The Oriole II Plan · Needville, TX 77461

$274,990

3 bd · 2.5 ba · 2,061 sqft · SingleFamily · 112 Days on market

Excellent condition

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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).

• Cash flow +9.3/30.0
• ARV discount +7.5/15.0
• Schools +5.5/10.0
• Condition / age +4.8/5.0
• Livability +3.8/5.0
• 1% rule +2.8/10.0
• DSCR +2.6/10.0
• Rent growth +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Experience the best of two-story living with the Oriole II. The first floor features a spacious, open-concept design that connects the family room, kitchen, and dining area seamlessly. A conveniently located half bath is situated across from the staircase. Upstairs, youll find three bedrooms, two full baths, and a loft space. The primary bedroom and bathroom are thoughtfully placed on the opposite side of the loft, offering privacy and direct access to the laundry room. You can replace the loft with a fourth bedroom if you need additional sleeping space.

Key facts

• Open-concept design
• Half bath
• Primary bedroom

Tags

• OPEN-CONCEPT DESIGN
• HALF BATH
• LOFT SPACE
• PRIMARY BEDROOM
• DIRECT ACCESS TO LAUNDRY ROOM

🏗️ New construction. The $274,990 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $281,635.

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $275k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-208 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $251k (8.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $220k (20.0% below list).
• Recommended offer: $220k (20.0% below list) — sets the bar for 1% rule.
• Cap rate 5.4% vs local median 4.3% in Needville — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 75/100 on livability (#137 in TX, #3,992 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Needville ISD (rural): math 55% / reading 55% proficiency, ranked #95 of 826 in TX (top 12%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Needville El (math 58% / reading 53%, grade C, #587 of 4,322 statewide, top 14%, 1,129 students, 49% FRL); Needville Middle (math 56% / reading 56%, grade B-, #234 of 1,662 statewide, top 14%, 819 students, 45% FRL); Needville H S (math 50% / reading 56%, grade C-, #437 of 1,632 statewide, top 27%, 1,067 students, 41% FRL).
• Market conditions: 516 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 12,093 units permitted in Fort Bend County in 2024 (815 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.
• Fort Bend County population projected at +75% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 112 days — a 9% lower offer ($250k) is reasonable based on typical stale-listing flexibility.

Recommended offer $220,000 (20.0% 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 112 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
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. 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?
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: 0.78% ✗
• Cap rate: 5.41%
• Cash-on-cash: -3.17%
• DSCR: 0.86
• GRM: 10.7

CMA / ARV

• ARV (median comp): $281,635
• List price: $274,990
• Delta: -2.36%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5211 Santa Cruz Bay	0.49mi	4/2.5 (+1)	2,083 (+1%)	11mo	$331,990	$159	61
5203 Esperanza Terrace Dr	0.48mi	4/2.5 (+1)	1,979 (-4%)	13mo	$286,990	$145	55
7506 Barcelona Spgs	0.68mi	4/2.5 (+1)	1,979 (-4%)	4mo	$288,990	$146	53
4931 Esperanza Terrace Dr	0.67mi	4/2.5 (+1)	1,979 (-4%)	6mo	$286,990	$145	52
4923 Esperanza Terrace Dr	0.66mi	4/2.5 (+1)	1,954 (-5%)	4mo	$239,990	$123	52
4951 Esperanza Terrace Dr	0.69mi	4/2.5 (+1)	1,979 (-4%)	5mo	$284,990	$144	52
7614 Barcelona Spgs	0.70mi	4/2.5 (+1)	1,954 (-5%)	5mo	$284,990	$146	49
7507 Madrid Mnr	0.75mi	4/2.0 (+1)	1,954 (-5%)	1mo	$241,990	$124	49
5031 Esperanza Terrace Dr	0.68mi	4/2.5 (+1)	1,979 (-4%)	10mo	$288,990	$146	48
5115 Esperanza Terrace Dr	0.68mi	4/2.5 (+1)	1,979 (-4%)	12mo	$286,990	$145	47
7503 Marbella Mtn	0.64mi	4/3.5 (+1)	2,233 (+8%)	3mo	$309,240	$138	44

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

5-year hold

• IRR: -21.6%
• Equity multiple: 0.25×
• Total profit: $-58,872
• Equity at exit: $41,993

10-year hold

• IRR: -15.3%
• Equity multiple: 0.13×
• Total profit: $-68,214
• Equity at exit: $24,351

Cash invested: $78,858 (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.

Methodology + full state rankings →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 21 active · 19 under contract
• Months of supply: 9.0 mo (11%/mo absorbed)
• Median asking: $274,990 ($142/sqft)
• Median days on market: 24 d
• This list price: 48% of active listings are priced below it
• ARV vs active asking: -3.7% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 77461

• Home prices YoY: -22.9%
• Active inventory: 516
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,200 medium
• Mortgage (P&I): −$1,477
• Tax est. 1.5%: −$352 /mo · $4,225/yr
• Insurance: −$117
• HOA: −$0
• Vacancy / Maint / Mgmt: −$462
• Net cashflow: $-208

Break-even live

Break-even rent $2,464

Max offer price $251,491

Occupancy floor —

Sensitivity live

Price	-10% $-14	-5% $-111	+0% $-208	+5% $-306	+10% $-403
Rent	-10% $-382	-5% $-295	+0% $-208	+5% $-121	+10% $-35
Rate	-1.0pp $-66	-0.5pp $-137	base $-208	+0.5pp $-281	+1.0pp $-356

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: $70,409
• Closing costs: $8,449
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4707 Pine Meadow Dr Richmond, TX	3.0	2.0	1594	$2,200	$1.38	98d	1	1.20mi

Property features AI

Finance

• Financial info: List price $264,990

Exterior

• Parking: 2 parking spaces
• Utilities: Has heatingHas cooling
• Home design: New construction planLocated in Needville, TX
• Exterior features: Living area approximately 2,061

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Heating & cooling: Heat pump heatingCentral air conditioning
• Interior features: Plan: The Oriole II

Listing history 50 events

1. 2026-09-24
   days on market $274,990 Active 112 DOM
2. 2026-09-23
   days on market $274,990 Active 111 DOM
3. 2026-09-22
   days on market $274,990 Active 110 DOM
4. 2026-09-21
   days on market $274,990 Active 109 DOM
5. 2026-09-20
   days on market $274,990 Active 108 DOM
6. 2026-09-19
   days on market $274,990 Active 107 DOM
7. 2026-09-18
   days on market $274,990 Active 106 DOM
8. 2026-09-17
   days on market $274,990 Active 105 DOM
9. 2026-09-16
   days on market $274,990 Active 104 DOM
10. 2026-09-15
    days on market $274,990 Active 103 DOM
11. 2026-09-14
    days on market $274,990 Active 102 DOM
12. 2026-09-13
    days on market $274,990 Active 101 DOM
13. 2026-09-12
    days on market $274,990 Active 100 DOM
14. 2026-09-11
    days on market $274,990 Active 99 DOM
15. 2026-09-05
    days on market $274,990 Active 93 DOM
16. 2026-09-04
    days on market $274,990 Active 92 DOM
17. 2026-09-02
    days on market $274,990 Active 90 DOM
18. 2026-08-31
    days on market $274,990 Active 88 DOM
19. 2026-08-29
    days on market $274,990 Active 86 DOM
20. 2026-08-28
    days on market $274,990 Active 85 DOM
21. 2026-08-27
    days on market $274,990 Active 84 DOM
22. 2026-08-26
    days on market $274,990 Active 83 DOM
23. 2026-08-25
    days on market $274,990 Active 82 DOM
24. 2026-08-24
    days on market $274,990 Active 81 DOM
25. 2026-08-23
    days on market $274,990 Active 80 DOM
26. 2026-08-22
    days on market $274,990 Active 79 DOM
27. 2026-08-21
    days on market $274,990 Active 78 DOM
28. 2026-08-20
    days on market $274,990 Active 77 DOM
29. 2026-08-19
    pricedays on market $274,990 Active 76 DOM
30. 2026-08-18
    days on market $264,990 Active 75 DOM
31. 2026-08-17
    days on market $264,990 Active 74 DOM
32. 2026-08-16
    days on market $264,990 Active 73 DOM
33. 2026-08-15
    days on market $264,990 Active 72 DOM
34. 2026-08-14
    days on market $264,990 Active 71 DOM
35. 2026-08-13
    days on market $264,990 Active 70 DOM
36. 2026-08-12
    days on market $264,990 Active 69 DOM
37. 2026-08-11
    days on market $264,990 Active 68 DOM
38. 2026-08-10
    days on market $264,990 Active 67 DOM
39. 2026-08-09
    days on market $264,990 Active 66 DOM
40. 2026-08-08
    days on market $264,990 Active 65 DOM
41. 2026-08-06
    days on market $264,990 Active 63 DOM
42. 2026-08-05
    days on market $264,990 Active 62 DOM
43. 2026-08-04
    days on market $264,990 Active 61 DOM
44. 2026-08-03
    days on market $264,990 Active 60 DOM
45. 2026-07-31
    days on market $264,990 Active 57 DOM
46. 2026-07-30
    days on market $264,990 Active 56 DOM
47. 2026-07-30
    days on market $264,990 Active 55 DOM
48. 2026-07-28
    days on market $264,990 Active 54 DOM
49. 2026-07-26
    days on market $264,990 Active 52 DOM
50. 2026-07-24
    days on market $264,990 Active 50 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $26,400
• − Mortgage interest: −$15,776
• − Property taxes: −$4,225
• − Insurance: −$1,408
• − Repairs & maintenance: −$2,112
• − Management: −$2,112
• − Depreciation: −$8,193
• Taxable loss: −$7,426
• Est. tax savings @ 24.0%: +$1,782
• After-tax cash flow: $-718/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 · 13 photos

Excellent 95/100 None rehab

This home is in excellent condition with no visible repairs needed. It offers a great opportunity for a potential buyer or investor looking for a move-in-ready property.

Value-add opportunities

• Both Painting the exterior — Enhances curb appeal and resale value ↑
• Both Landscaping improvements — Enhances curb appeal and resale value ↑
• Resale New flooring in bathrooms — Improves aesthetics and functionality ↑
• Resale New kitchen appliances — Enhances functionality and appeal ↑

D Composite school gradezoned avg 55/100

Zoned Schools

Elementary Needville El C TX #587/4,322 Nat'l #9,513/41,679 Middle Needville Middle B- TX #234/1,662 Nat'l #2,362/14,009 High Needville H S C- TX #437/1,632 Nat'l #4,893/17,239

Schools (NCES district)

• District: Needville ISD
• NCES district ID: 4832310
• Math proficiency: 55% ▲ 1.00%
• Reading proficiency: 55% ▬ 0.00%
• Median HH income: $62,900
• Composite: 48.17/100
• National rank: #2176
• State rank: #95 of 826 in TX

B Composite livability gradescore 75/100

Livability — Needville

• Score: 75/100
• State rank: #137
• US rank: #3992

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: Fort Bend · 1,004,526 people
• Metro: Houston-Pasadena-The Woodlands, TX
• Population (ZIP): 12,397
• Household income: $89,360
• Rent vs Own: 23.4% rent · 76.6% own
• Severe rent burden: 1% of renters

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Population outlook (Fort Bend County) Hauer SSP2

• Today (2025): 1,004,526 people
• By 2030: 1,153,104 · +14.8%
• By 2040: 1,453,718 · +44.7%
• By 2050: 1,753,781 · +74.6%
• By 2075: 2,455,772 · +144.5%
• By 2100: 2,930,528 · +191.7%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (50%)
• Race & ethnicity: White 50% Hispanic / Latino 45% Two or more races 18% Black 2% Native American 1%
• Hispanic origin (detail): Mexican 42%
• Common ancestry: Lithuanian 2% Slovak 1% Portuguese 1%
• Foreign-born: 15% · Canada, China
• Languages at home: 69% English-only · Spanish 28% German/W. Germanic 2%

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Political lean MEDSL · Fort Bend

• 2024 margin: Toss-up / Even · D 49.5% · R 47.9% · Other 2.6%
• 2008→2024 swing: +4.0pp toward D · 2008: -2.4pp · 2024: 1.6pp
• All cycles: 2024: D+1.6 2020: D+10.6 2016: D+6.6 2012: R+6.8 2008: R+2.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -96.17%
• Current HPI: 324.3807
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Property features AI

Finance

• Financial info: List price $264,990

Exterior

• Parking: 2 parking spaces
• Utilities: Has heatingHas cooling
• Home design: New construction planLocated in Needville, TX
• Exterior features: Living area approximately 2,061

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 full bathrooms and 1 half bathroom
• Heating & cooling: Heat pump heatingCentral air conditioning
• Interior features: Plan: The Oriole II