CashFlowRE
Sign in Sign up
2310 Bellewood Ct
D Composite 41.91
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).

  • ARV discount +14.5/15.0
  • Cash flow +8.8/30.0
  • Condition / age +3.8/5.0
  • Schools +3.6/10.0
  • Livability +3.4/5.0
  • 1% rule +3.0/10.0
  • Rent growth +2.5/5.0
  • DSCR +2.4/10.0
  • Appreciation +0.0/10.0

$255,000

2310 Bellewood Ct · Crandall, TX 75114
3 bd · 2.0 ba · 1,647 sqft · SingleFamily · 185 Days on market
Built 2021 Good condition 6,360 sqft lot $155/sqft · 16% below area Est $302k · 16% under $50/mo HOA · 2% of rent ↓ 7% since listing

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

Listing remarks MLS

Better than new and thoughtfully upgraded. This 3 bedroom, 2 full bath open-concept home offers a layout buyers love with details that set it apart. The main living areas feature wood-look tile for durability and style, flowing seamlessly into a bright kitchen with a dedicated coffee bar, perfect for daily routines or entertaining. The primary suite is a true retreat with a garden tub, separate shower, and double sinks. Custom blinds are installed throughout the home. A tankless water heater adds efficiency and long-term savings. The garage stands out with epoxy flooring, insulated garage with HVAC, ideal for hobbyists or anyone who values organization and functionality. Out back, enjoy the rare benefit of backing to a walking trail and green space. No neighbors behind you, just privacy and peaceful views. Located in a master-planned community with a resort-style pool, fitness center, clubhouse, and planned activities. This home combines comfort, upgrades, and lifestyle in one package.

Key facts

  • Open-concept home
  • Dedicated coffee bar
  • Epoxy flooring

Tags

OPEN-CONCEPT HOMEDEDICATED COFFEE BARGARDEN TUBTANKLESS WATER HEATEREPOXY FLOORINGBUILT-IN WEATHER STATION

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 $255k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-210 ($-3k/yr) — negative.
  • To cash-flow at today's rent, offer at most $218k (14.6% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (20.0% below list).
  • Recommended offer: $204k (20.0% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 68/100 on livability (#507 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: crime F, amenities F, commute F.
  • Crandall ISD (rural): math 36% / reading 42% proficiency, ranked #351 of 826 in TX (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Nola Kathryn Wilson El (math 40% / reading 45%, grade F, #1,313 of 4,322 statewide, top 31%, 596 students, 59% FRL); Crandall Middle (math 38% / reading 42%, grade F, #646 of 1,662 statewide, top 40%, 983 students, 60% FRL); Crandall H S (math 33% / reading 53%, grade F, #713 of 1,632 statewide, top 44%, 1,707 students, 56% FRL) — zoned schools average 58% FRL vs 41% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 802 active listings in the ZIP; 31 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 1,747 units permitted in Kaufman County in 2024 (180 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 $8k of value loss. Plan a longer hold.
  • Kaufman County population projected at +43% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 185 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask is 10525% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major 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 $204,049 (20.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 185 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  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 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?
  7. Crime grade is F 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?
  8. 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?
  9. 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.
  10. 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.
  11. 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
0.80%
Cap rate
5.30%
Cash-on-cash
-3.54%
DSCR
0.84
GRM
10.4

CMA / ARV

ARV (median comp)
$301,851
List price
$255,000
Delta
-15.52%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2228 Starling St 0.12mi 4/2.0 (+1) 1,456 (-12%) 1mo $264,000 $181 70
2071 Wildcat Trl 0.31mi 3/2.0 1,480 (-10%) 1mo $244,900 $165 68
2844 Gose Ln 0.50mi 3/2.0 1,586 (-4%) 4mo $271,740 $171 67
2302 Broken Bow Trl 0.16mi 4/2.0 (+1) 1,836 (+12%) 4mo $258,500 $141 65
2944 Bunker Hill Ln 0.56mi 3/2.0 1,586 (-4%) 4mo $271,740 $171 64
2717 Dewlend Dr 0.59mi 3/2.0 1,586 (-4%) 4mo $271,740 $171 63
2709 Dewlend Dr 0.62mi 3/2.0 1,586 (-4%) 3mo $274,740 $173 62
2826 Gose Ln 0.54mi 3/2.0 1,521 (-8%) 2mo $259,990 $171 61
2213 Nightgrove Cir 0.56mi 3/2.0 1,500 (-9%) 1mo $223,000 $149 58
2607 Ocean View Dr 0.57mi 3/2.0 1,518 (-8%) 3mo $264,740 $174 58
2525 Talus Run 0.62mi 3/2.0 1,521 (-8%) 1mo $275,240 $181 57
2407 Margaret St 0.63mi 3/2.0 1,518 (-8%) 2mo $257,765 $170 56

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
-22.2%
Equity multiple
0.23×
Total profit
$-54,652
Equity at exit
$38,021
10-year hold
IRR
-16.1%
Equity multiple
0.10×
Total profit
$-64,567
Equity at exit
$22,048

Cash invested: $71,400 (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 75114

Home prices YoY
-26.7%
Active inventory
802
Price-to-rent
10.4×

Monthly cashflow live

Estimated rent
$2,040 high interval (Pro) →
Mortgage (P&I)
$1,337
Tax from tax record
$329 /mo · $3,946/yr
Insurance
$106
HOA
$50
Vacancy / Maint / Mgmt
$429
Net cashflow
$-210

Break-even live

Break-even rent $2,307
Max offer price $217,838
Occupancy floor

Sensitivity live

Price -10% $-66 -5% $-138 +0% $-210 +5% $-283 +10% $-355
Rent -10% $-372 -5% $-291 +0% $-210 +5% $-130 +10% $-49
Rate -1.0pp $-82 -0.5pp $-146 base $-210 +0.5pp $-276 +1.0pp $-344

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
$63,750
Closing costs
$7,650
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 31 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2505 Milne Ct Crandall, TX 3.0 2.0 1450 $2,500 $1.72 20d 1 0.56mi
2043 Serval Ln Crandall, TX 3.0 2.0 1544 $2,100 $1.36 45d 1 0.58mi
3324 Price Trl Crandall, TX 3.0 2.0 1296 $1,995 $1.54 18d 1 0.84mi
2117 Ocelot St Crandall, TX 3.0 2.0 1481 $1,875 $1.27 45d 1 0.85mi
2960 Wallace Wells Ct Crandall, TX 3.0 2.0 1440 $2,000 $1.39 45d 1 0.86mi
3104 Helix Bay Dr Crandall, TX 3.0 2.0 1266 $1,675 $1.32 26d 1 0.86mi
2961 Wallace Wells Ct Crandall, TX 3.0 2.0 1266 $1,855 $1.47 3d 1 0.87mi
2127 Ocelot St Crandall, TX 3.0 2.0 1383 $2,200 $1.59 45d 1 0.88mi
3101 Helix Bay Dr Crandall, TX 3.0 2.0 1266 $1,745 $1.38 26d 1 0.89mi
3103 Helix Bay Dr Crandall, TX 3.0 2.0 1440 $1,729 $1.20 4d 1 0.89mi
2973 Wallace Wells Ct Crandall, TX 3.0 2.0 1440 $1,665 $1.16 45d 1 0.91mi
3121 Helix Bay Dr Crandall, TX 3.0 2.0 1440 $1,675 $1.16 45d 1 0.93mi
3352 Beckwith Way Crandall, TX 3.0 2.0 1266 $1,750 $1.38 0d 1 0.94mi
2991 Wallace Wells Ct Crandall, TX 3.0 2.0 1266 $1,895 $1.50 45d 1 0.97mi
3007 Wallace Wells Ct Crandall, TX 3.0 2.0 1440 $1,950 $1.35 45d 1 1.03mi
4171 Silverstein St Crandall, TX 3.0 2.0 1311 $1,900 $1.45 14d 1 1.05mi
4152 Silverstein St Crandall, TX 3.0 2.0 1266 $1,925 $1.52 26d 1 1.06mi
3315 Beckwith Way Crandall, TX 3.0 2.0 1440 $1,685 $1.17 45d 1 1.08mi
1322 Olivewood Pl Crandall, TX 3.0 2.0 1458 $2,100 $1.44 9d 1 1.22mi
1322 Olivewood Pl Crandall, TX 3.0 2.0 1458 $2,100 $1.44 0d 1 1.22mi
2306 Great Belt Blvd Crandall, TX 3.0 2.0 1266 $1,695 $1.34 45d 1 1.29mi
2302 Great Belt Blvd Crandall, TX 3.0 2.0 1266 $1,650 $1.30 4d 1 1.30mi
2294 Great Belt Blvd Crandall, TX 3.0 2.0 1266 $1,815 $1.43 26d 1 1.31mi
106 N 4th St Crandall, TX 3.0 2.0 1200 $2,000 $1.67 45d 1 1.31mi
2603 Khaju Grv Crandall, TX 3.0 2.0 1266 $1,699 $1.34 4d 1 1.38mi
2504 Cornado Way Crandall, TX 3.0 2.0 1440 $1,799 $1.25 45d 1 1.40mi
2511 Cornado Way Crandall, TX 3.0 2.0 1239 $1,799 $1.45 26d 1 1.41mi
2311 Alcantara Ave Crandall, TX 3.0 2.0 1220 $1,740 $1.43 0d 1 1.45mi
505 S 5th St Crandall, TX 3.0 2.0 1360 $1,900 $1.40 45d 1 1.46mi
2307 Albert Ln Crandall, TX 4.0 3.0 2088 $2,500 $1.20 26d 1 1.50mi
4624 Verdin St Crandall, TX 3.0 2.0 1390 $1,950 $1.40 0d 1 1.50mi

HOA detail

Monthly dues
$50 · $600/yr
Likely covers
waterpoolgym

Listing history 19 events

  1. 2026-06-21
    days on market $255,000 Active 185 DOM
  2. 2026-06-18
    days on market $255,000 Active 182 DOM
  3. 2026-06-17
    days on market $255,000 Active 181 DOM
  4. 2026-06-16
    days on market $255,000 Active 180 DOM
  5. 2026-06-15
    days on market $255,000 Active 179 DOM
  6. 2026-06-13
    days on market $255,000 Active 177 DOM
  7. 2026-06-09
    days on market $255,000 Active 173 DOM
  8. 2026-06-08
    days on market $255,000 Active 172 DOM
  9. 2026-06-07
    pricedays on market $255,000 Active 171 DOM
  10. 2026-06-04
    days on market $250,000 Active 168 DOM
  11. 2026-06-03
    days on market $250,000 Active 167 DOM
  12. 2026-06-02
    days on market $250,000 Active 166 DOM
  13. 2026-06-01
    days on market $250,000 Active 165 DOM
  14. 2026-05-31
    days on market $250,000 Active 164 DOM
  15. 2026-03-28
    price $255,000 1000-char remark
    Show marketing remark (1000 chars)

    Better than new and thoughtfully upgraded. This 3 bedroom, 2 full bath open-concept home offers a layout buyers love with details that set it apart. The main living areas feature wood-look tile for durability and style, flowing seamlessly into a bright kitchen with a dedicated coffee bar, perfect for daily routines or entertaining. The primary suite is a true retreat with a garden tub, separate shower, and double sinks. Custom blinds are installed throughout the home. A tankless water heater adds efficiency and long-term savings. The garage stands out with epoxy flooring, insulated garage with HVAC, ideal for hobbyists or anyone who values organization and functionality. Out back, enjoy the rare benefit of backing to a walking trail and green space. No neighbors behind you, just privacy and peaceful views. Located in a master-planned community with a resort-style pool, fitness center, clubhouse, and planned activities. This home combines comfort, upgrades, and lifestyle in one package.

  16. 2026-03-16
    price $259,000 1000-char remark
    Show marketing remark (1000 chars)

    Better than new and thoughtfully upgraded. This 3 bedroom, 2 full bath open-concept home offers a layout buyers love with details that set it apart. The main living areas feature wood-look tile for durability and style, flowing seamlessly into a bright kitchen with a dedicated coffee bar, perfect for daily routines or entertaining. The primary suite is a true retreat with a garden tub, separate shower, and double sinks. Custom blinds are installed throughout the home. A tankless water heater adds efficiency and long-term savings. The garage stands out with epoxy flooring, insulated garage with HVAC, ideal for hobbyists or anyone who values organization and functionality. Out back, enjoy the rare benefit of backing to a walking trail and green space. No neighbors behind you, just privacy and peaceful views. Located in a master-planned community with a resort-style pool, fitness center, clubhouse, and planned activities. This home combines comfort, upgrades, and lifestyle in one package.

  17. 2026-02-13
    price $260,000 1000-char remark
    Show marketing remark (1000 chars)

    Better than new and thoughtfully upgraded. This 3 bedroom, 2 full bath open-concept home offers a layout buyers love with details that set it apart. The main living areas feature wood-look tile for durability and style, flowing seamlessly into a bright kitchen with a dedicated coffee bar, perfect for daily routines or entertaining. The primary suite is a true retreat with a garden tub, separate shower, and double sinks. Custom blinds are installed throughout the home. A tankless water heater adds efficiency and long-term savings. The garage stands out with epoxy flooring, insulated garage with HVAC, ideal for hobbyists or anyone who values organization and functionality. Out back, enjoy the rare benefit of backing to a walking trail and green space. No neighbors behind you, just privacy and peaceful views. Located in a master-planned community with a resort-style pool, fitness center, clubhouse, and planned activities. This home combines comfort, upgrades, and lifestyle in one package.

  18. 2025-12-19
    listed $2,400
  19. 2025-12-17
    listed $275,000 Active 1000-char remark
    Show marketing remark (1000 chars)

    Better than new and thoughtfully upgraded. This 3 bedroom, 2 full bath open-concept home offers a layout buyers love with details that set it apart. The main living areas feature wood-look tile for durability and style, flowing seamlessly into a bright kitchen with a dedicated coffee bar, perfect for daily routines or entertaining. The primary suite is a true retreat with a garden tub, separate shower, and double sinks. Custom blinds are installed throughout the home. A tankless water heater adds efficiency and long-term savings. The garage stands out with epoxy flooring, insulated garage with HVAC, ideal for hobbyists or anyone who values organization and functionality. Out back, enjoy the rare benefit of backing to a walking trail and green space. No neighbors behind you, just privacy and peaceful views. Located in a master-planned community with a resort-style pool, fitness center, clubhouse, and planned activities. This home combines comfort, upgrades, and lifestyle in one package.

ⓘ 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
$3,946 · $329/mo
Projected year-2 tax
$4,666 · $389/mo
Expected delta
+$720/yr (+$60/mo · 18.3%)

ⓘ 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 6/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 25 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$24,486
− Mortgage interest
−$14,284
− Property taxes
−$3,946
− Insurance
−$1,275
− Repairs & maintenance
−$1,959
− Management
−$1,959
− HOA
−$600
− Depreciation
−$7,418
Taxable loss
−$6,955
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,669
After-tax cash flow
$-855/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.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab

This well-maintained, thoughtfully upgraded home offers a modern and functional living space with good condition and minimal repairs needed.

Value-add opportunities

  • Both Paint exterior trim — Enhances curb appeal and value
  • Both Clean gutters — Improves drainage and property value

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior trim — Enhances curb appeal and value
  • Both Clean gutters — Improves drainage and property value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Crandall ISD
NCES district ID
4815510
Math proficiency
36% ▼ -13.00%
Reading proficiency
42% ▼ -8.00%
Median HH income
$70,076
Composite
35.57/100
National rank
#4901
State rank
#351 of 826 in TX

Livability — Crandall

Score
68/100
State rank
#507
US rank
#10022

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Kaufman County · 122,338 people
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
9,333
Household income
$88,013
Rent vs Own
12.7% rent · 87.3% own
Severe rent burden
33.0

Population outlook (Kaufman County) Hauer SSP2

Today (2025)
138,716 people
By 2030
150,815 · +8.7%
By 2040
174,877 · +26.1%
By 2050
198,020 · +42.8%
By 2075
251,908 · +81.6%
By 2100
285,325 · +105.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.62)
Race & ethnicity
White 48% Hispanic / Latino 36% Two or more races 14% Black 14%
Hispanic origin (detail)
Mexican 34%
Common ancestry
Slovak 1%
Foreign-born
18% · Canada, China
Languages at home
71% English-only · Spanish 27% Other Indo-European 1%

Political lean MEDSL · Kaufman

2024 margin
Strong R (+27.9) · D 35.6% · R 63.5%
2008→2024 swing
+7.9pp toward D · 2008: -35.8pp · 2024: -27.9pp
All cycles
2024: R+27.9 2020: R+33.9 2016: R+47.0 2012: R+44.4 2008: R+35.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -71.61%
Current HPI
196.4773
Rent YoY
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-7.3% since first listed
5 events — show timeline
  • 2026-03-28 Price Changed $255,000 NTREIS
  • 2026-03-16 Price Changed $259,000 NTREIS
  • 2026-02-13 Price Changed $260,000 NTREIS
  • 2025-12-19 Listed for Rent $2,400 NTREIS
  • 2025-12-17 Listed $275,000 NTREIS

Property tax history

+37.5%/yr

Latest (2025): $3,946 · -4.8% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…