343 Railroad Ave · Taft, TX 78390

$150,000

4 bd · 3.0 ba · 3,096 sqft · SingleFamily public records · 168 Days on market

Built 1941 0.59 ac lot $48/sqft · 38% below area Est $241k · 38% under ↓ 9% since listing

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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 +22.5/30.0
• ARV discount +15.0/15.0
• 1% rule +7.5/10.0
• DSCR +7.2/10.0
• Appreciation +7.2/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0

Listing remarks MLS

Own a Piece of Taft History with Room to Make It Yours! Looking for something with personality? This Historic Charm 4-bedroom, 3-bath, two-story beauty is bursting with character and waiting for someone with vision to bring it back to life! Or create a new chapter whether you dream of bringing back the Bed & Breakfast magic, starting your own business, or creating a cozy home with character. The ideas are endless! Inside, you’ll find a formal dining room, breakfast nook, cozy den, oversized primary suite, and a large laundry room perfect for guest accommodations or entertaining. Cooling is provided by window units, and while it needs some updates, the structure and layout make it an ideal canvas for hospitality or creative redevelopment. Sitting proudly on a spacious corner lot (9,496 sq. ft. ), this home was once a bed and breakfast for the local railroad station and it still carries that old school charm you just can’t build today, this property offers more than just a home it offers opportunity. With ample land and prime corner location, there’s exciting potential to rezone for commercial use, making this an ideal spot for a small business, office, or redevelopment. Corner lot. Commercial potential. Whether you want to bring the house back to life or start something new this property is full of promise. Just minutes from major companies like Exxon, Cheniere, Steel Dynamics, and the surrounding agricultural hubs, this is a perfect spot for someone who wants to be close to work but still enjoy the peace and hometown pride of Taft. Rare history. Real character. Ready for your touch. Let’s make it yours!

Key facts

• Breakfast nook
• Formal dining room
• Spacious corner lot

Tags

• FORMAL DINING ROOM
• BREAKFAST NOOK
• OVERSIZED PRIMARY SUITE
• LARGE LAUNDRY ROOM
• SPACIOUS CORNER LOT
• PRIME CORNER LOCATION

What this means for you Summary

Snapshot

• This is a 4-bed/3.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $252 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 65/100 on livability (#673 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: schools F, amenities F, commute F.
• Taft ISD (town): math 24% / reading 24% proficiency, ranked #727 of 826 in TX (top 88%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 77% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 60 active listings in the ZIP; 344 units permitted in San Patricio County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($1k loan paydown + $7k appreciation (4.4% local appreciation)).
• San Patricio County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (4.4% appreciation + 3.0% rent growth), your $42k cash investment doubles in ~4 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 168 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $15k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 3.1% of price; built in 1941 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 168 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1941 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 1.25% ✓
• Cap rate: 8.31%
• Cash-on-cash: 7.20%
• DSCR: 1.32
• GRM: 6.7

CMA / ARV

• ARV (median comp): $241,185
• List price: $150,000
• Delta: -37.81%
• Verdict: UNDERPRICED
• Comps: 11 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
530 Green Ave	0.47mi	3/2.0 (-1)	3,083 (-0%)	16mo	$230,000	$75	55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

4.44% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 17.8%
• Equity multiple: 2.10×
• Total profit: $45,990
• Equity at exit: $79,919

10-year hold

• IRR: 18.3%
• Equity multiple: 4.04×
• Total profit: $127,879
• Equity at exit: $133,898

Cash invested: $42,000 (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 78390

• Home prices YoY: 3.7%
• Active inventory: 60
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,879 medium
• Mortgage (P&I): −$787
• Tax from tax record: −$383 /mo · $4,597/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$395
• Net cashflow: $252

Break-even live

Break-even rent $1,560

Max offer price $150,000

Occupancy floor 82%

Sensitivity live

Price	-10% $337	-5% $294	+0% $252	+5% $210	+10% $167
Rent	-10% $104	-5% $178	+0% $252	+5% $326	+10% $400
Rate	-1.0pp $328	-0.5pp $290	base $252	+0.5pp $213	+1.0pp $174

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Listing history 20 events

1. 2026-06-18
   days on market $150,000 Active 168 DOM
2. 2026-06-17
   days on market $150,000 Active 167 DOM
3. 2026-06-16
   days on market $150,000 Active 166 DOM
4. 2026-06-15
   days on market $150,000 Active 165 DOM
5. 2026-06-14
   days on market $150,000 Active 163 DOM
6. 2026-06-13
   days on market $150,000 Active 162 DOM
7. 2026-06-10
   days on market $150,000 Active 160 DOM
8. 2026-06-09
   days on market $150,000 Active 159 DOM
9. 2026-06-08
   days on market $150,000 Active 158 DOM
10. 2026-06-07
    days on market $150,000 Active 157 DOM
11. 2026-06-05
    days on market $150,000 Active 154 DOM
12. 2026-06-03
    days on market $150,000 Active 153 DOM
13. 2026-06-02
    days on market $150,000 Active 152 DOM
14. 2026-06-01
    days on market $150,000 Active 151 DOM
15. 2026-05-31
    days on market $150,000 Active 150 DOM
16. 2026-05-30
    days on market $150,000 Active 149 DOM
17. 2026-02-26
    price $150,000 1660-char remark

    Show marketing remark (1660 chars)

    Own a Piece of Taft History with Room to Make It Yours! Looking for something with personality? This Historic Charm 4-bedroom, 3-bath, two-story beauty is bursting with character and waiting for someone with vision to bring it back to life! Or create a new chapter whether you dream of bringing back the Bed & Breakfast magic, starting your own business, or creating a cozy home with character. The ideas are endless! Inside, you’ll find a formal dining room, breakfast nook, cozy den, oversized primary suite, and a large laundry room perfect for guest accommodations or entertaining. Cooling is provided by window units, and while it needs some updates, the structure and layout make it an ideal canvas for hospitality or creative redevelopment. Sitting proudly on a spacious corner lot (9,496 sq. ft. ), this home was once a bed and breakfast for the local railroad station and it still carries that old school charm you just can’t build today, this property offers more than just a home it offers opportunity. With ample land and prime corner location, there’s exciting potential to rezone for commercial use, making this an ideal spot for a small business, office, or redevelopment. Corner lot. Commercial potential. Whether you want to bring the house back to life or start something new this property is full of promise. Just minutes from major companies like Exxon, Cheniere, Steel Dynamics, and the surrounding agricultural hubs, this is a perfect spot for someone who wants to be close to work but still enjoy the peace and hometown pride of Taft. Rare history. Real character. Ready for your touch. Let’s make it yours!

18. 2026-01-01
    listed $165,000 Active 1660-char remark

    Show marketing remark (1660 chars)

    Own a Piece of Taft History with Room to Make It Yours! Looking for something with personality? This Historic Charm 4-bedroom, 3-bath, two-story beauty is bursting with character and waiting for someone with vision to bring it back to life! Or create a new chapter whether you dream of bringing back the Bed & Breakfast magic, starting your own business, or creating a cozy home with character. The ideas are endless! Inside, you’ll find a formal dining room, breakfast nook, cozy den, oversized primary suite, and a large laundry room perfect for guest accommodations or entertaining. Cooling is provided by window units, and while it needs some updates, the structure and layout make it an ideal canvas for hospitality or creative redevelopment. Sitting proudly on a spacious corner lot (9,496 sq. ft. ), this home was once a bed and breakfast for the local railroad station and it still carries that old school charm you just can’t build today, this property offers more than just a home it offers opportunity. With ample land and prime corner location, there’s exciting potential to rezone for commercial use, making this an ideal spot for a small business, office, or redevelopment. Corner lot. Commercial potential. Whether you want to bring the house back to life or start something new this property is full of promise. Just minutes from major companies like Exxon, Cheniere, Steel Dynamics, and the surrounding agricultural hubs, this is a perfect spot for someone who wants to be close to work but still enjoy the peace and hometown pride of Taft. Rare history. Real character. Ready for your touch. Let’s make it yours!

19. 2025-07-16
    listed $165,000 Active
20. 2012-08-02
    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: $4,597 · $383/mo
• Projected year-2 tax: $4,597 · $383/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 9/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,545
• − Mortgage interest: −$8,402
• − Property taxes: −$4,597
• − Insurance: −$750
• − Repairs & maintenance: −$1,804
• − Management: −$1,804
• − Depreciation: −$4,364
• Taxable income: $824
• Est. tax owed @ 24.0%: −$198
• After-tax cash flow: $2,826/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: Taft ISD
• NCES district ID: 4842060
• Math proficiency: 24% ▼ -6.00%
• Reading proficiency: 24% ▲ 2.00%
• Median HH income: $40,110
• Composite: 20.29/100
• National rank: #8618
• State rank: #727 of 826 in TX

Livability — Taft

• Score: 65/100
• State rank: #673
• US rank: #12651

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Taft, TX
• Population (ZIP): 5,620

Population outlook (San Patricio County) Hauer SSP2

• Today (2025): 75,538 people
• By 2030: 79,575 · +5.3%
• By 2040: 87,670 · +16.1%
• By 2050: 96,107 · +27.2%
• By 2075: 117,984 · +56.2%
• By 2100: 130,010 · +72.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly Hispanic (78%)
• Race & ethnicity: Hispanic / Latino 78% Two or more races 52% White 21%
• Hispanic origin (detail): Mexican 75%
• Common ancestry: Slovak 1% Lithuanian 1%
• Foreign-born: 3% · Canada
• Languages at home: 61% English-only · Spanish 39%

Political lean MEDSL · San Patricio

• 2024 margin: Solid R (+36.4) · D 31.4% · R 67.8%
• 2008→2024 swing: -19.8pp toward R · 2008: -16.6pp · 2024: -36.4pp
• All cycles: 2024: R+36.4 2020: R+29.1 2016: R+24.1 2012: R+20.6 2008: R+16.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.44%
• Current HPI: 123.4461
• 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

-9.1% since first listed

4 events — show timeline

• 2026-02-26 Price Changed $150,000 CBMLS
• 2026-01-01 Listed $165,000 CBMLS
• 2025-07-16 Listed $165,000 CBMLS
• 2012-08-02 Sold (Public Records) — Public Records

Property tax history

+7.9%/yr

Latest (2025): $4,597 · +12.1% YoY. Source: county tax records.