1108 W Park Ave · Orange, TX
Flood risk 7/10 · Major
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.74%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- 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
- 25 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 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
- DSCR +10.0/10.0
- 1% rule +9.6/10.0
- ARV discount +7.5/15.0
- 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
$99,500
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort.
Key facts
- Covered deck
- Fenced yard
- Spacious lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.5-bath single-family listed at $100k.
Deal economics
- At list price, monthly cash flow is $396 ($5k/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 11.9% 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; 1 comparable units currently listed for rent nearby; 235 units permitted in Orange County in 2024 (50 in 5+ unit buildings).
Forward outlook
- In year one you build about $2k of equity ($688 loan paydown + $1k 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 $28k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 238 days — a 12% lower offer ($88k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $40k (29%) 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 1925 — 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 238 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.46% ✓
- Cap rate
- 11.86%
- Cash-on-cash
- 19.90%
- DSCR
- 1.89
- GRM
- 5.7
CMA / ARV
- ARV (median comp)
- $233,083
- List price
- $99,500
- Delta
- -57.31%
- Verdict
- UNDERPRICED
- Comps
- 18 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 610 8th St | 0.34mi | 4/2.0 (+1) | 2,442 (-2%) | 12mo | $235,000 | $96 | 63 |
| 1705 Burton Ave | 0.54mi | 3/2.0 | 2,249 (-10%) | 23mo | $179,900 | $80 | 37 |
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
- IRR
- 21.4%
- Equity multiple
- 2.12×
- Total profit
- $31,239
- Equity at exit
- $34,019
- IRR
- 26.1%
- Equity multiple
- 4.46×
- Total profit
- $96,321
- Equity at exit
- $45,248
Cash invested: $27,860 (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
ZIP-level market 77630
- Home prices YoY
- 0.4%
- Rents YoY
- 5.7%
- Active inventory
- 337
- Price-to-rent
- 5.7×
Monthly cashflow live
- Estimated rent
- $1,455 medium interval (Pro) →
- Mortgage (P&I)
- −$522
- Tax est. 1.5%
- −$124 /mo · $1,492/yr
- Insurance
- −$41
- Flood insurance flood zone
- −$66 /mo · $798/yr
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$306
- Net cashflow
- $396
Break-even live
Sensitivity live
| Price | -10% $464 | -5% $430 | +0% $396 | +5% $361 | +10% $327 |
|---|---|---|---|---|---|
| Rent | -10% $281 | -5% $338 | +0% $396 | +5% $453 | +10% $511 |
| Rate | -1.0pp $446 | -0.5pp $421 | base $396 | +0.5pp $370 | +1.0pp $344 |
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
- $24,875
- Closing costs
- $2,985
- 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 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1117 18th St Orange, TX | 4.0 | 2.0 | 1716 | $1,500 | $0.87 | 44d | 1 | 0.52mi |
Listing history 23 events
-
2026-06-18days on market $99,500 Pending 238 DOM
-
2026-06-17days on market $99,500 Pending 237 DOM
-
2026-06-16days on market $99,500 Pending 236 DOM
-
2026-06-15days on market $99,500 Pending 235 DOM
-
2026-06-14days on market $99,500 Pending 233 DOM
-
2026-06-13statusdays on market $99,500 Pending 232 DOM
-
2026-06-10days on market $99,500 Active 230 DOM
-
2026-06-09days on market $99,500 Active 229 DOM
-
2026-06-08days on market $99,500 Active 228 DOM
-
2026-06-07days on market $99,500 Active 227 DOM
-
2026-06-03days on market $99,500 Active 223 DOM
-
2026-06-02days on market $99,500 Active 222 DOM
-
2026-06-01days on market $99,500 Active 221 DOM
-
2026-05-31days on market $99,500 Active 220 DOM
-
2026-05-30days on market $99,500 Active 219 DOM
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2026-05-18status Active 783-char remark
Show marketing remark (783 chars)
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort.
-
2026-05-08status Pending 783-char remark
Show marketing remark (820 chars)
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort. Estimated Taxes W/ HS - $3178.26
-
2026-05-08status Pending 820-char remark
Show marketing remark (820 chars)
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort. Estimated Taxes W/ HS - $3178.26
-
2026-04-06price $99,500 783-char remark
Show marketing remark (820 chars)
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort. Estimated Taxes W/ HS - $3178.26
-
2026-04-06price $99,500 820-char remark
Show marketing remark (820 chars)
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort. Estimated Taxes W/ HS - $3178.26
-
2025-10-23$139,900 Active 783-char remark
Show marketing remark (820 chars)
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort. Estimated Taxes W/ HS - $3178.26
-
2025-10-23$139,900 Active 820-char remark
Show marketing remark (820 chars)
Step Back In Time With This Charming Antique Home!!!! This home is full of character and potential and is nestled on a spacious 1.11 acre lot, this property offers room to grow and personalize to your taste. Inside you will find two living areas, a large kitchen with bar seating, a separate dining room, three bedrooms and an upstairs flex room that could be used as additional bedroom areas. You will enjoy relaxing or entertaining under the large covered deck, shaded by a beautiful mature live oak tree! There is a fully fenced yard with a back gate entrance which provides both privacy and easy access and home comes with a generator!! With some updates, this unique property could truly shine- a great opportunity for anyone looking to combine vintage charm and modern comfort. Estimated Taxes W/ HS - $3178.26
-
2025-07-18soldstatus
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 7/10 Severe FEMA zone X (shaded) · 74% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 9/10 Extreme 7 d/yr ≥109°F today · 25 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
- $17,463
- − Mortgage interest
- −$5,574
- − Property taxes
- −$1,492
- − Insurance
- −$1,295
- − Repairs & maintenance
- −$1,397
- − Management
- −$1,397
- − Depreciation
- −$2,895
- Taxable income
- $3,413
- Est. tax owed @ 24.0%
- −$819
- After-tax cash flow
- $3,927/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
-28.9% since first listed8 events — show timeline
- 2026-05-18 Relisted — HARMLS
- 2026-05-08 Pending — HARMLS
- 2026-05-08 Pending — BBOR
- 2026-04-06 Price Changed $99,500 HARMLS
- 2026-04-06 Price Changed $99,500 BBOR
- 2025-10-23 Listed $139,900 BBOR
- 2025-10-23 Listed $139,900 HARMLS
- 2025-07-18 Sold (Public Records) — Public Records
Property tax history
+3.4%/yrLatest (2025): $5,028 · +2.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…