3835 9th Ave · Port Arthur, TX
Flood risk 9/10 · Severe
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.99%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 10/10 · Severe
- Hot days now (above 110°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 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Built in 1962 — 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 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?
- 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
- 1.17% ✓
- 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
- IRR
- -1.7%
- Equity multiple
- 0.93×
- Total profit
- $-2,798
- Equity at exit
- $22,365
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-18status $150,000 Active 188 DOM
-
2026-06-10status $150,000 Pending 188 DOM
-
2026-06-09days on market $150,000 Active 188 DOM
-
2026-06-08days on market $150,000 Active 187 DOM
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2026-06-07days on market $150,000 Active 186 DOM
-
2026-06-03days on market $150,000 Active 182 DOM
-
2026-06-02days on market $150,000 Active 181 DOM
-
2026-06-01days on market $150,000 Active 180 DOM
-
2026-05-31days on market $150,000 Active 179 DOM
-
2026-05-30days on market $150,000 Active 178 DOM
-
2026-03-19price $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.
-
2026-02-05price $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.
-
2025-12-18price $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.
-
2025-12-03$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.
-
2024-01-17historical
-
2023-12-10$210,000 Active
-
2014-09-09soldstatus
-
2012-06-22soldstatus
ⓘ 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
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
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
- 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
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
- 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 |
|---|---|---|
| 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
-23.8% since first listed8 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%/yrLatest (2025): $3,291 · -4.6% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…