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13860 Ventura Rd
D+ Composite 47.16
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).

  • ARV discount +15.0/15.0
  • Cash flow +13.0/30.0
  • 1% rule +4.5/10.0
  • DSCR +3.9/10.0
  • Schools +3.2/10.0
  • Livability +3.1/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.0/5.0
  • Appreciation +0.0/10.0

$220,000

13860 Ventura Rd · Willis, TX 77318
3 bd · 2.0 ba · 1,658 sqft · SingleFamily public records · 79 Days on market
Built 1982 9,435 sqft lot $133/sqft · 35% below area Est $340k · 35% under $106/mo HOA · 5% of rent

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

Listing remarks MLS

Discover the charm of Lake Conroe living at 13860 Ventura Rd! Located in the sought-after Corinthian Point community, this home offers the perfect blend of comfort, space, and outdoor lifestyle. Residents enjoy access to a private boat ramp, marina, fishing piers, pool, clubhouse, and tennis, pickleball, and basketball courts. Inside, the spacious living room features vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace, creating a warm and inviting gathering space. The open kitchen with island flows easily into the living and dining areas, making entertaining simple. Step outside to a covered patio overlooking a large fenced backyard with room to relax, play, or even add a future pool. Whether you're searching for a weekend getaway or a peaceful full-time retreat, this home offers the lifestyle so many people love about Lake Conroe. Come take a look and see why Corinthian Point is such a special place to call home.GRASS is virtually staged.

Key facts

  • Private boat ramp
  • Fishing piers
  • Pool

Tags

LAKE CONROE LIVINGCORINTHIAN POINT COMMUNITYPRIVATE BOAT RAMPMARINAFISHING PIERSPOOL

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 3-bed/2.0-bath single-family listed at $220k.

Deal economics

  • At list price, monthly cash flow is $-13 ($-153/yr) — negative.
  • To cash-flow at today's rent, offer at most $218k (1.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $209k (5.2% below list).
  • Recommended offer: $207k (6.0% below list) — sets the bar for market timing.
  • Cap rate 6.2% vs local median 4.7% in Willis — 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 62/100 on livability (#933 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime C-, employment D+, amenities F.
  • Willis ISD (rural): math 33% / reading 40% proficiency, ranked #458 of 826 in TX (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Parmley El (math 39% / reading 34%, grade F, #1,883 of 4,322 statewide, top 44%, 625 students, 72% FRL); Lynn Lucas Middle (math 23% / reading 32%, grade F, #1,156 of 1,662 statewide, top 71%, 971 students, 74% FRL); Willis H S (math 19% / reading 46%, grade F, #1,029 of 1,632 statewide, top 64%, 2,521 students, 57% FRL).
  • Market conditions: Rents soft (-2.1%/yr); 1199 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 6d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • Montgomery County population projected at +65% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 79 days — a 6% lower offer ($207k) is reasonable based on typical stale-listing flexibility.
  • 6 sale attempts since 6y ago; this cycle's ask has dropped $17k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $206,800 (6.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
0.95%
Cap rate
6.22%
Cash-on-cash
-0.25%
DSCR
0.99
GRM
8.8

CMA / ARV

ARV (median comp)
$339,768
List price
$220,000
Delta
-35.25%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
15460 Paradise Point Dr 0.17mi 2/1.0 (-1) 1,656 (-0%) 11mo $444,000 $268 74
13991 Lakepoint Dr 0.37mi 3/2.0 1,734 (+5%) 14mo $319,000 $184 63
15692 Lakeway Dr 0.29mi 3/2.0 1,836 (+11%) 9mo $485,000 $264 61
15589 Corinthian Way 0.52mi 3/2.0 1,804 (+9%) 4mo $323,000 $179 58
13051 Sorrento Bay Dr 0.70mi 3/2.5 1,858 (+12%) 6mo $327,990 $177 40
13242 Huck Finn St 0.55mi 4/2.0 (+1) 1,848 (+12%) 17mo $129,995 $70 36

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
-20.4%
Equity multiple
0.31×
Total profit
$-42,454
Equity at exit
$32,803
10-year hold
IRR
-23.2%
Equity multiple
0.01×
Total profit
$-61,154
Equity at exit
$19,022

Cash invested: $61,600 (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 77318

Home prices YoY
-32.7%
Rents YoY
-2.1%
Active inventory
1199
Price-to-rent
8.8×

Monthly cashflow live

Estimated rent
$2,086 medium interval (Pro) →
Mortgage (P&I)
$1,154
Tax from tax record
$309 /mo · $3,708/yr
Insurance
$92
HOA
$106
Vacancy / Maint / Mgmt
$438
Net cashflow
$-13

Break-even live

Break-even rent $2,102
Max offer price $217,755
Occupancy floor 96%

Sensitivity live

Price -10% $112 -5% $50 +0% $-13 +5% $-75 +10% $-137
Rent -10% $-177 -5% $-95 +0% $-13 +5% $70 +10% $152
Rate -1.0pp $98 -0.5pp $43 base $-13 +0.5pp $-70 +1.0pp $-128

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
$55,000
Closing costs
$6,600
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 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
14156 Shadow Bay Dr Willis, TX 3.0 2.0 1432 $2,195 $1.53 0d 1 1.22mi
14190 Green Wing Cir Willis, TX 3.0 2.0 1402 $1,795 $1.28 5d 1 1.44mi
14210 Green Wing Cir Willis, TX 4.0 2.0 1603 $1,850 $1.15 5d 1 1.47mi
14214 Green Wing Cir Willis, TX 3.0 2.0 1200 $1,950 $1.62 45d 1 1.48mi

HOA detail

Monthly dues
$106 · $1,272/yr
Likely covers
pool

Listing history 20 events

  1. 2026-04-26
    price $220,000 978-char remark
    Show marketing remark (978 chars)

    Discover the charm of Lake Conroe living at 13860 Ventura Rd! Located in the sought-after Corinthian Point community, this home offers the perfect blend of comfort, space, and outdoor lifestyle. Residents enjoy access to a private boat ramp, marina, fishing piers, pool, clubhouse, and tennis, pickleball, and basketball courts. Inside, the spacious living room features vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace, creating a warm and inviting gathering space. The open kitchen with island flows easily into the living and dining areas, making entertaining simple. Step outside to a covered patio overlooking a large fenced backyard with room to relax, play, or even add a future pool. Whether you're searching for a weekend getaway or a peaceful full-time retreat, this home offers the lifestyle so many people love about Lake Conroe. Come take a look and see why Corinthian Point is such a special place to call home.GRASS is virtually staged.

  2. 2026-03-10
    listed $237,000 Active 978-char remark
    Show marketing remark (978 chars)

    Discover the charm of Lake Conroe living at 13860 Ventura Rd! Located in the sought-after Corinthian Point community, this home offers the perfect blend of comfort, space, and outdoor lifestyle. Residents enjoy access to a private boat ramp, marina, fishing piers, pool, clubhouse, and tennis, pickleball, and basketball courts. Inside, the spacious living room features vaulted ceilings, abundant natural light, and a cozy wood-burning fireplace, creating a warm and inviting gathering space. The open kitchen with island flows easily into the living and dining areas, making entertaining simple. Step outside to a covered patio overlooking a large fenced backyard with room to relax, play, or even add a future pool. Whether you're searching for a weekend getaway or a peaceful full-time retreat, this home offers the lifestyle so many people love about Lake Conroe. Come take a look and see why Corinthian Point is such a special place to call home.GRASS is virtually staged.

  3. 2026-03-09
    historical
  4. 2025-12-31
    price $242,000
  5. 2025-11-19
    price $254,500
  6. 2025-10-17
    listed $264,500 Active
  7. 2025-09-05
    historical
  8. 2025-07-12
    price $269,000
  9. 2025-06-23
    listed $279,000 Active
  10. 2025-06-23
    historical
  11. 2025-06-05
    listed $285,000 Active
  12. 2020-11-10
    soldstatus
  13. 2020-11-06
    soldstatus Sold
  14. 2020-10-03
    status Pending
  15. 2020-09-22
    status Option Pending
  16. 2020-09-07
    status Active
  17. 2020-08-31
    status Option Pending
  18. 2020-07-02
    listed $189,000 Active
  19. 2008-05-16
    soldstatus
  20. 2008-01-16
    soldstatus

ⓘ 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
$3,708 · $309/mo
Projected year-2 tax
$4,026 · $336/mo
Expected delta
+$318/yr (+$27/mo · 8.6%)

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

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,028
− Mortgage interest
−$12,323
− Property taxes
−$3,708
− Insurance
−$1,100
− Repairs & maintenance
−$2,002
− Management
−$2,002
− HOA
−$1,272
− Depreciation
−$6,400
Taxable loss
−$3,780
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$907
After-tax cash flow
$755/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
Willis ISD
NCES district ID
4845900
Math proficiency
33% ▼ -15.00%
Reading proficiency
40% ▼ -2.00%
Median HH income
$57,828
Composite
32.32/100
National rank
#5746
State rank
#458 of 826 in TX

Livability — Willis

Score
62/100
State rank
#933
US rank
#16579

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Montgomery County · 663,713 people
City population
205,417
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
20,792
Household income
$92,415
Rent vs Own
19.3% rent · 80.7% own
Severe rent burden
279.0

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 (72%)
Race & ethnicity
White 72% Hispanic / Latino 17% Two or more races 14% Black 3%
Hispanic origin (detail)
Mexican 12%
Common ancestry
Lithuanian 4% Slovak 2% Serbian 2%
Foreign-born
6% · Canada, Jamaica
Languages at home
88% English-only · Spanish 10%

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
▼ -114.58%
Current HPI
236.256
Rent YoY
▼ -2.09%
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

+16.4% since first listed
20 events — show timeline
  • 2026-04-26 Price Changed $220,000 HARMLS
  • 2026-03-10 Listed $237,000 HARMLS
  • 2026-03-09 Listing Removed HARMLS
  • 2025-12-31 Price Changed $242,000 HARMLS
  • 2025-11-19 Price Changed $254,500 HARMLS
  • 2025-10-17 Listed $264,500 HARMLS
  • 2025-09-05 Listing Removed HARMLS
  • 2025-07-12 Price Changed $269,000 HARMLS
  • 2025-06-23 Listing Removed HARMLS
  • 2025-06-23 Listed $279,000 HARMLS
  • 2025-06-05 Listed $285,000 HARMLS
  • 2020-11-10 Sold (Public Records) Public Records
  • 2020-11-06 Sold (MLS) HARMLS
  • 2020-10-03 Pending HARMLS
  • 2020-09-22 Pending HARMLS
  • 2020-09-07 Relisted HARMLS
  • 2020-08-31 Pending HARMLS
  • 2020-07-02 Listed $189,000 HARMLS
  • 2008-05-16 Sold (Public Records) Public Records
  • 2008-01-16 Sold (Public Records) Public Records

Property tax history

+2.0%/yr

Latest (2025): $3,708 · -23.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…