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212 Longmont St
C- Composite 54.21
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 +26.4/30.0
  • DSCR +9.0/10.0
  • 1% rule +6.9/10.0
  • Livability +3.8/5.0
  • Schools +3.1/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.1/15.0
  • Appreciation +0.0/10.0

$240,000

212 Longmont St · Hallsville, TX 75650
3 bd · 2.0 ba · 1,586 sqft · SingleFamily public records · 42 Days on market
Built 1977 0.29 ac lot $151/sqft · 17% above area Est $206k · 17% over

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

Listing remarks MLS

Welcome to 212 Longmont, a beautifully maintained home nestled in the highly sought-after Hallsville ISD! This inviting 3-bedroom, 2-bathroom home offers the perfect blend of comfort and functionality, complete with a 2-car garage and a versatile flex space that can easily serve as a home office, playroom, or additional living area. Step inside to a warm and welcoming living room featuring neutral tones, abundant natural light, and plenty of space to relax or entertain. The home offers a seamless flow into the dining area and kitchen, where you’ll find rich cabinetry, ample counter space, and durable tile flooring that extends through the main areas—making both everyday living and cleanup a breeze. The spacious primary suite provides a private retreat, while the additional bedrooms are well-sized and thoughtfully laid out. Both bathrooms are well-appointed, offering functionality for family or guests. Outside, enjoy a peaceful setting with a large backyard—perfect for gatherings, kids, or pets—with plenty of room to make it your own. The covered front porch adds to the home’s curb appeal and offers a great spot to unwind. Major updates add peace of mind, including a roof that is less than 5 years old and AC unit that is only 3 years old. Conveniently located just minutes from town while still offering that quiet neighborhood feel, this home is move-in ready and ideal for families, first-time buyers, or anyone looking to be in Hallsville ISD. Don’t miss your opportunity to make 212 Longmont your next home!

Key facts

  • Covered front porch
  • Large backyard
  • Major updates

Tags

LARGE BACKYARDCOVERED FRONT PORCHMAJOR UPDATESQUIET NEIGHBORHOOD FEEL

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 single-family listed at $240k.

Deal economics

  • At list price, monthly cash flow is $626 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $240k).
  • Recommended offer: $233k (3.0% 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 $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $67k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 42 days — a 3% lower offer ($233k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 7y 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.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 62% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $232,800 (3.0% below list)

Questions for the listing agent

  1. It's been on market 42 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  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
1.19%
Cap rate
9.43%
Cash-on-cash
11.19%
DSCR
1.50
GRM
7.0

CMA / ARV

ARV (median comp)
$205,977
List price
$240,000
Delta
16.52%
Verdict
OVERPRICED
Comps
2 within 1.0 mi

Projected returns pro-forma

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

5-year hold
IRR
0.4%
Equity multiple
1.02×
Total profit
$1,029
Equity at exit
$35,785
10-year hold
IRR
10.1%
Equity multiple
1.78×
Total profit
$52,362
Equity at exit
$20,751

Cash invested: $67,200 (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 75650

Home prices YoY
-27.9%
Active inventory
168
Price-to-rent
7.0×

Monthly cashflow live

Estimated rent
$2,850 medium interval (Pro) →
Mortgage (P&I)
$1,259
Tax from tax record
$266 /mo · $3,198/yr
Insurance
$100
HOA
$0
Vacancy / Maint / Mgmt
$598
Net cashflow
$626

Break-even live

Break-even rent $2,057
Max offer price $240,000
Occupancy floor 73%

Sensitivity live

Price -10% $762 -5% $694 +0% $626 +5% $558 +10% $491
Rent -10% $401 -5% $514 +0% $626 +5% $739 +10% $852
Rate -1.0pp $747 -0.5pp $687 base $626 +0.5pp $564 +1.0pp $501

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
$60,000
Closing costs
$7,200
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 1 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
408 S Cypress St Hallsville, TX 4.0 2.0 1958 $2,850 $1.46 44d 1 1.17mi

Listing history 12 events

  1. 2026-06-05
    statusdays on market $240,000 Pending 42 DOM
  2. 2026-06-02
    days on market $240,000 Active 41 DOM
  3. 2026-06-01
    days on market $240,000 Active 40 DOM
  4. 2026-05-31
    days on market $240,000 Active 39 DOM
  5. 2026-05-30
    days on market $240,000 Active 38 DOM
  6. 2026-04-22
    listed $240,000 Active 1566-char remark
    Show marketing remark (1566 chars)

    Welcome to 212 Longmont, a beautifully maintained home nestled in the highly sought-after Hallsville ISD! This inviting 3-bedroom, 2-bathroom home offers the perfect blend of comfort and functionality, complete with a 2-car garage and a versatile flex space that can easily serve as a home office, playroom, or additional living area. Step inside to a warm and welcoming living room featuring neutral tones, abundant natural light, and plenty of space to relax or entertain. The home offers a seamless flow into the dining area and kitchen, where you’ll find rich cabinetry, ample counter space, and durable tile flooring that extends through the main areas—making both everyday living and cleanup a breeze. The spacious primary suite provides a private retreat, while the additional bedrooms are well-sized and thoughtfully laid out. Both bathrooms are well-appointed, offering functionality for family or guests. Outside, enjoy a peaceful setting with a large backyard—perfect for gatherings, kids, or pets—with plenty of room to make it your own. The covered front porch adds to the home’s curb appeal and offers a great spot to unwind. Major updates add peace of mind, including a roof that is less than 5 years old and AC unit that is only 3 years old. Conveniently located just minutes from town while still offering that quiet neighborhood feel, this home is move-in ready and ideal for families, first-time buyers, or anyone looking to be in Hallsville ISD. Don’t miss your opportunity to make 212 Longmont your next home!

  7. 2019-07-16
    soldstatus
  8. 2019-07-15
    soldstatus 233-char remark
    Show marketing remark (233 chars)

    Nice home in HISD. 3/2/2 with office, updated in 2010. Kitchen/dining combo. Nice size family room with fireplace. Carpet in family room and bedrooms. Plenty of room in backyard for kids to play. Close to Highway 80 and all schools.

  9. 2019-04-24
    listed $145,000 233-char remark
    Show marketing remark (233 chars)

    Nice home in HISD. 3/2/2 with office, updated in 2010. Kitchen/dining combo. Nice size family room with fireplace. Carpet in family room and bedrooms. Plenty of room in backyard for kids to play. Close to Highway 80 and all schools.

  10. 2010-10-19
    soldstatus
  11. 2008-08-28
    soldstatus
  12. 1998-04-09
    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
$3,198 · $266/mo
Projected year-2 tax
$4,392 · $366/mo
Expected delta
+$1,194/yr (+$100/mo · 37.3%)

ⓘ 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 · 24 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 62% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$34,200
− Mortgage interest
−$13,444
− Property taxes
−$3,198
− Insurance
−$1,200
− Repairs & maintenance
−$2,736
− Management
−$2,736
− Depreciation
−$6,982
Taxable income
$3,905
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$937
After-tax cash flow
$6,580/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

Price history

+65.5% since first listed
7 events — show timeline
  • 2026-04-22 Listed $240,000 LAAR
  • 2019-07-16 Sold (Public Records) Public Records
  • 2019-07-15 Sold (MLS) LAAR
  • 2019-04-24 Listed $145,000 LAAR
  • 2010-10-19 Sold (Public Records) Public Records
  • 2008-08-28 Sold (Public Records) Public Records
  • 1998-04-09 Sold (Public Records) Public Records

Property tax history

+2.3%/yr

Latest (2025): $3,198 · +8.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…