6301 Anderson St · Texas City, TX 77591

$170,000

3 bd · 1.0 ba · 848 sqft · SingleFamily public records · 40 Days on market

Built 1962 5,000 sqft lot $200/sqft · 42% above area Est $160k · 7% over ↓ 3% since listing

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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 +11.3/30.0
• ARV discount +4.6/15.0
• Rent growth +3.7/5.0
• DSCR +3.3/10.0
• 1% rule +3.2/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Beautifully updated 3-bedroom, 2-bath home featuring a desirable open-concept layout perfect for both everyday living and entertaining. The spacious living area flows seamlessly into the kitchen, offering ample cabinet space and a functional design that makes hosting a breeze. The primary suite provides a comfortable retreat with a private ensuite bathroom, while the additional bedrooms are well-sized and versatile. Recent updates give the home a fresh, modern feel throughout. Step outside to enjoy a fully fenced backyard—ideal for pets, play, or relaxing evenings outdoors. Conveniently located near shopping, dining, schools, and major roadways, this move-in-ready home is a must-see!

Key facts

• Move-in-ready home
• Spacious living area
• Ample cabinet space

Tags

• OPEN-CONCEPT LAYOUT
• SPACIOUS LIVING AREA
• AMPLE CABINET SPACE
• PRIVATE ENSUITE BATHROOM
• FULLY FENCED BACKYARD
• MOVE-IN-READY HOME

Property features AI

Finance

• Financial info: Lease considered

Exterior

• Utilities: Public water; Public sewer
• Home design: Residential property; One-story home (living area 1,131); Built in 1962
• Construction: Brick construction; Slab foundation; Composition roof
• Exterior features: Located in a subdivision

Interior

• Kitchen: Dishwasher; Electric range; Garbage disposal
• Bedrooms: 3 rooms (includes bedrooms and other living spaces)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air (electric)
• Interior features: Granite counters; 3 total rooms
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $170k.

Deal economics

• At list price, monthly cash flow is $-63 ($-750/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (6.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $139k (18.3% below list).
• Recommended offer: $139k (18.3% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 4.3% in Texas City — 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 62/100 on livability (#907 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, schools F, amenities 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 fast (+4.7%/yr); 240 active listings in the ZIP; 8 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; 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 $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 40 days — a 3% lower offer ($165k) 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

• 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 $138,871 (18.3% 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. It's been on market 40 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
7. 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?
8. 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.
9. 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.
10. 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: 0.82% ✗
• Cap rate: 5.85%
• Cash-on-cash: -1.58%
• DSCR: 0.93
• GRM: 10.2

CMA / ARV

• ARV (median comp): $159,558
• List price: $170,000
• Delta: 6.54%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
521 N Vionett Ln	0.45mi	3/1.0	828 (-2%)	0mo	$130,000	$157	75
6223 Linton Ln	0.11mi	2/1.0 (-1)	767 (-10%)	2mo	$99,000	$129	73
7019 Anderson St	0.45mi	3/1.0	913 (+8%)	3mo	$81,480	$89	63
117 Lake Rd	0.63mi	2/1.0 (-1)	800 (-6%)	14mo	$129,999	$162	44
404 S Texas St	0.62mi	2/1.0 (-1)	768 (-9%)	10mo	$80,000	$104	42
2000 Bellview St	0.71mi	2/1.0 (-1)	768 (-9%)	6mo	$124,900	$163	41
1710 Brookshire St	0.71mi	3/1.0	974 (+15%)	19mo	$149,900	$154	26

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 · 4.67% rent growth · sell at horizon

5-year hold

• IRR: -17.1%
• Equity multiple: 0.39×
• Total profit: $-29,144
• Equity at exit: $25,348

10-year hold

• IRR: -6.2%
• Equity multiple: 0.57×
• Total profit: $-20,385
• Equity at exit: $14,698

Cash invested: $47,600 (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 77591

• Home prices YoY: -5.6%
• Rents YoY: 4.7%
• Active inventory: 240
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $1,389 high
• Mortgage (P&I): −$891
• Tax from tax record: −$197 /mo · $2,367/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$292
• Net cashflow: $-63

Break-even live

Break-even rent $1,468

Max offer price $158,959

Occupancy floor 100%

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: $42,500
• Closing costs: $5,100
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
6607 Memorial Dr Texas City, TX	2.0	1.0	936	$1,200	$1.28	43d	1	0.42mi
306 Lake Rd Unit B La Marque, TX	2.0	1.0	816	$995	$1.22	43d	1	0.77mi
2328 Boss St La Marque, TX	2.0	1.0	848	$925	$1.09	12d	2	0.86mi
7561 Medical Center Dr Texas City, TX	2.0	2.0	892	$1,113	$1.25	43d	1	1.00mi
4417 Edward St Texas City, TX	2.0	2.0	983	$1,100	$1.12	3d	1	1.16mi
4417 Edward St Texas City, TX	2.0	2.0	983	$1,150	$1.17	2d	1	1.16mi
1013 Margot St La Marque, TX	3.0	2.0	1099	$1,500	$1.36	18d	1	1.16mi
711 Avenue A Unit 4 La Marque, TX	2.0	1.0	750	$799	$1.07	43d	1	1.40mi

Listing history 16 events

1. 2026-06-09
   days on market $170,000 Active 40 DOM
2. 2026-06-08
   days on market $170,000 Active 39 DOM
3. 2026-06-07
   days on market $170,000 Active 38 DOM
4. 2026-06-04
   days on market $170,000 Active 35 DOM
5. 2026-06-03
   days on market $170,000 Active 34 DOM
6. 2026-06-02
   days on market $170,000 Active 33 DOM
7. 2026-06-01
   days on market $170,000 Active 32 DOM
8. 2026-05-31
   days on market $170,000 Active 31 DOM
9. 2026-05-16
   price $1,550
10. 2026-04-30
    listed $170,000 Active 698-char remark
11. 2026-04-26
    listed $1,600
12. 2023-10-12
    historical $1,550
13. 2023-08-31
    listed $1,550
14. 2023-07-18
    soldstatus
15. 2023-07-18
    soldstatus
16. 2023-07-17
    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: $2,367 · $197/mo
• Projected year-2 tax: $3,111 · $259/mo
• Expected delta: +$744/yr (+$62/mo · 31.4%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (shaded) · 57% 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 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: $16,665
• − Mortgage interest: −$9,523
• − Property taxes: −$2,367
• − Insurance: −$850
• − Repairs & maintenance: −$1,333
• − Management: −$1,333
• − Depreciation: −$4,945
• Taxable loss: −$3,687
• Est. tax savings @ 24.0%: +$885
• After-tax cash flow: $135/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 — Texas City

• Score: 62/100
• State rank: #907
• US rank: #16268

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Texas City, TX
• County: Galveston County · 357,330 people
• City population: 49,936
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 18,294
• Household income: $68,593
• Rent vs Own: 44.6% rent · 55.4% own
• Severe rent burden: 718.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Black 50% White 26% Hispanic / Latino 19% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Lithuanian 2% Romanian 1% Slovak 1%
• Foreign-born: 7% · Canada, China
• Languages at home: 88% English-only · Spanish 9% Other Indo-European 1% Chinese 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: ▼ -14.63%
• Current HPI: 247.1905
• Rent YoY: ▲ 4.67%
• 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

-3.2% since first listed

11 events — show timeline

• 2026-06-15 Rental Removed $1,500 HARMLS
• 2026-06-13 Listing Removed — HARMLS
• 2026-06-03 Price Changed $1,500 HARMLS
• 2026-05-16 Price Changed $1,550 HARMLS
• 2026-04-30 Listed $170,000 HARMLS
• 2026-04-26 Listed for Rent $1,600 HARMLS
• 2023-10-12 Rental Removed $1,550 HARMLS
• 2023-08-31 Listed for Rent $1,550 HARMLS
• 2023-07-18 Sold (Public Records) — Public Records
• 2023-07-18 Sold (Public Records) — Public Records
• 2023-07-17 Sold (Public Records) — Public Records

Property tax history

+15.2%/yr

Latest (2025): $2,367 · +21.8% YoY. Source: county tax records.