155 Chateau Dr · Fort Worth, TX 76134

$190,000

3 bd · 2.0 ba · 1,388 sqft · SingleFamily public records · 6 Days on market

Built 1964 7,754 sqft lot $137/sqft · 26% below area Est $258k · 26% under

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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 +18.0/30.0
• ARV discount +15.0/15.0
• DSCR +5.6/10.0
• 1% rule +5.1/10.0
• Livability +4.0/5.0
• Rent growth +3.1/5.0
• Condition / age +2.5/5.0
• Schools +2.3/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

GREAT FAMILY HOME LOCATED ON A BIG FENCED CUL DE SAC LOT RECENT UPDATES INCLUDE A NEWER HVAC SYSTEM, ROOF WITH NEW DECKING, HOT WATER & GAS STOVE, FRESH PAINT & NRE CARPET. BIG PICTURE WINDOW. NICE SIZED BEDROOM WITH 'CONTAINER STORE' CLOSETS.

Key facts

• Close to schools
• Spacious backyard
• Foundation work

Tags

• CUL-DE-SAC
• FOUNDATION WORK
• SPACIOUS BACKYARD
• CLOSE TO SCHOOLS
• CLOSE TO SHOPPING
• CLOSE TO MAJOR ROUTES

Property features AI

Finance

• Other: Property type: Residential — Single Family Residence; Subdivision: Hallmark Add; County: Tarrant
• Financial info: Listing available for cash or conventional financing; Second mortgage: none
• HOA & community: No homeowners association

Exterior

• Parking: Covered parking for 2 vehicles; Detached/driveway access; 2-car attached garage
• Security: Video surveillance noted for listing/visitors
• Utilities: City water; City sewer; No municipal utility district
• Home design: Single-family residence; Attached property; Single-story
• Construction: Built in 1964; Brick construction; Shingle roof; Slab foundation
• Exterior features: Fenced yard; Grassed vegetation; Cul-de-sac lot; Easements for utilities

Interior

• Kitchen: Gas oven; Gas range; Kitchen plumbed for gas
• Bedrooms: 3 bedrooms (all on main level); Primary bedroom with ensuite bath; Bedroom with built-in cabinets
• Flooring: Tile flooring
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Eat-in kitchen; One living area; One dining area; Room count: 3
• Laundry & utility: Washer hookup; Laundry area in garage

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $190k.

Deal economics

• At list price, monthly cash flow is $162 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $190k).
• Cap rate 7.3% 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.
• Everman ISD (suburban): math 21% / reading 32% proficiency, ranked #691 of 826 in TX (top 84%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: E Ray El (math 22% / reading 27%, grade F, #3,052 of 4,322 statewide, top 74%, 363 students, 91% FRL).
• Market conditions: Rents rising (+2.3%/yr); 120 active listings in the ZIP; 29 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 32% of the median local income ($71k/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 $6k 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 6 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 19y 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

• 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 $190,000

Questions for the listing agent

1. Built in 1964 — 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. 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?
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: 1.01% ✓
• Cap rate: 7.32%
• Cash-on-cash: 3.66%
• DSCR: 1.16
• GRM: 8.3

CMA / ARV

• ARV (median comp): $258,170
• List price: $190,000
• Delta: -26.41%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
205 Willow Creek Ln	0.39mi	3/2.0	1,373 (-1%)	7mo	$225,000	$164	74
7909 Natalie Dr	0.39mi	3/2.0	1,296 (-7%)	3mo	$235,000	$181	68
7937 Trimble Dr	0.46mi	3/2.0	1,294 (-7%)	4mo	$225,000	$174	64
104 Dupont Cir	0.59mi	3/1.5	1,338 (-4%)	10mo	$189,000	$141	56
241 Berkshire Ln	0.65mi	3/2.0	1,472 (+6%)	5mo	$254,900	$173	56
1249 Kielder Cir	0.71mi	3/2.0	1,456 (+5%)	4mo	$255,000	$175	56
7963 Southbrook Cir	0.30mi	3/2.0	1,585 (+14%)	9mo	$214,950	$136	55
340 Natchez Trce	0.67mi	3/1.5	1,485 (+7%)	9mo	$185,000	$125	48
317 Dakota Ridge Dr	0.70mi	3/2.0	1,553 (+12%)	1mo	$254,900	$164	47
101 S Valera Ct	0.66mi	3/2.0	1,563 (+13%)	6mo	$199,999	$128	44
6621 Sheridan Rd	0.75mi	3/2.0	1,501 (+8%)	11mo	$199,000	$133	42
1141 Wellesbourne Ln	0.71mi	4/2.0 (+1)	1,516 (+9%)	7mo	$255,900	$169	41

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 · 2.3% rent growth · sell at horizon

5-year hold

• IRR: -11.3%
• Equity multiple: 0.59×
• Total profit: $-21,737
• Equity at exit: $28,330

10-year hold

• IRR: -3.1%
• Equity multiple: 0.80×
• Total profit: $-10,825
• Equity at exit: $16,428

Cash invested: $53,200 (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 76134

• Home prices YoY: -6.9%
• Rents YoY: 2.3%
• Active inventory: 120
• Price-to-rent: 8.3×

Monthly cashflow live

• Estimated rent: $1,918 high
• Mortgage (P&I): −$996
• Tax from tax record: −$278 /mo · $3,332/yr
• Insurance: −$79
• HOA: −$0
• Vacancy / Maint / Mgmt: −$403
• Net cashflow: $162

Break-even live

Break-even rent $1,713

Max offer price $190,000

Occupancy floor 87%

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: $47,500
• Closing costs: $5,700
• Reserves months: —
• Total cash needed: —

Rent comps 29 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
204 Georgian Rd Fort Worth, TX	3.0	2.0	1820	$2,000	$1.10	44d	1	0.15mi
224 Chasmier Way Fort Worth, TX	3.0	2.0	1412	$1,800	$1.27	44d	1	0.46mi
361 Heirloom Dr Fort Worth, TX	4.0	2.0	1550	$1,899	$1.23	7d	1	0.46mi
105 DuPont Cir Fort Worth, TX	3.0	2.0	1236	$1,850	$1.50	5d	1	0.60mi
1127 Eloise Dr Fort Worth, TX	2.0	1.0–2.0	656	$1,911	$2.91	2d	12	0.63mi
348 Dakota Ridge Dr Fort Worth, TX	3.0	2.0	1517	$1,795	$1.18	17d	1	0.67mi
1131 Kielder Cir Fort Worth, TX	4.0	2.0	1513	$1,995	$1.32	44d	1	0.69mi
1116 Kielder Cir Fort Worth, TX	4.0	2.5	1779	$2,220	$1.25	5d	1	0.70mi
6608 South Fwy Fort Worth, TX	1.0–3.0	1.0–2.0	1047	$1,495	$1.43	2d	8	0.80mi
1301 Sycamore School Rd Fort Worth, TX	1.0–3.0	1.0–2.0	790	$1,578	$2.00	44d	4	0.89mi
1233 Steinburg Ln Fort Worth, TX	3.0	2.0	1391	$1,850	$1.33	44d	1	0.93mi
1253 Rosedale Springs Ln Fort Worth, TX	4.0	2.0	1757	$2,000	$1.14	13d	1	1.06mi
7511 Novella Dr Fort Worth, TX	3.0	2.0	1055	$1,495	$1.42	44d	1	1.07mi
7609 Novella Dr Fort Worth, TX	3.0	2.0	1100	$1,500	$1.36	25d	1	1.07mi
7513 Novella Dr Fort Worth, TX	3.0	2.0	1055	$1,495	$1.42	44d	1	1.07mi
7627 Novella Dr Fort Worth, TX	3.0	2.0	1400	$1,675	$1.20	5d	1	1.08mi
1405 Steinburg Ln Fort Worth, TX	3.0	2.0	1517	$1,706	$1.12	44d	1	1.10mi
7600 Novella Dr Unit 7600 Fort Worth, TX	3.0	2.0	1083	$1,625	$1.50	5d	1	1.10mi
7600 Novella Dr Unit 7602 Fort Worth, TX	3.0	2.0	1083	$1,700	$1.57	44d	1	1.10mi
8120 Camelot Rd Fort Worth, TX	3.0	2.0	1175	$1,765	$1.50	3d	1	1.13mi
7819 Novella Dr Unit 7817 Fort Worth, TX	3.0	2.0	1055	$1,475	$1.40	5d	1	1.16mi
7817 Novella Dr Fort Worth, TX	3.0	2.0	1055	$1,475	$1.40	5d	1	1.16mi
7251 Crowley Rd Fort Worth, TX	1.0–2.0	1.0–2.0	775	$1,415	$1.83	44d	12	1.24mi
1700 Willow Vale Dr Fort Worth, TX	3.0	2.0	1215	$1,795	$1.48	25d	1	1.24mi
1712 San Rafael St Fort Worth, TX	2.0	2.0	1040	$1,400	$1.35	13d	1	1.32mi
1808 Willow Vale Dr Fort Worth, TX	3.0	2.0	1500	$2,000	$1.33	5d	1	1.33mi
9004 Willoughby Ct Fort Worth, TX	3.0	2.0	1430	$1,965	$1.37	2d	1	1.38mi
1900 Wurzburg Dr Fort Worth, TX	4.0	2.0	1607	$1,800	$1.12	25d	1	1.40mi
1940 Willow Vale Dr Fort Worth, TX	3.0	2.0	1634	$2,125	$1.30	5d	1	1.49mi

Listing history 6 events

1. 2026-05-13
   listed $190,000 Active 979-char remark
2. 2008-03-05
   soldstatus
3. 2008-02-29
   soldstatus 255-char remark

   Show marketing remark (255 chars)

   GREAT FAMILY HOME LOCATED ON A BIG FENCED CUL DE SAC LOT RECENT UPDATES INCLUDE A NEWER HVAC SYSTEM, ROOF WITH NEW DECKING, HOT WATER & GAS STOVE, FRESH PAINT & NRE CARPET. BIG PICTURE WINDOW. NICE SIZED BEDROOM WITH 'CONTAINER STORE' CLOSETS.

4. 2008-02-06
   historical 255-char remark

   Show marketing remark (255 chars)

   GREAT FAMILY HOME LOCATED ON A BIG FENCED CUL DE SAC LOT RECENT UPDATES INCLUDE A NEWER HVAC SYSTEM, ROOF WITH NEW DECKING, HOT WATER & GAS STOVE, FRESH PAINT & NRE CARPET. BIG PICTURE WINDOW. NICE SIZED BEDROOM WITH 'CONTAINER STORE' CLOSETS.

5. 2007-08-20
   listed $86,900 255-char remark

   Show marketing remark (255 chars)

   GREAT FAMILY HOME LOCATED ON A BIG FENCED CUL DE SAC LOT RECENT UPDATES INCLUDE A NEWER HVAC SYSTEM, ROOF WITH NEW DECKING, HOT WATER & GAS STOVE, FRESH PAINT & NRE CARPET. BIG PICTURE WINDOW. NICE SIZED BEDROOM WITH 'CONTAINER STORE' CLOSETS.

6. 1989-01-30
   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: $3,332 · $278/mo
• Projected year-2 tax: $3,477 · $290/mo
• Expected delta: +$145/yr (+$12/mo · 4.3%)

ⓘ 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 ≥110°F today · 24 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 22% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,022
• − Mortgage interest: −$10,643
• − Property taxes: −$3,332
• − Insurance: −$950
• − Repairs & maintenance: −$1,842
• − Management: −$1,842
• − Depreciation: −$5,527
• Taxable loss: −$1,114
• Est. tax savings @ 24.0%: +$267
• After-tax cash flow: $2,216/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: Everman ISD
• NCES district ID: 4818810
• Math proficiency: 21% ▼ -18.00%
• Reading proficiency: 32% ▼ -4.00%
• Median HH income: $44,803
• Composite: 22.77/100
• National rank: #8027
• State rank: #691 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): 29,949
• Household income: $70,945
• Rent vs Own: 40.2% rent · 59.8% own
• Severe rent burden: 1539.0

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 0.68)
• Race & ethnicity: Hispanic / Latino 43% Black 31% Two or more races 21% White 19% Asian 4%
• Hispanic origin (detail): Mexican 38% Puerto Rican 1% Cuban 2%
• Common ancestry: Lithuanian 2% Italian 2% Portuguese 1%
• Foreign-born: 20% · Canada, Vietnam, Philippines
• Languages at home: 62% English-only · Spanish 31% Vietnamese 3% French/Haitian/Cajun 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: ▼ -23.91%
• Current HPI: 323.2306
• Rent YoY: ▲ 2.30%
• 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

+118.6% since first listed

7 events — show timeline

• 2026-05-19 Pending — NTREIS
• 2026-05-13 Listed $190,000 NTREIS
• 2008-03-05 Sold (Public Records) — Public Records
• 2008-02-29 Sold (MLS) — NTREIS
• 2008-02-06 Listing Removed — NTREIS
• 2007-08-20 Listed $86,900 NTREIS
• 1989-01-30 Sold (Public Records) — Public Records

Property tax history

+2.5%/yr

Latest (2025): $3,332 · -2.9% YoY. Source: county tax records.