620 14th Ave N · Texas City, TX 77590

$105,000

3 bd · 1.0 ba · 2,158 sqft · SingleFamily public records · 243 Days on market

Built 1956 $49/sqft · 49% below area Est $205k · 49% 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• 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

The house is on a huge lot. The house has all new windows and doors. New exterior siding. All the electrical installed by lisenced electrician. All new water supply pex a and drain has be redone by lisenced plumber. Most of the hvan ventilation has been replaced. The house needs drywall, flooring paint cabinets ect. This house is a great opportunity to make some money. Estimated value after completion is $195,000 . If you are interested please give meca call.

Key facts

• New doors
• Electrical installed
• New water supply

Tags

• HUGE LOT
• NEW WINDOWS
• NEW DOORS
• NEW EXTERIOR SIDING
• ELECTRICAL INSTALLED
• NEW WATER SUPPLY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $105k.

Deal economics

• At list price, monthly cash flow is $461 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $105k).
• Recommended offer: $92k (12.0% below list) — sets the bar for market timing.
• Cap rate 12.3% 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; 2 comparable units currently listed for rent nearby; 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).
• This rent runs 35% 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 $726 of loan paydown is wiped out by about $3k 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 $29k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 243 days — a 12% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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 4.6% of price; flood insurance adds $66/mo; built in 1956 — 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→28/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $92,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 243 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 1956 — 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: 1.84% ✓
• Cap rate: 12.32%
• Cash-on-cash: 21.53%
• DSCR: 1.96
• GRM: 4.5

CMA / ARV

• ARV (median comp): $205,090
• List price: $105,000
• Delta: -48.80%
• 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
214 9th Ave N	0.51mi	3/1.5	2,252 (+4%)	2mo	$229,900	$102	65
217 10th Ave N	0.48mi	3/2.5	2,087 (-3%)	11mo	$240,000	$115	57
425 20th Ave N	0.40mi	4/2.0 (+1)	1,978 (-8%)	3mo	$279,999	$142	56
501 12th Ave N	0.22mi	3/3.5	2,414 (+12%)	5mo	$298,777	$124	56
828 23rd Ave N	0.52mi	3/2.5	2,308 (+7%)	5mo	$210,000	$91	54
924 22nd Ave N	0.49mi	3/2.0	1,987 (-8%)	12mo	$240,000	$121	50
629 18th Ave N	0.23mi	4/3.0 (+1)	1,875 (-13%)	5mo	$187,000	$100	50
109 22nd Ave N	0.70mi	3/2.0	2,218 (+3%)	12mo	$235,000	$106	49
125 21st Ave N	0.68mi	4/2.0 (+1)	2,137 (-1%)	13mo	$289,000	$135	47
1029 23rd Ave N	0.57mi	2/2.0 (-1)	1,944 (-10%)	10mo	$224,000	$115	40
18 12th Ave N	0.57mi	3/2.0	1,834 (-15%)	13mo	$199,800	$109	34
922 San Jacinto Ave	0.66mi	3/2.0	2,456 (+14%)	11mo	$230,000	$94	33

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: 13.5%
• Equity multiple: 1.56×
• Total profit: $16,357
• Equity at exit: $15,656

10-year hold

• IRR: 24.2%
• Equity multiple: 3.35×
• Total profit: $69,122
• Equity at exit: $9,078

Cash invested: $29,400 (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: 4.5×

Monthly cashflow live

• Estimated rent: $1,929 medium
• Mortgage (P&I): −$551
• Tax from tax record: −$402 /mo · $4,823/yr
• Insurance: −$44
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$405
• Net cashflow: $461

Break-even live

Break-even rent $1,345

Max offer price $105,000

Occupancy floor 71%

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: $26,250
• Closing costs: $3,150
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
625 26th Ave N Texas City, TX	4.0	2.0	1782	$1,945	$1.09	43d	1	0.75mi
1139 Mainland Dr Texas City, TX	3.0	2.0	2500	$2,100	$0.84	1d	1	0.80mi

Listing history 23 events

1. 2026-06-18
   days on market $105,000 Active 243 DOM
2. 2026-06-17
   days on market $105,000 Active 242 DOM
3. 2026-06-16
   days on market $105,000 Active 241 DOM
4. 2026-06-15
   days on market $105,000 Active 240 DOM
5. 2026-06-13
   days on market $105,000 Active 238 DOM
6. 2026-06-09
   days on market $105,000 Active 234 DOM
7. 2026-06-08
   days on market $105,000 Active 233 DOM
8. 2026-06-07
   days on market $105,000 Active 232 DOM
9. 2026-06-04
   days on market $105,000 Active 229 DOM
10. 2026-06-03
    days on market $105,000 Active 228 DOM
11. 2026-06-02
    days on market $105,000 Active 227 DOM
12. 2026-06-01
    days on market $105,000 Active 226 DOM
13. 2026-05-31
    days on market $105,000 Active 225 DOM
14. 2025-12-01
    soldstatus
15. 2025-10-16
    listed $105,000 Active 463-char remark

    Show marketing remark (463 chars)

    The house is on a huge lot. The house has all new windows and doors. New exterior siding. All the electrical installed by lisenced electrician. All new water supply pex a and drain has be redone by lisenced plumber. Most of the hvan ventilation has been replaced. The house needs drywall, flooring paint cabinets ect. This house is a great opportunity to make some money. Estimated value after completion is $195,000 . If you are interested please give meca call.

16. 2025-08-22
    soldstatus
17. 2025-07-25
    soldstatus Closed 153-char remark

    Show marketing remark (153 chars)

    4 bedroom, 2.5 bathroom home located in Texas City. Bare bones, ready for rehab! Priced to sell. Come check out the possibilities this home has to offer.

18. 2025-07-16
    status Pending 153-char remark

    Show marketing remark (153 chars)

    4 bedroom, 2.5 bathroom home located in Texas City. Bare bones, ready for rehab! Priced to sell. Come check out the possibilities this home has to offer.

19. 2025-07-15
    listed $10,000 Active 153-char remark

    Show marketing remark (153 chars)

    4 bedroom, 2.5 bathroom home located in Texas City. Bare bones, ready for rehab! Priced to sell. Come check out the possibilities this home has to offer.

20. 2022-11-18
    soldstatus
21. 2022-11-18
    soldstatus
22. 2022-11-18
    soldstatus
23. 2004-10-20
    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: $4,823 · $402/mo
• Projected year-2 tax: $4,823 · $402/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 · 77% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 28 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: $23,145
• − Mortgage interest: −$5,882
• − Property taxes: −$4,823
• − Insurance: −$1,322
• − Repairs & maintenance: −$1,852
• − Management: −$1,852
• − Depreciation: −$3,055
• Taxable income: $4,360
• Est. tax owed @ 24.0%: −$1,046
• After-tax cash flow: $4,485/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

+950.0% since first listed

10 events — show timeline

• 2025-12-01 Sold (Public Records) — Public Records
• 2025-10-16 Listed $105,000 Fizber.com
• 2025-08-22 Sold (Public Records) — Public Records
• 2025-07-25 Sold (MLS) — HARMLS
• 2025-07-16 Pending — HARMLS
• 2025-07-15 Listed $10,000 HARMLS
• 2022-11-18 Sold (Public Records) — Public Records
• 2022-11-18 Sold (Public Records) — Public Records
• 2022-11-18 Sold (Public Records) — Public Records
• 2004-10-20 Sold (Public Records) — Public Records

Property tax history

+9.3%/yr

Latest (2025): $4,823 · +17.6% YoY. Source: county tax records.