150 Gary St · Bridge City, TX 77611

$150,000

4 bd · 1.5 ba · 1,830 sqft · SingleFamily public records · 54 Days on market

Built 1965 0.50 ac lot $82/sqft · 33% below area Est $223k · 33% under

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Why this score? — see what drove the C+ 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 +22.8/30.0
• ARV discount +15.0/15.0
• DSCR +7.3/10.0
• 1% rule +6.9/10.0
• Schools +4.0/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

You will never rent again when you purchase this brick home in the Bridge City School District. This 4 bedroom, 1 1/2 bath house has plenty of room for the growing family. Oversized Kitchen /Dining area with plenty of room to gather in and cook that favorite meal. Appliances updated (2009) . Relax and enjoy your family in the nice size living room. Throughout the house is tile and carpet. 1 car garage and a detached garage. Extra covered parking could be used to park an RV. Fenced yard. Shallow well for watering. Close to schools, restaurants and shopping. Make your appointment today and view this "move in ready" "pride of ownership" house. Refrigerator does not stay but is for sale.

Key facts

• Generous lot
• Mature surroundings
• Convenient access

Tags

• SINGLE-STORY RESIDENCE
• FUNCTIONAL LAYOUT
• GENEROUS LOT
• MATURE SURROUNDINGS
• CONVENIENT ACCESS
• PUBLIC WATER AND SEWER

Property features AI

Finance

• Other: Listing broker: Realty Right
• Financial info:
• HOA & community:

Exterior

• Parking:
• Security:
• Utilities: Public water; Public sewer
• Home design: Residential property; Single-story living (rooms listed on first floor); Built in 1965
• Construction: Wood siding exterior; Composition roof; Slab foundation
• Exterior features: Lot approximately 0.503 acre; Lot size about 21,911 square feet; Other lot features

Interior

• Kitchen:
• Bedrooms: Multiple bedrooms on the first floor
• Flooring:
• Bathrooms: 1 full bathroom; 1 half bathroom (first floor)
• Heating & cooling: Central heating (gas); Central air conditioning (gas)
• Interior features: 6 total rooms
• Laundry & utility:

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $-165 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $121k (19.5% below list).
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $121k (19.5% below list) — sets the bar for cash-flow.
• Cap rate 8.4% vs local median 2.2% in Bridge City — 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 72/100 on livability (#251 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: amenities F, commute F.
• Bridge City ISD (other): math 41% / reading 51% proficiency, ranked #224 of 826 in TX (top 27%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Bridge City El (843 students, 50% FRL); Bridge City Middle (math 34% / reading 46%, grade F, #646 of 1,662 statewide, top 40%, 695 students, 40% FRL); Bridge City H S (math 42% / reading 66%, grade C-, #422 of 1,632 statewide, top 26%, 894 students, 34% FRL) — zoned schools at 41% FRL track the district average.
• Market conditions: 125 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 16d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($146k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 11y ago; this cycle's ask has dropped $25k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $120,778 (19.5% 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 19% concession, seller financing, or rate buy-down credit?
3. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.19% ✓
• Cap rate: 8.38%
• Cash-on-cash: 7.46%
• DSCR: 1.33
• GRM: 7.0

CMA / ARV

• ARV (median comp): $222,852
• List price: $150,000
• Delta: -28.20%
• Verdict: UNDERPRICED
• Comps: 14 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
106 Mockingbird Ln	0.17mi	3/2.0 (-1)	1,965 (+7%)	1mo	$299,900	$153	72
240 Berwick Dr	0.72mi	3/2.0 (-1)	1,804 (-1%)	7mo	$229,900	$127	51

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

5-year hold

• IRR: -24.0%
• Equity multiple: 0.18×
• Total profit: $-34,486
• Equity at exit: $22,365

10-year hold

• IRR: -18.3%
• Equity multiple: -0.00×
• Total profit: $-42,148
• Equity at exit: $12,969

Cash invested: $42,000 (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 77611

• Active inventory: 125
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,781 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$297 /mo · $3,565/yr
• Insurance: −$62
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$374
• Net cashflow: $-165

Break-even live

Break-even rent $1,991

Max offer price $120,778

Occupancy floor —

Sensitivity live

Price	-10% $-81	-5% $-123	+0% $-165	+5% $-208	+10% $-250
Rent	-10% $-306	-5% $-236	+0% $-165	+5% $-95	+10% $-25
Rate	-1.0pp $-90	-0.5pp $-127	base $-165	+0.5pp $-204	+1.0pp $-244

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
516 Shannons Way Bridge City, TX	3.0	2.0	1800	$1,800	$1.00	15d	1	0.59mi
2201 Wise St Bridge City, TX	2.0–3.0	1.0–2.0	1144	$1,500	$1.31	15d	7	0.69mi
880 Morning Glory Dr Bridge City, TX	3.0	2.0	1515	$1,795	$1.18	45d	1	0.91mi

Listing history 21 events

1. 2026-06-22
   pricedays on market $150,000 Active 54 DOM
2. 2026-06-18
   days on market $160,000 Active 51 DOM
3. 2026-06-17
   days on market $160,000 Active 50 DOM
4. 2026-06-16
   days on market $160,000 Active 49 DOM
5. 2026-06-15
   days on market $160,000 Active 48 DOM
6. 2026-06-14
   days on market $160,000 Active 46 DOM
7. 2026-06-10
   days on market $160,000 Active 43 DOM
8. 2026-06-09
   days on market $160,000 Active 42 DOM
9. 2026-06-08
   days on market $160,000 Active 41 DOM
10. 2026-06-07
    pricedays on market $160,000 Active 40 DOM
11. 2026-06-03
    days on market $169,000 Active 36 DOM
12. 2026-06-02
    days on market $169,000 Active 35 DOM
13. 2026-06-01
    days on market $169,000 Active 34 DOM
14. 2026-05-31
    days on market $169,000 Active 33 DOM
15. 2026-05-30
    days on market $169,000 Active 32 DOM
16. 2026-05-05
    price $169,000 410-char remark
17. 2026-04-28
    listed $175,000 Active 410-char remark
18. 2015-07-28
    soldstatus
19. 2015-07-27
    soldstatus 715-char remark

    Show marketing remark (715 chars)

    You will never rent again when you purchase this brick home in the Bridge City School District. This 4 bedroom, 1 1/2 bath house has plenty of room for the growing family. Oversized Kitchen /Dining area with plenty of room to gather in and cook that favorite meal. Appliances updated (2009) . Relax and enjoy your family in the nice size living room. Throughout the house is tile and carpet. 1 car garage and a detached garage. Extra covered parking could be used to park an RV. Fenced yard. Shallow well for watering. Close to schools, restaurants and shopping. Make your appointment today and view this "move in ready" "pride of ownership" house. Refrigerator does not stay but is for sale.

20. 2015-07-10
    listed $102,500 715-char remark

    Show marketing remark (715 chars)

    You will never rent again when you purchase this brick home in the Bridge City School District. This 4 bedroom, 1 1/2 bath house has plenty of room for the growing family. Oversized Kitchen /Dining area with plenty of room to gather in and cook that favorite meal. Appliances updated (2009) . Relax and enjoy your family in the nice size living room. Throughout the house is tile and carpet. 1 car garage and a detached garage. Extra covered parking could be used to park an RV. Fenced yard. Shallow well for watering. Close to schools, restaurants and shopping. Make your appointment today and view this "move in ready" "pride of ownership" house. Refrigerator does not stay but is for sale.

21. 2014-12-23
    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: $3,565 · $297/mo
• Projected year-2 tax: $3,565 · $297/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 9/10 Extreme FEMA zone AE · 99% 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 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,378
• − Mortgage interest: −$8,402
• − Property taxes: −$3,565
• − Insurance: −$5,868
• − Repairs & maintenance: −$1,710
• − Management: −$1,710
• − Depreciation: −$4,364
• Taxable loss: −$4,243
• Est. tax savings @ 24.0%: +$1,018
• After-tax cash flow: $-967/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: Bridge City ISD
• NCES district ID: 4811310
• Math proficiency: 41% ▼ -11.00%
• Reading proficiency: 51% ▲ 1.00%
• Median HH income: $60,817
• Composite: 40.47/100
• National rank: #3720
• State rank: #224 of 826 in TX

Livability — Bridge City

• Score: 72/100
• State rank: #251
• US rank: #5948

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bridge City, TX
• County: Orange County · 87,112 people
• City population: 10,112
• Metro: Beaumont-Port Arthur, TX
• Population (ZIP): 10,112
• Household income: $92,004
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 214.0

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: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 14% Two or more races 12% Asian 2%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Lithuanian 12% Slovak 3% Iranian 2%
• Foreign-born: 3% · Canada
• Languages at home: 89% English-only · Spanish 6% French/Haitian/Cajun 2% Russian/Polish/Slavic 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: ▼ -98.42%
• Current HPI: 155.9874
• Rent YoY: —
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+56.1% since first listed

7 events — show timeline

• 2026-06-04 Price Changed $160,000 HARMLS
• 2026-05-05 Price Changed $169,000 HARMLS
• 2026-04-28 Listed $175,000 HARMLS
• 2015-07-28 Sold (Public Records) — Public Records
• 2015-07-27 Sold (MLS) — BBOR
• 2015-07-10 Listed $102,500 BBOR
• 2014-12-23 Sold (Public Records) — Public Records

Property tax history

+6.2%/yr

Latest (2025): $3,565 · +9.4% YoY. Source: county tax records.