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3308 Regal Park Ln
Score
72
Pearland, TX

3308 Regal Park Ln

365K
3 bd • 2 ba • 2,192 sf

This analysis was generated on 3/17/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$365,000

Price/Sq.Ft

$167

Year Built

2017

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Covered Patio: Provides outdoor living space, increasing appeal • Brick Exterior: Durable and classic, adds curb appeal • Tile flooring in entry and kitchen • Covered patio • Brick exterior • Price Position: Priced at $166.51/sqft, slightly above the median $158/sqft in 77584, suggesting potential for negotiation. • Appreciation Trend: Homes in 77584 have sold for 5.2% more than a year ago, indicating moderate appreciation. • Rental Income: $2,090/month with 95% occupancy (0.1% cap rate) • Future Development: No major planned developments immediately adjacent to the property. However, continued growth in Pearland suggests potential for future commercial and residential projects in the broader area. • Good natural light in the living areas. Bedrooms have adequate light. Kitchen lighting could be improved. • Open concept living area is functional. Bedrooms are adequately sized. Kitchen layout could be improved with an island redesign.
Brick Exterior

Brick Exterior

Durable and classic, adds curb appeal

The Bad

• Kitchen Update (MEDIUM priority): $15,000 • Bathroom Update (MEDIUM priority): $7,000 • Flooring Replacement (MEDIUM priority): $5,000 • Major flood risk (6/10) necessitates critical insurance coverage. • Extreme heat and wind risks (9/10) require robust property maintenance and insurance. • Relatively low school ratings (2-3/10) may impact long-term resale value for families with children.

The Ugly

• Climate Risk: Due to the 'MAJOR' flood risk and 'EXTREME' wind risk, expect significantly higher insurance premiums. Flood insurance is critical and may cost $2,500-$5,000+ annually. Windstorm coverage will also add to the overall insurance burden.
Kitchen Finishes

Kitchen Finishes

Dated oak cabinets and laminate countertops.

Bathroom Finishes

Bathroom Finishes

Basic vanity, mirror, and lighting.

Carpet Flooring

Carpet Flooring

Carpet appears worn and dated.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $25,080 with 95% occupancy rate Value Investors: Projected 11.0% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $27,000 in strategic upgrades could significantly increase property value

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$112,815

Property History

Price History
Ownership Timeline
$0Financed
May 26, 2017
Kb Home Lone Star IncLaquesha J Cooper
Special Warranty Deed
New Construction Residential Transactions

Property Taxes

$2,896
2024 Tax Assessment
12.1%from previous year
Assessed Value$293,171
Tax Rate0.99%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

5.0/10
Average

Middle

5.0/10
Average

High

5.0/10
Average

Financials

Monthly Costs
Market Rent (3 bed)

$1,100

Get a detailed estimate on Zillow
HOA Fee

$100

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Location & Comparables

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