101 Ghent Pl · Portland, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 10/10 · Severe
- Hot days now (above 106°F)
- 7 days/yr
- Hot days in 30 yrs
- 28 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D 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 +15.2/30.0
- ARV discount +6.9/15.0
- 1% rule +5.0/10.0
- DSCR +4.7/10.0
- Livability +4.0/5.0
- Schools +3.7/10.0
- Condition / age +2.5/5.0
- Rent growth +2.0/5.0
- Appreciation +0.0/10.0
$250,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Schedule a showing today and make this beautiful house your new home!
Key facts
- Double vanity sink
- Privacy fence
- Cozy fireplace
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/3.0-bath single-family listed at $250k.
Deal economics
- At list price, monthly cash flow is $87 ($1k/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 $250k (0.0% below list).
- Recommended offer: $220k (12.0% below list) — sets the bar for market timing.
- Cap rate 6.7% vs local median 4.2% in Portland — 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 80/100 on livability (#36 in TX, #1,740 nationally) — a professional / high-income tenant draw. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
- Gregory-Portland ISD (suburban): math 41% / reading 42% proficiency, ranked #314 of 826 in TX (top 38%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: East Cliff El (math 55% / reading 52%, grade C, #686 of 4,322 statewide, top 16%, 580 students, 38% FRL); Gregory-Portland Middle (math 43% / reading 39%, grade F, #613 of 1,662 statewide, top 38%, 1,124 students, 48% FRL); Gregory-Portland H S (math 28% / reading 50%, grade F, #859 of 1,632 statewide, top 53%, 1,464 students, 45% FRL) — zoned schools at 44% FRL track the district average.
- Market conditions: Rents soft (-1.8%/yr); 307 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 344 units permitted in San Patricio County in 2024 (0 in 5+ unit buildings).
- This rent runs 36% of the median local income ($84k/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 $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- San Patricio County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 389 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
- 8 sale attempts since 7y ago; this cycle's ask has dropped $40k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 389 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1964 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- 6.71%
- Cash-on-cash
- 1.49%
- DSCR
- 1.07
- GRM
- 8.3
CMA / ARV
- ARV (median comp)
- $246,786
- List price
- $250,000
- Delta
- 1.30%
- 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 |
|---|---|---|---|---|---|---|---|
| 117 Granby Pl | 0.40mi | 4/2.0 | 2,251 (-3%) | 4mo | $350,000 | $155 | 69 |
| 104 E Janin | 0.49mi | 4/2.5 | 2,220 (-4%) | 3mo | $249,000 | $112 | 65 |
| 418 Seco Dr | 0.48mi | 4/2.5 | 2,201 (-5%) | 3mo | $295,000 | $134 | 64 |
| 318 Seco Dr | 0.53mi | 4/2.0 | 2,295 (-1%) | 6mo | $495,000 | $216 | 64 |
| 224 Pecos St | 0.32mi | 4/2.0 | 2,114 (-9%) | 4mo | $208,000 | $98 | 63 |
| 219 Poesta Dr | 0.51mi | 3/2.0 (-1) | 2,252 (-3%) | 3mo | $279,900 | $124 | 59 |
| 414 Long Pointe Dr | 0.72mi | 4/2.5 | 2,480 (+7%) | 6mo | $399,900 | $161 | 48 |
| 409 Long Point Dr | 0.74mi | 4/3.0 | 2,170 (-7%) | 7mo | $339,000 | $156 | 48 |
| 135 Sabine St | 0.48mi | 4/2.0 | 2,041 (-12%) | 7mo | $290,000 | $142 | 47 |
| 120 Seco Dr | 0.64mi | 3/2.0 (-1) | 2,112 (-9%) | 1mo | $327,000 | $155 | 45 |
| 120 Chiltipin Dr | 0.57mi | 4/3.0 | 2,652 (+14%) | 6mo | $437,500 | $165 | 45 |
| 204 Sandpiper Dr | 0.72mi | 3/3.0 (-1) | 2,068 (-11%) | 1mo | $412,000 | $199 | 42 |
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 · 0.0% rent growth · sell at horizon
- IRR
- -17.6%
- Equity multiple
- 0.40×
- Total profit
- $-42,160
- Equity at exit
- $37,276
- IRR
- -17.5%
- Equity multiple
- 0.18×
- Total profit
- $-57,335
- Equity at exit
- $21,615
Cash invested: $70,000 (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
ZIP-level market 78374
- Rents YoY
- -1.8%
- Active inventory
- 307
- Price-to-rent
- 8.3×
Monthly cashflow live
- Estimated rent
- $2,500 high interval (Pro) →
- Mortgage (P&I)
- −$1,311
- Tax from tax record
- −$473 /mo · $5,672/yr
- Insurance
- −$104
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$525
- Net cashflow
- $87
Break-even live
Sensitivity live
| Price | -10% $229 | -5% $158 | +0% $87 | +5% $16 | +10% $-55 |
|---|---|---|---|---|---|
| Rent | -10% $-110 | -5% $-12 | +0% $87 | +5% $186 | +10% $284 |
| Rate | -1.0pp $213 | -0.5pp $151 | base $87 | +0.5pp $22 | +1.0pp $-44 |
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
- $62,500
- Closing costs
- $7,500
- 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 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 207 Blanco Dr Portland, TX | 4.0 | 2.0 | 1701 | $2,550 | $1.50 | 45d | 1 | 0.14mi |
| 214 Shore Dr Portland, TX | 3.0 | 3.0 | 2289 | $3,200 | $1.40 | 45d | 1 | 0.60mi |
| 1801 Atascosa Dr Portland, TX | 3.0 | 2.0 | 1594 | $1,600 | $1.00 | 15d | 1 | 1.02mi |
| 217 Palmer Dr Portland, TX | 3.0 | 2.0 | 1904 | $2,175 | $1.14 | 15d | 1 | 1.06mi |
| 1506 Briar St Portland, TX | 3.0 | 2.0 | 1803 | $2,300 | $1.28 | 45d | 1 | 1.36mi |
| 2012 Cottonwood Dr Portland, TX | 4.0 | 2.0 | 1619 | $2,350 | $1.45 | 23d | 1 | 1.43mi |
| 2112 Westwood Dr Portland, TX | 4.0 | 3.5 | 1863 | $2,350 | $1.26 | 15d | 1 | 1.46mi |
Listing history 50 events
-
2026-06-21days on market $250,000 Active 389 DOM
-
2026-06-18days on market $250,000 Active 386 DOM
-
2026-06-17days on market $250,000 Active 385 DOM
-
2026-06-16days on market $250,000 Active 384 DOM
-
2026-06-15days on market $250,000 Active 383 DOM
-
2026-06-14days on market $250,000 Active 381 DOM
-
2026-06-13days on market $250,000 Active 380 DOM
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2026-06-10days on market $250,000 Active 378 DOM
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2026-06-09days on market $250,000 Active 377 DOM
-
2026-06-08days on market $250,000 Active 376 DOM
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2026-06-07days on market $250,000 Active 375 DOM
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2026-06-03days on market $250,000 Active 371 DOM
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2026-06-02days on market $250,000 Active 370 DOM
-
2026-06-01days on market $250,000 Active 369 DOM
-
2026-05-31days on market $250,000 Active 368 DOM
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2026-05-30days on market $250,000 Active 367 DOM
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2026-04-10price $250,000 870-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2026-04-10price $250,000 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2026-03-09price $257,000 870-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2026-03-09price $257,000 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2026-02-03price $262,000 870-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2026-02-03price $262,000 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2026-01-08price $267,000 870-char remark
Show marketing remark (870 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Schedule a showing today and make this beautiful house your new home!
-
2026-01-07price $267,000 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2025-10-16price $270,000 870-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
-
2025-10-16price $270,000 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
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2025-08-11price $275,000 870-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
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2025-08-11price $275,000 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
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2025-06-26price $283,000 870-char remark
Show marketing remark (870 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Schedule a showing today and make this beautiful house your new home!
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2025-06-25price $283,000 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
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2025-04-16$290,000 New 870-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
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2025-04-16$290,000 Active 884-char remark
Show marketing remark (884 chars)
Come check out this beautiful four bedroom, three bath home in Portland. This home is in a well established neighborhood close to shopping centers, restaurants, the beach and the highway! This home has received numerous updates but still offers the perfect opportunity to add your personal touch. The spacious living room offers a cozy fireplace with an open layout providing ample space for a sitting room or an office. The master suite features a double vanity sink, walk in closet and an updated walk in shower. The master bedroom features an updated shower and large closet. The back yard features a covered entertainment area and a privacy fence perfect for entertaining guest. Sellers are motivated and may consider buyer concessions with a reasonable offer. Don't miss out on this opportunity! Contact me today to schedule a viewing and make this beautiful house your new home!
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2022-09-17historical
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2022-09-12price $240,000
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2022-08-17price $249,500
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2022-08-02$255,000 Active
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2020-10-30soldstatus
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2020-10-09historical
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2020-10-09soldstatus Closed
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2020-08-29status Pending
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2020-08-24historical Active Under Contract
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2020-07-31status Active
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2020-07-25historical Active Under Contract
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2020-07-11price $199,000
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2020-06-23price $209,999
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2020-06-07status Active
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2020-06-07price $227,795
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2019-12-25historical
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2019-12-07price $189,999
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2019-12-02$199,900 Active
ⓘ 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
- $5,672 · $473/mo
- Projected year-2 tax
- $5,672 · $473/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 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥106°F today · 28 d/yr by 30 yrs out
- Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
- $29,997
- − Mortgage interest
- −$14,004
- − Property taxes
- −$5,672
- − Insurance
- −$1,250
- − Repairs & maintenance
- −$2,400
- − Management
- −$2,400
- − Depreciation
- −$7,273
- Taxable loss
- −$3,000
- Est. tax savings @ 24.0%
- +$720
- After-tax cash flow
- $1,764/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
- Gregory-Portland ISD
- NCES district ID
- 4821780
- Math proficiency
- 41% ▼ -15.00%
- Reading proficiency
- 42% ▼ -9.00%
- Median HH income
- $59,135
- Composite
- 36.62/100
- National rank
- #4622
- State rank
- #314 of 826 in TX
Livability — Portland
- Score
- 80/100
- State rank
- #36
- US rank
- #1740
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Portland, TX
- County
- San Patricio County · 31,224 people
- City population
- 20,408
- Metro
- Corpus Christi, TX
- Population (ZIP)
- 20,408
- Household income
- $83,504
- Rent vs Own
- Severe rent burden
- 523.0
Population outlook (San Patricio County) Hauer SSP2
- Today (2025)
- 75,538 people
- By 2030
- 79,575 · +5.3%
- By 2040
- 87,670 · +16.1%
- By 2050
- 96,107 · +27.2%
- By 2075
- 117,984 · +56.2%
- By 2100
- 130,010 · +72.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- White 51% Hispanic / Latino 41% Two or more races 19% Asian 2% Black 2%
- Hispanic origin (detail)
- Mexican 35% Cuban 2%
- Common ancestry
- Lithuanian 2% Slovak 2% Estonian 1%
- Foreign-born
- 7% · Canada
- Languages at home
- 79% English-only · Spanish 18% Other Indo-European 2% Tagalog/Filipino 0%
Political lean MEDSL · San Patricio
- 2024 margin
- Solid R (+36.4) · D 31.4% · R 67.8%
- 2008→2024 swing
- -19.8pp toward R · 2008: -16.6pp · 2024: -36.4pp
- All cycles
- 2024: R+36.4 2020: R+29.1 2016: R+24.1 2012: R+20.6 2008: R+16.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -227.28%
- Current HPI
- 166.5529
- Rent YoY
- ▼ -1.84%
- Metro
- Corpus Christi, 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+73.9% since first listed41 events — show timeline
- 2026-04-10 Price Changed $250,000 LERA
- 2026-04-10 Price Changed $250,000 CBMLS
- 2026-03-09 Price Changed $257,000 LERA
- 2026-03-09 Price Changed $257,000 CBMLS
- 2026-02-03 Price Changed $262,000 LERA
- 2026-02-03 Price Changed $262,000 CBMLS
- 2026-01-08 Price Changed $267,000 LERA
- 2026-01-07 Price Changed $267,000 CBMLS
- 2025-10-16 Price Changed $270,000 LERA
- 2025-10-16 Price Changed $270,000 CBMLS
- 2025-08-11 Price Changed $275,000 LERA
- 2025-08-11 Price Changed $275,000 CBMLS
- 2025-06-26 Price Changed $283,000 LERA
- 2025-06-25 Price Changed $283,000 CBMLS
- 2025-04-16 Listed $290,000 LERA
- 2025-04-16 Listed $290,000 CBMLS
- 2022-09-17 Delisted — CBMLS
- 2022-09-12 Price Changed $240,000 CBMLS
- 2022-08-17 Price Changed $249,500 CBMLS
- 2022-08-02 Listed $255,000 CBMLS
- 2020-10-30 Sold (Public Records) — Public Records
- 2020-10-09 Delisted — CBMLS
- 2020-10-09 Sold (MLS) — CBMLS
- 2020-08-29 Pending — CBMLS
- 2020-08-24 Contingent — CBMLS
- 2020-07-31 Relisted — CBMLS
- 2020-07-25 Contingent — CBMLS
- 2020-07-11 Price Changed $199,000 CBMLS
- 2020-06-23 Price Changed $209,999 CBMLS
- 2020-06-07 Relisted — CBMLS
- 2020-06-07 Price Changed $227,795 CBMLS
- 2019-12-25 Delisted — CBMLS
- 2019-12-07 Price Changed $189,999 CBMLS
- 2019-12-02 Listed $199,900 CBMLS
- 2019-11-26 Delisted — CBMLS
- 2019-11-02 Price Changed $199,900 CBMLS
- 2019-10-18 Listed $219,900 CBMLS
- 2019-02-18 Delisted — CBMLS
- 2019-01-11 Price Changed $129,000 CBMLS
- 2019-01-06 Listed $143,750 CBMLS
- 2018-08-30 Sold (Public Records) — Public Records
Property tax history
+9.7%/yrLatest (2025): $5,672 · +13.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…