CashFlowRE
Sign in Sign up
2210 2nd St
C Composite 58.32
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).

  • ARV discount +15.0/15.0
  • Cash flow +14.9/30.0
  • Appreciation +7.5/10.0
  • 1% rule +5.2/10.0
  • DSCR +4.6/10.0
  • Livability +3.4/5.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$149,900

2210 2nd St · Galena Park, TX 77547
3 bd · 1.0 ba · 1,680 sqft · SingleFamily public records · 2 Days on market
Built 1951 10,541 sqft lot Est $252k · 41% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Opportunity awaits at 2210 2nd Street in Galena Park! This charming home has been in the same family for many years and is ready for its next chapter. Featuring spacious living areas, generously sized bedrooms, and a functional layout, this property offers endless possibilities for a buyer with vision. Original details throughout provide character and charm, while the home's footprint creates the perfect canvas for renovation and personalization. Whether you're an investor, DIY enthusiast, or someone looking to create a home uniquely your own, this property is full of potential. Conveniently located near schools, parks, shopping, dining, and major commuter routes. Original photos accurately

Key facts

  • Original details
  • Functional layout
  • 0.24 acre lot

Tags

SPACIOUS LIVING AREASFUNCTIONAL LAYOUTORIGINAL DETAILSCANVAS FOR RENOVATION

Property features AI

Finance

  • HOA & community: Curbs and gutters in the community

Exterior

  • Parking: Attached garage; Driveway parking; 2-car garage
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Single-story (all main rooms listed on the first floor); Slab foundation
  • Construction: Brick construction; Composition roof; Built in 1951
  • Exterior features: Fenced backyard; Concrete road access; Subdivision setting; Fence

Interior

  • Kitchen: Kitchen on the first floor (16 x 11)
  • Bedrooms: Primary bedroom on the first floor (12 x 13); Bedroom on the first floor (11 x 12); Bedroom on the first floor (10 x 12)
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Central heating (electric); Central air conditioning; Gas cooling; Thermostat (energy-efficient feature)
  • Interior features: Programmable thermostat

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 $150k.

Deal economics

  • At list price, monthly cash flow is $44 ($525/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Cap rate 6.6% vs local median 4.1% in Galena Park — 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 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: Galena Park El (math 31% / reading 36%, grade F, #2,174 of 4,322 statewide, top 51%, 597 students, 88% 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; 6 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 29,883 units permitted in Harris County in 2024 (8,621 in 5+ unit buildings).

Forward outlook

  • In year one you build about $8k of equity ($1k loan paydown + $7k appreciation (5.0% local appreciation)).
  • Harris County population projected at +47% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (5.0% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~5 years — after that, you're playing with house money.
  • By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 2 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

  • Watch-outs: property tax is 2.6% of price; built in 1951 — expect roof / HVAC / electrical / plumbing capex.
  • 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 $149,900

Questions for the listing agent

  1. Built in 1951 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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. 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.
  6. 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.
  7. 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
1.02%
Cap rate
6.64%
Cash-on-cash
1.25%
DSCR
1.06
GRM
8.1

CMA / ARV

ARV (on-the-fly)
$252,000
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2017 2nd St 0.22mi 3/2.0 1,655 (-2%) 11mo $239,000 $144 74
416 Mcconnico Dr 0.26mi 3/2.0 1,706 (+2%) 13mo $246,000 $144 70
1902 7th St 0.45mi 3/2.0 1,551 (-8%) 7mo $295,000 $190 56
324 Gans St Unit A 0.59mi 3/2.5 1,589 (-5%) 3mo $215,000 $135 55
414 Clinton Park St 0.66mi 3/2.0 1,579 (-6%) 8mo $155,000 $98 49
320 Delaware St 0.65mi 3/2.5 1,540 (-8%) 1mo $165,000 $107 48
410 Carolina St 0.70mi 3/2.5 1,622 (-4%) 13mo $261,000 $161 45
328 Gans St 0.57mi 3/2.0 1,456 (-13%) 4mo $275,000 $189 44
326 Gans St Unit A 0.58mi 3/2.5 1,505 (-10%) 6mo $225,000 $150 44
805 Bank Dr 0.56mi 4/2.0 (+1) 1,788 (+6%) 12mo $250,000 $140 44
326 Gans St 0.58mi 3/2.5 1,505 (-10%) 10mo $225,000 $150 42
431 Cartersville St 0.75mi 3/2.0 1,450 (-14%) 11mo $269,900 $186 29

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
13.9%
Equity multiple
1.88×
Total profit
$37,108
Equity at exit
$84,594
10-year hold
IRR
14.7%
Equity multiple
3.62×
Total profit
$110,157
Equity at exit
$145,707

Cash invested: $41,972 (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 77547

Home prices YoY
2.0%
Active inventory
38
Price-to-rent
8.1×

Monthly cashflow live

Estimated rent
$1,534 high interval (Pro) →
Mortgage (P&I)
$786
Tax from tax record
$319 /mo · $3,832/yr
Insurance
$62
HOA
$0
Vacancy / Maint / Mgmt
$322
Net cashflow
$44

Break-even live

Break-even rent $1,478
Max offer price $149,900
Occupancy floor 92%

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
$37,475
Closing costs
$4,497
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 6 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2216 3rd St Galena Park, TX 3.0 2.0 1500 $1,400 $0.93 43d 1 0.08mi
423 Armstrong St Houston, TX 3.0 2.0 1090 $1,515 $1.39 1d 1 0.51mi
311 Massachusetts St Unit A Houston, TX 3.0 2.0 1184 $1,700 $1.44 12d 1 0.56mi
205 Bolden St Unit A Houston, TX 3.0 2.0 1200 $2,500 $2.08 43d 1 0.82mi
253 N Carolina St Houston, TX 4.0 2.0 1560 $1,600 $1.03 7d 1 0.85mi
9821 Turnbow St Unit C Houston, TX 3.0 2.0 1140 $1,720 $1.51 43d 1 1.31mi

Listing history 3 events

  1. 2026-06-18
    days on market $149,900 Active 2 DOM
  2. 2026-06-17
    remarks 699-char remark
  3. 2026-06-17
    listed $149,900 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
$3,832 · $319/mo
Projected year-2 tax
$3,832 · $319/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 1/10 Low FEMA zone X (unshaded) · 0% 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 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$18,404
− Mortgage interest
−$8,397
− Property taxes
−$3,832
− Insurance
−$750
− Repairs & maintenance
−$1,472
− Management
−$1,472
− Depreciation
−$4,361
Taxable loss
−$1,879
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$451
After-tax cash flow
$976/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

Price history

+19.9% since first listed
3 events — show timeline
  • 2026-06-16 Price Changed $149,900 HARMLS
  • 2026-06-16 Listed $125,000 HARMLS
  • 1988-01-02 Sold (Public Records) Public Records

Property tax history

+5.3%/yr

Latest (2025): $3,832 · +14.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…