751 County Road 703 · East Columbia, TX 77486

$160,000

3 bd · 2.0 ba · 1,824 sqft · SingleFamily public records · 17 Days on market

Built 1957 0.67 ac lot Est $288k · 44% under

---

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 +21.3/30.0
• ARV discount +15.0/15.0
• Appreciation +8.8/10.0
• DSCR +6.8/10.0
• 1% rule +5.8/10.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

River life meets simple comfort in this inviting 3-bedroom 2-bathroom waterfront home offering 1,824 SF of easy living space. The open-concept kitchen, dining, and living area creates a warm gathering space filled with natural light and peaceful river views. An inviting covered front porch is the perfect place for morning coffee or visits from guests. Step outside to the backyard deck and enjoy quiet mornings, evening sunsets, and the beauty of nature right from your own backyard. With a spacious lot and room to relax, this property offers the kind of lifestyle where days move a little slower and every season brings a new view to enjoy.

Key facts

• Covered front porch
• Waterfront home
• Open-concept kitchen

Tags

• WATERFRONT HOME
• OPEN-CONCEPT KITCHEN
• COVERED FRONT PORCH
• BACKYARD DECK
• SPACIOUS LOT

Property features AI

Finance

• Financial info: Lease not considered

Exterior

• Parking: Asphalt road access
• Utilities: Well water; Septic tank
• Home design: Residential property; Has a view
• Construction: Built in 1957; Wood siding exterior; Composition roof; Block and slab foundation
• Exterior features: Deck; Patio; Cleared lot with side yard; Property has views; Riverfront / waterfront

Interior

• Kitchen: Dishwasher; Electric oven; Water softener (owned)
• Bedrooms: 3 total rooms (includes bedrooms and other rooms)
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (gas); Central electric air conditioning
• Interior features: Ceiling fans; Ventilation for improved indoor air quality
• Laundry & utility: Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $-193 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $126k (21.3% below list).
• Meets the 1% rule at list price ($2k rent vs $160k).
• Recommended offer: $126k (21.3% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Columbia-Brazoria ISD (town): math 35% / reading 33% proficiency, ranked #513 of 826 in TX (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: West Columbia El (math 47% / reading 39%, grade F, #1,283 of 4,322 statewide, top 30%, 709 students, 60% FRL); West Brazos J H (math 34% / reading 32%, grade F, #930 of 1,662 statewide, top 57%, 676 students, 65% FRL); Columbia H S (math 13% / reading 28%, grade F, #1,389 of 1,632 statewide, top 86%, 889 students, 60% FRL).
• Market conditions: 145 active listings in the ZIP; 3,960 units permitted in Brazoria County in 2024 (593 in 5+ unit buildings).

Forward outlook

• In year one you build about $13k of equity ($1k loan paydown + $12k appreciation (7.6% local appreciation)).
• Brazoria County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 3, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 17 days — a 2% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1957 — 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→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $125,850 (21.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1957 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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.
6. 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.
7. 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: 1.08% ✓
• Cap rate: 8.04%
• Cash-on-cash: 6.25%
• DSCR: 1.28
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $288,192
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
144 County Road 300g	0.65mi	4/2.0 (+1)	1,552 (-15%)	10mo	$245,000	$158	32

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

Projected returns pro-forma

7.63% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.3%
• Equity multiple: 2.12×
• Total profit: $50,124
• Equity at exit: $117,540

10-year hold

• IRR: 15.1%
• Equity multiple: 4.46×
• Total profit: $155,140
• Equity at exit: $229,587

Cash invested: $44,800 (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 →

ZIP-level market 77486

• Home prices YoY: 2.4%
• Active inventory: 145
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,721 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$221 /mo · $2,651/yr
• Insurance: −$67
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$361
• Net cashflow: $-193

Break-even live

Break-even rent $1,966

Max offer price $125,850

Occupancy floor —

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Listing history 41 events

1. 2026-06-15
   days on market $160,000 Pending 17 DOM
2. 2026-06-13
   days on market $160,000 Pending 16 DOM
3. 2026-06-13
   days on market $160,000 Pending 15 DOM
4. 2026-06-09
   days on market $160,000 Pending 12 DOM
5. 2026-06-08
   days on market $160,000 Pending 11 DOM
6. 2026-06-07
   days on market $160,000 Pending 10 DOM
7. 2026-06-04
   days on market $160,000 Pending 7 DOM
8. 2026-06-03
   statusdays on market $160,000 Pending 6 DOM
9. 2026-06-02
   days on market $160,000 Active 5 DOM
10. 2026-06-01
    days on market $160,000 Active 4 DOM
11. 2026-05-31
    days on market $160,000 Active 3 DOM
12. 2026-05-28
    listed $160,000 Active
13. 2024-04-05
    historical
14. 2024-02-23
    price $169,000
15. 2024-02-12
    price $179,000
16. 2024-01-31
    listed $189,000 Active
17. 2023-09-08
    historical
18. 2023-08-04
    price $220,000
19. 2023-06-08
    listed $230,000 Active
20. 2023-06-07
    historical
21. 2023-05-02
    price $230,000
22. 2023-04-05
    status Active
23. 2023-03-30
    status Option Pending
24. 2023-03-11
    listed $240,000 Active
25. 2018-11-16
    soldstatus Sold
26. 2018-11-14
    soldstatus
27. 2018-10-21
    status Pending
28. 2018-10-09
    status Option Pending
29. 2018-09-18
    status Active
30. 2018-07-09
    status Pending
31. 2018-06-28
    status Option Pending
32. 2018-05-31
    listed $168,000 Active
33. 2018-03-23
    soldstatus
34. 2016-12-08
    soldstatus
35. 2016-12-07
    soldstatus Sold
36. 2016-12-01
    status Pending
37. 2016-10-19
    listed $87,000 Active
38. 2009-03-09
    soldstatus
39. 2009-03-03
    soldstatus
40. 2009-01-23
    historical
41. 2008-11-19
    listed $114,900

ⓘ 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: $2,651 · $221/mo
• Projected year-2 tax: $2,928 · $244/mo
• Expected delta: +$277/yr (+$23/mo · 10.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 3/10 Moderate FEMA zone AE · 18% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,656
• − Mortgage interest: −$8,962
• − Property taxes: −$2,651
• − Insurance: −$5,918
• − Repairs & maintenance: −$1,652
• − Management: −$1,652
• − Depreciation: −$4,655
• Taxable loss: −$4,835
• Est. tax savings @ 24.0%: +$1,160
• After-tax cash flow: $-1,159/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: Columbia-Brazoria ISD
• NCES district ID: 4814670
• Math proficiency: 35% ▼ -4.00%
• Reading proficiency: 33% ▼ -1.00%
• Median HH income: $57,256
• Composite: 30.23/100
• National rank: #6297
• State rank: #513 of 826 in TX

Livability — East Columbia

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: East Columbia, TX
• Population (ZIP): 7,330

Population outlook (Brazoria County) Hauer SSP2

• Today (2025): 420,414 people
• By 2030: 457,585 · +8.8%
• By 2040: 532,232 · +26.6%
• By 2050: 605,399 · +44.0%
• By 2075: 779,358 · +85.4%
• By 2100: 883,759 · +110.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (61%)
• Race & ethnicity: White 61% Hispanic / Latino 27% Two or more races 13% Black 10% Native American 1%
• Hispanic origin (detail): Mexican 23%
• Common ancestry: Italian 5% Slovak 3% Lithuanian 2%
• Foreign-born: 5% · Canada
• Languages at home: 86% English-only · Spanish 12% German/W. Germanic 1%

Political lean MEDSL · Brazoria

• 2024 margin: R (+19.7) · D 39.5% · R 59.2% · Other 1.3%
• 2008→2024 swing: +9.9pp toward D · 2008: -29.6pp · 2024: -19.7pp
• All cycles: 2024: R+19.7 2020: R+18.2 2016: R+24.6 2012: R+34.2 2008: R+29.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 7.63%
• Current HPI: 320.7967
• Rent YoY: —
• Metro: —
• 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

+39.3% since first listed

30 events — show timeline

• 2026-05-28 Listed $160,000 HARMLS
• 2024-04-05 Listing Removed — HARMLS
• 2024-02-23 Price Changed $169,000 HARMLS
• 2024-02-12 Price Changed $179,000 HARMLS
• 2024-01-31 Listed $189,000 HARMLS
• 2023-09-08 Listing Removed — HARMLS
• 2023-08-04 Price Changed $220,000 HARMLS
• 2023-06-08 Listed $230,000 HARMLS
• 2023-06-07 Listing Removed — HARMLS
• 2023-05-02 Price Changed $230,000 HARMLS
• 2023-04-05 Relisted — HARMLS
• 2023-03-30 Pending — HARMLS
• 2023-03-11 Listed $240,000 HARMLS
• 2018-11-16 Sold (MLS) — HARMLS
• 2018-11-14 Sold (Public Records) — Public Records
• 2018-10-21 Pending — HARMLS
• 2018-10-09 Pending — HARMLS
• 2018-09-18 Relisted — HARMLS
• 2018-07-09 Pending — HARMLS
• 2018-06-28 Pending — HARMLS
• 2018-05-31 Listed $168,000 HARMLS
• 2018-03-23 Sold (Public Records) — Public Records
• 2016-12-08 Sold (Public Records) — Public Records
• 2016-12-07 Sold (MLS) — HARMLS
• 2016-12-01 Pending — HARMLS
• 2016-10-19 Listed $87,000 HARMLS
• 2009-03-09 Sold (Public Records) — Public Records
• 2009-03-03 Sold (MLS) — HARMLS
• 2009-01-23 Listing Removed — HARMLS
• 2008-11-19 Listed $114,900 HARMLS

Property tax history

+4.2%/yr

Latest (2025): $2,651 · -2.8% YoY. Source: county tax records.