 16 | 0.51mi |
| 5631 Pearl Vista Dr Katy, TX | 4.0 | 3.0 | 2039 | $3,000 | $1.47 | 21d | 1 | 0.63mi |
| 4633 Peony Green Dr Katy, TX | 5.0 | 3.0 | 2680 | $3,995 | $1.49 | 24d | 1 | 0.67mi |
| 27327 Blue Pool Dr Katy, TX | 4.0 | 3.0 | 2100 | $2,600 | $1.24 | 44d | 1 | 0.75mi |
| 5819 Bright Keel Dr Katy, TX | 4.0 | 3.0 | 2598 | $2,400 | $0.92 | 44d | 1 | 0.81mi |
| 27507 Hudson Sands Ln Katy, TX | 4.0 | 3.0 | 2294 | $3,000 | $1.31 | 17d | 1 | 1.06mi |
| 3056 Sea Turtle Dr Katy, TX | 4.0 | 2.0 | 1500 | $2,200 | $1.47 | 44d | 1 | 1.17mi |
| 3013 Pearl Coastline Ln Katy, TX | 6.0 | 2.5 | 2480 | $3,995 | $1.61 | 24d | 1 | 1.17mi |
| 3041 Colusa Ridge Dr Katy, TX | 4.0 | 2.5 | 2263 | $2,500 | $1.10 | 13d | 1 | 1.24mi |
| 3136 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,355 | $1.33 | 13d | 1 | 1.24mi |
| 3020 Nori Shores Dr Katy, TX | 5.0 | 2.5 | 2408 | $3,995 | $1.66 | 24d | 1 | 1.24mi |
| 3004 Fall Gold Ln Katy, TX | 5.0 | 3.0 | 2156 | $2,762 | $1.28 | 10d | 1 | 1.24mi |
| 3004 Fall Gold Ln Katy, TX | 5.0 | 3.0 | 2156 | $3,850 | $1.79 | 44d | 1 | 1.24mi |
| 3076 Dylan Skyland Dr Katy, TX | 4.0 | 2.5 | 2240 | $3,395 | $1.52 | 24d | 1 | 1.24mi |
| 3124 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,330 | $1.31 | 24d | 1 | 1.25mi |
| 3112 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,330 | $1.31 | 24d | 1 | 1.27mi |
| 3025 Nori Shores Dr Katy, TX | 6.0 | 2.5 | 2480 | $3,798 | $1.53 | 5d | 1 | 1.28mi |
| 3020 Wild Dunes Dr Katy, TX | 4.0 | 2.0 | 1776 | $2,355 | $1.33 | 13d | 1 | 1.31mi |
| 6414 Orchid Beach Dr Katy, TX | 5.0 | 4.0 | 2490 | $3,000 | $1.20 | 13d | 1 | 1.34mi |
| 3060 Nori Shores Dr Katy, TX | 6.0 | 2.5 | 2408 | $3,995 | $1.66 | 24d | 1 | 1.34mi |
| 3048 Majestic Sunrise Dr Katy, TX | 4.0 | 2.0 | 1670 | $2,275 | $1.36 | 24d | 1 | 1.35mi |
| 3057 Majestic Sunrise Dr Katy, TX | 4.0 | 2.0 | 1644 | $2,252 | $1.37 | 24d | 1 | 1.36mi |
| 6427 Seafoam Lake Dr Katy, TX | 4.0 | 4.0 | 2479 | $3,000 | $1.21 | 1d | 1 | 1.42mi |
| 3104 Nori Shores Dr Katy, TX | 5.0 | 2.5 | 1947 | $3,695 | $1.90 | 4d | 1 | 1.42mi |
| 5835 Big Bluestem Ln Katy, TX | 5.0 | 3.0 | 2890 | $2,406 | $0.83 | 44d | 1 | 1.47mi |
| 3084 Fantasy Terrace Dr Katy, TX | 4.0 | 2.0 | 2085 | $2,325 | $1.12 | 13d | 1 | 1.50mi |
Listing history 22 events
-
2026-06-18days on market $310,990 Active 185 DOM
-
2026-06-17days on market $310,990 Active 184 DOM
-
2026-06-16days on market $310,990 Active 183 DOM
-
2026-06-15days on market $310,990 Active 182 DOM
-
2026-06-09days on market $310,990 Active 176 DOM
-
2026-06-08days on market $310,990 Active 175 DOM
-
2026-06-07days on market $310,990 Active 174 DOM
-
2026-06-04days on market $310,990 Active 171 DOM
-
2026-06-03days on market $310,990 Active 170 DOM
-
2026-06-02days on market $310,990 Active 169 DOM
-
2026-06-01days on market $310,990 Active 168 DOM
-
2026-05-31days on market $310,990 Active 167 DOM
-
2026-01-13status Active 1244-char remark
Show marketing remark (1244 chars)
The Dawson floor plan offers a spacious and versatile two-story design with 2,129 square feet of thoughtfully planned living space. Featuring 5 bedrooms, 3 bathrooms, and a 2-car garage, this home provides the perfect balance of comfort, functionality, and style. The open-concept main floor creates a warm and inviting atmosphere, connecting the kitchen, dining, and family areas- ideal for entertaining or spending quality time together. The modern kitchen includes abundant cabinetry, ample counter space, and a central island, making it a perfect hub for everyday meals and gatherings. A first-floor bedroom and full bathroom add flexibility for guests or multi-generational living. Upstairs, the spacious owner's suite serves as a private retreat with a large walk-in closet and ensuite bath featuring dual vanities and a walk-in shower. Three additional bedrooms and a secondary bathroom provide plenty of room for family or a home office setup. A dedicated laundry room and thoughtfully designed storage areas enhance daily convenience. With its open living spaces, private upstairs retreat, and flexible layout, the Dawson floor plan is ideal for growing families seeking both comfort and versatility in a modern, efficient home design.
-
2026-01-06price $400,990 927-char remark
Show marketing remark (927 chars)
Discover the Dawson home plan, a thoughtfully designed one-story residence that embodies modern living and comfort. The heart of this home is an open-concept family room that effortlessly merges with the dining area and kitchen, creating a welcoming space for gatherings and everyday living. The kitchen features a spacious center island, perfect for meal preparation and casual dining at the breakfast bar. Retreat to the primary bedroom, a serene sanctuary complete with an en-suite bathroom boasting a large walk-in shower, offering a spa-like experience. Three additional bedrooms and two full baths provide ample space for family and guests, ensuring comfort for all. The generously sized utility room enhances functionality and storage options, while the expansive covered patio invites outdoor living and entertaining. Experience effortless living in the Dawson home plan, where every detail is designed for modern life.
-
2025-12-31historical 1244-char remark
Show marketing remark (1244 chars)
The Dawson floor plan offers a spacious and versatile two-story design with 2,129 square feet of thoughtfully planned living space. Featuring 5 bedrooms, 3 bathrooms, and a 2-car garage, this home provides the perfect balance of comfort, functionality, and style. The open-concept main floor creates a warm and inviting atmosphere, connecting the kitchen, dining, and family areas- ideal for entertaining or spending quality time together. The modern kitchen includes abundant cabinetry, ample counter space, and a central island, making it a perfect hub for everyday meals and gatherings. A first-floor bedroom and full bathroom add flexibility for guests or multi-generational living. Upstairs, the spacious owner's suite serves as a private retreat with a large walk-in closet and ensuite bath featuring dual vanities and a walk-in shower. Three additional bedrooms and a secondary bathroom provide plenty of room for family or a home office setup. A dedicated laundry room and thoughtfully designed storage areas enhance daily convenience. With its open living spaces, private upstairs retreat, and flexible layout, the Dawson floor plan is ideal for growing families seeking both comfort and versatility in a modern, efficient home design.
-
2025-12-09price $400,740 927-char remark
Show marketing remark (927 chars)
Discover the Dawson home plan, a thoughtfully designed one-story residence that embodies modern living and comfort. The heart of this home is an open-concept family room that effortlessly merges with the dining area and kitchen, creating a welcoming space for gatherings and everyday living. The kitchen features a spacious center island, perfect for meal preparation and casual dining at the breakfast bar. Retreat to the primary bedroom, a serene sanctuary complete with an en-suite bathroom boasting a large walk-in shower, offering a spa-like experience. Three additional bedrooms and two full baths provide ample space for family and guests, ensuring comfort for all. The generously sized utility room enhances functionality and storage options, while the expansive covered patio invites outdoor living and entertaining. Experience effortless living in the Dawson home plan, where every detail is designed for modern life.
-
2025-12-02$310,990 Active 1244-char remark
Show marketing remark (1244 chars)
The Dawson floor plan offers a spacious and versatile two-story design with 2,129 square feet of thoughtfully planned living space. Featuring 5 bedrooms, 3 bathrooms, and a 2-car garage, this home provides the perfect balance of comfort, functionality, and style. The open-concept main floor creates a warm and inviting atmosphere, connecting the kitchen, dining, and family areas- ideal for entertaining or spending quality time together. The modern kitchen includes abundant cabinetry, ample counter space, and a central island, making it a perfect hub for everyday meals and gatherings. A first-floor bedroom and full bathroom add flexibility for guests or multi-generational living. Upstairs, the spacious owner's suite serves as a private retreat with a large walk-in closet and ensuite bath featuring dual vanities and a walk-in shower. Three additional bedrooms and a secondary bathroom provide plenty of room for family or a home office setup. A dedicated laundry room and thoughtfully designed storage areas enhance daily convenience. With its open living spaces, private upstairs retreat, and flexible layout, the Dawson floor plan is ideal for growing families seeking both comfort and versatility in a modern, efficient home design.
-
2025-10-03price $400,500 927-char remark
Show marketing remark (927 chars)
Discover the Dawson home plan, a thoughtfully designed one-story residence that embodies modern living and comfort. The heart of this home is an open-concept family room that effortlessly merges with the dining area and kitchen, creating a welcoming space for gatherings and everyday living. The kitchen features a spacious center island, perfect for meal preparation and casual dining at the breakfast bar. Retreat to the primary bedroom, a serene sanctuary complete with an en-suite bathroom boasting a large walk-in shower, offering a spa-like experience. Three additional bedrooms and two full baths provide ample space for family and guests, ensuring comfort for all. The generously sized utility room enhances functionality and storage options, while the expansive covered patio invites outdoor living and entertaining. Experience effortless living in the Dawson home plan, where every detail is designed for modern life.
-
2025-10-01price $398,000 927-char remark
Show marketing remark (927 chars)
Discover the Dawson home plan, a thoughtfully designed one-story residence that embodies modern living and comfort. The heart of this home is an open-concept family room that effortlessly merges with the dining area and kitchen, creating a welcoming space for gatherings and everyday living. The kitchen features a spacious center island, perfect for meal preparation and casual dining at the breakfast bar. Retreat to the primary bedroom, a serene sanctuary complete with an en-suite bathroom boasting a large walk-in shower, offering a spa-like experience. Three additional bedrooms and two full baths provide ample space for family and guests, ensuring comfort for all. The generously sized utility room enhances functionality and storage options, while the expansive covered patio invites outdoor living and entertaining. Experience effortless living in the Dawson home plan, where every detail is designed for modern life.
-
2025-08-30price $397,750 927-char remark
Show marketing remark (927 chars)
Discover the Dawson home plan, a thoughtfully designed one-story residence that embodies modern living and comfort. The heart of this home is an open-concept family room that effortlessly merges with the dining area and kitchen, creating a welcoming space for gatherings and everyday living. The kitchen features a spacious center island, perfect for meal preparation and casual dining at the breakfast bar. Retreat to the primary bedroom, a serene sanctuary complete with an en-suite bathroom boasting a large walk-in shower, offering a spa-like experience. Three additional bedrooms and two full baths provide ample space for family and guests, ensuring comfort for all. The generously sized utility room enhances functionality and storage options, while the expansive covered patio invites outdoor living and entertaining. Experience effortless living in the Dawson home plan, where every detail is designed for modern life.
-
2025-08-06price $396,500 927-char remark
Show marketing remark (927 chars)
Discover the Dawson home plan, a thoughtfully designed one-story residence that embodies modern living and comfort. The heart of this home is an open-concept family room that effortlessly merges with the dining area and kitchen, creating a welcoming space for gatherings and everyday living. The kitchen features a spacious center island, perfect for meal preparation and casual dining at the breakfast bar. Retreat to the primary bedroom, a serene sanctuary complete with an en-suite bathroom boasting a large walk-in shower, offering a spa-like experience. Three additional bedrooms and two full baths provide ample space for family and guests, ensuring comfort for all. The generously sized utility room enhances functionality and storage options, while the expansive covered patio invites outdoor living and entertaining. Experience effortless living in the Dawson home plan, where every detail is designed for modern life.
-
2025-07-19$396,250 Active 927-char remark
Show marketing remark (927 chars)
Discover the Dawson home plan, a thoughtfully designed one-story residence that embodies modern living and comfort. The heart of this home is an open-concept family room that effortlessly merges with the dining area and kitchen, creating a welcoming space for gatherings and everyday living. The kitchen features a spacious center island, perfect for meal preparation and casual dining at the breakfast bar. Retreat to the primary bedroom, a serene sanctuary complete with an en-suite bathroom boasting a large walk-in shower, offering a spa-like experience. Three additional bedrooms and two full baths provide ample space for family and guests, ensuring comfort for all. The generously sized utility room enhances functionality and storage options, while the expansive covered patio invites outdoor living and entertaining. Experience effortless living in the Dawson home plan, where every detail is designed for modern life.
ⓘ 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 · 22 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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $38,192
- − Mortgage interest
- −$19,482
- − Property taxes
- −$5,217
- − Insurance
- −$1,739
- − Repairs & maintenance
- −$3,055
- − Management
- −$3,055
- − Depreciation
- −$10,118
- Taxable loss
- −$4,475
- Est. tax savings @ 24.0%
- +$1,074
- After-tax cash flow
- $2,403/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
This Dawson floor plan home is in excellent condition with no visible repairs needed. It offers a spacious and modern design with a good layout and high-end finishes. Potential buyers would appreciate updates to the exterior and landscaping to enhance curb appeal.
Value-add opportunities
- Resale Painting the exterior siding — Enhances curb appeal and can increase property value.
- Resale Landscaping improvements — Enhances curb appeal and can increase property value.
- Both Adding smart home features — Improves convenience and can increase both resale and rental value.
- Resale Upgrading the kitchen backsplash — Can add visual interest and increase the home's appeal to potential buyers.
- Resale Upgrading the flooring in the bathrooms — Can add value and improve the overall aesthetic of the home.
Renovation cost estimate screening
Value-add ROI direction
- Resale Painting the exterior siding — Enhances curb appeal and can increase property value. ↑
- Resale Landscaping improvements — Enhances curb appeal and can increase property value. ↑
- Both Adding smart home features — Improves convenience and can increase both resale and rental value. ↑
- Resale Upgrading the kitchen backsplash — Can add visual interest and increase the home's appeal to potential buyers. ↑
- Resale Upgrading the flooring in the bathrooms — Can add value and improve the overall aesthetic of the home. ↑
ⓘ 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
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
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+1.2% since first listed10 events — show timeline
- 2026-01-13 Relisted — Zillow
- 2026-01-06 Price Changed $400,990 Zillow
- 2025-12-31 Delisted — Zillow
- 2025-12-09 Price Changed $400,740 Zillow
- 2025-12-02 Listed $310,990 Zillow
- 2025-10-03 Price Changed $400,500 Zillow
- 2025-10-01 Price Changed $398,000 Zillow
- 2025-08-30 Price Changed $397,750 Zillow
- 2025-08-06 Price Changed $396,500 Zillow
- 2025-07-19 Listed $396,250 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…