242 Kings Row Ln · Jarrell, TX
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
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- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
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).
- Cash flow +10.8/30.0
- ARV discount +9.5/15.0
- Condition / age +4.8/5.0
- 1% rule +3.8/10.0
- Livability +3.6/5.0
- DSCR +3.1/10.0
- Schools +2.6/10.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$199,990
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
The Gerson - This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining. An owner’s suite enjoys a private location at the front of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms just off the main living areas, which are comfortable spaces for household members and overnight guests. Photos are for illustrative purposes only. Estimated Completion March 2026. Estimated Completion March 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.
Key facts
- Walk-in closet
- Open floorplan
- Secondary bedrooms
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $200k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-91 ($-1k/yr) — negative.
- To cash-flow at today's rent, offer at most $187k (6.6% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $176k (12.0% below list).
- Recommended offer: $176k (12.0% below list) — sets the bar for market timing.
- Cap rate 5.7% vs local median 4.7% in Jarrell — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 71/100 on livability (#313 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: amenities F, commute F.
- Jarrell ISD (rural): math 19% / reading 28% proficiency, ranked #713 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
- Zoned schools: Jarrell El (math 19% / reading 27%, grade F, #3,277 of 4,322 statewide, top 77%, 785 students, 62% FRL); Jarrell Middle (math 21% / reading 29%, grade F, #1,258 of 1,662 statewide, top 77%, 741 students, 64% FRL); Jarrell H S (math 22% / reading 37%, grade F, #1,112 of 1,632 statewide, top 70%, 868 students, 58% FRL).
- Market conditions: Rents soft (-1.7%/yr); 915 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 92% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 7,543 units permitted in Williamson County in 2024 (1,425 in 5+ unit buildings).
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.
- Williamson County population projected at +69% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 205 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts; this cycle's ask is 12598% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Questions for the listing agent
- 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?
- It's been on market 205 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- 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?
- 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.
- 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.
- 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
- 0.88% ✗
- Cap rate
- 5.75%
- Cash-on-cash
- -1.95%
- DSCR
- 0.91
- GRM
- 9.5
CMA / ARV
- ARV (median comp)
- $209,120
- List price
- $199,990
- Delta
- -4.37%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 468 Jones Beach Ln | 0.05mi | 3/2.0 | 1,354 (0%) | 2mo | $220,990 | $163 | 96 |
| 420 Jones Beach Ln | 0.09mi | 3/2.0 | 1,354 (0%) | 2mo | $217,990 | $161 | 94 |
| 510 Jones Beach Cv | 0.11mi | 3/2.0 | 1,411 (+4%) | 2mo | $212,990 | $151 | 86 |
| 120 Cattle Queen Rd | 0.19mi | 3/2.0 | 1,411 (+4%) | 0mo | $229,990 | $163 | 84 |
| 513 Texas Angel Way | 0.26mi | 3/2.0 | 1,411 (+4%) | 0mo | $239,990 | $170 | 81 |
| 444 Jones Beach Ln | 0.05mi | 3/2.0 | 1,213 (-10%) | 2mo | $188,990 | $156 | 78 |
| 512 Texas Angel Way | 0.29mi | 3/2.0 | 1,276 (-6%) | 1mo | $195,000 | $153 | 76 |
| 473 Jones Beach Ln | 0.09mi | 4/2.0 (+1) | 1,483 (+10%) | 1mo | $207,249 | $140 | 74 |
| 405 Jones Beach Ln | 0.13mi | 4/2.0 (+1) | 1,483 (+10%) | 2mo | $212,990 | $144 | 71 |
| 518 Mccloud Ct | 0.20mi | 3/2.0 | 1,192 (-12%) | 1mo | $169,999 | $143 | 70 |
| 308 Rancho Del Cielo Loop | 0.21mi | 4/2.0 (+1) | 1,483 (+10%) | 1mo | $208,749 | $141 | 69 |
| 112 Hasty Heart Ct | 0.33mi | 4/2.0 (+1) | 1,500 (+11%) | 0mo | $219,990 | $147 | 62 |
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
- IRR
- -23.2%
- Equity multiple
- 0.23×
- Total profit
- $-43,284
- Equity at exit
- $29,819
- IRR
- -29.7%
- Equity multiple
- -0.16×
- Total profit
- $-64,750
- Equity at exit
- $17,291
Cash invested: $55,997 (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
Active competition Active MLS
- For sale now
- 52 active · 35 under contract
- Months of supply
- 6.5 mo (15%/mo absorbed)
- Median asking
- $215,250 ($143/sqft)
- Median days on market
- 44 d
- This list price
- 17% of active listings are priced below it
- ARV vs active asking
- +7.8% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 76537
- Home prices YoY
- -14.4%
- Rents YoY
- -1.7%
- Active inventory
- 915
- Price-to-rent
- 9.5×
Monthly cashflow live
- Estimated rent
- $1,761 high interval (Pro) →
- Mortgage (P&I)
- −$1,049
- Tax est. 1.5%
- −$250 /mo · $3,000/yr
- Insurance
- −$83
- HOA
- −$100
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$370
- Net cashflow
- $-91
Break-even live
Sensitivity live
| Price | -10% $47 | -5% $-22 | +0% $-91 | +5% $-160 | +10% $-229 |
|---|---|---|---|---|---|
| Rent | -10% $-230 | -5% $-161 | +0% $-91 | +5% $-22 | +10% $48 |
| Rate | -1.0pp $10 | -0.5pp $-40 | base $-91 | +0.5pp $-143 | +1.0pp $-196 |
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
- $49,998
- Closing costs
- $6,000
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 13 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 516 Rancho del Cielo Loop Jarrell, TX | 3.0 | 2.0 | 1274 | $1,700 | $1.33 | 93d | 1 | 0.20mi |
| 133 Texas Angel Way Jarrell, TX | 3.0 | 2.0 | 1230 | $1,500 | $1.22 | 73d | 1 | 0.21mi |
| 136 Texas Angel Way Jarrell, TX | 3.0 | 2.0 | 1450 | $1,550 | $1.07 | 53d | 1 | 0.22mi |
| 136 Texas Angel Way Jarrell, TX | 3.0 | 2.0 | 1450 | $1,495 | $1.03 | 93d | 1 | 0.22mi |
| 337 Rancho del Cielo Loop Georgetown, TX | 3.0 | 2.0 | 1411 | $1,535 | $1.09 | 69d | 1 | 0.23mi |
| 544 Rancho del Cielo Loop Georgetown, TX | 4.0 | 2.0 | 1606 | $1,800 | $1.12 | 93d | 1 | 0.25mi |
| 308 Rancho del Cielo Loop Jarrell, TX | 4.0 | 2.0 | 1483 | $1,745 | $1.18 | 17d | 1 | 0.25mi |
| 564 Rancho del Cielo Loop Jarrell, TX | 3.0 | 2.0 | 1266 | $1,600 | $1.26 | 52d | 1 | 0.28mi |
| 128 Burt Rainey Ln Jarrell, TX | 3.0 | 2.0 | 1213 | $1,750 | $1.44 | 34d | 1 | 0.31mi |
| 128 Hasty Heart Ct Jarrell, TX | 4.0 | 2.0 | 1606 | $1,750 | $1.09 | 41d | 1 | 0.34mi |
| 128 Hasty Heart Ct Jarrell, TX | 4.0 | 2.0 | 1606 | $1,750 | $1.09 | 47d | 1 | 0.34mi |
| 856 Rancho del Cielo Loop Jarrell, TX | 3.0 | 2.0 | 1447 | $1,600 | $1.11 | 93d | 1 | 0.43mi |
| 253 Tugboat Annie Way Jarrell, TX | 3.0 | 2.0 | 1380 | $1,495 | $1.08 | 64d | 1 | 0.50mi |
Listing history 50 events
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2026-08-08days on market $199,990 Active 205 DOM
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2026-08-06days on market $199,990 Active 203 DOM
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2026-08-05days on market $199,990 Active 202 DOM
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2026-08-04days on market $199,990 Active 201 DOM
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2026-08-03days on market $199,990 Active 200 DOM
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2026-07-31days on market $199,990 Active 197 DOM
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2026-07-30days on market $199,990 Active 196 DOM
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2026-07-30days on market $199,990 Active 195 DOM
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2026-07-28days on market $199,990 Active 194 DOM
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2026-07-26days on market $199,990 Active 192 DOM
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2026-07-24days on market $199,990 Active 190 DOM
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2026-07-23days on market $199,990 Active 189 DOM
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2026-07-22days on market $199,990 Active 188 DOM
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2026-07-21days on market $199,990 Active 187 DOM
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2026-07-20days on market $199,990 Active 186 DOM
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2026-07-18days on market $199,990 Active 184 DOM
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2026-07-18days on market $199,990 Active 183 DOM
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2026-07-16days on market $199,990 Active 182 DOM
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2026-07-15days on market $199,990 Active 181 DOM
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2026-07-14days on market $199,990 Active 180 DOM
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2026-07-13days on market $199,990 Active 179 DOM
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2026-07-13days on market $199,990 Active 178 DOM
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2026-07-11days on market $199,990 Active 177 DOM
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2026-07-10days on market $199,990 Active 176 DOM
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2026-07-09days on market $199,990 Active 175 DOM
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2026-07-07days on market $199,990 Active 173 DOM
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2026-07-06days on market $199,990 Active 172 DOM
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2026-07-05days on market $199,990 Active 171 DOM
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2026-07-03days on market $199,990 Active 169 DOM
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2026-07-02days on market $199,990 Active 168 DOM
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2026-07-01days on market $199,990 Active 167 DOM
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2026-06-30days on market $199,990 Active 166 DOM
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2026-06-29days on market $199,990 Active 165 DOM
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2026-06-28days on market $199,990 Active 164 DOM
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2026-06-27days on market $199,990 Active 163 DOM
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2026-06-26days on market $199,990 Active 162 DOM
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2026-06-24days on market $199,990 Active 160 DOM
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2026-06-22days on market $199,990 Active 158 DOM
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2026-06-21days on market $199,990 Active 157 DOM
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2026-06-18days on market $199,990 Active 154 DOM
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2026-06-17days on market $199,990 Active 153 DOM
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2026-06-16days on market $199,990 Active 152 DOM
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2026-06-15days on market $199,990 Active 151 DOM
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2026-06-13days on market $199,990 Active 149 DOM
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2026-06-09days on market $199,990 Active 145 DOM
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2026-06-08days on market $199,990 Active 144 DOM
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2026-06-07days on market $199,990 Active 143 DOM
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2026-06-04days on market $199,990 Active 140 DOM
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2026-06-03days on market $199,990 Active 139 DOM
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2026-06-02days on market $199,990 Active 138 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $21,128
- − Mortgage interest
- −$11,203
- − Property taxes
- −$3,000
- − Insurance
- −$1,000
- − Repairs & maintenance
- −$1,690
- − Management
- −$1,690
- − HOA
- −$1,200
- − Depreciation
- −$5,818
- Taxable loss
- −$4,473
- Est. tax savings @ 24.0%
- +$1,073
- After-tax cash flow
- $-20/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 · 12 photos
This single-level home showcases a spacious open floorplan with a good condition exterior and interior. It is move-in ready with minimal maintenance required.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — Well-maintained landscaping can improve curb appeal and add value. ↑
- Rental HVAC maintenance — A well-maintained HVAC system can attract tenants and reduce utility costs. ↑
Zoned Schools
Schools (NCES district)
- District
- Jarrell ISD
- NCES district ID
- 4824600
- Math proficiency
- 19% ▼ -18.00%
- Reading proficiency
- 28% ▼ -5.00%
- Median HH income
- $57,132
- Composite
- 21.47/100
- National rank
- #8335
- State rank
- #713 of 826 in TX
Livability — Jarrell
- Score
- 71/100
- State rank
- #313
- US rank
- #7020
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Williamson County · 699,027 people
- City population
- 16,272
- Metro
- Austin-Round Rock-Georgetown, TX
- Population (ZIP)
- 16,272
- Household income
- $98,199
- Rent vs Own
- Severe rent burden
- 6% of renters
Population outlook (Williamson County) Hauer SSP2
- Today (2025)
- 699,027 people
- By 2030
- 795,537 · +13.8%
- By 2040
- 990,683 · +41.7%
- By 2050
- 1,184,292 · +69.4%
- By 2075
- 1,623,825 · +132.3%
- By 2100
- 1,924,153 · +175.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.63)
- Race & ethnicity
- White 48% Hispanic / Latino 36% Two or more races 14% Black 7% Asian 4%
- Hispanic origin (detail)
- Mexican 30% Puerto Rican 5%
- Common ancestry
- Romanian 3% Italian 2% Slovak 1%
- Foreign-born
- 13% · Canada, Vietnam
- Languages at home
- 69% English-only · Spanish 26% Chinese 2% French/Haitian/Cajun 1%
Political lean MEDSL · Williamson
- 2024 margin
- Toss-up / Even · D 48.0% · R 50.4% · Other 1.6%
- 2008→2024 swing
- +10.6pp toward D · 2008: -13.0pp · 2024: -2.5pp
- All cycles
- 2024: R+2.5 2020: D+1.4 2016: R+9.9 2012: R+21.5 2008: R+13.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -31.03%
- Current HPI
- 184.8935
- Rent YoY
- ▼ -1.73%
- Metro
- Austin-Round Rock-Georgetown, 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 |
|
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-99.2% since first listed12 events — show timeline
- 2026-04-13 Rental Removed $1,575 APPFOLIO
- 2026-04-10 Listed for Rent $1,575 APPFOLIO
- 2026-04-09 Rental Removed $1,575 ACTRIS
- 2026-03-28 Price Changed $1,575 ACTRIS
- 2026-03-25 Listed for Rent $1,600 ACTRIS
- 2026-03-25 Rental Removed $1,600 APPFOLIO
- 2026-03-24 Listed for Rent $1,600 APPFOLIO
- 2026-02-06 Price Changed $199,990 Unlock MLS
- 2026-02-02 Relisted — Unlock MLS
- 2026-01-27 Pending — Unlock MLS
- 2026-01-17 Price Changed $213,990 Unlock MLS
- 2026-01-09 Listed $209,990 Unlock MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…