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457 Jones Beach Ln
D Composite 40.97
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 +13.4/30.0
  • ARV discount +7.5/15.0
  • Condition / age +4.8/5.0
  • DSCR +4.0/10.0
  • Livability +3.6/5.0
  • 1% rule +3.5/10.0
  • Rent growth +2.1/5.0
  • Schools +2.1/10.0
  • Appreciation +0.0/10.0

$201,999

457 Jones Beach Ln · Jarrell, TX 76537
3 bd · 2.0 ba · 1,402 sqft · Other · 16 Days on market
Built 2026 Excellent condition 7,753 sqft lot $100/mo HOA · 6% of rent ↓ 9% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining during gatherings. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.

Key facts

  • Walk-in closet
  • Open floorplan
  • Secondary bedrooms

Tags

OPEN FLOORPLANOWNER'S SUITEEN-SUITE BATHROOMWALK-IN CLOSETSECONDARY BEDROOMS

Property features AI

Finance

  • HOA & community: Homeowners association (Rancho Del Cielo) with a $100 monthly fee covering common area maintenance; Community amenities include a pool and a playground

Exterior

  • Parking: Attached 2-car garage; Driveway parking for two (two covered spaces)
  • Utilities: Electricity connected; Municipal sewer; Municipal water
  • Home design: Single-story home; New construction by Lennar; Faces northwest; Slab foundation
  • Construction: HardiPlank type and masonry exterior; Composition shingle roof; Built by Lennar
  • Exterior features: Private yard; Back yard; Front yard; Interior lot; Front porch; Wood privacy fencing

Interior

  • Kitchen: Dishwasher; Range
  • Bedrooms: Three main-level bedrooms
  • Flooring: Carpet; Tile
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Central heating; Central electric air conditioning
  • Interior features: Kitchen island; Open floor plan; Main-level primary bedroom; Walk-in closets
  • Laundry & utility: Laundry closet

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath other listed at $202k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $4 ($49/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $172k (15.0% below list).
  • Recommended offer: $172k (15.0% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% vs local median 4.7% in Jarrell — 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 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); 773 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 40% 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 16 days — a 2% lower offer ($199k) 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 $171,798 (15.0% below list)

Questions for the listing agent

  1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  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
0.85%
Cap rate
6.32%
Cash-on-cash
0.09%
DSCR
1.00
GRM
9.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-19.5%
Equity multiple
0.34×
Total profit
$-37,505
Equity at exit
$30,119
10-year hold
IRR
-20.0%
Equity multiple
0.08×
Total profit
$-51,780
Equity at exit
$17,465

Cash invested: $56,560 (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.

ZIP-level market 76537

Home prices YoY
-14.4%
Rents YoY
-1.7%
Active inventory
773
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$1,718 high interval (Pro) →
Mortgage (P&I)
$1,059
Tax from tax record
$110 /mo · $1,315/yr
Insurance
$84
HOA
$100
Vacancy / Maint / Mgmt
$361
Net cashflow
$4

Break-even live

Break-even rent $1,713
Max offer price $201,999
Occupancy floor 95%

Sensitivity live

Price -10% $118 -5% $61 +0% $4 +5% $-53 +10% $-110
Rent -10% $-132 -5% $-64 +0% $4 +5% $72 +10% $140
Rate -1.0pp $106 -0.5pp $55 base $4 +0.5pp $-48 +1.0pp $-101

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
$50,500
Closing costs
$6,060
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
136 Texas Angel Way Jarrell, TX 3.0 2.0 1450 $1,550 $1.07 6d 1 0.11mi
136 Texas Angel Way Jarrell, TX 3.0 2.0 1450 $1,495 $1.03 45d 1 0.11mi
133 Texas Angel Way Jarrell, TX 3.0 2.0 1230 $1,500 $1.22 25d 1 0.12mi
337 Rancho del Cielo Loop Georgetown, TX 3.0 2.0 1411 $1,535 $1.09 22d 1 0.19mi
128 Hasty Heart Ct Jarrell, TX 4.0 2.0 1606 $1,750 $1.09 0d 1 0.21mi
516 Rancho del Cielo Loop Jarrell, TX 3.0 2.0 1274 $1,700 $1.33 45d 1 0.27mi
544 Rancho del Cielo Loop Georgetown, TX 4.0 2.0 1606 $1,800 $1.12 45d 1 0.31mi
564 Rancho del Cielo Loop Jarrell, TX 3.0 2.0 1266 $1,600 $1.26 4d 1 0.33mi
856 Rancho del Cielo Loop Jarrell, TX 3.0 2.0 1447 $1,600 $1.11 45d 1 0.38mi
253 Tugboat Annie Way Jarrell, TX 3.0 2.0 1380 $1,495 $1.08 16d 1 0.40mi

HOA detail

Monthly dues
$100 · $1,200/yr

Listing history 9 events

  1. 2026-06-07
    status $201,999 Pending 16 DOM
  2. 2026-06-04
    days on market $201,999 Active 16 DOM
  3. 2026-06-03
    days on market $201,999 Active 15 DOM
  4. 2026-06-02
    days on market $201,999 Active 14 DOM
  5. 2026-06-01
    days on market $201,999 Active 13 DOM
  6. 2026-05-31
    days on market $201,999 Active 12 DOM
  7. 2026-05-20
    price $201,999
    Show marketing remark (419 chars)

    This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining during gatherings. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.

  8. 2026-05-20
    listed $201,999 Active 419-char remark
    Show marketing remark (419 chars)

    This single-level home showcases a spacious open floorplan shared between the kitchen, dining area and family room for easy entertaining during gatherings. An owner's suite enjoys a private location in a rear corner of the home, complemented by an en-suite bathroom and walk-in closet. There are two secondary bedrooms along the side of the home, which are comfortable spaces for household members and overnight guests.

  9. 2026-05-19
    listed $221,999 Active

ⓘ 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
$1,315 · $110/mo
Projected year-2 tax
$3,697 · $308/mo
Expected delta
+$2,381/yr (+$198/mo · 181.0%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,616
− Mortgage interest
−$11,315
− Property taxes
−$1,315
− Insurance
−$1,010
− Repairs & maintenance
−$1,649
− Management
−$1,649
− HOA
−$1,200
− Depreciation
−$5,876
Taxable loss
−$3,400
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$816
After-tax cash flow
$865/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

Excellent 95/100 None rehab

This single-level home showcases a spacious open floorplan with modern finishes and a well-maintained exterior. It is move-in ready and ready for minor updates to enhance its curb appeal and value.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers
  • Both Adding smart home features — Smart home features can increase the home's value and appeal to tech-savvy buyers

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract potential buyers
  • Both Adding smart home features — Smart home features can increase the home's value and appeal to tech-savvy buyers

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Williamson County · 680,029 people
City population
16,272
Metro
Austin-Round Rock-Georgetown, TX
Population (ZIP)
16,272
Household income
$98,199
Rent vs Own
20.5% rent · 79.5% own
Severe rent burden
225.0

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

Price history

-9.0% since first listed
3 events — show timeline
  • 2026-05-20 Price Changed $201,999 Unlock MLS
  • 2026-05-20 Listed $201,999 Zillow
  • 2026-05-19 Listed $221,999 Unlock MLS

Property tax history

-7.4%/yr

Latest (2026): $1,315 · -7.4% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…