2806 Avenue L · Galveston, TX 77550

$199,000

2 bd · 1.0 ba · 660 sqft · MultiFamily public records · 202 Days on market

Built 1953 Poor condition 10,272 sqft lot $302/sqft · 32% below area Est $291k · 32% under ↓ 30% since listing

---

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
• Schools +5.6/10.0
• Livability +3.8/5.0
• Rent growth +2.2/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

CALLING ALL INVESTORS! Incredible opportunity to own four properties for the price of one in Galveston! Three properties are currently income producing. Properties need repairs but offer excellent potential for renovation, rental income or redevelopment.

Key facts

• 0.24 acre lot
• Built 1953
• Listed 202 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath multifamily listed at $199k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $2k ($23k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $199k).
• Recommended offer: $175k (12.0% below list) — sets the bar for market timing.
• Cap rate 20.6% vs local median 0.4% in Galveston — 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 76/100 on livability (#108 in TX, #3,559 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: amenities D+, employment D, crime F.
• Galveston ISD (town): math 33% / reading 39% proficiency, ranked #514 of 826 in TX (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 68% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Oppe El (math 67% / reading 60%, grade B, #291 of 4,322 statewide, top 7%, 610 students, 63% FRL); Central Middle (math 18% / reading 21%, grade F, #1,445 of 1,662 statewide, top 88%, 879 students, 80% FRL); Ball H S (math 17% / reading 44%, grade F, #1,085 of 1,632 statewide, top 67%, 1,934 students, 73% FRL) — zoned schools at 72% FRL track the district average.
• Market conditions: Rents soft (-1.1%/yr); 817 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 89d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 85% 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).
• At $5,339/mo this rent would consume 142% of the median local household income ($45k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k 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 + 0.0% rent growth), your $56k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 202 days — a 12% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask is 69725% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: property tax is 4.3% of price; flood insurance adds $427/mo; built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); 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 $175,120 (12.0% below list)

Questions for the listing agent

1. It's been on market 202 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
5. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 2.68% ✓
• Cap rate: 20.65%
• Cash-on-cash: 51.26%
• DSCR: 3.28
• GRM: 3.1

CMA / ARV

• ARV (median comp): $290,932
• List price: $199,000
• Delta: -31.60%
• Verdict: UNDERPRICED
• Comps: 4 within 2.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1726 Broadway Unit B12	0.77mi	1/1.0 (-1)	660 (0%)	0mo	$120,000	$182	60
1411 26th St St	0.22mi	2/2.0	779 (+18%)	3mo	$267,500	$343	58
2219 45th St	1.39mi	2/1.0	708 (+7%)	0mo	$199,000	$281	53
2208 Post Office St #207	0.63mi	1/1.0 (-1)	622 (-6%)	4mo	$365,000	$587	52
2404 38th St	1.03mi	2/1.0	714 (+8%)	7mo	$229,000	$321	45
1328 Avenue N 1/2	1.07mi	2/1.0	784 (+19%)	2mo	$349,999	$446	38
1914 53rd	1.13mi	2/1.0	792 (+20%)	3mo	$175,000	$221	37
1910 48th St	1.49mi	1/1.0 (-1)	576 (-13%)	2mo	$145,000	$252	37
1315 40th St	0.87mi	2/1.5	506 (-23%)	4mo	$170,000	$336	35
202 Rosenberg St #401	0.66mi	1/1.0 (-1)	820 (+24%)	6mo	$315,000	$384	35
1009 Sealy St	1.31mi	1/1.0 (-1)	560 (-15%)	6mo	$199,900	$357	30
1509 Christopher Columbus St	1.04mi	3/2.0 (+1)	804 (+22%)	3mo	$365,000	$454	29

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

5-year hold

• IRR: 34.5%
• Equity multiple: 2.38×
• Total profit: $77,169
• Equity at exit: $29,672

10-year hold

• IRR: 39.3%
• Equity multiple: 4.04×
• Total profit: $169,506
• Equity at exit: $17,206

Cash invested: $55,720 (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 77550

• Home prices YoY: -32.9%
• Rents YoY: -1.1%
• Active inventory: 817
• Price-to-rent: 12.4×

Monthly cashflow live

• Estimated rent: $5,339 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$711 /mo · $8,532/yr
• Insurance: −$83
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,121
• Net cashflow: $1,954

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 4× units	2	1	$5,340
Total (4 units)			$5,339

Break-even live

Break-even rent $2,866

Max offer price $199,000

Occupancy floor 58%

Sensitivity live

Price	-10% $2,066	-5% $2,010	+0% $1,954	+5% $1,897	+10% $1,841
Rent	-10% $1,532	-5% $1,743	+0% $1,954	+5% $2,165	+10% $2,376
Rate	-1.0pp $2,054	-0.5pp $2,004	base $1,954	+0.5pp $1,902	+1.0pp $1,850

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: $49,750
• Closing costs: $5,970
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2727 Avenue K Galveston, TX	3.0	1.0	972	$1,900	$1.95	139d	1	0.05mi
2910 Avenue K Unit 4 Galveston, TX	1.0	1.0	550	$1,450	$2.64	120d	1	0.07mi
2919 Avenue K Unit 2 Galveston, TX	2.0	1.0	—	$1,195	—	120d	1	0.07mi
2919 Avenue K Unit 1 Galveston, TX	3.0	1.0	—	$1,700	—	139d	1	0.07mi
1213 28th St Galveston, TX	2.0	1.0	—	$1,100	—	62d	1	0.07mi
1213 28th St Unit 2 Galveston, TX	2.0	1.0	—	$1,200	—	62d	1	0.07mi
1213 28th St Galveston, TX	2.0	1.0	—	$1,200	—	120d	1	0.07mi
2914 Avenue K Unit 4 Galveston, TX	1.0	1.0	—	$950	—	39d	1	0.08mi
1206 30th St Unit 4 Galveston, TX	2.0	1.0	—	$1,100	—	41d	1	0.10mi
2711 Avenue K Unit 12 Galveston, TX	3.0	1.0	950	$1,325	$1.39	139d	1	0.10mi
2711 Avenue K Galveston, TX	3.0	1.0	—	$1,450	—	6d	1	0.10mi
2711 Avenue K Unit 9 Galveston, TX	3.0	1.0	950	$1,650	$1.74	116d	1	0.10mi
2711 Avenue K Unit 04 Galveston, TX	3.0	1.0	950	$1,395	$1.47	74d	1	0.10mi
2711 Avenue K Unit 2 Galveston, TX	3.0	1.0	950	$1,395	$1.47	31d	1	0.10mi
2711 Avenue K Unit 13 Galveston, TX	3.0	1.0	950	$1,390	$1.46	31d	1	0.10mi
2711 Avenue K Unit 10 Galveston, TX	3.0	1.0	950	$1,295	$1.36	116d	1	0.10mi
2711 Avenue K Unit 03 Galveston, TX	3.0	1.0	950	$1,395	$1.47	36d	1	0.10mi
2711 Avenue K Unit 07 Galveston, TX	3.0	1.0	950	$1,195	$1.26	89d	1	0.10mi
2711 Avenue K Unit 01 Galveston, TX	3.0	1.0	800	$1,195	$1.49	139d	1	0.10mi
2916 Avenue M Unit M Galveston, TX	2.0	1.0	—	$1,450	—	100d	1	0.11mi
2801 Avenue M Apt 5 Galveston, TX	3.0	1.0	—	$1,550	—	18d	1	0.11mi
2801 Avenue M Unit 2 Galveston, TX	3.0	1.5	1028	$1,575	$1.53	57d	1	0.12mi
2627 Avenue K Unit 3 Galveston, TX	1.0	1.0	—	$1,100	—	59d	1	0.13mi
2627 Avenue K Unit 1 Galveston, TX	2.0	1.0	—	$1,200	—	120d	1	0.13mi
2627 Avenue K Galveston, TX	2.0	1.0	700	$1,200	$1.71	139d	1	0.13mi
1015 30th St Unit 3 Galveston, TX	2.0	1.0	—	$1,200	—	84d	1	0.13mi
1015 30th St Unit 4 Galveston, TX	2.0	1.0	—	$1,400	—	120d	1	0.13mi
1015 30th St Unit 4 Galveston, TX	2.0	1.0	—	$1,000	—	88d	1	0.13mi
1015 30th St #1 Galveston, TX	2.0	1.0	—	$1,500	—	120d	1	0.13mi
1015 30th St #1 Galveston, TX	2.0	1.0	—	$1,000	—	36d	1	0.13mi
1213 30th St Galveston, TX	3.0	2.0	—	$1,895	—	24d	1	0.13mi
2621 Avenue K Galveston, TX	2.0	1.0	—	$1,700	—	100d	1	0.13mi
2917 Avenue M Unit M Galveston, TX	3.0	1.0	—	$2,200	—	10d	1	0.14mi
2806 Avenue M 1/2 Galveston, TX	2.0	1.0	792	$830	$1.05	139d	1	0.15mi
2806 Avenue M 1/2 Galveston, TX	2.0	1.0	—	$830	—	70d	1	0.15mi
2806 Avenue M 1/2 #1 Galveston, TX	2.0	1.0	792	$830	$1.05	120d	1	0.15mi
909 28th St Unit C Galveston, TX	3.0	2.0	—	$1,475	—	26d	1	0.15mi
2609 Avenue L Apt 8 Galveston, TX	2.0	1.0	758	$995	$1.31	120d	1	0.16mi
3018 Avenue M Unit M Galveston, TX	3.0	2.0	1408	$1,350	$0.96	18d	1	0.17mi
2608 Avenue L Unit 2608-2 Galveston, TX	1.0	1.0	520	$795	$1.53	74d	1	0.17mi

Listing history 50 events

1. 2026-09-23
   days on market $199,000 Active 202 DOM
2. 2026-09-22
   days on market $199,000 Active 201 DOM
3. 2026-09-21
   days on market $199,000 Active 200 DOM
4. 2026-09-20
   days on market $199,000 Active 199 DOM
5. 2026-09-19
   days on market $199,000 Active 198 DOM
6. 2026-09-18
   days on market $199,000 Active 197 DOM
7. 2026-09-17
   days on market $199,000 Active 196 DOM
8. 2026-09-16
   days on market $199,000 Active 195 DOM
9. 2026-09-15
   days on market $199,000 Active 194 DOM
10. 2026-09-14
    days on market $199,000 Active 193 DOM
11. 2026-09-13
    days on market $199,000 Active 192 DOM
12. 2026-09-12
    days on market $199,000 Active 191 DOM
13. 2026-09-11
    days on market $199,000 Active 190 DOM
14. 2026-09-05
    days on market $199,000 Active 184 DOM
15. 2026-09-04
    days on market $199,000 Active 183 DOM
16. 2026-09-02
    days on market $199,000 Active 181 DOM
17. 2026-08-31
    days on market $199,000 Active 179 DOM
18. 2026-08-30
    days on market $199,000 Active 178 DOM
19. 2026-08-29
    days on market $199,000 Active 177 DOM
20. 2026-08-28
    days on market $199,000 Active 176 DOM
21. 2026-08-27
    days on market $199,000 Active 175 DOM
22. 2026-08-26
    days on market $199,000 Active 174 DOM
23. 2026-08-25
    days on market $199,000 Active 173 DOM
24. 2026-08-24
    days on market $199,000 Active 172 DOM
25. 2026-08-23
    days on market $199,000 Active 171 DOM
26. 2026-08-22
    days on market $199,000 Active 170 DOM
27. 2026-08-21
    days on market $199,000 Active 169 DOM
28. 2026-08-20
    days on market $199,000 Active 168 DOM
29. 2026-08-19
    days on market $199,000 Active 167 DOM
30. 2026-08-18
    days on market $199,000 Active 166 DOM
31. 2026-08-17
    days on market $199,000 Active 165 DOM
32. 2026-08-16
    days on market $199,000 Active 164 DOM
33. 2026-08-15
    days on market $199,000 Active 163 DOM
34. 2026-08-14
    days on market $199,000 Active 162 DOM
35. 2026-08-13
    remarks 299-char remark
36. 2026-08-13
    pricedays on market $199,000 Active 161 DOM
37. 2026-08-12
    days on market $230,000 Active 160 DOM
38. 2026-08-11
    days on market $230,000 Active 159 DOM
39. 2026-08-10
    days on market $230,000 Active 158 DOM
40. 2026-08-09
    days on market $230,000 Active 157 DOM
41. 2026-08-08
    days on market $230,000 Active 156 DOM
42. 2026-08-06
    days on market $230,000 Active 154 DOM
43. 2026-08-05
    days on market $230,000 Active 153 DOM
44. 2026-08-04
    days on market $230,000 Active 152 DOM
45. 2026-08-03
    days on market $230,000 Active 151 DOM
46. 2026-07-31
    days on market $230,000 Active 148 DOM
47. 2026-07-30
    days on market $230,000 Active 146 DOM
48. 2026-07-28
    days on market $230,000 Active 145 DOM
49. 2026-07-26
    days on market $230,000 Active 143 DOM
50. 2026-07-24
    days on market $230,000 Active 141 DOM

ⓘ 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: $8,532 · $711/mo
• Projected year-2 tax: $8,532 · $711/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 AE · 99% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥107°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $64,068
• − Mortgage interest: −$11,147
• − Property taxes: −$8,532
• − Insurance: −$6,114
• − Repairs & maintenance: −$5,125
• − Management: −$5,125
• − Depreciation: −$5,789
• Taxable income: $22,235
• Est. tax owed @ 24.0%: −$5,336
• After-tax cash flow: $18,109/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 · 10 photos

Poor 20/100 Extensive rehab Est. rehab $33,000–$59,400 screening

This property requires extensive renovations and repairs to bring it up to a livable condition. Significant value can be added through a comprehensive renovation, including kitchen and bathroom updates, roof replacement, and exterior improvements.

Deferred maintenance Est. $50,000–$150,000 screening

• Major Roof (roof) — Severe damage to the roof structure
• Major Windows (windows) — Windows appear to be boarded up, indicating severe damage
• Major Electrical (electrical) — The interior appears unfinished and in disrepair, suggesting significant electrical issues
• Major Plumbing (plumbing) — The interior appears unfinished and in disrepair, suggesting significant plumbing issues
• Major Exterior (exterior) — The exterior of the house is in a state of disrepair, with visible damage and lack of maintenance

Repairs flagged

• Major Kitchen cabinets — Severe wear and tear, likely unsafe and in need of replacement.
• Major Bathroom fixtures — Signs of mold and mildew, likely in need of replacement.
• Major Roof — Rusty and weathered, indicating potential water damage and structural issues.
• Major Exterior siding — Peeling paint and damaged siding, in need of repair or replacement.
• Major Flooring — Worn and damaged, in need of replacement.
• Major Interior walls — Paint peeling and possibly water damage, in need of repair.
• Major Exterior walls — Paint peeling and possibly water damage, in need of repair.
• Major HVAC system — Likely outdated and in need of replacement.
• Major Landscaping — Overgrown and in need of trimming and maintenance.
• Major Fencing — Damaged and in need of repair or replacement.

Value-add opportunities

• Resale Kitchen renovation — A fresh, modern kitchen can significantly increase the home's appeal and value. ↑
• Resale Bathroom renovation — Upgrading bathrooms with new fixtures and finishes can enhance the home's value. ↑
• Resale Roof replacement — A new roof will protect the home from water damage and improve its overall appearance. ↑
• Resale Exterior siding and painting — A fresh coat of paint and new siding can significantly improve the home's curb appeal. ↑
• Resale Flooring replacement — New flooring will make the home more attractive and easier to maintain. ↑
• Resale Interior wall repairs and painting — Repairing and painting interior walls can improve the home's condition and appearance. ↑
• Resale HVAC system replacement — A new HVAC system will improve comfort and energy efficiency, enhancing the home's value. ↑
• Resale Landscaping and fencing repair — A well-maintained yard and sturdy fencing will improve the home's curb appeal and safety. ↑

ⓘ Rehab cost is a screening estimate — Extensive 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.

D Composite school gradezoned avg 56/100

Zoned Schools

Elementary Oppe El B TX #291/4,322 Nat'l #5,891/41,679 Middle Austin Middle A TX #35/1,662 Nat'l #537/14,009 High Ball H S F TX #1,085/1,632 Nat'l #10,882/17,239

Schools (NCES district)

• District: Galveston ISD
• NCES district ID: 4820280
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 39% ▼ -4.00%
• Median HH income: $40,162
• Composite: 30.22/100
• National rank: #6299
• State rank: #514 of 826 in TX

B Composite livability gradescore 76/100

Livability — Galveston

• Score: 76/100
• State rank: #108
• US rank: #3559

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Galveston, TX
• County: Galveston County · 390,640 people
• City population: 55,599
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 23,489
• Household income: $45,047
• Rent vs Own: 60.0% rent · 40.0% own
• Severe rent burden: 10% of renters

---

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 0.66)
• Race & ethnicity: White 46% Hispanic / Latino 30% Two or more races 19% Black 19% Asian 3%
• Hispanic origin (detail): Mexican 21% Puerto Rican 1%
• Common ancestry: Lithuanian 2% Italian 2% Romanian 1%
• Foreign-born: 11% · Canada, Jamaica
• Languages at home: 75% English-only · Spanish 18% Other Asian/Pacific 2% Russian/Polish/Slavic 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: ▼ -158.96%
• Current HPI: 324.2159
• Rent YoY: ▼ -1.12%
• 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

-30.3% since first listed

9 events — show timeline

• 2026-05-13 Price Changed $230,000 HARMLS
• 2026-03-06 Price Changed $285,000 HARMLS
• 2026-03-05 Listed $285 HARMLS
• 2024-09-20 Listing Removed — HARMLS
• 2024-09-01 Listed $299,000 HARMLS
• 2024-08-31 Listing Removed — HARMLS
• 2024-07-06 Price Changed $299,000 HARMLS
• 2024-03-08 Listed $330,000 HARMLS
• 2004-05-14 Sold (Public Records) — Public Records

Property tax history

+16.1%/yr

Latest (2025): $8,532 · -4.4% YoY. Source: county tax records.