612 Sunset Ln · La Marque, TX 77568

$178,000

3 bd · 1.5 ba · 1,770 sqft · SingleFamily public records · 129 Days on market

Built 1950 8,812 sqft lot $101/sqft · at area comps Est $186k · at est. ↓ 37% 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 +19.1/30.0
• ARV discount +9.3/15.0
• 1% rule +6.5/10.0
• DSCR +6.0/10.0
• Rent growth +3.5/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to this charming and spacious home offering a comfortable layout and modern touches throughout. The inviting living room provides plenty of space to gather and unwind, while the updated kitchen shines with a beautiful statement light fixture and flows seamlessly into the dining and living areas for easy everyday living and entertaining. The primary bedroom serves as a private retreat with its own ensuite bath, creating a relaxing space to recharge. Step outside to a fully fenced backyard featuring a covered patio and ample greenspace, perfect for outdoor dining, pets, or weekend get-togethers. Conveniently located near local parks, neighborhood schools, and shopping and dining options along FM 1764 and I-45, with easy access to Galveston beaches and nearby recreation, this home blends comfort, convenience, and a great location.

Key facts

• Ample greenspace
• Covered patio
• Updated kitchen

Tags

• UPDATED KITCHEN
• FULLY FENCED BACKYARD
• COVERED PATIO
• AMPLE GREENSPACE

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $178k.

Deal economics

• At list price, monthly cash flow is $121 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $178k).
• Recommended offer: $157k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.6% vs local median 5.6% 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, schools F, crime F.
• Texas City ISD (suburban): math 28% / reading 29% proficiency, ranked #655 of 826 in TX (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+4.0%/yr); 654 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% 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 $1k of loan paydown is wiped out by about $5k 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 129 days — a 12% lower offer ($157k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y 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

• Watch-outs: property tax is 2.8% of price; flood insurance adds $66/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $156,640 (12.0% below list)

Questions for the listing agent

1. It's been on market 129 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 1.15% ✓
• Cap rate: 7.56%
• Cash-on-cash: 4.51%
• DSCR: 1.20
• GRM: 7.3

CMA / ARV

• ARV (median comp): $185,631
• List price: $178,000
• Delta: -4.11%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1303 Red Bud Ln Ln	0.26mi	3/2.0	1,796 (+2%)	4mo	$170,000	$95	80
524 Avenue A	0.39mi	4/2.5 (+1)	1,778 (+0%)	2mo	$249,000	$140	71
1112 Cora St	0.32mi	3/2.0	1,631 (-8%)	6mo	$175,000	$107	65
328 S Oak St	0.62mi	3/2.0	1,786 (+1%)	6mo	$139,000	$78	63
1825 Thompson St	0.55mi	3/2.5	1,676 (-5%)	4mo	$229,900	$137	58
2405 Stonewall St	0.56mi	4/3.0 (+1)	1,812 (+2%)	2mo	$249,900	$138	58
727 Eleanor St	0.55mi	3/2.5	1,672 (-6%)	6mo	$170,000	$102	56
1010 Ross St	0.55mi	3/2.5	1,520 (-14%)	3mo	$269,000	$177	44
1518 Oleander Dr	0.74mi	4/2.0 (+1)	1,940 (+10%)	2mo	$299,000	$154	40
612 Honeysuckle Dr	0.64mi	3/2.0	1,504 (-15%)	4mo	$159,000	$106	40
2115 Scott St	0.74mi	3/2.5	1,584 (-10%)	7mo	$159,000	$100	38
1311 Scott St	0.69mi	2/2.0 (-1)	1,520 (-14%)	6mo	$164,000	$108	32

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: -10.3%
• Equity multiple: 0.62×
• Total profit: $-18,978
• Equity at exit: $26,540

10-year hold

• IRR: 0.7%
• Equity multiple: 1.05×
• Total profit: $2,406
• Equity at exit: $15,390

Cash invested: $49,840 (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: 654
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,040 high
• Mortgage (P&I): −$933
• Tax from tax record: −$416 /mo · $4,996/yr
• Insurance: −$74
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $121

Break-even live

Break-even rent $1,887

Max offer price $178,000

Occupancy floor 89%

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: $44,500
• Closing costs: $5,340
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1230 Kirsten St La Marque, TX	3.0	2.0	1704	$1,660	$0.97	3d	1	0.42mi
1029 Sycamore St La Marque, TX	3.0	2.0	1928	$1,695	$0.88	15d	1	0.43mi
203 Beatrice St La Marque, TX	3.0	1.0	1304	$1,395	$1.07	24d	1	0.53mi
1401 Austin St La Marque, TX	4.0	3.0	1542	$2,400	$1.56	43d	1	0.76mi
309 S Bell Dr Texas City, TX	2.0	2.0	1316	$1,650	$1.25	43d	1	0.81mi
1006 E Camp Cir La Marque, TX	3.0	1.0	1230	$1,500	$1.22	24d	1	0.94mi
113 N Pecan Dr Texas City, TX	4.0	2.0	1468	$3,000	$2.04	43d	1	1.04mi
105 Plum St La Marque, TX	4.0	1.5	1329	$2,100	$1.58	3d	1	1.42mi

Listing history 25 events

1. 2026-06-18
   pricedays on market $178,000 Active 129 DOM
2. 2026-06-15
   days on market $170,000 Active 130 DOM
3. 2026-06-13
   days on market $170,000 Active 128 DOM
4. 2026-06-09
   days on market $170,000 Active 124 DOM
5. 2026-06-08
   days on market $170,000 Active 123 DOM
6. 2026-06-07
   days on market $170,000 Active 122 DOM
7. 2026-06-04
   days on market $170,000 Active 119 DOM
8. 2026-06-03
   days on market $170,000 Active 118 DOM
9. 2026-06-02
   days on market $170,000 Active 117 DOM
10. 2026-06-01
    days on market $170,000 Active 116 DOM
11. 2026-05-31
    days on market $170,000 Active 115 DOM
12. 2026-02-24
    price $170,000 850-char remark

    Show marketing remark (850 chars)

    Welcome to this charming and spacious home offering a comfortable layout and modern touches throughout. The inviting living room provides plenty of space to gather and unwind, while the updated kitchen shines with a beautiful statement light fixture and flows seamlessly into the dining and living areas for easy everyday living and entertaining. The primary bedroom serves as a private retreat with its own ensuite bath, creating a relaxing space to recharge. Step outside to a fully fenced backyard featuring a covered patio and ample greenspace, perfect for outdoor dining, pets, or weekend get-togethers. Conveniently located near local parks, neighborhood schools, and shopping and dining options along FM 1764 and I-45, with easy access to Galveston beaches and nearby recreation, this home blends comfort, convenience, and a great location.

13. 2026-02-05
    listed $180,000 Active 850-char remark

    Show marketing remark (850 chars)

    Welcome to this charming and spacious home offering a comfortable layout and modern touches throughout. The inviting living room provides plenty of space to gather and unwind, while the updated kitchen shines with a beautiful statement light fixture and flows seamlessly into the dining and living areas for easy everyday living and entertaining. The primary bedroom serves as a private retreat with its own ensuite bath, creating a relaxing space to recharge. Step outside to a fully fenced backyard featuring a covered patio and ample greenspace, perfect for outdoor dining, pets, or weekend get-togethers. Conveniently located near local parks, neighborhood schools, and shopping and dining options along FM 1764 and I-45, with easy access to Galveston beaches and nearby recreation, this home blends comfort, convenience, and a great location.

14. 2023-10-03
    soldstatus
15. 2023-09-27
    historical
16. 2023-09-06
    price $219,900
17. 2023-08-25
    status Active
18. 2023-07-24
    historical
19. 2023-07-24
    historical
20. 2023-05-23
    price $235,900
21. 2023-05-17
    price $254,900
22. 2023-04-30
    listed $269,900 Active
23. 2023-01-20
    soldstatus
24. 2023-01-19
    soldstatus
25. 1995-10-31
    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: $4,996 · $416/mo
• Projected year-2 tax: $4,996 · $416/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 7/10 Severe FEMA zone X · 60% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 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: $24,477
• − Mortgage interest: −$9,971
• − Property taxes: −$4,996
• − Insurance: −$1,688
• − Repairs & maintenance: −$1,958
• − Management: −$1,958
• − Depreciation: −$5,178
• Taxable loss: −$1,272
• Est. tax savings @ 24.0%: +$305
• After-tax cash flow: $1,757/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: Texas City ISD
• NCES district ID: 4842510
• Math proficiency: 28% ▼ -10.00%
• Reading proficiency: 29% ▼ -4.00%
• Median HH income: $44,875
• Composite: 24.47/100
• National rank: #7664
• State rank: #655 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

-37.0% since first listed

14 events — show timeline

• 2026-02-24 Price Changed $170,000 HARMLS
• 2026-02-05 Listed $180,000 HARMLS
• 2023-10-03 Sold (Public Records) — Public Records
• 2023-09-27 Listing Removed — HARMLS
• 2023-09-06 Price Changed $219,900 HARMLS
• 2023-08-25 Relisted — HARMLS
• 2023-07-24 Rental Removed — HARMLS
• 2023-07-24 Listing Removed — HARMLS
• 2023-05-23 Price Changed $235,900 HARMLS
• 2023-05-17 Price Changed $254,900 HARMLS
• 2023-04-30 Listed $269,900 HARMLS
• 2023-01-20 Sold (Public Records) — Public Records
• 2023-01-19 Sold (Public Records) — Public Records
• 1995-10-31 Sold (Public Records) — Public Records

Property tax history

+9.0%/yr

Latest (2025): $4,996 · +2.7% YoY. Source: county tax records.