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1033 Clairmont Dr
A- Composite 81.67
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 +14.6/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +5.5/10.0
  • Rent growth +3.9/5.0
  • Livability +3.6/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0

$70,000

1033 Clairmont Dr · Orange, TX 77630
3 bd · 1.0 ba · 1,406 sqft · SingleFamily public records · 162 Days on market
Built 1955 $50/sqft · 16% below area Est $83k · 16% under ↓ 12% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Calling all investors, visionaries, and handy homeowners! This three-bedroom, one bathroom home with a one car garage and bonus flex room is bursting with potential and ready for your personal touch! Whether you’re looking to renovate and flip, add to your rental portfolio, or create your dream home from the ground up, this property is the perfect canvas. Inside, you’ll find a flexible floor plan, including a versatile bonus room ideal for a home office, game room, or second living area. Situated on a generously sized lot, this is a fantastic opportunity to transform this diamond in the rough into something truly special. Bring your creativity and schedule your showing today! Situated on a generously sized lot with room to expand or landscape, this is a fantastic opportunity for someone with a vision and a toolbox. Whether you’re dreaming of a cozy starter home or your next investment project, this one checks the boxes.

Key facts

  • Generously sized lot
  • Versatile bonus room
  • Garage

Tags

GENEROUSLY SIZED LOTVERSATILE BONUS ROOM

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 3-bed/1.0-bath single-family listed at $70k.

Deal economics

  • At list price, monthly cash flow is $512 ($6k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $70k).
  • Recommended offer: $62k (12.0% below list) — sets the bar for market timing.
  • Cap rate 16.2% vs local median 3.9% in Orange — 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 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-.
  • West Orange-Cove CISD (suburban): math 17% / reading 21% proficiency, ranked #784 of 826 in TX (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.7%/yr); 337 active listings in the ZIP; 15 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($484 loan paydown + $707 appreciation (1.0% local appreciation)).
  • Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (1.0% appreciation + 5.7% rent growth), your $20k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 162 days — a 12% lower offer ($62k) 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; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $61,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 162 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 1955 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
2.11%
Cap rate
16.22%
Cash-on-cash
35.44%
DSCR
2.58
GRM
3.9

CMA / ARV

ARV (median comp)
$83,114
List price
$70,000
Delta
-15.78%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2241 Cross Ln 0.20mi 3/2.0 1,571 (+12%) 1mo $28,999 $18 66
2324 Manley Cir 0.64mi 3/1.5 1,360 (-3%) 5mo $129,900 $96 59
2109 N 3rd St 0.72mi 3/2.0 1,344 (-4%) 10mo $64,500 $48 47
2001 Rio Grande Pl 0.45mi 3/2.0 1,539 (+10%) 20mo $59,999 $39 42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.01% appreciation · 5.71% rent growth · sell at horizon

5-year hold
IRR
36.7%
Equity multiple
2.95×
Total profit
$38,242
Equity at exit
$23,933
10-year hold
IRR
40.5%
Equity multiple
6.46×
Total profit
$106,987
Equity at exit
$31,833

Cash invested: $19,600 (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 77630

Home prices YoY
0.4%
Rents YoY
5.7%
Active inventory
337
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$1,479 high interval (Pro) →
Mortgage (P&I)
$367
Tax from tax record
$193 /mo · $2,316/yr
Insurance
$29
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$310
Net cashflow
$512

Break-even live

Break-even rent $830
Max offer price $70,000
Occupancy floor 60%

Sensitivity live

Price -10% $552 -5% $532 +0% $512 +5% $493 +10% $473
Rent -10% $396 -5% $454 +0% $512 +5% $571 +10% $629
Rate -1.0pp $548 -0.5pp $530 base $512 +0.5pp $494 +1.0pp $476

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
$17,500
Closing costs
$2,100
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 15 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1030 Clairmont Dr Orange, TX 3.0 2.0 1372 $1,850 $1.35 22d 1 0.03mi
1019 Ruby Ln Orange, TX 2.0 1.0 1243 $1,100 $0.88 14d 1 0.16mi
9 W Eads Ave Orange, TX 3.0 2.0 1255 $1,400 $1.12 44d 1 0.18mi
3 Pacific Cir Orange, TX 4.0 1.0 1361 $1,500 $1.10 22d 1 0.20mi
2309 7th St Orange, TX 3.0 1.0 1036 $995 $0.96 14d 1 0.31mi
1205 Wrenway Orange, TX 4.0 2.0 1551 $1,775 $1.14 14d 1 0.38mi
1500 Link Ave Orange, TX 1.0–2.0 1.0–1.5 1082 $1,050 $0.97 14d 1 0.54mi
2208 Monterrey Dr Orange, TX 3.0 1.0 1132 $1,200 $1.06 44d 1 0.59mi
1907 Walnut Ave Orange, TX 3.0 1.5 1360 $1,475 $1.08 14d 1 0.80mi
3901 Beverly Ave Orange, TX 3.0 2.0 1359 $1,500 $1.10 14d 1 0.84mi
1117 18th St Orange, TX 4.0 2.0 1716 $1,500 $0.87 44d 1 0.97mi
1885 E Farragut Ave Orange, TX 1.0–3.0 1.0–2.5 1023 $1,049 $1.02 14d 9 0.98mi
1010 N 16th St Orange, TX 3.0 1.5 1100 $1,500 $1.36 44d 1 1.07mi
2801 W Sunset Dr Orange, TX 1.0–3.0 1.0–2.0 1113 $1,400 $1.26 14d 27 1.08mi
4417 Willowglen St Orange, TX 3.0 2.0 1658 $1,650 $1.00 14d 1 1.13mi

Listing history 18 events

  1. 2026-06-18
    days on market $70,000 Active 162 DOM
  2. 2026-06-17
    days on market $70,000 Active 161 DOM
  3. 2026-06-16
    days on market $70,000 Active 160 DOM
  4. 2026-06-15
    days on market $70,000 Active 159 DOM
  5. 2026-06-14
    days on market $70,000 Active 157 DOM
  6. 2026-06-13
    days on market $70,000 Active 156 DOM
  7. 2026-06-10
    days on market $70,000 Active 154 DOM
  8. 2026-06-09
    days on market $70,000 Active 153 DOM
  9. 2026-06-08
    days on market $70,000 Active 152 DOM
  10. 2026-06-07
    days on market $70,000 Active 151 DOM
  11. 2026-06-03
    days on market $70,000 Active 147 DOM
  12. 2026-06-02
    days on market $70,000 Active 146 DOM
  13. 2026-06-01
    days on market $70,000 Active 145 DOM
  14. 2026-05-31
    days on market $70,000 Active 144 DOM
  15. 2026-05-30
    days on market $70,000 Active 143 DOM
  16. 2026-01-29
    price $70,000 953-char remark
    Show marketing remark (953 chars)

    Calling all investors, visionaries, and handy homeowners! This three-bedroom, one bathroom home with a one car garage and bonus flex room is bursting with potential and ready for your personal touch! Whether you’re looking to renovate and flip, add to your rental portfolio, or create your dream home from the ground up, this property is the perfect canvas. Inside, you’ll find a flexible floor plan, including a versatile bonus room ideal for a home office, game room, or second living area. Situated on a generously sized lot, this is a fantastic opportunity to transform this diamond in the rough into something truly special. Bring your creativity and schedule your showing today! Situated on a generously sized lot with room to expand or landscape, this is a fantastic opportunity for someone with a vision and a toolbox. Whether you’re dreaming of a cozy starter home or your next investment project, this one checks the boxes.

  17. 2026-01-07
    listed $80,000 Active 953-char remark
    Show marketing remark (953 chars)

    Calling all investors, visionaries, and handy homeowners! This three-bedroom, one bathroom home with a one car garage and bonus flex room is bursting with potential and ready for your personal touch! Whether you’re looking to renovate and flip, add to your rental portfolio, or create your dream home from the ground up, this property is the perfect canvas. Inside, you’ll find a flexible floor plan, including a versatile bonus room ideal for a home office, game room, or second living area. Situated on a generously sized lot, this is a fantastic opportunity to transform this diamond in the rough into something truly special. Bring your creativity and schedule your showing today! Situated on a generously sized lot with room to expand or landscape, this is a fantastic opportunity for someone with a vision and a toolbox. Whether you’re dreaming of a cozy starter home or your next investment project, this one checks the boxes.

  18. 2020-09-09
    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
$2,316 · $193/mo
Projected year-2 tax
$2,316 · $193/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 7/10 Severe FEMA zone X (shaded) · 71% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,742
− Mortgage interest
−$3,921
− Property taxes
−$2,316
− Insurance
−$1,148
− Repairs & maintenance
−$1,419
− Management
−$1,419
− Depreciation
−$2,036
Taxable income
$5,483
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,316
After-tax cash flow
$4,832/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
West Orange-Cove CISD
NCES district ID
4845090
Math proficiency
17% ▼ -7.00%
Reading proficiency
21% ▼ -2.00%
Median HH income
$37,329
Composite
15.86/100
National rank
#9260
State rank
#784 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

Census place
Orange, TX
County
Orange County · 87,112 people
City population
22,976
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
28,983
Household income
$64,373
Rent vs Own
32.2% rent · 67.8% own
Severe rent burden
1018.0

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
Majority White (64%)
Race & ethnicity
White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 13% Italian 1% Slovak 1%
Foreign-born
5% · Canada
Languages at home
91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%

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
▲ 1.01%
Current HPI
264.14
Rent YoY
▲ 5.71%
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

Price history

-12.5% since first listed
3 events — show timeline
  • 2026-01-29 Price Changed $70,000 BBOR
  • 2026-01-07 Listed $80,000 BBOR
  • 2020-09-09 Sold (Public Records) Public Records

Property tax history

+6.7%/yr

Latest (2025): $2,316 · +5.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…