2 N Avenue C · Freeport, TX 77541

$99,950

3 bd · 1.0 ba · 1,128 sqft · SingleFamily public records · 893 Days on market

Built 1940 6,499 sqft lot $89/sqft · 32% below area Est $147k · 32% under ↓ 31% since listing

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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
• DSCR +10.0/10.0
• 1% rule +9.0/10.0
• Schools +3.7/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

Key facts

• 6,499 sq ft lot
• Built 1940
• Listed 893 days

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $309 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Recommended offer: $88k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.8% vs local median 3.8% in Freeport — 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 58/100 on livability (#1,205 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: crime D, schools F, amenities F.
• Brazosport ISD (suburban): math 43% / reading 41% proficiency, ranked #305 of 826 in TX (top 37%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 590 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 78% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,960 units permitted in Brazoria County in 2024 (593 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $692 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Brazoria County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 893 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 3y ago; this cycle's ask has dropped $45k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo; built in 1940 — 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $87,956 (12.0% below list)

Questions for the listing agent

1. It's been on market 893 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 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. 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: 1.40% ✓
• Cap rate: 10.80%
• Cash-on-cash: 16.08%
• DSCR: 1.72
• GRM: 5.9

CMA / ARV

• ARV (median comp): $146,708
• List price: $99,950
• Delta: -31.87%
• 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
105 N Avenue D	0.09mi	3/1.0	1,080 (-4%)	7mo	$98,000	$91	83
302 S Avenue F	0.32mi	2/1.0 (-1)	1,080 (-4%)	7mo	$73,500	$68	67
1130 W Broad St	0.54mi	2/1.0 (-1)	1,122 (-0%)	4mo	$147,500	$131	66
1314 W 4th St	0.59mi	3/2.0	1,096 (-3%)	10mo	$199,500	$182	55
612 N Avenue B	0.45mi	3/1.0	961 (-15%)	1mo	$132,500	$138	54
1306 W 6th St	0.73mi	3/1.0	1,117 (-1%)	18mo	$57,000	$51	49
712 N Avenue D	0.52mi	3/2.0	1,251 (+11%)	7mo	$250,000	$200	48
1318 W 5th St	0.66mi	2/1.0 (-1)	1,211 (+7%)	5mo	$82,500	$68	48
1114 W 6th St	0.75mi	3/1.0	1,180 (+5%)	12mo	$114,999	$97	47
806 W 4th St	0.74mi	3/1.5	1,032 (-8%)	9mo	$150,000	$145	42
1127 W 4th St	0.64mi	2/1.0 (-1)	976 (-14%)	3mo	$49,900	$51	40
1427 W 5th St	0.71mi	3/1.0	1,026 (-9%)	16mo	$109,000	$106	39

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: 3.3%
• Equity multiple: 1.13×
• Total profit: $3,543
• Equity at exit: $14,903

10-year hold

• IRR: 12.9%
• Equity multiple: 2.03×
• Total profit: $28,747
• Equity at exit: $8,642

Cash invested: $27,986 (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 77541

• Home prices YoY: -29.3%
• Active inventory: 590
• Price-to-rent: 5.9×

Monthly cashflow live

• Estimated rent: $1,402 high
• Mortgage (P&I): −$524
• Tax from tax record: −$167 /mo · $2,001/yr
• Insurance: −$42
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $309

Break-even live

Break-even rent $1,011

Max offer price $99,950

Occupancy floor 73%

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: $24,988
• Closing costs: $2,998
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
102 North Avenue C Unit C Freeport, TX	4.0	2.0	1500	$1,550	$1.03	43d	1	0.09mi
102 North Avenue A Unit A Freeport, TX	2.0	1.0	936	$995	$1.06	43d	1	0.12mi
310 Yaupon St Unit ST402 Freeport, TX	3.0	1.0	1050	$1,150	$1.10	43d	1	0.65mi
310 Yaupon St Unit ST604 Freeport, TX	2.0	1.0	850	$850	$1.00	43d	1	0.65mi
1721 W 5th St Freeport, TX	2.0	1.0	752	$749	$1.00	17d	1	0.76mi
905 N Avenue J Freeport, TX	3.0	2.0	1161	$871	$0.75	43d	1	0.79mi
1702 Skinner St Freeport, TX	1.0–2.0	1.0–2.0	860	$800	$0.93	2d	1	1.03mi
527 W 8th St Freeport, TX	3.0	1.0	950	$995	$1.05	43d	1	1.08mi
1410 North Avenue R Unit R Freeport, TX	3.0	2.0	1395	$1,277	$0.92	43d	1	1.43mi

Listing history 25 events

1. 2026-06-18
   days on market $99,950 Active 893 DOM
2. 2026-06-17
   days on market $99,950 Active 892 DOM
3. 2026-06-16
   days on market $99,950 Active 891 DOM
4. 2026-06-15
   days on market $99,950 Active 890 DOM
5. 2026-06-13
   days on market $99,950 Active 888 DOM
6. 2026-06-09
   days on market $99,950 Active 884 DOM
7. 2026-06-08
   days on market $99,950 Active 883 DOM
8. 2026-06-07
   days on market $99,950 Active 882 DOM
9. 2026-06-04
   days on market $99,950 Active 879 DOM
10. 2026-06-03
    days on market $99,950 Active 878 DOM
11. 2026-06-02
    days on market $99,950 Active 877 DOM
12. 2026-06-01
    days on market $99,950 Active 876 DOM
13. 2026-05-31
    days on market $99,950 Active 875 DOM
14. 2026-04-03
    price $99,950 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

15. 2025-08-05
    price $102,500 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

16. 2025-05-30
    price $105,000 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

17. 2025-02-17
    price $112,000 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

18. 2024-09-15
    price $107,000 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

19. 2024-07-30
    price $117,000 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

20. 2024-04-18
    status Active 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

21. 2024-04-17
    price $139,000 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

22. 2024-04-17
    status Active 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

23. 2024-04-17
    historical 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

24. 2023-11-29
    historical 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

25. 2023-08-19
    listed $145,000 Active 577-char remark

    Show marketing remark (577 chars)

    Charming 3 bedroom, 2 bath home in a peaceful neighborhood with endless potential. Ideal for investors looking to create their own "Home sweet home" with existing features. Conveniently situated near shopping, dining, schools, and parks. Brazos River and Surfside Beach just minutes away. No flood zone worries. Freshly painted, fixed foundation, and includes refrigerator and electric stove. Buyer to purchase survey. Room measurements approximate.This Single-Family property offers 1128 sq.ft of living space on a 6499 sqft lot. Don't miss out on this opportunity!

ⓘ 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: $2,001 · $167/mo
• Projected year-2 tax: $2,001 · $167/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 (unshaded) · 75% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥113°F today · 26 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

Taxation est. · year 1

• Rental income: $16,824
• − Mortgage interest: −$5,599
• − Property taxes: −$2,001
• − Insurance: −$1,297
• − Repairs & maintenance: −$1,346
• − Management: −$1,346
• − Depreciation: −$2,908
• Taxable income: $2,327
• Est. tax owed @ 24.0%: −$559
• After-tax cash flow: $3,144/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: Brazosport ISD
• NCES district ID: 4811190
• Math proficiency: 43% ▼ -6.00%
• Reading proficiency: 41% ▼ -2.00%
• Median HH income: $57,024
• Composite: 36.84/100
• National rank: #4557
• State rank: #305 of 826 in TX

Livability — Freeport

• Score: 58/100
• State rank: #1205
• US rank: #21044

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Freeport, TX
• County: Brazoria County · 374,982 people
• City population: 16,996
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 16,996
• Household income: $66,507
• Rent vs Own: 30.8% rent · 69.2% own
• Severe rent burden: 354.0

Population outlook (Brazoria County) Hauer SSP2

• Today (2025): 420,414 people
• By 2030: 457,585 · +8.8%
• By 2040: 532,232 · +26.6%
• By 2050: 605,399 · +44.0%
• By 2075: 779,358 · +85.4%
• By 2100: 883,759 · +110.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: Hispanic / Latino 47% White 38% Two or more races 23% Black 12%
• Hispanic origin (detail): Mexican 42%
• Common ancestry: Romanian 1% Italian 1% Lithuanian 1%
• Foreign-born: 12% · Canada
• Languages at home: 71% English-only · Spanish 29%

Political lean MEDSL · Brazoria

• 2024 margin: R (+19.7) · D 39.5% · R 59.2% · Other 1.3%
• 2008→2024 swing: +9.9pp toward D · 2008: -29.6pp · 2024: -19.7pp
• All cycles: 2024: R+19.7 2020: R+18.2 2016: R+24.6 2012: R+34.2 2008: R+29.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -110.12%
• Current HPI: 265.9301
• Rent YoY: —
• 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

-31.1% since first listed

12 events — show timeline

• 2026-04-03 Price Changed $99,950 HARMLS
• 2025-08-05 Price Changed $102,500 HARMLS
• 2025-05-30 Price Changed $105,000 HARMLS
• 2025-02-17 Price Changed $112,000 HARMLS
• 2024-09-15 Price Changed $107,000 HARMLS
• 2024-07-30 Price Changed $117,000 HARMLS
• 2024-04-18 Relisted — HARMLS
• 2024-04-17 Price Changed $139,000 HARMLS
• 2024-04-17 Relisted — HARMLS
• 2024-04-17 Listing Removed — HARMLS
• 2023-11-29 Listing Removed — HARMLS
• 2023-08-19 Listed $145,000 HARMLS

Property tax history

+6.9%/yr

Latest (2025): $2,001 · -5.6% YoY. Source: county tax records.