305 Dalee Dr · Hallsville, TX 75650

$200,000

3 bd · 2.0 ba · 1,660 sqft · SingleFamily public records · 729 Days on market

Built 1980 0.30 ac lot $120/sqft · at area comps Est $206k · at est.

---

Why this score? — see what drove the B- 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 +30.0/30.0
• DSCR +10.0/10.0
• 1% rule +9.2/10.0
• ARV discount +8.8/15.0
• Livability +3.8/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment property or starter home in Hallsville ISD! With a little TLC, this home would make a great starter home or a rental property. This home has 3 bedrooms, two baths and two living areas. Large covered back porch with a 24 X 30 shop that has 220/110 electric on separate meter, slab floor and two roll-up doors. This property has a fenced backyard with a double gate to the shop. The property is on a cul-de-sac in an established neighborhood.

Key facts

• Cul-de-sac location
• Fenced backyard
• Covered back porch

Tags

• COVERED BACK PORCH
• FENCED BACKYARD
• CUL-DE-SAC LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $200k.

Deal economics

• At list price, monthly cash flow is $925 ($11k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $200k).
• Recommended offer: $176k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 76/100 on livability (#117 in TX, #3,765 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Hallsville ISD (town): math 30% / reading 40% proficiency, ranked #490 of 826 in TX (top 59%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 168 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 85 units permitted in Harrison County in 2024 (15 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.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $56k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 729 days — a 12% lower offer ($176k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 10y ago; this cycle's ask has dropped $40k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 60% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $176,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 729 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 1.43% ✓
• Cap rate: 11.84%
• Cash-on-cash: 19.81%
• DSCR: 1.88
• GRM: 5.8

CMA / ARV

• ARV (median comp): $205,984
• List price: $200,000
• Delta: -2.90%
• Verdict: FAIR
• Comps: 2 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
310 S Cypress St	0.52mi	2/1.0 (-1)	1,848 (+11%)	6mo	$93,999	$51	43

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.9%
• Equity multiple: 1.47×
• Total profit: $26,484
• Equity at exit: $29,821

10-year hold

• IRR: 20.9%
• Equity multiple: 2.77×
• Total profit: $98,921
• Equity at exit: $17,292

Cash invested: $56,000 (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 75650

• Home prices YoY: -27.9%
• Active inventory: 168
• Price-to-rent: 5.8×

Monthly cashflow live

• Estimated rent: $2,850 medium
• Mortgage (P&I): −$1,049
• Tax from tax record: −$195 /mo · $2,338/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$598
• Net cashflow: $925

Break-even live

Break-even rent $1,680

Max offer price $200,000

Occupancy floor 63%

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
408 S Cypress St Hallsville, TX	4.0	2.0	1958	$2,850	$1.46	43d	1	0.53mi

Listing history 24 events

1. 2026-06-19
   days on market $200,000 Active 729 DOM
2. 2026-06-18
   days on market $200,000 Active 728 DOM
3. 2026-06-17
   days on market $200,000 Active 727 DOM
4. 2026-06-16
   days on market $200,000 Active 726 DOM
5. 2026-06-15
   days on market $200,000 Active 725 DOM
6. 2026-06-14
   days on market $200,000 Active 723 DOM
7. 2026-06-13
   days on market $200,000 Active 722 DOM
8. 2026-06-10
   days on market $200,000 Active 720 DOM
9. 2026-06-09
   days on market $200,000 Active 719 DOM
10. 2026-06-08
    days on market $200,000 Active 718 DOM
11. 2026-06-07
    days on market $200,000 Active 717 DOM
12. 2026-06-05
    pricedays on market $200,000 Active 714 DOM
13. 2026-06-02
    days on market $215,000 Active 712 DOM
14. 2026-06-01
    days on market $215,000 Active 711 DOM
15. 2026-05-31
    days on market $215,000 Active 710 DOM
16. 2026-05-30
    days on market $215,000 Active 709 DOM
17. 2026-04-29
    price $215,000 457-char remark

    Show marketing remark (457 chars)

    Great investment property or starter home in Hallsville ISD! With a little TLC, this home would make a great starter home or a rental property. This home has 3 bedrooms, two baths and two living areas. Large covered back porch with a 24 X 30 shop that has 220/110 electric on separate meter, slab floor and two roll-up doors. This property has a fenced backyard with a double gate to the shop. The property is on a cul-de-sac in an established neighborhood.

18. 2025-12-02
    status Active 457-char remark

    Show marketing remark (457 chars)

    Great investment property or starter home in Hallsville ISD! With a little TLC, this home would make a great starter home or a rental property. This home has 3 bedrooms, two baths and two living areas. Large covered back porch with a 24 X 30 shop that has 220/110 electric on separate meter, slab floor and two roll-up doors. This property has a fenced backyard with a double gate to the shop. The property is on a cul-de-sac in an established neighborhood.

19. 2025-07-10
    price $225,000 457-char remark

    Show marketing remark (457 chars)

    Great investment property or starter home in Hallsville ISD! With a little TLC, this home would make a great starter home or a rental property. This home has 3 bedrooms, two baths and two living areas. Large covered back porch with a 24 X 30 shop that has 220/110 electric on separate meter, slab floor and two roll-up doors. This property has a fenced backyard with a double gate to the shop. The property is on a cul-de-sac in an established neighborhood.

20. 2024-08-07
    price $234,900 457-char remark

    Show marketing remark (457 chars)

    Great investment property or starter home in Hallsville ISD! With a little TLC, this home would make a great starter home or a rental property. This home has 3 bedrooms, two baths and two living areas. Large covered back porch with a 24 X 30 shop that has 220/110 electric on separate meter, slab floor and two roll-up doors. This property has a fenced backyard with a double gate to the shop. The property is on a cul-de-sac in an established neighborhood.

21. 2024-06-18
    listed $239,900 Active 457-char remark

    Show marketing remark (457 chars)

    Great investment property or starter home in Hallsville ISD! With a little TLC, this home would make a great starter home or a rental property. This home has 3 bedrooms, two baths and two living areas. Large covered back porch with a 24 X 30 shop that has 220/110 electric on separate meter, slab floor and two roll-up doors. This property has a fenced backyard with a double gate to the shop. The property is on a cul-de-sac in an established neighborhood.

22. 2016-11-03
    soldstatus 175-char remark

    Show marketing remark (175 chars)

    GREAT NEW LISTING IN HALLSVILLE SCHOOLS, 3 BR 2 LIVING AREAS WITH LARGE FENCED BACK YARD. EXCELLENT FIXER UPPER OR FIRST TIME BUYER. COVERED PATIO. WALKING DISTANCE TO SCHOOLS

23. 2016-07-20
    listed $76,824 175-char remark

    Show marketing remark (175 chars)

    GREAT NEW LISTING IN HALLSVILLE SCHOOLS, 3 BR 2 LIVING AREAS WITH LARGE FENCED BACK YARD. EXCELLENT FIXER UPPER OR FIRST TIME BUYER. COVERED PATIO. WALKING DISTANCE TO SCHOOLS

24. 2002-10-01
    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: $2,338 · $195/mo
• Projected year-2 tax: $3,660 · $305/mo
• Expected delta: +$1,322/yr (+$110/mo · 56.6%)

ⓘ 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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥111°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 60% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,200
• − Mortgage interest: −$11,203
• − Property taxes: −$2,338
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,736
• − Management: −$2,736
• − Depreciation: −$5,818
• Taxable income: $8,369
• Est. tax owed @ 24.0%: −$2,009
• After-tax cash flow: $9,086/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: Hallsville ISD
• NCES district ID: 4822170
• Math proficiency: 30% ▼ -2.00%
• Reading proficiency: 40% ▲ 2.00%
• Median HH income: $57,770
• Composite: 31.05/100
• National rank: #6081
• State rank: #490 of 826 in TX

Livability — Hallsville

• Score: 76/100
• State rank: #117
• US rank: #3765

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hallsville, TX
• Population (ZIP): 10,233

Population outlook (Harrison County) Hauer SSP2

• Today (2025): 68,691 people
• By 2030: 69,317 · +0.9%
• By 2040: 69,973 · +1.9%
• By 2050: 70,090 · +2.0%
• By 2075: 70,607 · +2.8%
• By 2100: 67,546 · -1.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (78%)
• Race & ethnicity: White 78% Hispanic / Latino 11% Two or more races 8% Black 6% Native American 2% Asian 1%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Portuguese 3% Italian 2% Iranian 1%
• Foreign-born: 3% · Canada, South Korea
• Languages at home: 96% English-only · Spanish 4%

Political lean MEDSL · Harrison

• 2024 margin: Solid R (+50.6) · D 24.4% · R 75.0%
• 2008→2024 swing: -19.2pp toward R · 2008: -31.4pp · 2024: -50.6pp
• All cycles: 2024: R+50.6 2020: R+45.6 2016: R+43.9 2012: R+34.6 2008: R+31.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.30%
• Current HPI: 163.1524
• Rent YoY: —
• Metro: —
• 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

+179.9% since first listed

8 events — show timeline

• 2026-04-29 Price Changed $215,000 LAAR
• 2025-12-02 Relisted — LAAR
• 2025-07-10 Price Changed $225,000 LAAR
• 2024-08-07 Price Changed $234,900 LAAR
• 2024-06-18 Listed $239,900 LAAR
• 2016-11-03 Sold (MLS) — LAAR
• 2016-07-20 Listed $76,824 LAAR
• 2002-10-01 Sold (Public Records) — Public Records

Property tax history

-0.4%/yr

Latest (2025): $2,338 · +7.2% YoY. Source: county tax records.