7506 Carver Ave · Texas City, TX 77591

$174,000

3 bd · 1.5 ba · 1,162 sqft · SingleFamily public records · 3 Days on market

Built 1977 6,037 sqft lot Est $145k · 20% over

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Why this score? — see what drove the F 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 +12.0/30.0
• 1% rule +3.9/10.0
• Rent growth +3.7/5.0
• DSCR +3.5/10.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to your new home. This home has 3 bedrooms and 1 1/2 baths. Spacious backyard for entertaining. TLC Needed. Endless possibilities

Key facts

• New gutters
• Grinded stumps
• New roof

Tags

• NEW ROOF
• NEW GUTTERS
• NEW FENCE
• NEW WINDOWS
• REMOVAL OF DEAD TREES
• GRINDED STUMPS

Property features AI

Exterior

• Parking: Attached garage
• Utilities: Public water; Public sewer
• Home design: Residential property; Built in 1977; Slab foundation; Composition roof
• Construction: Brick construction
• Exterior features: Deck; Fence (back yard); Porch; Patio; Private yard; Subdivision setting; Concrete road surface

Interior

• Kitchen: Dishwasher; Disposal; Gas oven; Gas range; Microwave
• Bedrooms: 3 total rooms
• Flooring: Carpet; Engineered hardwood; Tile
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating (gas); Central electric air conditioning; Insulation
• Interior features: Kitchen/family room combo; Kitchen/dining combo; Primary bedroom with bath; Pantry; Tub with shower; Window treatments
• Laundry & utility: Washer hookup; Electric dryer hookup; Gas dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $174k.

Deal economics

• At list price, monthly cash flow is $-42 ($-503/yr) — negative.
• To cash-flow at today's rent, offer at most $167k (4.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $155k (10.7% below list).
• Recommended offer: $155k (10.7% below list) — sets the bar for 1% rule.
• Cap rate 6.0% vs local median 4.3% in Texas City — 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 62/100 on livability (#907 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime D+, amenities F, commute 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.
• Zoned schools: Simms El (math 23% / reading 24%, grade F, #3,247 of 4,322 statewide, top 76%, 475 students, 89% FRL); La Marque H S (math 27% / reading 20%, grade F, #1,342 of 1,632 statewide, top 82%, 647 students, 91% FRL) — zoned schools average 90% FRL vs 66% district-wide (24 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising fast (+4.7%/yr); 240 active listings in the ZIP; 12 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% 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).

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.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.
• 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

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,421 (10.7% 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 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.89% ✗
• Cap rate: 6.00%
• Cash-on-cash: -1.03%
• DSCR: 0.95
• GRM: 9.3

CMA / ARV

• ARV (on-the-fly): $145,250
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7011 Anderson St	0.35mi	3/1.0	1,176 (+1%)	1mo	$80,000	$68	79
7305 Carver Ave	0.13mi	3/2.0	1,242 (+7%)	6mo	$189,900	$153	75
318 S Fulton St	0.37mi	3/1.0	1,158 (-0%)	8mo	$155,000	$134	73
106 N Texas St	0.34mi	3/1.0	1,083 (-7%)	2mo	$120,000	$111	69
408 S Texas St	0.45mi	3/1.5	1,184 (+2%)	8mo	$119,000	$101	69
7211 Mockingbird Ln	0.25mi	3/1.5	1,300 (+12%)	2mo	$187,600	$144	67
111 S Fulton St	0.25mi	2/2.0 (-1)	1,327 (+14%)	2mo	$175,000	$132	56
331 N Texas St	0.39mi	3/2.0	1,034 (-11%)	8mo	$129,000	$125	55
110 N Texas St	0.34mi	2/2.0 (-1)	1,327 (+14%)	1mo	$162,250	$122	53
118 Brown St	0.67mi	3/1.0	1,275 (+10%)	1mo	$205,000	$161	49
7214 Whippoorwill Ln	0.49mi	4/2.0 (+1)	1,292 (+11%)	2mo	$128,000	$99	49
3029 Taylor St	0.62mi	3/1.0	1,330 (+14%)	1mo	$135,000	$102	44

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 · 4.67% rent growth · sell at horizon

5-year hold

• IRR: -16.0%
• Equity multiple: 0.42×
• Total profit: $-28,143
• Equity at exit: $25,944

10-year hold

• IRR: -4.8%
• Equity multiple: 0.66×
• Total profit: $-16,406
• Equity at exit: $15,044

Cash invested: $48,720 (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 77591

• Home prices YoY: -5.6%
• Rents YoY: 4.7%
• Active inventory: 240
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $1,554 high
• Mortgage (P&I): −$912
• Tax from tax record: −$285 /mo · $3,417/yr
• Insurance: −$72
• HOA: −$0
• Vacancy / Maint / Mgmt: −$326
• Net cashflow: $-42

Break-even live

Break-even rent $1,607

Max offer price $166,602

Occupancy floor 98%

Sensitivity live

Price	-10% $57	-5% $7	+0% $-42	+5% $-91	+10% $-140
Rent	-10% $-165	-5% $-103	+0% $-42	+5% $20	+10% $81
Rate	-1.0pp $46	-0.5pp $2	base $-42	+0.5pp $-87	+1.0pp $-133

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: $43,500
• Closing costs: $5,220
• Reserves months: —
• Total cash needed: —

Rent comps 12 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7510 Hummingbird Ln Texas City, TX	3.0	1.5	1200	$1,550	$1.29	4d	1	0.07mi
6607 Memorial Dr Texas City, TX	2.0	1.0	936	$1,200	$1.28	45d	1	0.73mi
7561 Medical Center Dr Texas City, TX	2.0	2.0	892	$1,113	$1.25	45d	1	0.81mi
306 Lake Rd Unit B La Marque, TX	2.0	1.0	816	$995	$1.22	45d	1	1.00mi
309 S Bell Dr Texas City, TX	2.0	2.0	1316	$1,650	$1.25	45d	1	1.02mi
9001 Glacier Ave Texas City, TX	2.0	2.0	1062	$1,180	$1.11	0d	4	1.06mi
1006 E Camp Cir La Marque, TX	3.0	1.0	1230	$1,500	$1.22	26d	1	1.10mi
2328 Boss St La Marque, TX	2.0	1.0	848	$925	$1.09	14d	2	1.13mi
619 N Vionett Ln Texas City, TX	3.0	2.0	1204	$1,550	$1.29	7d	1	1.13mi
1013 Margot St La Marque, TX	3.0	2.0	1099	$1,500	$1.36	20d	1	1.22mi
203 Beatrice St La Marque, TX	3.0	1.0	1304	$1,395	$1.07	26d	1	1.39mi
8807 Emmett F Lowry Expy Texas City, TX	2.0	2.0	987	$1,105	$1.12	45d	1	1.42mi

Listing history 3 events

1. 2026-06-21
   days on market $174,000 Active 3 DOM
2. 2026-06-18
   remarks 699-char remark
3. 2026-06-18
   listed $174,000 Active 1 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: $3,417 · $285/mo
• Projected year-2 tax: $3,417 · $285/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 (shaded) · 26% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 28 d/yr by 30 yrs out
• 💨 Wind 9/10 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: $18,651
• − Mortgage interest: −$9,747
• − Property taxes: −$3,417
• − Insurance: −$870
• − Repairs & maintenance: −$1,492
• − Management: −$1,492
• − Depreciation: −$5,062
• Taxable loss: −$3,429
• Est. tax savings @ 24.0%: +$823
• After-tax cash flow: $320/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 — Texas City

• Score: 62/100
• State rank: #907
• US rank: #16268

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Texas City, TX
• County: Galveston County · 357,330 people
• City population: 49,936
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 18,294
• Household income: $68,593
• Rent vs Own: 44.6% rent · 55.4% own
• Severe rent burden: 718.0

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: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Black 50% White 26% Hispanic / Latino 19% Two or more races 9% Asian 2%
• Hispanic origin (detail): Mexican 15%
• Common ancestry: Lithuanian 2% Romanian 1% Slovak 1%
• Foreign-born: 7% · Canada, China
• Languages at home: 88% English-only · Spanish 9% Other Indo-European 1% Chinese 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: ▼ -14.63%
• Current HPI: 247.1905
• Rent YoY: ▲ 4.67%
• 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

+8.8% since first listed

8 events — show timeline

• 2026-06-18 Listed $174,000 HARMLS
• 2023-01-23 Sold (Public Records) — Public Records
• 2023-01-20 Sold (MLS) — HARMLS
• 2023-01-04 Pending — HARMLS
• 2022-12-27 Pending — HARMLS
• 2022-12-15 Price Changed $145,000 HARMLS
• 2022-11-16 Price Changed $150,000 HARMLS
• 2022-10-24 Listed $160,000 HARMLS

Property tax history

+10.6%/yr

Latest (2025): $3,417 · +11.6% YoY. Source: county tax records.