2315 Butler Dr · Orange, TX
Flood risk 6/10 · Moderate
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.58%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 9/10 · Severe
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 9/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
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 +22.6/30.0
- ARV discount +7.5/15.0
- DSCR +7.2/10.0
- 1% rule +6.8/10.0
- Appreciation +5.5/10.0
- Rent growth +3.9/5.0
- Livability +3.6/5.0
- Condition / age +2.5/5.0
- Schools +1.6/10.0
$85,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this 2-bedroom, 1-bath home that offers a practical layout and potential for a variety of uses. Conveniently located near schools, parks, shopping, and other local amenities, this home is a great opportunity. Schedule your showing today!
Key facts
- 7,841 sq ft lot
- Garage
- Listed 9 days
Property features AI
Exterior
- Parking: Attached 1-car garage
- Utilities: Public water; Public sewer
- Home design: Single-family residence; Residential property
- Construction: Vinyl siding; Composition roof; Slab foundation; Built on lot approximately 64 x 120 (0.18 acres)
- Exterior features: Covered patio; Patio; Chain link fencing
Interior
- Kitchen: Range
- Flooring: Laminate
- Bathrooms: 1 full bathroom
- Heating & cooling: Ceiling fans; Window air conditioning units
- Interior features: Laminate flooring; Range
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $85k.
Deal economics
- At list price, monthly cash flow is $145 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $85k).
- Cap rate 8.3% vs local median 3.9% in Orange — 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 71/100 on livability (#286 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D+, employment D+, schools D-.
- West Orange-Cove CISD (suburban): math 17% / reading 21% proficiency, ranked #784 of 826 in TX (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 79% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+5.7%/yr); 337 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).
Forward outlook
- In year one you build about $1k of equity ($588 loan paydown + $858 appreciation (1.0% local appreciation)).
- Orange County population projected at +6% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (1.0% appreciation + 5.7% rent growth), your $24k cash investment doubles in ~6 years — after that, you're playing with house money.
Negotiation context
- Only 9 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts since 3y 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: built in 1953 — 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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1953 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.18% ✓
- Cap rate
- 8.34%
- Cash-on-cash
- 7.30%
- DSCR
- 1.32
- GRM
- 7.1
CMA / ARV
No comps found within radius.
Projected returns pro-forma
1.01% appreciation · 5.71% rent growth · sell at horizon
- IRR
- 11.1%
- Equity multiple
- 1.58×
- Total profit
- $13,716
- Equity at exit
- $29,061
- IRR
- 16.7%
- Equity multiple
- 3.19×
- Total profit
- $52,223
- Equity at exit
- $38,654
Cash invested: $23,800 (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
ZIP-level market 77630
- Home prices YoY
- 0.4%
- Rents YoY
- 5.7%
- Active inventory
- 337
- Price-to-rent
- 7.1×
Monthly cashflow live
- Estimated rent
- $1,002 high interval (Pro) →
- Mortgage (P&I)
- −$446
- Tax from tax record
- −$166 /mo · $1,989/yr
- Insurance
- −$35
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$210
- Net cashflow
- $145
Break-even live
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
- $21,250
- Closing costs
- $2,550
- 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 13 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2511 N 8th St Unit Left Orange, TX | 2.0 | 1.0 | 750 | $900 | $1.20 | 13d | 1 | 0.11mi |
| 2309 7th St Orange, TX | 3.0 | 1.0 | 1036 | $995 | $0.96 | 13d | 1 | 0.14mi |
| 2318 Pacific St Orange, TX | 2.0 | 1.0 | 800 | $800 | $1.00 | 13d | 1 | 0.33mi |
| 1500 Link Ave Orange, TX | 1.0–2.0 | 1.0–1.5 | 1082 | $1,050 | $0.97 | 13d | 1 | 0.67mi |
| 206 W Dewey Ave Orange, TX | 2.0 | 1.0 | 800 | $777 | $0.97 | 43d | 1 | 0.76mi |
| 310 S Farragut Ave Orange, TX | 2.0 | 1.0 | 725 | $1,150 | $1.59 | 43d | 1 | 0.84mi |
| 1885 E Farragut Ave Orange, TX | 1.0–3.0 | 1.0–2.5 | 1023 | $924 | $0.90 | 13d | 9 | 0.85mi |
| 1214 3rd St Orange, TX | 2.0 | 1.0 | 675 | $895 | $1.33 | 20d | 1 | 1.02mi |
| 1010 N 16th St Orange, TX | 3.0 | 1.5 | 1100 | $1,500 | $1.36 | 43d | 1 | 1.19mi |
| 2801 W Sunset Dr Orange, TX | 1.0–3.0 | 1.0–2.0 | 1113 | $1,088 | $0.98 | 13d | 27 | 1.27mi |
| 1604 W Cherry Ave Orange, TX | 1.0 | 1.0 | 850 | $1,240 | $1.46 | 43d | 1 | 1.28mi |
| 605 N 4th St Unit A Orange, TX | 2.0 | 1.0 | 860 | $900 | $1.05 | 13d | 1 | 1.46mi |
| 605 4th St Orange, TX | 3.0 | 1.0 | 800 | $800 | $1.00 | 13d | 1 | 1.46mi |
Listing history 8 events
-
2026-06-18days on market $85,000 Active 9 DOM
-
2026-06-17days on market $85,000 Active 8 DOM
-
2026-06-16days on market $85,000 Active 7 DOM
-
2026-06-15days on market $85,000 Active 6 DOM
-
2026-06-14days on market $85,000 Active 4 DOM
-
2026-06-13days on market $85,000 Active 3 DOM
-
2026-06-10remarks 248-char remark
-
2026-06-10$85,000 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
- $1,989 · $166/mo
- Projected year-2 tax
- $1,989 · $166/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 6/10 Major FEMA zone X (shaded) · 58% chance over 30 yrs
- Wildfire 2/10 Low
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 24 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 · 3 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
- $12,027
- − Mortgage interest
- −$4,761
- − Property taxes
- −$1,989
- − Insurance
- −$425
- − Repairs & maintenance
- −$962
- − Management
- −$962
- − Depreciation
- −$2,473
- Taxable income
- $455
- Est. tax owed @ 24.0%
- −$109
- After-tax cash flow
- $1,629/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
- West Orange-Cove CISD
- NCES district ID
- 4845090
- Math proficiency
- 17% ▼ -7.00%
- Reading proficiency
- 21% ▼ -2.00%
- Median HH income
- $37,329
- Composite
- 15.86/100
- National rank
- #9260
- State rank
- #784 of 826 in TX
Livability — Orange
- Score
- 71/100
- State rank
- #286
- US rank
- #6456
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Orange, TX
- County
- Orange County · 87,112 people
- City population
- 22,976
- Metro
- Beaumont-Port Arthur, TX
- Population (ZIP)
- 28,983
- Household income
- $64,373
- Rent vs Own
- Severe rent burden
- 1018.0
Population outlook (Orange County) Hauer SSP2
- Today (2025)
- 88,065 people
- By 2030
- 89,591 · +1.7%
- By 2040
- 91,982 · +4.4%
- By 2050
- 93,023 · +5.6%
- By 2075
- 94,871 · +7.7%
- By 2100
- 88,155 · +0.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (64%)
- Race & ethnicity
- White 64% Black 21% Hispanic / Latino 11% Two or more races 9%
- Hispanic origin (detail)
- Mexican 7%
- Common ancestry
- Lithuanian 13% Italian 1% Slovak 1%
- Foreign-born
- 5% · Canada
- Languages at home
- 91% English-only · Spanish 7% French/Haitian/Cajun 1% Other Asian/Pacific 1%
Political lean MEDSL · Orange
- 2024 margin
- Solid R (+66.8) · D 16.4% · R 83.1%
- 2008→2024 swing
- -19.6pp toward R · 2008: -47.1pp · 2024: -66.8pp
- All cycles
- 2024: R+66.8 2020: R+63.4 2016: R+61.9 2012: R+54.3 2008: R+47.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 1.01%
- Current HPI
- 264.14
- Rent YoY
- ▲ 5.71%
- Metro
- Beaumont-Port Arthur, 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 |
|
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| Technology | 5 | $198B |
|
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
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| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
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Price history
+0.0% since first listed10 events — show timeline
- 2026-06-09 Listed $85,000 BBOR
- 2024-03-29 Rental Removed — BUILDIUM
- 2024-01-20 Delisted — BBOR
- 2024-01-09 Listed for Rent — BUILDIUM
- 2023-11-02 Price Changed $75,000 BBOR
- 2023-09-20 Listed $85,000 BBOR
- 2021-08-30 Sold (Public Records) — Public Records
- 2019-11-12 Sold (Public Records) — Public Records
- 2019-11-12 Sold (Public Records) — Public Records
- 2019-04-02 Sold (Public Records) — Public Records
Property tax history
+4.4%/yrLatest (2025): $1,989 · +5.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…