2806 Avenue L · Galveston, TX 77550

$175,000

2 bd · 1.0 ba · 660 sqft · MultiFamily public records · 248 Days on market

Built 1953 Poor condition 10,272 sqft lot $265/sqft · 40% below area Est $289k · 40% under ↓ 30% since listing

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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
• 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 247 days

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath multifamily listed at $175k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $2k ($25k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $175k).
• Recommended offer: $154k (12.0% below list) — sets the bar for market timing.
• Cap rate 23.6% 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); 894 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 87d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 68% 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 $5,347/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 $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.
• At projected returns (-3.0% appreciation + 0.0% rent growth), your $49k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 248 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago; this cycle's ask is 61304% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: property tax is 4.9% 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 $154,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 248 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: 3.06% ✓
• Cap rate: 23.59%
• Cash-on-cash: 61.77%
• DSCR: 3.75
• GRM: 2.7

CMA / ARV

• ARV (median comp): $289,452
• List price: $175,000
• Delta: -39.54%
• 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%)	2mo	$120,000	$182	59
1411 26th St St	0.22mi	2/2.0	779 (+18%)	4mo	$267,500	$343	57
4615 Avenue Q 1/2	1.47mi	1/1.0 (-1)	684 (+4%)	1mo	$149,900	$219	53
2219 45th St	1.39mi	2/1.0	708 (+7%)	2mo	$199,000	$281	52
2208 Post Office St #207	0.63mi	1/1.0 (-1)	622 (-6%)	6mo	$365,000	$587	51
1328 Avenue N 1/2	1.07mi	2/1.0	784 (+19%)	4mo	$349,999	$446	37
1914 53rd	1.13mi	2/1.0	792 (+20%)	5mo	$175,000	$221	36
1910 48th St	1.49mi	1/1.0 (-1)	576 (-13%)	4mo	$145,000	$252	36
1203 Avenue L	1.16mi	1/1.0 (-1)	518 (-22%)	0mo	$149,500	$289	35
1315 40th St	0.87mi	2/1.5	506 (-23%)	5mo	$170,000	$336	34
202 Rosenberg St #401	0.66mi	1/1.0 (-1)	820 (+24%)	7mo	$315,000	$384	33
1509 Christopher Columbus St	1.04mi	3/2.0 (+1)	804 (+22%)	4mo	$365,000	$454	27

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: 44.9%
• Equity multiple: 2.84×
• Total profit: $90,108
• Equity at exit: $26,093

10-year hold

• IRR: 49.1%
• Equity multiple: 4.93×
• Total profit: $192,418
• Equity at exit: $15,131

Cash invested: $49,000 (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

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: 894
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $5,347 high
• Mortgage (P&I): −$918
• Tax from tax record: −$711 /mo · $8,532/yr
• Insurance: −$73
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,123
• Net cashflow: $2,096

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

Units	Beds	Baths	Est. rent
▸ 4× units	2	1	$5,348
Total (4 units)			$5,347

Break-even live

Break-even rent $2,694

Max offer price $175,000

Occupancy floor 56%

Sensitivity live

Price	-10% $2,709	-5% $2,649	+0% $2,096	+5% $2,046	+10% $1,997
Rent	-10% $1,674	-5% $1,885	+0% $2,096	+5% $2,307	+10% $2,518
Rate	-1.0pp $2,184	-0.5pp $2,140	base $2,096	+0.5pp $2,051	+1.0pp $2,004

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: $43,750
• Closing costs: $5,250
• 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	184d	1	0.05mi
2910 Avenue K Unit 4 Galveston, TX	1.0	1.0	550	$1,450	$2.64	165d	1	0.07mi
2919 Avenue K Unit 2 Galveston, TX	2.0	1.0	—	$1,195	—	165d	1	0.07mi
2919 Avenue K Unit 1 Galveston, TX	3.0	1.0	—	$1,700	—	184d	1	0.07mi
1213 28th St Galveston, TX	2.0	1.0	—	$1,200	—	165d	1	0.07mi
1213 28th St Galveston, TX	2.0	1.0	—	$1,100	—	107d	1	0.07mi
1213 28th St Unit 2 Galveston, TX	2.0	1.0	—	$1,100	—	10d	1	0.07mi
2914 Avenue K Unit 4 Galveston, TX	1.0	1.0	—	$950	—	85d	1	0.08mi
1206 30th St Unit 4 Galveston, TX	2.0	1.0	—	$1,100	—	87d	1	0.10mi
2711 Avenue K Unit 12 Galveston, TX	3.0	1.0	950	$1,325	$1.39	184d	1	0.10mi
2711 Avenue K Unit 9 Galveston, TX	3.0	1.0	950	$1,650	$1.74	161d	1	0.10mi
2711 Avenue K Unit 04 Galveston, TX	3.0	1.0	950	$1,395	$1.47	119d	1	0.10mi
2711 Avenue K Unit 2 Galveston, TX	3.0	1.0	950	$1,395	$1.47	10d	1	0.10mi
2711 Avenue K Galveston, TX	3.0	1.0	—	$1,450	—	10d	1	0.10mi
2711 Avenue K Unit 2 Galveston, TX	3.0	1.0	950	$1,395	$1.47	77d	1	0.10mi
2711 Avenue K Unit 2 Galveston, TX	3.0	1.0	950	$1,395	$1.47	41d	1	0.10mi
2711 Avenue K Unit 14 Galveston, TX	3.0	1.0	950	$1,650	$1.74	10d	1	0.10mi
2711 Avenue K Unit 13 Galveston, TX	3.0	1.0	950	$1,390	$1.46	10d	1	0.10mi
2711 Avenue K Unit 10 Galveston, TX	3.0	1.0	950	$1,295	$1.36	161d	1	0.10mi
2711 Avenue K Unit 13 Galveston, TX	3.0	1.0	950	$1,390	$1.46	77d	1	0.10mi
2711 Avenue K Unit 5 Galveston, TX	3.0	1.0	950	$1,200	$1.26	21d	1	0.10mi
2711 Avenue K Unit 10 Galveston, TX	3.0	1.0	950	$1,295	$1.36	10d	1	0.10mi
2711 Avenue K Unit 03 Galveston, TX	3.0	1.0	950	$1,395	$1.47	81d	1	0.10mi
2711 Avenue K Unit 01 Galveston, TX	3.0	1.0	800	$1,199	$1.50	10d	1	0.10mi
2711 Avenue K Unit 01 Galveston, TX	3.0	1.0	800	$1,199	$1.50	37d	1	0.10mi
2711 Avenue K Unit 01 Galveston, TX	3.0	1.0	800	$1,195	$1.49	184d	1	0.10mi
2711 Avenue K Unit 07 Galveston, TX	3.0	1.0	950	$1,195	$1.26	135d	1	0.10mi
2916 Avenue M Unit M Galveston, TX	2.0	1.0	—	$1,450	—	146d	1	0.11mi
2801 Avenue M Apt 5 Galveston, TX	3.0	1.0	—	$1,550	—	10d	1	0.11mi
2801 Avenue M Unit 2 Galveston, TX	3.0	1.5	1028	$1,575	$1.53	102d	1	0.12mi
2627 Avenue K Galveston, TX	2.0	1.0	700	$1,200	$1.71	10d	1	0.13mi
2627 Avenue K Unit 1 Galveston, TX	2.0	1.0	—	$1,200	—	165d	1	0.13mi
2627 Avenue K Unit 3 Galveston, TX	1.0	1.0	—	$1,100	—	10d	1	0.13mi
1015 30th St #1 Galveston, TX	2.0	1.0	—	$1,500	—	165d	1	0.13mi
1015 30th St Unit 3 Galveston, TX	2.0	1.0	—	$1,200	—	130d	1	0.13mi
1015 30th St #1 Galveston, TX	2.0	1.0	—	$1,000	—	81d	1	0.13mi
1015 30th St Unit 4 Galveston, TX	2.0	1.0	—	$1,400	—	165d	1	0.13mi
1015 30th St Unit 4 Galveston, TX	2.0	1.0	—	$1,000	—	134d	1	0.13mi
2627 Avenue K Unit 2 Galveston, TX	2.0	1.0	—	$1,300	—	10d	1	0.13mi
3005 Avenue L Unit L Galveston, TX	2.0	1.0	—	$1,400	—	29d	1	0.13mi

Listing history 50 events

1. 2026-11-08
   days on market $175,000 Active 248 DOM
2. 2026-11-07
   days on market $175,000 Active 247 DOM
3. 2026-11-06
   days on market $175,000 Active 246 DOM
4. 2026-11-05
   days on market $175,000 Active 245 DOM
5. 2026-11-04
   days on market $175,000 Active 244 DOM
6. 2026-11-02
   days on market $175,000 Active 242 DOM
7. 2026-11-01
   days on market $175,000 Active 241 DOM
8. 2026-10-31
   days on market $175,000 Active 240 DOM
9. 2026-10-30
   days on market $175,000 Active 239 DOM
10. 2026-10-29
    days on market $175,000 Active 238 DOM
11. 2026-10-28
    days on market $175,000 Active 237 DOM
12. 2026-10-27
    days on market $175,000 Active 236 DOM
13. 2026-10-26
    days on market $175,000 Active 235 DOM
14. 2026-10-25
    days on market $175,000 Active 234 DOM
15. 2026-10-24
    days on market $175,000 Active 233 DOM
16. 2026-10-23
    days on market $175,000 Active 232 DOM
17. 2026-10-22
    days on market $175,000 Active 231 DOM
18. 2026-10-21
    days on market $175,000 Active 230 DOM
19. 2026-10-20
    days on market $175,000 Active 229 DOM
20. 2026-10-19
    days on market $175,000 Active 228 DOM
21. 2026-10-18
    days on market $175,000 Active 227 DOM
22. 2026-10-17
    days on market $175,000 Active 226 DOM
23. 2026-10-16
    days on market $175,000 Active 225 DOM
24. 2026-10-15
    days on market $175,000 Active 224 DOM
25. 2026-10-14
    days on market $175,000 Active 223 DOM
26. 2026-10-13
    days on market $175,000 Active 222 DOM
27. 2026-10-12
    days on market $175,000 Active 221 DOM
28. 2026-10-11
    price $175,000 Active 220 DOM
29. 2026-10-11
    days on market $199,000 Active 220 DOM
30. 2026-10-10
    days on market $199,000 Active 219 DOM
31. 2026-10-09
    days on market $199,000 Active 218 DOM
32. 2026-10-08
    days on market $199,000 Active 217 DOM
33. 2026-10-07
    days on market $199,000 Active 216 DOM
34. 2026-10-06
    days on market $199,000 Active 215 DOM
35. 2026-10-05
    days on market $199,000 Active 214 DOM
36. 2026-10-04
    days on market $199,000 Active 213 DOM
37. 2026-10-04
    days on market $199,000 Active 212 DOM
38. 2026-10-02
    days on market $199,000 Active 211 DOM
39. 2026-10-01
    days on market $199,000 Active 210 DOM
40. 2026-09-30
    days on market $199,000 Active 209 DOM
41. 2026-09-29
    days on market $199,000 Active 208 DOM
42. 2026-09-28
    days on market $199,000 Active 207 DOM
43. 2026-09-27
    days on market $199,000 Active 206 DOM
44. 2026-09-26
    days on market $199,000 Active 205 DOM
45. 2026-09-25
    days on market $199,000 Active 204 DOM
46. 2026-09-24
    days on market $199,000 Active 203 DOM
47. 2026-09-23
    days on market $199,000 Active 202 DOM
48. 2026-09-22
    days on market $199,000 Active 201 DOM
49. 2026-09-21
    days on market $199,000 Active 200 DOM
50. 2026-09-20
    days on market $199,000 Active 199 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: $64,164
• − Mortgage interest: −$9,803
• − Property taxes: −$8,532
• − Insurance: −$5,994
• − Repairs & maintenance: −$5,133
• − Management: −$5,133
• − Depreciation: −$5,091
• Taxable income: $24,478
• Est. tax owed @ 24.0%: −$5,875
• After-tax cash flow: $19,276/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

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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: 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%
• Languages at home: 75% English-only · Spanish 18% Other Asian/Pacific 2% Russian/Polish/Slavic 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: ▼ -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

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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

-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.