108 Priddy Ln · Fort Worth, TX 76114

$225,000

3 bd · 2.0 ba · 2,090 sqft · SingleFamily public records · 7 Days on market

Built 1954 10,759 sqft lot $108/sqft · 22% above area Est $225k · at est.

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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 +19.2/30.0
• ARV discount +7.5/15.0
• 1% rule +6.4/10.0
• DSCR +6.1/10.0
• Livability +4.0/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great opportunity for rehab project in hot River District.

Key facts

• Near shopping
• Updated exterior
• Near entertainment

Tags

• UPDATED EXTERIOR
• ROUGHED-IN PLUMBING
• PARTIAL FRAMING
• DESIGN YOUR OWN FLOOR PLAN
• NEAR ENTERTAINMENT
• NEAR SHOPPING

Property features AI

Finance

• Other: Third-party approval required for sale; Possession at closing/funding
• Financial info: Treat as clear loan type; No second mortgage
• HOA & community: No homeowners association

Exterior

• Parking: Attached 2-car garage; 2 covered parking spaces; Garage faces front
• Utilities: City water; City sewer; No municipal utility district
• Home design: Single-family residence (residential); One story; Built in 1954; Not attached to another property
• Construction: Year built: 1954
• Exterior features: Lot under 0.5 acre (about 0.247 acres); Subdivision: Hassett Gardens Add

Interior

• Kitchen: Other appliances
• Bedrooms: Primary bedroom (Level 1) — approximately 20 x 15
• Bathrooms: 3 full bathrooms
• Interior features: One-level layout; Two total rooms; One living area; One dining area; Other interior features
• Laundry & utility: No specific laundry/utility details provided

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $242 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $225k).
• Cap rate 7.6% vs local median 3.9% in Fort Worth — 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 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
• Castleberry ISD (suburban): math 21% / reading 32% proficiency, ranked #701 of 826 in TX (top 85%) — 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.
• Zoned schools: Castleberry El (math 17% / reading 26%, grade F, #3,470 of 4,322 statewide, top 81%, 747 students, 88% FRL) — zoned schools average 88% FRL vs 72% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents rising (+1.9%/yr); 153 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
• At $2,574/mo this rent would consume 50% of the median local household income ($62k/yr) (locally 1095% 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 5y ago 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 2.8% of price; built in 1954 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $225,000

Questions for the listing agent

1. Built in 1954 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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?
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: 1.14% ✓
• Cap rate: 7.58%
• Cash-on-cash: 4.61%
• DSCR: 1.21
• GRM: 7.3

CMA / ARV

• ARV (median comp): $225,000
• List price: $225,000
• Delta: —
• Verdict: FAIR
• Comps: 3 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5213 Scott Rd	0.54mi	3/2.0	2,002 (-4%)	2mo	$699,000	$349	66
5122 Slate St	0.42mi	3/2.5	2,236 (+7%)	1mo	$462,000	$207	66
314 Sunset Ln	0.33mi	3/2.5	1,907 (-9%)	15mo	$431,000	$226	56
5124 Scott Rd	0.48mi	3/2.0	2,311 (+11%)	8mo	$615,000	$266	54
720 Merritt St	0.71mi	4/2.5 (+1)	2,006 (-4%)	1mo	$460,000	$229	53
5220 Scott Rd	0.52mi	3/2.5	2,303 (+10%)	7mo	$600,000	$261	51
121 S Roberts Cut Off Rd	0.31mi	3/2.0	1,794 (-14%)	14mo	$399,999	$223	50
5120 Scott Rd	0.47mi	3/2.0	1,860 (-11%)	13mo	$575,000	$309	49
5512 Sam Calloway Rd	0.59mi	3/2.0	1,866 (-11%)	12mo	$345,000	$185	45
412 Hassett Ave	0.43mi	3/2.0	1,831 (-12%)	19mo	$355,000	$194	44
4332 Blackstone Dr	0.65mi	3/2.0	1,823 (-13%)	11mo	$299,000	$164	39
4662 Barbara Rd	0.71mi	4/2.5 (+1)	2,002 (-4%)	17mo	$385,000	$192	38

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 · 1.88% rent growth · sell at horizon

5-year hold

• IRR: -10.5%
• Equity multiple: 0.62×
• Total profit: $-23,732
• Equity at exit: $33,548

10-year hold

• IRR: -2.9%
• Equity multiple: 0.82×
• Total profit: $-11,581
• Equity at exit: $19,454

Cash invested: $63,000 (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 76114

• Home prices YoY: -24.3%
• Rents YoY: 1.9%
• Active inventory: 153
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,574 high
• Mortgage (P&I): −$1,180
• Tax from tax record: −$518 /mo · $6,213/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$541
• Net cashflow: $242

Break-even live

Break-even rent $2,268

Max offer price $225,000

Occupancy floor 86%

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: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Rent comps 31 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4921 White Settlement Rd Unit 4954 Fort Worth, TX	3.0	2.0	2031	$3,004	$1.48	2d	1	0.16mi
228 Athenia Dr Fort Worth, TX	3.0	1.0–2.0	1072	$2,420	$2.26	1d	22	0.30mi
315 Athenia Dr Fort Worth, TX	3.0	2.5	1581	$2,750	$1.74	2d	1	0.36mi
209 Westfork Dr Fort Worth, TX	4.0	3.0	1965	$2,495	$1.27	6d	1	0.40mi
216 Westfork Dr Fort Worth, TX	2.0	1.0	1496	$2,200	$1.47	44d	1	0.44mi
5204 Slate St Fort Worth, TX	3.0	2.5	2287	$3,200	$1.40	19d	1	0.46mi
5206 Slate Fort Worth, TX	3.0	2.5	2287	$3,200	$1.40	19d	1	0.46mi
5437 Sam Calloway Rd Fort Worth, TX	3.0	2.0	1960	$2,400	$1.22	19d	1	0.48mi
5437 Sam Calloway Rd Fort Worth, TX	3.0	2.0	1960	$2,400	$1.22	17d	1	0.48mi
4925 Scott Rd Fort Worth, TX	1.0–2.0	1.0–2.5	1226	$3,776	$3.08	1d	13	0.54mi
5000 Barbara Rd River Oaks, TX	3.0	2.0	2337	$2,250	$0.96	44d	1	0.63mi
623 Club Oak Dr River Oaks, TX	3.0	2.0	1874	$2,400	$1.28	19d	1	0.67mi
5549 Sam Calloway Rd Fort Worth, TX	3.0	2.0	1555	$2,500	$1.61	19d	1	0.71mi
636 Schieme St River Oaks, TX	2.0	1.0	1515	$1,545	$1.02	44d	1	0.72mi
920 Yale St River Oaks, TX	3.0	2.0	1686	$1,670	$0.99	24d	1	1.03mi
835 Stamps Ave Fort Worth, TX	4.0	2.5	1703	$2,200	$1.29	22d	1	1.12mi
5832 Tracyne Dr Westworth Village, TX	3.0	2.0	1450	$2,400	$1.66	24d	1	1.15mi
901 Washington Ter Fort Worth, TX	3.0	3.5	2492	$4,200	$1.69	10d	1	1.18mi
901 Washington Ter Fort Worth, TX	3.0	3.5	2492	$4,200	$1.69	6d	1	1.18mi
5860 Tracyne Dr Westworth Village, TX	3.0	1.5	1408	$2,100	$1.49	4d	1	1.23mi
5605 Baylor Ave River Oaks, TX	3.0	2.0	1800	$2,200	$1.22	44d	1	1.25mi
101 Lindenwood Dr Fort Worth, TX	3.0	2.0	2064	$3,895	$1.89	44d	1	1.26mi
5128 Tulane Ave River Oaks, TX	3.0	2.0	1482	$1,895	$1.28	5d	1	1.28mi
4700 Lafayette Ave Fort Worth, TX	4.0	2.5	2957	$4,200	$1.42	17d	1	1.37mi
4700 Lafayette Ave Fort Worth, TX	4.0	2.5	2733	$4,200	$1.54	44d	1	1.37mi
772 Fernwood St Fort Worth, TX	4.0	2.0	1513	$2,400	$1.59	24d	1	1.37mi
852 Northwood Rd Fort Worth, TX	3.0	2.0	1438	$2,845	$1.98	44d	1	1.37mi
1725 Ashland Ave Fort Worth, TX	3.0	2.5	2160	$3,100	$1.44	12d	1	1.45mi
2001 Saint Charles Pl Fort Worth, TX	3.0	3.0	2842	$9,500	$3.34	1d	1	1.46mi
6152 River Pointe Dr Fort Worth, TX	4.0	2.5	1748	$2,050	$1.17	7d	1	1.47mi
1310 Yale St River Oaks, TX	3.0	2.0	1726	$2,395	$1.39	24d	1	1.47mi

Listing history 8 events

1. 2026-05-18
   status Pending 1200-char remark
2. 2026-05-11
   listed $225,000 Active 1200-char remark
3. 2025-09-10
   price $285,000
4. 2025-09-10
   status Active
5. 2025-08-12
   listed $225,000 Active
6. 2021-11-29
   soldstatus Sold

   Show marketing remark (58 chars)

   Great opportunity for rehab project in hot River District.

7. 2021-11-10
   status Pending

   Show marketing remark (58 chars)

   Great opportunity for rehab project in hot River District.

8. 2021-11-03
   listed $225,000 Active

   Show marketing remark (58 chars)

   Great opportunity for rehab project in hot River District.

ⓘ 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: $6,213 · $518/mo
• Projected year-2 tax: $6,213 · $518/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 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $30,887
• − Mortgage interest: −$12,603
• − Property taxes: −$6,213
• − Insurance: −$1,125
• − Repairs & maintenance: −$2,471
• − Management: −$2,471
• − Depreciation: −$6,545
• Taxable loss: −$542
• Est. tax savings @ 24.0%: +$130
• After-tax cash flow: $3,034/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: Castleberry ISD
• NCES district ID: 4813170
• Math proficiency: 21% ▼ -17.00%
• Reading proficiency: 32% ▼ -5.00%
• Median HH income: $39,060
• Composite: 22.22/100
• National rank: #8152
• State rank: #701 of 826 in TX

Livability — Fort Worth

• Score: 80/100
• State rank: #49
• US rank: #1954

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Worth, TX
• County: Tarrant County · 2,033,669 people
• City population: 911,619
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 27,357
• Household income: $62,073
• Rent vs Own: 46.6% rent · 53.4% own
• Severe rent burden: 1095.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority Hispanic (61%)
• Race & ethnicity: Hispanic / Latino 61% White 35% Two or more races 20% Native American 3% Black 2%
• Hispanic origin (detail): Mexican 56%
• Common ancestry: Slovak 2% Italian 1% Serbian 1%
• Foreign-born: 17% · Canada
• Languages at home: 54% English-only · Spanish 45%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -117.88%
• Current HPI: 366.5263
• Rent YoY: ▲ 1.88%
• 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

+0.0% since first listed

9 events — show timeline

• 2026-06-01 Sold (MLS) — NTREIS
• 2026-05-18 Pending — NTREIS
• 2026-05-11 Listed $225,000 NTREIS
• 2025-09-10 Price Changed $285,000 NTREIS
• 2025-09-10 Relisted — NTREIS
• 2025-08-12 Listed $225,000 NTREIS
• 2021-11-29 Sold (MLS) — NTREIS
• 2021-11-10 Pending — NTREIS
• 2021-11-03 Listed $225,000 NTREIS

Property tax history

+8.9%/yr

Latest (2022): $6,213 · +37.5% YoY. Source: county tax records.