🏗️ New Construction
3219 Diamond View Ln · Angleton, TX
Flood risk 9/10 · Severe
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 10/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 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
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F 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 +7.5/15.0
- Cash flow +5.3/30.0
- Condition / age +5.0/5.0
- Schools +3.9/10.0
- Livability +3.7/5.0
- Rent growth +2.5/5.0
- 1% rule +1.3/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$229,990
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
From the front porch, you enter into the foyer and are immediately welcomed into the open family room, dining area, and kitchen. Just off the kitchen is the primary bedroom, which includes a primary bath, walk-in closet, and convenient access to the laundry room. The family room opens to a back patio, perfect for outdoor relaxation. On the opposite side of the kitchen, you'll find two additional bedrooms that share a full bath, along with access to the two-car garage.
Key facts
- 2 garage spots
- Built 2026
- Listed 97 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $230k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-658 ($-8k/yr) — negative.
- To cash-flow at today's rent, offer at most $170k (26.0% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $168k (27.0% below list).
- Recommended offer: $168k (27.0% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 74/100 on livability (#171 in TX, #4,520 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F.
- Angleton ISD (suburban): math 36% / reading 44% proficiency, ranked #375 of 826 in TX (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Rancho Isabella El (math 42% / reading 47%, grade F, #1,155 of 4,322 statewide, top 29%, 418 students, 68% FRL); Angleton J H School (math 26% / reading 41%, grade F, #911 of 1,662 statewide, top 56%, 1,561 students, 68% FRL); Angleton H S (math 22% / reading 45%, grade F, #1,011 of 1,632 statewide, top 63%, 2,066 students, 67% FRL).
- Market conditions: 1104 active listings in the ZIP; solid renter incomes; 3,960 units permitted in Brazoria County in 2024 (593 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 $8k of value loss. Plan a longer hold.
- Brazoria County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 98 days — a 9% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $13k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: flood insurance adds $66/mo.
- Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 98 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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 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?
- 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
- 0.63% ✗
- Cap rate
- 3.62%
- Cash-on-cash
- -9.55%
- DSCR
- 0.58
- GRM
- 13.2
CMA / ARV
- ARV (median comp)
- $265,490
- List price
- $229,990
- Delta
- -13.37%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 7 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3135 Diamond View Ln | 0.06mi | 3/2.0 | 1,429 (0%) | 3mo | $266,540 | $187 | 95 |
| 3123 Diamond View Ln | 0.09mi | 3/2.0 | 1,429 (0%) | 3mo | $265,990 | $186 | 94 |
| 3111 Diamond View Ln | 0.12mi | 3/2.0 | 1,429 (0%) | 2mo | $264,990 | $185 | 93 |
| 7831 Morganite Mist Dr | 0.14mi | 3/2.0 | 1,629 (+14%) | 1mo | $212,990 | $131 | 69 |
| 7914 Jasper Meadows Way | 0.29mi | 3/2.0 | 1,602 (+12%) | 1mo | $231,490 | $145 | 65 |
| 7811 Jade Crest Dr | 0.30mi | 3/2.0 | 1,602 (+12%) | 3mo | $270,825 | $169 | 63 |
| 8035 Topaz Ridge Dr | 0.66mi | 3/2.0 | 1,629 (+14%) | 0mo | $212,990 | $131 | 45 |
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 · 3.0% rent growth · sell at horizon
- IRR
- -35.5%
- Equity multiple
- -0.14×
- Total profit
- $-84,803
- Equity at exit
- $39,585
- IRR
- -47.1%
- Equity multiple
- -0.71×
- Total profit
- $-127,321
- Equity at exit
- $22,955
Cash invested: $74,337 (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
Active competition Active MLS
- For sale now
- 15 active · 10 under contract
- Months of supply
- 6.4 mo (16%/mo absorbed)
- Median asking
- $284,290 ($172/sqft)
- Median days on market
- 73 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- +8.2% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 77515
- Home prices YoY
- -5.1%
- Active inventory
- 1104
- Price-to-rent
- 11.4×
Monthly cashflow live
- Estimated rent
- $1,679 medium interval (Pro) →
- Mortgage (P&I)
- −$1,392
- Tax est. 1.5%
- −$332 /mo · $3,982/yr
- Insurance
- −$111
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$83
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$353
- Net cashflow
- $-658
Break-even live
Sensitivity live
| Price | -10% $-474 | -5% $-566 | +0% $-658 | +5% $-750 | +10% $-841 |
|---|---|---|---|---|---|
| Rent | -10% $-790 | -5% $-724 | +0% $-658 | +5% $-592 | +10% $-525 |
| Rate | -1.0pp $-524 | -0.5pp $-590 | base $-658 | +0.5pp $-727 | +1.0pp $-797 |
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
- $66,372
- Closing costs
- $7,965
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Property features AI
Finance
- Other
- Builder: Starlight Homes
- HOA & community
- Community managed by InframarkAnnual association fee
Exterior
- Parking
- Attached garage2 garage spaces
- Security
- Smoke detectors
- Utilities
- Public waterPublic sewer
- Home design
- Residential propertyNew construction (under construction)Full ownershipSlab foundationComposition roof
- Construction
- Brick constructionBuilt in 2026Slab foundationComposition roof
- Exterior features
- DeckPatioFully fenced backyardBack yard fencingSubdivision lot
Interior
- Kitchen
- DishwasherDisposalGas ovenGas rangeMicrowave
- Bedrooms
- Primary bedroom (First level) — 14 x 13Bedroom (First level) — 12 x 11Bedroom (First level) — 11 x 10
- Flooring
- CarpetVinyl
- Bathrooms
- 2 full bathrooms
- Heating & cooling
- Central heating (electric)Central air conditioning (electric)
- Interior features
- Breakfast barGranite countersHigh ceilingsKitchen islandKitchen/family room comboPantrySelf-closing cabinet doors and drawersSeparate showerTub/shower combinationProgrammable thermostatLow emissivity windowsVentilation for improved indoor air quality
- Laundry & utility
- Washer hookupElectric dryer hookup
Listing history 40 events
-
2026-08-08days on market $229,990 Active 98 DOM
-
2026-08-06days on market $229,990 Active 96 DOM
-
2026-08-05days on market $229,990 Active 95 DOM
-
2026-08-04days on market $229,990 Active 94 DOM
-
2026-08-03pricestatus $229,990 Active 93 DOM
-
2026-07-10status $239,990 Pending 93 DOM
-
2026-07-09days on market $239,990 Active 93 DOM
-
2026-07-07days on market $239,990 Active 91 DOM
-
2026-07-06days on market $239,990 Active 90 DOM
-
2026-07-06days on market $239,990 Active 89 DOM
-
2026-07-05days on market $239,990 Active 88 DOM
-
2026-07-03days on market $239,990 Active 87 DOM
-
2026-07-02days on market $239,990 Active 86 DOM
-
2026-07-01days on market $239,990 Active 85 DOM
-
2026-06-30days on market $239,990 Active 84 DOM
-
2026-06-29days on market $239,990 Active 83 DOM
-
2026-06-28days on market $239,990 Active 82 DOM
-
2026-06-27days on market $239,990 Active 81 DOM
-
2026-06-26days on market $239,990 Active 80 DOM
-
2026-06-24pricedays on market $239,990 Active 78 DOM
Show marketing remark (472 chars)
From the front porch, you enter into the foyer and are immediately welcomed into the open family room, dining area, and kitchen. Just off the kitchen is the primary bedroom, which includes a primary bath, walk-in closet, and convenient access to the laundry room. The family room opens to a back patio, perfect for outdoor relaxation. On the opposite side of the kitchen, you'll find two additional bedrooms that share a full bath, along with access to the two-car garage.
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2026-06-22days on market $244,990 Active 76 DOM
-
2026-06-21days on market $244,990 Active 75 DOM
-
2026-06-18days on market $244,990 Active 72 DOM
-
2026-06-17days on market $244,990 Active 71 DOM
-
2026-06-16days on market $244,990 Active 70 DOM
-
2026-06-15days on market $244,990 Active 69 DOM
-
2026-06-13days on market $244,990 Active 67 DOM
-
2026-06-09days on market $244,990 Active 63 DOM
-
2026-06-08days on market $244,990 Active 62 DOM
-
2026-06-07days on market $244,990 Active 61 DOM
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2026-06-04days on market $244,990 Active 58 DOM
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2026-06-03days on market $244,990 Active 57 DOM
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2026-06-02days on market $244,990 Active 56 DOM
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2026-06-01days on market $244,990 Active 55 DOM
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2026-05-31days on market $244,990 Active 54 DOM
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2026-05-15price $246,990 472-char remark
Show marketing remark (472 chars)
From the front porch, you enter into the foyer and are immediately welcomed into the open family room, dining area, and kitchen. Just off the kitchen is the primary bedroom, which includes a primary bath, walk-in closet, and convenient access to the laundry room. The family room opens to a back patio, perfect for outdoor relaxation. On the opposite side of the kitchen, you'll find two additional bedrooms that share a full bath, along with access to the two-car garage.
-
2026-05-04price $246,990 825-char remark
-
2026-04-10$242,990 Active 472-char remark
Show marketing remark (472 chars)
From the front porch, you enter into the foyer and are immediately welcomed into the open family room, dining area, and kitchen. Just off the kitchen is the primary bedroom, which includes a primary bath, walk-in closet, and convenient access to the laundry room. The family room opens to a back patio, perfect for outdoor relaxation. On the opposite side of the kitchen, you'll find two additional bedrooms that share a full bath, along with access to the two-car garage.
-
2026-04-09price $242,990 825-char remark
-
2026-04-07$267,290 Active 825-char remark
ⓘ 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 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 10/10 Extreme 7 d/yr ≥109°F today · 25 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 · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,147
- − Mortgage interest
- −$14,872
- − Property taxes
- −$3,982
- − Insurance
- −$2,125
- − Repairs & maintenance
- −$1,612
- − Management
- −$1,612
- − HOA
- −$996
- − Depreciation
- −$7,723
- Taxable loss
- −$12,775
- Est. tax savings @ 24.0%
- +$3,066
- After-tax cash flow
- $-4,828/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
This brand new single-story home is move-in ready with an excellent condition score and modern finishes. It offers a great value for both resale and rental markets.
Value-add opportunities
- Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both Replace carpet with hardwood flooring in bedrooms — Hardwood flooring is more durable and adds value ↑
- Both Install smart home automation — Modernizes home and adds convenience ↑
Zoned Schools
Schools (NCES district)
- District
- Angleton ISD
- NCES district ID
- 4808310
- Math proficiency
- 36% ▼ -8.00%
- Reading proficiency
- 44% ▲ 1.00%
- Median HH income
- $55,670
- Composite
- 35.01/100
- National rank
- #5046
- State rank
- #375 of 826 in TX
Livability — Angleton
- Score
- 74/100
- State rank
- #171
- US rank
- #4520
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Brazoria County · 420,414 people
- City population
- 34,088
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 34,088
- Household income
- $88,787
- Rent vs Own
- Severe rent burden
- 6% of renters
Population outlook (Brazoria County) Hauer SSP2
- Today (2025)
- 420,414 people
- By 2030
- 457,585 · +8.8%
- By 2040
- 532,232 · +26.6%
- By 2050
- 605,399 · +44.0%
- By 2075
- 779,358 · +85.4%
- By 2100
- 883,759 · +110.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.58)
- Race & ethnicity
- White 55% Hispanic / Latino 33% Two or more races 18% Black 8% Asian 2%
- Hispanic origin (detail)
- Mexican 28%
- Common ancestry
- Lithuanian 3% Romanian 2% Slovak 1%
- Foreign-born
- 8% · Canada, Vietnam
- Languages at home
- 78% English-only · Spanish 20% Other Asian/Pacific 1%
Political lean MEDSL · Brazoria
- 2024 margin
- R (+19.7) · D 39.5% · R 59.2% · Other 1.3%
- 2008→2024 swing
- +9.9pp toward D · 2008: -29.6pp · 2024: -19.7pp
- All cycles
- 2024: R+19.7 2020: R+18.2 2016: R+24.6 2012: R+34.2 2008: R+29.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -15.59%
- Current HPI
- 288.7286
- Rent YoY
- —
- 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
-10.2% since first listed9 events — show timeline
- 2026-06-24 Price Changed $239,990 Zillow
- 2026-06-23 Price Changed $239,990 HARMLS
- 2026-05-28 Price Changed $244,990 Zillow
- 2026-05-21 Price Changed $244,990 HARMLS
- 2026-05-15 Price Changed $246,990 Zillow
- 2026-05-04 Price Changed $246,990 HARMLS
- 2026-04-10 Listed $242,990 Zillow
- 2026-04-09 Price Changed $242,990 HARMLS
- 2026-04-07 Listed $267,290 HARMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…