3000 Loris Ln · Bartlesville, OK 74006

$229,900

3 bd · 1.5 ba · 1,588 sqft · SingleFamily public records · 13 Days on market

Built 1979 8,400 sqft lot Est $206k · 11% over

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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).

• Cash flow +20.2/30.0
• DSCR +6.4/10.0
• 1% rule +4.6/10.0
• Livability +3.2/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.4/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Professionally remodeled from the studs out! Everything is new including the roof! Contract before processed. Entered for statistical purposes only.

Key facts

• Brand-new flooring
• Appliance upgrades
• Modern granite

Tags

• OPEN-CONCEPT LAYOUT
• OVERSIZED ISLAND
• MODERN GRANITE
• APPLIANCE UPGRADES
• BRAND-NEW FLOORING
• HIGH-END LVP FLOORING

Property features AI

Finance

• HOA & community: Sidewalks; Gutters

Exterior

• Parking: Attached garage; 2 garage spaces
• Security: No safety shelter
• Utilities: Electricity available; Natural gas available; Phone available; Public water; Public sewer
• Home design: Single-story home; Faces south; Slab foundation
• Construction: Brick and wood frame construction; Asphalt fiberglass roof; Built per public records
• Exterior features: Covered patio and porch; Patio; Porch; Rain gutters; Privacy fencing; Mature trees; Located on a cul-de-sac

Interior

• Kitchen: Island; Pantry; Dishwasher; Disposal; Microwave; Range/Stove; Plumbed for ice maker; Gas water heater
• Bedrooms: Master bedroom with private bath and separate closets; Additional bedrooms (no attached baths)
• Flooring: Tile; Wood veneer
• Bathrooms: Master bath with double sink, shower-only full bath; Hall full bath with bathtub
• Heating & cooling: Central heating (gas); Central air conditioning
• Interior features: Granite counters; High ceilings; Cable TV; Ceiling fan(s); Gas range connection; Programmable thermostat; Vinyl insulated windows; Insulated doors
• Laundry & utility: Washer hookup; Electric dryer hookup; Inside utility room

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $230k.

Deal economics

• At list price, monthly cash flow is $291 ($3k/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 $221k (4.0% below list).
• Recommended offer: $221k (4.0% below list) — sets the bar for 1% rule.
• Cap rate 7.8% vs local median 4.7% in Bartlesville — 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 64/100 on livability (#175 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D+, amenities F.
• Bartlesville (town): math 30% / reading 29% proficiency, ranked #59 of 270 in OK (top 22%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Wayside Es (math 56% / reading 49%, grade C-, #33 of 845 statewide, top 4%, 694 students, 0% FRL); Central Ms (math 29% / reading 29%, grade F, #55 of 345 statewide, top 16%, 671 students, 0% FRL); Bartlesville Hs (math 38% / reading 45%, grade F, #23 of 447 statewide, top 5%, 1,642 students, 0% FRL) — zoned schools average 0% FRL vs 43% district-wide (43 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: 231 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 46 units permitted in Washington County in 2024 (0 in 5+ unit buildings).
• This rent runs 37% of the median local income ($72k/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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Washington County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
• 9 sale attempts since 30y 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.
• Current owner paid $146k; list at $230k implies a 57% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $220,629 (4.0% below list)

Questions for the listing agent

1. Built in 1979 — 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 D 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. 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?
6. 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.
7. 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.
8. 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: 0.96% ✗
• Cap rate: 7.81%
• Cash-on-cash: 5.42%
• DSCR: 1.24
• GRM: 8.7

CMA / ARV

• ARV (on-the-fly): $206,440
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2163 Jefferson Rd	0.13mi	3/2.0	1,587 (-0%)	0mo	$190,000	$120	92
3000 Loris Ln	0.00mi	3/2.0	1,662 (+5%)	1mo	$234,900	$141	90
3402 Stonewall Dr	0.28mi	3/2.0	1,619 (+2%)	3mo	$210,000	$130	79
3006 Blake Cir	0.16mi	4/2.0 (+1)	1,669 (+5%)	4mo	$204,000	$122	73
3240 Jefferson Ct	0.22mi	3/2.0	1,427 (-10%)	0mo	$165,000	$116	70
3014 Talbot Cir	0.27mi	4/2.0 (+1)	1,669 (+5%)	2mo	$221,300	$133	70
3813 Limestone	0.58mi	3/2.0	1,620 (+2%)	3mo	$165,000	$102	65
3009 Bryce Cir	0.18mi	4/2.0 (+1)	1,770 (+12%)	2mo	$220,000	$124	64
4100 Wayside Dr	0.70mi	3/2.0	1,554 (-2%)	2mo	$184,000	$118	60
3306 Rushmore Cir	0.34mi	4/2.0 (+1)	1,750 (+10%)	2mo	$270,000	$154	58
2004 Harriman Ct	0.25mi	4/2.0 (+1)	1,796 (+13%)	2mo	$269,000	$150	58
4018 Morgan Ave	0.68mi	3/1.5	1,400 (-12%)	2mo	$188,500	$135	48

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: -7.9%
• Equity multiple: 0.71×
• Total profit: $-18,772
• Equity at exit: $34,279

10-year hold

• IRR: 1.6%
• Equity multiple: 1.11×
• Total profit: $7,310
• Equity at exit: $19,878

Cash invested: $64,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 74006

• Home prices YoY: -33.2%
• Active inventory: 231
• Price-to-rent: 8.7×

Monthly cashflow live

• Estimated rent: $2,206 medium
• Mortgage (P&I): −$1,206
• Tax from tax record: −$151 /mo · $1,807/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$463
• Net cashflow: $291

Break-even live

Break-even rent $1,838

Max offer price $229,900

Occupancy floor 82%

Sensitivity live

Price	-10% $421	-5% $356	+0% $291	+5% $226	+10% $161
Rent	-10% $117	-5% $204	+0% $291	+5% $378	+10% $465
Rate	-1.0pp $407	-0.5pp $349	base $291	+0.5pp $231	+1.0pp $171

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: $57,475
• Closing costs: $6,897
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3117 Stonewall Dr Bartlesville, OK	4.0	3.0	1977	$2,950	$1.49	3d	1	0.14mi
4007 Morgan Ave Bartlesville, OK	2.0	1.0	1232	$1,295	$1.05	23d	1	0.65mi

Listing history 23 events

1. 2026-05-03
   status Pending
2. 2026-04-29
   status Active
3. 2026-03-27
   status Pending
4. 2026-03-11
   listed $229,900 Active
5. 2017-11-17
   soldstatus $146,000 Closed 150-char remark

   Show marketing remark (150 chars)

   Professionally remodeled from the studs out! Everything is new including the roof! Contract before processed. Entered for statistical purposes only.

6. 2017-11-17
   soldstatus $146,000

   Show marketing remark (150 chars)

   Professionally remodeled from the studs out! Everything is new including the roof! Contract before processed. Entered for statistical purposes only.

7. 2017-10-05
   listed $150,000 150-char remark

   Show marketing remark (150 chars)

   Professionally remodeled from the studs out! Everything is new including the roof! Contract before processed. Entered for statistical purposes only.

8. 2016-07-27
   soldstatus $63,000
9. 2016-07-25
   soldstatus $63,000 Closed 116-char remark

   Show marketing remark (116 chars)

   Full of possibilities. 3 bedrooms, 2 baths, vaulted ceiling in living room. Cul-de-sac location near Wayside School.

10. 2016-06-27
    status Pending 116-char remark

    Show marketing remark (116 chars)

    Full of possibilities. 3 bedrooms, 2 baths, vaulted ceiling in living room. Cul-de-sac location near Wayside School.

11. 2016-06-17
    listed $59,900 Active 116-char remark

    Show marketing remark (116 chars)

    Full of possibilities. 3 bedrooms, 2 baths, vaulted ceiling in living room. Cul-de-sac location near Wayside School.

12. 2015-02-07
    historical
13. 2014-08-06
    listed $79,000
14. 2014-03-20
    historical
15. 2013-09-20
    listed $82,000
16. 2002-05-31
    soldstatus $82,000
17. 2002-05-29
    soldstatus $82,000
18. 2002-04-22
    historical
19. 2002-04-16
    listed $82,500
20. 2000-01-10
    soldstatus $73,000
21. 1999-04-03
    soldstatus $70,000
22. 1999-03-20
    listed $70,500
23. 1996-05-17
    listed $71,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $1,807 · $151/mo
• Projected year-2 tax: $2,069 · $172/mo
• Expected delta: +$262/yr (+$22/mo · 14.5%)

ⓘ 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 6/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥113°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,475
• − Mortgage interest: −$12,878
• − Property taxes: −$1,807
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,118
• − Management: −$2,118
• − Depreciation: −$6,688
• Taxable loss: −$283
• Est. tax savings @ 24.0%: +$68
• After-tax cash flow: $3,560/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: Bartlesville
• NCES district ID: 4003630
• Math proficiency: 30% ▼ -13.00%
• Reading proficiency: 29% ▼ -10.00%
• Median HH income: $48,889
• Composite: 25.69/100
• National rank: #7389
• State rank: #59 of 270 in OK

Livability — Bartlesville

• Score: 64/100
• State rank: #175
• US rank: #13940

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bartlesville, OK
• County: Washington County · 41,935 people
• City population: 41,935
• Metro: Bartlesville, OK
• Population (ZIP): 27,911
• Household income: $71,796
• Rent vs Own: 24.2% rent · 75.8% own
• Severe rent burden: 563.0

Population outlook (Washington County) Hauer SSP2

• Today (2025): 54,946 people
• By 2030: 56,249 · +2.4%
• By 2040: 58,867 · +7.1%
• By 2050: 61,600 · +12.1%
• By 2075: 69,355 · +26.2%
• By 2100: 73,067 · +33.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Two or more races 9% Native American 7% Hispanic / Latino 6% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 5%
• Common ancestry: Lithuanian 3% Slovak 2% Serbian 2%
• Foreign-born: 5% · Canada, China, Vietnam
• Languages at home: 93% English-only · Spanish 4% Vietnamese 1% Chinese 1%

Political lean MEDSL · Washington

• 2024 margin: Solid R (+47.6) · D 25.0% · R 72.7% · Other 2.4%
• 2008→2024 swing: -3.1pp toward R · 2008: -44.6pp · 2024: -47.6pp
• All cycles: 2024: R+47.6 2020: R+48.0 2016: R+48.5 2012: R+47.8 2008: R+44.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -118.35%
• Current HPI: 237.9056
• Rent YoY: —
• Metro: Bartlesville, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

+221.5% since first listed

23 events — show timeline

• 2026-05-03 Pending — MLS Technology, Inc.
• 2026-04-29 Relisted — MLS Technology, Inc.
• 2026-03-27 Pending — MLS Technology, Inc.
• 2026-03-11 Listed $229,900 MLS Technology, Inc.
• 2017-11-17 Sold (Public Records) $146,000 Public Records
• 2017-11-17 Sold (MLS) $146,000 MLS Technology, Inc.
• 2017-10-05 Listed $150,000 MLS Technology, Inc.
• 2016-07-27 Sold (Public Records) $63,000 Public Records
• 2016-07-25 Sold (MLS) $63,000 MLS Technology, Inc.
• 2016-06-27 Pending — MLS Technology, Inc.
• 2016-06-17 Listed $59,900 MLS Technology, Inc.
• 2015-02-07 Listing Removed — MLS Technology, Inc.
• 2014-08-06 Listed $79,000 MLS Technology, Inc.
• 2014-03-20 Listing Removed — MLS Technology, Inc.
• 2013-09-20 Listed $82,000 MLS Technology, Inc.
• 2002-05-31 Sold (Public Records) $82,000 Public Records
• 2002-05-29 Sold (MLS) $82,000 MLS Technology, Inc.
• 2002-04-22 Listing Removed — MLS Technology, Inc.
• 2002-04-16 Listed $82,500 MLS Technology, Inc.
• 2000-01-10 Sold (Public Records) $73,000 Public Records
• 1999-04-03 Sold (Public Records) $70,000 Public Records
• 1999-03-20 Listed $70,500 MLS Technology, Inc.
• 1996-05-17 Listed $71,500 MLS Technology, Inc.

Property tax history

+3.4%/yr

Latest (2025): $1,807 · -7.9% YoY. Source: county tax records.