1820 Rosalee St · La Marque, TX 77568

$110,000

3 bd · 2.0 ba · 1,326 sqft · SingleFamily public records · 260 Days on market

Built 1965 Average condition 7,126 sqft lot $83/sqft · 44% below area Est $197k · 44% under

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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
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Rent growth +3.5/5.0
• Livability +3.0/5.0
• Condition / age +2.8/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This property is a hidden gem with incredible potential! Solid brick exterior and a spacious interior make this property an ideal investment opportunity. With a little TLC, you can unlock its full potential and create the home or rental property of your dreams. Perfect for investors! Opportunities like this don’t last long. Schedule your showing today!

Key facts

• 7,126 sq ft lot
• Garage
• Built 1965

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $110k. Condition is rated average.

Deal economics

• At list price, monthly cash flow is $454 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $110k).
• Recommended offer: $97k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.3% 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, 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); 783 active listings in the ZIP; 26 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 46% 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 $761 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 4.0% rent growth), your $31k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 260 days — a 12% lower offer ($97k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 19y ago; this cycle's ask has dropped $29k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.3% of price.
• 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 $96,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 260 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 1965 — 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. 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 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?
7. 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?
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: 1.58% ✓
• Cap rate: 11.25%
• Cash-on-cash: 17.70%
• DSCR: 1.79
• GRM: 5.3

CMA / ARV

• ARV (median comp): $197,224
• List price: $110,000
• Delta: -44.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1708 Rosalee St	0.12mi	2/2.0 (-1)	1,316 (-1%)	2mo	$180,000	$137	86
1716 Rosalee St	0.07mi	3/2.0	1,420 (+7%)	2mo	$110,000	$77	83
1815 Thompson St	0.16mi	3/2.0	1,250 (-6%)	2mo	$199,000	$159	81
2026 Rosalee St	0.22mi	3/2.0	1,270 (-4%)	2mo	$189,000	$149	81
2301 Boss St	0.14mi	3/2.0	1,410 (+6%)	2mo	$239,000	$170	81
2107 Rosalee St	0.27mi	3/2.0	1,380 (+4%)	1mo	$185,000	$134	80
208 Preston St	0.36mi	3/1.0	1,364 (+3%)	2mo	$157,999	$116	72
2709 Virginia St	0.37mi	2/2.0 (-1)	1,365 (+3%)	2mo	$183,500	$134	71
118 Brown St	0.44mi	3/1.0	1,275 (-4%)	3mo	$205,000	$161	66
3029 Taylor St	0.63mi	3/1.0	1,330 (+0%)	3mo	$135,000	$102	64
1405 Austin St	0.62mi	3/2.0	1,389 (+5%)	2mo	$235,000	$169	62
5717 Eunice St	0.56mi	3/1.5	1,433 (+8%)	3mo	$110,000	$77	56

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: 10.5%
• Equity multiple: 1.42×
• Total profit: $12,924
• Equity at exit: $16,401

10-year hold

• IRR: 20.5%
• Equity multiple: 2.82×
• Total profit: $56,068
• Equity at exit: $9,511

Cash invested: $30,800 (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 →

Balanced market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 33 active · 20 under contract
• Months of supply: 6.0 mo (17%/mo absorbed)
• Median asking: $180,000 ($146/sqft)
• Median days on market: 50 d
• This list price: 3% of active listings are priced below it
• ARV vs active asking: +2.0% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 77568

• Home prices YoY: -22.7%
• Rents YoY: 4.0%
• Active inventory: 783
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,743 high
• Mortgage (P&I): −$577
• Tax from tax record: −$300 /mo · $3,596/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$366
• Net cashflow: $454

Break-even live

Break-even rent $1,168

Max offer price $110,000

Occupancy floor 69%

Sensitivity live

Price	-10% $517	-5% $486	+0% $454	+5% $423	+10% $392
Rent	-10% $317	-5% $386	+0% $454	+5% $523	+10% $592
Rate	-1.0pp $510	-0.5pp $482	base $454	+0.5pp $426	+1.0pp $397

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: $27,500
• Closing costs: $3,300
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 26 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
309 S Bell Dr Texas City, TX	2.0	2.0	1316	$1,600	$1.22	7d	1	0.37mi
1013 Margot St La Marque, TX	3.0	2.0	1099	$1,500	$1.36	68d	1	0.43mi
203 Beatrice St La Marque, TX	3.0	1.0	1304	$1,395	$1.07	73d	1	0.50mi
1006 E Camp Cir La Marque, TX	3.0	1.0	1230	$1,500	$1.22	73d	1	0.51mi
1108 W Camp Cir La Marque, TX	3.0	2.0	1074	$1,426	$1.33	7d	1	0.58mi
1401 Austin St La Marque, TX	4.0	3.0	1542	$2,400	$1.56	93d	1	0.59mi
3105 McKinney Dr La Marque, TX	3.0	2.0	1097	$1,406	$1.28	0d	1	0.63mi
1230 Kirsten St La Marque, TX	3.0	2.0	1704	$1,660	$0.97	52d	1	0.64mi
6218 Anderson St Texas City, TX	4.0	2.0	1546	$1,600	$1.03	4d	1	0.81mi
1910 Oaklawn Dr La Marque, TX	3.0	2.0	1418	$1,550	$1.09	0d	1	1.00mi
1825 Bayou Rd La Marque, TX	2.0	1.5	1200	$1,195	$1.00	3d	1	1.01mi
619 N Vionett Ln Texas City, TX	3.0	2.0	1204	$1,550	$1.29	54d	1	1.02mi
398 Duroux Rd Unit a La Marque, TX	2.0	2.0	880	$1,000	$1.14	23d	1	1.02mi
7510 Hummingbird Ln Texas City, TX	3.0	1.5	1200	$1,550	$1.29	52d	1	1.05mi
7518 Hummingbird Ln Texas City, TX	4.0	2.0	1500	$1,600	$1.07	21d	1	1.06mi
1026 Meyer St La Marque, TX	2.0	1.0	920	$1,150	$1.25	10d	1	1.15mi
7306 Nightingale Cir Texas City, TX	4.0	2.0	1502	$800	$0.53	12d	1	1.16mi
113 N Pecan Dr Texas City, TX	4.0	2.0	1468	$3,000	$2.04	93d	1	1.18mi
4417 Edward St Texas City, TX	2.0	2.0	983	$1,150	$1.17	51d	1	1.18mi
4417 Edward St Texas City, TX	2.0	2.0	983	$1,100	$1.12	53d	1	1.18mi
6607 Memorial Dr Texas City, TX	2.0	1.0	936	$1,200	$1.28	93d	1	1.18mi
509 Bluebonnet Dr La Marque, TX	4.0	1.0	1223	$1,550	$1.27	93d	1	1.21mi
106 W Red Oak Ln Texas City, TX	3.0	2.0	1250	$1,661	$1.33	0d	1	1.28mi
815 Shirley St Apt 202 La Marque, TX	2.0	1.0	1118	$1,100	$0.98	26d	1	1.44mi
815 Shirley St Apt 201 La Marque, TX	2.0	1.0	1118	$1,075	$0.96	1d	1	1.44mi
304 Robbie St La Marque, TX	3.0	1.5	1298	$1,886	$1.45	0d	1	1.48mi

Listing history 15 events

1. 2026-06-04
   days on market $110,000 Active 260 DOM
2. 2026-06-03
   days on market $110,000 Active 259 DOM
3. 2026-06-02
   days on market $110,000 Active 258 DOM
4. 2026-06-01
   days on market $110,000 Active 257 DOM
5. 2026-05-31
   days on market $110,000 Active 256 DOM
6. 2026-05-02
   status Active 360-char remark

   Show marketing remark (360 chars)

   This property is a hidden gem with incredible potential! Solid brick exterior and a spacious interior make this property an ideal investment opportunity. With a little TLC, you can unlock its full potential and create the home or rental property of your dreams. Perfect for investors! Opportunities like this don’t last long. Schedule your showing today!

7. 2026-05-02
   price $110,000 360-char remark

   Show marketing remark (360 chars)

   This property is a hidden gem with incredible potential! Solid brick exterior and a spacious interior make this property an ideal investment opportunity. With a little TLC, you can unlock its full potential and create the home or rental property of your dreams. Perfect for investors! Opportunities like this don’t last long. Schedule your showing today!

8. 2026-04-10
   historical 360-char remark

   Show marketing remark (360 chars)

   This property is a hidden gem with incredible potential! Solid brick exterior and a spacious interior make this property an ideal investment opportunity. With a little TLC, you can unlock its full potential and create the home or rental property of your dreams. Perfect for investors! Opportunities like this don’t last long. Schedule your showing today!

9. 2025-10-06
   price $119,000 360-char remark

   Show marketing remark (360 chars)

   This property is a hidden gem with incredible potential! Solid brick exterior and a spacious interior make this property an ideal investment opportunity. With a little TLC, you can unlock its full potential and create the home or rental property of your dreams. Perfect for investors! Opportunities like this don’t last long. Schedule your showing today!

10. 2025-08-25
    listed $139,000 Active 360-char remark

    Show marketing remark (360 chars)

    This property is a hidden gem with incredible potential! Solid brick exterior and a spacious interior make this property an ideal investment opportunity. With a little TLC, you can unlock its full potential and create the home or rental property of your dreams. Perfect for investors! Opportunities like this don’t last long. Schedule your showing today!

11. 2024-09-03
    soldstatus
12. 2008-10-11
    historical
13. 2008-02-12
    listed $78,000
14. 2008-01-28
    historical
15. 2007-07-29
    listed $84,000

ⓘ 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: $3,596 · $300/mo
• Projected year-2 tax: $3,596 · $300/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 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: $20,913
• − Mortgage interest: −$6,162
• − Property taxes: −$3,596
• − Insurance: −$550
• − Repairs & maintenance: −$1,673
• − Management: −$1,673
• − Depreciation: −$3,200
• Taxable income: $4,059
• Est. tax owed @ 24.0%: −$974
• After-tax cash flow: $4,479/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 · 7 photos

Average 55/100 Moderate rehab Est. rehab $33,150–$59,670 screening

This single-family home has average exterior condition with some minor repairs and maintenance needed. It has potential for moderate renovations to improve its resale and rental value.

Components & finishes AI

Roof asphalt shingle · good

Deferred maintenance Est. $2,500–$10,000 screening

• Minor Roof (roof) — No visible signs of damage or wear
• Minor Windows (windows) — No visible signs of damage or wear
• Minor Electrical (electrical) — No visible signs of damage or wear
• Minor Plumbing (plumbing) — No visible signs of damage or wear
• Minor Exterior (exterior) — No visible signs of damage or wear

Repairs flagged

• Minor roof — Shingles may need inspection
• Minor exterior paint — Brick siding shows some discoloration
• Minor landscaping — Could be improved for curb appeal
• Minor fencing — Not fully visible, may need repair or replacement
• Minor window cleaning — Windows appear intact but may need cleaning

Value-add opportunities

• Both paint exterior — Enhances curb appeal and resale value ↑
• Both repair roof — Improves structural integrity and resale value ↑
• Both landscaping — Enhances curb appeal and rental value ↑
• Both replace fencing — Improves safety and enhances curb appeal ↑
• Both clean windows — Enhances curb appeal and rental 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 24/100

Zoned Schools

High La Marque H S F TX #1,342/1,632 Nat'l #13,485/17,239

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

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 County · 390,640 people
• City population: 49,936
• 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: 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: 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%

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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: ▼ -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

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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

Price history

+31.0% since first listed

10 events — show timeline

• 2026-05-02 Relisted — HARMLS
• 2026-05-02 Price Changed $110,000 HARMLS
• 2026-04-10 Listing Removed — HARMLS
• 2025-10-06 Price Changed $119,000 HARMLS
• 2025-08-25 Listed $139,000 HARMLS
• 2024-09-03 Sold (Public Records) — Public Records
• 2008-10-11 Listing Removed — HARMLS
• 2008-02-12 Listed $78,000 HARMLS
• 2008-01-28 Listing Removed — HARMLS
• 2007-07-29 Listed $84,000 HARMLS

Property tax history

+13.6%/yr

Latest (2025): $3,596 · +23.6% YoY. Source: county tax records.