1706 12th St · Galena Park, TX 77547

$194,990

2 bd · 1.0 ba · 949 sqft · SingleFamily public records · 22 Days on market

Built 1950 5,375 sqft lot $205/sqft · 62% above area Est $182k · 7% over ↓ 15% since listing

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Why this score? — see what drove the F 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).

• Appreciation +7.5/10.0
• Cash flow +4.3/30.0
• ARV discount +4.3/15.0
• Livability +3.4/5.0
• Schools +2.8/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.7/10.0
• DSCR +0.0/10.0

Listing remarks

Fully renovated 4-bedroom, 2-bath home with dedicated office in Galena Park! This top-to-bottom remodel features a new roof, new HVAC system, foundation work, updated electrical, new windows, blown-in insulation, and fresh interior and exterior paint. Enjoy an open-concept layout with a reconfigured kitchen showcasing white shaker cabinets, contrasting island, quartz countertops, subway tile backsplash, stainless steel appliances, and recessed lighting. Both bathrooms are completely updated with modern tile, new vanities, fixtures, and glass shower enclosure. New vinyl flooring, interior doors, baseboards, lighting, and hardware throughout. Exterior improvements include siding repairs, fres

Key facts

• Updated electrical
• Foundation work
• Dedicated office

Tags

• DEDICATED OFFICE
• NEW ROOF
• NEW HVAC SYSTEM
• FOUNDATION WORK
• UPDATED ELECTRICAL
• NEW WINDOWS

Property features AI

Exterior

• Parking: Detached carport; Driveway; Carport (1 space)
• Utilities: Public water; Public sewer
• Home design: Residential property; Single-level entry (first-floor living)
• Construction: Built in 1950; Cement siding; Composition roof; Slab foundation
• Exterior features: Subdivision lot

Interior

• Kitchen: Dishwasher; Electric cooktop; Electric oven; Electric range; Gas cooktop; Microwave
• Bedrooms: Primary bedroom on the first floor (approx. 10 x 15); Bedroom on the first floor (approx. 9 x 11); Bedroom on the first floor (approx. 10 x 10); Bedroom on the first floor (approx. 10 x 10)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric and gas); Central air conditioning (electric and gas)
• Interior features: Dishwasher; Electric cooktop; Electric oven; Electric range; Gas cooktop; Microwave

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $195k.

Deal economics

• At list price, monthly cash flow is $-519 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $103k (47.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $110k (43.4% below list).
• Recommended offer: $103k (47.1% below list) — sets the bar for cash-flow.
• Cap rate 3.1% vs local median 4.1% in Galena Park — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

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: Macarthur El (math 40% / reading 33%, grade F, #1,883 of 4,322 statewide, top 44%, 614 students, 89% 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; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 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 $11k of equity ($1k loan paydown + $10k 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 4, 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 22 days — a 2% lower offer ($192k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; 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 $103,234 (47.1% 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. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.57% ✗
• Cap rate: 3.10%
• Cash-on-cash: -11.42%
• DSCR: 0.49
• GRM: 14.7

CMA / ARV

• ARV (median comp): $182,171
• List price: $194,990
• Delta: 7.04%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1304 Pugh Dr	0.40mi	2/1.0	955 (+1%)	5mo	$194,000	$203	76
2106 6th St	0.42mi	3/1.0 (+1)	936 (-1%)	1mo	$140,000	$150	73
1705 13th St	0.08mi	3/2.0 (+1)	1,011 (+6%)	10mo	$175,000	$173	68
1512 12th St	0.16mi	3/1.0 (+1)	1,052 (+11%)	2mo	$185,000	$176	67
1106 11th St	0.46mi	2/1.0	970 (+2%)	13mo	$80,000	$82	64
1117 16th St	0.51mi	3/2.0 (+1)	920 (-3%)	5mo	$168,000	$183	58
1407 Craig Dr	0.54mi	2/1.0	872 (-8%)	10mo	$161,500	$185	52
2105 12th St	0.31mi	2/1.5	810 (-15%)	10mo	$163,000	$201	51
810 Eastway St	0.22mi	3/1.0 (+1)	1,085 (+14%)	12mo	$199,900	$184	50
1706 Holland Ave	0.40mi	2/1.0	808 (-15%)	19mo	$174,999	$217	41
2219 8th St	0.54mi	3/1.0 (+1)	1,080 (+14%)	12mo	$140,000	$130	36
1007 13th St	0.51mi	2/1.0	1,088 (+15%)	20mo	$120,000	$110	35

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: 3.2%
• Equity multiple: 1.21×
• Total profit: $11,474
• Equity at exit: $110,040

10-year hold

• IRR: 6.2%
• Equity multiple: 2.17×
• Total profit: $63,615
• Equity at exit: $189,536

Cash invested: $54,597 (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: 14.7×

Monthly cashflow live

• Estimated rent: $1,105 high
• Mortgage (P&I): −$1,023
• Tax from tax record: −$288 /mo · $3,459/yr
• Insurance: −$81
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $-519

Break-even live

Break-even rent $1,762

Max offer price $103,234

Occupancy floor —

Sensitivity live

Price	-10% $-409	-5% $-464	+0% $-519	+5% $-575	+10% $-630
Rent	-10% $-607	-5% $-563	+0% $-519	+5% $-476	+10% $-432
Rate	-1.0pp $-421	-0.5pp $-470	base $-519	+0.5pp $-570	+1.0pp $-621

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: $48,748
• Closing costs: $5,850
• Reserves months: —
• Total cash needed: —

Rent comps 7 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	0.94mi
403 Armstrong St Houston, TX	3.0	2.0	909	$1,399	$1.54	0d	1	1.00mi
335 Delaware St Houston, TX	2.0	1.0	784	$940	$1.20	14d	1	1.01mi
9743 Veyblum St Unit B Houston, TX	3.0	2.0	872	$1,145	$1.31	6d	1	1.19mi
9713 Stedman St Unit b Houston, TX	3.0	2.0	872	$1,095	$1.26	45d	1	1.31mi
1726 Switzer St Unit 4 Houston, TX	1.0	1.0	620	$500	$0.81	21d	1	1.48mi
1726 Switzer St Houston, TX	1.0	1.0	620	$500	$0.81	16d	1	1.48mi

Listing history 14 events

1. 2026-06-04
   days on market $194,990 Pending 22 DOM
2. 2026-06-03
   days on market $194,990 Pending 21 DOM
3. 2026-06-02
   statusdays on market $194,990 Pending 20 DOM
4. 2026-06-01
   days on market $194,990 Active 19 DOM
5. 2026-05-31
   days on market $194,990 Active 18 DOM
6. 2026-05-13
   historical
7. 2026-05-13
   listed $194,990 Active 854-char remark
8. 2026-04-19
   price $195,000
9. 2026-03-26
   price $209,000
10. 2026-03-15
    price $217,500
11. 2026-02-11
    listed $229,000 Active
12. 2025-09-09
    soldstatus
13. 2016-08-10
    soldstatus
14. 1988-06-18
    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: $3,459 · $288/mo
• Projected year-2 tax: $3,568 · $297/mo
• Expected delta: +$109/yr (+$9/mo · 3.2%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 49% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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: $13,255
• − Mortgage interest: −$10,922
• − Property taxes: −$3,459
• − Insurance: −$975
• − Repairs & maintenance: −$1,060
• − Management: −$1,060
• − Depreciation: −$5,672
• Taxable loss: −$9,895
• Est. tax savings @ 24.0%: +$2,375
• After-tax cash flow: $-3,858/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

-14.9% since first listed

11 events — show timeline

• 2026-06-05 Pending — HARMLS
• 2026-06-02 Pending — HARMLS
• 2026-05-13 Listing Removed — HARMLS
• 2026-05-13 Listed $194,990 HARMLS
• 2026-04-19 Price Changed $195,000 HARMLS
• 2026-03-26 Price Changed $209,000 HARMLS
• 2026-03-15 Price Changed $217,500 HARMLS
• 2026-02-11 Listed $229,000 HARMLS
• 2025-09-09 Sold (Public Records) — Public Records
• 2016-08-10 Sold (Public Records) — Public Records
• 1988-06-18 Sold (Public Records) — Public Records

Property tax history

+4.6%/yr

Latest (2025): $3,459 · +6.5% YoY. Source: county tax records.