71 Martineque Ln · Onalaska, TX 77364

$105,000

3 bd · 2.0 ba · 1,248 sqft · Manufactured public records · 42 Days on market

Built 2007 0.25 ac lot $84/sqft · 35% below area Est $161k · 35% under

---

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 +22.0/30.0
• ARV discount +15.0/15.0
• DSCR +7.0/10.0
• 1% rule +5.8/10.0
• Appreciation +4.8/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

LAKE FRONT GATED COMMUNITY , 3 BEDROOMS, 2 BATHS ON 2 LOTS, KITCHEN HAS NEW DISHWASHER AND RANGE, MASTER BEDROOMS WITH PLENTY OF CLOSET SPACE, MASTER BATHROOM HAS DOUBLE SINKS, LARGE GARDEN BATHTUB WITH SEPERATE SHOWER. SUBDIVISION CLUB HOUSE, POOL, BOAT RAMP, WALK TO THE SECOND LARGEST LAKE IN TEXAS(LAKE LIVINGSTON) IN MINUTES. GREAT LAKE FOR FISHNG AND WATER RECREATIONAL FUN. CLOSE TO HOSPITALS, SHOPPING AND RESTAURANTS

Key facts

• 0.25 acre lot
• Built 2007
• Listed 41 days

Property features AI

Exterior

• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 2007; Single-story (first floor primary living areas); Slab foundation; Facing direction not specified
• Construction: Vinyl siding; Composition roof
• Exterior features: Subdivision lot

Interior

• Kitchen: Dishwasher; Microwave
• Bedrooms: Primary bedroom (First floor), 12x12; Bedroom (First floor), 10x10; Bedroom (First floor), 10x10
• Bathrooms: 2 full bathrooms; Primary bathroom (First floor), 8x9; Bathroom (First floor), 7x8
• Heating & cooling: Central heating (electric); Central air conditioning (electric)
• Interior features: Seller disclosure available

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $105k.

Deal economics

• At list price, monthly cash flow is $167 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $105k).
• Recommended offer: $102k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.2% vs local median 2.9% in Onalaska — 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 60/100 on livability (#1,055 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D+, amenities F.
• Coldspring-Oakhurst CISD (rural): math 18% / reading 28% proficiency, ranked #732 of 826 in TX (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 60% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Coldspring-Oakhurst H S (math 27% / reading 37%, grade F, #1,044 of 1,632 statewide, top 66%, 496 students, 55% FRL).
• Market conditions: 197 active listings in the ZIP; 575 units permitted in San Jacinto County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $405 of equity ($726 loan paydown + $-321 appreciation (-0.3% local appreciation)).
• San Jacinto County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-0.3% appreciation + 3.0% rent growth), your $29k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($102k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 17y ago; this cycle's ask has dropped $20k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $101,850 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
6. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
7. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
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: 1.08% ✓
• Cap rate: 8.20%
• Cash-on-cash: 6.80%
• DSCR: 1.30
• GRM: 7.7

CMA / ARV

• ARV (median comp): $160,875
• List price: $105,000
• Delta: -34.73%
• Verdict: UNDERPRICED
• Comps: 16 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
155 Martineque Ln	0.08mi	3/2.0	1,064 (-15%)	7mo	$118,000	$111	66
145 Martineque Ln	0.08mi	3/2.0	1,064 (-15%)	8mo	$108,000	$102	65
341 Antigua Dr	0.60mi	3/2.0	1,153 (-8%)	1mo	$167,900	$146	58
240 Antilles Dr	0.49mi	3/2.0	1,432 (+15%)	9mo	$260,000	$182	45

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

Projected returns pro-forma

-0.31% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 4.4%
• Equity multiple: 1.21×
• Total profit: $6,054
• Equity at exit: $28,892

10-year hold

• IRR: 10.0%
• Equity multiple: 2.06×
• Total profit: $31,119
• Equity at exit: $33,479

Cash invested: $29,400 (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 77364

• Home prices YoY: -0.2%
• Active inventory: 197
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,139 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$139 /mo · $1,668/yr
• Insurance: −$44
• HOA: −$0
• Vacancy / Maint / Mgmt: −$239
• Net cashflow: $167

Break-even live

Break-even rent $928

Max offer price $105,000

Occupancy floor 80%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Listing history 23 events

1. 2026-06-19
   days on market $105,000 Active 42 DOM
2. 2026-06-18
   days on market $105,000 Active 41 DOM
3. 2026-06-17
   days on market $105,000 Active 40 DOM
4. 2026-06-16
   days on market $105,000 Active 39 DOM
5. 2026-06-15
   days on market $105,000 Active 38 DOM
6. 2026-06-14
   days on market $105,000 Active 36 DOM
7. 2026-06-13
   days on market $105,000 Active 35 DOM
8. 2026-06-10
   days on market $105,000 Active 33 DOM
9. 2026-06-09
   days on market $105,000 Active 32 DOM
10. 2026-06-09
    price $105,000 Active 31 DOM
11. 2026-06-08
    days on market $115,000 Active 31 DOM
12. 2026-06-07
    days on market $115,000 Active 30 DOM
13. 2026-06-03
    days on market $115,000 Active 26 DOM
14. 2026-06-02
    days on market $115,000 Active 25 DOM
15. 2026-06-01
    days on market $115,000 Active 24 DOM
16. 2026-05-31
    days on market $115,000 Active 23 DOM
17. 2026-05-30
    days on market $115,000 Active 22 DOM
18. 2026-05-08
    listed $125,000 Active 22-char remark
19. 2011-02-11
    soldstatus 427-char remark

    Show marketing remark (427 chars)

    LAKE FRONT GATED COMMUNITY , 3 BEDROOMS, 2 BATHS ON 2 LOTS, KITCHEN HAS NEW DISHWASHER AND RANGE, MASTER BEDROOMS WITH PLENTY OF CLOSET SPACE, MASTER BATHROOM HAS DOUBLE SINKS, LARGE GARDEN BATHTUB WITH SEPERATE SHOWER. SUBDIVISION CLUB HOUSE, POOL, BOAT RAMP, WALK TO THE SECOND LARGEST LAKE IN TEXAS(LAKE LIVINGSTON) IN MINUTES. GREAT LAKE FOR FISHNG AND WATER RECREATIONAL FUN. CLOSE TO HOSPITALS, SHOPPING AND RESTAURANTS

20. 2011-01-23
    historical 427-char remark

    Show marketing remark (427 chars)

    LAKE FRONT GATED COMMUNITY , 3 BEDROOMS, 2 BATHS ON 2 LOTS, KITCHEN HAS NEW DISHWASHER AND RANGE, MASTER BEDROOMS WITH PLENTY OF CLOSET SPACE, MASTER BATHROOM HAS DOUBLE SINKS, LARGE GARDEN BATHTUB WITH SEPERATE SHOWER. SUBDIVISION CLUB HOUSE, POOL, BOAT RAMP, WALK TO THE SECOND LARGEST LAKE IN TEXAS(LAKE LIVINGSTON) IN MINUTES. GREAT LAKE FOR FISHNG AND WATER RECREATIONAL FUN. CLOSE TO HOSPITALS, SHOPPING AND RESTAURANTS

21. 2010-07-15
    listed $64,900 427-char remark

    Show marketing remark (427 chars)

    LAKE FRONT GATED COMMUNITY , 3 BEDROOMS, 2 BATHS ON 2 LOTS, KITCHEN HAS NEW DISHWASHER AND RANGE, MASTER BEDROOMS WITH PLENTY OF CLOSET SPACE, MASTER BATHROOM HAS DOUBLE SINKS, LARGE GARDEN BATHTUB WITH SEPERATE SHOWER. SUBDIVISION CLUB HOUSE, POOL, BOAT RAMP, WALK TO THE SECOND LARGEST LAKE IN TEXAS(LAKE LIVINGSTON) IN MINUTES. GREAT LAKE FOR FISHNG AND WATER RECREATIONAL FUN. CLOSE TO HOSPITALS, SHOPPING AND RESTAURANTS

22. 2010-01-31
    historical
23. 2009-09-15
    listed $65,000

ⓘ 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: $1,668 · $139/mo
• Projected year-2 tax: $1,922 · $160/mo
• Expected delta: +$254/yr (+$21/mo · 15.2%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $13,669
• − Mortgage interest: −$5,882
• − Property taxes: −$1,668
• − Insurance: −$525
• − Repairs & maintenance: −$1,094
• − Management: −$1,094
• − Depreciation: −$3,055
• Taxable income: $353
• Est. tax owed @ 24.0%: −$85
• After-tax cash flow: $1,913/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: Coldspring-Oakhurst CISD
• NCES district ID: 4814520
• Math proficiency: 18% ▼ -9.00%
• Reading proficiency: 28% ▼ -2.00%
• Median HH income: $46,916
• Composite: 20.07/100
• National rank: #8653
• State rank: #732 of 826 in TX

Livability — Onalaska

• Score: 60/100
• State rank: #1055
• US rank: #18716

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 1,835

Population outlook (San Jacinto County) Hauer SSP2

• Today (2025): 29,069 people
• By 2030: 29,750 · +2.3%
• By 2040: 30,714 · +5.7%
• By 2050: 31,010 · +6.7%
• By 2075: 31,616 · +8.8%
• By 2100: 29,874 · +2.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 13% Two or more races 8% Hispanic / Latino 3% Asian 3%
• Common ancestry: Lithuanian 5% Italian 4% Serbian 3%
• Foreign-born: 5% · South Korea, Canada
• Languages at home: 93% English-only · Spanish 6% Other Asian/Pacific 1%

Political lean MEDSL · San Jacinto

• 2024 margin: Solid R (+65.3) · D 17.0% · R 82.3%
• 2008→2024 swing: -27.0pp toward R · 2008: -38.3pp · 2024: -65.3pp
• All cycles: 2024: R+65.3 2020: R+61.9 2016: R+58.4 2012: R+48.9 2008: R+38.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.31%
• Current HPI: 193.4748
• 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

+61.5% since first listed

8 events — show timeline

• 2026-06-08 Price Changed $105,000 HARMLS
• 2026-05-22 Price Changed $115,000 HARMLS
• 2026-05-08 Listed $125,000 HARMLS
• 2011-02-11 Sold (MLS) — HARMLS
• 2011-01-23 Listing Removed — HARMLS
• 2010-07-15 Listed $64,900 HARMLS
• 2010-01-31 Listing Removed — HARMLS
• 2009-09-15 Listed $65,000 HARMLS

Property tax history

+4.4%/yr

Latest (2025): $1,668 · +2.6% YoY. Source: county tax records.