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11919 Detar Ct
C- Composite 50.01
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 +19.3/30.0
  • DSCR +6.1/10.0
  • 1% rule +5.4/10.0
  • Condition / age +4.8/5.0
  • ARV discount +4.5/15.0
  • Schools +3.2/10.0
  • Livability +3.1/5.0
  • Rent growth +2.7/5.0
  • Appreciation +0.9/10.0

$169,990

11919 Detar Ct · Willis, TX 77378
3 bd · 2.0 ba · 1,023 sqft · SingleFamily · 133 Days on market
Built 2026 Excellent condition $166/sqft · 7% above area Est $159k · 7% over $42/mo HOA · 2% of rent ↓ 3% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

REMARKABLE NEW D.R. HORTON BUILT 1 STORY IN WILLIAM TRAILS! Lovely Elevation with Covered Front Porch! Smart Home Features! Large Living Area is Open to Fantastic Kitchen with Granite Counters and Stainless Appliances! Privately Located Primary Suite Features Lovely Bathroom & Walk-In Closet! Generously Sized Secondary Bedrooms! Convenient Utility Room! Great Community! Zoned to Willis ISD! Estimated Completion Spring 2026!

Key facts

  • Built 2026
  • Listed 133 days

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 $170k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $185 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $170k).
  • Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.6% 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-, schools D+, employment D+.
  • 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.
  • Market conditions: Rents flat; 710 active listings in the ZIP; 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 $1k of loan paydown is wiped out by about $5k 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 133 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
Recommended offer $149,591 (12.0% below list)

Questions for the listing agent

  1. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% 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
1.04%
Cap rate
7.60%
Cash-on-cash
4.67%
DSCR
1.21
GRM
8.0

CMA / ARV

ARV (median comp)
$159,490
List price
$169,990
Delta
6.58%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
11943 Detar Ct 0.00mi 3/2.0 1,023 (0%) 0mo $159,990 $156 100
11923 Detar Ct 0.00mi 3/2.0 1,023 (0%) 0mo $164,990 $161 100
11926 Detar Ct 0.00mi 3/2.0 1,023 (0%) 2mo $174,990 $171 99
11951 Detar Ct 0.00mi 3/2.0 1,023 (0%) 2mo $174,990 $171 98
14526 William Trails Dr 0.02mi 3/2.0 1,023 (0%) 5mo $167,990 $164 95
14542 William Trails Dr 0.04mi 3/2.0 1,023 (0%) 6mo $170,990 $167 93
14562 William Trails Dr 0.08mi 3/2.0 1,023 (0%) 6mo $168,990 $165 91
14566 William Trails Dr 0.08mi 3/2.0 1,023 (0%) 8mo $169,990 $166 89
14606 William Trails Dr 0.15mi 3/2.0 1,023 (0%) 7mo $167,990 $164 87
12098 William Trails Cir 0.25mi 3/2.0 1,023 (0%) 3mo $176,004 $172 86
12019 William Trails Cir 0.22mi 3/2.0 1,002 (-2%) 5mo $170,000 $170 82
12015 William Trails Cir 0.23mi 3/2.0 1,023 (0%) 9mo $164,990 $161 82

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 · 0.98% rent growth · sell at horizon

5-year hold
IRR
-11.4%
Equity multiple
0.60×
Total profit
$-19,237
Equity at exit
$25,346
10-year hold
IRR
-5.4%
Equity multiple
0.68×
Total profit
$-15,286
Equity at exit
$14,698

Cash invested: $47,597 (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 77378

Home prices YoY
-3.0%
Rents YoY
1.0%
Active inventory
710
Price-to-rent
8.0×

Monthly cashflow live

Estimated rent
$1,775 medium interval (Pro) →
Mortgage (P&I)
$891
Tax est. 1.5%
$212 /mo · $2,550/yr
Insurance
$71
HOA
$42
Vacancy / Maint / Mgmt
$373
Net cashflow
$185

Break-even live

Break-even rent $1,540
Max offer price $169,990
Occupancy floor 85%

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
$42,498
Closing costs
$5,100
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.

HOA detail

Monthly dues
$42 · $504/yr

Listing history 15 events

  1. 2026-06-18
    days on market $169,990 Active 133 DOM
  2. 2026-06-17
    days on market $169,990 Active 132 DOM
  3. 2026-06-16
    days on market $169,990 Active 131 DOM
  4. 2026-06-15
    days on market $169,990 Active 130 DOM
  5. 2026-06-13
    days on market $169,990 Active 128 DOM
  6. 2026-06-09
    days on market $169,990 Active 124 DOM
  7. 2026-06-08
    days on market $169,990 Active 123 DOM
  8. 2026-06-07
    days on market $169,990 Active 122 DOM
  9. 2026-06-04
    days on market $169,990 Active 119 DOM
  10. 2026-06-03
    days on market $169,990 Active 118 DOM
  11. 2026-06-02
    days on market $169,990 Active 117 DOM
  12. 2026-06-01
    days on market $169,990 Active 116 DOM
  13. 2026-05-31
    days on market $169,990 Active 115 DOM
  14. 2026-04-21
    price $169,990 434-char remark
    Show marketing remark (434 chars)

    REMARKABLE NEW D.R. HORTON BUILT 1 STORY IN WILLIAM TRAILS! Lovely Elevation with Covered Front Porch! Smart Home Features! Large Living Area is Open to Fantastic Kitchen with Granite Counters and Stainless Appliances! Privately Located Primary Suite Features Lovely Bathroom & Walk-In Closet! Generously Sized Secondary Bedrooms! Convenient Utility Room! Great Community! Zoned to Willis ISD! Estimated Completion Spring 2026!

  15. 2026-02-05
    listed $174,990 Active 434-char remark
    Show marketing remark (434 chars)

    REMARKABLE NEW D.R. HORTON BUILT 1 STORY IN WILLIAM TRAILS! Lovely Elevation with Covered Front Porch! Smart Home Features! Large Living Area is Open to Fantastic Kitchen with Granite Counters and Stainless Appliances! Privately Located Primary Suite Features Lovely Bathroom & Walk-In Closet! Generously Sized Secondary Bedrooms! Convenient Utility Room! Great Community! Zoned to Willis ISD! Estimated Completion Spring 2026!

ⓘ 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
$21,295
− Mortgage interest
−$9,522
− Property taxes
−$2,550
− Insurance
−$850
− Repairs & maintenance
−$1,704
− Management
−$1,704
− HOA
−$504
− Depreciation
−$4,945
Taxable loss
−$483
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$116
After-tax cash flow
$2,338/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 · 9 photos

Excellent 95/100 None rehab

This home is move-in ready with excellent condition and a great location in William Trails. It offers a modern and well-maintained interior with a fresh exterior and landscaping.

Value-add opportunities

  • Both Painting exterior siding — Enhances curb appeal and value
  • Both Landscaping front yard — Improves curb appeal and rental value
  • Both Install smart home features — Enhances home's marketability and value

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting exterior siding — Enhances curb appeal and value
  • Both Landscaping front yard — Improves curb appeal and rental value
  • Both Install smart home features — Enhances home's marketability and value

ⓘ 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
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
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
17,629
Household income
$71,143
Rent vs Own
25.5% rent · 74.5% own
Severe rent burden
402.0

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 0.55)
Race & ethnicity
White 58% Hispanic / Latino 32% Two or more races 14% Black 7% Native American 1%
Hispanic origin (detail)
Mexican 27%
Common ancestry
Romanian 2% Slovak 2% Serbian 1%
Foreign-born
12% · Canada
Languages at home
80% English-only · Spanish 19%

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
▼ -8.25%
Current HPI
261.9673
Rent YoY
▲ 0.98%
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

-2.9% since first listed
2 events — show timeline
  • 2026-04-21 Price Changed $169,990 HARMLS
  • 2026-02-05 Listed $174,990 HARMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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