4718 Fossil Dr · Haltom City, TX 76117

$100,000

3 bd · 1.0 ba · 816 sqft · SingleFamily public records · 3 Days on market

Built 1949 0.25 ac lot Est $186k · 46% under

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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
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.4/10.0
• Rent growth +4.5/5.0
• Schools +3.7/10.0
• Livability +3.3/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Investor special on a big corner lot. Beautiful mature shade trees. 2 bedroom 1 bath in need of repairs. Easy access to Loop 820 and I-35W. Located between Dallas and Fort Worth in the Haltom city area.

Key facts

• Easy access to i-35w
• Mature shade trees
• Corner lot

Tags

• CORNER LOT
• MATURE SHADE TREES
• EASY ACCESS TO LOOP 820
• EASY ACCESS TO I-35W
• HALTOM CITY AREA

Property features AI

Finance

• Financial info: Listing terms: Cash; Loan type: Treat As Clear; No second mortgage indicated
• HOA & community: No association

Exterior

• Parking: Driveway parking (no garage or covered/carport spaces)
• Utilities: City water; City sewer; No municipal utility district
• Home design: Single family residence; One story; Residential property
• Construction: Built in 1949; Siding construction; Composition roof; Pillar/post/pier foundation
• Exterior features: Front porch; Wood fencing; Corner lot with many trees

Interior

• Kitchen: No appliances included
• Bedrooms: 2 bedrooms (Primary bedroom on main level)
• Flooring: Laminate flooring; Wood flooring
• Bathrooms: 1 full bathroom
• Interior features: Eat-in kitchen; One living area; One dining area; Total of 2 rooms
• Laundry & utility: No laundry appliances listed

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $476 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $100k).
• Cap rate 12.0% vs local median 4.3% in Haltom City — 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 66/100 on livability (#644 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D+, amenities F, commute F.
• Birdville ISD (suburban): math 42% / reading 43% proficiency, ranked #299 of 826 in TX (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: West Birdville El (math 33% / reading 26%, grade F, #2,525 of 4,322 statewide, top 62%, 694 students, 89% FRL) — zoned schools average 89% FRL vs 48% district-wide (41 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 30% at this address vs 42% district-wide (-13 pts) — the specific schools serving this property underperform the Birdville ISD average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+7.9%/yr); 125 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals leasing fast (median 13d on market — plan ~1-2 weeks tenant-placement turnaround); 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
• This rent runs 34% of the median local income ($52k/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 $691 of loan paydown is wiped out by about $3k 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.
• At projected returns (-3.0% appreciation + 7.9% rent growth), your $28k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1949 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $100,000

Questions for the listing agent

1. Built in 1949 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.44% ✓
• Cap rate: 12.01%
• Cash-on-cash: 20.41%
• DSCR: 1.91
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $186,048
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
3405 Eastridge Dr	0.45mi	2/1.0 (-1)	853 (+4%)	7mo	$175,000	$205	61
3100 Eastridge Dr	0.43mi	3/1.5	917 (+12%)	3mo	$214,900	$234	55
2320 Harris Ln	0.62mi	2/1.0 (-1)	878 (+8%)	10mo	$199,900	$228	45
3309 Eastridge Dr	0.42mi	2/1.0 (-1)	910 (+12%)	15mo	$169,900	$187	44
2921 Eastridge Dr	0.57mi	2/1.0 (-1)	784 (-4%)	22mo	$179,000	$228	43
4305 Mckibben St	0.71mi	2/1.0 (-1)	756 (-7%)	9mo	$199,999	$265	42
2104 Oakwood St	0.67mi	2/1.0 (-1)	788 (-3%)	20mo	$145,000	$184	41
4308 Patricia St	0.73mi	3/1.0	909 (+11%)	8mo	$167,000	$184	40
3305 Rita Ln	0.69mi	2/1.0 (-1)	768 (-6%)	24mo	$205,000	$267	33
2238 Minnie St	0.69mi	2/1.0 (-1)	920 (+13%)	19mo	$210,000	$228	26

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 · 7.89% rent growth · sell at horizon

5-year hold

• IRR: 18.0%
• Equity multiple: 1.77×
• Total profit: $21,577
• Equity at exit: $14,910

10-year hold

• IRR: 29.6%
• Equity multiple: 4.27×
• Total profit: $91,696
• Equity at exit: $8,646

Cash invested: $28,000 (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 76117

• Home prices YoY: -23.9%
• Rents YoY: 7.9%
• Active inventory: 125
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $1,443 high
• Mortgage (P&I): −$524
• Tax from tax record: −$98 /mo · $1,177/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$303
• Net cashflow: $476

Break-even live

Break-even rent $841

Max offer price $100,000

Occupancy floor 62%

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: $25,000
• Closing costs: $3,000
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3301 Aurora St Unit D Haltom City, TX	2.0	1.5	1120	$1,600	$1.43	24d	1	0.61mi
3301 Aurora St Unit B Haltom City, TX	2.0	1.5	1116	$1,500	$1.34	2d	1	0.61mi
3301 Aurora St Haltom City, TX	2.0	1.5	1120	$1,600	$1.43	43d	1	0.61mi
3301 Aurora St Haltom City, TX	2.0	1.0	1120	$1,600	$1.43	24d	1	0.61mi
5501 Adams Dr Haltom City, TX	2.0	1.0	889	$1,215	$1.37	12d	1	0.66mi
5501 Adams Dr Haltom City, TX	2.0	1.0	889	$1,215	$1.37	11d	1	0.66mi
5501 Adams Dr Haltom City, TX	3.0	2.0	1125	$1,580	$1.40	11d	1	0.66mi
5501 Adams Dr Haltom City, TX	3.0	2.0	1125	$1,560	$1.39	3d	1	0.66mi
5501 Adams Dr Haltom City, TX	2.0	1.0	889	$1,215	$1.37	3d	1	0.66mi
5501 Adams Dr Haltom City, TX	2.0	1.0	889	$1,250	$1.41	43d	1	0.66mi
4233 Voncille St Haltom City, TX	3.0	1.0	1085	$1,740	$1.60	15d	1	0.88mi
2104 Kings Ave Haltom City, TX	2.0	1.0	1069	$1,600	$1.50	43d	1	0.94mi
4812 Waldemar St Haltom City, TX	1.0–3.0	1.0–2.0	856	$1,575	$1.84	5d	8	0.97mi
1912 Bernice St Unit B Haltom City, TX	2.0	1.5	950	$1,100	$1.16	5d	1	1.05mi
1912 Bernice St Unit D Haltom City, TX	2.0	1.5	879	$1,100	$1.25	43d	1	1.05mi
3736 Layton Ave Haltom City, TX	3.0	1.5	1100	$1,600	$1.45	43d	1	1.12mi
1723 Oak Knoll Dr Unit 6 Haltom City, TX	2.0	1.0	700	$1,049	$1.50	6d	1	1.16mi
1723 Oak Knoll Dr Unit 5 Haltom City, TX	3.0	1.0	821	$1,199	$1.46	6d	1	1.16mi
1410 Joplin St Haltom City, TX	2.0	1.0	816	$1,595	$1.95	43d	1	1.40mi
5100 Herrick Ct Haltom City, TX	2.0	2.0	901	$1,075	$1.19	6d	1	1.41mi
2211 Barbell Ln Fort Worth, TX	2.0	1.0	718	$1,295	$1.80	43d	1	1.42mi

Listing history 4 events

1. 2026-06-07
   statusdays on market $100,000 Pending 3 DOM
2. 2026-06-04
   days on market $100,000 Active 2 DOM
3. 2026-06-03
   remarks 202-char remark
4. 2026-06-03
   listed $100,000 Active 1 DOM

ⓘ 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: $1,177 · $98/mo
• Projected year-2 tax: $1,830 · $152/mo
• Expected delta: +$653/yr (+$54/mo · 55.5%)

ⓘ 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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,321
• − Mortgage interest: −$5,602
• − Property taxes: −$1,177
• − Insurance: −$500
• − Repairs & maintenance: −$1,386
• − Management: −$1,386
• − Depreciation: −$2,909
• Taxable income: $4,362
• Est. tax owed @ 24.0%: −$1,047
• After-tax cash flow: $4,667/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: Birdville ISD
• NCES district ID: 4810230
• Math proficiency: 42% ▼ -12.00%
• Reading proficiency: 43% ▼ -6.00%
• Median HH income: $55,930
• Composite: 37.13/100
• National rank: #4491
• State rank: #299 of 826 in TX

Livability — Haltom City

• Score: 66/100
• State rank: #644
• US rank: #12214

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Haltom City, TX
• County: Tarrant County · 2,033,669 people
• City population: 32,950
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 32,950
• Household income: $51,670
• Rent vs Own: 50.0% rent · 50.0% own
• Severe rent burden: 1105.0

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: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 46% White 38% Two or more races 18% Asian 7% Black 6%
• Hispanic origin (detail): Mexican 42% Puerto Rican 1%
• Common ancestry: Italian 2% Serbian 1% Lithuanian 1%
• Foreign-born: 24% · Canada, Vietnam
• Languages at home: 56% English-only · Spanish 36% Other Asian/Pacific 4% Vietnamese 2%

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: ▼ -103.25%
• Current HPI: 328.69
• Rent YoY: ▲ 7.89%
• 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

1 event — show timeline

• 2026-06-02 Listed $100,000 NTREIS

Property tax history

+3.8%/yr

Latest (2025): $1,177 · -2.4% YoY. Source: county tax records.