DSCR Snapshot

22815 Red Leo Ln Spring, TX 77389

This is an estimate, not a loan approval.

Single-family home · 4 bd · 3 ba · 1,980 sq ft · built 2004 Address matched on the U.S. Census Bureau’s map Oct 9, 2026.

This report is from Oct 9, 2026. Since then, the asking price, whether it’s still for sale, and rents nearby may have changed.

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At a glance

Your numbers: $165,000 price · 25% down · $2,230 a month rent · 7.24% rate · 8% vacancy · $10,000 renovation in cash Change the numbers

Rent coverage ()

1.37

1.25 or more gets lenders’ best pricing

Monthly cash flow

$224

$2,688 a year

$56,200

25% down, closing costs and renovation

4.78%

A year, on the cash you bring

Trade-offs: the return on your cash is low. With your other settings, a price from $101,000 to $163,000 works on all three. See your maximum offer

Three scores, out of 100

Weak

Deal attractiveness

38/100

Your would be 4.8%. Under 5% is a weak return. Safer investments like bonds can pay about that, and it may not beat inflation.

Good terms likely

Loan health

85/100

Most lenders would likely make this loan, on good terms.

Why this score

How good the loan terms would likely be, and how many lenders would make this loan:

Rent coverage
1.37× strong
Credit score
720 strong
Down payment The loan is 75% of your price.
25% strong
Lenders likely to say yes
most

Easier

Negotiation difficulty

3/100

Your price matches the asking price. A seller would likely agree to it.

At your price, the rent already covers the payment 1.2 times.

Why this score

This seller may come down about 6%: priced over the estimated home value, the seller sounds open to offers. Working against you: the price went up last time.

How the seller describes it: the seller sounds motivated, it’s sold as-is or needs work, it’s pitched to investors.

Data quality: Fair Before you rely on these numbers

Our take

At the starting numbers, this home is a possible fit for a DSCR loan, with trade-offs. The return on your cash is low. This home is offered as-is or needs work. The rent covers the monthly payment 1.37 times (DSCR 1.37), and you would have $224 a month left over after vacancy and reserves.

With the other settings as they are, a price from $101,000 to $163,000 works on all three scores. Getting a price in that range would be possible with a motivated seller. The home is in a municipal utility district (MUD): ENCANTO REAL UD adds 0.74% to the tax rate, and the county labels it a developing district whose rate can change. Get a real landlord insurance quote and a lender term sheet to firm up these estimates before making an offer.

Our standard verdict, from the report’s starting numbers.

The listing says ‘as-is’ and ‘investor special’. This home may need more work than a DSCR loan allows. See it as a rehab.

Get your maximum offer and the path that fits, in about a minute.

Your assumptions

The line: Works on all threeTrade-offsDeal-breaker Your setting Lender lines Shaded: a range named on the chart
$165,000

Starts at the asking price. Now 1% over the estimated home value.

  • At this price the rent covers the payment 1.2 times or more.
Rent coverage (DSCR) at each price
1.00×1.25×1.50×1.75×2.00×$100,000$150,000$200,0001.25 best rates1.20 most lenders want1.00 rent just covers itAsking: $165,000Price for DSCR 1.2: $208,557

At this rent, a price of about $208,557 gets the rent to cover the payment 1.2 times. Taxes would stay at the county’s value, which is higher.

Show as a table
PriceDSCRPayment/moCash flow/moFit
$66,0001.97$1,127$720Deal-breaker (loan health, negotiation difficulty)
$70,6561.94$1,147$699Deal-breaker (loan health, negotiation difficulty)
$75,3131.90$1,172$675Deal-breaker (loan health, negotiation difficulty)
$79,9691.86$1,196$650Deal-breaker (loan health, negotiation difficulty)
$84,6251.82$1,220$626Deal-breaker (loan health)
$89,2811.79$1,245$602Deal-breaker (loan health)
$93,9381.75$1,269$578Deal-breaker (loan health)
$98,5941.72$1,293$553Deal-breaker (loan health)
$103,2501.69$1,312$534Works on all three
$107,9061.66$1,336$510Works on all three
$112,5631.63$1,360$486Works on all three
$117,2191.61$1,384$462Works on all three
$121,8751.58$1,408$438Works on all three
$126,5311.55$1,432$414Works on all three
$131,1881.53$1,456$390Works on all three
$135,8441.51$1,473$373Works on all three
$140,5001.48$1,497$349Works on all three
$145,1561.46$1,521$325Works on all three
$149,8131.44$1,545$302Works on all three
$154,4691.42$1,569$278Works on all three
$159,1251.40$1,592$254Works on all three
$163,7811.37$1,616$230Trade-offs (deal attractiveness)
$168,4381.36$1,631$215Trade-offs (deal attractiveness)
$173,0941.34$1,655$191Trade-offs (deal attractiveness)
$177,7501.32$1,679$168Trade-offs (deal attractiveness)
$182,4061.31$1,702$144Trade-offs (deal attractiveness)
$187,0631.29$1,726$121Trade-offs (deal attractiveness)
$191,7191.27$1,749$97Trade-offs (deal attractiveness)
$196,3751.25$1,773$74Trade-offs (deal attractiveness)
$201,0311.23$1,799$48Trade-offs (deal attractiveness)
$205,6881.22$1,823$24Trade-offs (deal attractiveness)
$210,3441.20$1,846$0Trade-offs (deal attractiveness)
$215,0001.18$1,875−$28Deal-breaker (deal attractiveness)
25%

That’s $41,250 at this price.

  • At 30% down the loan moves to a lower rate tier, about 0.125% less.
  • Each extra 5% down adds about $8,300 to the cash you bring and $66 a month to cash flow.
Cash to close
$0$25,000$50,000$75,000$100,00020%30%40%50%
Show as a table
Down paymentCash to closeCash flow/moDSCRFit
15%$39,700$971.27Deal-breaker (loan health)
16%$41,350$1091.28Deal-breaker (loan health)
17%$43,000$1201.29Deal-breaker (loan health)
18%$44,650$1321.30Deal-breaker (loan health)
19%$46,300$1431.30Deal-breaker (loan health)
20%$47,950$1541.31Trade-offs (deal attractiveness)
21%$49,600$1661.32Trade-offs (deal attractiveness)
22%$51,250$1771.33Trade-offs (deal attractiveness)
23%$52,900$1891.34Trade-offs (deal attractiveness)
24%$54,550$2001.35Trade-offs (deal attractiveness)
25%$56,200$2241.37Trade-offs (deal attractiveness)
26%$57,850$2351.38Trade-offs (deal attractiveness)
27%$59,500$2471.39Works on all three
28%$61,150$2581.40Works on all three
29%$62,800$2691.41Works on all three
30%$64,450$2901.43Works on all three
31%$66,100$3011.44Works on all three
32%$67,750$3121.45Works on all three
33%$69,400$3231.46Works on all three
34%$71,050$3341.47Works on all three
35%$72,700$3551.49Works on all three
36%$74,350$3661.50Works on all three
37%$76,000$3771.51Works on all three
38%$77,650$3871.52Works on all three
39%$79,300$3981.54Works on all three
40%$80,950$4031.54Works on all three
41%$82,600$4141.55Works on all three
42%$84,250$4251.56Works on all three
43%$85,900$4361.58Works on all three
44%$87,550$4471.59Works on all three
45%$89,200$4581.60Works on all three
46%$90,850$4691.61Works on all three
47%$92,500$4801.63Works on all three
48%$94,150$4911.64Works on all three
49%$95,800$5021.65Works on all three
50%$97,450$5141.67Works on all three
Monthly cash flow
$0$200$400$60020%30%40%50%$0 cash flow
Show as a table
Down paymentCash to closeCash flow/moDSCRFit
15%$39,700$971.27Deal-breaker (loan health)
16%$41,350$1091.28Deal-breaker (loan health)
17%$43,000$1201.29Deal-breaker (loan health)
18%$44,650$1321.30Deal-breaker (loan health)
19%$46,300$1431.30Deal-breaker (loan health)
20%$47,950$1541.31Trade-offs (deal attractiveness)
21%$49,600$1661.32Trade-offs (deal attractiveness)
22%$51,250$1771.33Trade-offs (deal attractiveness)
23%$52,900$1891.34Trade-offs (deal attractiveness)
24%$54,550$2001.35Trade-offs (deal attractiveness)
25%$56,200$2241.37Trade-offs (deal attractiveness)
26%$57,850$2351.38Trade-offs (deal attractiveness)
27%$59,500$2471.39Works on all three
28%$61,150$2581.40Works on all three
29%$62,800$2691.41Works on all three
30%$64,450$2901.43Works on all three
31%$66,100$3011.44Works on all three
32%$67,750$3121.45Works on all three
33%$69,400$3231.46Works on all three
34%$71,050$3341.47Works on all three
35%$72,700$3551.49Works on all three
36%$74,350$3661.50Works on all three
37%$76,000$3771.51Works on all three
38%$77,650$3871.52Works on all three
39%$79,300$3981.54Works on all three
40%$80,950$4031.54Works on all three
41%$82,600$4141.55Works on all three
42%$84,250$4251.56Works on all three
43%$85,900$4361.58Works on all three
44%$87,550$4471.59Works on all three
45%$89,200$4581.60Works on all three
46%$90,850$4691.61Works on all three
47%$92,500$4801.63Works on all three
48%$94,150$4911.64Works on all three
49%$95,800$5021.65Works on all three
50%$97,450$5141.67Works on all three
720
  • At 740, the estimated rate drops about 0.05%.
Estimated rate by credit score
7.00%7.20%7.40%7.60%7.80%650700750800
Show as a table
Credit scoreEstimated rateLoan payment/moDSCRFit
6207.64%$8771.34Deal-breaker (loan health)
6307.64%$8771.34Deal-breaker (loan health)
6407.64%$8771.34Deal-breaker (loan health)
6507.64%$8771.34Deal-breaker (loan health)
6607.64%$8771.34Trade-offs (deal attractiveness)
6707.64%$8771.34Trade-offs (deal attractiveness)
6807.39%$8561.36Trade-offs (deal attractiveness)
6907.39%$8561.36Trade-offs (deal attractiveness)
7007.29%$8481.37Trade-offs (deal attractiveness)
7107.29%$8481.37Trade-offs (deal attractiveness)
7207.24%$8431.37Trade-offs (deal attractiveness)
7307.24%$8431.37Trade-offs (deal attractiveness)
7407.19%$8391.37Trade-offs (deal attractiveness)
7507.19%$8391.37Trade-offs (deal attractiveness)
7607.14%$8351.38Works on all three
7707.14%$8351.38Works on all three
7807.14%$8351.38Works on all three
7907.14%$8351.38Works on all three
8007.14%$8351.38Works on all three
8107.14%$8351.38Works on all three
8207.14%$8351.38Works on all three
7.24%

Our estimate: 7.240%.

  • Above about 13.843%, the rent stops covering the payment.
Monthly cash flow at each rate
−$250$0$250$5006.00%8.00%10.00%12.00%$0 cash flow
Show as a table
RateLoan payment/moDSCRCash flow/moFit
5.00%$6641.54$403Works on all three
5.25%$6831.52$384Works on all three
5.50%$7031.50$365Works on all three
5.75%$7221.48$345Works on all three
6.00%$7421.46$325Works on all three
6.25%$7621.44$305Works on all three
6.50%$7821.42$285Works on all three
6.75%$8031.40$265Works on all three
7.00%$8231.39$244Works on all three
7.25%$8441.37$223Trade-offs (deal attractiveness)
7.50%$8651.35$202Trade-offs (deal attractiveness)
7.75%$8871.33$181Trade-offs (deal attractiveness)
8.00%$9081.32$159Trade-offs (deal attractiveness)
8.25%$9301.30$138Trade-offs (deal attractiveness)
8.50%$9521.28$116Trade-offs (deal attractiveness)
8.75%$9741.27$94Trade-offs (deal attractiveness)
9.00%$9961.25$72Trade-offs (deal attractiveness)
9.25%$1,0181.24$49Trade-offs (deal attractiveness)
9.50%$1,0411.22$27Trade-offs (deal attractiveness)
9.75%$1,0631.21$4Trade-offs (deal attractiveness)
10.00%$1,0861.19−$19Deal-breaker (deal attractiveness)
10.25%$1,1091.18−$42Deal-breaker (deal attractiveness)
10.50%$1,1321.16−$65Deal-breaker (deal attractiveness)
10.75%$1,1551.15−$88Deal-breaker (deal attractiveness)
11.00%$1,1791.13−$111Deal-breaker (deal attractiveness)
11.25%$1,2021.12−$135Deal-breaker (deal attractiveness)
11.50%$1,2251.11−$158Deal-breaker (deal attractiveness)
11.75%$1,2491.09−$182Deal-breaker (deal attractiveness)
12.00%$1,2731.08−$206Deal-breaker (deal attractiveness)
$2,230

Starts at RentCast’s estimate from nearby rentals.

  • Inside the likely range of $1,960 to $2,510.
  • At this rent the rent covers the payment 1.2 times or more.
Monthly cash flow at each rent
Likely range (85%)−$500$0$500$1,000$2,000$2,500$0 cash flowRent for DSCR 1.2: $1,947

At this price, a rent of about $1,947 would reach DSCR 1.2.

Show as a table
RentDSCRCash flow/moCash-on-cashFit
$1,5500.91−$414−8.83%Deal-breaker (deal attractiveness)
$1,5920.93−$379−8.09%Deal-breaker (deal attractiveness)
$1,6340.96−$344−7.34%Deal-breaker (deal attractiveness)
$1,6771.01−$266−5.68%Deal-breaker (deal attractiveness)
$1,7191.03−$231−4.93%Deal-breaker (deal attractiveness)
$1,7611.06−$196−4.19%Deal-breaker (deal attractiveness)
$1,8031.10−$140−2.99%Deal-breaker (deal attractiveness)
$1,8451.13−$105−2.24%Deal-breaker (deal attractiveness)
$1,8881.15−$70−1.5%Deal-breaker (deal attractiveness)
$1,9301.18−$35−0.75%Deal-breaker (deal attractiveness)
$1,9721.20−$00%Deal-breaker (deal attractiveness)
$2,0141.23$350.74%Trade-offs (deal attractiveness)
$2,0561.26$801.71%Trade-offs (deal attractiveness)
$2,0981.29$1152.46%Trade-offs (deal attractiveness)
$2,1411.31$1503.2%Trade-offs (deal attractiveness)
$2,1831.34$1853.95%Trade-offs (deal attractiveness)
$2,2251.37$2204.7%Trade-offs (deal attractiveness)
$2,2671.39$2555.44%Works on all three
$2,3091.42$2906.19%Works on all three
$2,3521.44$3256.93%Works on all three
$2,3941.47$3607.68%Works on all three
$2,4361.50$3958.42%Works on all three
$2,4781.52$4299.17%Works on all three
$2,5201.55$4649.92%Works on all three
$2,5631.57$49910.66%Works on all three
$2,6051.60$53411.41%Works on all three
$2,6471.63$56912.15%Works on all three
$2,6891.65$60412.9%Works on all three
$2,7311.68$63913.65%Works on all three
$2,7731.70$67414.39%Works on all three
$2,8161.73$70915.14%Works on all three
$2,8581.76$74415.88%Works on all three
$2,9001.78$77916.63%Works on all three
8%
  • That’s about 1 month empty a year, or $2,100 of rent you don’t collect.
Monthly cash flow at each vacancy rate
−$200$0$200$4000%5%10%15%20%25%$0 cash flow

Each point of vacancy is about $268 a year of rent you don’t collect.

Show as a table
VacancyRent collected/moCash flow/moFit
0%$2,230$385Works on all three
1%$2,208$365Works on all three
2%$2,185$344Works on all three
3%$2,163$324Works on all three
4%$2,141$304Works on all three
5%$2,119$284Works on all three
6%$2,096$264Works on all three
7%$2,074$244Works on all three
8%$2,052$224Trade-offs (deal attractiveness)
9%$2,029$204Trade-offs (deal attractiveness)
10%$2,007$184Trade-offs (deal attractiveness)
11%$1,985$164Trade-offs (deal attractiveness)
12%$1,962$144Trade-offs (deal attractiveness)
13%$1,940$124Trade-offs (deal attractiveness)
14%$1,918$104Trade-offs (deal attractiveness)
15%$1,896$84Trade-offs (deal attractiveness)
16%$1,873$63Trade-offs (deal attractiveness)
17%$1,851$43Trade-offs (deal attractiveness)
18%$1,829$23Trade-offs (deal attractiveness)
19%$1,806$3Trade-offs (deal attractiveness)
20%$1,784−$17Deal-breaker (deal attractiveness)
21%$1,762−$37Deal-breaker (deal attractiveness)
22%$1,739−$57Deal-breaker (deal attractiveness)
23%$1,717−$77Deal-breaker (deal attractiveness)
24%$1,695−$97Deal-breaker (deal attractiveness)
25%$1,673−$117Deal-breaker (deal attractiveness)
More assumptions: management, set-asides and renovation
0%

That’s about $0 a month.

  • You’d manage it yourself. A manager would cost about $164 to $246 a month here.
5%

That’s about $103 a month.

5%

That’s about $103 a month.

Where each month’s rent goes
$1,622rent $2,230$0
  • Set aside: empty months, repairs
  • Loan payment, taxes, insurance and HOA
  • Cash flow

What’s left after empty months, set-asides and the payment is your cash flow: $224 a month.

Show as a table
LinePer monthShare of rent
Empty months (vacancy)$1788%
Repairs and big replacements$2059%
Loan payment, taxes, insurance and HOA$1,62273%
Cash flow$22410%
$10,000
How you’ll pay for it

It’s part of your cash to close.

  • That adds $10,000 to your cash to close, so your cash-on-cash return is 4.78% instead of 5.82%.
Cash-on-cash return at each renovation budget
0%2%4%6%$0$20,000$40,000$60,000$80,000$100,0005% return0% return

Paid from your cash, so a bigger budget means more cash to close for the same rent, and a lower return.

Show as a table
RenovationCash to closeCash flow/moCash-on-cashDSCRFit
$0$46,200$2245.82%1.37Works on all three
$5,000$51,200$2245.25%1.37Works on all three
$10,000$56,200$2244.78%1.37Trade-offs (deal attractiveness)
$15,000$61,200$2244.39%1.37Trade-offs (deal attractiveness)
$20,000$66,200$2244.06%1.37Trade-offs (deal attractiveness)
$25,000$71,200$2243.78%1.37Trade-offs (deal attractiveness)
$30,000$76,200$2243.53%1.37Trade-offs (deal attractiveness)
$35,000$81,200$2243.31%1.37Trade-offs (deal attractiveness)
$40,000$86,200$2243.12%1.37Trade-offs (deal attractiveness)
$45,000$91,200$2242.95%1.37Trade-offs (deal attractiveness)
$50,000$96,200$2242.79%1.37Trade-offs (deal attractiveness)
$55,000$101,200$2242.66%1.37Trade-offs (deal attractiveness)
$60,000$106,200$2242.53%1.37Trade-offs (deal attractiveness)
$65,000$111,200$2242.42%1.37Trade-offs (deal attractiveness)
$70,000$116,200$2242.31%1.37Trade-offs (deal attractiveness)
$75,000$121,200$2242.22%1.37Trade-offs (deal attractiveness)
$80,000$126,200$2242.13%1.37Trade-offs (deal attractiveness)
$85,000$131,200$2242.05%1.37Trade-offs (deal attractiveness)
$90,000$136,200$2241.97%1.37Trade-offs (deal attractiveness)
$95,000$141,200$2241.9%1.37Trade-offs (deal attractiveness)
$100,000$146,200$2241.84%1.37Trade-offs (deal attractiveness)

Does the rent cover the loan?

At the asking price of $165,000 with 25% down, the rent of $2,230 a month covers the monthly payment 1.37 times. That’s at or above 1.25, where lenders offer their best pricing.

Monthly payment () at these numbers
What it pays forWhere the number comes fromPer month
Loan payment$123,750 loan at 7.240% over 30 years, at our estimated rate.$843
Property taxesYour tax rate as an investor on $212,785, with no exemptions. See the tax details below.$474
InsuranceOur middle estimate. See the insurance details below.$284
HOA duesFrom the home’s details.$21
Total (PITIA)$1,622
How the estimated rate is built

DSCR lenders price a loan from a starting rate plus add-ons. These come from published lender pricing as of Oct 8, 2026. A real lender’s quote will differ.

Starting rate6.690%
Credit score 720–739+0.100%
Loan of 75% of the price or less+0.250%
Loan size $100k–$125k+0.200%
Rent coverage 1.25++0.000%
Estimated rate7.240%
Where these rates come from

Starting rate and DSCR/LTV add-ons from a 12-lender DSCR panel sheet (dscrcapitalpartners.com, week of 2026-09-21); credit-score and loan-size add-ons from OfferMarket’s published DSCR pricing (offermarket.us); cross-checked against OfferMarket’s DSCR rate index and DSCR Authority’s rate tables (2026-10-01). Read 2026-10-08.

What it would take to reach 1.2

It’s already there at this price and rent.

Show me the math
Loan
price × (1 − down payment) = $165,000 × (1 − 25%) = $123,750, a of 75%
Loan payment (principal and interest)
$123,750 at 7.240%, paid off evenly over 30 years = $843 a month
Full monthly payment (PITIA)
$843 + taxes $474 + insurance $284 + HOA $21 = $1,622
DSCR
rent ÷ payment = $2,230 ÷ $1,622 = 1.37 (the full rent, nothing off for empty months, as lenders count it)
Rent you actually collect
rent × (1 − vacancy) = $2,230 × (1 − 8%) = $2,052
Set aside each month
$2,052 × (0% management + 5% repairs + 5% big replacements) = $205
Monthly cash flow
$2,052 − $205 − $1,622 = $224
Cash to close
down payment $41,250 + closing costs 3% ($4,950) + renovation $10,000 = $56,200
Cash-on-cash return
12 × $224 ÷ $56,200 = 4.78% a year

Local details behind the numbers

Your property taxes as an investor

About $5,686 a year ($474 a month) on a taxable value of $212,785 (the county’s market value, which is higher than the asking price of $165,000)

2.67% a year ($2.6721 per $100, 2026 rates, with some districts still on last year’s rate)

See the tax details

Texas writes tax rates of value. This is what you’d pay as a landlord once the county reassesses the home: your price or the county’s market value, whichever is higher, times every tax rate on this home. There are no exemptions, because they don’t transfer to an investor. Lenders figure taxes the same way.

The seller’s bill vs. yours

Last year’s value ($245,815) times this home’s rates comes to about $6,452, before any exemptions, so their real bill is lower. You’d pay about $5,686, which is $767 less.

Every local government that taxes this home
Taxing districtKindRate per $100Per year
KLEIN ISDSchool district1.0119 (2026)$2,153
HARRIS COUNTYCounty0.4175 (2026)$888
HARRIS CO FLOOD CNTRLFlood control0.0527 (2026)$112
PORT OF HOUSTON AUTHYPort authority0.0060 (2026)$13
HARRIS CO HOSP DISTHospital district0.1953 (2026)$416
HARRIS CO EDUC DEPTCounty education department0.0048 (2025)$10
LONE STAR COLLEGE SYSCommunity college0.1058 (2026)$225
ENCANTO REAL UDUtility district (MUD)0.7400 (2025)$1,575
HC EMERG SRV DIST 7Emergency services district0.1000 (2026)$213
HC EMERG SERV DIST 11Emergency services district0.0381 (2025)$81
Total2.6721$5,686

Each line is a separate local government with its own rate. Rates are set every fall, and each line shows its latest adopted rate. Your payment depends only on the total.

: This home is in a MUD that taxes it at $0.7400 per $100, about $131 a month of the total. The MUD sold bonds to build the neighborhood’s water, sewer and drainage, and homeowners repay them through this tax. The rate usually falls as the bonds are paid off, but it can stay high for years in a new neighborhood. The county lists it as a developing district, so its rate can rise as it sells more bonds. Ask the seller for the MUD notice they signed when they bought.

Words to know: · · · · ·

Harris County appraisal district account 1248520070001 (22815 RED LEO, SPRING, 77389), from Harris County’s Truth-in-Taxation record, read Oct 9, 2026. Exemptions on record: none. This is our estimate. Check it against the seller’s tax statement.

What it could rent for

About $2,230/month likely $1,960 to $2,510

Fair A good starting point. Check it against a recent lease nearby. Why: the likely range is wide.

See what this rent is based on

These are : RentCast’s estimate for a long-term lease, built from 15 similar rentals nearby. The range is where the rent should land 85% of the time. Rents in Greater Houston have been flat, so plan around the middle or lower part of the range until a real lease says otherwise.

$1,500$1,750$2,000$2,250$2,500$2,750$2,230
Each dot is a nearby rental that RentCast compared with this home. Point at a dot for details, or see the table below. The shaded band is where the rent should land 85% of the time.

The rentals it compared

15 homes, usually 0.8 miles away, renting for $1,745 to $2,700 (the middle one: $2,250). 2 of them were on the market in the last 90 days.

They rent for about $1.03 per square foot. At this home’s size, that’s about $2,045/month.

How long nearby rentals took to lease

About 42 days (the middle of the rentals that left the market). 1 of the 15 is still listed.

Every week a rental sits empty is a week without rent. The report’s vacancy setting (8% of the year) covers time like this between tenants. We left out 1 listing that has been up for months, which is usually an apartment complex’s standing ad.

Rent compared with the price

The rent is 1.35% of the price each month, so the price is about 6.2 years of rent.

A quick check some investors use is the “1% rule”: monthly rent of at least 1% of the price. It’s a rule of thumb. Lenders don’t use it; the DSCR, taxes and insurance decide whether a deal works.

What the estimate is based on

Single Family · 4 beds · 3 baths · 1,980 sq ft, from the home’s details.

Last sale on record

Jun 22, 2020

Texas doesn’t make sale prices public, so the price isn’t on record.

How lenders count rent: A DSCR lender counts the lower of your signed lease and the appraiser’s rent estimate. An estimate here doesn’t replace either, so confirm it with a local leasing agent before you make an offer. The appraiser’s estimate is the .

See the 15 rentals RentCast compared
Most similar first
RentalBeds / bathsSq ftRentPer sq ftDistanceOn the market
22702 Sherioaks Ln, Unit 14 / 2.52,025$1,745$0.860.1 miLeft after 1,036 days · seen Feb 5, 2026
21722 Dimmett Way4 / 2.51,983$2,050$1.031 miLeft after 45 days · seen May 15, 2026
5115 Wilting Oak Ln4 / 32,262$2,600$1.150.8 miLeft after 9 days · seen Jan 15, 2026
23022 Quail Shute4 / 2.52,086$2,199$1.050.5 miLeft after 40 days · seen Jul 10, 2026
22811 Precious Pl4 / 2.52,240$1,765$0.790.2 miLeft after 14 days · seen Mar 26, 2026
22214 Meandering Springs Dr4 / 32,464$2,450$0.990.8 miLeft after 30 days · seen Apr 25, 2026
4907 Fox Mill Ln4 / 2.52,280$2,000$0.880.3 miLeft after 63 days · seen Mar 19, 2026
23011 Fox Hunt Dr4 / 22,004$2,350$1.170.7 miLeft after 16 days · seen Jul 22, 2026
6534 Bayonne Dr4 / 32,392$2,150$0.901.3 miLeft after 42 days · seen Apr 1, 2026
6131 Moran Crest Dr4 / 32,397$2,590$1.081.3 miLeft after 61 days · seen Feb 12, 2026
4731 Creekside Haven Trl4 / 32,429$2,700$1.111.1 miLeft after 54 days · seen Mar 26, 2026
4711 Creekside Haven Trl4 / 32,438$2,390$0.981.1 miStill listed after 94 days · seen Oct 6, 2026
21631 Rainfall Park Dr4 / 2.52,084$2,200$1.061.8 miLeft after 14 days · seen Apr 27, 2026
5143 Roth Forest Ln4 / 2.52,344$2,490$1.060.2 miLeft after 101 days · seen May 15, 2026
21814 Kardy St4 / 2.52,199$2,250$1.021 miLeft after 94 days · seen Mar 4, 2026

RentCast’s rent estimate, read Oct 9, 2026.

Insurance you’ll need as a landlord

About $2,558 to $4,264 a year

$284 a month goes into the payment estimate.

See the flood zone and coastal wind

Lenders want a with . We priced it from the Texas Department of Insurance’s 2025 county averages, sized to this home (1,980 sq ft). Prices vary a lot by ZIP code, roof age and claims history, so this is a range. Get real quotes before you buy.

What’s in the estimate
PolicyPer yearHow we estimated it
Home$3,4111,980 sq ft × $175 a sq ft to rebuild = $346,500 of coverage. We priced it at the 2025 rate for Harris County, $8.95 per $1,000, plus extra for a landlord policy.
Flood (optional)$853Not in the payment estimate, shown so you can budget for it. The typical price of a new federal flood policy, for this ZIP code, as of Aug 31, 2023.
In the payment$3,411Range $2,558 to $4,264

Zone X (area of minimal flood hazard) is low risk on FEMA’s map. Flood insurance is optional, but many Greater Houston homes that flooded in Hurricane Harvey were outside the high-risk zones, so many landlords buy it anyway.

The zone comes from FEMA’s current flood map. FEMA’s draft maps for Harris County put more homes in the high-risk zone, so a home near a bayou may change zones. If the seller has a federal flood policy, ask to take it over at closing. It can keep a lower price. Most flood policies come from the .

No. Wind and hail are part of the regular policy here (in Harris County only La Porte, Morgan’s Point, Pasadena, Seabrook and Shoreacres, east of Highway 146, are in TWIA’s area).

: Policies here charge a percent of the home’s coverage for wind and hail claims: 2% is standard, about $6,930 on this home, and 3% to 5% nearer the coast. That’s what you’d pay first after a hailstorm, so keep it in your savings.

These are a model’s estimates. Rates: Texas Department of Insurance county averages for 2025. Flood prices: FEMA’s federal flood program, as of Aug 31, 2023. Flood zone: FEMA’s flood map, read Oct 9, 2026. Get a real landlord policy quote before you make an offer.

What it’s worth

Asking price
$165,000
$162,600
$212,785 for 2026
  • An automated estimate, nudged a little toward the county’s value, read Oct 9, 2026. It isn’t an appraisal.
  • From the Harris Central Appraisal District. It’s the value the county taxes on. It’s set mostly from last year’s sales, so it trails the market.
See more about this value
  • The numbers on this page start from the asking price ($165,000). You can change it under “Your assumptions”.
  • Texas doesn’t make sale prices public, so every value estimate here is rougher than in most states. Treat it as a range.

The home

For sale at $165,000.

See the home’s details
Property type
Single-family home
Bedrooms / bathrooms
4 / 3
Living area
1,980 sq ft
Lot
4,673 sq ft
Year built
2004
$21/month
Days on the market
6
Latest price change
Raised by $42,000 on Oct 5, 2026

Homes that sit longer often leave more room to negotiate on price.

Home details read Oct 9, 2026. They can be out of date or wrong, so confirm them with the agent or seller.

Before you rely on these numbers

For every report

  • Every number here is an estimate. Before you make an offer, get a lender’s quote, an insurance quote, and a recent lease nearby to check the rent.
  • Property taxes reset after a purchase. The seller’s exemptions and caps don’t transfer, and the taxable value moves toward your price.
  • Get a real landlord insurance quote. Prices vary a lot by ZIP code, roof age and flood zone.
  • Check the rent against a recent lease nearby. Lenders use the lower of your signed lease and the appraiser’s rent estimate.
  • Texas doesn’t make sale prices public, so every home value estimate here is rough. Ask an agent for recent sales nearby before you make an offer.

Talk it through before you make an offer.

Get My Free Quote Book Intro Call

An instant DSCR loan quote from OfferMarket, one of the lenders we work with. There’s no credit check, and our link takes $250 off your closing costs.

The intro call takes 20 minutes, with nothing to prepare. Within 24 hours we send you a personalized rental roadmap.

New to this? Start with the Greater Houston DSCR Loan Guide.

If you close a loan with OfferMarket using our link, you’ll receive a $250 closing cost credit and DSCR Labs will receive $250. The credit is for new OfferMarket clients whose first loan funds. You’re never required to use a lender we recommend, and we encourage you to compare offers.

Report mwguq8h6ya · created Oct 9, 2026

About this report

We made this report automatically from county tax records, FEMA flood maps, Texas insurance data and nearby rentals. We check the summary against the numbers. It’s an estimate, not an appraisal or a loan approval.

How we make these reports

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