6970 Leblanc Rd · Beaumont, TX 77708

$99,000

3 bd · 2.0 ba · 2,715 sqft · SingleFamily public records · 98 Days on market

Built 1978 1.08 ac lot $36/sqft · 68% below area

---

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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Located on LeBlanc Road in Beaumont, this unique property offers a rare opportunity to create something truly special. Sitting on 1.08 acres of unrestricted land, the property provides flexibility for a wide range of possibilities—whether you're looking to renovate, rebuild, or develop to suit your needs. The existing home offers approximately 2,715 square feet and has been gutted, providing a blank slate for a complete renovation or custom redesign. With plenty of space both inside and out, this property is ideal for investors, builders, or buyers looking to design their dream home from the ground up. Enjoy the peaceful, country-style setting while still being conveniently located near the amenities of Beaumont. The spacious lot provides room for expansion, additional structures, or outdoor living areas. If you're looking for space, flexibility, and opportunity, this LeBlanc Road property is ready for your vision.

Key facts

• Blank slate
• Spacious lot
• Room for expansion

Tags

• UNRESTRICTED LAND
• BLANK SLATE
• COUNTRY-STYLE SETTING
• SPACIOUS LOT
• ROOM FOR EXPANSION

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $398 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $90k (9.0% below list) — sets the bar for market timing.
• Cap rate 11.1% vs local median 5.3% in Beaumont — 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 64/100 on livability (#739 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment D, schools D-, crime F.
• Beaumont ISD (urban): math 14% / reading 22% proficiency, ranked #789 of 826 in TX (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 69% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 70 active listings in the ZIP; 343 units permitted in Jefferson County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $684 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 98 days — a 9% lower offer ($90k) is reasonable based on typical stale-listing flexibility.
• 2 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: property tax is 3.4% of price.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,090 (9.0% below list)

Questions for the listing agent

1. It's been on market 98 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.58% ✓
• Cap rate: 11.11%
• Cash-on-cash: 17.21%
• DSCR: 1.77
• GRM: 5.3

CMA / ARV

• ARV (median comp): $310,291
• List price: $99,000
• Delta: -68.09%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 8.6%
• Equity multiple: 1.34×
• Total profit: $9,402
• Equity at exit: $14,761

10-year hold

• IRR: 17.9%
• Equity multiple: 2.49×
• Total profit: $41,283
• Equity at exit: $8,560

Cash invested: $27,720 (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 77708

• Active inventory: 70
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $1,568 medium
• Mortgage (P&I): −$519
• Tax from tax record: −$281 /mo · $3,368/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$329
• Net cashflow: $398

Break-even live

Break-even rent $1,065

Max offer price $99,000

Occupancy floor 70%

Sensitivity live

Price	-10% $454	-5% $426	+0% $398	+5% $370	+10% $342
Rent	-10% $274	-5% $336	+0% $398	+5% $460	+10% $521
Rate	-1.0pp $447	-0.5pp $423	base $398	+0.5pp $372	+1.0pp $346

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $99,000 Active 98 DOM
2. 2026-06-17
   days on market $99,000 Active 97 DOM
3. 2026-06-16
   days on market $99,000 Active 96 DOM
4. 2026-06-15
   days on market $99,000 Active 95 DOM
5. 2026-06-14
   days on market $99,000 Active 93 DOM
6. 2026-06-13
   days on market $99,000 Active 92 DOM
7. 2026-06-10
   days on market $99,000 Active 90 DOM
8. 2026-06-09
   days on market $99,000 Active 89 DOM
9. 2026-06-08
   days on market $99,000 Active 88 DOM
10. 2026-06-07
    days on market $99,000 Active 87 DOM
11. 2026-06-03
    days on market $99,000 Active 83 DOM
12. 2026-06-02
    days on market $99,000 Active 82 DOM
13. 2026-06-01
    days on market $99,000 Active 81 DOM
14. 2026-05-31
    days on market $99,000 Active 80 DOM
15. 2026-05-30
    days on market $99,000 Active 79 DOM
16. 2026-04-28
    historical
17. 2026-04-16
    listed $99,000 Active
18. 2026-03-12
    listed $99,000 Active 934-char remark

    Show marketing remark (934 chars)

    Located on LeBlanc Road in Beaumont, this unique property offers a rare opportunity to create something truly special. Sitting on 1.08 acres of unrestricted land, the property provides flexibility for a wide range of possibilities—whether you're looking to renovate, rebuild, or develop to suit your needs. The existing home offers approximately 2,715 square feet and has been gutted, providing a blank slate for a complete renovation or custom redesign. With plenty of space both inside and out, this property is ideal for investors, builders, or buyers looking to design their dream home from the ground up. Enjoy the peaceful, country-style setting while still being conveniently located near the amenities of Beaumont. The spacious lot provides room for expansion, additional structures, or outdoor living areas. If you're looking for space, flexibility, and opportunity, this LeBlanc Road property is ready for your vision.

ⓘ 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: $3,368 · $281/mo
• Projected year-2 tax: $3,368 · $281/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 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥109°F today · 22 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

Taxation est. · year 1

• Rental income: $18,816
• − Mortgage interest: −$5,546
• − Property taxes: −$3,368
• − Insurance: −$495
• − Repairs & maintenance: −$1,505
• − Management: −$1,505
• − Depreciation: −$2,880
• Taxable income: $3,517
• Est. tax owed @ 24.0%: −$844
• 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: Beaumont ISD
• NCES district ID: 4809670
• Math proficiency: 14% ▼ -13.00%
• Reading proficiency: 22% ▼ -7.00%
• Median HH income: $41,683
• Composite: 15.43/100
• National rank: #9316
• State rank: #789 of 826 in TX

Livability — Beaumont

• Score: 64/100
• State rank: #739
• US rank: #13710

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Beaumont, TX
• City population: 125,901
• Population (ZIP): 12,398

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: Majority Black (65%)
• Race & ethnicity: Black 65% White 23% Hispanic / Latino 9% Two or more races 6% Asian 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Lithuanian 1% Serbian 1% Slovak 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 92% English-only · Spanish 6% Tagalog/Filipino 1% Vietnamese 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: ▼ -107.07%
• Current HPI: 171.4951
• Rent YoY: —
• Metro: —
• 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

+0.0% since first listed

3 events — show timeline

• 2026-04-28 Listing Removed — HARMLS
• 2026-04-16 Listed $99,000 HARMLS
• 2026-03-12 Listed $99,000 BBOR

Property tax history

+1.9%/yr

Latest (2025): $3,368 · +9.1% YoY. Source: county tax records.