801 Westway St · Galena Park, TX 77547

$140,000

3 bd · 2.0 ba · 1,185 sqft · SingleFamily public records · 7 Days on market

Built 1947 9,770 sqft lot Est $161k · 13% under

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Why this score? — see what drove the C 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 +13.5/30.0
• ARV discount +13.4/15.0
• Appreciation +7.5/10.0
• 1% rule +5.9/10.0
• DSCR +4.1/10.0
• Livability +3.4/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

This charming 3-bedroom, 2 full bathroom home boasts a spacious backyard, making it ideal for first-time buyers or investors. A new roof will be installed this weekend, ensuring peace of mind for the future. Complete with its own laundry room, and a front porch where, you can sit and relax, this affordable property is a must-see.

Key facts

• Spacious backyard
• Laundry room
• Front porch

Tags

• SPACIOUS BACKYARD
• NEW ROOF
• LAUNDRY ROOM
• FRONT PORCH

Property features AI

Finance

• Financial info: Lease not considered

Exterior

• Parking: 2-car garage
• Utilities: Public water; Public sewer
• Home design: Residential property; Single-story (first-floor living/entry level)
• Construction: Built in 1947; Brick and vinyl siding exterior; Composition roof; Slab foundation
• Exterior features: Subdivision lot; Lot approximately 0.224 acres

Interior

• Kitchen: Kitchen on the first floor (11.2 x 10.1)
• Bedrooms: Primary bedroom on the first floor (13.8 x 13.5); Bedroom on the first floor (11.5 x 14.3); Bedroom on the first floor (13.1 x 9.11)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (gas); Central air conditioning (electric)
• Interior features: 6 total rooms; First-floor living areas

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $5 ($58/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 6.3% vs local median 4.1% in Galena Park — 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 68/100 on livability (#456 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment D-.
• Galena Park ISD (suburban): math 32% / reading 33% proficiency, ranked #578 of 826 in TX (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 74% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Macarthur El (math 40% / reading 33%, grade F, #1,883 of 4,322 statewide, top 44%, 614 students, 89% FRL); Galena Park Middle (math 28% / reading 31%, grade F, #1,077 of 1,662 statewide, top 66%, 943 students, 88% FRL); Galena Park H S (math 37% / reading 36%, grade F, #924 of 1,632 statewide, top 57%, 1,914 students, 87% FRL).
• Market conditions: 38 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($968 loan paydown + $7k appreciation (5.0% local appreciation)).
• Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (5.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1947 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $140,000

Questions for the listing agent

1. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. 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.
6. 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.
7. 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: 1.09% ✓
• Cap rate: 6.33%
• Cash-on-cash: 0.15%
• DSCR: 1.01
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $161,160
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2224 11th St	0.24mi	3/2.0	1,120 (-6%)	2mo	$179,900	$161	79
2113 10th St	0.09mi	2/2.0 (-1)	1,103 (-7%)	7mo	$135,000	$122	74
2222 8th St	0.19mi	3/1.0	1,246 (+5%)	7mo	$149,950	$120	73
2220 7th St	0.19mi	4/2.0 (+1)	1,114 (-6%)	7mo	$179,990	$162	70
2219 15th St	0.39mi	3/1.0	1,213 (+2%)	7mo	$94,000	$77	68
2204 Benson Dr	0.49mi	3/2.0	1,242 (+5%)	1mo	$199,999	$161	68
2515 7th St	0.51mi	2/2.0 (-1)	1,171 (-1%)	2mo	$169,900	$145	67
2513 13th St	0.56mi	3/1.5	1,258 (+6%)	1mo	$139,999	$111	60
1512 12th St	0.57mi	3/1.0	1,052 (-11%)	2mo	$185,000	$176	49
1204 Sage Dr	0.48mi	3/1.0	1,336 (+13%)	8mo	$160,000	$120	46
1405 9th St	0.60mi	3/1.0	1,301 (+10%)	9mo	$129,000	$99	44
506 Sage Dr	0.43mi	2/1.0 (-1)	1,008 (-15%)	4mo	$137,000	$136	43

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.96% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.0%
• Equity multiple: 1.83×
• Total profit: $32,434
• Equity at exit: $79,007

10-year hold

• IRR: 14.0%
• Equity multiple: 3.51×
• Total profit: $98,277
• Equity at exit: $136,084

Cash invested: $39,200 (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 →

ZIP-level market 77547

• Home prices YoY: 2.0%
• Active inventory: 38
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,529 high
• Mortgage (P&I): −$734
• Tax from tax record: −$411 /mo · $4,927/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$321
• Net cashflow: $5

Break-even live

Break-even rent $1,523

Max offer price $140,000

Occupancy floor 95%

Sensitivity live

Price	-10% $84	-5% $44	+0% $5	+5% $-35	+10% $-74
Rent	-10% $-116	-5% $-56	+0% $5	+5% $65	+10% $126
Rate	-1.0pp $75	-0.5pp $40	base $5	+0.5pp $-31	+1.0pp $-68

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: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2216 3rd St Galena Park, TX	3.0	2.0	1500	$1,400	$0.93	45d	1	0.30mi
423 Armstrong St Houston, TX	3.0	2.0	1090	$1,499	$1.38	0d	1	0.54mi
403 Armstrong St Houston, TX	3.0	2.0	909	$1,399	$1.54	0d	1	0.61mi
335 Delaware St Houston, TX	2.0	1.0	784	$940	$1.20	14d	1	0.63mi
311 Massachusetts St Unit A Houston, TX	3.0	2.0	1184	$1,700	$1.44	14d	1	0.72mi
205 Bolden St Unit A Houston, TX	3.0	2.0	1200	$2,500	$2.08	45d	1	0.86mi
9743 Veyblum St Unit B Houston, TX	3.0	2.0	872	$1,145	$1.31	6d	1	1.06mi
9821 Turnbow St Unit C Houston, TX	3.0	2.0	1140	$1,720	$1.51	45d	1	1.06mi
9713 Stedman St Unit b Houston, TX	3.0	2.0	872	$1,095	$1.26	45d	1	1.20mi
9710 Tuffly St Houston, TX	3.0	2.0	1275	$1,795	$1.41	25d	1	1.38mi

Listing history 7 events

1. 2026-06-21
   statusdays on market $140,000 Pending 7 DOM
2. 2026-06-18
   days on market $140,000 Active 6 DOM
3. 2026-06-17
   days on market $140,000 Active 5 DOM
4. 2026-06-16
   days on market $140,000 Active 4 DOM
5. 2026-06-15
   days on market $140,000 Active 3 DOM
6. 2026-06-13
   remarks 331-char remark
7. 2026-06-13
   listed $140,000 Active 1 DOM

ⓘ 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: $4,927 · $411/mo
• Projected year-2 tax: $4,927 · $411/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,348
• − Mortgage interest: −$7,842
• − Property taxes: −$4,927
• − Insurance: −$700
• − Repairs & maintenance: −$1,468
• − Management: −$1,468
• − Depreciation: −$4,073
• Taxable loss: −$2,130
• Est. tax savings @ 24.0%: +$511
• After-tax cash flow: $569/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: Galena Park ISD
• NCES district ID: 4820250
• Math proficiency: 32% ▼ -20.00%
• Reading proficiency: 33% ▼ -7.00%
• Median HH income: $43,158
• Composite: 27.62/100
• National rank: #6927
• State rank: #578 of 826 in TX

Livability — Galena Park

• Score: 68/100
• State rank: #456
• US rank: #9227

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Galena Park, TX
• City population: 9,380
• Population (ZIP): 9,380

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%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (90%)
• Race & ethnicity: Hispanic / Latino 90% Two or more races 46% Black 5% White 4%
• Hispanic origin (detail): Mexican 88%
• Foreign-born: 32% · Canada
• Languages at home: 21% English-only · Spanish 79%

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: ▲ 4.96%
• Current HPI: 252.9899
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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 events — show timeline

• 2026-06-12 Listed $140,000 HARMLS
• 2017-01-04 Sold (Public Records) — Public Records
• 2014-10-14 Sold (Public Records) — Public Records
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+5.5%/yr

Latest (2025): $4,927 · +1.3% YoY. Source: county tax records.