CashFlowRE
Sign in Sign up
801 13th St
B Composite 70.69
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 +30.0/30.0
  • ARV discount +11.2/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +3.1/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +1.5/10.0
  • Appreciation +0.0/10.0

$79,000

801 13th St · Port Arthur, TX 77640
3 bd · 2.0 ba · 1,372 sqft · SingleFamily public records · 134 Days on market
Built 1962 7,000 sqft lot $58/sqft · 8% below area Est $86k · 8% under

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

Listing remarks MLS

This Single-Family Home has 3 beds, 1 bath, and approximately 1,372 SF. The house was built in 1962. Nice large corner lot, close to shopping, dining and amenities.

Key facts

  • Large corner lot
  • Close to dining
  • Close to amenities

Tags

LARGE CORNER LOTCLOSE TO SHOPPINGCLOSE TO DININGCLOSE TO AMENITIES

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 $79k.

Deal economics

  • At list price, monthly cash flow is $304 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $79k).
  • Recommended offer: $70k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.9% vs local median 5.0% in Port Arthur — 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 61/100 on livability (#1,014 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
  • Port Arthur ISD (urban): math 15% / reading 22% proficiency, ranked #796 of 826 in TX (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Washington El (259 students, 94% FRL); Lincoln Middle (math 14% / reading 21%, grade F, #1,507 of 1,662 statewide, top 91%, 722 students, 87% FRL); Memorial H S (math 15% / reading 27%, grade F, #1,385 of 1,632 statewide, top 85%, 2,116 students, 77% FRL).
  • Market conditions: 149 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 343 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $546 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 134 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 2y ago; this cycle's ask is 2624% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: property tax is 2.7% of price; flood insurance adds $66/mo.
  • Climate carrying-cost: severe flood risk; 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 $69,520 (12.0% below list)

Questions for the listing agent

  1. It's been on market 134 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1962 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  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 D-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. 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.
  10. 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.
  11. 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
1.59%
Cap rate
11.91%
Cash-on-cash
20.07%
DSCR
1.89
GRM
5.2

CMA / ARV

ARV (median comp)
$85,974
List price
$79,000
Delta
-8.11%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 4 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
1110 15th St 0.24mi 4/2.0 (+1) 1,436 (+5%) 3mo $135,000 $94 73
1320 9th St 0.53mi 3/2.0 1,425 (+4%) 8mo $90,000 $63 62
1312 13th St 0.36mi 3/2.0 1,176 (-14%) 5mo $99,900 $85 55
1627 Gulfway Dr 0.63mi 3/1.5 1,536 (+12%) 21mo $115,000 $75 31

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
7.7%
Equity multiple
1.30×
Total profit
$6,637
Equity at exit
$11,779
10-year hold
IRR
17.0%
Equity multiple
2.41×
Total profit
$31,106
Equity at exit
$6,830

Cash invested: $22,120 (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 77640

Home prices YoY
-22.2%
Active inventory
149
Price-to-rent
5.2×

Monthly cashflow live

Estimated rent
$1,256 medium interval (Pro) →
Mortgage (P&I)
$414
Tax from tax record
$175 /mo · $2,105/yr
Insurance
$33
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$264
Net cashflow
$304

Break-even live

Break-even rent $872
Max offer price $79,000
Occupancy floor 71%

Sensitivity live

Price -10% $348 -5% $326 +0% $304 +5% $281 +10% $259
Rent -10% $204 -5% $254 +0% $304 +5% $353 +10% $403
Rate -1.0pp $343 -0.5pp $324 base $304 +0.5pp $283 +1.0pp $262

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
$19,750
Closing costs
$2,370
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.

Rent comps 4 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
311 12th St Port Arthur, TX 2.0 1.0 894 $1,200 $1.34 15d 1 0.37mi
1300 18th St Port Arthur, TX 3.0 1.0 1400 $1,495 $1.07 45d 1 0.44mi
1409 10th St Port Arthur, TX 2.0 1.0 1000 $925 $0.93 45d 1 0.51mi
1409 10th St Unit A Port Arthur, TX 3.0 1.0 1278 $1,275 $1.00 22d 1 0.51mi

Listing history 27 events

  1. 2026-06-22
    days on market $79,000 Active 134 DOM
  2. 2026-06-18
    days on market $79,000 Active 131 DOM
  3. 2026-06-17
    days on market $79,000 Active 130 DOM
  4. 2026-06-16
    days on market $79,000 Active 129 DOM
  5. 2026-06-15
    days on market $79,000 Active 128 DOM
  6. 2026-06-14
    days on market $79,000 Active 126 DOM
  7. 2026-06-13
    days on market $79,000 Active 125 DOM
  8. 2026-06-10
    days on market $79,000 Active 123 DOM
  9. 2026-06-09
    days on market $79,000 Active 122 DOM
  10. 2026-06-08
    days on market $79,000 Active 121 DOM
  11. 2026-06-07
    days on market $79,000 Active 120 DOM
  12. 2026-06-03
    days on market $79,000 Active 116 DOM
  13. 2026-06-02
    days on market $79,000 Active 115 DOM
  14. 2026-06-01
    days on market $79,000 Active 114 DOM
  15. 2026-05-31
    days on market $79,000 Active 113 DOM
  16. 2026-05-30
    days on market $79,000 Active 112 DOM
  17. 2026-04-07
    listed $2,900
  18. 2026-03-12
    historical $2,900
  19. 2026-02-07
    listed $79,000 Active 165-char remark
    Show marketing remark (165 chars)

    This Single-Family Home has 3 beds, 1 bath, and approximately 1,372 SF. The house was built in 1962. Nice large corner lot, close to shopping, dining and amenities.

  20. 2025-12-31
    historical
  21. 2025-07-08
    listed $2,900
  22. 2025-06-26
    historical $2,900
  23. 2025-05-18
    price $110,000
  24. 2024-10-11
    listed $2,900
  25. 2024-06-24
    listed $79,000 Active
  26. 2019-11-13
    soldstatus
  27. 2016-04-27
    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
$2,105 · $175/mo
Projected year-2 tax
$2,105 · $175/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 9/10 Extreme FEMA zone X (shaded) · 77% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 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 1 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$15,078
− Mortgage interest
−$4,425
− Property taxes
−$2,105
− Insurance
−$1,192
− Repairs & maintenance
−$1,206
− Management
−$1,206
− Depreciation
−$2,298
Taxable income
$2,644
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$635
After-tax cash flow
$3,008/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
Port Arthur ISD
NCES district ID
4835400
Math proficiency
15% ▼ -22.00%
Reading proficiency
22% ▼ -10.00%
Median HH income
$31,795
Composite
14.9/100
National rank
#9373
State rank
#796 of 826 in TX

Livability — Port Arthur

Score
61/100
State rank
#1014
US rank
#18061

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Port Arthur, TX
City population
38,358
Population (ZIP)
17,480

Population outlook (Jefferson County) Hauer SSP2

Today (2025)
259,015 people
By 2030
260,685 · +0.6%
By 2040
263,309 · +1.7%
By 2050
265,237 · +2.4%
By 2075
270,193 · +4.3%
By 2100
255,628 · -1.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
Black 54% White 22% Hispanic / Latino 21% Two or more races 8% Asian 2%
Hispanic origin (detail)
Mexican 16% Dominican 1%
Common ancestry
Lithuanian 3%
Foreign-born
11% · Canada
Languages at home
79% English-only · Spanish 17% Other Indo-European 2% German/W. Germanic 1%

Political lean MEDSL · Jefferson

2024 margin
Lean R (+8.9) · D 45.1% · R 54.0%
2008→2024 swing
-11.1pp toward R · 2008: 2.2pp · 2024: -8.9pp
All cycles
2024: R+8.9 2020: R+1.6 2016: R+0.5 2012: D+1.6 2008: D+2.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -47.78%
Current HPI
167.6359
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

-96.3% since first listed
11 events — show timeline
  • 2026-04-07 Listed for Rent $2,900 HARMLS
  • 2026-03-12 Rental Removed $2,900 HARMLS
  • 2026-02-07 Listed $79,000 HARMLS
  • 2025-12-31 Listing Removed HARMLS
  • 2025-07-08 Listed for Rent $2,900 HARMLS
  • 2025-06-26 Rental Removed $2,900 HARMLS
  • 2025-05-18 Price Changed $110,000 HARMLS
  • 2024-10-11 Listed for Rent $2,900 HARMLS
  • 2024-06-24 Listed $79,000 HARMLS
  • 2019-11-13 Sold (Public Records) Public Records
  • 2016-04-27 Sold (Public Records) Public Records

Property tax history

+10.0%/yr

Latest (2025): $2,105 · +17.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…