141 W Lakeside Dr · Huntsville, TX 77320

$55,000

2 bd · 1.0 ba · 1,164 sqft · SingleFamily public records · 314 Days on market

Built 1988 0.36 ac lot $47/sqft · 75% below area $7/mo HOA · 1% of rent

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Why this score? — see what drove the B- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Rent growth +3.2/5.0
• Livability +3.2/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

The house is not inhabitable without a total renovation. The sale includes Lots 122 & 123. This is a quintessentially rural Texas waterfront property located on the Trinity River. Archery, Upland Game, General Gun, Waterfowl, Muzzle head. Pack up your boat, gun and hunting dog for your weekend hunting/fishing retreat. This is a quiet neighborhood with a private boat ramp. Priced for value of the land only. between Huntsville and Trinity. Just over 2mi by boat to the Ultimate waterfowl hunting known as "The Jungle" 4mi to "Little Robs" the best Gar & Catfishing and Bowfishing in Texas. Finally, a 20-min boat ride to Onalaska for White Bass and Striper Fishing. The lots have septic systems install and electrical pole. Each lot can be built on.

Key facts

• Private boat ramp
• Quiet neighborhood
• Waterfront property

Tags

• WATERFRONT PROPERTY
• PRIVATE BOAT RAMP
• HUNTING FISHING RETREAT
• QUIET NEIGHBORHOOD
• BOAT RIDE TO ONALASKA

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $529 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.3% vs local median 2.8% in Huntsville — 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 63/100 on livability (#825 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+; Watch: amenities C-, crime D-, commute 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: Street El (449 students, 70% FRL); Lincoln J H (math 14% / reading 28%, grade F, #1,387 of 1,662 statewide, top 85%, 347 students, 58% FRL); Coldspring-Oakhurst H S (math 27% / reading 37%, grade F, #1,044 of 1,632 statewide, top 66%, 496 students, 55% FRL) — zoned schools at 61% FRL track the district average.
• Market conditions: Rents rising (+2.9%/yr); 520 active listings in the ZIP; 575 units permitted in San Jacinto County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• San Jacinto County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 2.9% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 314 days — a 12% lower offer ($48k) 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

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; 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 $48,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 314 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
9. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
10. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
11. 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.
12. 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.
13. 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: 2.36% ✓
• Cap rate: 19.28%
• Cash-on-cash: 46.37%
• DSCR: 3.06
• GRM: 3.5

CMA / ARV

• ARV (median comp): $219,912
• List price: $55,000
• Delta: -74.99%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
96 N Lakeside Dr	0.17mi	2/1.0	1,184 (+2%)	1mo	$215,000	$182	89
223 Houston Dr	0.35mi	3/2.0 (+1)	1,320 (+13%)	17mo	$500,000	$379	38

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 · 2.89% rent growth · sell at horizon

5-year hold

• IRR: 37.7%
• Equity multiple: 2.60×
• Total profit: $24,701
• Equity at exit: $8,201

10-year hold

• IRR: 44.2%
• Equity multiple: 5.20×
• Total profit: $64,642
• Equity at exit: $4,755

Cash invested: $15,400 (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 77320

• Home prices YoY: -33.0%
• Rents YoY: 2.9%
• Active inventory: 520
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $1,298 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$112 /mo · $1,341/yr
• Insurance: −$23
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$7
• Vacancy / Maint / Mgmt: −$273
• Net cashflow: $529

Break-even live

Break-even rent $629

Max offer price $55,000

Occupancy floor 54%

Sensitivity live

Price	-10% $560	-5% $544	+0% $529	+5% $513	+10% $497
Rent	-10% $426	-5% $477	+0% $529	+5% $580	+10% $631
Rate	-1.0pp $556	-0.5pp $543	base $529	+0.5pp $514	+1.0pp $500

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $7 · $84/yr
• Likely covers: waterelectric

Listing history 23 events

1. 2026-06-21
   days on market $55,000 Active 314 DOM
2. 2026-06-19
   days on market $55,000 Active 312 DOM
3. 2026-06-18
   days on market $55,000 Active 311 DOM
4. 2026-06-17
   days on market $55,000 Active 310 DOM
5. 2026-06-16
   days on market $55,000 Active 309 DOM
6. 2026-06-15
   days on market $55,000 Active 308 DOM
7. 2026-06-14
   days on market $55,000 Active 306 DOM
8. 2026-06-13
   days on market $55,000 Active 305 DOM
9. 2026-06-10
   days on market $55,000 Active 303 DOM
10. 2026-06-09
    days on market $55,000 Active 302 DOM
11. 2026-06-08
    days on market $55,000 Active 301 DOM
12. 2026-06-07
    days on market $55,000 Active 300 DOM
13. 2026-06-03
    days on market $55,000 Active 296 DOM
14. 2026-06-02
    days on market $55,000 Active 295 DOM
15. 2026-06-01
    days on market $55,000 Active 294 DOM
16. 2026-05-31
    days on market $55,000 Active 293 DOM
17. 2026-05-30
    days on market $55,000 Active 292 DOM
18. 2025-08-11
    historical

    Show marketing remark (779 chars)

    The house is not inhabitable without a total renovation. The sale includes Lots 122 & 123. This is a quintessentially rural Texas waterfront property located on the Trinity River. Archery, Upland Game, General Gun, Waterfowl, Muzzle head. Pack up your boat, gun and hunting dog for your weekend hunting/fishing retreat. This is a quiet neighborhood with a private boat ramp. Priced for value of the land only. between Huntsville and Trinity. Just over 2mi by boat to the Ultimate waterfowl hunting known as "The Jungle" 4mi to "Little Robs" the best Gar & Catfishing and Bowfishing in Texas. Finally, a 20-min boat ride to Onalaska for White Bass and Striper Fishing. The lots have septic systems install and electrical pole. Each lot can be built on.

19. 2025-08-11
    listed $55,000 Active 779-char remark

    Show marketing remark (779 chars)

    The house is not inhabitable without a total renovation. The sale includes Lots 122 & 123. This is a quintessentially rural Texas waterfront property located on the Trinity River. Archery, Upland Game, General Gun, Waterfowl, Muzzle head. Pack up your boat, gun and hunting dog for your weekend hunting/fishing retreat. This is a quiet neighborhood with a private boat ramp. Priced for value of the land only. between Huntsville and Trinity. Just over 2mi by boat to the Ultimate waterfowl hunting known as "The Jungle" 4mi to "Little Robs" the best Gar & Catfishing and Bowfishing in Texas. Finally, a 20-min boat ride to Onalaska for White Bass and Striper Fishing. The lots have septic systems install and electrical pole. Each lot can be built on.

20. 2025-05-03
    listed $55,000 Active
21. 2019-01-15
    soldstatus
22. 2018-12-12
    soldstatus
23. 2003-07-16
    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: $1,341 · $112/mo
• Projected year-2 tax: $1,341 · $112/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 X (unshaded) · 99% 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: $15,572
• − Mortgage interest: −$3,081
• − Property taxes: −$1,341
• − Insurance: −$1,072
• − Repairs & maintenance: −$1,246
• − Management: −$1,246
• − HOA: −$84
• − Depreciation: −$1,600
• Taxable income: $5,902
• Est. tax owed @ 24.0%: −$1,416
• After-tax cash flow: $4,927/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 — Huntsville

• Score: 63/100
• State rank: #825
• US rank: #14909

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Walker County · 75,669 people
• City population: 75,669
• Metro: Huntsville, TX
• Population (ZIP): 38,152
• Household income: $55,663
• Rent vs Own: 34.1% rent · 65.9% own
• Severe rent burden: 1030.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 50% Hispanic / Latino 26% Black 21% Two or more races 15%
• Hispanic origin (detail): Mexican 20%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 2%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 79% English-only · Spanish 19%

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: ▼ -93.48%
• Current HPI: 190.199
• Rent YoY: ▲ 2.89%
• Metro: Huntsville, 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

+0.0% since first listed

6 events — show timeline

• 2025-08-11 Listed $55,000 HARMLS
• 2025-08-11 Listing Removed — HARMLS
• 2025-05-03 Listed $55,000 HARMLS
• 2019-01-15 Sold (Public Records) — Public Records
• 2018-12-12 Sold (Public Records) — Public Records
• 2003-07-16 Sold (Public Records) — Public Records

Property tax history

+4.7%/yr

Latest (2025): $1,341 · +8.6% YoY. Source: county tax records.