613 E 14th St · Wolfforth, TX 79382

$223,000

3 bd · 2.0 ba · 1,299 sqft · SingleFamily public records · 21 Days on market

Built 2024 5,500 sqft lot ↓ 3% since listing

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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).

• Appreciation +10.0/10.0
• ARV discount +7.5/15.0
• Cash flow +6.6/30.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• 1% rule +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.9/10.0

Listing remarks

Welcome to 613 E 14th Street — a beautiful home located in the brand new Overlook neighborhood in Wolfforth and within the highly desirable Frenship ISD. This inviting 3-bedroom, 2-bathroom home offers a modern open-concept layout designed for both comfortable everyday living and effortless entertaining. Step inside to a bright and welcoming living area filled with natural light, seamlessly flowing into the kitchen and dining spaces. The kitchen features ample cabinet storage, generous counter space, and a functional layout that keeps you connected whether you're hosting guests or enjoying a quiet night at home. The well-sized bedrooms provide flexibility for family, guests, or a home

Key facts

• Well-sized bedrooms
• Bright living area
• Frenship isd

Tags

• FRENSHIP ISD
• MODERN OPEN-CONCEPT LAYOUT
• BRIGHT LIVING AREA
• AMPLE CABINET STORAGE
• GENEROUS COUNTER SPACE
• WELL-SIZED BEDROOMS

Property features AI

Exterior

• Parking: Attached garage; 2 garage spaces
• Home design: Single-family residence; Residential property
• Construction: Brick construction; Composition roof; Slab foundation; Built in 2026
• Exterior features: Private yard; Concrete and paved road access

Interior

• Kitchen: Oven
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning (electric); Ceiling fan(s)
• Interior features: Ceiling fans; Storage; Other interior features; Fireplace (1)

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $223k.

Deal economics

• At list price, monthly cash flow is $-365 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $159k (28.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $171k (23.3% below list).
• Recommended offer: $159k (28.9% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 80/100 on livability (#43 in TX, #1,872 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Frenship ISD (urban): math 47% / reading 54% proficiency, ranked #162 of 826 in TX (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Bennett El (math 62% / reading 64%, grade B, #300 of 4,322 statewide, top 7%, 876 students, 43% FRL); Frenship Middle (math 46% / reading 50%, grade C-, #400 of 1,662 statewide, top 24%, 833 students, 47% FRL); Frenship H S (math 44% / reading 65%, grade C-, #379 of 1,632 statewide, top 26%, 3,247 students, 46% FRL).
• Market conditions: 474 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 53% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,219 units permitted in Lubbock County in 2024 (252 in 5+ unit buildings).

Forward outlook

• In year one you build about $24k of equity ($2k loan paydown + $22k appreciation (10.0% local appreciation)).
• Lubbock County population projected at +39% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 2, paydown + projected appreciation supports a ~$38k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($220k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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.

Recommended offer $158,538 (28.9% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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?
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: 0.77% ✗
• Cap rate: 4.33%
• Cash-on-cash: -7.01%
• DSCR: 0.69
• GRM: 10.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 19.3%
• Equity multiple: 2.58×
• Total profit: $98,344
• Equity at exit: $200,896

10-year hold

• IRR: 17.8%
• Equity multiple: 5.94×
• Total profit: $308,147
• Equity at exit: $433,240

Cash invested: $62,440 (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 79382

• Active inventory: 474
• Price-to-rent: 10.9×

Monthly cashflow live

• Estimated rent: $1,710 high
• Mortgage (P&I): −$1,169
• Tax from tax record: −$453 /mo · $5,438/yr
• Insurance: −$93
• HOA: −$0
• Vacancy / Maint / Mgmt: −$359
• Net cashflow: $-365

Break-even live

Break-even rent $2,172

Max offer price $158,538

Occupancy floor —

Sensitivity live

Price	-10% $-239	-5% $-302	+0% $-365	+5% $-428	+10% $-491
Rent	-10% $-500	-5% $-432	+0% $-365	+5% $-297	+10% $-230
Rate	-1.0pp $-253	-0.5pp $-308	base $-365	+0.5pp $-423	+1.0pp $-481

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: $55,750
• Closing costs: $6,690
• Reserves months: —
• Total cash needed: —

Rent comps 30 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1313 Corpus Ave Unit B Wolfforth, TX	3.0	2.0	1550	$1,850	$1.19	15d	1	0.10mi
611 E 14th St Wolfforth, TX	3.0	2.0	1299	$1,725	$1.33	45d	1	0.15mi
723 E 17th St Wolfforth, TX	3.0	2.0	1670	$1,800	$1.08	45d	1	0.22mi
1712 Corpus Ave Wolfforth, TX	2.0	2.0	1335	$1,375	$1.03	45d	1	0.24mi
2008 Cottonwood Ave Wolfforth, TX	3.0	2.0	1450	$1,810	$1.25	45d	1	0.35mi
2304 Corpus Ave Wolfforth, TX	3.0	2.0	1316	$1,425	$1.08	45d	1	0.36mi
1817 Corpus Ave Wolfforth, TX	3.0	2.0	1405	$1,600	$1.14	15d	1	0.37mi
2001 Corpus Ave Unit B Wolfforth, TX	3.0	2.0	1316	$1,500	$1.14	15d	1	0.40mi
2001 Corpus Ave Unit 2001 B Corpus Wolfforth, TX	3.0	2.0	1350	$1,500	$1.11	23d	1	0.40mi
2006 Corpus Ave Unit A Wolfforth, TX	3.0	2.0	1223	$1,425	$1.17	15d	1	0.42mi
2001 Bryan Ave Unit B Wolfforth, TX	3.0	2.0	1360	$1,400	$1.03	45d	1	0.42mi
304 E 19th St Wolfforth, TX	3.0	2.0	1114	$1,150	$1.03	15d	1	0.43mi
2008 Bryan Ave Unit Harvest-2008 A Bryan Wolfforth, TX	3.0	2.0	1223	$1,400	$1.14	45d	1	0.44mi
2011 Bryan Ave Wolfforth, TX	3.0	2.0	1350	$1,450	$1.07	45d	1	0.47mi
2408 Aberdeen Ave Wolfforth, TX	4.0	2.0	1703	$2,100	$1.23	23d	1	0.48mi
2418 Aberdeen Ave Wolfforth, TX	3.0	2.0	1450	$1,799	$1.24	45d	1	0.48mi
215 14th St Wolfforth, TX	4.0	3.0	1850	$2,200	$1.19	15d	1	0.49mi
407 E 21st St Wolfforth, TX	3.0	2.0	1360	$1,399	$1.03	23d	1	0.50mi
127 Brooke Blvd Wolfforth, TX	3.0	2.5	1714	$1,757	$1.03	15d	2	0.73mi
811 11th St Wolfforth, TX	3.0	2.0	1523	$1,595	$1.05	45d	1	0.94mi
2916 Corpus Ave Wolfforth, TX	3.0	2.0	1657	$1,800	$1.09	45d	1	0.97mi
906 11th St Wolfforth, TX	3.0	2.0	1731	$2,000	$1.16	45d	1	1.04mi
7510 102nd St Lubbock, TX	3.0	2.0	1503	$1,600	$1.06	45d	1	1.14mi
405 Ranger St Wolfforth, TX	4.0	2.0	1866	$2,450	$1.31	15d	1	1.20mi
7456 104th St Lubbock, TX	3.0	2.0	1460	$1,700	$1.16	45d	1	1.21mi
7449 104th St Lubbock, TX	3.0	2.0	1481	$1,625	$1.10	23d	1	1.22mi
7729 92nd St Lubbock, TX	4.0	3.0	1810	$2,495	$1.38	23d	1	1.24mi
7440 104th St Lubbock, TX	3.0	2.0	1578	$1,600	$1.01	15d	1	1.27mi
7424 104th St Lubbock, TX	3.0	2.0	1598	$1,750	$1.10	45d	1	1.36mi
7350 100th St Lubbock, TX	3.0	2.0	1400	$1,650	$1.18	45d	1	1.44mi

Listing history 10 events

1. 2026-06-09
   status $223,000 Pending 21 DOM
2. 2026-06-08
   days on market $223,000 Active 21 DOM
3. 2026-06-07
   days on market $223,000 Active 20 DOM
4. 2026-06-05
   status $223,000 Active 17 DOM
5. 2026-05-30
   status $223,000 Pending 17 DOM
6. 2026-05-12
   listed $223,000 Active
7. 2026-05-04
   historical $2,500
8. 2026-04-28
   listed $2,500
9. 2026-03-06
   price $230,000
10. 2024-10-17
    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: $5,438 · $453/mo
• Projected year-2 tax: $5,438 · $453/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $20,515
• − Mortgage interest: −$12,491
• − Property taxes: −$5,438
• − Insurance: −$1,115
• − Repairs & maintenance: −$1,641
• − Management: −$1,641
• − Depreciation: −$6,487
• Taxable loss: −$8,299
• Est. tax savings @ 24.0%: +$1,992
• After-tax cash flow: $-2,387/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: Frenship ISD
• NCES district ID: 4819830
• Math proficiency: 47% ▼ -8.00%
• Reading proficiency: 54% ▬ 0.00%
• Median HH income: $54,376
• Composite: 43.59/100
• National rank: #2976
• State rank: #162 of 826 in TX

Livability — Wolfforth

• Score: 80/100
• State rank: #43
• US rank: #1872

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wolfforth, TX
• County: Lubbock County · 293,542 people
• City population: 10,512
• Metro: Lubbock, TX
• Population (ZIP): 10,512
• Household income: $84,457
• Rent vs Own: 23.0% rent · 77.0% own
• Severe rent burden: 135.0

Population outlook (Lubbock County) Hauer SSP2

• Today (2025): 345,960 people
• By 2030: 371,449 · +7.4%
• By 2040: 424,539 · +22.7%
• By 2050: 481,150 · +39.1%
• By 2075: 633,467 · +83.1%
• By 2100: 746,853 · +115.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 31% Two or more races 18% Black 1%
• Hispanic origin (detail): Mexican 28%
• Common ancestry: Italian 4% Slovak 2% Lithuanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 85% English-only · Spanish 14%

Political lean MEDSL · Lubbock

• 2024 margin: Solid R (+39.5) · D 29.7% · R 69.2% · Other 1.0%
• 2008→2024 swing: -2.8pp toward R · 2008: -36.7pp · 2024: -39.5pp
• All cycles: 2024: R+39.5 2020: R+32.2 2016: R+38.4 2012: R+40.9 2008: R+36.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 166.08%
• Current HPI: 561.4491
• Rent YoY: —
• Metro: Lubbock, 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

-3.0% since first listed

5 events — show timeline

• 2026-05-12 Listed $223,000 LARMLS
• 2026-05-04 Rental Removed $2,500 LARMLS
• 2026-04-28 Listed for Rent $2,500 LARMLS
• 2026-03-06 Price Changed $230,000 LARMLS
• 2024-10-17 Sold (Public Records) — Public Records

Property tax history

+718.0%/yr

Latest (2025): $5,438 · +718.0% YoY. Source: county tax records.