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1002 Orange St
B+ Composite 75.38
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 +30.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.0/10.0
  • Rent growth +3.5/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +2.4/10.0
  • Appreciation +0.0/10.0

$159,000

1002 Orange St · La Marque, TX 77568
4 bd · 1.0 ba · 1,770 sqft · SingleFamily public records · 248 Days on market
Built 1975 6,124 sqft lot $90/sqft · 18% below area Est $195k · 18% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

Key facts

  • 6,124 sq ft lot
  • Built 1975
  • Listed 247 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/1.0-bath single-family listed at $159k.

Deal economics

  • At list price, monthly cash flow is $597 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $159k).
  • Recommended offer: $140k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.3% vs local median 5.6% in La Marque — 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 59/100 on livability (#1,136 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, crime 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.
  • Market conditions: Rents rising (+4.0%/yr); 654 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).
  • This rent runs 36% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 + 4.0% rent growth), your $45k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 248 days — a 12% lower offer ($140k) is reasonable based on typical stale-listing flexibility.
  • 13 sale attempts since 23y ago; this cycle's ask is 9281% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $139,920 (12.0% below list)

Questions for the listing agent

  1. It's been on market 248 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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 F 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
1.40%
Cap rate
11.30%
Cash-on-cash
17.89%
DSCR
1.80
GRM
6.0

CMA / ARV

ARV (median comp)
$194,643
List price
$159,000
Delta
-18.31%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1131 Prune St 0.14mi 4/2.0 1,623 (-8%) 8mo $215,000 $132 69
1518 Oleander Dr 0.44mi 4/2.0 1,940 (+10%) 2mo $299,000 $154 58
1303 Red Bud Ln Ln 0.75mi 3/2.0 (-1) 1,796 (+2%) 4mo $170,000 $95 50
1510 Dalian St 0.46mi 4/2.0 1,900 (+7%) 16mo $319,900 $168 49
1628 Highway 3 0.36mi 3/2.0 (-1) 1,991 (+12%) 13mo $230,000 $116 42
310 Plum St 0.55mi 3/3.0 (-1) 1,956 (+10%) 5mo $260,000 $133 40
725 Avenue A 0.39mi 3/2.0 (-1) 1,520 (-14%) 12mo $244,777 $161 40
408 Cherry St 0.54mi 5/3.0 (+1) 2,014 (+14%) 3mo $259,995 $129 36
1010 Ross St 0.57mi 3/2.5 (-1) 1,520 (-14%) 3mo $269,000 $177 36
1827 Oleander Dr 0.67mi 4/2.0 1,569 (-11%) 14mo $196,900 $125 34
1906 Little St 0.75mi 4/2.0 1,520 (-14%) 9mo $90,000 $59 30
1309 Red Bud Ln 0.75mi 3/2.0 (-1) 2,027 (+14%) 22mo $159,000 $78 14

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 · 3.95% rent growth · sell at horizon

5-year hold
IRR
8.2%
Equity multiple
1.33×
Total profit
$14,490
Equity at exit
$23,707
10-year hold
IRR
18.3%
Equity multiple
2.59×
Total profit
$70,867
Equity at exit
$13,747

Cash invested: $44,520 (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.

ZIP-level market 77568

Home prices YoY
-22.7%
Rents YoY
4.0%
Active inventory
654
Price-to-rent
6.0×

Monthly cashflow live

Estimated rent
$2,225 medium interval (Pro) →
Mortgage (P&I)
$834
Tax from tax record
$194 /mo · $2,327/yr
Insurance
$66
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$467
Net cashflow
$597

Break-even live

Break-even rent $1,469
Max offer price $159,000
Occupancy floor 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
$39,750
Closing costs
$4,770
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.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1029 Sycamore St La Marque, TX 3.0 2.0 1928 $1,695 $0.88 15d 1 0.58mi
105 Plum St La Marque, TX 4.0 1.5 1329 $2,100 $1.58 3d 1 0.71mi
1230 Kirsten St La Marque, TX 3.0 2.0 1704 $1,660 $0.97 3d 1 1.01mi
1401 Austin St La Marque, TX 4.0 3.0 1542 $2,400 $1.56 44d 1 1.34mi

Listing history 50 events

  1. 2026-06-18
    days on market $159,000 Active 248 DOM
  2. 2026-06-17
    days on market $159,000 Active 247 DOM
  3. 2026-06-16
    days on market $159,000 Active 246 DOM
  4. 2026-06-15
    days on market $159,000 Active 245 DOM
  5. 2026-06-13
    days on market $159,000 Active 243 DOM
  6. 2026-06-09
    days on market $159,000 Active 239 DOM
  7. 2026-06-03
    days on market $159,000 Active 238 DOM
  8. 2026-06-02
    days on market $159,000 Active 237 DOM
  9. 2026-06-01
    days on market $159,000 Active 236 DOM
  10. 2026-05-31
    days on market $159,000 Active 235 DOM
  11. 2026-05-03
    listed $1,695
  12. 2026-05-02
    status Active 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  13. 2026-05-02
    price $159,000 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  14. 2026-04-10
    status Pending 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  15. 2026-04-05
    status Pending 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  16. 2026-04-05
    status Pending 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  17. 2026-03-27
    status Pending 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  18. 2026-03-25
    historical $1,595
  19. 2026-03-12
    listed $1,595
  20. 2026-03-11
    price $149,000 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  21. 2026-02-01
    status Active 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  22. 2026-01-31
    historical 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  23. 2025-12-02
    price $159,000 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  24. 2025-11-15
    price $165,000 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  25. 2025-09-24
    price $174,000 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  26. 2025-09-14
    listed $184,000 Active 112-char remark
    Show marketing remark (112 chars)

    Come see this cute house! Fresh paint and new carpet. Ready to move in! This would also make an great rental.

  27. 2019-03-04
    soldstatus
  28. 2019-01-29
    historical
  29. 2018-12-28
    price $114,500
  30. 2018-11-29
    status Active
  31. 2018-11-19
    status Pending, Continue to Show
  32. 2018-11-17
    status Option Pending
  33. 2018-10-24
    status Active
  34. 2018-10-17
    status Option Pending
  35. 2018-10-02
    price $119,500
  36. 2018-09-21
    price $124,900
  37. 2018-09-01
    price $129,900
  38. 2018-08-27
    listed $134,500 Active
  39. 2012-07-16
    soldstatus
  40. 2012-06-18
    soldstatus
  41. 2012-05-29
    historical
  42. 2012-05-09
    listed $21,500
  43. 2012-03-23
    historical
  44. 2012-01-20
    listed $27,900
  45. 2008-03-12
    historical
  46. 2008-02-25
    listed $89,900
  47. 2008-02-18
    historical
  48. 2007-12-01
    listed $89,900
  49. 2006-09-15
    soldstatus
  50. 2003-12-04
    historical

ⓘ 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
$2,327 · $194/mo
Projected year-2 tax
$2,910 · $242/mo
Expected delta
+$583/yr (+$49/mo · 25.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X · 60% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
  • 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 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
$26,698
− Mortgage interest
−$8,906
− Property taxes
−$2,327
− Insurance
−$1,592
− Repairs & maintenance
−$2,136
− Management
−$2,136
− Depreciation
−$4,625
Taxable income
$4,975
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,194
After-tax cash flow
$5,972/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 — La Marque

Score
59/100
State rank
#1136
US rank
#20037

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
La Marque, TX
County
Galveston County · 357,330 people
City population
23,083
Metro
Houston-The Woodlands-Sugar Land, TX
Population (ZIP)
23,083
Household income
$74,694
Rent vs Own
28.0% rent · 72.0% own
Severe rent burden
700.0

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
Highly diverse neighborhood (Simpson 0.71)
Race & ethnicity
White 37% Hispanic / Latino 29% Black 26% Two or more races 17% Asian 3%
Hispanic origin (detail)
Mexican 22% Puerto Rican 1%
Common ancestry
Lithuanian 1% Italian 1% Serbian 1%
Foreign-born
8% · Canada
Languages at home
77% English-only · Spanish 21% Tagalog/Filipino 1% Other Asian/Pacific 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
▼ -69.39%
Current HPI
236.0239
Rent YoY
▲ 3.95%
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

Price history

-96.6% since first listed
42 events — show timeline
  • 2026-05-03 Listed for Rent $1,695 HARMLS
  • 2026-05-02 Relisted HARMLS
  • 2026-05-02 Price Changed $159,000 HARMLS
  • 2026-04-10 Pending HARMLS
  • 2026-04-05 Pending HARMLS
  • 2026-04-05 Pending HARMLS
  • 2026-03-27 Pending HARMLS
  • 2026-03-25 Rental Removed $1,595 HARMLS
  • 2026-03-12 Listed for Rent $1,595 HARMLS
  • 2026-03-11 Price Changed $149,000 HARMLS
  • 2026-02-01 Relisted HARMLS
  • 2026-01-31 Listing Removed HARMLS
  • 2025-12-02 Price Changed $159,000 HARMLS
  • 2025-11-15 Price Changed $165,000 HARMLS
  • 2025-09-24 Price Changed $174,000 HARMLS
  • 2025-09-14 Listed $184,000 HARMLS
  • 2019-03-04 Sold (Public Records) Public Records
  • 2019-01-29 Listing Removed HARMLS
  • 2018-12-28 Price Changed $114,500 HARMLS
  • 2018-11-29 Relisted HARMLS
  • 2018-11-19 Pending HARMLS
  • 2018-11-17 Pending HARMLS
  • 2018-10-24 Relisted HARMLS
  • 2018-10-17 Pending HARMLS
  • 2018-10-02 Price Changed $119,500 HARMLS
  • 2018-09-21 Price Changed $124,900 HARMLS
  • 2018-09-01 Price Changed $129,900 HARMLS
  • 2018-08-27 Listed $134,500 HARMLS
  • 2012-07-16 Sold (Public Records) Public Records
  • 2012-06-18 Sold (MLS) HARMLS
  • 2012-05-29 Listing Removed HARMLS
  • 2012-05-09 Listed $21,500 HARMLS
  • 2012-03-23 Listing Removed HARMLS
  • 2012-01-20 Listed $27,900 HARMLS
  • 2008-03-12 Listing Removed HARMLS
  • 2008-02-25 Listed $89,900 HARMLS
  • 2008-02-18 Listing Removed HARMLS
  • 2007-12-01 Listed $89,900 HARMLS
  • 2006-09-15 Sold (Public Records) Public Records
  • 2003-12-04 Listing Removed HARMLS
  • 2003-07-20 Listed $49,400 HARMLS
  • 1999-05-13 Sold (Public Records) Public Records

Property tax history

+15.3%/yr

Latest (2025): $2,327 · +13.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…