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3012 Seattle Ave
D Composite 40.57
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).

  • ARV discount +15.0/15.0
  • Cash flow +6.6/30.0
  • Rent growth +4.8/5.0
  • Schools +4.5/10.0
  • Livability +3.8/5.0
  • 1% rule +2.5/10.0
  • Condition / age +2.5/5.0
  • DSCR +0.9/10.0
  • Appreciation +0.0/10.0

$255,000

3012 Seattle Ave · Nederland, TX 77627
4 bd · 2.0 ba · 1,778 sqft · SingleFamily public records · 59 Days on market
Built 1962 0.36 ac lot $143/sqft · 20% below area Est $317k · 20% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Lovely 4 Bedroom Home is located in the sought after area of North Nederland. Home has been well cared for. This one has all the bells and whistles you could want. It boasts of open spacing with Large Bedrooms, large bathrooms, large hallway for accessibility, large kitchen with spacious countertops and large breakfast bar that can double as an impromptu buffet. Large covered front porch area and one of the largest lots you'll find for sale today in the neighborhood. Room- Room Galore! Open Floor plan, Beautifully done Kitchen with Granite, Stainless Appliances, Travertine Backsplash, Breakfast Bar. Split Bedroom Plan, Premier Laminate Flooring, Tile & Carpet. Owners spared no expense in updating. Master Bath at it's finest! The guest Hall Bath has Double Sinks and separate make-up Vanity perfect for organization and privacy. This home is a masterpiece. Are you looking for a place to share with friends and family? Invite them all over at the same time. Inside & Outside living

Key facts

  • Outdoor entertaining
  • Large living room
  • Oversized backyard

Tags

LARGE LIVING ROOMOPEN KITCHEN AND DINING AREAOVERSIZED BACKYARDBACK PATIOOUTDOOR ENTERTAINING

Property features AI

Exterior

  • Parking: Attached garage; 2-car garage
  • Home design: Single-family residence; Single-story home; Located in Armstrong Estates
  • Construction: Brick veneer construction
  • Exterior features: Composition roof

Interior

  • Kitchen: Gas cooktop
  • Flooring: Carpet
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Central electric heating; Central air conditioning; Ceiling fan(s)
  • Interior features: Breakfast bar

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 4-bed/2.0-bath single-family listed at $255k.

Deal economics

  • At list price, monthly cash flow is $-416 ($-5k/yr) — negative.
  • To cash-flow at today's rent, offer at most $182k (28.8% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $191k (25.1% below list).
  • Recommended offer: $182k (28.8% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 75/100 on livability (#129 in TX, #3,906 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
  • Nederland ISD (suburban): math 51% / reading 52% proficiency, ranked #138 of 826 in TX (top 17%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: Rents rising fast (+9.3%/yr); 111 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 343 units permitted in Jefferson County in 2024 (0 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.

Negotiation context

  • It's been on market 59 days — a 3% lower offer ($247k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 11y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $181,563 (28.8% 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 59 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
  3. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are A-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
0.75%
Cap rate
4.34%
Cash-on-cash
-6.99%
DSCR
0.69
GRM
11.1

CMA / ARV

ARV (median comp)
$316,986
List price
$255,000
Delta
-19.55%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 9 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2256 Hwy 69 0.31mi 3/2.0 (-1) 1,716 (-4%) 17mo $230,000 $134 61
2803 Memphis Ave 0.45mi 3/3.0 (-1) 1,800 (+1%) 12mo $240,000 $133 58
1815 N 19th St 0.66mi 3/2.0 (-1) 1,900 (+7%) 1mo $329,000 $173 52
2425 N Bourque Dr 0.35mi 3/3.0 (-1) 2,040 (+15%) 9mo $300,000 $147 42
3003 Spurlock Rd 0.28mi 3/2.0 (-1) 2,026 (+14%) 22mo $339,900 $168 41
124 Crown Rdg 0.62mi 3/2.0 (-1) 1,706 (-4%) 23mo $299,900 $176 40
2903 Vernon St 0.22mi 3/1.0 (-1) 1,526 (-14%) 23mo $194,500 $127 38
1111 Verna Dr 0.53mi 4/3.0 1,982 (+12%) 20mo $345,000 $174 35
118 Sterling Ridge Dr 0.67mi 3/2.0 (-1) 1,626 (-8%) 18mo $299,000 $184 35

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
-22.4%
Equity multiple
0.19×
Total profit
$-57,579
Equity at exit
$38,021
10-year hold
IRR
-6.7%
Equity multiple
0.47×
Total profit
$-37,783
Equity at exit
$22,048

Cash invested: $71,400 (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 77627

Rents YoY
9.3%
Active inventory
111
Price-to-rent
11.1×

Monthly cashflow live

Estimated rent
$1,909 high interval (Pro) →
Mortgage (P&I)
$1,337
Tax from tax record
$481 /mo · $5,768/yr
Insurance
$106
HOA
$0
Vacancy / Maint / Mgmt
$401
Net cashflow
$-416

Break-even live

Break-even rent $2,436
Max offer price $181,563
Occupancy floor

Sensitivity live

Price -10% $-271 -5% $-344 +0% $-416 +5% $-488 +10% $-560
Rent -10% $-567 -5% $-491 +0% $-416 +5% $-340 +10% $-265
Rate -1.0pp $-287 -0.5pp $-351 base $-416 +0.5pp $-482 +1.0pp $-549

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
$63,750
Closing costs
$7,650
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.

Rent comps 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2707 Seattle St Nederland, TX 3.0 2.5 2077 $1,850 $0.89 24d 1 0.14mi
3514 Hwy 69 N Nederland, TX 2.0–3.0 1.0–2.0 1144 $1,600 $1.40 15d 7 0.47mi
1903 N 19th St Nederland, TX 3.0 2.0 2154 $2,950 $1.37 45d 1 0.63mi
3405 Landrey Ct Nederland, TX 3.0 2.0 1456 $1,746 $1.20 15d 1 0.82mi
3119 Moor Dr Nederland, TX 3.0 1.5 1448 $1,795 $1.24 45d 1 0.96mi
1815 Helena Ave Nederland, TX 3.0 2.0 1248 $1,750 $1.40 24d 1 1.01mi
2512 Avenue A Unit A Nederland, TX 3.0 1.5 1387 $1,795 $1.29 24d 1 1.29mi

Listing history 22 events

  1. 2026-06-21
    days on market $255,000 Active 59 DOM
  2. 2026-06-18
    days on market $255,000 Active 56 DOM
  3. 2026-06-17
    days on market $255,000 Active 55 DOM
  4. 2026-06-16
    days on market $255,000 Active 54 DOM
  5. 2026-06-15
    days on market $255,000 Active 53 DOM
  6. 2026-06-14
    days on market $255,000 Active 51 DOM
  7. 2026-06-13
    days on market $255,000 Active 50 DOM
  8. 2026-06-10
    days on market $255,000 Active 48 DOM
  9. 2026-06-09
    days on market $255,000 Active 47 DOM
  10. 2026-06-08
    days on market $255,000 Active 46 DOM
  11. 2026-06-07
    days on market $255,000 Active 45 DOM
  12. 2026-06-05
    days on market $255,000 Active 42 DOM
  13. 2026-06-03
    days on market $255,000 Active 41 DOM
  14. 2026-06-02
    days on market $255,000 Active 40 DOM
  15. 2026-06-01
    days on market $255,000 Active 39 DOM
  16. 2026-05-31
    days on market $255,000 Active 38 DOM
  17. 2026-05-30
    days on market $255,000 Active 37 DOM
  18. 2026-04-24
    listed $255,000 Active 532-char remark
  19. 2015-06-29
    soldstatus
  20. 2015-06-26
    soldstatus 1003-char remark
    Show marketing remark (1003 chars)

    Lovely 4 Bedroom Home is located in the sought after area of North Nederland. Home has been well cared for. This one has all the bells and whistles you could want. It boasts of open spacing with Large Bedrooms, large bathrooms, large hallway for accessibility, large kitchen with spacious countertops and large breakfast bar that can double as an impromptu buffet. Large covered front porch area and one of the largest lots you'll find for sale today in the neighborhood. Room- Room Galore! Open Floor plan, Beautifully done Kitchen with Granite, Stainless Appliances, Travertine Backsplash, Breakfast Bar. Split Bedroom Plan, Premier Laminate Flooring, Tile & Carpet. Owners spared no expense in updating. Master Bath at it's finest! The guest Hall Bath has Double Sinks and separate make-up Vanity perfect for organization and privacy. This home is a masterpiece. Are you looking for a place to share with friends and family? Invite them all over at the same time. Inside & Outside living

  21. 2015-05-13
    listed $189,900 1003-char remark
    Show marketing remark (1003 chars)

    Lovely 4 Bedroom Home is located in the sought after area of North Nederland. Home has been well cared for. This one has all the bells and whistles you could want. It boasts of open spacing with Large Bedrooms, large bathrooms, large hallway for accessibility, large kitchen with spacious countertops and large breakfast bar that can double as an impromptu buffet. Large covered front porch area and one of the largest lots you'll find for sale today in the neighborhood. Room- Room Galore! Open Floor plan, Beautifully done Kitchen with Granite, Stainless Appliances, Travertine Backsplash, Breakfast Bar. Split Bedroom Plan, Premier Laminate Flooring, Tile & Carpet. Owners spared no expense in updating. Master Bath at it's finest! The guest Hall Bath has Double Sinks and separate make-up Vanity perfect for organization and privacy. This home is a masterpiece. Are you looking for a place to share with friends and family? Invite them all over at the same time. Inside & Outside living

  22. 2009-07-21
    soldstatus

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

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$5,768 · $481/mo
Projected year-2 tax
$5,768 · $481/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X · 22% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,913
− Mortgage interest
−$14,284
− Property taxes
−$5,768
− Insurance
−$1,275
− Repairs & maintenance
−$1,833
− Management
−$1,833
− Depreciation
−$7,418
Taxable loss
−$9,498
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,280
After-tax cash flow
$-2,709/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.

Schools (NCES district)

District
Nederland ISD
NCES district ID
4832280
Math proficiency
51% ▼ -3.00%
Reading proficiency
52% ▼ -3.00%
Median HH income
$59,647
Composite
44.95/100
National rank
#2709
State rank
#138 of 826 in TX

Livability — Nederland

Score
75/100
State rank
#129
US rank
#3906

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Nederland, TX
County
Jefferson County · 203,592 people
City population
22,357
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
22,357
Household income
$78,001
Rent vs Own
26.4% rent · 73.6% own
Severe rent burden
572.0

Population outlook (Jefferson County) Hauer SSP2

Today (2025)
259,015 people
By 2030
260,685 · +0.6%
By 2040
263,309 · +1.7%
By 2050
265,237 · +2.4%
By 2075
270,193 · +4.3%
By 2100
255,628 · -1.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (78%)
Race & ethnicity
White 78% Hispanic / Latino 12% Two or more races 8% Black 4% Asian 3%
Hispanic origin (detail)
Mexican 8%
Common ancestry
Lithuanian 10% Slovak 3% Italian 2%
Foreign-born
5% · Canada, Vietnam
Languages at home
87% English-only · Spanish 8% Other Indo-European 1% Vietnamese 1%

Political lean MEDSL · Jefferson

2024 margin
Lean R (+8.9) · D 45.1% · R 54.0%
2008→2024 swing
-11.1pp toward R · 2008: 2.2pp · 2024: -8.9pp
All cycles
2024: R+8.9 2020: R+1.6 2016: R+0.5 2012: D+1.6 2008: D+2.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -228.91%
Current HPI
176.2132
Rent YoY
▲ 9.27%
Metro
Beaumont-Port Arthur, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+34.3% since first listed
5 events — show timeline
  • 2026-04-24 Listed $255,000 BBOR
  • 2015-06-29 Sold (Public Records) Public Records
  • 2015-06-26 Sold (MLS) BBOR
  • 2015-05-13 Listed $189,900 BBOR
  • 2009-07-21 Sold (Public Records) Public Records

Property tax history

+7.9%/yr

Latest (2025): $5,768 · -2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…