3312.5 Hwy 367 · Austin, AR 72007

$85,000

2 bd · 1.0 ba · 864 sqft · SingleFamily public records · 26 Days on market

4,791 sqft lot

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Why this score? — see what drove the C 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 +25.4/30.0
• DSCR +8.4/10.0
• ARV discount +7.5/15.0
• 1% rule +5.4/10.0
• Schools +4.0/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Great opportunity for a first-time homebuyer or investor! This 2-bedroom, 1-bath home offers approximately 864 square feet and has served as a successful rental property for over 22 years. Conveniently located on Hwy 367 in Austin with easy access to Cabot, Jacksonville, and the interstate, this property offers strong long-term investment potential or affordable homeownership. Features include a functional floor plan, spacious yard, and great visibility/location. Whether you are looking to expand your rental portfolio, purchase your first home, or downsize into something manageable, this property offers plenty of opportunity at an affordable price point. Long rental history makes this an ex

Key facts

• Spacious yard
• Detached
• 4,791 sq ft lot

Tags

• FUNCTIONAL FLOOR PLAN
• SPACIOUS YARD
• DETACHED

Property features AI

Finance

• Financial info: Owner financing possible; Cash purchase accepted; Rural Development financing possible

Exterior

• Utilities: Public sewer; Municipal electric service (Entergy)
• Home design: Frame exterior
• Construction: Crawl space foundation; Architectural shingle roof
• Exterior features: Level lot; Paved road access; Inside city limits

Interior

• Kitchen: Free‑standing stove
• Flooring: Luxury vinyl
• Bathrooms: 1 full bathroom
• Heating & cooling: Window air conditioning units
• Interior features: Washer connection; Electric dryer connection; Smoke detectors; Sheetrock walls/ceilings
• Laundry & utility: Washer connection; Electric dryer connection

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $85k.

Deal economics

• At list price, monthly cash flow is $195 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($880 rent vs $85k).
• Recommended offer: $84k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 3.6% in Austin — 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 73/100 on livability (#21 in AR) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Cabot School District (suburban): math 48% / reading 43% proficiency, ranked #29 of 238 in AR (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 59 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 185 units permitted in Lonoke County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Lonoke County population projected at +12% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($84k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $28k; list at $85k implies a 204% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

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

Recommended offer $83,725 (1.5% below list)

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.04% ✓
• Cap rate: 9.04%
• Cash-on-cash: 9.83%
• DSCR: 1.44
• GRM: 8.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -1.6%
• Equity multiple: 0.94×
• Total profit: $-1,400
• Equity at exit: $12,674

10-year hold

• IRR: 8.1%
• Equity multiple: 1.61×
• Total profit: $14,603
• Equity at exit: $7,349

Cash invested: $23,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 92 Strongly Landlord-Friendly
• State Arkansas: 92 Strongly Landlord-Friendly · R+14
• County: — inherits STATE
• City: — inherits STATE

Only US state where non-payment is criminal. Strongly landlord-favorable; very few tenant protections.

Methodology + full state rankings →

ZIP-level market 72007

• Home prices YoY: -7.9%
• Active inventory: 59
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $880 high
• Mortgage (P&I): −$446
• Tax from tax record: −$19 /mo · $234/yr
• Insurance: −$35
• HOA: −$0
• Vacancy / Maint / Mgmt: −$185
• Net cashflow: $195

Break-even live

Break-even rent $634

Max offer price $85,000

Occupancy floor 73%

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: $21,250
• Closing costs: $2,550
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3312 Arkansas 367 Austin, AR	2.0	1.0	864	$795	$0.92	23d	1	0.03mi
3222 Arkansas 367 Unit 367 Austin, AR	2.0	2.0	1120	$895	$0.80	23d	1	0.06mi
205 N 2nd St Austin, AR	3.0	2.0	1008	$1,250	$1.24	23d	1	0.21mi
414 Austin Oaks Dr Austin, AR	2.0	1.0	600	$850	$1.42	19d	1	0.23mi
512 Austin Oaks Dr Unit 512 Austin, AR	2.0	1.0	600	$850	$1.42	21d	1	0.24mi
211 Austin Oaks Dr Unit 211 Austin, AR	2.0	1.0	600	$825	$1.38	14d	1	0.25mi
504 S Pool St Austin, AR	2.0	1.0	918	$750	$0.82	23d	1	0.31mi

Listing history 17 events

1. 2026-06-18
   days on market $85,000 Active 26 DOM
2. 2026-06-17
   days on market $85,000 Active 25 DOM
3. 2026-06-16
   days on market $85,000 Active 24 DOM
4. 2026-06-15
   days on market $85,000 Active 23 DOM
5. 2026-06-14
   days on market $85,000 Active 21 DOM
6. 2026-06-10
   days on market $85,000 Active 18 DOM
7. 2026-06-09
   days on market $85,000 Active 17 DOM
8. 2026-06-08
   days on market $85,000 Active 16 DOM
9. 2026-06-07
   days on market $85,000 Active 15 DOM
10. 2026-06-05
    days on market $85,000 Active 12 DOM
11. 2026-06-03
    days on market $85,000 Active 11 DOM
12. 2026-06-02
    days on market $85,000 Active 10 DOM
13. 2026-06-01
    days on market $85,000 Active 9 DOM
14. 2026-05-31
    days on market $85,000 Active 8 DOM
15. 2026-05-31
    statusdays on market $85,000 Active 7 DOM
16. 2026-05-23
    listed $85,000 New Listing
17. 2010-12-28
    soldstatus $28,000

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

Tax reassessment forecast AR · Resets to sale price

• Current annual tax: $234 · $19/mo
• Projected year-2 tax: $544 · $45/mo
• Expected delta: +$310/yr (+$26/mo · 132.8%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 19 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,565
• − Mortgage interest: −$4,761
• − Property taxes: −$234
• − Insurance: −$425
• − Repairs & maintenance: −$845
• − Management: −$845
• − Depreciation: −$2,473
• Taxable income: $982
• Est. tax owed @ 24.0%: −$236
• After-tax cash flow: $2,103/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: Cabot School District
• NCES district ID: 0503750
• Math proficiency: 48% ▼ -14.00%
• Reading proficiency: 43% ▼ -10.00%
• Median HH income: $55,993
• Composite: 39.66/100
• National rank: #3912
• State rank: #29 of 238 in AR

Livability — Austin

• Score: 73/100
• State rank: #21
• US rank: #5280

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Austin, AR
• City population: 9,945
• Population (ZIP): 9,945

Population outlook (Lonoke County) Hauer SSP2

• Today (2025): 78,072 people
• By 2030: 80,673 · +3.3%
• By 2040: 84,977 · +8.8%
• By 2050: 87,778 · +12.4%
• By 2075: 91,398 · +17.1%
• By 2100: 87,858 · +12.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 5% Two or more races 3% Asian 2% Black 1%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Romanian 3% Italian 1% Portuguese 1%
• Foreign-born: 1% · Vietnam
• Languages at home: 96% English-only · Spanish 1% Vietnamese 1%

Political lean MEDSL · Lonoke

• 2024 margin: Solid R (+53.7) · D 22.2% · R 75.8% · Other 2.0%
• 2008→2024 swing: -6.2pp toward R · 2008: -47.5pp · 2024: -53.7pp
• All cycles: 2024: R+53.7 2020: R+52.8 2016: R+53.3 2012: R+50.9 2008: R+47.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.87%
• Current HPI: 196.9424
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.80%
• F500 in state: 10

Industry mix (Fortune 500 HQ in AR)

Industry	F500 HQs	Revenue
▸Retail	1	$681B
▸Food / Agriculture	1	$53B
▸Retail / Energy	1	$22B
▸Transportation / Logistics	1	$12B
▸Energy	1	$4B

Price history

+203.6% since first listed

2 events — show timeline

• 2026-05-23 Listed $85,000 CARMLS
• 2010-12-28 Sold (Public Records) $28,000 Public Records

Property tax history

+1.6%/yr

Latest (2025): $234 · +0.0% YoY. Source: county tax records.