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302 Channelview Dr
D Composite 43.39
Why this score? — see what drove the D 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).

  • ARV discount +15.0/15.0
  • Cash flow +10.2/30.0
  • Schools +3.5/10.0
  • Livability +3.5/5.0
  • 1% rule +3.3/10.0
  • DSCR +2.9/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$250,000

302 Channelview Dr · Anahuac, TX 77514
3 bd · 2.0 ba · 1,824 sqft · SingleFamily public records · 290 Days on market
Built 1977 1.00 ac lot $137/sqft · 42% below area Est $434k · 42% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome home to this well-maintained 3 bedroom, 2 bath home, this home offers a spacious and functional layout perfect for everyday living and entertaining. Sitting on an acre lot, the property provides plenty of outdoor space for gardening, play, or future expansion. Nestled in the serene landscapes of Anahuac, Texas, the 77514-zip code is a hidden gem that offers an ideal blend of tranquility and accessibility. This charming area is perfect for those who cherish a peaceful lifestyle. This prime location invites nature enthusiasts to indulge in a variety of outdoor activities, with scenic beauty and wildlife.

Key facts

  • Acre lot
  • Outdoor space
  • Prime location

Tags

ACRE LOTOUTDOOR SPACEPRIME LOCATION

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 $250k.

Deal economics

  • At list price, monthly cash flow is $-208 ($-2k/yr) — negative.
  • To cash-flow at today's rent, offer at most $213k (14.7% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $207k (17.3% below list).
  • Recommended offer: $207k (17.3% below list) — sets the bar for 1% rule.
  • Cap rate 5.6% vs local median 3.9% in Anahuac — 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 70/100 on livability (#365 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment C-, amenities F, commute F.
  • Anahuac ISD (rural): math 41% / reading 41% proficiency, ranked #373 of 826 in TX (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Anahuac El (math 31% / reading 25%, grade F, #2,740 of 4,322 statewide, top 64%, 713 students, 64% FRL); Anahuac Middle (math 52% / reading 46%, grade C-, #378 of 1,662 statewide, top 23%, 326 students, 61% FRL); Anahuac H S (math 37% / reading 62%, grade D, #509 of 1,632 statewide, top 34%, 454 students, 58% FRL).
  • Market conditions: 145 active listings in the ZIP; 629 units permitted in Chambers County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Chambers County population projected at +46% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 290 days — a 12% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 7y ago; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; severe wind risk, 99% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $206,646 (17.3% 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. It's been on market 290 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
  3. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  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
0.83%
Cap rate
5.61%
Cash-on-cash
-2.43%
DSCR
0.89
GRM
10.1

CMA / ARV

ARV (median comp)
$434,307
List price
$250,000
Delta
-42.44%
Verdict
UNDERPRICED
Comps
3 within 2.0 mi

Projected returns pro-forma

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

5-year hold
IRR
-22.2%
Equity multiple
0.23×
Total profit
$-53,675
Equity at exit
$37,276
10-year hold
IRR
-16.2%
Equity multiple
0.09×
Total profit
$-63,411
Equity at exit
$21,615

Cash invested: $70,000 (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.

ZIP-level market 77514

Home prices YoY
-23.3%
Active inventory
145
Price-to-rent
10.1×

Monthly cashflow live

Estimated rent
$2,066 medium interval (Pro) →
Mortgage (P&I)
$1,311
Tax from tax record
$359 /mo · $4,310/yr
Insurance
$104
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$434
Net cashflow
$-208

Break-even live

Break-even rent $2,330
Max offer price $213,208
Occupancy floor

Sensitivity live

Price -10% $-67 -5% $-138 +0% $-208 +5% $-279 +10% $-350
Rent -10% $-372 -5% $-290 +0% $-208 +5% $-127 +10% $-45
Rate -1.0pp $-82 -0.5pp $-145 base $-208 +0.5pp $-273 +1.0pp $-339

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
$62,500
Closing costs
$7,500
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.

Listing history 25 events

  1. 2026-06-21
    days on market $250,000 Active 290 DOM
  2. 2026-06-18
    days on market $250,000 Active 287 DOM
  3. 2026-06-17
    days on market $250,000 Active 286 DOM
  4. 2026-06-16
    days on market $250,000 Active 285 DOM
  5. 2026-06-15
    days on market $250,000 Active 284 DOM
  6. 2026-06-13
    days on market $250,000 Active 282 DOM
  7. 2026-06-09
    days on market $250,000 Active 278 DOM
  8. 2026-06-08
    days on market $250,000 Active 277 DOM
  9. 2026-06-07
    days on market $250,000 Active 276 DOM
  10. 2026-06-04
    days on market $250,000 Active 273 DOM
  11. 2026-06-03
    days on market $250,000 Active 272 DOM
  12. 2026-06-02
    days on market $250,000 Active 271 DOM
  13. 2026-06-01
    days on market $250,000 Active 270 DOM
  14. 2026-05-31
    days on market $250,000 Active 269 DOM
  15. 2026-04-11
    price $250,000 617-char remark
    Show marketing remark (617 chars)

    Welcome home to this well-maintained 3 bedroom, 2 bath home, this home offers a spacious and functional layout perfect for everyday living and entertaining. Sitting on an acre lot, the property provides plenty of outdoor space for gardening, play, or future expansion. Nestled in the serene landscapes of Anahuac, Texas, the 77514-zip code is a hidden gem that offers an ideal blend of tranquility and accessibility. This charming area is perfect for those who cherish a peaceful lifestyle. This prime location invites nature enthusiasts to indulge in a variety of outdoor activities, with scenic beauty and wildlife.

  16. 2025-11-26
    price $255,000 617-char remark
    Show marketing remark (617 chars)

    Welcome home to this well-maintained 3 bedroom, 2 bath home, this home offers a spacious and functional layout perfect for everyday living and entertaining. Sitting on an acre lot, the property provides plenty of outdoor space for gardening, play, or future expansion. Nestled in the serene landscapes of Anahuac, Texas, the 77514-zip code is a hidden gem that offers an ideal blend of tranquility and accessibility. This charming area is perfect for those who cherish a peaceful lifestyle. This prime location invites nature enthusiasts to indulge in a variety of outdoor activities, with scenic beauty and wildlife.

  17. 2025-10-10
    price $260,000 617-char remark
    Show marketing remark (617 chars)

    Welcome home to this well-maintained 3 bedroom, 2 bath home, this home offers a spacious and functional layout perfect for everyday living and entertaining. Sitting on an acre lot, the property provides plenty of outdoor space for gardening, play, or future expansion. Nestled in the serene landscapes of Anahuac, Texas, the 77514-zip code is a hidden gem that offers an ideal blend of tranquility and accessibility. This charming area is perfect for those who cherish a peaceful lifestyle. This prime location invites nature enthusiasts to indulge in a variety of outdoor activities, with scenic beauty and wildlife.

  18. 2025-09-04
    listed $265,000 Active 617-char remark
    Show marketing remark (617 chars)

    Welcome home to this well-maintained 3 bedroom, 2 bath home, this home offers a spacious and functional layout perfect for everyday living and entertaining. Sitting on an acre lot, the property provides plenty of outdoor space for gardening, play, or future expansion. Nestled in the serene landscapes of Anahuac, Texas, the 77514-zip code is a hidden gem that offers an ideal blend of tranquility and accessibility. This charming area is perfect for those who cherish a peaceful lifestyle. This prime location invites nature enthusiasts to indulge in a variety of outdoor activities, with scenic beauty and wildlife.

  19. 2019-10-21
    soldstatus
  20. 2019-10-16
    soldstatus 425-char remark
    Show marketing remark (425 chars)

    Welcome Home! You must see this cozy 3 bedroom 2 bathroom home located on 1 acre. The living room features a wood burning fireplace with a porcelain coated insert which makes the wood burn more efficiently as well as a fan to blow the heat into the room. The galley style kitchen is located off of the living room. The home also features a walk-in bathtub & covered parking. Call today to schedule your private showing!

  21. 2019-10-16
    soldstatus Sold
    Show marketing remark (425 chars)

    Welcome Home! You must see this cozy 3 bedroom 2 bathroom home located on 1 acre. The living room features a wood burning fireplace with a porcelain coated insert which makes the wood burn more efficiently as well as a fan to blow the heat into the room. The galley style kitchen is located off of the living room. The home also features a walk-in bathtub & covered parking. Call today to schedule your private showing!

  22. 2019-09-18
    status Pending
  23. 2019-09-10
    status Option Pending
  24. 2019-09-09
    listed $149,900 425-char remark
    Show marketing remark (425 chars)

    Welcome Home! You must see this cozy 3 bedroom 2 bathroom home located on 1 acre. The living room features a wood burning fireplace with a porcelain coated insert which makes the wood burn more efficiently as well as a fan to blow the heat into the room. The galley style kitchen is located off of the living room. The home also features a walk-in bathtub & covered parking. Call today to schedule your private showing!

  25. 2019-08-23
    listed $149,900 Active

ⓘ 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
$4,310 · $359/mo
Projected year-2 tax
$4,575 · $381/mo
Expected delta
+$265/yr (+$22/mo · 6.2%)

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

Climate risk First Street

  • 🌊 Flood 8/10 Severe FEMA zone X (shaded) · 97% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥112°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 · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$24,798
− Mortgage interest
−$14,004
− Property taxes
−$4,310
− Insurance
−$2,048
− Repairs & maintenance
−$1,984
− Management
−$1,984
− Depreciation
−$7,273
Taxable loss
−$6,804
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,633
After-tax cash flow
$-866/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
Anahuac ISD
NCES district ID
4808190
Math proficiency
41% ▼ -22.00%
Reading proficiency
41% ▼ -7.00%
Median HH income
$46,714
Composite
35.02/100
National rank
#5043
State rank
#373 of 826 in TX

Livability — Anahuac

Score
70/100
State rank
#365
US rank
#7791

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
5,213

Population outlook (Chambers County) Hauer SSP2

Today (2025)
46,946 people
By 2030
51,094 · +8.8%
By 2040
59,578 · +26.9%
By 2050
68,318 · +45.5%
By 2075
90,485 · +92.7%
By 2100
104,885 · +123.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.61)
Race & ethnicity
White 55% Hispanic / Latino 29% Two or more races 13% Black 10% Asian 3%
Hispanic origin (detail)
Mexican 28%
Common ancestry
Lithuanian 4% Slovak 2% Scandinavian 1%
Foreign-born
12% · Canada, Vietnam
Languages at home
73% English-only · Spanish 23% Vietnamese 3%

Political lean MEDSL · Chambers

2024 margin
Solid R (+65.6) · D 16.8% · R 82.4%
2008→2024 swing
-14.4pp toward R · 2008: -51.2pp · 2024: -65.6pp
All cycles
2024: R+65.6 2020: R+61.7 2016: R+62.1 2012: R+61.1 2008: R+51.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -61.88%
Current HPI
203.8454
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+66.8% since first listed
11 events — show timeline
  • 2026-04-11 Price Changed $250,000 HARMLS
  • 2025-11-26 Price Changed $255,000 HARMLS
  • 2025-10-10 Price Changed $260,000 HARMLS
  • 2025-09-04 Listed $265,000 HARMLS
  • 2019-10-21 Sold (Public Records) Public Records
  • 2019-10-16 Sold (MLS) HARMLS
  • 2019-10-16 Sold (MLS) BBOR
  • 2019-09-18 Pending HARMLS
  • 2019-09-10 Pending HARMLS
  • 2019-09-09 Listed $149,900 BBOR
  • 2019-08-23 Listed $149,900 HARMLS

Property tax history

+4.8%/yr

Latest (2025): $4,310 · +10.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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