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3832 W Park Ave
B+ Composite 79.79
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 +29.2/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +9.4/10.0
  • Appreciation +5.5/10.0
  • Rent growth +3.9/5.0
  • Livability +2.8/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0

$95,000

3832 W Park Ave · Pinehurst, TX 77630
3 bd · 2.0 ba · 1,350 sqft · SingleFamily public records · 353 Days on market
Built 1950 1.51 ac lot $70/sqft · 27% below area Est $130k · 27% under ↓ 12% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Unique estate property with residential or commercial potential! Built in 1950, this granite and concrete block home offers 1,350 sq ft with 3 bedrooms, 2 baths, and character you won’t find elsewhere. The home is livable but dated, with central air and heat in working condition. A 648 sq ft guest house above the detached garage offers additional space but will require a full renovation. Sitting on 1.51 acres, the property includes dense overgrowth in the rear where a barn, shed, and pond are believed to exist (not currently visible). Zoned for both residential and commercial use, this property offers a unique opportunity for investors, business owners, or buyers needing flexible live/work space with potential to expand. Located near Park St. with city water and sewer access, this property is full of potential and ready for a visionary buyer. Sold as-is as part of an estate.

Key facts

  • Barn shed and pond
  • 1.51 acre lot
  • 2 garage spots

Tags

BARN SHED AND PONDCITY WATER AND SEWER ACCESS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $95k.

Deal economics

  • At list price, monthly cash flow is $330 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $95k).
  • Recommended offer: $84k (12.0% below list) — sets the bar for market timing.
  • Cap rate 10.5% vs local median 2.0% in Pinehurst — 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 55/100 on livability (#1,350 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: employment C-, schools F, crime D-.
  • West Orange-Cove CISD (suburban): math 17% / reading 21% proficiency, ranked #784 of 826 in TX (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+5.7%/yr); 337 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 45% of comp listings sitting > 30 days — soft ceiling on asking rent; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

  • In year one you build about $2k of equity ($657 loan paydown + $960 appreciation (1.0% local appreciation)).
  • Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (1.0% appreciation + 5.7% rent growth), your $27k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 353 days — a 12% lower offer ($84k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: property tax is 2.6% of price; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $83,600 (12.0% below list)

Questions for the listing agent

  1. It's been on market 353 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 1950 — 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 D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  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
1.44%
Cap rate
10.46%
Cash-on-cash
14.88%
DSCR
1.66
GRM
5.8

CMA / ARV

ARV (median comp)
$129,580
List price
$95,000
Delta
-26.69%
Verdict
UNDERPRICED
Comps
14 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3476 Pelican St 0.40mi 3/1.0 1,522 (+13%) 21mo $150,000 $99 39

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.01% appreciation · 5.71% rent growth · sell at horizon

5-year hold
IRR
19.2%
Equity multiple
2.00×
Total profit
$26,730
Equity at exit
$32,480
10-year hold
IRR
24.2%
Equity multiple
4.20×
Total profit
$85,107
Equity at exit
$43,202

Cash invested: $26,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 77630

Home prices YoY
0.4%
Rents YoY
5.7%
Active inventory
337
Price-to-rent
5.8×

Monthly cashflow live

Estimated rent
$1,364 high interval (Pro) →
Mortgage (P&I)
$498
Tax from tax record
$210 /mo · $2,516/yr
Insurance
$40
HOA
$0
Vacancy / Maint / Mgmt
$286
Net cashflow
$330

Break-even live

Break-even rent $946
Max offer price $95,000
Occupancy floor 71%

Sensitivity live

Price -10% $384 -5% $357 +0% $330 +5% $303 +10% $276
Rent -10% $222 -5% $276 +0% $330 +5% $384 +10% $438
Rate -1.0pp $378 -0.5pp $354 base $330 +0.5pp $305 +1.0pp $280

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
$23,750
Closing costs
$2,850
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 22 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3345 W Park Ave Orange, TX 1.0–2.0 1.0–1.5 999 $1,182 $1.18 13d 7 0.58mi
3714 Ridgemont Dr Orange, TX 3.0 1.0 1020 $1,450 $1.42 14d 1 0.66mi
3615 Ridgemont Dr Orange, TX 3.0 1.0 1266 $1,275 $1.01 44d 1 0.73mi
3333 Ridgemont Dr Unit 315TWNHME Orange, TX 2.0 1.5 1216 $1,040 $0.86 21d 1 0.81mi
3333 Ridgemont Dr Unit 107 Orange, TX 2.0 1.0 952 $1,255 $1.32 44d 1 0.81mi
3333 Ridgemont Dr Unit 408 Orange, TX 2.0 1.0 1000 $1,059 $1.06 44d 1 0.81mi
3333 Ridgemont Dr Apt 105 Orange, TX 2.0 1.0 952 $1,255 $1.32 21d 1 0.81mi
3333 Ridgemont Dr Unit 401 Orange, TX 3.0 2.0 1700 $1,725 $1.01 21d 1 0.81mi
3333 Ridgemont Dr Unit 404 Orange, TX 2.0 1.0 1000 $1,254 $1.25 44d 1 0.81mi
3333 Ridgemont Dr Unit 203 Orange, TX 2.0 1.0 1000 $1,084 $1.08 14d 1 0.86mi
7b Concord St Orange, TX 2.0 1.5 1206 $1,450 $1.20 14d 1 0.87mi
310 Camellia Ave Orange, TX 3.0 1.0 988 $1,295 $1.31 21d 1 1.11mi
403 Bluebonnet Dr Orange, TX 3.0 1.0 1196 $1,300 $1.09 44d 1 1.11mi
2801 W Sunset Dr Orange, TX 1.0–3.0 1.0–2.0 1113 $1,400 $1.26 13d 27 1.11mi
306 Bridal Wreath Ave Orange, TX 3.0 1.0 1529 $1,195 $0.78 21d 1 1.18mi
302 Bridal Wreath Ave Orange, TX 3.0 1.0 1182 $1,195 $1.01 44d 1 1.19mi
107 Dahlia St Orange, TX 3.0 1.0 1149 $1,300 $1.13 14d 1 1.21mi
101 Azalea Ave Unit A Orange, TX 3.0 1.0 1200 $2,000 $1.67 44d 1 1.22mi
1120 28th St Orange, TX 3.0 1.0 1308 $1,500 $1.15 44d 1 1.24mi
316 Old Timers Rd Unit 316 Orange, TX 3.0 2.0 1200 $1,595 $1.33 44d 1 1.25mi
3726 Bowling Ln Orange, TX 3.0 1.0 1045 $1,150 $1.10 44d 1 1.29mi
3000 MacArthur Dr Orange, TX 3.0 1.0–2.0 791 $1,330 $1.68 13d 12 1.29mi

Listing history 17 events

  1. 2026-06-18
    days on market $95,000 Active 353 DOM
  2. 2026-06-17
    days on market $95,000 Active 352 DOM
  3. 2026-06-16
    days on market $95,000 Active 351 DOM
  4. 2026-06-15
    days on market $95,000 Active 350 DOM
  5. 2026-06-14
    days on market $95,000 Active 348 DOM
  6. 2026-06-13
    days on market $95,000 Active 347 DOM
  7. 2026-06-10
    pricedays on market $95,000 Active 345 DOM
  8. 2026-06-09
    days on market $110,000 Active 344 DOM
  9. 2026-06-08
    days on market $110,000 Active 343 DOM
  10. 2026-06-07
    days on market $110,000 Active 342 DOM
  11. 2026-06-03
    days on market $110,000 Active 338 DOM
  12. 2026-06-02
    days on market $110,000 Active 337 DOM
  13. 2026-06-01
    days on market $110,000 Active 336 DOM
  14. 2026-05-31
    days on market $110,000 Active 335 DOM
  15. 2026-05-30
    days on market $110,000 Active 334 DOM
  16. 2026-03-18
    price $110,000 893-char remark
    Show marketing remark (893 chars)

    Unique estate property with residential or commercial potential! Built in 1950, this granite and concrete block home offers 1,350 sq ft with 3 bedrooms, 2 baths, and character you won’t find elsewhere. The home is livable but dated, with central air and heat in working condition. A 648 sq ft guest house above the detached garage offers additional space but will require a full renovation. Sitting on 1.51 acres, the property includes dense overgrowth in the rear where a barn, shed, and pond are believed to exist (not currently visible). Zoned for both residential and commercial use, this property offers a unique opportunity for investors, business owners, or buyers needing flexible live/work space with potential to expand. Located near Park St. with city water and sewer access, this property is full of potential and ready for a visionary buyer. Sold as-is as part of an estate.

  17. 2025-06-30
    listed $125,000 Active 893-char remark
    Show marketing remark (893 chars)

    Unique estate property with residential or commercial potential! Built in 1950, this granite and concrete block home offers 1,350 sq ft with 3 bedrooms, 2 baths, and character you won’t find elsewhere. The home is livable but dated, with central air and heat in working condition. A 648 sq ft guest house above the detached garage offers additional space but will require a full renovation. Sitting on 1.51 acres, the property includes dense overgrowth in the rear where a barn, shed, and pond are believed to exist (not currently visible). Zoned for both residential and commercial use, this property offers a unique opportunity for investors, business owners, or buyers needing flexible live/work space with potential to expand. Located near Park St. with city water and sewer access, this property is full of potential and ready for a visionary buyer. Sold as-is as part of an estate.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$2,516 · $210/mo
Projected year-2 tax
$2,516 · $210/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 5/10 Major FEMA zone X (unshaded) · 24% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 9/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$16,364
− Mortgage interest
−$5,321
− Property taxes
−$2,516
− Insurance
−$475
− Repairs & maintenance
−$1,309
− Management
−$1,309
− Depreciation
−$2,764
Taxable income
$2,670
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$641
After-tax cash flow
$3,318/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
West Orange-Cove CISD
NCES district ID
4845090
Math proficiency
17% ▼ -7.00%
Reading proficiency
21% ▼ -2.00%
Median HH income
$37,329
Composite
15.86/100
National rank
#9260
State rank
#784 of 826 in TX

Livability — Pinehurst

Score
55/100
State rank
#1350
US rank
#23272

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Pinehurst, TX
County
Orange County · 87,112 people
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
28,983
Household income
$64,373
Rent vs Own
32.2% rent · 67.8% own
Severe rent burden
1018.0

Population outlook (Orange County) Hauer SSP2

Today (2025)
88,065 people
By 2030
89,591 · +1.7%
By 2040
91,982 · +4.4%
By 2050
93,023 · +5.6%
By 2075
94,871 · +7.7%
By 2100
88,155 · +0.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
Hispanic origin (detail)
Mexican 7%
Common ancestry
Lithuanian 13% Italian 1% Slovak 1%
Foreign-born
5% · Canada
Languages at home
91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%

Political lean MEDSL · Orange

2024 margin
Solid R (+66.8) · D 16.4% · R 83.1%
2008→2024 swing
-19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
All cycles
2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1

Not yet ingested

Civics

Market trends

HPI YoY
▲ 1.01%
Current HPI
264.14
Rent YoY
▲ 5.71%
Metro
Beaumont-Port Arthur, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-12.0% since first listed
2 events — show timeline
  • 2026-03-18 Price Changed $110,000 BBOR
  • 2025-06-30 Listed $125,000 BBOR

Property tax history

+21.0%/yr

Latest (2025): $2,516 · +15.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…