113 Laurel Meadow Ct · La Marque, TX 77568

$239,900

3 bd · 2.0 ba · 1,259 sqft · SingleFamily public records · 19 Days on market

Built 2008 6,425 sqft lot Est $210k · 14% over $33/mo HOA · 1% of rent

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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).

• Cash flow +13.1/30.0
• 1% rule +4.2/10.0
• DSCR +3.9/10.0
• Rent growth +3.5/5.0
• Schools +3.5/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• ARV discount +1.2/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

PAINTED MEADOWS BEAUTY! This charming 3 bedroom 2 bath home in Painted Meadows is a MUST SEE! The quiet cul-de-sac location makes it great for ready to downsize! This open floor plan makes entertaining a breeze! The gorgeous fireplace is the focal point of the large yet cozy living room! This home has been cared for since the day it was purchased! Schedule your appointment today!

Key facts

• Gas water heater
• Brand-new roof
• Gas range

Tags

• WIDE PLANK WOOD LVP FLOORING
• GAS RANGE
• GAS WATER HEATER
• BRAND-NEW ROOF
• NEW HVAC SYSTEM

Property features AI

Finance

• Other: Seller disclosure available
• HOA & community: Painted Meadow HOA with an annual fee of $400 covering common areas

Exterior

• Parking: Attached 2-car garage
• Utilities: Public water; Public sewer
• Home design: Residential property; One-story; Entry level: First floor
• Construction: Brick construction; Built in 2008; Composition roof; Slab foundation
• Exterior features: Cleared lot; Located on a cul-de-sac; Subdivision setting; Concrete road surface

Interior

• Kitchen: Kitchen (first level)
• Bedrooms: Primary bedroom (first level); Bedroom (first level); Bedroom (first level)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central gas heating; Central electric air conditioning
• Interior features: Living room; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $240k.

Deal economics

• At list price, monthly cash flow is $-7 ($-87/yr) — negative.
• To cash-flow at today's rent, offer at most $239k (0.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $222k (7.6% below list).
• Recommended offer: $222k (7.6% below list) — sets the bar for 1% rule.

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, crime F, amenities F.
• Santa Fe ISD (suburban): math 38% / reading 39% proficiency, ranked #385 of 826 in TX (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: William F Barnett El (math 59% / reading 46%, grade C-, #720 of 4,322 statewide, top 17%, 646 students, 59% FRL); Santa Fe J H (math 34% / reading 37%, grade F, #827 of 1,662 statewide, top 51%, 1,009 students, 52% FRL); Santa Fe H S (math 19% / reading 34%, grade F, #1,228 of 1,632 statewide, top 76%, 1,369 students, 47% FRL) — zoned schools average 53% FRL vs 35% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+4.0%/yr); 661 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 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 $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• It's been on market 19 days — a 2% lower offer ($236k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 10y ago 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

• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $221,555 (7.6% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.92% ✗
• Cap rate: 6.26%
• Cash-on-cash: -0.13%
• DSCR: 0.99
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $210,253
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
140 Mustang Stampede Dr	0.07mi	3/2.0	1,376 (+9%)	3mo	$224,900	$163	79
117 Mustang Stampede Dr	0.07mi	3/2.0	1,376 (+9%)	14mo	$240,000	$174	70
12205 Bowline Rd	0.19mi	3/2.0	1,326 (+5%)	24mo	$232,000	$175	62
12313 Bowline Rd	0.24mi	3/2.0	1,329 (+6%)	23mo	$210,000	$158	60
315 Hawks View Dr	0.27mi	3/2.0	1,436 (+14%)	5mo	$245,000	$171	60
2310 Nautica Terrace Dr	0.40mi	3/2.0	1,419 (+13%)	4mo	$230,000	$162	57
328 Shoshone Ridge Dr	0.34mi	3/2.0	1,436 (+14%)	17mo	$235,000	$164	47
2421 Nautica Terrace Dr	0.48mi	3/2.0	1,419 (+13%)	13mo	$257,000	$181	45
2301 Manta Way	0.33mi	3/2.0	1,419 (+13%)	24mo	$245,000	$173	44
12219 Seacrest Ln	0.74mi	3/2.0	1,419 (+13%)	4mo	$211,000	$149	41
337 Apache Field Ln	0.39mi	3/2.0	1,436 (+14%)	22mo	$240,000	$167	40

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: -15.3%
• Equity multiple: 0.45×
• Total profit: $-37,102
• Equity at exit: $35,770

10-year hold

• IRR: -5.1%
• Equity multiple: 0.65×
• Total profit: $-23,572
• Equity at exit: $20,742

Cash invested: $67,172 (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 77568

• Home prices YoY: -22.7%
• Rents YoY: 4.0%
• Active inventory: 661
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,216 high
• Mortgage (P&I): −$1,258
• Tax from tax record: −$366 /mo · $4,398/yr
• Insurance: −$100
• HOA: −$33
• Vacancy / Maint / Mgmt: −$465
• Net cashflow: $-7

Break-even live

Break-even rent $2,225

Max offer price $238,624

Occupancy floor 95%

Sensitivity live

Price	-10% $129	-5% $61	+0% $-7	+5% $-75	+10% $-143
Rent	-10% $-182	-5% $-95	+0% $-7	+5% $80	+10% $168
Rate	-1.0pp $114	-0.5pp $54	base $-7	+0.5pp $-69	+1.0pp $-133

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: $59,975
• Closing costs: $7,197
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
114 Mustang Stampede Dr La Marque, TX	3.0	2.0	1752	$2,050	$1.17	3d	1	0.04mi
2301 Starboard Sail Alta Loma, TX	4.0	2.0	1856	$2,181	$1.18	12d	1	0.34mi
2437 Regatta Ln La Marque, TX	4.0	2.0	1844	$2,079	$1.13	7d	1	0.49mi
12524 Jetty Cv Santa Fe, TX	3.0	2.0	1803	$2,506	$1.39	23d	1	0.61mi
3301 Gulf Fwy La Marque, TX	1.0–3.0	1.0–2.0	991	$2,430	$2.45	0d	21	0.92mi
3210 Gulf Fwy Texas City, TX	1.0–2.0	1.0–2.0	872	$1,780	$2.04	0d	12	0.97mi
10831 30th Ave N Texas City, TX	2.0	1.0	956	$1,314	$1.37	45d	1	1.20mi
453 Maple Bend Ln La Marque, TX	3.0	2.0	1860	$2,071	$1.11	22d	1	1.44mi

HOA detail

• Monthly dues: $33 · $396/yr

Listing history 12 events

1. 2026-06-21
   days on market $239,900 Active 19 DOM
2. 2026-06-18
   days on market $239,900 Active 16 DOM
3. 2026-06-17
   days on market $239,900 Active 15 DOM
4. 2026-06-16
   days on market $239,900 Active 14 DOM
5. 2026-06-15
   days on market $239,900 Active 13 DOM
6. 2026-06-13
   days on market $239,900 Active 11 DOM
7. 2026-06-09
   days on market $239,900 Active 7 DOM
8. 2026-06-08
   days on market $239,900 Active 6 DOM
9. 2026-06-07
   days on market $239,900 Active 5 DOM
10. 2026-06-04
    days on market $239,900 Active 2 DOM
11. 2026-06-03
    remarks 693-char remark
12. 2026-06-03
    listed $239,900 Active 1 DOM

ⓘ 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: $4,398 · $366/mo
• Projected year-2 tax: $4,398 · $366/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 3/10 Moderate FEMA zone X (unshaded) · 10% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 27 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,587
• − Mortgage interest: −$13,438
• − Property taxes: −$4,398
• − Insurance: −$1,200
• − Repairs & maintenance: −$2,127
• − Management: −$2,127
• − HOA: −$396
• − Depreciation: −$6,979
• Taxable loss: −$4,078
• Est. tax savings @ 24.0%: +$979
• After-tax cash flow: $892/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: Santa Fe ISD
• NCES district ID: 4839270
• Math proficiency: 38% ▼ -10.00%
• Reading proficiency: 39% ▼ -2.00%
• Median HH income: $66,769
• Composite: 34.86/100
• National rank: #5091
• State rank: #385 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+54.9% since first listed

18 events — show timeline

• 2026-06-02 Listed $239,900 HARMLS
• 2025-08-18 Pending — HARMLS
• 2025-08-18 Listing Removed — HARMLS
• 2025-07-22 Price Changed $205,000 HARMLS
• 2025-05-28 Listed $210,000 HARMLS
• 2019-05-21 Sold (Public Records) — Public Records
• 2019-05-20 Sold (MLS) — HARMLS
• 2019-04-29 Pending — HARMLS
• 2019-04-22 Pending — HARMLS
• 2019-04-19 Listed $166,990 HARMLS
• 2017-05-11 Sold (MLS) — HARMLS
• 2017-04-24 Sold (Public Records) — Public Records
• 2017-03-27 Pending — HARMLS
• 2017-03-14 Pending — HARMLS
• 2017-03-08 Relisted — HARMLS
• 2016-12-28 Pending — HARMLS
• 2016-12-19 Pending — HARMLS
• 2016-08-11 Listed $154,900 HARMLS

Property tax history

+3.1%/yr

Latest (2025): $4,398 · -4.6% YoY. Source: county tax records.