7047 Cottage Sq · Tyler, TX 75703

$362,900

4 bd · 3.0 ba · 2,036 sqft · SingleFamily · 81 Days on market

Built 2026 Good condition 2-car garage $178/sqft · 19% below area Est $450k · 19% 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).

• ARV discount +15.0/15.0
• Cash flow +10.8/30.0
• Schools +4.4/10.0
• Condition / age +4.0/5.0
• Livability +3.8/5.0
• 1% rule +3.2/10.0
• DSCR +3.1/10.0
• Rent growth +2.0/5.0
• Appreciation +0.0/10.0

Listing remarks

Some images shown may be from a previously built Stylecraft home of similar design. Actual options, colors, and selections may vary. Contact us for details! This 4 bedroom, 3 bath home is exactly what you've been looking for. Featuring a secondary bedroom suite, it's the perfect home for a multi-generational family, those looking for a private space for guests, or added privacy for one of your children. With walk-in closets in every bedroom and dual walk-in closets in the primary, you won't run out of storage space. Walk into your open concept living area, where you'll have more than enough room to cuddle up or host all of your friends and family.

Key facts

• 2 garage spots
• Built 2026
• Listed 80 days

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $363k. Condition is rated good.

Deal economics

• At list price, monthly cash flow is $-163 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $339k (6.5% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $297k (18.2% below list).
• Recommended offer: $297k (18.2% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 3.5% in Tyler — 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 75/100 on livability (#147 in TX, #4,181 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime D+, commute F.
• Tyler ISD (urban): math 39% / reading 38% proficiency, ranked #449 of 826 in TX (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Dr Bryan C Jack El (math 53% / reading 51%, grade C-, #742 of 4,322 statewide, top 19%, 685 students, 46% FRL); Three Lakes Middle (math 35% / reading 42%, grade F, #704 of 1,662 statewide, top 43%, 873 students, 64% FRL); Tyler Legacy H S (math 34% / reading 49%, grade F, #767 of 1,632 statewide, top 47%, 2,594 students, 58% FRL).
• Market conditions: Rents soft (-1.9%/yr); 811 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 71d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 595 units permitted in Smith County in 2024 (45 in 5+ unit buildings).
• This rent runs 45% of the median local income ($79k/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 $3k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Smith County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 81 days — a 6% lower offer ($341k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 62% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $296,769 (18.2% 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 81 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D 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: 0.82% ✗
• Cap rate: 5.75%
• Cash-on-cash: -1.93%
• DSCR: 0.91
• GRM: 10.2

CMA / ARV

• ARV (median comp): $450,000
• List price: $362,900
• Delta: -19.36%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
14219 Aliyah Ct	0.19mi	4/2.0	1,944 (-4%)	0mo	$394,900	$203	79
2248 Pinnacle Cir	0.36mi	4/2.5	2,077 (+2%)	0mo	$415,900	$200	78
11225 Chasewood Dr	0.37mi	3/2.0 (-1)	2,054 (+1%)	0mo	$295,000	$144	72
11213 Chasewood Dr	0.34mi	3/2.0 (-1)	2,034 (-0%)	7mo	$349,500	$172	69
14176 Lexi Ct	0.21mi	4/2.0	2,265 (+11%)	2mo	$450,000	$199	66
14121 Lexi Ct	0.22mi	4/2.0	2,258 (+11%)	7mo	$462,000	$205	62
6623 Tower Ct	0.37mi	4/3.0	2,213 (+9%)	12mo	$484,900	$219	58
7323 Lake Pointe Cv	0.28mi	3/2.5 (-1)	2,252 (+11%)	11mo	$475,000	$211	53
7505 Cross Gate Way	0.34mi	3/2.0 (-1)	2,157 (+6%)	24mo	$495,000	$229	45
11035 Oak Springs Cv	0.68mi	3/2.0 (-1)	1,740 (-14%)	0mo	$385,000	$221	35

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: -22.9%
• Equity multiple: 0.23×
• Total profit: $-77,868
• Equity at exit: $54,110

10-year hold

• IRR: -27.8%
• Equity multiple: -0.13×
• Total profit: $-114,639
• Equity at exit: $31,377

Cash invested: $101,612 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 22 active · 16 under contract
• Months of supply: 18.9 mo (5%/mo absorbed)
• Median asking: $399,900 ($202/sqft)
• Median days on market: 95 d
• This list price: 41% of active listings are priced below it
• ARV vs active asking: +9.6% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 75703

• Rents YoY: -1.9%
• Active inventory: 811
• Price-to-rent: 10.2×

Monthly cashflow live

• Estimated rent: $2,968 high
• Mortgage (P&I): −$1,903
• Tax est. 1.5%: −$454 /mo · $5,444/yr
• Insurance: −$151
• HOA: −$0
• Vacancy / Maint / Mgmt: −$623
• Net cashflow: $-163

Break-even live

Break-even rent $3,175

Max offer price $339,249

Occupancy floor —

Sensitivity live

Price	-10% $87	-5% $-38	+0% $-163	+5% $-289	+10% $-414
Rent	-10% $-398	-5% $-281	+0% $-163	+5% $-46	+10% $71
Rate	-1.0pp $19	-0.5pp $-71	base $-163	+0.5pp $-257	+1.0pp $-353

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: $90,725
• Closing costs: $10,887
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7517 Cross Gate Way Tyler, TX	3.0	2.5	2663	$4,200	$1.58	70d	1	0.31mi
2830 W Grande Blvd Tyler, TX	1.0–3.0	1.0–2.0	1170	$2,370	$2.03	62d	30	0.63mi
10801 Harvestwood Dr Tyler, TX	4.0	2.5	1964	$3,750	$1.91	62d	1	1.01mi
6622 Bendale Dr Tyler, TX	3.0	2.0	1825	$2,695	$1.48	93d	1	1.27mi
6618 Bendale Dr Tyler, TX	3.0	2.0	1825	$2,695	$1.48	93d	1	1.28mi

Property features AI

Finance

• Financial info: List price $362,900

Exterior

• Parking: 2 total parking spaces2-car garage
• Home design: Single-family property (Spec)Active listing
• Exterior features: Address: 7047 Cottage Sq, Tyler TX 75703

Interior

• Bedrooms: 4 bedrooms
• Bathrooms: 3 full bathrooms
• Interior features: Spec-built home (The 2082 plan)Living area of 2,036

Listing history 43 events

1. 2026-07-21
   days on market $362,900 Active 81 DOM
2. 2026-07-18
   days on market $362,900 Active 78 DOM
3. 2026-07-16
   days on market $362,900 Active 76 DOM
4. 2026-07-16
   days on market $362,900 Active 75 DOM
5. 2026-07-14
   days on market $362,900 Active 74 DOM
6. 2026-07-13
   days on market $362,900 Active 73 DOM
7. 2026-07-12
   days on market $362,900 Active 72 DOM
8. 2026-07-11
   days on market $362,900 Active 71 DOM
9. 2026-07-10
   days on market $362,900 Active 70 DOM
10. 2026-07-09
    days on market $362,900 Active 69 DOM
11. 2026-07-08
    days on market $362,900 Active 68 DOM
12. 2026-07-07
    days on market $362,900 Active 67 DOM
13. 2026-07-06
    days on market $362,900 Active 66 DOM
14. 2026-07-05
    days on market $362,900 Active 65 DOM
15. 2026-07-04
    days on market $362,900 Active 64 DOM
16. 2026-07-03
    days on market $362,900 Active 63 DOM
17. 2026-07-02
    days on market $362,900 Active 62 DOM
18. 2026-07-01
    days on market $362,900 Active 61 DOM
19. 2026-06-30
    days on market $362,900 Active 60 DOM
20. 2026-06-29
    days on market $362,900 Active 59 DOM
21. 2026-06-28
    days on market $362,900 Active 58 DOM
22. 2026-06-28
    days on market $362,900 Active 57 DOM
23. 2026-06-27
    days on market $362,900 Active 56 DOM
24. 2026-06-25
    days on market $362,900 Active 54 DOM
25. 2026-06-23
    days on market $362,900 Active 52 DOM
26. 2026-06-22
    days on market $362,900 Active 51 DOM
27. 2026-06-19
    days on market $362,900 Active 49 DOM
28. 2026-06-18
    days on market $362,900 Active 48 DOM
29. 2026-06-17
    days on market $362,900 Active 47 DOM
30. 2026-06-16
    days on market $362,900 Active 46 DOM
31. 2026-06-15
    days on market $362,900 Active 45 DOM
32. 2026-06-14
    days on market $362,900 Active 43 DOM
33. 2026-06-13
    days on market $362,900 Active 42 DOM
34. 2026-06-10
    days on market $362,900 Active 40 DOM
35. 2026-06-09
    days on market $362,900 Active 39 DOM
36. 2026-06-08
    days on market $362,900 Active 38 DOM
37. 2026-06-07
    days on market $362,900 Active 37 DOM
38. 2026-06-05
    days on market $362,900 Active 34 DOM
39. 2026-06-02
    days on market $362,900 Active 32 DOM
40. 2026-06-01
    days on market $362,900 Active 31 DOM
41. 2026-05-31
    days on market $362,900 Active 30 DOM
42. 2026-05-30
    days on market $362,900 Active 29 DOM
43. 2026-05-01
    listed $362,900 Active 655-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 62% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,612
• − Mortgage interest: −$20,328
• − Property taxes: −$5,444
• − Insurance: −$1,814
• − Repairs & maintenance: −$2,849
• − Management: −$2,849
• − Depreciation: −$10,557
• Taxable loss: −$8,229
• Est. tax savings @ 24.0%: +$1,975
• After-tax cash flow: $14/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.

Condition & rehab AI · 13 photos

Good 80/100 Cosmetic rehab Est. rehab $10,180–$30,540 screening

This well-maintained, modern home with a good condition score is ready for a new owner. It features a spacious layout, updated kitchens and bathrooms, and a good exterior. Minor updates like painting the exterior and replacing the carpet can significantly enhance its resale and rental value.

Value-add opportunities

• Resale Paint exterior — Enhances curb appeal ↑
• Both Replace carpet in bedrooms — Improves comfort and appearance ↑
• Both Install smart home devices — Enhances convenience and marketability ↑

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 44/100

Zoned Schools

Elementary Dr Bryan C Jack El C- TX #742/4,322 Nat'l #11,263/41,679 Middle Three Lakes Middle F TX #704/1,662 Nat'l #6,453/14,009 High Tyler Legacy H S F TX #767/1,632 Nat'l #7,907/17,239

Schools (NCES district)

• District: Tyler ISD
• NCES district ID: 4843470
• Math proficiency: 39% ▼ -4.00%
• Reading proficiency: 38% ▼ -1.00%
• Median HH income: $44,090
• Composite: 32.69/100
• National rank: #5650
• State rank: #449 of 826 in TX

B Composite livability gradescore 75/100

Livability — Tyler

• Score: 75/100
• State rank: #147
• US rank: #4181

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Smith County · 248,890 people
• City population: 127,842
• Metro: Tyler, TX
• Population (ZIP): 46,039
• Household income: $79,194
• Rent vs Own: 42.9% rent · 57.1% own
• Severe rent burden: 12% of renters

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Population outlook (Smith County) Hauer SSP2

• Today (2025): 248,890 people
• By 2030: 261,665 · +5.1%
• By 2040: 286,114 · +15.0%
• By 2050: 308,006 · +23.8%
• By 2075: 354,171 · +42.3%
• By 2100: 372,828 · +49.8%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (66%)
• Race & ethnicity: White 66% Black 17% Hispanic / Latino 10% Two or more races 7% Asian 4%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Slovak 3% Italian 2% Lithuanian 2%
• Foreign-born: 7% · Canada, China, Vietnam
• Languages at home: 89% English-only · Spanish 6% Other Indo-European 1% Tagalog/Filipino 1%

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Political lean MEDSL · Smith

• 2024 margin: Solid R (+45.1) · D 27.0% · R 72.1%
• 2008→2024 swing: -5.6pp toward R · 2008: -39.5pp · 2024: -45.1pp
• All cycles: 2024: R+45.1 2020: R+39.4 2016: R+43.9 2012: R+46.9 2008: R+39.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -218.79%
• Current HPI: 182.3842
• Rent YoY: ▼ -1.95%
• Metro: Tyler, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

Property features AI

Finance

• Financial info: List price $362,900

Exterior

• Parking: 2 total parking spaces2-car garage
• Home design: Single-family property (Spec)Active listing
• Exterior features: Address: 7047 Cottage Sq, Tyler TX 75703

Interior

• Bedrooms: 4 bedrooms
• Bathrooms: 3 full bathrooms
• Interior features: Spec-built home (The 2082 plan)Living area of 2,036