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2115 Bonnie St
A- Composite 81.52
Why this score? — see what drove the A- 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
  • Appreciation +5.5/10.0
  • Rent growth +3.9/5.0
  • Livability +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.6/10.0

$74,500

2115 Bonnie St · West Orange, TX 77630
2 bd · 1.0 ba · 864 sqft · SingleFamily public records · 10 Days on market
Built 1918 4,791 sqft lot $86/sqft · 15% below area Est $102k · 27% under ↓ 35% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

2-Bedroom, 1-Bath home with approximately 1,000 Sq ft of living space. Features include a spacious kitchen with stainless appliances, an indoor utility area, 12x50 covered carport, 15x20 storage shed with HVAC, and fenced backyard. Recent updates have been completed including all new windows and AC units. Convenient location close to local amenities. Property is being sold "AS IS".

Key facts

  • Indoor utility area
  • Covered carport
  • Spacious kitchen

Tags

SPACIOUS KITCHENSTAINLESS APPLIANCESINDOOR UTILITY AREACOVERED CARPORTSTORAGE SHED WITH HVACFENCED BACKYARD

Property features AI

Finance

  • Other: Seller disclosure available

Exterior

  • Parking: Attached carport; Carport with 2 spaces
  • Utilities: Public water; Public sewer
  • Home design: Residential property; Built in 1918; Pillar/post/pier foundation
  • Construction: Wood siding; Metal roof
  • Exterior features: Fenced yard (back yard); Paved driveway; Shed(s)

Interior

  • Kitchen: Free-standing range; Microwave
  • Bedrooms: Primary bedroom on the first floor (approx. 12x12); Additional bedroom on the first floor (approx. 10x10)
  • Flooring: Carpet; Laminate
  • Bathrooms: 1 full bathroom
  • Interior features: Ceiling fans
  • Laundry & utility: Washer; Dryer; Storage space

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $74k.

Deal economics

  • At list price, monthly cash flow is $344 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $74k).

Location & tenants

  • Location reads 60/100 on livability (#1,075 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A, health & safety A; Watch: crime C-, amenities F, commute F.
  • 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.
  • Zoned schools: West Orange-Stark El (math 14% / reading 17%, grade F, #3,990 of 4,322 statewide, top 93%, 1,130 students, 94% FRL); West Orange-Stark Middle (math 20% / reading 20%, grade F, #1,428 of 1,662 statewide, top 87%, 505 students, 92% FRL); West Orange-Stark H S (math 19% / reading 31%, grade F, #1,250 of 1,632 statewide, top 77%, 660 students, 88% FRL).
  • Market conditions: Rents rising fast (+5.7%/yr); 339 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).

Forward outlook

  • In year one you build about $1k of equity ($515 loan paydown + $752 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 $21k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 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: flood insurance adds $66/mo; built in 1918 — 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.
Recommended offer $74,500

Questions for the listing agent

  1. Built in 1918 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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.
  6. 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.
  7. 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
1.57%
Cap rate
12.90%
Cash-on-cash
23.60%
DSCR
2.05
GRM
5.3

CMA / ARV

ARV (median comp)
$101,757
List price
$74,500
Delta
-26.39%
Verdict
UNDERPRICED
Comps
12 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
205 Gloria St 0.35mi 2/1.0 840 (-3%) 19mo $34,900 $42 64

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.01% appreciation · 5.71% rent growth · sell at horizon

5-year hold
IRR
24.3%
Equity multiple
2.28×
Total profit
$26,649
Equity at exit
$25,472
10-year hold
IRR
28.9%
Equity multiple
4.83×
Total profit
$79,844
Equity at exit
$33,879

Cash invested: $20,860 (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.

ZIP-level market 77630

Home prices YoY
0.4%
Rents YoY
5.7%
Active inventory
339
Price-to-rent
5.3×

Monthly cashflow live

Estimated rent
$1,167 high interval (Pro) →
Mortgage (P&I)
$391
Tax from tax record
$90 /mo · $1,082/yr
Insurance
$31
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$245
Net cashflow
$344

Break-even live

Break-even rent $732
Max offer price $74,500
Occupancy floor 66%

Sensitivity live

Price -10% $386 -5% $365 +0% $344 +5% $323 +10% $302
Rent -10% $252 -5% $298 +0% $344 +5% $390 +10% $436
Rate -1.0pp $381 -0.5pp $363 base $344 +0.5pp $324 +1.0pp $305

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
$18,625
Closing costs
$2,235
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 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
210 Florence St Orange, TX 3.0 1.0 1064 $1,425 $1.34 45d 1 0.23mi
1604 W Cherry Ave Orange, TX 1.0 1.0 850 $1,240 $1.46 45d 1 0.73mi
3000 MacArthur Dr Orange, TX 3.0 1.0–2.0 791 $1,142 $1.44 14d 12 0.74mi
1010 N 16th St Orange, TX 3.0 1.5 1100 $1,500 $1.36 45d 1 0.79mi
309 Quincy St West Orange, TX 3.0 1.5 1113 $1,200 $1.08 15d 1 0.97mi
310 Camellia Ave Orange, TX 3.0 1.0 988 $1,295 $1.31 22d 1 1.07mi
3333 Ridgemont Dr Unit 505 Orange, TX 1.0 1.0 725 $988 $1.36 15d 1 1.20mi
3333 Ridgemont Dr Unit 504 Orange, TX 1.0 1.0 725 $963 $1.33 15d 1 1.20mi
3333 Ridgemont Dr Unit 512 Orange, TX 1.0 1.0 725 $1,063 $1.47 15d 1 1.20mi
3333 Ridgemont Dr Unit 203 Orange, TX 2.0 1.0 1000 $1,084 $1.08 15d 1 1.20mi
3333 Ridgemont Dr Unit 310 Orange, TX 1.0 1.0 726 $938 $1.29 15d 1 1.20mi
3333 Ridgemont Dr Unit 506 Orange, TX 1.0 1.0 725 $963 $1.33 45d 1 1.24mi
3333 Ridgemont Dr Unit 302 Orange, TX 1.0 1.0 726 $938 $1.29 45d 1 1.24mi
3333 Ridgemont Dr Apt 105 Orange, TX 2.0 1.0 952 $1,255 $1.32 22d 1 1.24mi
3333 Ridgemont Dr Unit 403 Orange, TX 1.0 1.0 825 $988 $1.20 45d 1 1.24mi
3333 Ridgemont Dr Unit 107 Orange, TX 2.0 1.0 952 $1,255 $1.32 45d 1 1.24mi
3333 Ridgemont Dr Unit 404 Orange, TX 2.0 1.0 1000 $1,254 $1.25 45d 1 1.24mi
3333 Ridgemont Dr Unit 006 Orange, TX 1.0 1.0 725 $1,063 $1.47 45d 1 1.24mi
3333 Ridgemont Dr Unit 007 Orange, TX 1.0 1.0 725 $1,088 $1.50 45d 1 1.24mi
3333 Ridgemont Dr Unit 408 Orange, TX 2.0 1.0 1000 $1,059 $1.06 45d 1 1.24mi
605 4th St Orange, TX 3.0 1.0 800 $800 $1.00 14d 1 1.28mi
605 N 4th St Unit A Orange, TX 2.0 1.0 860 $900 $1.05 14d 1 1.28mi
1500 Link Ave Orange, TX 1.0–2.0 1.0–1.5 1082 $1,050 $0.97 14d 1 1.31mi
3726 Bowling Ln Orange, TX 3.0 1.0 1045 $1,150 $1.10 45d 1 1.36mi

Listing history 31 events

  1. 2026-06-21
    days on market $74,500 Active 10 DOM
  2. 2026-06-18
    days on market $74,500 Active 7 DOM
  3. 2026-06-17
    days on market $74,500 Active 6 DOM
  4. 2026-06-16
    days on market $74,500 Active 5 DOM
  5. 2026-06-15
    days on market $74,500 Active 4 DOM
  6. 2026-06-14
    days on market $74,500 Active 2 DOM
  7. 2026-06-13
    pricedays on marketlisting id $74,500 Active 1 DOM
  8. 2026-05-02
    status Active 423-char remark
  9. 2026-05-02
    price $74,900 423-char remark
  10. 2026-05-02
    status Active 423-char remark
  11. 2026-04-28
    status Pending 423-char remark
  12. 2026-04-28
    status Pending 423-char remark
  13. 2026-04-16
    price $74,900 423-char remark
  14. 2026-04-09
    price $79,900 423-char remark
  15. 2026-04-09
    price $79,900 423-char remark
  16. 2026-04-02
    price $84,900 423-char remark
  17. 2026-04-02
    price $84,900 423-char remark
  18. 2026-03-27
    price $89,900 423-char remark
  19. 2026-03-27
    price $89,900 423-char remark
  20. 2026-03-19
    price $94,900 423-char remark
  21. 2026-03-19
    price $94,900 423-char remark
  22. 2026-03-12
    price $99,900 423-char remark
  23. 2026-03-12
    price $99,900 423-char remark
  24. 2026-03-05
    price $104,900 423-char remark
  25. 2026-03-05
    price $104,900 423-char remark
  26. 2026-02-25
    listed $114,900 Active 423-char remark
  27. 2026-02-25
    listed $114,900 Active 423-char remark
  28. 2022-02-02
    soldstatus
  29. 2012-08-20
    soldstatus
  30. 2007-09-20
    soldstatus
  31. 2007-09-20
    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
$1,082 · $90/mo
Projected year-2 tax
$1,363 · $114/mo
Expected delta
+$281/yr (+$23/mo · 26.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 74% 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 2/10 Low 1 unhealthy d/yr today · 1 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
$14,007
− Mortgage interest
−$4,173
− Property taxes
−$1,082
− Insurance
−$1,170
− Repairs & maintenance
−$1,121
− Management
−$1,121
− Depreciation
−$2,167
Taxable income
$3,173
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$762
After-tax cash flow
$3,364/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 — West Orange

Score
60/100
State rank
#1075
US rank
#19069

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Orange, TX
County
Orange County · 87,112 people
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
28,983
Household income
$64,373
Rent vs Own
32.2% rent · 67.8% 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

Price history

-35.2% since first listed
24 events — show timeline
  • 2026-06-11 Listed $74,500 HARMLS
  • 2026-06-11 Listed $74,500 BBOR
  • 2026-05-26 Listing Removed HARMLS
  • 2026-05-02 Price Changed $74,900 BBOR
  • 2026-05-02 Relisted HARMLS
  • 2026-04-28 Pending HARMLS
  • 2026-04-16 Price Changed $74,900 HARMLS
  • 2026-04-09 Price Changed $79,900 BBOR
  • 2026-04-09 Price Changed $79,900 HARMLS
  • 2026-04-02 Price Changed $84,900 HARMLS
  • 2026-04-02 Price Changed $84,900 BBOR
  • 2026-03-27 Price Changed $89,900 BBOR
  • 2026-03-27 Price Changed $89,900 HARMLS
  • 2026-03-19 Price Changed $94,900 HARMLS
  • 2026-03-19 Price Changed $94,900 BBOR
  • 2026-03-12 Price Changed $99,900 BBOR
  • 2026-03-12 Price Changed $99,900 HARMLS
  • 2026-03-05 Price Changed $104,900 BBOR
  • 2026-03-05 Price Changed $104,900 HARMLS
  • 2026-02-25 Listed $114,900 HARMLS
  • 2022-02-02 Sold (Public Records) Public Records
  • 2012-08-20 Sold (Public Records) Public Records
  • 2007-09-20 Sold (Public Records) Public Records
  • 2007-09-20 Sold (Public Records) Public Records

Property tax history

+5.8%/yr

Latest (2025): $1,082 · -3.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…