5705 Spoonbill Ln · Orange, TX 77632

$236,265

4 bd · 2.0 ba · 1,614 sqft · Land · 94 Days on market

7,200 sqft lot $146/sqft · at area comps Est $231k · at est. ↓ 5% since listing

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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 +6.9/30.0
• ARV discount +6.5/15.0
• Livability +3.6/5.0
• Schools +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.9/10.0
• DSCR +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. Talk to us today to learn more about the Elgin floorplan!

Key facts

• Open concept kitchen
• Attached bathroom
• Walk-in closet

Tags

• OPEN CONCEPT KITCHEN
• ATTACHED BATHROOM
• WALK-IN CLOSET
• COVERED PATIO
• SHAKER-STYLE CABINETS
• GRANITE COUNTERTOPS

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath land listed at $236k.

Deal economics

• At list price, monthly cash flow is $-353 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $185k (21.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $162k (31.4% below list).
• Recommended offer: $162k (31.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 71/100 on livability (#286 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, employment D+, schools D-.
• Little Cypress-Mauriceville CISD (rural): math 35% / reading 40% proficiency, ranked #435 of 826 in TX (top 53%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 294 active listings in the ZIP; 235 units permitted in Orange County in 2024 (50 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 $7k of value loss. Plan a longer hold.
• Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($215k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Recommended offer $161,991 (31.4% 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 94 days. Have you received any prior offers? Is the seller open to a 31% 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 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?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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?
8. 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.
9. 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.
10. 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: 0.69% ✗
• Cap rate: 4.50%
• Cash-on-cash: -6.40%
• DSCR: 0.72
• GRM: 12.2

CMA / ARV

• ARV (median comp): $230,945
• List price: $236,265
• Delta: 2.30%
• Verdict: FAIR
• Comps: 6 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -27.3%
• Equity multiple: 0.08×
• Total profit: $-60,746
• Equity at exit: $35,228

10-year hold

• IRR: -25.4%
• Equity multiple: -0.24×
• Total profit: $-81,751
• Equity at exit: $20,428

Cash invested: $66,154 (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 77632

• Home prices YoY: -31.6%
• Active inventory: 294
• Price-to-rent: 12.2×

Monthly cashflow live

• Estimated rent: $1,620 medium
• Mortgage (P&I): −$1,239
• Tax est. 1.5%: −$295 /mo · $3,544/yr
• Insurance: −$98
• HOA: −$0
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $-353

Break-even live

Break-even rent $2,067

Max offer price $185,179

Occupancy floor —

Sensitivity live

Price	-10% $-190	-5% $-271	+0% $-353	+5% $-435	+10% $-516
Rent	-10% $-481	-5% $-417	+0% $-353	+5% $-289	+10% $-225
Rate	-1.0pp $-234	-0.5pp $-293	base $-353	+0.5pp $-414	+1.0pp $-477

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: $59,066
• Closing costs: $7,088
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-18
   days on market $236,265 Active 94 DOM
2. 2026-06-17
   days on market $236,265 Active 93 DOM
3. 2026-06-16
   days on market $236,265 Active 92 DOM
4. 2026-06-15
   days on market $236,265 Active 91 DOM
5. 2026-06-14
   days on market $236,265 Active 89 DOM
6. 2026-06-13
   days on market $236,265 Active 88 DOM
7. 2026-06-10
   days on market $236,265 Active 86 DOM
8. 2026-06-09
   days on market $236,265 Active 85 DOM
9. 2026-06-08
   days on market $236,265 Active 84 DOM
10. 2026-06-07
    days on market $236,265 Active 83 DOM
11. 2026-06-03
    days on market $236,265 Active 79 DOM
12. 2026-06-02
    days on market $236,265 Active 78 DOM
13. 2026-06-01
    days on market $236,265 Active 77 DOM
14. 2026-05-31
    days on market $236,265 Active 76 DOM
15. 2026-05-30
    days on market $236,265 Active 75 DOM
16. 2026-05-13
    price $236,165 1120-char remark

    Show marketing remark (1120 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. Talk to us today to learn more about the Elgin floorplan!

17. 2026-05-08
    price $236,265 1120-char remark

    Show marketing remark (1120 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. Talk to us today to learn more about the Elgin floorplan!

18. 2026-05-07
    price $236,265 956-char remark

    Show marketing remark (956 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected.

19. 2026-05-07
    price $236,175 956-char remark

    Show marketing remark (956 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected.

20. 2026-05-05
    price $246,085 1120-char remark

    Show marketing remark (1120 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. Talk to us today to learn more about the Elgin floorplan!

21. 2026-05-04
    price $246,765 956-char remark

    Show marketing remark (956 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected.

22. 2026-04-23
    price $234,585 1120-char remark

    Show marketing remark (1120 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. Talk to us today to learn more about the Elgin floorplan!

23. 2026-04-04
    price $237,085 1120-char remark

    Show marketing remark (1120 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. Talk to us today to learn more about the Elgin floorplan!

24. 2026-04-03
    price $237,585 956-char remark

    Show marketing remark (956 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected.

25. 2026-03-17
    listed $248,585 Active 1120-char remark

    Show marketing remark (1120 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. Talk to us today to learn more about the Elgin floorplan!

26. 2026-03-10
    listed $248,585 Active 956-char remark

    Show marketing remark (956 chars)

    Come see our spacious Elgin floorplan at Reserve at Mallard Lakes in Orange, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful shaker-style cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected.

ⓘ 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: $19,439
• − Mortgage interest: −$13,235
• − Property taxes: −$3,544
• − Insurance: −$1,181
• − Repairs & maintenance: −$1,555
• − Management: −$1,555
• − Depreciation: −$6,873
• Taxable loss: −$8,504
• Est. tax savings @ 24.0%: +$2,041
• After-tax cash flow: $-2,196/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: Little Cypress-Mauriceville CISD
• NCES district ID: 4827690
• Math proficiency: 35% ▼ -5.00%
• Reading proficiency: 40% ▲ 1.00%
• Median HH income: $60,483
• Composite: 33.41/100
• National rank: #5473
• State rank: #435 of 826 in TX

Livability — Orange

• Score: 71/100
• State rank: #286
• US rank: #6456

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Orange County · 87,112 people
• City population: 22,976
• Metro: Beaumont-Port Arthur, TX
• Population (ZIP): 22,976
• Household income: $74,418
• Rent vs Own: 20.7% rent · 79.3% own
• Severe rent burden: 431.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 88,065 people
• By 2030: 89,591 · +1.7%
• By 2040: 91,982 · +4.4%
• By 2050: 93,023 · +5.6%
• By 2075: 94,871 · +7.7%
• By 2100: 88,155 · +0.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 8% Two or more races 6% Black 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Lithuanian 8% Slovak 2% Italian 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 4%

Political lean MEDSL · Orange

• 2024 margin: Solid R (+66.8) · D 16.4% · R 83.1%
• 2008→2024 swing: -19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
• All cycles: 2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -68.96%
• Current HPI: 149.354
• Rent YoY: —
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-5.0% since first listed

11 events — show timeline

• 2026-05-13 Price Changed $236,165 Zillow
• 2026-05-08 Price Changed $236,265 Zillow
• 2026-05-07 Price Changed $236,265 BBOR
• 2026-05-07 Price Changed $236,175 BBOR
• 2026-05-05 Price Changed $246,085 Zillow
• 2026-05-04 Price Changed $246,765 BBOR
• 2026-04-23 Price Changed $234,585 Zillow
• 2026-04-04 Price Changed $237,085 Zillow
• 2026-04-03 Price Changed $237,585 BBOR
• 2026-03-17 Listed $248,585 Zillow
• 2026-03-10 Listed $248,585 BBOR

Property tax history

+0.9%/yr

Latest (2025): $234 · +0.9% YoY. Source: county tax records.