1915 Little St · La Marque, TX 77568

$139,900

3 bd · 1.5 ba · 1,333 sqft · SingleFamily public records · 13 Days on market

Built 1955 7,200 sqft lot Est $151k · 7% under

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Why this score? — see what drove the C+ 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 +23.7/30.0
• ARV discount +10.7/15.0
• DSCR +7.6/10.0
• 1% rule +7.3/10.0
• 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

Charming and move-in ready, this 3-bedroom, 1.5-bath La Marque home offers the possibility of a 4th bedroom and plenty of flexibility in space and function. Featuring a newer HVAC (2021), all new flooring (2025), fresh paint (2025) and bathroom updates (2025), this home is bright, clean, and ready for its new owner. Perfect for first-time buyers, it’s a comfortable home as-is, or bring your vision and add minor updates to the kitchen and baths to make it truly your own. A great opportunity to own an affordable, well-maintained home in a convenient location!

Key facts

• 7,200 sq ft lot
• Built 1955
• Listed 13 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $199 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Cap rate 8.6% vs local median 5.6% in La Marque — 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 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, crime F, amenities 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: Hayley El (math 7% / reading 11%, grade F, #4,293 of 4,322 statewide, top 99%, 562 students, 92% 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 92% FRL vs 66% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 16% at this address vs 28% district-wide (-12 pts) — the specific schools serving this property underperform the Texas City ISD average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising (+4.0%/yr); 661 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 $967 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

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 20y 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: property tax is 2.5% of price; flood insurance adds $66/mo; built in 1955 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe 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 $139,900

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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?
6. 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?
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: 1.23% ✓
• Cap rate: 8.57%
• Cash-on-cash: 8.14%
• DSCR: 1.36
• GRM: 6.8

CMA / ARV

• ARV (on-the-fly): $150,629
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1915 Little St	0.00mi	3/1.5	1,333 (0%)	1mo	$139,900	$105	99
1903 Little St	0.07mi	3/2.0	1,269 (-5%)	4mo	$139,999	$110	84
2209 Irene St	0.22mi	3/2.0	1,479 (+11%)	6mo	$200,777	$136	64
1906 Little St	0.06mi	4/2.0 (+1)	1,520 (+14%)	9mo	$90,000	$59	60
1126 Orange St	0.67mi	3/1.0	1,381 (+4%)	1mo	$139,500	$101	60
1405 Austin St	0.67mi	3/2.0	1,389 (+4%)	1mo	$235,000	$169	59
1220 Walnut St	0.60mi	3/2.0	1,448 (+9%)	0mo	$200,000	$138	56
2726 S Crockett St	0.72mi	3/1.0	1,370 (+3%)	8mo	$155,000	$113	53
1925 Palm St	0.60mi	3/2.0	1,442 (+8%)	5mo	$199,900	$139	52
1503 Main St	0.44mi	2/1.0 (-1)	1,182 (-11%)	8mo	$225,000	$190	47
1114 Main St	0.69mi	4/2.0 (+1)	1,171 (-12%)	1mo	$88,000	$75	40
1311 Scott St	0.69mi	2/2.0 (-1)	1,520 (+14%)	6mo	$164,000	$108	32

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: -5.5%
• Equity multiple: 0.79×
• Total profit: $-8,176
• Equity at exit: $20,860

10-year hold

• IRR: 5.5%
• Equity multiple: 1.43×
• Total profit: $16,729
• Equity at exit: $12,096

Cash invested: $39,172 (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: 6.8×

Monthly cashflow live

• Estimated rent: $1,715 high
• Mortgage (P&I): −$734
• Tax from tax record: −$297 /mo · $3,563/yr
• Insurance: −$58
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$360
• Net cashflow: $199

Break-even live

Break-even rent $1,462

Max offer price $139,900

Occupancy floor 83%

Sensitivity live

Price	-10% $279	-5% $239	+0% $199	+5% $160	+10% $120
Rent	-10% $64	-5% $132	+0% $199	+5% $267	+10% $335
Rate	-1.0pp $270	-0.5pp $235	base $199	+0.5pp $163	+1.0pp $126

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: $34,975
• Closing costs: $4,197
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1825 Bayou Rd La Marque, TX	2.0	1.0	1200	$1,195	$1.00	44d	1	0.23mi
1230 Kirsten St La Marque, TX	3.0	2.0	1704	$1,660	$0.97	3d	1	0.54mi
1401 Austin St La Marque, TX	4.0	3.0	1542	$2,400	$1.56	44d	1	0.69mi
2729 Main St La Marque, TX	2.0	1.0–2.0	864	$950	$1.10	0d	3	0.75mi
1013 Margot St La Marque, TX	3.0	2.0	1099	$1,500	$1.36	19d	1	0.86mi
1006 E Camp Cir La Marque, TX	3.0	1.0	1230	$1,500	$1.22	25d	1	1.00mi
203 Beatrice St La Marque, TX	3.0	1.0	1304	$1,395	$1.07	25d	1	1.33mi
509 Bluebonnet Dr La Marque, TX	4.0	1.0	1223	$1,550	$1.27	44d	1	1.38mi
309 S Bell Dr Texas City, TX	2.0	2.0	1316	$1,650	$1.25	44d	1	1.48mi
105 Plum St La Marque, TX	4.0	1.5	1329	$2,100	$1.58	4d	1	1.49mi

Listing history 21 events

1. 2026-05-04
   status Pending
2. 2026-04-27
   status Pending
3. 2026-04-20
   listed $139,900 Active
4. 2026-03-16
   status Pending
5. 2026-03-08
   status Pending
6. 2026-03-07
   historical
7. 2026-02-13
   price $144,900
8. 2026-01-04
   listed $149,900 Active
9. 2025-12-31
   historical
10. 2025-11-18
    price $175,000
11. 2025-10-13
    price $165,000
12. 2025-08-16
    listed $175,000 Active
13. 2019-12-20
    soldstatus
14. 2008-04-17
    soldstatus
15. 2008-01-14
    soldstatus
16. 2007-05-24
    soldstatus
17. 2007-01-12
    historical
18. 2006-10-03
    listed $77,000
19. 2006-10-03
    historical
20. 2006-07-03
    listed $77,000
21. 2006-04-17
    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: $3,563 · $297/mo
• Projected year-2 tax: $3,563 · $297/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 8/10 Severe FEMA zone X · 76% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥109°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: $20,578
• − Mortgage interest: −$7,837
• − Property taxes: −$3,563
• − Insurance: −$1,497
• − Repairs & maintenance: −$1,646
• − Management: −$1,646
• − Depreciation: −$4,070
• Taxable income: $319
• Est. tax owed @ 24.0%: −$76
• After-tax cash flow: $2,316/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

+81.7% since first listed

21 events — show timeline

• 2026-05-04 Pending — HARMLS
• 2026-04-27 Pending — HARMLS
• 2026-04-20 Listed $139,900 HARMLS
• 2026-03-16 Pending — HARMLS
• 2026-03-08 Pending — HARMLS
• 2026-03-07 Listing Removed — HARMLS
• 2026-02-13 Price Changed $144,900 HARMLS
• 2026-01-04 Listed $149,900 HARMLS
• 2025-12-31 Listing Removed — HARMLS
• 2025-11-18 Price Changed $175,000 HARMLS
• 2025-10-13 Price Changed $165,000 HARMLS
• 2025-08-16 Listed $175,000 HARMLS
• 2019-12-20 Sold (Public Records) — Public Records
• 2008-04-17 Sold (Public Records) — Public Records
• 2008-01-14 Sold (Public Records) — Public Records
• 2007-05-24 Sold (Public Records) — Public Records
• 2007-01-12 Listing Removed — HARMLS
• 2006-10-03 Listing Removed — HARMLS
• 2006-10-03 Listed $77,000 HARMLS
• 2006-07-03 Listed $77,000 HARMLS
• 2006-04-17 Sold (Public Records) — Public Records

Property tax history

+12.3%/yr

Latest (2025): $3,563 · +23.6% YoY. Source: county tax records.