710 Roosevelt St · La Marque, TX 77568

$149,000

2 bd · 1.0 ba · 1,143 sqft · SingleFamily public records · 108 Days on market

Built 1950 8,768 sqft lot $130/sqft · 11% below area Est $167k · 11% under ↓ 4% since listing

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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 +12.5/15.0
• Cash flow +12.2/30.0
• 1% rule +4.2/10.0
• DSCR +3.6/10.0
• Rent growth +3.5/5.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

A welcoming 2-bedroom home that blends comfort with practical everyday living. The layout opens into a bright main living area with enough space for relaxing. The kitchen is fully equipped with a dishwasher, generous counter space, and cabinetry that makes cooking easy. Both bedrooms offer comfortable proportions and natural light, making them ideal for sleeping, working, or creating a personalized retreat. One standout feature is the indoor utility room, conveniently located to keep laundry and household tasks out of sight while still easily accessible. Schedule your showing today!

Key facts

• Main living area
• Indoor utility room
• 8,768 sq ft lot

Tags

• MAIN LIVING AREA
• FULLY EQUIPPED KITCHEN
• INDOOR UTILITY ROOM

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $149k.

Deal economics

• At list price, monthly cash flow is $-96 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $132k (11.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $137k (8.1% below list).
• Recommended offer: $132k (11.3% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 59/100 on livability (#1,136 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, crime F.
• Texas City ISD (suburban): math 28% / reading 29% proficiency, ranked #655 of 826 in TX (top 79%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+4.0%/yr); 661 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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.

Negotiation context

• It's been on market 108 days — a 9% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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 $66/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; 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 $132,104 (11.3% 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 108 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
3. Built in 1950 — 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. 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?
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. 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?
10. 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.
11. 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.
12. 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: 0.92% ✗
• Cap rate: 6.06%
• Cash-on-cash: -0.84%
• DSCR: 0.96
• GRM: 9.1

CMA / ARV

• ARV (median comp): $167,418
• List price: $149,000
• Delta: -11.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
606 Roosevelt St	0.08mi	3/1.5 (+1)	1,092 (-4%)	4mo	$179,900	$165	79
1815 Thompson St	0.19mi	3/2.0 (+1)	1,250 (+9%)	1mo	$199,000	$159	66
1813 Thompson St	0.20mi	3/2.0 (+1)	1,250 (+9%)	5mo	$209,000	$167	62
1013 Veronica St	0.30mi	2/2.0	1,246 (+9%)	8mo	$165,000	$132	60
113 Lake Rd	0.36mi	3/1.0 (+1)	1,040 (-9%)	6mo	$80,000	$77	58
503 Raymond Ave	0.53mi	3/2.0 (+1)	1,198 (+5%)	4mo	$150,000	$125	55
1102 Linden St	0.29mi	2/1.0	982 (-14%)	10mo	$115,000	$117	55
2026 Rosalee St	0.42mi	3/2.0 (+1)	1,270 (+11%)	1mo	$189,000	$149	52
2918 Katherine St	0.72mi	3/1.0 (+1)	1,195 (+4%)	4mo	$154,500	$129	50
2806 Ashley St	0.60mi	3/2.0 (+1)	1,204 (+5%)	5mo	$110,000	$91	50
118 Brown St	0.66mi	3/1.0 (+1)	1,275 (+12%)	1mo	$205,000	$161	44
504 Raymond St	0.56mi	3/2.0 (+1)	1,313 (+15%)	2mo	$120,000	$91	39

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 · 3.95% rent growth · sell at horizon

5-year hold

• IRR: -19.6%
• Equity multiple: 0.31×
• Total profit: $-28,802
• Equity at exit: $22,216

10-year hold

• IRR: -10.1%
• Equity multiple: 0.35×
• Total profit: $-26,940
• Equity at exit: $12,883

Cash invested: $41,720 (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 77568

• Home prices YoY: -22.7%
• Rents YoY: 4.0%
• Active inventory: 661
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,370 high
• Mortgage (P&I): −$781
• Tax from tax record: −$268 /mo · $3,217/yr
• Insurance: −$62
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$288
• Net cashflow: $-96

Break-even live

Break-even rent $1,491

Max offer price $132,104

Occupancy floor —

Sensitivity live

Price	-10% $-11	-5% $-53	+0% $-96	+5% $-138	+10% $-180
Rent	-10% $-204	-5% $-150	+0% $-96	+5% $-42	+10% $13
Rate	-1.0pp $-21	-0.5pp $-58	base $-96	+0.5pp $-134	+1.0pp $-174

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: $37,250
• Closing costs: $4,470
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2328 Boss St La Marque, TX	2.0	1.0	848	$925	$1.09	14d	2	0.15mi
306 Lake Rd Unit B La Marque, TX	2.0	1.0	816	$995	$1.22	45d	1	0.25mi
203 Beatrice St La Marque, TX	3.0	1.0	1304	$1,395	$1.07	26d	1	0.40mi
309 S Bell Dr Texas City, TX	2.0	2.0	1316	$1,650	$1.25	45d	1	0.43mi
1013 Margot St La Marque, TX	3.0	2.0	1099	$1,500	$1.36	20d	1	0.47mi
1006 E Camp Cir La Marque, TX	3.0	1.0	1230	$1,500	$1.22	26d	1	0.60mi
711 Avenue A Unit 4 La Marque, TX	2.0	1.0	750	$799	$1.07	45d	1	0.80mi
1825 Bayou Rd La Marque, TX	2.0	1.0	1200	$1,195	$1.00	45d	1	0.87mi
4417 Edward St Texas City, TX	2.0	2.0	983	$1,150	$1.17	4d	1	1.08mi
4417 Edward St Texas City, TX	2.0	2.0	983	$1,100	$1.12	5d	1	1.08mi
619 N Vionett Ln Texas City, TX	3.0	2.0	1204	$1,550	$1.29	7d	1	1.08mi
7510 Hummingbird Ln Texas City, TX	3.0	1.5	1200	$1,550	$1.29	4d	1	1.24mi
2729 Main St La Marque, TX	2.0	1.0–2.0	864	$950	$1.10	0d	3	1.26mi
6607 Memorial Dr Texas City, TX	2.0	1.0	936	$1,200	$1.28	45d	1	1.32mi

Listing history 22 events

1. 2026-06-21
   days on market $149,000 Active 108 DOM
2. 2026-06-18
   days on market $149,000 Active 105 DOM
3. 2026-06-17
   days on market $149,000 Active 104 DOM
4. 2026-06-16
   days on market $149,000 Active 103 DOM
5. 2026-06-15
   days on market $149,000 Active 102 DOM
6. 2026-06-13
   days on market $149,000 Active 100 DOM
7. 2026-06-09
   days on market $149,000 Active 96 DOM
8. 2026-06-08
   days on market $149,000 Active 95 DOM
9. 2026-06-07
   days on market $149,000 Active 94 DOM
10. 2026-06-04
    days on market $149,000 Active 91 DOM
11. 2026-06-03
    days on market $149,000 Active 90 DOM
12. 2026-06-02
    days on market $149,000 Active 89 DOM
13. 2026-06-01
    days on market $149,000 Active 88 DOM
14. 2026-05-31
    days on market $149,000 Active 87 DOM
15. 2026-03-05
    listed $149,000 Active 589-char remark

    Show marketing remark (589 chars)

    A welcoming 2-bedroom home that blends comfort with practical everyday living. The layout opens into a bright main living area with enough space for relaxing. The kitchen is fully equipped with a dishwasher, generous counter space, and cabinetry that makes cooking easy. Both bedrooms offer comfortable proportions and natural light, making them ideal for sleeping, working, or creating a personalized retreat. One standout feature is the indoor utility room, conveniently located to keep laundry and household tasks out of sight while still easily accessible. Schedule your showing today!

16. 2022-04-28
    soldstatus
17. 2022-04-23
    soldstatus Sold 184-char remark

    Show marketing remark (184 chars)

    WOW HOUSE WITH BEAUTIFUL UPDATES !!!! Updates include; windows, interior and exterior paint, carpet, vinyl plank flooring, lights, spotlights, fan, doors, baseboards and COOLING !!!!.

18. 2022-03-19
    status Pending, Continue to Show 184-char remark

    Show marketing remark (184 chars)

    WOW HOUSE WITH BEAUTIFUL UPDATES !!!! Updates include; windows, interior and exterior paint, carpet, vinyl plank flooring, lights, spotlights, fan, doors, baseboards and COOLING !!!!.

19. 2022-01-08
    listed $154,500 Active 184-char remark

    Show marketing remark (184 chars)

    WOW HOUSE WITH BEAUTIFUL UPDATES !!!! Updates include; windows, interior and exterior paint, carpet, vinyl plank flooring, lights, spotlights, fan, doors, baseboards and COOLING !!!!.

20. 2021-03-04
    soldstatus
21. 2020-10-02
    soldstatus
22. 2020-10-01
    soldstatus

ⓘ 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: $3,217 · $268/mo
• Projected year-2 tax: $3,217 · $268/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 7/10 Severe FEMA zone X (shaded) · 59% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,440
• − Mortgage interest: −$8,346
• − Property taxes: −$3,217
• − Insurance: −$1,542
• − Repairs & maintenance: −$1,315
• − Management: −$1,315
• − Depreciation: −$4,335
• Taxable loss: −$3,630
• Est. tax savings @ 24.0%: +$871
• After-tax cash flow: $-277/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: Texas City ISD
• NCES district ID: 4842510
• Math proficiency: 28% ▼ -10.00%
• Reading proficiency: 29% ▼ -4.00%
• Median HH income: $44,875
• Composite: 24.47/100
• National rank: #7664
• State rank: #655 of 826 in TX

Livability — La Marque

• Score: 59/100
• State rank: #1136
• US rank: #20037

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: La Marque, TX
• County: Galveston County · 357,330 people
• City population: 23,083
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 23,083
• Household income: $74,694
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 700.0

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: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 37% Hispanic / Latino 29% Black 26% Two or more races 17% Asian 3%
• Hispanic origin (detail): Mexican 22% Puerto Rican 1%
• Common ancestry: Lithuanian 1% Italian 1% Serbian 1%
• Foreign-born: 8% · Canada
• Languages at home: 77% English-only · Spanish 21% Tagalog/Filipino 1% Other Asian/Pacific 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: ▼ -69.39%
• Current HPI: 236.0239
• Rent YoY: ▲ 3.95%
• 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

-3.6% since first listed

8 events — show timeline

• 2026-03-05 Listed $149,000 HARMLS
• 2022-04-28 Sold (Public Records) — Public Records
• 2022-04-23 Sold (MLS) — HARMLS
• 2022-03-19 Pending — HARMLS
• 2022-01-08 Listed $154,500 HARMLS
• 2021-03-04 Sold (Public Records) — Public Records
• 2020-10-02 Sold (Public Records) — Public Records
• 2020-10-01 Sold (Public Records) — Public Records

Property tax history

+10.6%/yr

Latest (2025): $3,217 · +7.3% YoY. Source: county tax records.