16506 Ithaca Pheasant Dr · Cleveland, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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).
- ARV discount +15.0/15.0
- Cash flow +14.4/30.0
- 1% rule +5.3/10.0
- Condition / age +4.8/5.0
- DSCR +4.4/10.0
- Rent growth +3.5/5.0
- Livability +3.1/5.0
- Schools +2.5/10.0
- Appreciation +0.0/10.0
$184,741
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
Key facts
- Walk-in closet
- Open floorplan
- Secondary bedrooms
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $185k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $36 ($433/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $185k).
- Recommended offer: $174k (6.0% below list) — sets the bar for market timing.
- Cap rate 6.5% vs local median 4.6% in Cleveland — 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 61/100 on livability (#1,013 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D-, amenities F, commute F.
- Splendora ISD (rural): math 25% / reading 31% proficiency, ranked #648 of 826 in TX (top 78%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Piney Woods El (math 23% / reading 28%, grade F, #2,982 of 4,322 statewide, top 70%, 534 students, 55% FRL); Splendora J H (math 28% / reading 42%, grade F, #842 of 1,662 statewide, top 51%, 774 students, 62% FRL); Splendora H S (math 18% / reading 38%, grade F, #1,170 of 1,632 statewide, top 72%, 1,344 students, 59% FRL) — zoned schools at 59% FRL track the district average.
- Market conditions: Rents rising fast (+4.0%/yr); 1577 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 13,259 units permitted in Montgomery County in 2024 (1,402 in 5+ unit buildings).
- This rent runs 37% of the median local income ($62k/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 $1k of loan paydown is wiped out by about $6k 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 76 days — a 6% lower offer ($174k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $55k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Questions for the listing agent
- It's been on market 76 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- 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 F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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
- 1.03% ✓
- Cap rate
- 6.53%
- Cash-on-cash
- 0.84%
- DSCR
- 1.04
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $243,521
- List price
- $184,741
- Delta
- -24.14%
- 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 |
|---|---|---|---|---|---|---|---|
| 16246 Bergara Bend Dr | 0.03mi | 3/2.0 | 1,311 (+1%) | 0mo | $231,990 | $177 | 97 |
| 16206 Bergara Bend Dr | 0.03mi | 3/2.0 | 1,311 (+1%) | 1mo | $231,990 | $177 | 96 |
| 16218 Bergara Bend Dr | 0.05mi | 3/2.0 | 1,409 (+8%) | 1mo | $235,990 | $167 | 83 |
| 16226 Bergara Bend Dr | 0.05mi | 3/2.0 | 1,418 (+9%) | 1mo | $243,990 | $172 | 82 |
| 16229 Bergara Bend Dr | 0.05mi | 3/2.0 | 1,451 (+11%) | 1mo | $235,990 | $163 | 78 |
| 21344 Pine Mill Dr | 0.39mi | 3/2.0 | 1,412 (+8%) | 3mo | $222,000 | $157 | 65 |
| 20807 Olive Leaf St | 0.38mi | 3/2.0 | 1,444 (+11%) | 4mo | $225,000 | $156 | 61 |
| 15332 Timber Preserve Ln | 0.25mi | 3/2.0 | 1,448 (+11%) | 11mo | $225,000 | $155 | 60 |
| 21328 Pine Mill Dr | 0.42mi | 3/2.0 | 1,479 (+14%) | 4mo | $195,960 | $132 | 54 |
| 15215 Mayflower St | 0.63mi | 3/2.0 | 1,415 (+9%) | 12mo | $252,990 | $179 | 46 |
| 21510 Rolling Streams | 0.74mi | 3/2.0 | 1,206 (-7%) | 10mo | $229,990 | $191 | 44 |
| 21514 Rolling Streams Dr | 0.74mi | 3/2.0 | 1,429 (+10%) | 12mo | $219,990 | $154 | 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 · 4.0% rent growth · sell at horizon
- IRR
- -13.6%
- Equity multiple
- 0.51×
- Total profit
- $-25,555
- Equity at exit
- $27,545
- IRR
- -2.9%
- Equity multiple
- 0.80×
- Total profit
- $-10,590
- Equity at exit
- $15,973
Cash invested: $51,727 (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 77327
- Home prices YoY
- -5.2%
- Rents YoY
- 4.0%
- Active inventory
- 1577
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,905 medium interval (Pro) →
- Mortgage (P&I)
- −$969
- Tax est. 1.5%
- −$231 /mo · $2,771/yr
- Insurance
- −$77
- HOA
- −$192
- Vacancy / Maint / Mgmt
- −$400
- Net cashflow
- $36
Break-even live
Sensitivity live
| Price | -10% $164 | -5% $100 | +0% $36 | +5% $-28 | +10% $-92 |
|---|---|---|---|---|---|
| Rent | -10% $-114 | -5% $-39 | +0% $36 | +5% $111 | +10% $187 |
| Rate | -1.0pp $129 | -0.5pp $83 | base $36 | +0.5pp $-12 | +1.0pp $-60 |
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
- $46,185
- Closing costs
- $5,542
- 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 2 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 15019 Ashton Meadows Dr New Caney, TX | 3.0 | 2.0 | 1501 | $1,790 | $1.19 | 25d | 1 | 0.71mi |
| 14255 Timber Fields Way New Caney, TX | 3.0–4.0 | 2.0–2.5 | 1797 | $1,622 | $0.90 | 6d | 57 | 1.19mi |
HOA detail
- Monthly dues
- $192 · $2,304/yr
Listing history 33 events
-
2026-06-02days on market $184,741 Active 76 DOM
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2026-06-01days on market $184,741 Active 75 DOM
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2026-05-31days on market $184,741 Active 74 DOM
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2026-05-12price $188,441 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-05-11price $188,441 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-05-06price $191,991 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-05-05price $191,991 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-05-01price $191,990 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-30price $191,990 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-04-28price $198,790 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-27price $198,790 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-04-25price $209,140 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-04-24price $209,140 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-17price $210,140 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-16price $210,140 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-04-14price $213,590 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-13price $213,590 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-04-10price $217,740 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-09price $217,740 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
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2026-04-07price $221,290 509-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
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2026-04-07price $205,440 509-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-07price $221,290 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
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2026-04-03price $224,840 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-04-02price $224,840 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
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2026-03-31price $228,540 509-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-03-31price $228,540 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-03-30price $232,240 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
-
2026-03-27price $232,240 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-03-22price $236,040 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
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2026-03-20price $236,040 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
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2026-03-18$240,000 Active 509-char remark
Show marketing remark (509 chars)
NEW! Lennar Watermill Collection in Timbers Edge! The Beckman plan with Elevation "K3". This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are three secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.
-
2026-03-17price $240,000 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
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2026-03-16$250,990 Active 380-char remark
Show marketing remark (380 chars)
This new home is conveniently laid out on a single floor for maximum comfort and convenience. At its heart stands an open-concept layout connecting a spacious family room, a multi-functional kitchen and lovely dining area. The owner's suite is situated in a private corner and comes complete with an adjoining bathroom, while the two secondary bedrooms are located near the foyer.
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $22,858
- − Mortgage interest
- −$10,348
- − Property taxes
- −$2,771
- − Insurance
- −$924
- − Repairs & maintenance
- −$1,829
- − Management
- −$1,829
- − HOA
- −$2,304
- − Depreciation
- −$5,374
- Taxable loss
- −$2,521
- Est. tax savings @ 24.0%
- +$605
- After-tax cash flow
- $1,038/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 · 1 photo
This single-family home is in excellent condition with no visible repairs or maintenance needed. It offers a spacious open floorplan and is ready for immediate move-in. Potential buyers and renters will appreciate the curb appeal and interior updates.
Value-add opportunities
- Both Painting exterior and interior — Enhances curb appeal and interior aesthetics
- Both Landscaping improvements — Enhances curb appeal and adds value
- Resale New flooring in bathrooms — Improves appearance and functionality
- Resale New kitchen appliances — Enhances functionality and appeal
Renovation cost estimate screening
Value-add ROI direction
- Both Painting exterior and interior — Enhances curb appeal and interior aesthetics ↑
- Both Landscaping improvements — Enhances curb appeal and adds value ↑
- Resale New flooring in bathrooms — Improves appearance and functionality ↑
- Resale New kitchen appliances — Enhances functionality and appeal ↑
ⓘ 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
- Splendora ISD
- NCES district ID
- 4841070
- Math proficiency
- 25% ▼ -8.00%
- Reading proficiency
- 31% ▼ -1.00%
- Median HH income
- $54,166
- Composite
- 24.92/100
- National rank
- #7572
- State rank
- #648 of 826 in TX
Livability — Cleveland
- Score
- 61/100
- State rank
- #1013
- US rank
- #17943
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Liberty County · 82,189 people
- City population
- 17,208
- Metro
- Houston-The Woodlands-Sugar Land, TX
- Population (ZIP)
- 42,685
- Household income
- $62,219
- Rent vs Own
- Severe rent burden
- 437.0
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
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- Hispanic / Latino 54% White 36% Two or more races 18% Black 8% Native American 2%
- Hispanic origin (detail)
- Mexican 42%
- Common ancestry
- Lithuanian 2% Serbian 1% Slovak 0%
- Foreign-born
- 22% · Canada
- Languages at home
- 51% English-only · Spanish 48%
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
- ▼ -12.39%
- Current HPI
- 224.9222
- Rent YoY
- ▲ 4.00%
- 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
-24.9% since first listed30 events — show timeline
- 2026-05-12 Price Changed $188,441 Zillow
- 2026-05-11 Price Changed $188,441 HARMLS
- 2026-05-06 Price Changed $191,991 Zillow
- 2026-05-05 Price Changed $191,991 HARMLS
- 2026-05-01 Price Changed $191,990 Zillow
- 2026-04-30 Price Changed $191,990 HARMLS
- 2026-04-28 Price Changed $198,790 Zillow
- 2026-04-27 Price Changed $198,790 HARMLS
- 2026-04-25 Price Changed $209,140 HARMLS
- 2026-04-24 Price Changed $209,140 Zillow
- 2026-04-17 Price Changed $210,140 Zillow
- 2026-04-16 Price Changed $210,140 HARMLS
- 2026-04-14 Price Changed $213,590 Zillow
- 2026-04-13 Price Changed $213,590 HARMLS
- 2026-04-10 Price Changed $217,740 Zillow
- 2026-04-09 Price Changed $217,740 HARMLS
- 2026-04-07 Price Changed $221,290 HARMLS
- 2026-04-07 Price Changed $205,440 HARMLS
- 2026-04-07 Price Changed $221,290 Zillow
- 2026-04-03 Price Changed $224,840 Zillow
- 2026-04-02 Price Changed $224,840 HARMLS
- 2026-03-31 Price Changed $228,540 HARMLS
- 2026-03-31 Price Changed $228,540 Zillow
- 2026-03-30 Price Changed $232,240 Zillow
- 2026-03-27 Price Changed $232,240 HARMLS
- 2026-03-22 Price Changed $236,040 Zillow
- 2026-03-20 Price Changed $236,040 HARMLS
- 2026-03-18 Listed $240,000 HARMLS
- 2026-03-17 Price Changed $240,000 Zillow
- 2026-03-16 Listed $250,990 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
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