4217 King St · Greenville, TX 75401

$174,400

5 bd · 3.0 ba · 1,544 sqft · SingleFamily public records · 50 Days on market

Built 1975 8,407 sqft lot Est $162k · 8% over

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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 +21.4/30.0
• DSCR +6.8/10.0
• 1% rule +6.0/10.0
• ARV discount +4.1/15.0
• Livability +3.9/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

INVESTORS! This 3 Bedroom, 1.5 Bath is great investment to flip and generate a high volume of profits or a great rent and hold. Tremendous potential in a quiet community and the elementary is right across the street. You DO NOT want to miss this investment opportunity! Property prefers to be sold AS IS with no repairs. The Seller has never visited the property and has no knowledge of its condition.

Key facts

• Open dining area
• Large corner lot
• Move-in-ready

Tags

• LARGE CORNER LOT
• ENTRYWAY RAMP
• OPEN DINING AREA
• MOVE-IN-READY
• NEW CARPET
• LARGE FULLY FENCED BACKYARD

Property features AI

Finance

• Other: Listing is Active Under Contract; Possession at closing/funding
• Financial info: Financing options: Cash, Conventional, FHA, VA
• HOA & community: No association

Exterior

• Parking: Driveway; 1-car carport
• Utilities: City water; City sewer; All-weather road
• Home design: Single-family residence; Residential property; Built in 1975; Property is attached; Slab foundation; Composition roof
• Construction: Brick and siding construction
• Exterior features: Chain link fencing; Less than 0.5 acre lot

Interior

• Kitchen: Dishwasher; Gas range; Refrigerator
• Bedrooms: 5 bedrooms (primary bedroom on main level)
• Flooring: Carpet; Vinyl
• Bathrooms: 2 bathrooms (1 full, 1 half)
• Heating & cooling: Central heating (natural gas); Central air conditioning; Ceiling fans
• Interior features: One-level layout; Accessible approach with ramp; Two living/dining areas (1 living area, 1 dining area); Other interior features
• Laundry & utility: No laundry appliance details provided

What this means for you Summary

Snapshot

• This is a 5-bed/3.0-bath single-family listed at $174k.

Deal economics

• At list price, monthly cash flow is $260 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $174k).
• Recommended offer: $169k (3.0% below list) — sets the bar for market timing.
• Cap rate 8.1% vs local median 4.1% in Greenville — 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 77/100 on livability (#78 in TX, #2,719 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A; Watch: employment D, commute F.
• Greenville ISD (town): math 20% / reading 26% proficiency, ranked #743 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Travis El (math 20% / reading 14%, grade F, #3,836 of 4,322 statewide, top 91%, 655 students, 85% FRL) — zoned schools average 85% FRL vs 55% district-wide (30 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents flat; 395 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 1,289 units permitted in Hunt County in 2024 (527 in 5+ unit buildings).
• This rent runs 38% of the median local income ($60k/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 $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Hunt County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 50 days — a 3% lower offer ($169k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 8y ago; this cycle's ask is 9894% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $169,168 (3.0% below list)

Questions for the listing agent

1. It's been on market 50 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 1.10% ✓
• Cap rate: 8.08%
• Cash-on-cash: 6.39%
• DSCR: 1.28
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $162,120
• Comps found: 5

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
4217 King St	0.00mi	5/1.5	1,671 (+8%)	1mo	$174,400	$104	80
3901 Oneal St	0.65mi	4/2.0 (-1)	1,607 (+4%)	1mo	$168,000	$105	53
3408 Canton St	0.72mi	4/2.0 (-1)	1,546 (+0%)	14mo	$249,500	$161	46
4002 Templeton St	0.64mi	4/2.0 (-1)	1,661 (+8%)	6mo	$169,900	$102	44
3915 Caddo St	0.71mi	4/3.0 (-1)	1,737 (+12%)	6mo	$297,700	$171	36

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 · 0.62% rent growth · sell at horizon

5-year hold

• IRR: -9.2%
• Equity multiple: 0.67×
• Total profit: $-16,128
• Equity at exit: $26,004

10-year hold

• IRR: -3.5%
• Equity multiple: 0.79×
• Total profit: $-10,045
• Equity at exit: $15,079

Cash invested: $48,832 (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 75401

• Home prices YoY: -20.7%
• Rents YoY: 0.6%
• Active inventory: 395
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,921 high
• Mortgage (P&I): −$915
• Tax from tax record: −$270 /mo · $3,241/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $260

Break-even live

Break-even rent $1,592

Max offer price $174,400

Occupancy floor 81%

Sensitivity live

Price	-10% $359	-5% $309	+0% $260	+5% $211	+10% $161
Rent	-10% $108	-5% $184	+0% $260	+5% $336	+10% $412
Rate	-1.0pp $348	-0.5pp $304	base $260	+0.5pp $215	+1.0pp $169

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: $43,600
• Closing costs: $5,232
• Reserves months: —
• Total cash needed: —

Rent comps 13 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4504 Stonewall St Greenville, TX	4.0	3.0	2212	$1,500	$0.68	44d	1	0.24mi
2018 Morse St Greenville, TX	4.0	2.0	1894	$2,200	$1.16	44d	1	0.72mi
2902 Walnut St Greenville, TX	4.0	3.0	2189	$2,050	$0.94	25d	1	0.89mi
2225 College St Greenville, TX	4.0	2.5	1832	$2,000	$1.09	45d	1	1.25mi
2210 Langford St Greenville, TX	4.0	2.0	1510	$1,595	$1.06	44d	1	1.25mi
110 Doma Ave Greenville, TX	4.0	2.0	1571	$1,740	$1.11	3d	1	1.33mi
3603 McDougal St Greenville, TX	5.0	2.0	1472	$1,850	$1.26	44d	1	1.33mi
116 Doma Ave Greenville, TX	4.0	2.0	1788	$1,825	$1.02	0d	1	1.34mi
102 Goel St Greenville, TX	4.0	2.0	1794	$1,975	$1.10	25d	1	1.46mi
102 Goel St Greenville, TX	4.0	2.0	1794	$1,975	$1.10	8d	1	1.46mi
102 Goel St Greenville, TX	4.0	2.0	1788	$1,975	$1.10	3d	1	1.46mi
112 Goel St Greenville, TX	4.0	2.0	1788	$1,835	$1.03	3d	1	1.49mi
116 Goel St Greenville, TX	4.0	3.0	1828	$1,885	$1.03	3d	1	1.49mi

Listing history 25 events

1. 2026-05-07
   status Pending
2. 2026-04-30
   historical Active Option Contract
3. 2026-04-17
   status Active
4. 2026-03-28
   status Pending
5. 2026-03-18
   historical Active Option Contract
6. 2026-03-17
   historical $1,745
7. 2026-03-10
   listed $1,745
8. 2026-03-03
   historical $1,745
9. 2026-02-25
   listed $174,400 Active
10. 2026-01-23
    historical
11. 2026-01-16
    listed $1,745
12. 2026-01-02
    price $174,400
13. 2025-11-12
    price $174,500
14. 2025-10-20
    price $174,900
15. 2025-10-06
    price $179,900
16. 2025-09-19
    price $184,900
17. 2025-09-05
    price $189,900
18. 2025-08-24
    price $194,500
19. 2025-08-04
    price $199,499
20. 2025-07-02
    listed $199,999 Active
21. 2018-11-08
    soldstatus
22. 2018-11-05
    soldstatus Sold 403-char remark

    Show marketing remark (403 chars)

    INVESTORS! This 3 Bedroom, 1.5 Bath is great investment to flip and generate a high volume of profits or a great rent and hold. Tremendous potential in a quiet community and the elementary is right across the street. You DO NOT want to miss this investment opportunity! Property prefers to be sold AS IS with no repairs. The Seller has never visited the property and has no knowledge of its condition.

23. 2018-10-05
    status Pending 403-char remark

    Show marketing remark (403 chars)

    INVESTORS! This 3 Bedroom, 1.5 Bath is great investment to flip and generate a high volume of profits or a great rent and hold. Tremendous potential in a quiet community and the elementary is right across the street. You DO NOT want to miss this investment opportunity! Property prefers to be sold AS IS with no repairs. The Seller has never visited the property and has no knowledge of its condition.

24. 2018-09-28
    listed $50,000 Active 403-char remark

    Show marketing remark (403 chars)

    INVESTORS! This 3 Bedroom, 1.5 Bath is great investment to flip and generate a high volume of profits or a great rent and hold. Tremendous potential in a quiet community and the elementary is right across the street. You DO NOT want to miss this investment opportunity! Property prefers to be sold AS IS with no repairs. The Seller has never visited the property and has no knowledge of its condition.

25. 1998-07-22
    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: $3,241 · $270/mo
• Projected year-2 tax: $3,241 · $270/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% 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: $23,049
• − Mortgage interest: −$9,769
• − Property taxes: −$3,241
• − Insurance: −$872
• − Repairs & maintenance: −$1,844
• − Management: −$1,844
• − Depreciation: −$5,073
• Taxable income: $406
• Est. tax owed @ 24.0%: −$97
• After-tax cash flow: $3,024/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: Greenville ISD
• NCES district ID: 4821720
• Math proficiency: 20% ▼ -12.00%
• Reading proficiency: 26% ▼ -7.00%
• Median HH income: $41,374
• Composite: 19.56/100
• National rank: #8759
• State rank: #743 of 826 in TX

Livability — Greenville

• Score: 77/100
• State rank: #78
• US rank: #2719

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Greenville, TX
• County: Hunt County · 71,969 people
• City population: 42,767
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 22,669
• Household income: $59,908
• Rent vs Own: 44.8% rent · 55.2% own
• Severe rent burden: 638.0

Population outlook (Hunt County) Hauer SSP2

• Today (2025): 97,090 people
• By 2030: 100,452 · +3.5%
• By 2040: 106,544 · +9.7%
• By 2050: 111,218 · +14.6%
• By 2075: 121,695 · +25.3%
• By 2100: 123,683 · +27.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 51% Hispanic / Latino 32% Black 13% Two or more races 11%
• Hispanic origin (detail): Mexican 30%
• Common ancestry: Slovak 2% Lithuanian 1% Iranian 1%
• Foreign-born: 13% · Canada
• Languages at home: 75% English-only · Spanish 24%

Political lean MEDSL · Hunt

• 2024 margin: Solid R (+55.5) · D 21.9% · R 77.4%
• 2008→2024 swing: -14.9pp toward R · 2008: -40.6pp · 2024: -55.5pp
• All cycles: 2024: R+55.5 2020: R+52.5 2016: R+56.3 2012: R+51.2 2008: R+40.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.45%
• Current HPI: 339.0287
• Rent YoY: ▲ 0.62%
• Metro: Dallas-Fort Worth-Arlington, 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

-96.5% since first listed

25 events — show timeline

• 2026-05-07 Pending — NTREIS
• 2026-04-30 Contingent — NTREIS
• 2026-04-17 Relisted — NTREIS
• 2026-03-28 Pending — NTREIS
• 2026-03-18 Contingent — NTREIS
• 2026-03-17 Rental Removed $1,745 NTREIS
• 2026-03-10 Listed for Rent $1,745 NTREIS
• 2026-03-03 Rental Removed $1,745 NTREIS
• 2026-02-25 Listed $174,400 NTREIS
• 2026-01-23 Listing Removed — NTREIS
• 2026-01-16 Listed for Rent $1,745 NTREIS
• 2026-01-02 Price Changed $174,400 NTREIS
• 2025-11-12 Price Changed $174,500 NTREIS
• 2025-10-20 Price Changed $174,900 NTREIS
• 2025-10-06 Price Changed $179,900 NTREIS
• 2025-09-19 Price Changed $184,900 NTREIS
• 2025-09-05 Price Changed $189,900 NTREIS
• 2025-08-24 Price Changed $194,500 NTREIS
• 2025-08-04 Price Changed $199,499 NTREIS
• 2025-07-02 Listed $199,999 NTREIS
• 2018-11-08 Sold (Public Records) — Public Records
• 2018-11-05 Sold (MLS) — NTREIS
• 2018-10-05 Pending — NTREIS
• 2018-09-28 Listed $50,000 NTREIS
• 1998-07-22 Sold (Public Records) — Public Records

Property tax history

+5.5%/yr

Latest (2025): $3,241 · +21.6% YoY. Source: county tax records.