5001 Texas Ave · La Marque, TX 77568

$275,000

4 bd · 2.5 ba · 2,842 sqft · SingleFamily public records · 46 Days on market

Built 1968 0.40 ac lot $97/sqft · 9% below area Est $302k · 9% under

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Why this score? — see what drove the D 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 +12.1/30.0
• ARV discount +11.5/15.0
• DSCR +3.6/10.0
• 1% rule +3.5/10.0
• Rent growth +3.5/5.0
• Livability +3.0/5.0
• Schools +2.6/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Sitting on an expansive 17,000+ square foot lot, this 4-bedroom, 2-bathroom home provides endless possibilities with room to grow, and truly make it your own! Whether you envision outdoor entertaining or a garden oasis, the property continues to impress! You’ll enjoy a private, double-wide driveway, attached garage, and a fully fenced backyard, ideal for pets, play, or entertaining. Boasting over 2,800 square feet of living space, discover generous living areas, a cozy fireplace, flexible layout, and numerous updates already in place. While some floor coverings are needed, this presents the perfect chance to customize finishes to match your style. With great bones and significant square footage, the potential here is undeniable. Best of all, there’s no HOA—enjoy the freedom to personalize your property without extra restrictions or fees. Looking for space, value, and opportunity all in one? This home is ready to deliver. Schedule your showing today and imagine the possibilities!

Key facts

• 0.4 acre lot
• 2 garage spots
• Built 1968

What this means for you Summary

Snapshot

• This is a 4-bed/2.5-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-62 ($-744/yr) — negative.
• To cash-flow at today's rent, offer at most $264k (4.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $234k (14.8% below list).
• Recommended offer: $234k (14.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#1,136 in TX) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: employment D, schools F, crime F.
• Hitchcock ISD (suburban): math 28% / reading 31% proficiency, ranked #628 of 826 in TX (top 76%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 72% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+4.0%/yr); 661 active listings in the ZIP; 3,258 units permitted in Galveston County in 2024 (0 in 5+ unit buildings).
• This rent runs 38% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Galveston County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 46 days — a 3% lower offer ($267k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 20y ago; this cycle's ask has dropped $15k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: moderate flood risk; severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $234,302 (14.8% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 46 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
3. Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. 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?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.85% ✗
• Cap rate: 6.02%
• Cash-on-cash: -0.97%
• DSCR: 0.96
• GRM: 9.8

CMA / ARV

• ARV (median comp): $301,791
• List price: $275,000
• Delta: -8.88%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
652 Woodhaven Lakes Dr	0.44mi	4/3.0	2,883 (+1%)	14mo	$345,990	$120	64
1236 Marsh Wren Ct	0.55mi	3/2.5 (-1)	2,774 (-2%)	4mo	$283,360	$102	62
513 Reddingwood Ln	0.47mi	4/2.0	2,659 (-6%)	6mo	$275,000	$103	60
602 Imperial Ridge Ct	0.43mi	4/2.5	2,682 (-6%)	14mo	$270,000	$101	59
509 Naples Terrace Ln	0.54mi	4/2.0	2,659 (-6%)	6mo	$285,000	$107	57
607 Red Oak Canyon Ln	0.55mi	4/2.0	2,659 (-6%)	6mo	$283,000	$106	56
755 Woodhaven Lakes Dr	0.52mi	4/3.5	3,075 (+8%)	2mo	$388,900	$126	56
743 Red Mulberry St	0.34mi	4/2.0	2,541 (-11%)	14mo	$354,900	$140	53
5042 Celestial Ct	0.64mi	5/3.0 (+1)	2,675 (-6%)	6mo	$366,990	$137	49
5062 Celestial Ct	0.66mi	4/2.5	2,677 (-6%)	14mo	$314,990	$118	48
617 Forest Vlg	0.62mi	4/3.5	3,245 (+14%)	2mo	$369,000	$114	42
638 Pomegranate Ln	0.47mi	4/3.5	2,453 (-14%)	12mo	$316,990	$129	41

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 · 3.95% rent growth · sell at horizon

5-year hold

• IRR: -16.8%
• Equity multiple: 0.40×
• Total profit: $-46,208
• Equity at exit: $41,003

10-year hold

• IRR: -7.0%
• Equity multiple: 0.54×
• Total profit: $-35,690
• Equity at exit: $23,777

Cash invested: $77,000 (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.

Methodology + full state rankings →

ZIP-level market 77568

• Home prices YoY: -22.7%
• Rents YoY: 4.0%
• Active inventory: 661
• Price-to-rent: 9.8×

Monthly cashflow live

• Estimated rent: $2,343 medium
• Mortgage (P&I): −$1,442
• Tax from tax record: −$356 /mo · $4,275/yr
• Insurance: −$115
• HOA: −$0
• Vacancy / Maint / Mgmt: −$492
• Net cashflow: $-62

Break-even live

Break-even rent $2,422

Max offer price $264,045

Occupancy floor 98%

Sensitivity live

Price	-10% $94	-5% $16	+0% $-62	+5% $-140	+10% $-218
Rent	-10% $-247	-5% $-155	+0% $-62	+5% $31	+10% $123
Rate	-1.0pp $76	-0.5pp $8	base $-62	+0.5pp $-133	+1.0pp $-206

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: $68,750
• Closing costs: $8,250
• Reserves months: —
• Total cash needed: —

Listing history 32 events

1. 2026-06-21
   days on market $275,000 Active 46 DOM
2. 2026-06-18
   days on market $275,000 Active 43 DOM
3. 2026-06-17
   days on market $275,000 Active 42 DOM
4. 2026-06-16
   days on market $275,000 Active 41 DOM
5. 2026-06-15
   days on market $275,000 Active 40 DOM
6. 2026-06-13
   days on market $275,000 Active 38 DOM
7. 2026-06-13
   pricedays on market $275,000 Active 37 DOM
8. 2026-06-09
   days on market $289,900 Active 34 DOM
9. 2026-06-08
   days on market $289,900 Active 33 DOM
10. 2026-06-07
    days on market $289,900 Active 32 DOM
11. 2026-06-04
    days on market $289,900 Active 29 DOM
12. 2026-06-03
    days on market $289,900 Active 28 DOM
13. 2026-06-02
    days on market $289,900 Active 27 DOM
14. 2026-06-01
    days on market $289,900 Active 26 DOM
15. 2026-05-31
    days on market $289,900 Active 25 DOM
16. 2026-05-07
    listed $289,900 Active 1018-char remark

    Show marketing remark (1018 chars)

    Sitting on an expansive 17,000+ square foot lot, this 4-bedroom, 2-bathroom home provides endless possibilities with room to grow, and truly make it your own! Whether you envision outdoor entertaining or a garden oasis, the property continues to impress! You’ll enjoy a private, double-wide driveway, attached garage, and a fully fenced backyard, ideal for pets, play, or entertaining. Boasting over 2,800 square feet of living space, discover generous living areas, a cozy fireplace, flexible layout, and numerous updates already in place. While some floor coverings are needed, this presents the perfect chance to customize finishes to match your style. With great bones and significant square footage, the potential here is undeniable. Best of all, there’s no HOA—enjoy the freedom to personalize your property without extra restrictions or fees. Looking for space, value, and opportunity all in one? This home is ready to deliver. Schedule your showing today and imagine the possibilities!

17. 2026-04-23
    historical $289,900 1018-char remark

    Show marketing remark (1018 chars)

    Sitting on an expansive 17,000+ square foot lot, this 4-bedroom, 2-bathroom home provides endless possibilities with room to grow, and truly make it your own! Whether you envision outdoor entertaining or a garden oasis, the property continues to impress! You’ll enjoy a private, double-wide driveway, attached garage, and a fully fenced backyard, ideal for pets, play, or entertaining. Boasting over 2,800 square feet of living space, discover generous living areas, a cozy fireplace, flexible layout, and numerous updates already in place. While some floor coverings are needed, this presents the perfect chance to customize finishes to match your style. With great bones and significant square footage, the potential here is undeniable. Best of all, there’s no HOA—enjoy the freedom to personalize your property without extra restrictions or fees. Looking for space, value, and opportunity all in one? This home is ready to deliver. Schedule your showing today and imagine the possibilities!

18. 2025-12-31
    historical
19. 2025-11-15
    price $275,000
20. 2025-10-30
    listed $315,000 Active
21. 2025-10-29
    historical
22. 2025-10-27
    status Active
23. 2025-10-23
    historical
24. 2025-08-29
    price $325,000
25. 2025-07-29
    price $365,000
26. 2025-05-20
    price $399,999
27. 2025-04-17
    listed $425,000 Active
28. 2025-04-16
    historical
29. 2015-05-13
    soldstatus
30. 2006-12-24
    historical
31. 2006-07-24
    listed $163,588
32. 2000-05-10
    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: $4,275 · $356/mo
• Projected year-2 tax: $5,032 · $419/mo
• Expected delta: +$757/yr (+$63/mo · 17.7%)

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

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (shaded) · 26% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 10/10 Extreme 7 d/yr ≥110°F today · 27 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $28,116
• − Mortgage interest: −$15,404
• − Property taxes: −$4,275
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,249
• − Management: −$2,249
• − Depreciation: −$8,000
• Taxable loss: −$5,437
• Est. tax savings @ 24.0%: +$1,305
• After-tax cash flow: $561/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: Hitchcock ISD
• NCES district ID: 4823310
• Math proficiency: 28% ▼ -2.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $47,041
• Composite: 25.5/100
• National rank: #7439
• State rank: #628 of 826 in TX

Livability — La Marque

• Score: 59/100
• State rank: #1136
• US rank: #20037

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: La Marque, TX
• County: Galveston County · 357,330 people
• City population: 23,083
• Metro: Houston-The Woodlands-Sugar Land, TX
• Population (ZIP): 23,083
• Household income: $74,694
• Rent vs Own: 28.0% rent · 72.0% own
• Severe rent burden: 700.0

Population outlook (Galveston County) Hauer SSP2

• Today (2025): 390,640 people
• By 2030: 425,226 · +8.9%
• By 2040: 493,765 · +26.4%
• By 2050: 559,698 · +43.3%
• By 2075: 719,260 · +84.1%
• By 2100: 819,628 · +109.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 37% Hispanic / Latino 29% Black 26% Two or more races 17% Asian 3%
• Hispanic origin (detail): Mexican 22% Puerto Rican 1%
• Common ancestry: Lithuanian 1% Italian 1% Serbian 1%
• Foreign-born: 8% · Canada
• Languages at home: 77% English-only · Spanish 21% Tagalog/Filipino 1% Other Asian/Pacific 1%

Political lean MEDSL · Galveston

• 2024 margin: Strong R (+27.4) · D 35.7% · R 63.1% · Other 1.2%
• 2008→2024 swing: -7.9pp toward R · 2008: -19.5pp · 2024: -27.4pp
• All cycles: 2024: R+27.4 2020: R+22.6 2016: R+22.6 2012: R+26.9 2008: R+19.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -69.39%
• Current HPI: 236.0239
• Rent YoY: ▲ 3.95%
• Metro: Houston-The Woodlands-Sugar Land, 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+77.2% since first listed

17 events — show timeline

• 2026-05-07 Listed $289,900 HARMLS
• 2026-04-23 Coming Soon $289,900 HARMLS
• 2025-12-31 Listing Removed — HARMLS
• 2025-11-15 Price Changed $275,000 HARMLS
• 2025-10-30 Listed $315,000 HARMLS
• 2025-10-29 Listing Removed — HARMLS
• 2025-10-27 Relisted — HARMLS
• 2025-10-23 Listing Removed — HARMLS
• 2025-08-29 Price Changed $325,000 HARMLS
• 2025-07-29 Price Changed $365,000 HARMLS
• 2025-05-20 Price Changed $399,999 HARMLS
• 2025-04-17 Listed $425,000 HARMLS
• 2025-04-16 Coming Soon — HARMLS
• 2015-05-13 Sold (Public Records) — Public Records
• 2006-12-24 Listing Removed — HARMLS
• 2006-07-24 Listed $163,588 HARMLS
• 2000-05-10 Sold (Public Records) — Public Records

Property tax history

+3.2%/yr

Latest (2025): $4,275 · +8.6% YoY. Source: county tax records.