106 Mojave Ln · La Marque, TX 77568

$248,999

3 bd · 2.5 ba · 1,719 sqft · SingleFamily public records · 1 Days on market

Built 2015 5,488 sqft lot Est $268k · 7% under

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Why this score? — see what drove the D 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 +12.8/30.0
• ARV discount +10.7/15.0
• 1% rule +4.3/10.0
• DSCR +3.8/10.0
• Rent growth +3.5/5.0
• Schools +3.5/10.0
• Livability +3.0/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Single-family home located in La Marque featuring 3 bedrooms, 2 full baths, 1 half bath, and approximately 1,719 sq. ft. of living space. The home offers a functional two-story layout with an attached garage, fenced backyard, and a manageable lot size of approximately 5,488 sq. ft. Located in a community-friendly neighborhood with nearby dog walking park access and convenient access to I-45, shopping, dining, and area amenities. Home also features a Rheem A/C unit. Buyer to independently verify room dimensions, square footage, schools, taxes, HOA, and all property information.

Key facts

• 5,488 sq ft lot
• 2 garage spots
• Built 2015

Property features AI

Finance

• HOA & community: Community managed by Inframark Community Management

Exterior

• Parking: Attached garage (2 spaces)
• Security: Prewired security
• Utilities: Public water; Public sewer
• Home design: Residential property; Faces north; Single-story entry (first-floor living implied)
• Construction: Built in 2015; Brick construction; Slab foundation
• Exterior features: Deck; Patio; Porch; Fully fenced yard with backyard fencing; Private yard; Sprinkler/irrigation; Paved driveway; Backs to greenbelt/park; Subdivision setting

Interior

• Kitchen: Double oven; Electric cooktop; Electric oven; Electric range; Disposal; Microwave; Refrigerator; Granite counters; Breakfast bar
• Bedrooms: Primary bedroom on the first floor (16 x 12); Bedroom on the first floor (12 x 11); Bedroom on the first floor (11 x 11)
• Flooring: Carpet; Tile
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Central heating (electric); Central air conditioning; Gas-powered cooling
• Interior features: Breakfast bar; Granite counters; High ceilings; Vaulted ceiling(s); Separate shower; Stove fireplace (1)
• Laundry & utility: Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $249k.

Deal economics

• At list price, monthly cash flow is $-25 ($-298/yr) — negative.
• To cash-flow at today's rent, offer at most $245k (1.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (7.5% below list).
• Recommended offer: $230k (7.5% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#1,136 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, amenities F.
• Santa Fe ISD (suburban): math 38% / reading 39% proficiency, ranked #385 of 826 in TX (top 47%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: William F Barnett El (math 59% / reading 46%, grade C-, #720 of 4,322 statewide, top 17%, 646 students, 59% FRL); Santa Fe J H (math 34% / reading 37%, grade F, #827 of 1,662 statewide, top 51%, 1,009 students, 52% FRL); Santa Fe H S (math 19% / reading 34%, grade F, #1,228 of 1,632 statewide, top 76%, 1,369 students, 47% FRL) — zoned schools average 53% FRL vs 35% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+4.0%/yr); 661 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 7d 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 37% of the median local income ($75k/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 $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 10y 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

• Climate carrying-cost: 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 $230,363 (7.5% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. 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.
7. 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.
8. 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: 0.93% ✗
• Cap rate: 6.17%
• Cash-on-cash: -0.43%
• DSCR: 0.98
• GRM: 9.0

CMA / ARV

• ARV (on-the-fly): $268,164
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
109 Indigo Brush Dr	0.02mi	3/2.5	1,719 (0%)	4mo	$235,000	$137	96
12609 Pirate Bend Dr	0.31mi	3/2.0	1,720 (+0%)	5mo	$265,000	$154	79
2317 Nautica Terrace Dr	0.41mi	3/2.0	1,666 (-3%)	1mo	$242,500	$146	73
2315 Oyster Bay Ave	0.42mi	3/2.5	1,615 (-6%)	3mo	$250,000	$155	68
6 Prairie Oaks Dr	0.32mi	3/2.0	1,860 (+8%)	4mo	$295,000	$159	66
2210 Mirror Ridge Ct	0.29mi	4/2.0 (+1)	1,831 (+6%)	5mo	$299,990	$164	64
211 Hawks View Dr	0.29mi	4/2.0 (+1)	1,875 (+9%)	1mo	$267,500	$143	64
12801 Pirate Bend Dr	0.29mi	3/2.0	1,535 (-11%)	4mo	$264,000	$172	64
2322 Nautica Terrace Dr	0.43mi	3/2.0	1,575 (-8%)	1mo	$250,000	$159	63
2215 Manta Way	0.43mi	3/2.0	1,575 (-8%)	1mo	$245,000	$156	63
13137 Leisure Cove Dr	0.59mi	4/2.5 (+1)	1,785 (+4%)	2mo	$309,900	$174	60
225 Splintered Arrow Dr	0.21mi	4/2.0 (+1)	1,967 (+14%)	3mo	$270,000	$137	57

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 · 3.95% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.43×
• Total profit: $-39,597
• Equity at exit: $37,127

10-year hold

• IRR: -5.7%
• Equity multiple: 0.62×
• Total profit: $-26,767
• Equity at exit: $21,529

Cash invested: $69,720 (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 77568

• Home prices YoY: -22.7%
• Rents YoY: 4.0%
• Active inventory: 661
• Price-to-rent: 9.0×

Monthly cashflow live

• Estimated rent: $2,304 high
• Mortgage (P&I): −$1,306
• Tax from tax record: −$435 /mo · $5,222/yr
• Insurance: −$104
• HOA: −$0
• Vacancy / Maint / Mgmt: −$484
• Net cashflow: $-25

Break-even live

Break-even rent $2,335

Max offer price $244,612

Occupancy floor 96%

Sensitivity live

Price	-10% $116	-5% $46	+0% $-25	+5% $-95	+10% $-166
Rent	-10% $-207	-5% $-116	+0% $-25	+5% $66	+10% $157
Rate	-1.0pp $101	-0.5pp $38	base $-25	+0.5pp $-89	+1.0pp $-155

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: $62,250
• Closing costs: $7,470
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
640 Totem Trail Dr La Marque, TX	4.0	2.5	2134	$2,309	$1.08	13d	1	0.22mi
114 Mustang Stampede Dr La Marque, TX	3.0	2.0	1752	$2,050	$1.17	3d	1	0.34mi
12524 Jetty Cv Santa Fe, TX	3.0	2.0	1803	$2,506	$1.39	23d	1	0.50mi
2301 Starboard Sail Alta Loma, TX	4.0	2.0	1856	$2,181	$1.18	13d	1	0.54mi
2437 Regatta Ln La Marque, TX	4.0	2.0	1844	$2,079	$1.13	7d	1	0.58mi
3301 Gulf Fwy La Marque, TX	1.0–3.0	1.0–2.0	991	$2,430	$2.45	0d	21	0.98mi
3210 Gulf Fwy Texas City, TX	1.0–2.0	1.0–2.0	872	$1,780	$2.04	0d	12	1.14mi

Listing history 2 events

1. 2026-06-21
   remarks 583-char remark
2. 2026-06-21
   listed $248,999 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: $5,222 · $435/mo
• Projected year-2 tax: $5,222 · $435/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 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 28 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 · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,644
• − Mortgage interest: −$13,948
• − Property taxes: −$5,222
• − Insurance: −$1,245
• − Repairs & maintenance: −$2,211
• − Management: −$2,211
• − Depreciation: −$7,244
• Taxable loss: −$4,438
• Est. tax savings @ 24.0%: +$1,065
• After-tax cash flow: $767/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: Santa Fe ISD
• NCES district ID: 4839270
• Math proficiency: 38% ▼ -10.00%
• Reading proficiency: 39% ▼ -2.00%
• Median HH income: $66,769
• Composite: 34.86/100
• National rank: #5091
• State rank: #385 of 826 in TX

Livability — La Marque

• Score: 59/100
• State rank: #1136
• US rank: #20037

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: La Marque, TX
• County: Galveston County · 357,330 people
• City population: 23,083
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 23,083
• Household income: $74,694
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 700.0

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: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 37% Hispanic / Latino 29% Black 26% Two or more races 17% Asian 3%
• Hispanic origin (detail): Mexican 22% Puerto Rican 1%
• Common ancestry: Lithuanian 1% Italian 1% Serbian 1%
• Foreign-born: 8% · Canada
• Languages at home: 77% English-only · Spanish 21% Tagalog/Filipino 1% Other Asian/Pacific 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: ▼ -69.39%
• Current HPI: 236.0239
• Rent YoY: ▲ 3.95%
• 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

+36.9% since first listed

24 events — show timeline

• 2026-06-20 Listed $248,999 HARMLS
• 2025-05-15 Listing Removed — HARMLS
• 2025-04-02 Listed $248,500 HARMLS
• 2025-03-31 Listing Removed — HARMLS
• 2025-03-01 Price Changed $249,800 HARMLS
• 2025-02-15 Listed $252,000 HARMLS
• 2023-08-03 Sold (Public Records) — Public Records
• 2023-07-14 Sold (MLS) — HARMLS
• 2023-06-12 Pending — HARMLS
• 2023-06-01 Pending — HARMLS
• 2023-05-19 Price Changed $249,000 HARMLS
• 2023-05-01 Listed $254,800 HARMLS
• 2019-03-19 Sold (Public Records) — Public Records
• 2019-03-15 Sold (MLS) — HARMLS
• 2019-02-07 Pending — HARMLS
• 2019-02-01 Pending — HARMLS
• 2018-11-30 Listed $165,000 HARMLS
• 2016-06-21 Sold (MLS) — HARMLS
• 2016-05-27 Pending — HARMLS
• 2016-04-29 Price Changed $181,900 HARMLS
• 2016-04-29 Relisted — HARMLS
• 2016-03-24 Pending — HARMLS
• 2016-02-26 Price Changed $179,900 HARMLS
• 2016-02-18 Listed $181,900 HARMLS

Property tax history

+1.8%/yr

Latest (2025): $5,222 · -3.2% YoY. Source: county tax records.