2506 6th St · Galena Park, TX 77547

$149,900

3 bd · 1.0 ba · 918 sqft · SingleFamily public records · 54 Days on market

Built 1951 4,321 sqft lot $163/sqft · at area comps Est $148k · at est.

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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).

• Cash flow +8.1/30.0
• Appreciation +7.5/10.0
• ARV discount +6.9/15.0
• 1% rule +3.8/10.0
• Livability +3.4/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.2/10.0

Listing remarks

Welcome to 2506 6th Street in Galena Park! This charming 3-bedroom, 1.-bathroom home is ready for you to move in and make it your own. Roof replaced and brand-new HVAC This property offers a cozy and modern living space in a desirable neighborhood. Don't miss out on the opportunity to call for your new home sweet home! House has NOT FLOODED!

Key facts

• 4,321 sq ft lot
• Garage
• Built 1951

Property features AI

Exterior

• Parking: Attached garage (1 space)
• Utilities: Public water; Public sewer
• Home design: Residential property; Single-story (first floor living)
• Construction: Vinyl siding; Composition roof; Slab foundation; Built in 1951
• Exterior features: Fenced backyard; Cleared lot; Concrete road frontage

Interior

• Kitchen: Refrigerator
• Bedrooms: Primary bedroom (first floor); Bedroom (first floor); Bedroom (first floor)
• Flooring: Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (gas); Central air conditioning (electric)
• Interior features: Ceiling fan(s)
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-145 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $124k (17.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $131k (12.4% below list).
• Recommended offer: $124k (17.1% below list) — sets the bar for cash-flow.
• Cap rate 5.1% vs local median 4.1% in Galena Park — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

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: Galena Park El (math 31% / reading 36%, grade F, #2,174 of 4,322 statewide, top 51%, 597 students, 88% 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; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); 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 ($1k 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.
• By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($145k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 7y 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

• Watch-outs: property tax is 2.7% of price; built in 1951 — 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.

Recommended offer $124,303 (17.1% 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 54 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
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: 0.88% ✗
• Cap rate: 5.13%
• Cash-on-cash: -4.14%
• DSCR: 0.82
• GRM: 9.5

CMA / ARV

• ARV (median comp): $147,951
• List price: $149,900
• Delta: 1.32%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
506 Sage Dr	0.04mi	2/1.0 (-1)	1,008 (+10%)	4mo	$137,000	$136	74
2106 6th St	0.50mi	3/1.0	936 (+2%)	1mo	$140,000	$150	73
1304 Pugh Dr	0.55mi	2/1.0 (-1)	955 (+4%)	5mo	$194,000	$203	58
1407 Craig Dr	0.50mi	2/1.0 (-1)	872 (-5%)	10mo	$161,500	$185	55
2107 7th St	0.51mi	2/1.0 (-1)	889 (-3%)	21mo	$140,000	$157	48
153 De Haven St	0.52mi	2/1.0 (-1)	880 (-4%)	23mo	$150,000	$170	45
2105 12th St	0.59mi	2/1.5 (-1)	810 (-12%)	10mo	$163,000	$201	38

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: 9.3%
• Equity multiple: 1.60×
• Total profit: $25,100
• Equity at exit: $84,594

10-year hold

• IRR: 11.0%
• Equity multiple: 3.01×
• Total profit: $84,254
• Equity at exit: $145,707

Cash invested: $41,972 (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: 9.5×

Monthly cashflow live

• Estimated rent: $1,314 high
• Mortgage (P&I): −$786
• Tax from tax record: −$334 /mo · $4,010/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$276
• Net cashflow: $-145

Break-even live

Break-even rent $1,497

Max offer price $124,303

Occupancy floor —

Sensitivity live

Price	-10% $-60	-5% $-102	+0% $-145	+5% $-187	+10% $-230
Rent	-10% $-249	-5% $-197	+0% $-145	+5% $-93	+10% $-41
Rate	-1.0pp $-69	-0.5pp $-107	base $-145	+0.5pp $-184	+1.0pp $-223

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
423 Armstrong St Houston, TX	3.0	2.0	1090	$1,499	$1.38	0d	1	0.12mi
403 Armstrong St Houston, TX	3.0	2.0	909	$1,399	$1.54	0d	1	0.19mi
335 Delaware St Houston, TX	2.0	1.0	784	$940	$1.20	14d	1	0.23mi
9743 Veyblum St Unit B Houston, TX	3.0	2.0	872	$1,145	$1.31	7d	1	0.93mi
9713 Stedman St Unit b Houston, TX	3.0	2.0	872	$1,095	$1.26	45d	1	1.08mi

Listing history 40 events

1. 2026-06-21
   days on market $149,900 Active 54 DOM
2. 2026-06-18
   days on market $149,900 Active 51 DOM
3. 2026-06-17
   days on market $149,900 Active 50 DOM
4. 2026-06-16
   days on market $149,900 Active 49 DOM
5. 2026-06-15
   days on market $149,900 Active 48 DOM
6. 2026-06-13
   days on market $149,900 Active 46 DOM
7. 2026-06-13
   days on market $149,900 Active 45 DOM
8. 2026-06-09
   days on market $149,900 Active 42 DOM
9. 2026-06-08
   days on market $149,900 Active 41 DOM
10. 2026-06-07
    days on market $149,900 Active 40 DOM
11. 2026-06-04
    days on market $149,900 Active 37 DOM
12. 2026-06-03
    days on market $149,900 Active 36 DOM
13. 2026-06-02
    days on market $149,900 Active 35 DOM
14. 2026-06-01
    days on market $149,900 Active 34 DOM
15. 2026-05-31
    days on market $149,900 Active 33 DOM
16. 2026-04-28
    listed $149,900 Active 343-char remark
17. 2026-04-13
    historical
18. 2025-05-16
    listed $155,000 Active
19. 2025-05-16
    historical
20. 2025-03-31
    price $165,000
21. 2025-01-07
    listed $170,000 Active
22. 2025-01-07
    historical
23. 2024-09-16
    price $185,999
24. 2024-08-24
    listed $195,999 Active
25. 2024-08-20
    historical
26. 2024-06-24
    listed $189,999 Active
27. 2024-06-24
    historical
28. 2024-02-02
    listed $199,999 Active
29. 2023-11-01
    historical
30. 2023-04-17
    price $205,000
31. 2023-01-26
    listed $185,000 Active
32. 2023-01-26
    historical
33. 2022-09-06
    price $195,000
34. 2022-04-29
    listed $205,000 Active
35. 2019-10-16
    soldstatus
36. 2019-10-15
    soldstatus Sold
37. 2019-10-04
    status Pending
38. 2019-09-27
    listed $74,900 Active
39. 2019-08-22
    soldstatus
40. 1988-01-02
    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: $4,010 · $334/mo
• Projected year-2 tax: $4,010 · $334/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 · 24 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: $15,764
• − Mortgage interest: −$8,397
• − Property taxes: −$4,010
• − Insurance: −$750
• − Repairs & maintenance: −$1,261
• − Management: −$1,261
• − Depreciation: −$4,361
• Taxable loss: −$4,275
• Est. tax savings @ 24.0%: +$1,026
• After-tax cash flow: $-713/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

+100.1% since first listed

25 events — show timeline

• 2026-04-28 Listed $149,900 HARMLS
• 2026-04-13 Listing Removed — HARMLS
• 2025-05-16 Listing Removed — HARMLS
• 2025-05-16 Listed $155,000 HARMLS
• 2025-03-31 Price Changed $165,000 HARMLS
• 2025-01-07 Listing Removed — HARMLS
• 2025-01-07 Listed $170,000 HARMLS
• 2024-09-16 Price Changed $185,999 HARMLS
• 2024-08-24 Listed $195,999 HARMLS
• 2024-08-20 Listing Removed — HARMLS
• 2024-06-24 Listing Removed — HARMLS
• 2024-06-24 Listed $189,999 HARMLS
• 2024-02-02 Listed $199,999 HARMLS
• 2023-11-01 Listing Removed — HARMLS
• 2023-04-17 Price Changed $205,000 HARMLS
• 2023-01-26 Listing Removed — HARMLS
• 2023-01-26 Listed $185,000 HARMLS
• 2022-09-06 Price Changed $195,000 HARMLS
• 2022-04-29 Listed $205,000 HARMLS
• 2019-10-16 Sold (Public Records) — Public Records
• 2019-10-15 Sold (MLS) — HARMLS
• 2019-10-04 Pending — HARMLS
• 2019-09-27 Listed $74,900 HARMLS
• 2019-08-22 Sold (Public Records) — Public Records
• 1988-01-02 Sold (Public Records) — Public Records

Property tax history

+8.4%/yr

Latest (2025): $4,010 · -3.2% YoY. Source: county tax records.