617 June Dr · White Settlement, TX 76108

$150,000

4 bd · 2.0 ba · 1,892 sqft · SingleFamily public records · 2 Days on market

Built 1958 8,015 sqft lot

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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 +26.5/30.0
• DSCR +9.1/10.0
• 1% rule +8.5/10.0
• ARV discount +7.5/15.0
• Livability +3.7/5.0
• Schools +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Adorable brick home! Garage converted for additional living space! Large open rooms and enclosed rear back porch! Great sized backyard with TWO storage sheds! Buyer to verify all information contained herein prior to closing. Property is being sold subject to 24 CFR 206.125. Please allow 2-3 business days for seller response.

Key facts

• Enclosed back porch
• Spacious backyard
• 8,015 sq ft lot

Tags

• CONVERTED GARAGE SPACE
• ENCLOSED BACK PORCH
• SPACIOUS BACKYARD

Property features AI

Finance

• Other: Listing status: Active; Possession at closing/funding; Listing agreement: Exclusive right to sell
• Financial info: Loan type: Treat as clear; No second mortgage
• HOA & community: No association

Exterior

• Parking: Attached carport with 2 covered carport spaces
• Utilities: City water; City sewer; Not in a municipal utility district
• Home design: Single-family residence; One story; Property attached: Yes
• Construction: Built in 1958; Composition roof; Slab foundation
• Exterior features: Lot under 0.5 acre (approx. 0.184 acre); Subdivision: Mc Donnell Add

Interior

• Kitchen: Dishwasher
• Bedrooms: 4 bedrooms (Primary bedroom on level 1)
• Bathrooms: 3 total bathrooms (2 full, 1 half)
• Interior features: High speed internet available; One living area; One dining area; Total rooms: 3

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $399 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 9.5% vs local median 4.6% in White Settlement — 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 74/100 on livability (#188 in TX, #4,855 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities D+, employment D+, commute F.
• White Settlement ISD (rural): math 35% / reading 44% proficiency, ranked #396 of 826 in TX (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Liberty El (math 38% / reading 42%, grade F, #1,514 of 4,322 statewide, top 36%, 546 students, 81% FRL) — zoned schools average 81% FRL vs 49% district-wide (31 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: Rents soft (-0.2%/yr); 548 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
• This rent runs 30% of the median local income ($80k/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 $4k 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 2 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 13y 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 1958 — 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 $150,000

Questions for the listing agent

1. Built in 1958 — 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. 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.
6. 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.
7. 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: 1.35% ✓
• Cap rate: 9.48%
• Cash-on-cash: 11.39%
• DSCR: 1.51
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $340,560
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
617 June Dr	0.00mi	4/2.5	1,892 (0%)	0mo	$150,000	$79	98
8316 Sussex St	0.30mi	4/2.5	1,965 (+4%)	2mo	$380,000	$193	76
608 Perry Dr	0.26mi	3/2.0 (-1)	1,810 (-4%)	0mo	$310,000	$171	76
7920 Wilson Cliff Ct	0.31mi	3/2.0 (-1)	1,966 (+4%)	1mo	$325,000	$165	73
8425 Whitney Dr	0.48mi	4/2.0	1,864 (-2%)	10mo	$255,000	$137	67
815 Lake View Rdg	0.45mi	4/2.0	1,802 (-5%)	8mo	$325,000	$180	64
633 Kimbrough	0.09mi	3/2.0 (-1)	1,642 (-13%)	6mo	$325,000	$198	63
145 Wilson Cliff Dr	0.38mi	3/2.0 (-1)	2,032 (+7%)	3mo	$320,000	$157	62
409 Ralph St	0.72mi	4/2.0	1,842 (-3%)	2mo	$378,000	$205	60
311 Russell St	0.71mi	3/2.5 (-1)	1,851 (-2%)	7mo	$319,000	$172	51
8121 Raymond Ave	0.59mi	4/2.5	2,001 (+6%)	14mo	$389,000	$194	49
1022 Lake View Rdg	0.69mi	3/2.0 (-1)	1,718 (-9%)	1mo	$372,000	$217	46

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -3.1%
• Equity multiple: 0.89×
• Total profit: $-4,722
• Equity at exit: $22,365

10-year hold

• IRR: 2.4%
• Equity multiple: 1.15×
• Total profit: $6,172
• Equity at exit: $12,969

Cash invested: $42,000 (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 76108

• Home prices YoY: -32.5%
• Rents YoY: -0.2%
• Active inventory: 548
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $2,026 high
• Mortgage (P&I): −$787
• Tax from tax record: −$353 /mo · $4,234/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$425
• Net cashflow: $399

Break-even live

Break-even rent $1,521

Max offer price $150,000

Occupancy floor 75%

Sensitivity live

Price	-10% $484	-5% $441	+0% $399	+5% $356	+10% $314
Rent	-10% $239	-5% $319	+0% $399	+5% $479	+10% $559
Rate	-1.0pp $474	-0.5pp $437	base $399	+0.5pp $360	+1.0pp $320

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
720 Sandell Dr White Settlement, TX	3.0	2.0	1796	$1,795	$1.00	44d	1	0.12mi
640 Kimbrough St Fort Worth, TX	4.0	2.0	1394	$1,995	$1.43	19d	1	0.16mi
321 Meadow Park Dr White Settlement, TX	3.0	2.0	1400	$1,875	$1.34	44d	1	0.26mi
8112 Gibbs Dr Fort Worth, TX	3.0	2.0	1412	$1,850	$1.31	44d	1	0.32mi
923 Kimbrough St Fort Worth, TX	3.0	2.0	1362	$1,845	$1.35	44d	1	0.39mi
8136 Richard St Fort Worth, TX	4.0	2.0	1512	$1,745	$1.15	7d	1	0.49mi
7724 Longfield Dr Fort Worth, TX	3.0	2.0	1335	$1,995	$1.49	44d	1	0.59mi
8012 Chaparral Dr Fort Worth, TX	3.0	1.5	1226	$1,620	$1.32	21d	1	0.68mi
1208 Mirike Dr Fort Worth, TX	3.0	2.0	1750	$1,975	$1.13	21d	1	0.69mi
1517 Mary K Ln Unit A Fort Worth, TX	3.0	2.0	2456	$1,500	$0.61	2d	1	0.71mi
619 Allencrest Dr Fort Worth, TX	3.0	2.0	1322	$1,800	$1.36	24d	1	0.73mi
129 Allencrest Dr Fort Worth, TX	3.0	2.0	1424	$1,595	$1.12	7d	1	0.75mi
123 Allencrest Dr Fort Worth, TX	3.0	2.0	1424	$1,545	$1.08	2d	1	0.76mi
617 S Las Vegas Trl White Settlement, TX	3.0	2.0	1307	$1,585	$1.21	22d	1	0.76mi
225 West Pl Fort Worth, TX	3.0	2.0	1550	$2,400	$1.55	44d	1	0.79mi
8438 Jay St Fort Worth, TX	3.0	2.5	1394	$1,695	$1.22	7d	1	0.94mi
9208 Marilyn Dr Fort Worth, TX	3.0	2.0	1735	$2,100	$1.21	3d	1	1.14mi
9117 Nathan Dr Fort Worth, TX	3.0	2.0	1818	$1,950	$1.07	44d	1	1.15mi
734 Lariat Ln White Settlement, TX	3.0	2.0	1275	$1,750	$1.37	44d	1	1.23mi
9304 Marilyn Ct Fort Worth, TX	3.0	2.0	1486	$2,100	$1.41	44d	1	1.24mi
8225 Calmont Ave Fort Worth, TX	3.0	1.0–2.5	1075	$1,950	$1.81	6d	20	1.45mi

Listing history 8 events

1. 2026-05-31
   status $150,000 Pending 2 DOM
2. 2026-05-28
   listed $150,000 Active
3. 2013-05-16
   soldstatus Closed 327-char remark

   Show marketing remark (327 chars)

   Adorable brick home! Garage converted for additional living space! Large open rooms and enclosed rear back porch! Great sized backyard with TWO storage sheds! Buyer to verify all information contained herein prior to closing. Property is being sold subject to 24 CFR 206.125. Please allow 2-3 business days for seller response.

4. 2013-04-19
   status Pending 327-char remark

   Show marketing remark (327 chars)

   Adorable brick home! Garage converted for additional living space! Large open rooms and enclosed rear back porch! Great sized backyard with TWO storage sheds! Buyer to verify all information contained herein prior to closing. Property is being sold subject to 24 CFR 206.125. Please allow 2-3 business days for seller response.

5. 2013-04-04
   price $50,000 327-char remark

   Show marketing remark (327 chars)

   Adorable brick home! Garage converted for additional living space! Large open rooms and enclosed rear back porch! Great sized backyard with TWO storage sheds! Buyer to verify all information contained herein prior to closing. Property is being sold subject to 24 CFR 206.125. Please allow 2-3 business days for seller response.

6. 2013-04-04
   listed $80,000 Active 327-char remark

   Show marketing remark (327 chars)

   Adorable brick home! Garage converted for additional living space! Large open rooms and enclosed rear back porch! Great sized backyard with TWO storage sheds! Buyer to verify all information contained herein prior to closing. Property is being sold subject to 24 CFR 206.125. Please allow 2-3 business days for seller response.

7. 1991-05-03
   soldstatus
8. 1989-08-25
   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: $4,234 · $353/mo
• Projected year-2 tax: $4,234 · $353/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 2/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥108°F today · 23 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: $24,313
• − Mortgage interest: −$8,402
• − Property taxes: −$4,234
• − Insurance: −$750
• − Repairs & maintenance: −$1,945
• − Management: −$1,945
• − Depreciation: −$4,364
• Taxable income: $2,673
• Est. tax owed @ 24.0%: −$641
• After-tax cash flow: $4,142/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: White Settlement ISD
• NCES district ID: 4845540
• Math proficiency: 35% ▼ -10.00%
• Reading proficiency: 44% ▼ -4.00%
• Median HH income: $56,055
• Composite: 34.63/100
• National rank: #5151
• State rank: #396 of 826 in TX

Livability — White Settlement

• Score: 74/100
• State rank: #188
• US rank: #4855

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: White Settlement, TX
• County: Tarrant County · 2,033,669 people
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 45,537
• Household income: $80,412
• Rent vs Own: 29.4% rent · 70.6% own
• Severe rent burden: 774.0

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 0.62)
• Race & ethnicity: White 52% Hispanic / Latino 32% Two or more races 17% Black 8% Asian 3% Native American 1%
• Hispanic origin (detail): Mexican 26% Puerto Rican 1%
• Common ancestry: Slovak 2% Lithuanian 1% Romanian 1%
• Foreign-born: 11% · Canada, Vietnam
• Languages at home: 76% English-only · Spanish 21% Vietnamese 1% Tagalog/Filipino 1%

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: ▼ -141.39%
• Current HPI: 294.2459
• Rent YoY: ▼ -0.18%
• 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

+87.5% since first listed

7 events — show timeline

• 2026-05-28 Listed $150,000 NTREIS
• 2013-05-16 Sold (MLS) — NTREIS
• 2013-04-19 Pending — NTREIS
• 2013-04-04 Price Changed $50,000 NTREIS
• 2013-04-04 Listed $80,000 NTREIS
• 1991-05-03 Sold (Public Records) — Public Records
• 1989-08-25 Sold (Public Records) — Public Records

Property tax history

+5.1%/yr

Latest (2025): $4,234 · -23.6% YoY. Source: county tax records.