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15435 Park Perch Pl
C Composite 58.23
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 +15.7/30.0
  • ARV discount +11.4/15.0
  • Appreciation +10.0/10.0
  • DSCR +4.8/10.0
  • Schools +3.9/10.0
  • 1% rule +3.7/10.0
  • Livability +3.7/5.0
  • Rent growth +2.6/5.0
  • Condition / age +2.5/5.0

$279,990

15435 Park Perch Pl · Magnolia, TX 77354
4 bd · 2.0 ba · 1,689 sqft · Land · 156 Days on market
Built 2025 $166/sqft · 9% below area Est $306k · 9% under $154/mo HOA · 6% of rent ↓ 7% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

Key facts

  • Covered rear patio
  • Large island
  • Granite countertops

Tags

GRANITE COUNTERTOPSSTAINLESS STEEL APPLIANCESLARGE ISLANDVINYL PLANK FLOORINGUPGRADED TILECOVERED REAR PATIO

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/2.0-bath land listed at $280k.

Deal economics

  • At list price, monthly cash flow is $121 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (13.0% below list).
  • Recommended offer: $244k (13.0% below list) — sets the bar for 1% rule.
  • Cap rate 6.8% vs local median 3.4% in Magnolia — 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 73/100 on livability (#222 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
  • Magnolia ISD (rural): math 42% / reading 45% proficiency, ranked #247 of 826 in TX (top 30%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 1621 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 45d 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; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).

Forward outlook

  • In year one you build about $30k of equity ($2k loan paydown + $28k appreciation (10.0% local appreciation)).
  • Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 0.3% rent growth), your $78k cash investment doubles in ~3 years — after that, you're playing with house money.
  • By year 2, paydown + projected appreciation supports a ~$48k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 156 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts; this cycle's ask has dropped $37k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $243,505 (13.0% below list)

Questions for the listing agent

  1. It's been on market 156 days. Have you received any prior offers? Is the seller open to a 13% 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 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?
  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
0.87%
Cap rate
6.81%
Cash-on-cash
1.85%
DSCR
1.08
GRM
9.6

CMA / ARV

ARV (median comp)
$306,346
List price
$279,990
Delta
-8.60%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

10.0% appreciation · 0.32% rent growth · sell at horizon

5-year hold
IRR
24.7%
Equity multiple
2.96×
Total profit
$153,763
Equity at exit
$252,237
10-year hold
IRR
21.2%
Equity multiple
6.55×
Total profit
$435,045
Equity at exit
$543,959

Cash invested: $78,397 (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 77354

Home prices YoY
2.4%
Rents YoY
0.3%
Active inventory
1621
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$2,435 high interval (Pro) →
Mortgage (P&I)
$1,468
Tax from tax record
$64 /mo · $764/yr
Insurance
$117
HOA
$154
Vacancy / Maint / Mgmt
$511
Net cashflow
$121

Break-even live

Break-even rent $2,282
Max offer price $279,990
Occupancy floor 90%

Sensitivity live

Price -10% $280 -5% $200 +0% $121 +5% $42 +10% $-37
Rent -10% $-71 -5% $25 +0% $121 +5% $217 +10% $313
Rate -1.0pp $262 -0.5pp $192 base $121 +0.5pp $49 +1.0pp $-25

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
$69,998
Closing costs
$8,400
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 8 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
14727 Band Tailed Pigeon Ct Magnolia, TX 4.0 3.0 1942 $2,700 $1.39 44d 1 0.38mi
14983 Clay Harvest Rdg Magnolia, TX 4.0 3.0 2173 $2,375 $1.09 44d 1 0.61mi
39899 Mill Creek Rd Magnolia, TX 1.0–3.0 1.0–2.0 1104 $2,726 $2.47 0d 40 0.61mi
40547 Berylline Ln Magnolia, TX 4.0 2.0 1753 $2,300 $1.31 44d 1 0.79mi
40558 Berylline Ln Unit NA Magnolia, TX 3.0 2.0 1499 $2,150 $1.43 25d 1 0.82mi
40839 Hawthorne Glades St Magnolia, TX 3.0 2.0 1156 $2,100 $1.82 44d 1 0.86mi
948 Oak Mist Ln Magnolia, TX 3.0 2.0 1470 $2,000 $1.36 25d 1 1.24mi
937 Gentle Moss Dr Magnolia, TX 3.0 2.0 1252 $1,635 $1.31 6d 1 1.35mi

HOA detail

Monthly dues
$154 · $1,848/yr
Likely covers
landscaping

Listing history 37 events

  1. 2026-06-21
    days on market $279,990 Active 156 DOM
  2. 2026-06-18
    days on market $279,990 Active 153 DOM
  3. 2026-06-17
    days on market $279,990 Active 152 DOM
  4. 2026-06-16
    days on market $279,990 Active 151 DOM
  5. 2026-06-15
    days on market $279,990 Active 150 DOM
  6. 2026-06-13
    days on market $279,990 Active 148 DOM
  7. 2026-06-09
    days on market $279,990 Active 144 DOM
  8. 2026-06-08
    days on market $279,990 Active 143 DOM
  9. 2026-06-07
    days on market $279,990 Active 142 DOM
  10. 2026-06-04
    days on market $279,990 Active 139 DOM
  11. 2026-06-03
    days on market $279,990 Active 138 DOM
  12. 2026-06-02
    days on market $279,990 Active 137 DOM
  13. 2026-06-01
    days on market $279,990 Active 136 DOM
  14. 2026-05-31
    days on market $279,990 Active 135 DOM
  15. 2026-05-08
    price $279,990 770-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  16. 2026-05-08
    price $279,990 777-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  17. 2026-03-31
    price $294,990 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  18. 2026-03-30
    price $294,990 777-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  19. 2026-03-16
    price $306,930 770-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  20. 2026-03-16
    price $306,930 777-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  21. 2026-02-03
    price $322,230 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  22. 2026-02-02
    price $322,230 777-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  23. 2026-01-17
    status Active 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  24. 2026-01-17
    historical 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  25. 2026-01-16
    price $317,230 770-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  26. 2026-01-16
    listed $317,230 Active 777-char remark
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  27. 2026-01-16
    historical
    Show marketing remark (777 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42” upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  28. 2026-01-09
    price $314,230 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  29. 2026-01-08
    price $314,230
  30. 2025-12-23
    status Active 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  31. 2025-12-22
    status Active
  32. 2025-09-23
    historical 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  33. 2025-09-22
    status Pending
  34. 2025-04-02
    price $301,755 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  35. 2025-04-01
    price $301,755
  36. 2025-03-21
    listed $300,455 Active 770-char remark
    Show marketing remark (770 chars)

    This stunning 1-story, 4-bedroom, 2-bath "Mockingbird II" by Smith Douglas Homes is located in the Audubon community of Magnolia, TX. The stylish kitchen features granite countertops, 42 upper cabinets, stainless steel appliances, and pendant lighting over the large island. The open-concept living area boasts durable vinyl plank flooring extending through the main living areas. Upgraded tile enhances the primary bath, secondary bath, and utility, while plush carpet adds comfort to all bedrooms and closets. Outdoor highlights include a large covered rear patio, fully sodded front and back yards, full irrigation system, and full gutters. Enjoy onsite nature-centered amenities, playgrounds, walking trails, and an onsite elementary school. AVAILABLE NOW!

  37. 2025-03-20
    listed $300,455 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
$764 · $64/mo
Projected year-2 tax
$5,124 · $427/mo
Expected delta
+$4,360/yr (+$363/mo · 571.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$29,221
− Mortgage interest
−$15,684
− Property taxes
−$764
− Insurance
−$1,400
− Repairs & maintenance
−$2,338
− Management
−$2,338
− HOA
−$1,848
− Depreciation
−$8,145
Taxable loss
−$3,295
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$791
After-tax cash flow
$2,244/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
Magnolia ISD
NCES district ID
4828740
Math proficiency
42% ▼ -7.00%
Reading proficiency
45% ▼ -4.00%
Median HH income
$71,692
Composite
39.46/100
National rank
#3958
State rank
#247 of 826 in TX

Livability — Magnolia

Score
73/100
State rank
#222
US rank
#5442

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Montgomery County · 663,713 people
City population
32,847
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
44,900
Household income
$112,504
Rent vs Own
20.1% rent · 79.9% own
Severe rent burden
586.0

Population outlook (Montgomery County) Hauer SSP2

Today (2025)
713,896 people
By 2030
805,263 · +12.8%
By 2040
992,708 · +39.1%
By 2050
1,179,590 · +65.2%
By 2075
1,628,084 · +128.1%
By 2100
1,937,880 · +171.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Hispanic / Latino 25% Two or more races 18% Black 3% Asian 1%
Hispanic origin (detail)
Mexican 14% Puerto Rican 1%
Common ancestry
Lithuanian 4% Slovak 2% Italian 2%
Foreign-born
11% · Canada, Vietnam
Languages at home
83% English-only · Spanish 15% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Montgomery

2024 margin
Solid R (+45.5) · D 26.8% · R 72.3%
2008→2024 swing
+7.2pp toward D · 2008: -52.7pp · 2024: -45.5pp
All cycles
2024: R+45.5 2020: R+43.8 2016: R+51.4 2012: R+60.7 2008: R+52.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 12.09%
Current HPI
512.87
Rent YoY
▲ 0.32%
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

-6.8% since first listed
23 events — show timeline
  • 2026-05-08 Price Changed $279,990 Zillow
  • 2026-05-08 Price Changed $279,990 HARMLS
  • 2026-03-31 Price Changed $294,990 Zillow
  • 2026-03-30 Price Changed $294,990 HARMLS
  • 2026-03-16 Price Changed $306,930 Zillow
  • 2026-03-16 Price Changed $306,930 HARMLS
  • 2026-02-03 Price Changed $322,230 Zillow
  • 2026-02-02 Price Changed $322,230 HARMLS
  • 2026-01-17 Relisted Zillow
  • 2026-01-17 Delisted Zillow
  • 2026-01-16 Price Changed $317,230 Zillow
  • 2026-01-16 Listing Removed HARMLS
  • 2026-01-16 Listed $317,230 HARMLS
  • 2026-01-09 Price Changed $314,230 Zillow
  • 2026-01-08 Price Changed $314,230 HARMLS
  • 2025-12-23 Relisted Zillow
  • 2025-12-22 Relisted HARMLS
  • 2025-09-23 Delisted Zillow
  • 2025-09-22 Pending HARMLS
  • 2025-04-02 Price Changed $301,755 Zillow
  • 2025-04-01 Price Changed $301,755 HARMLS
  • 2025-03-21 Listed $300,455 Zillow
  • 2025-03-20 Listed $300,455 HARMLS

Property tax history

-0.1%/yr

Latest (2025): $764 · -0.1% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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