309 E Pine St · Daisetta, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 112°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the A- 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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +5.0/10.0
- Schools +3.1/10.0
- Livability +3.1/5.0
- Rent growth +2.5/5.0
- Condition / age +2.5/5.0
$80,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Investor Opportunity in Daisetta! This charming 3-bedroom, 2-bath home offers strong potential for investors, landlords, or buyers. The home features a spacious layout with updated finishes, neutral tones, and plenty of natural light. Situated on a generous lot with multiple detached structures that could be used for storage, workshop space, or future improvements. With no known HOA and located in a quiet Liberty County community, this property offers flexibility for rental, long-term investment, or owner-occupant buyers looking for additional space. The detached buildings add extra utility and potential for hobbies, a workspace, or storage needs. Conveniently located with easy access to surrounding towns including Liberty, Dayton, and Baytown. Great opportunity to add to your rental portfolio or secure a property with long-term potential. Schedule your showing today!
Key facts
- Generous lot
- Updated finishes
- Hobbies workspace
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $80k.
Deal economics
- At list price, monthly cash flow is $760 ($9k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $80k).
- Recommended offer: $73k (9.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 61/100 on livability (#978 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools D, amenities F, commute F.
- Hull-Daisetta ISD (rural): math 36% / reading 29% proficiency, ranked #949 of 1,141 in TX (top 83%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 5 active listings in the ZIP; 1,321 units permitted in Liberty County in 2024 (0 in 5+ unit buildings).
Forward outlook
- In year one you build about $3k of equity ($553 loan paydown + $2k appreciation (3.0% local appreciation)).
- Liberty County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- It's been on market 101 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts since 2y ago; this cycle's ask has dropped $10k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $49k; list at $80k implies a 63% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
- 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.
Questions for the listing agent
- It's been on market 101 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 2.16% ✓
- Cap rate
- 17.69%
- Cash-on-cash
- 40.69%
- DSCR
- 2.81
- GRM
- 3.9
CMA / ARV
- ARV (median comp)
- $149,595
- List price
- $80,000
- Delta
- -46.52%
- Verdict
- UNDERPRICED
- Comps
- 19 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 604 E Pine St | 0.11mi | 3/1.0 | 1,396 (-3%) | 13mo | $96,000 | $69 | 79 |
| 203 Peach St | 0.27mi | 3/1.5 | 1,397 (-3%) | 16mo | $199,999 | $143 | 66 |
| 107 Elm St | 0.28mi | 4/2.0 (+1) | 1,554 (+8%) | 22mo | $155,000 | $100 | 47 |
| 106 Palm St | 0.52mi | 2/1.0 (-1) | 1,272 (-12%) | 18mo | $127,900 | $101 | 36 |
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 · 3.0% rent growth · sell at horizon
- IRR
- 46.2%
- Equity multiple
- 3.59×
- Total profit
- $58,070
- Equity at exit
- $35,971
- IRR
- 45.9%
- Equity multiple
- 7.21×
- Total profit
- $139,020
- Equity at exit
- $55,436
Cash invested: $22,400 (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
ZIP-level market 77533
- Active inventory
- 5
- Price-to-rent
- 3.9×
Monthly cashflow live
- Estimated rent
- $1,726 medium interval (Pro) →
- Mortgage (P&I)
- −$420
- Tax from tax record
- −$151 /mo · $1,815/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$362
- Net cashflow
- $760
Break-even live
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
- $20,000
- Closing costs
- $2,400
- 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.
Listing history 31 events
-
2026-06-18days on market $80,000 Active 101 DOM
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2026-06-17days on market $80,000 Active 100 DOM
-
2026-06-16days on market $80,000 Active 99 DOM
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2026-06-15days on market $80,000 Active 98 DOM
-
2026-06-13days on market $80,000 Active 96 DOM
-
2026-06-12days on market $80,000 Active 95 DOM
-
2026-06-10days on market $80,000 Active 92 DOM
-
2026-06-08days on market $80,000 Active 91 DOM
-
2026-06-08days on market $80,000 Active 90 DOM
-
2026-06-05days on market $80,000 Active 88 DOM
-
2026-06-03days on market $80,000 Active 86 DOM
-
2026-06-02days on market $80,000 Active 85 DOM
-
2026-06-01days on market $80,000 Active 84 DOM
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2026-05-31days on market $80,000 Active 83 DOM
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2026-04-02price $80,000 880-char remark
Show marketing remark (880 chars)
Investor Opportunity in Daisetta! This charming 3-bedroom, 2-bath home offers strong potential for investors, landlords, or buyers. The home features a spacious layout with updated finishes, neutral tones, and plenty of natural light. Situated on a generous lot with multiple detached structures that could be used for storage, workshop space, or future improvements. With no known HOA and located in a quiet Liberty County community, this property offers flexibility for rental, long-term investment, or owner-occupant buyers looking for additional space. The detached buildings add extra utility and potential for hobbies, a workspace, or storage needs. Conveniently located with easy access to surrounding towns including Liberty, Dayton, and Baytown. Great opportunity to add to your rental portfolio or secure a property with long-term potential. Schedule your showing today!
-
2026-03-09$89,900 Active 880-char remark
Show marketing remark (880 chars)
Investor Opportunity in Daisetta! This charming 3-bedroom, 2-bath home offers strong potential for investors, landlords, or buyers. The home features a spacious layout with updated finishes, neutral tones, and plenty of natural light. Situated on a generous lot with multiple detached structures that could be used for storage, workshop space, or future improvements. With no known HOA and located in a quiet Liberty County community, this property offers flexibility for rental, long-term investment, or owner-occupant buyers looking for additional space. The detached buildings add extra utility and potential for hobbies, a workspace, or storage needs. Conveniently located with easy access to surrounding towns including Liberty, Dayton, and Baytown. Great opportunity to add to your rental portfolio or secure a property with long-term potential. Schedule your showing today!
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2026-02-13soldstatus
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2025-11-12soldstatus $49,000
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2025-11-07historical
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2025-04-01status Active
-
2025-03-27status Option Pending
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2025-03-17price $149,500
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2025-02-24price $154,500
-
2025-01-15price $159,000
-
2024-11-06price $164,000
-
2024-10-24status Active
-
2024-10-17status Pending
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2024-10-09price $169,000
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2024-09-10$175,000 Active
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2022-07-14soldstatus
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2022-02-15soldstatus
ⓘ 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
- $1,815 · $151/mo
- Projected year-2 tax
- $1,815 · $151/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 ≥112°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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $20,714
- − Mortgage interest
- −$4,481
- − Property taxes
- −$1,815
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,657
- − Management
- −$1,657
- − Depreciation
- −$2,327
- Taxable income
- $8,376
- Est. tax owed @ 24.0%
- −$2,010
- After-tax cash flow
- $7,104/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
- Hull-Daisetta ISD
- NCES district ID
- 4823880
- Math proficiency
- 36% ▲ 2.00%
- Reading proficiency
- 29% ▲ 1.00%
- Median HH income
- $46,028
- Composite
- 30.64/100
- National rank
- #11445
- State rank
- #949 of 1141 in TX
Livability — Daisetta
- Score
- 61/100
- State rank
- #978
- US rank
- #17350
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Daisetta, TX
- Population (ZIP)
- 1,133
Population outlook (Liberty County) Hauer SSP2
- Today (2025)
- 87,956 people
- By 2030
- 92,161 · +4.8%
- By 2040
- 100,784 · +14.6%
- By 2050
- 109,471 · +24.5%
- By 2075
- 133,470 · +51.7%
- By 2100
- 147,372 · +67.6%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (90%)
- Race & ethnicity
- White 90% Black 5% Hispanic / Latino 3% Two or more races 2%
- Common ancestry
- Lithuanian 9% Italian 2% Slovak 2%
- Foreign-born
- 1% · Canada
Political lean MEDSL · Liberty
- 2024 margin
- Solid R (+61.6) · D 19.0% · R 80.6%
- 2008→2024 swing
- -17.9pp toward R · 2008: -43.7pp · 2024: -61.6pp
- All cycles
- 2024: R+61.6 2020: R+59.7 2016: R+58.0 2012: R+53.3 2008: R+43.7
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- —
- Current HPI
- —
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-54.3% since first listed17 events — show timeline
- 2026-04-02 Price Changed $80,000 HARMLS
- 2026-03-09 Listed $89,900 HARMLS
- 2026-02-13 Sold (Public Records) — Public Records
- 2025-11-12 Sold (Public Records) $49,000 Public Records
- 2025-11-07 Listing Removed — HARMLS
- 2025-04-01 Relisted — HARMLS
- 2025-03-27 Pending — HARMLS
- 2025-03-17 Price Changed $149,500 HARMLS
- 2025-02-24 Price Changed $154,500 HARMLS
- 2025-01-15 Price Changed $159,000 HARMLS
- 2024-11-06 Price Changed $164,000 HARMLS
- 2024-10-24 Relisted — HARMLS
- 2024-10-17 Pending — HARMLS
- 2024-10-09 Price Changed $169,000 HARMLS
- 2024-09-10 Listed $175,000 HARMLS
- 2022-07-14 Sold (Public Records) — Public Records
- 2022-02-15 Sold (Public Records) — Public Records
Property tax history
+5.3%/yrLatest (2025): $1,815 · +2.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…