Plan 1242 Plan · Tomball, TX 77377

$217,995

3 bd · 2.0 ba · 1,242 sqft · SingleFamily · 310 Days on market

Good condition

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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).

• Cash flow +7.6/30.0
• ARV discount +7.5/15.0
• Schools +5.3/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• Rent growth +2.3/5.0
• 1% rule +2.2/10.0
• DSCR +1.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

* Eat-in kitchen * Storage space * Front porch * Open floor plan * Granite kitchen countertops * Dedicated laundry room * 5-panel interior doors * Gas range * Low-E windows * Kitchen USB charging port * Tankless water heater * ENERGY STAR® certified home * Award-winning schools * Splash pool * Playground * Community park * Near local schools * Great shopping nearby

Key facts

• Open floor plan
• Front porch
• Storage space

Tags

• EAT-IN KITCHEN
• STORAGE SPACE
• FRONT PORCH
• OPEN FLOOR PLAN
• DEDICATED LAUNDRY ROOM
• GAS RANGE

🏗️ New construction. The $217,995 list price is a builder figure, so every metric below is computed on the value from comparable previous sales — $261,135.

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $218k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-318 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $215k (1.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $188k (13.7% below list).
• Recommended offer: $188k (13.7% below list) — sets the bar for 1% rule.
• Cap rate 4.8% vs local median 3.0% in Tomball — 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 75/100 on livability (#155 in TX, #4,239 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety B+; Watch: amenities F, commute F.
• Tomball ISD (suburban): math 66% / reading 63% proficiency, ranked #25 of 826 in TX (top 3%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Rosehill El (math 29% / reading 44%, grade F, #1,883 of 4,322 statewide, top 44%, 695 students, 56% FRL); Tomball Int (math 55% / reading 45%, grade C, #347 of 1,662 statewide, top 21%, 988 students, 46% FRL); Tomball H S (math 74% / reading 69%, grade B+, #111 of 1,632 statewide, top 7%, 2,801 students, 34% FRL) — zoned schools average 46% FRL vs 26% district-wide (20 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.7%/yr); 1061 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).
• This rent is only 17% of the median local income ($129k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

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.
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 310 days — a 12% lower offer ($192k) is reasonable based on typical stale-listing flexibility.

Recommended offer $188,234 (13.7% 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 310 days. Have you received any prior offers? Is the seller open to a 14% 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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
6. 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?
7. 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.
8. 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.
9. 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: 0.72% ✗
• Cap rate: 4.83%
• Cash-on-cash: -5.21%
• DSCR: 0.77
• GRM: 11.6

CMA / ARV

• ARV (median comp): $261,135
• List price: $217,995
• Delta: -16.52%
• 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
18331 Sessile Oak Dr	0.28mi	3/2.0	1,234 (-1%)	17mo	$259,995	$211	72
18314 Sessile Oak Dr	0.29mi	3/2.0	1,234 (-1%)	17mo	$249,995	$203	71
18327 Sessile Oak Dr	0.28mi	3/2.0	1,234 (-1%)	19mo	$248,544	$201	70
18323 Banyan Fig Trl	0.33mi	3/2.0	1,234 (-1%)	17mo	$249,995	$203	69
22206 Hawberry Blossom Ln	0.10mi	2/2.0 (-1)	1,092 (-12%)	3mo	$237,400	$217	68
18310 Banyan Fig Trl	0.35mi	3/2.0	1,360 (+10%)	17mo	$269,995	$199	54

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: -28.6%
• Equity multiple: 0.07×
• Total profit: $-68,031
• Equity at exit: $38,936

10-year hold

• IRR: -45.3%
• Equity multiple: -0.46×
• Total profit: $-106,490
• Equity at exit: $22,578

Cash invested: $73,118 (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: 5 active · 2 under contract
• Months of supply: 15.0 mo (7%/mo absorbed)
• Median asking: $250,000 ($183/sqft)
• Median days on market: 51 d
• This list price: 20% of active listings are priced below it
• ARV vs active asking: +14.7% above current asking $/sqft

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

ZIP-level market 77377

• Home prices YoY: -24.5%
• Rents YoY: -0.7%
• Active inventory: 1061
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,882 medium
• Mortgage (P&I): −$1,369
• Tax est. 1.5%: −$326 /mo · $3,917/yr
• Insurance: −$109
• HOA: −$0
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $-318

Break-even live

Break-even rent $2,284

Max offer price $215,178

Occupancy floor —

Sensitivity live

Price	-10% $-137	-5% $-227	+0% $-318	+5% $-408	+10% $-498
Rent	-10% $-466	-5% $-392	+0% $-318	+5% $-243	+10% $-169
Rate	-1.0pp $-186	-0.5pp $-251	base $-318	+0.5pp $-385	+1.0pp $-454

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: $65,284
• Closing costs: $7,834
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
21799 Cypress Rose Hill Rd Tomball, TX	2.0	2.0	984	$1,769	$1.80	120d	1	0.48mi

Listing history 50 events

1. 2026-09-23
   days on market $217,995 Active 310 DOM
2. 2026-09-22
   days on market $217,995 Active 309 DOM
3. 2026-09-21
   days on market $217,995 Active 308 DOM
4. 2026-09-20
   days on market $217,995 Active 307 DOM
5. 2026-09-19
   days on market $217,995 Active 306 DOM
6. 2026-09-18
   days on market $217,995 Active 305 DOM
7. 2026-09-17
   days on market $217,995 Active 304 DOM
8. 2026-09-16
   days on market $217,995 Active 303 DOM
9. 2026-09-15
   days on market $217,995 Active 302 DOM
10. 2026-09-14
    days on market $217,995 Active 301 DOM
11. 2026-09-13
    days on market $217,995 Active 300 DOM
12. 2026-09-12
    days on market $217,995 Active 299 DOM
13. 2026-09-05
    days on market $217,995 Active 292 DOM
14. 2026-09-04
    days on market $217,995 Active 291 DOM
15. 2026-09-03
    days on market $217,995 Active 290 DOM
16. 2026-08-31
    days on market $217,995 Active 287 DOM
17. 2026-08-29
    days on market $217,995 Active 285 DOM
18. 2026-08-28
    days on market $217,995 Active 284 DOM
19. 2026-08-27
    days on market $217,995 Active 283 DOM
20. 2026-08-25
    days on market $217,995 Active 281 DOM
21. 2026-08-24
    days on market $217,995 Active 280 DOM
22. 2026-08-23
    days on market $217,995 Active 279 DOM
23. 2026-08-22
    days on market $217,995 Active 278 DOM
24. 2026-08-21
    days on market $217,995 Active 277 DOM
25. 2026-08-20
    days on market $217,995 Active 276 DOM
26. 2026-08-19
    days on market $217,995 Active 275 DOM
27. 2026-08-18
    days on market $217,995 Active 274 DOM
28. 2026-08-17
    days on market $217,995 Active 273 DOM
29. 2026-08-16
    days on market $217,995 Active 272 DOM
30. 2026-08-15
    days on market $217,995 Active 271 DOM
31. 2026-08-15
    price $217,995 Active 270 DOM
32. 2026-08-14
    days on market $215,995 Active 270 DOM
33. 2026-08-13
    days on market $215,995 Active 269 DOM
34. 2026-08-12
    days on market $215,995 Active 268 DOM
35. 2026-08-11
    days on market $215,995 Active 267 DOM
36. 2026-08-10
    days on market $215,995 Active 266 DOM
37. 2026-08-09
    days on market $215,995 Active 265 DOM
38. 2026-08-08
    days on market $215,995 Active 264 DOM
39. 2026-08-06
    days on market $215,995 Active 262 DOM
40. 2026-08-05
    days on market $215,995 Active 261 DOM
41. 2026-08-04
    days on market $215,995 Active 260 DOM
42. 2026-08-03
    pricedays on market $215,995 Active 259 DOM
43. 2026-07-31
    days on market $213,995 Active 256 DOM
44. 2026-07-30
    days on market $213,995 Active 254 DOM
45. 2026-07-28
    days on market $213,995 Active 253 DOM
46. 2026-07-26
    days on market $213,995 Active 251 DOM
47. 2026-07-24
    days on market $213,995 Active 249 DOM
48. 2026-07-23
    days on market $213,995 Active 248 DOM
49. 2026-07-22
    days on market $213,995 Active 247 DOM
50. 2026-07-21
    days on market $213,995 Active 246 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: $22,588
• − Mortgage interest: −$14,628
• − Property taxes: −$3,917
• − Insurance: −$1,306
• − Repairs & maintenance: −$1,807
• − Management: −$1,807
• − Depreciation: −$7,597
• Taxable loss: −$8,473
• Est. tax savings @ 24.0%: +$2,034
• After-tax cash flow: $-1,778/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 · 6 photos

Good 80/100 None rehab

This home is in excellent condition with no major repairs needed. It offers a good ROI with updates like a kitchen backsplash and landscaping.

Value-add opportunities

• Resale Kitchen backsplash — Enhances curb appeal and functionality ↑
• Both Landscaping — Improves curb appeal and enhances property value ↑
• Resale Paint interior walls — Fresh paint can make a significant difference in appeal ↑

D Composite school gradezoned avg 53/100

Zoned Schools

Elementary Rosehill El F TX #1,883/4,322 Nat'l #22,441/41,679 Middle Tomball Int C TX #347/1,662 Nat'l #3,460/14,009 High Tomball H S B+ TX #111/1,632 Nat'l #2,009/17,239

Schools (NCES district)

• District: Tomball ISD
• NCES district ID: 4842960
• Math proficiency: 66% ▼ -6.00%
• Reading proficiency: 63% ▼ -4.00%
• Median HH income: $86,552
• Composite: 58.32/100
• National rank: #1014
• State rank: #25 of 826 in TX

B Composite livability gradescore 75/100

Livability — Tomball

• Score: 75/100
• State rank: #155
• US rank: #4239

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Harris County · 5,571,493 people
• City population: 113,991
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 41,680
• Household income: $129,327
• Rent vs Own: 15.7% rent · 84.3% own
• Severe rent burden: 5% of renters

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Population outlook (Harris County) Hauer SSP2

• Today (2025): 5,571,493 people
• By 2030: 6,089,821 · +9.3%
• By 2040: 7,142,806 · +28.2%
• By 2050: 8,185,864 · +46.9%
• By 2075: 10,574,329 · +89.8%
• By 2100: 12,109,958 · +117.4%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 63% Hispanic / Latino 20% Two or more races 12% Asian 9% Black 5%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Portuguese 4% Lithuanian 3% Romanian 3%
• Foreign-born: 15% · Canada, China, Vietnam
• Languages at home: 74% English-only · Spanish 15% Other Indo-European 3% Chinese 2%

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Political lean MEDSL · Harris

• 2024 margin: Lean D (+5.5) · D 52.0% · R 46.4% · Other 1.6%
• 2008→2024 swing: +3.9pp toward D · 2008: 1.6pp · 2024: 5.5pp
• All cycles: 2024: D+5.5 2020: D+13.3 2016: D+12.4 2012: D+0.1 2008: D+1.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -76.14%
• Current HPI: 235.031
• Rent YoY: ▼ -0.69%
• Metro: Houston-The Woodlands-Sugar Land, TX
• 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

Price history

+4.8% since first listed

10 events — show timeline

• 2026-05-16 Price Changed $218,995 Zillow
• 2026-05-10 Price Changed $216,995 Zillow
• 2026-05-09 Price Changed $222,995 Zillow
• 2026-05-02 Price Changed $214,995 Zillow
• 2026-04-11 Price Changed $212,995 Zillow
• 2026-03-24 Price Changed $210,995 Zillow
• 2026-03-07 Price Changed $208,995 Zillow
• 2025-12-16 Price Changed $207,995 Zillow
• 2025-11-18 Price Changed $212,995 Zillow
• 2025-11-17 Listed $208,995 Zillow