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3835 9th Ave
C+ Composite 63.6
Why this score? — see what drove the C+ 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 +22.7/30.0
  • ARV discount +15.0/15.0
  • DSCR +7.3/10.0
  • 1% rule +6.7/10.0
  • Rent growth +5.0/5.0
  • Livability +3.1/5.0
  • Condition / age +2.5/5.0
  • Schools +1.5/10.0
  • Appreciation +0.0/10.0

$150,000

3835 9th Ave · Port Arthur, TX 77642
5 bd · 3.0 ba · 1,496 sqft · SingleFamily public records · 188 Days on market
Built 1962 $100/sqft · 9% above area Est $180k · 17% under ↓ 24% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Quaint Port Arthur Home With Bonus Living Space! Discover this charming property in Port Arthur offering a 3-bedroom, 2-bath main home (1,496 sq ft) plus a separate additional living space featuring 2 bedrooms, 1 bathroom, a kitchen, and a living area (456 sq ft). It’s the perfect setup for extended family, guests, or potential rental income. The main home features updated appliances and kitchen improvements completed in 2022, giving the space a fresh, modern feel. Both units offer comfortable layouts and plenty of potential to make the property your own. Conveniently located near restaurants, shopping, and entertainment, this property offers great flexibility and value in a prime location. Don’t miss your chance to own this versatile, well-kept Port Arthur gem! Sub floors have been completely redone and they are in the process of laying new flooring.

Key facts

  • Updated appliances
  • Kitchen improvements
  • Bonus living space

Tags

BONUS LIVING SPACEUPDATED APPLIANCESKITCHEN IMPROVEMENTS

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 5-bed/3.0-bath single-family listed at $150k.

Deal economics

  • At list price, monthly cash flow is $191 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $150k).
  • Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.4% vs local median 5.0% in Port Arthur — 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 61/100 on livability (#1,014 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools D-, crime F, amenities F.
  • Port Arthur ISD (urban): math 15% / reading 22% proficiency, ranked #796 of 826 in TX (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 80% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents rising fast (+14.4%/yr); 115 active listings in the ZIP; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 343 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).
  • At $1,748/mo this rent would consume 49% of the median local household income ($43k/yr) (locally 1775% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $42k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 188 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 3y ago; this cycle's ask has dropped $45k (23%) 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.
  • Climate carrying-cost: severe 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.
Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

  1. It's been on market 188 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 1962 — 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 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?
  7. 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?
  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
1.17%
Cap rate
8.35%
Cash-on-cash
7.35%
DSCR
1.33
GRM
7.2

CMA / ARV

ARV (median comp)
$179,859
List price
$150,000
Delta
-16.60%
Verdict
UNDERPRICED
Comps
7 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3721 Avalon Ave 0.24mi 4/2.0 (-1) 1,481 (-1%) 3mo $155,000 $105 75

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 · 8.0% rent growth · sell at horizon

5-year hold
IRR
-1.7%
Equity multiple
0.93×
Total profit
$-2,798
Equity at exit
$22,365
10-year hold
IRR
13.2%
Equity multiple
2.33×
Total profit
$55,736
Equity at exit
$12,969

Cash invested: $42,000 (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 77642

Rents YoY
14.4%
Active inventory
115
Price-to-rent
7.2×

Monthly cashflow live

Estimated rent
$1,748 medium interval (Pro) →
Mortgage (P&I)
$787
Tax from tax record
$274 /mo · $3,291/yr
Insurance
$62
Flood insurance flood zone
−$66 /mo · $798/yr
HOA
$0
Vacancy / Maint / Mgmt
$367
Net cashflow
$191

Break-even live

Break-even rent $1,506
Max offer price $150,000
Occupancy floor 84%

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
$37,500
Closing costs
$4,500
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3738 7th Ave Port Arthur, TX 4.0 2.0 1704 $1,795 $1.05 44d 1 0.10mi

Listing history 18 events

  1. 2026-06-18
    status $150,000 Active 188 DOM
  2. 2026-06-10
    status $150,000 Pending 188 DOM
  3. 2026-06-09
    days on market $150,000 Active 188 DOM
  4. 2026-06-08
    days on market $150,000 Active 187 DOM
  5. 2026-06-07
    days on market $150,000 Active 186 DOM
  6. 2026-06-03
    days on market $150,000 Active 182 DOM
  7. 2026-06-02
    days on market $150,000 Active 181 DOM
  8. 2026-06-01
    days on market $150,000 Active 180 DOM
  9. 2026-05-31
    days on market $150,000 Active 179 DOM
  10. 2026-05-30
    days on market $150,000 Active 178 DOM
  11. 2026-03-19
    price $160,000 877-char remark
    Show marketing remark (877 chars)

    Quaint Port Arthur Home With Bonus Living Space! Discover this charming property in Port Arthur offering a 3-bedroom, 2-bath main home (1,496 sq ft) plus a separate additional living space featuring 2 bedrooms, 1 bathroom, a kitchen, and a living area (456 sq ft). It’s the perfect setup for extended family, guests, or potential rental income. The main home features updated appliances and kitchen improvements completed in 2022, giving the space a fresh, modern feel. Both units offer comfortable layouts and plenty of potential to make the property your own. Conveniently located near restaurants, shopping, and entertainment, this property offers great flexibility and value in a prime location. Don’t miss your chance to own this versatile, well-kept Port Arthur gem! Sub floors have been completely redone and they are in the process of laying new flooring.

  12. 2026-02-05
    price $170,000 877-char remark
    Show marketing remark (877 chars)

    Quaint Port Arthur Home With Bonus Living Space! Discover this charming property in Port Arthur offering a 3-bedroom, 2-bath main home (1,496 sq ft) plus a separate additional living space featuring 2 bedrooms, 1 bathroom, a kitchen, and a living area (456 sq ft). It’s the perfect setup for extended family, guests, or potential rental income. The main home features updated appliances and kitchen improvements completed in 2022, giving the space a fresh, modern feel. Both units offer comfortable layouts and plenty of potential to make the property your own. Conveniently located near restaurants, shopping, and entertainment, this property offers great flexibility and value in a prime location. Don’t miss your chance to own this versatile, well-kept Port Arthur gem! Sub floors have been completely redone and they are in the process of laying new flooring.

  13. 2025-12-18
    price $185,000 877-char remark
    Show marketing remark (877 chars)

    Quaint Port Arthur Home With Bonus Living Space! Discover this charming property in Port Arthur offering a 3-bedroom, 2-bath main home (1,496 sq ft) plus a separate additional living space featuring 2 bedrooms, 1 bathroom, a kitchen, and a living area (456 sq ft). It’s the perfect setup for extended family, guests, or potential rental income. The main home features updated appliances and kitchen improvements completed in 2022, giving the space a fresh, modern feel. Both units offer comfortable layouts and plenty of potential to make the property your own. Conveniently located near restaurants, shopping, and entertainment, this property offers great flexibility and value in a prime location. Don’t miss your chance to own this versatile, well-kept Port Arthur gem! Sub floors have been completely redone and they are in the process of laying new flooring.

  14. 2025-12-03
    listed $195,000 Active 877-char remark
    Show marketing remark (877 chars)

    Quaint Port Arthur Home With Bonus Living Space! Discover this charming property in Port Arthur offering a 3-bedroom, 2-bath main home (1,496 sq ft) plus a separate additional living space featuring 2 bedrooms, 1 bathroom, a kitchen, and a living area (456 sq ft). It’s the perfect setup for extended family, guests, or potential rental income. The main home features updated appliances and kitchen improvements completed in 2022, giving the space a fresh, modern feel. Both units offer comfortable layouts and plenty of potential to make the property your own. Conveniently located near restaurants, shopping, and entertainment, this property offers great flexibility and value in a prime location. Don’t miss your chance to own this versatile, well-kept Port Arthur gem! Sub floors have been completely redone and they are in the process of laying new flooring.

  15. 2024-01-17
    historical
  16. 2023-12-10
    listed $210,000 Active
  17. 2014-09-09
    soldstatus
  18. 2012-06-22
    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
$3,291 · $274/mo
Projected year-2 tax
$3,291 · $274/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 9/10 Extreme FEMA zone X (shaded) · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 25 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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,971
− Mortgage interest
−$8,402
− Property taxes
−$3,291
− Insurance
−$1,547
− Repairs & maintenance
−$1,678
− Management
−$1,678
− Depreciation
−$4,364
Taxable income
$12
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$3
After-tax cash flow
$2,287/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
Port Arthur ISD
NCES district ID
4835400
Math proficiency
15% ▼ -22.00%
Reading proficiency
22% ▼ -10.00%
Median HH income
$31,795
Composite
14.9/100
National rank
#9373
State rank
#796 of 826 in TX

Livability — Port Arthur

Score
61/100
State rank
#1014
US rank
#18061

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Port Arthur, TX
County
Jefferson County · 203,592 people
City population
38,358
Metro
Beaumont-Port Arthur, TX
Population (ZIP)
38,358
Household income
$42,950
Rent vs Own
47.0% rent · 53.0% own
Severe rent burden
1775.0

Population outlook (Jefferson County) Hauer SSP2

Today (2025)
259,015 people
By 2030
260,685 · +0.6%
By 2040
263,309 · +1.7%
By 2050
265,237 · +2.4%
By 2075
270,193 · +4.3%
By 2100
255,628 · -1.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.66)
Race & ethnicity
Hispanic / Latino 42% Black 37% Two or more races 18% White 12% Asian 7% Native American 1%
Hispanic origin (detail)
Mexican 35% Cuban 1%
Common ancestry
Lithuanian 2% European 1%
Foreign-born
25% · Canada, Vietnam
Languages at home
56% English-only · Spanish 37% Vietnamese 4% Other Indo-European 1%

Political lean MEDSL · Jefferson

2024 margin
Lean R (+8.9) · D 45.1% · R 54.0%
2008→2024 swing
-11.1pp toward R · 2008: 2.2pp · 2024: -8.9pp
All cycles
2024: R+8.9 2020: R+1.6 2016: R+0.5 2012: D+1.6 2008: D+2.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -86.58%
Current HPI
152.1615
Rent YoY
▲ 14.42%
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

-23.8% since first listed
8 events — show timeline
  • 2026-03-19 Price Changed $160,000 BBOR
  • 2026-02-05 Price Changed $170,000 BBOR
  • 2025-12-18 Price Changed $185,000 BBOR
  • 2025-12-03 Listed $195,000 BBOR
  • 2024-01-17 Listing Removed HARMLS
  • 2023-12-10 Listed $210,000 HARMLS
  • 2014-09-09 Sold (Public Records) Public Records
  • 2012-06-22 Sold (Public Records) Public Records

Property tax history

+9.0%/yr

Latest (2025): $3,291 · -4.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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