102 19th Ave N · Texas City, TX 77590

$107,000

3 bd · 1.0 ba · 1,249 sqft · SingleFamily public records · 31 Days on market

Built 1968 10,123 sqft lot Est $177k · 40% under ↓ 14% since listing

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Why this score? — see what drove the B 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 +27.5/30.0
• ARV discount +15.0/15.0
• DSCR +9.6/10.0
• 1% rule +9.4/10.0
• Rent growth +3.7/5.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Calling all investors! This home is in prime Texas City location. Many homes on street have been redone, making this a beautiful street. Huge lot! Home is being sold as is. Motivated seller, this home won't last long

Key facts

• Huge lot
• 0.23 acre lot
• Garage

Tags

• PRIME TEXAS CITY LOCATION
• HUGE LOT

Property features AI

Finance

• Financial info: Lease not considered

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 1968; Slab foundation
• Construction: Wood siding construction; Composition roof
• Exterior features: Cleared lot

Interior

• Bathrooms: 1 full bathroom; 1 half bathroom
• Interior features: Total of 3 rooms; Seller disclosure available

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $107k.

Deal economics

• At list price, monthly cash flow is $249 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $107k).
• Recommended offer: $104k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 4.3% in Texas City — 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 62/100 on livability (#907 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute F.
• Texas City ISD (suburban): math 28% / reading 29% proficiency, ranked #655 of 826 in TX (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Roosevelt-Wilson El (math 36% / reading 34%, grade F, #1,965 of 4,322 statewide, top 46%, 492 students, 77% FRL); Blocker Middle (math 33% / reading 36%, grade F, #858 of 1,662 statewide, top 54%, 865 students, 80% FRL); Texas City H S (math 32% / reading 36%, grade F, #1,002 of 1,632 statewide, top 62%, 1,718 students, 72% FRL).
• Market conditions: Rents rising fast (+4.9%/yr); 292 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $740 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Galveston County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $30k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 31 days — a 3% lower offer ($104k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price; flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $103,790 (3.0% below list)

Questions for the listing agent

1. It's been on market 31 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. 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?
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: 1.44% ✓
• Cap rate: 9.83%
• Cash-on-cash: 12.62%
• DSCR: 1.56
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $177,358
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2033 Bay St N	0.28mi	3/1.0	1,194 (-4%)	2mo	$169,000	$142	78
311 25th Ave N	0.37mi	3/1.0	1,203 (-4%)	1mo	$170,000	$141	76
45 18th Ave N	0.11mi	4/2.0 (+1)	1,218 (-2%)	8mo	$180,000	$148	76
221 18th Ave N	0.19mi	3/1.0	1,129 (-10%)	4mo	$100,000	$89	72
28 17th Ave N	0.14mi	3/2.0	1,373 (+10%)	5mo	$97,500	$71	69
303 21st Ave N	0.21mi	3/3.0	1,351 (+8%)	2mo	$220,000	$163	66
515 24th Ave N	0.45mi	3/1.0	1,076 (-14%)	2mo	$139,000	$129	54
322 24th Ave N	0.36mi	3/1.0	1,072 (-14%)	8mo	$155,000	$145	53
32 11th Ave N	0.53mi	3/1.5	1,372 (+10%)	6mo	$80,000	$58	52
809 18th Ave N	0.66mi	3/2.0	1,178 (-6%)	9mo	$169,990	$144	48
720 14th Ave N	0.69mi	4/3.0 (+1)	1,320 (+6%)	4mo	$140,000	$106	42
810 San Jacinto Ave	0.75mi	3/1.5	1,432 (+15%)	7mo	$235,000	$164	33

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 · 4.91% rent growth · sell at horizon

5-year hold

• IRR: 1.4%
• Equity multiple: 1.06×
• Total profit: $1,676
• Equity at exit: $15,954

10-year hold

• IRR: 13.3%
• Equity multiple: 2.18×
• Total profit: $35,396
• Equity at exit: $9,251

Cash invested: $29,960 (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 77590

• Home prices YoY: -19.3%
• Rents YoY: 4.9%
• Active inventory: 292
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,542 high
• Mortgage (P&I): −$561
• Tax from tax record: −$297 /mo · $3,567/yr
• Insurance: −$45
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$324
• Net cashflow: $249

Break-even live

Break-even rent $1,227

Max offer price $107,000

Occupancy floor 79%

Sensitivity live

Price	-10% $309	-5% $279	+0% $249	+5% $218	+10% $188
Rent	-10% $127	-5% $188	+0% $249	+5% $309	+10% $370
Rate	-1.0pp $302	-0.5pp $276	base $249	+0.5pp $221	+1.0pp $193

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: $26,750
• Closing costs: $3,210
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
221 18th Ave N Texas City, TX	3.0	1.0	1040	$1,550	$1.49	13d	1	0.15mi
45 17th Ave N Texas City, TX	4.0	1.0	1168	$1,750	$1.50	2d	1	0.15mi
324 17th Ave N Texas City, TX	2.0	1.0	1184	$1,450	$1.22	44d	1	0.24mi
422 19th Ave N Texas City, TX	2.0	1.0	900	$1,400	$1.56	44d	1	0.29mi
701 22nd Ave N Texas City, TX	3.0	2.0	1011	$1,386	$1.37	44d	1	0.54mi
813 Bay St N Texas City, TX	2.0–3.0	1.0–1.5	1010	$1,420	$1.41	2d	9	0.71mi
626 8th Ave N Texas City, TX	2.0	1.5	1000	$1,275	$1.27	17d	2	0.85mi
1116 11th St N Texas City, TX	2.0	1.0	1075	$1,129	$1.05	44d	1	0.94mi
1001 9th Ave N Texas City, TX	2.0	1.0	814	$1,250	$1.54	44d	1	1.12mi
1028 5th Ave N Unit 1 Texas City, TX	2.0	1.0	847	$945	$1.12	13d	1	1.24mi
24 1st St N Texas City, TX	3.0	1.0	940	$1,250	$1.33	44d	1	1.29mi
1228 6th Ave N Unit 1 Texas City, TX	2.0	1.0	847	$945	$1.12	13d	1	1.33mi
1112 1st Ave N Texas City, TX	2.0	1.0	847	$945	$1.12	22d	1	1.45mi
1114 1st Ave N Texas City, TX	2.0	1.0	847	$945	$1.12	22d	1	1.46mi

Listing history 16 events

1. 2026-06-18
   days on market $107,000 Active 31 DOM
2. 2026-06-17
   days on market $107,000 Active 30 DOM
3. 2026-06-16
   days on market $107,000 Active 29 DOM
4. 2026-06-15
   days on market $107,000 Active 28 DOM
5. 2026-06-13
   days on market $107,000 Active 26 DOM
6. 2026-06-09
   days on market $107,000 Active 22 DOM
7. 2026-06-08
   days on market $107,000 Active 21 DOM
8. 2026-06-07
   days on market $107,000 Active 20 DOM
9. 2026-06-04
   days on market $107,000 Active 17 DOM
10. 2026-06-03
    days on market $107,000 Active 16 DOM
11. 2026-06-02
    days on market $107,000 Active 15 DOM
12. 2026-06-01
    days on market $107,000 Active 14 DOM
13. 2026-05-31
    days on market $107,000 Active 13 DOM
14. 2026-05-20
    price $107,000
15. 2026-05-18
    listed $125,000 Active
16. 2002-07-29
    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: $3,567 · $297/mo
• Projected year-2 tax: $3,567 · $297/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 8/10 Severe FEMA zone X · 60% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $18,501
• − Mortgage interest: −$5,994
• − Property taxes: −$3,567
• − Insurance: −$1,332
• − Repairs & maintenance: −$1,480
• − Management: −$1,480
• − Depreciation: −$3,113
• Taxable income: $1,535
• Est. tax owed @ 24.0%: −$368
• After-tax cash flow: $2,614/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: Texas City ISD
• NCES district ID: 4842510
• Math proficiency: 28% ▼ -10.00%
• Reading proficiency: 29% ▼ -4.00%
• Median HH income: $44,875
• Composite: 24.47/100
• National rank: #7664
• State rank: #655 of 826 in TX

Livability — Texas City

• Score: 62/100
• State rank: #907
• US rank: #16268

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Texas City, TX
• County: Galveston County · 357,330 people
• City population: 49,936
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 31,642
• Household income: $65,801
• Rent vs Own: 47.6% rent · 52.4% own
• Severe rent burden: 1821.0

Population outlook (Galveston County) Hauer SSP2

• Today (2025): 390,640 people
• By 2030: 425,226 · +8.9%
• By 2040: 493,765 · +26.4%
• By 2050: 559,698 · +43.3%
• By 2075: 719,260 · +84.1%
• By 2100: 819,628 · +109.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.66)
• Race & ethnicity: White 41% Hispanic / Latino 38% Two or more races 20% Black 17% Asian 2%
• Hispanic origin (detail): Mexican 33% Puerto Rican 1%
• Common ancestry: Lithuanian 2% Slovak 1% Italian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 72% English-only · Spanish 26% Other Indo-European 1%

Political lean MEDSL · Galveston

• 2024 margin: Strong R (+27.4) · D 35.7% · R 63.1% · Other 1.2%
• 2008→2024 swing: -7.9pp toward R · 2008: -19.5pp · 2024: -27.4pp
• All cycles: 2024: R+27.4 2020: R+22.6 2016: R+22.6 2012: R+26.9 2008: R+19.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -58.35%
• Current HPI: 244.5809
• Rent YoY: ▲ 4.91%
• Metro: Houston-The Woodlands-Sugar Land, 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

-14.4% since first listed

3 events — show timeline

• 2026-05-20 Price Changed $107,000 HARMLS
• 2026-05-18 Listed $125,000 HARMLS
• 2002-07-29 Sold (Public Records) — Public Records

Property tax history

+8.8%/yr

Latest (2025): $3,567 · +21.8% YoY. Source: county tax records.