1C Prairie Knoll Dr · La Marque, TX 77510

$200,000

2 bd · 2.0 ba · 1,336 sqft · Townhouse · 125 Days on market

Built 2002 Fair condition 6,300 sqft lot Garage $150/sqft · 24% below area Est $262k · 24% under ↓ 12% since listing

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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 +18.5/30.0
• ARV discount +15.0/15.0
• DSCR +5.8/10.0
• 1% rule +5.0/10.0
• Schools +3.8/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Beautifully updated 2 bedroom, 2 bath home in La Marque. Step inside to discover an open-concept layout with vaulted ceilings and abundant natural light, and the kitchen featuring stylish finishes, stainless steel appliances, and a brand-new dishwasher. Additional highlights include a new HVAC system installed in May 2025, neutral paint throughout, updated flooring, walk-in closets in both bedrooms, attached garage, and an expansive private backyard. Low tax rate, and no HOA fees. Ideally located with easy access to I-45, shopping, dining, and everyday conveniences.

Key facts

• Walk-in closets
• Updated flooring
• Vaulted ceilings

Tags

• OPEN-CONCEPT LAYOUT
• VAULTED CEILINGS
• STAINLESS STEEL APPLIANCES
• NEW HVAC SYSTEM
• UPDATED FLOORING
• WALK-IN CLOSETS

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath townhouse listed at $200k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $191 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $199k (0.4% below list).
• Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.4% vs local median 5.1% in La Marque — 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 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: 458 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals lingering (median 79d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 64% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,258 units permitted in Galveston County in 2024 (0 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 $6k 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 125 days — a 12% lower offer ($176k) 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

• 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 $176,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 125 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
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: 1.00% ✗
• Cap rate: 7.44%
• Cash-on-cash: 4.09%
• DSCR: 1.18
• GRM: 8.4

CMA / ARV

• ARV (median comp): $262,010
• List price: $200,000
• Delta: -23.67%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 Mustang Stampede Dr	0.48mi	3/2.0 (+1)	1,376 (+3%)	0mo	$230,000	$167	68
10499 Autry Drive Dr	0.24mi	3/2.0 (+1)	1,497 (+12%)	2mo	$279,500	$187	62
102 Blue Skies Ct	0.52mi	3/2.0 (+1)	1,259 (-6%)	2mo	$225,000	$179	60
3603 Lone Pine Dr	0.73mi	3/2.0 (+1)	1,374 (+3%)	4mo	$339,000	$247	53
2201 Nautica Terrace Dr	0.65mi	3/2.0 (+1)	1,575 (+18%)	1mo	$245,000	$156	39
2621 Bernadino Dr	1.00mi	3/2.0 (+1)	1,510 (+13%)	2mo	$264,900	$175	36
13122 Leisure Cove Dr	0.74mi	3/2.0 (+1)	1,614 (+21%)	0mo	$274,900	$170	35
2710 Ocean Key Dr	1.02mi	3/2.0 (+1)	1,553 (+16%)	0mo	$279,800	$180	35
11401 30th Ave N	1.47mi	3/2.0 (+1)	1,539 (+15%)	1mo	$275,000	$179	34
13802 Ballast Green Dr	1.44mi	3/2.0 (+1)	1,637 (+22%)	3mo	$340,460	$208	32
2218 Regatta Ln	0.75mi	3/2.5 (+1)	1,664 (+25%)	3mo	$239,900	$144	31
3721 Rush Rd	1.48mi	3/2.5 (+1)	1,668 (+25%)	4mo	$435,000	$261	30

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: -9.9%
• Equity multiple: 0.64×
• Total profit: $-20,208
• Equity at exit: $29,821

10-year hold

• IRR: -0.5%
• Equity multiple: 0.97×
• Total profit: $-1,803
• Equity at exit: $17,292

Cash invested: $56,000 (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 77510

• Home prices YoY: -15.3%
• Active inventory: 458
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,991 high
• Mortgage (P&I): −$1,049
• Tax est. 1.5%: −$250 /mo · $3,000/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$418
• Net cashflow: $191

Break-even live

Break-even rent $1,750

Max offer price $200,000

Occupancy floor 85%

Sensitivity live

Price	-10% $329	-5% $260	+0% $191	+5% $122	+10% $53
Rent	-10% $34	-5% $112	+0% $191	+5% $270	+10% $348
Rate	-1.0pp $292	-0.5pp $242	base $191	+0.5pp $139	+1.0pp $87

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: $50,000
• Closing costs: $6,000
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
944 American Monarch Dr La Marque, TX	3.0	2.5	1658	$2,099	$1.27	102d	1	0.22mi
725 Totem Trail Dr La Marque, TX	3.0	2.0	1414	$1,949	$1.38	78d	1	0.30mi
725 Totem Trail Dr La Marque, TX	3.0–4.0	2.0–2.5	1774	$1,971	$1.11	0d	1	0.30mi
801 Painted Bison Dr La Marque, TX	3.0	2.0	1414	$1,969	$1.39	86d	1	0.34mi
336 Comanche Plains Rd La Marque, TX	3.0	2.0	1436	$1,789	$1.25	50d	1	0.36mi
628 Totem Trail Dr La Marque, TX	3.0	2.0	1414	$1,949	$1.38	91d	1	0.42mi
114 Mustang Stampede Dr La Marque, TX	3.0	2.0	1752	$2,050	$1.17	142d	1	0.51mi
12524 Jetty Cv Santa Fe, TX	3.0	2.0	1803	$2,506	$1.39	163d	1	0.85mi
2122 Islawild Way Texas City, TX	3.0	2.0	1848	$2,100	$1.14	0d	1	0.91mi
3301 Gulf Fwy La Marque, TX	1.0–3.0	1.0–2.0	1074	$1,798	$1.67	0d	8	1.33mi
3210 Gulf Fwy Texas City, TX	2.0	2.0–2.5	1131	$1,925	$1.70	0d	6	1.46mi

Property features AI

Finance

• Other: Seller disclosure available
• Financial info: Lease not considered

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public waterPublic sewerElectric service
• Home design: Single-story residential homeBuilt in 2002Slab foundation
• Construction: Brick constructionComposition roofSlab foundationBuilt in 2002
• Exterior features: Composition roof

Interior

• Kitchen: Kitchen open to family roomBreakfast bar
• Bedrooms: Bedroom on the first floor (16 x 12)Primary bedroom on the first floor (15 x 11)
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (electric)Central air conditioning (electric)
• Interior features: Breakfast barDouble vanityKitchen open to family room

Listing history 50 events

1. 2026-11-08
   days on market $200,000 Active 125 DOM
2. 2026-11-07
   days on market $200,000 Active 124 DOM
3. 2026-11-06
   days on market $200,000 Active 123 DOM
4. 2026-11-05
   days on market $200,000 Active 122 DOM
5. 2026-11-04
   days on market $200,000 Active 121 DOM
6. 2026-11-02
   days on market $200,000 Active 119 DOM
7. 2026-11-01
   days on market $200,000 Active 118 DOM
8. 2026-10-31
   days on market $200,000 Active 117 DOM
9. 2026-10-30
   days on market $200,000 Active 116 DOM
10. 2026-10-29
    days on market $200,000 Active 115 DOM
11. 2026-10-28
    days on market $200,000 Active 114 DOM
12. 2026-10-27
    days on market $200,000 Active 113 DOM
13. 2026-10-26
    days on market $200,000 Active 112 DOM
14. 2026-10-26
    days on market $200,000 Active 111 DOM
15. 2026-10-24
    days on market $200,000 Active 110 DOM
16. 2026-10-23
    days on market $200,000 Active 109 DOM
17. 2026-10-22
    days on market $200,000 Active 108 DOM
18. 2026-10-21
    days on market $200,000 Active 107 DOM
19. 2026-10-20
    days on market $200,000 Active 106 DOM
20. 2026-10-19
    days on market $200,000 Active 105 DOM
21. 2026-10-18
    days on market $200,000 Active 104 DOM
22. 2026-10-17
    days on market $200,000 Active 103 DOM
23. 2026-10-16
    days on market $200,000 Active 102 DOM
24. 2026-10-15
    days on market $200,000 Active 101 DOM
25. 2026-10-14
    days on market $200,000 Active 100 DOM
26. 2026-10-13
    days on market $200,000 Active 99 DOM
27. 2026-10-12
    days on market $200,000 Active 98 DOM
28. 2026-10-11
    days on market $200,000 Active 97 DOM
29. 2026-10-10
    days on market $200,000 Active 96 DOM
30. 2026-10-09
    days on market $200,000 Active 95 DOM
31. 2026-10-08
    days on market $200,000 Active 94 DOM
32. 2026-10-07
    days on market $200,000 Active 93 DOM
33. 2026-10-06
    days on market $200,000 Active 92 DOM
34. 2026-10-05
    days on market $200,000 Active 91 DOM
35. 2026-10-04
    days on market $200,000 Active 90 DOM
36. 2026-10-04
    days on market $200,000 Active 89 DOM
37. 2026-10-02
    days on market $200,000 Active 88 DOM
38. 2026-10-01
    days on market $200,000 Active 87 DOM
39. 2026-09-30
    days on market $200,000 Active 86 DOM
40. 2026-09-29
    days on market $200,000 Active 85 DOM
41. 2026-09-28
    days on market $200,000 Active 84 DOM
42. 2026-09-27
    days on market $200,000 Active 83 DOM
43. 2026-09-26
    days on market $200,000 Active 82 DOM
44. 2026-09-25
    days on market $200,000 Active 81 DOM
45. 2026-09-24
    days on market $200,000 Active 80 DOM
46. 2026-09-23
    days on market $200,000 Active 79 DOM
47. 2026-09-22
    days on market $200,000 Active 78 DOM
48. 2026-09-21
    days on market $200,000 Active 77 DOM
49. 2026-09-20
    days on market $200,000 Active 76 DOM
50. 2026-09-19
    days on market $200,000 Active 75 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone X (shaded) · 12% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,897
• − Mortgage interest: −$11,203
• − Property taxes: −$3,000
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,912
• − Management: −$1,912
• − Depreciation: −$5,818
• Taxable loss: −$947
• Est. tax savings @ 24.0%: +$227
• After-tax cash flow: $2,520/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.

Condition & rehab AI · 0 photos

Fair 45/100 Moderate rehab Est. rehab $33,400–$60,120 screening

This townhome requires moderate repairs and maintenance to improve its condition and value. Painting, updating the exterior, and refinishing floors would significantly enhance its curb appeal and resale value.

Repairs flagged

• Minor kitchen cabinets — Light wear and tear
• Minor bathroom fixtures — Signs of age
• Minor exterior siding — Discoloration
• Minor hardwood floors — Worn in some areas
• Minor interior walls — Paint faded
• Minor windows — May need cleaning

Value-add opportunities

• Both Painting and updating exterior siding — Enhances curb appeal and value ↑
• Both Landscaping and garden beds — Improves curb appeal and adds value ↑
• Both Floor refinishing — Restores worn hardwood floors and adds value ↑
• Both Painting interior walls — Fresh paint enhances the home's appearance and value ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 38/100

Zoned Schools

Elementary William F Barnett El C- TX #720/4,322 Nat'l #11,114/41,679 Middle Santa Fe J H F TX #827/1,662 Nat'l #7,347/14,009 High Santa Fe H S F TX #1,228/1,632 Nat'l #12,196/17,239

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

D Composite livability gradescore 59/100

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 · 390,640 people
• City population: 23,083
• Metro: Houston-Pasadena-The Woodlands, TX
• Population (ZIP): 13,938
• Household income: $96,284
• Rent vs Own: 14.8% rent · 85.2% own
• Severe rent burden: 16% of renters

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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%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Hispanic / Latino 21% Two or more races 17% Asian 2%
• Hispanic origin (detail): Mexican 14% Puerto Rican 3% Cuban 1%
• Languages at home: 89% English-only · Spanish 10% Tagalog/Filipino 1%

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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: ▼ -54.15%
• Current HPI: 299.2228
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

Property features AI

Finance

• Other: Seller disclosure available
• Financial info: Lease not considered

Exterior

• Parking: Attached garage (1 car)
• Utilities: Public waterPublic sewerElectric service
• Home design: Single-story residential homeBuilt in 2002Slab foundation
• Construction: Brick constructionComposition roofSlab foundationBuilt in 2002
• Exterior features: Composition roof

Interior

• Kitchen: Kitchen open to family roomBreakfast bar
• Bedrooms: Bedroom on the first floor (16 x 12)Primary bedroom on the first floor (15 x 11)
• Bathrooms: Two full bathrooms
• Heating & cooling: Central heating (electric)Central air conditioning (electric)
• Interior features: Breakfast barDouble vanityKitchen open to family room

Price history

-11.8% since first listed

6 events — show timeline

• 2026-07-06 Listed $210,000 HARMLS
• 2026-06-15 Listing Removed — HARMLS
• 2026-05-06 Price Changed $214,900 HARMLS
• 2026-02-16 Price Changed $228,000 HARMLS
• 2025-11-03 Price Changed $234,900 HARMLS
• 2025-10-18 Listed $238,000 HARMLS