711 8th Ave N · Texas City, TX 77590

$144,900

4 bd · 1.0 ba · 1,505 sqft · SingleFamily public records · 121 Days on market

Built 1950 6,250 sqft lot $96/sqft · 19% below area Est $179k · 19% under

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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 +24.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.1/10.0
• 1% rule +7.7/10.0
• Rent growth +3.7/5.0
• Livability +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Check out this great 4 bedroom/ 2 full bath home! Vinyl plank flooring throughout whole house! NO CARPET!. Dream kitchen with granite counters, stainless appliances. Remodeled bathrooms. Faux fireplace, ceiling fans in all bedrooms. Extra storage and laundry room. Large lot, great location off 1764! Check out the Virtual Tour!

Key facts

• Extra storage
• Laundry room
• Stainless appliances

Tags

• VINYL PLANK FLOORING
• GRANITE COUNTERS
• STAINLESS APPLIANCES
• REMODELED BATHROOMS
• EXTRA STORAGE
• LAUNDRY ROOM

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $145k.

Deal economics

• At list price, monthly cash flow is $246 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $128k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.9% 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+, schools 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.
• Market conditions: Rents rising fast (+4.9%/yr); 292 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals leasing fast (median 2d on market — plan ~1-2 weeks tenant-placement turnaround); 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($66k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• At projected returns (-3.0% appreciation + 4.9% rent growth), your $41k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 121 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 17y ago; this cycle's ask has dropped $17k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; flood insurance adds $66/mo; built in 1950 — 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 $127,512 (12.0% below list)

Questions for the listing agent

1. It's been on market 121 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 1950 — 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 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 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?
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: 1.27% ✓
• Cap rate: 8.88%
• Cash-on-cash: 9.23%
• DSCR: 1.41
• GRM: 6.6

CMA / ARV

• ARV (median comp): $179,490
• List price: $144,900
• Delta: -19.27%
• 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
202 10th Ave N	0.50mi	3/1.0 (-1)	1,444 (-4%)	5mo	$160,000	$111	61
314 13th Ave N	0.52mi	3/1.5 (-1)	1,512 (+0%)	11mo	$197,900	$131	59
820 18th Ave N	0.72mi	4/2.0	1,548 (+3%)	0mo	$199,900	$129	57
504 16th Ave N	0.60mi	3/2.0 (-1)	1,444 (-4%)	4mo	$169,000	$117	52
1421 5th Ave N	0.71mi	4/2.0	1,452 (-4%)	6mo	$190,000	$131	52
1217 3rd Ave N	0.57mi	3/2.0 (-1)	1,588 (+6%)	4mo	$99,900	$63	52
720 14th Ave N	0.44mi	4/3.0	1,320 (-12%)	4mo	$140,000	$106	48
1402 4th Ave N	0.66mi	3/2.0 (-1)	1,588 (+6%)	4mo	$192,900	$121	47
32 11th Ave N	0.64mi	3/1.5 (-1)	1,372 (-9%)	6mo	$80,000	$58	44
1224 15th Ave N	0.70mi	3/1.0 (-1)	1,611 (+7%)	11mo	$139,999	$87	41
1202 14th Ave N	0.60mi	3/1.5 (-1)	1,351 (-10%)	12mo	$99,950	$74	38
32 10th Ave N	0.62mi	3/3.0 (-1)	1,690 (+12%)	13mo	$279,900	$166	27

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 · 4.91% rent growth · sell at horizon

5-year hold

• IRR: -2.6%
• Equity multiple: 0.90×
• Total profit: $-4,085
• Equity at exit: $21,605

10-year hold

• IRR: 9.4%
• Equity multiple: 1.80×
• Total profit: $32,536
• Equity at exit: $12,528

Cash invested: $40,572 (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 77590

• Home prices YoY: -19.3%
• Rents YoY: 4.9%
• Active inventory: 292
• Price-to-rent: 6.6×

Monthly cashflow live

• Estimated rent: $1,834 high
• Mortgage (P&I): −$760
• Tax from tax record: −$316 /mo · $3,796/yr
• Insurance: −$60
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $246

Break-even live

Break-even rent $1,523

Max offer price $144,900

Occupancy floor 82%

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: $36,225
• Closing costs: $4,347
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1137 1st Ave N Texas City, TX	5.0	2.0	1786	$1,775	$0.99	24d	1	0.58mi
813 Bay St N Texas City, TX	2.0–3.0	1.0–1.5	1010	$1,420	$1.41	1d	9	0.65mi
45 17th Ave N Texas City, TX	4.0	1.0	1168	$1,750	$1.50	1d	1	0.83mi
1919 13th Ave N Texas City, TX	1.0–3.0	1.0–2.0	950	$1,499	$1.58	1d	6	1.17mi
625 26th Ave N Texas City, TX	4.0	2.0	1782	$1,945	$1.09	43d	1	1.17mi

Listing history 34 events

1. 2026-06-18
   days on market $144,900 Active 121 DOM
2. 2026-06-17
   days on market $144,900 Active 120 DOM
3. 2026-06-16
   days on market $144,900 Active 119 DOM
4. 2026-06-15
   days on market $144,900 Active 118 DOM
5. 2026-06-13
   days on market $144,900 Active 116 DOM
6. 2026-06-09
   days on market $144,900 Active 112 DOM
7. 2026-06-08
   days on market $144,900 Active 111 DOM
8. 2026-06-07
   days on market $144,900 Active 110 DOM
9. 2026-06-04
   days on market $144,900 Active 107 DOM
10. 2026-06-03
    days on market $144,900 Active 106 DOM
11. 2026-06-02
    days on market $144,900 Active 105 DOM
12. 2026-06-01
    days on market $144,900 Active 104 DOM
13. 2026-05-31
    days on market $144,900 Active 103 DOM
14. 2026-04-24
    price $147,900 328-char remark

    Show marketing remark (328 chars)

    Check out this great 4 bedroom/ 2 full bath home! Vinyl plank flooring throughout whole house! NO CARPET!. Dream kitchen with granite counters, stainless appliances. Remodeled bathrooms. Faux fireplace, ceiling fans in all bedrooms. Extra storage and laundry room. Large lot, great location off 1764! Check out the Virtual Tour!

15. 2026-03-16
    price $151,900 328-char remark

    Show marketing remark (328 chars)

    Check out this great 4 bedroom/ 2 full bath home! Vinyl plank flooring throughout whole house! NO CARPET!. Dream kitchen with granite counters, stainless appliances. Remodeled bathrooms. Faux fireplace, ceiling fans in all bedrooms. Extra storage and laundry room. Large lot, great location off 1764! Check out the Virtual Tour!

16. 2026-02-17
    listed $162,000 Active 328-char remark

    Show marketing remark (328 chars)

    Check out this great 4 bedroom/ 2 full bath home! Vinyl plank flooring throughout whole house! NO CARPET!. Dream kitchen with granite counters, stainless appliances. Remodeled bathrooms. Faux fireplace, ceiling fans in all bedrooms. Extra storage and laundry room. Large lot, great location off 1764! Check out the Virtual Tour!

17. 2019-01-24
    soldstatus
18. 2018-06-07
    soldstatus
19. 2018-06-07
    soldstatus
20. 2018-05-29
    soldstatus Sold 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

21. 2018-05-04
    historical 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

22. 2018-01-22
    status Active 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

23. 2018-01-18
    historical 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

24. 2017-10-29
    price $79,900 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

25. 2017-09-20
    price $86,500 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

26. 2017-09-08
    price $87,000 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

27. 2017-07-18
    listed $89,900 Active 247-char remark

    Show marketing remark (247 chars)

    Great starter home with 4 bedrooms and 2 baths. New carpet and fresh paint, Seller removed paneling and replaced with new Sheetrock. Home setting on huge lot with alley access. Tenant occupied please don't disturb. I'll need 24 hour notice to show

28. 2016-07-28
    soldstatus
29. 2016-07-14
    status Pending
30. 2016-07-14
    historical
31. 2016-06-23
    listed $75,000 Active
32. 2010-06-16
    historical
33. 2009-12-16
    listed $22,000
34. 2009-10-20
    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: $3,796 · $316/mo
• Projected year-2 tax: $3,796 · $316/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 · 60% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°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 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,007
• − Mortgage interest: −$8,117
• − Property taxes: −$3,796
• − Insurance: −$1,522
• − Repairs & maintenance: −$1,761
• − Management: −$1,761
• − Depreciation: −$4,215
• Taxable income: $836
• Est. tax owed @ 24.0%: −$201
• After-tax cash flow: $2,748/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): 31,642
• Household income: $65,801
• Rent vs Own: 47.6% rent · 52.4% own
• Severe rent burden: 1821.0

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 0.66)
• Race & ethnicity: White 41% Hispanic / Latino 38% Two or more races 20% Black 17% Asian 2%
• Hispanic origin (detail): Mexican 33% Puerto Rican 1%
• Common ancestry: Lithuanian 2% Slovak 1% Italian 1%
• Foreign-born: 9% · Canada, Vietnam
• Languages at home: 72% English-only · Spanish 26% Other Indo-European 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: ▼ -58.35%
• Current HPI: 244.5809
• Rent YoY: ▲ 4.91%
• 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

+572.3% since first listed

21 events — show timeline

• 2026-04-24 Price Changed $147,900 HARMLS
• 2026-03-16 Price Changed $151,900 HARMLS
• 2026-02-17 Listed $162,000 HARMLS
• 2019-01-24 Sold (Public Records) — Public Records
• 2018-06-07 Sold (Public Records) — Public Records
• 2018-06-07 Sold (Public Records) — Public Records
• 2018-05-29 Sold (MLS) — HARMLS
• 2018-05-04 Listing Removed — HARMLS
• 2018-01-22 Relisted — HARMLS
• 2018-01-18 Listing Removed — HARMLS
• 2017-10-29 Price Changed $79,900 HARMLS
• 2017-09-20 Price Changed $86,500 HARMLS
• 2017-09-08 Price Changed $87,000 HARMLS
• 2017-07-18 Listed $89,900 HARMLS
• 2016-07-28 Sold (Public Records) — Public Records
• 2016-07-14 Pending — HARMLS
• 2016-07-14 Listing Removed — HARMLS
• 2016-06-23 Listed $75,000 HARMLS
• 2010-06-16 Listing Removed — HARMLS
• 2009-12-16 Listed $22,000 HARMLS
• 2009-10-20 Sold (Public Records) — Public Records

Property tax history

+8.9%/yr

Latest (2025): $3,796 · +21.7% YoY. Source: county tax records.