7732 Royal Fern Dr · Ponder, TX 76259

$274,990

3 bd · 2.0 ba · 1,201 sqft · SingleFamily · 145 Days on market

Built 2026 Excellent condition 6,233 sqft lot $229/sqft · 5% below area Est $290k · 5% under $38/mo HOA · 2% of rent

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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).

• ARV discount +9.8/15.0
• Cash flow +7.9/30.0
• Condition / age +5.0/5.0
• Schools +4.6/10.0
• Livability +3.2/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• DSCR +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

New and available for a Quick Move-in!! D.R. Horton America's Builder since 2002 is excited to serve as your new home builder in Monarch at the Meadows, a fabulous unique master planned community in Denton and Krum ISD! The Diana Elevation-B plan is a one-story home featuring 3 bedrooms, 2 baths, and 2-car garage. The long foyer opens to a utility room before leading into a combined living and dining area, then flowing into the grand corner kitchen. The kitchen includes a breakfast bar with beautiful granite counter tops, stainless steel appliances with gas cooking range, and corner walk-in pantry. The first bedroom is situated outside of the kitchen area with an attractive en-suite featuring a separate shower and spacious walk-in closet. The standard rear covered patio is located off the kitchen and first bedroom. Additional features include: tankless water heater; ceramic tile flooring in entry, halls and all wet areas; plush carpeting in living room and all bedrooms; cultured marble bathroom countertops; and full yard sod, landscaping and irrigation. This home includes our AMERICA'S SMART HOME base package. Using one central hub that talks to all the devices in your home, you can control the lights, thermostat and locks, all from your cellular device. Situated conveniently near Highway 35 and Highway 380, Monarch at the Meadows provides easy access to key roads, making it ideal for commuting and exploring the surrounding areas.

Key facts

• Corner kitchen
• Granite counter tops
• Gas cooking range

Tags

• MASTER PLANNED COMMUNITY
• CORNER KITCHEN
• BREAKFAST BAR
• GRANITE COUNTER TOPS
• STAINLESS STEEL APPLIANCES
• GAS COOKING RANGE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $-292 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $233k (15.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $208k (24.2% below list).
• Recommended offer: $208k (24.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 64/100 on livability (#787 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, cost of living A; Watch: amenities F, commute F, health & safety F.
• Krum ISD (rural): math 44% / reading 46% proficiency, ranked #218 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Krum Early Education Center (430 students, 49% FRL); Krum Middle (math 48% / reading 47%, grade C-, #408 of 1,662 statewide, top 25%, 541 students, 37% FRL); Krum H S (math 37% / reading 52%, grade F, #652 of 1,632 statewide, top 43%, 686 students, 31% FRL).
• Market conditions: 365 active listings in the ZIP; solid renter incomes; 10,531 units permitted in Denton County in 2024 (2,713 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.
• Denton County population projected at +66% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 145 days — a 12% lower offer ($242k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $208,457 (24.2% 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 145 days. Have you received any prior offers? Is the seller open to a 24% 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. 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?
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: 0.76% ✗
• Cap rate: 5.02%
• Cash-on-cash: -4.54%
• DSCR: 0.80
• GRM: 11.0

CMA / ARV

• ARV (median comp): $289,990
• List price: $274,990
• Delta: -5.17%
• Verdict: FAIR
• Comps: 19 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7612 Royal Fern Dr	0.09mi	3/2.0	1,201 (0%)	1mo	$277,990	$231	95
517 Amber Fields Dr	0.17mi	3/2.0	1,201 (0%)	3mo	$275,990	$230	90
652 Shaded Grove Dr	0.21mi	3/2.0	1,335 (+11%)	3mo	$289,990	$217	69
624 Shaded Grove Dr	0.19mi	3/2.0	1,335 (+11%)	4mo	$287,990	$216	69
632 Shaded Grove Dr	0.20mi	3/2.0	1,335 (+11%)	4mo	$289,990	$217	68
525 Red Admiral Ln	0.28mi	3/2.0	1,335 (+11%)	1mo	$292,990	$219	68
541 Red Admiral Ln	0.27mi	3/2.0	1,335 (+11%)	2mo	$289,990	$217	68
7613 Windy Arch Ln	0.22mi	3/2.0	1,335 (+11%)	8mo	$294,990	$221	64
7508 Cloverleaf Ct	0.60mi	3/2.0	1,349 (+12%)	0mo	$279,990	$208	51
7409 Spicebush Dr	0.54mi	3/2.0	1,349 (+12%)	11mo	$309,990	$230	45

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: -24.0%
• Equity multiple: 0.18×
• Total profit: $-63,077
• Equity at exit: $41,002

10-year hold

• IRR: -19.0%
• Equity multiple: -0.02×
• Total profit: $-78,617
• Equity at exit: $23,776

Cash invested: $76,997 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 24 active · 12 under contract
• Months of supply: 10.3 mo (10%/mo absorbed)
• Median asking: $286,990 ($223/sqft)
• Median days on market: 31 d
• This list price: 12% of active listings are priced below it
• ARV vs active asking: +8.5% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 76259

• Home prices YoY: -5.2%
• Active inventory: 365
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,085 medium
• Mortgage (P&I): −$1,442
• Tax est. 1.5%: −$344 /mo · $4,125/yr
• Insurance: −$115
• HOA: −$38
• Vacancy / Maint / Mgmt: −$438
• Net cashflow: $-292

Break-even live

Break-even rent $2,454

Max offer price $232,797

Occupancy floor —

Sensitivity live

Price	-10% $-102	-5% $-197	+0% $-292	+5% $-387	+10% $-482
Rent	-10% $-456	-5% $-374	+0% $-292	+5% $-209	+10% $-127
Rate	-1.0pp $-153	-0.5pp $-222	base $-292	+0.5pp $-363	+1.0pp $-435

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: $68,748
• Closing costs: $8,250
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

HOA detail $38/mo · $456/yr

• Likely covers: watergaslandscaping

Listing history 50 events

1. 2026-08-08
   days on market $274,990 Active 145 DOM
2. 2026-08-06
   days on market $274,990 Active 143 DOM
3. 2026-08-05
   days on market $274,990 Active 142 DOM
4. 2026-08-04
   days on market $274,990 Active 141 DOM
5. 2026-08-03
   days on market $274,990 Active 140 DOM
6. 2026-07-31
   days on market $274,990 Active 137 DOM
7. 2026-07-30
   days on market $274,990 Active 135 DOM
8. 2026-07-28
   days on market $274,990 Active 134 DOM
9. 2026-07-26
   days on market $274,990 Active 132 DOM
10. 2026-07-24
    days on market $274,990 Active 130 DOM
11. 2026-07-23
    days on market $274,990 Active 129 DOM
12. 2026-07-22
    days on market $274,990 Active 128 DOM
13. 2026-07-21
    days on market $274,990 Active 127 DOM
14. 2026-07-20
    days on market $274,990 Active 126 DOM
15. 2026-07-18
    days on market $274,990 Active 124 DOM
16. 2026-07-18
    days on market $274,990 Active 123 DOM
17. 2026-07-16
    days on market $274,990 Active 122 DOM
18. 2026-07-15
    days on market $274,990 Active 121 DOM
19. 2026-07-14
    days on market $274,990 Active 120 DOM
20. 2026-07-13
    days on market $274,990 Active 119 DOM
21. 2026-07-13
    days on market $274,990 Active 118 DOM
22. 2026-07-11
    days on market $274,990 Active 117 DOM
23. 2026-07-10
    days on market $274,990 Active 116 DOM
24. 2026-07-09
    days on market $274,990 Active 115 DOM
25. 2026-07-07
    days on market $274,990 Active 113 DOM
26. 2026-07-06
    days on market $274,990 Active 112 DOM
27. 2026-07-06
    days on market $274,990 Active 111 DOM
28. 2026-07-05
    days on market $274,990 Active 110 DOM
29. 2026-07-03
    days on market $274,990 Active 109 DOM
30. 2026-07-02
    days on market $274,990 Active 108 DOM
31. 2026-07-01
    days on market $274,990 Active 107 DOM
32. 2026-06-30
    days on market $274,990 Active 106 DOM
33. 2026-06-29
    days on market $274,990 Active 105 DOM
34. 2026-06-28
    days on market $274,990 Active 104 DOM
35. 2026-06-27
    days on market $274,990 Active 103 DOM
36. 2026-06-26
    days on market $274,990 Active 102 DOM
37. 2026-06-24
    days on market $274,990 Active 100 DOM
38. 2026-06-22
    days on market $274,990 Active 98 DOM
39. 2026-06-21
    days on market $274,990 Active 97 DOM
40. 2026-06-18
    days on market $274,990 Active 94 DOM
41. 2026-06-17
    days on market $274,990 Active 93 DOM
42. 2026-06-16
    days on market $274,990 Active 92 DOM
43. 2026-06-15
    days on market $274,990 Active 91 DOM
44. 2026-06-13
    days on market $274,990 Active 89 DOM
45. 2026-06-13
    days on market $274,990 Active 88 DOM
46. 2026-06-09
    days on market $274,990 Active 85 DOM
47. 2026-06-08
    days on market $274,990 Active 84 DOM
48. 2026-06-07
    days on market $274,990 Active 83 DOM
49. 2026-06-04
    days on market $274,990 Active 80 DOM
50. 2026-06-03
    days on market $274,990 Active 79 DOM

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

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 ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,015
• − Mortgage interest: −$15,404
• − Property taxes: −$4,125
• − Insurance: −$1,375
• − Repairs & maintenance: −$2,001
• − Management: −$2,001
• − HOA: −$456
• − Depreciation: −$8,000
• Taxable loss: −$8,347
• Est. tax savings @ 24.0%: +$2,003
• After-tax cash flow: $-1,496/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 · 2 photos

Excellent 100/100 None rehab

This home is in excellent condition with no visible repairs or maintenance needed. It is move-in ready and would benefit from a fresh coat of paint and some landscaping to further enhance its curb appeal.

Value-add opportunities

• Both Painting — Fresh paint can enhance curb appeal and interior aesthetics ↑
• Both Landscaping — Enhances curb appeal and can increase property value ↑
• Both Lighting — Improved lighting can make the home more inviting and safer ↑

F Composite school gradezoned avg 46/100

Zoned Schools

Elementary Krum Early Education Center Middle Krum Middle C- TX #408/1,662 Nat'l #4,042/14,009 High Krum H S F TX #652/1,632 Nat'l #6,890/17,239

Schools (NCES district)

• District: Krum ISD
• NCES district ID: 4825980
• Math proficiency: 44% ▼ -4.00%
• Reading proficiency: 46% ▬ 0.00%
• Median HH income: $71,808
• Composite: 40.72/100
• National rank: #3664
• State rank: #218 of 826 in TX

C Composite livability gradescore 64/100

Livability — Ponder

• Score: 64/100
• State rank: #787
• US rank: #14394

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Denton County · 1,053,010 people
• City population: 6,596
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 6,596
• Household income: $101,845
• Rent vs Own: 26.2% rent · 73.8% own
• Severe rent burden: 30% of renters

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Population outlook (Denton County) Hauer SSP2

• Today (2025): 1,053,010 people
• By 2030: 1,192,269 · +13.2%
• By 2040: 1,472,920 · +39.9%
• By 2050: 1,746,506 · +65.9%
• By 2075: 2,358,497 · +124.0%
• By 2100: 2,779,183 · +163.9%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Hispanic / Latino 11% Two or more races 8% Black 3%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Slovak 1% Romanian 1% Lithuanian 1%
• Foreign-born: 2% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 4%

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Political lean MEDSL · Denton

• 2024 margin: R (+13.2) · D 42.7% · R 55.8% · Other 1.5%
• 2008→2024 swing: +11.0pp toward D · 2008: -24.2pp · 2024: -13.2pp
• All cycles: 2024: R+13.2 2020: R+8.1 2016: R+20.2 2012: R+31.7 2008: R+24.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -15.17%
• Current HPI: 275.4082
• Rent YoY: —
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

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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

+1.1% since first listed

2 events — show timeline

• 2026-04-14 Price Changed $276,990 NTREIS
• 2026-03-15 Listed $273,990 NTREIS