574 Oaklawn Dr · Praesel, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- —
Fire risk 4/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 8/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 8/10 · Major
- Chance of severe wind over 30 yrs
- 80.0%
Air-quality risk 1/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 0 days/yr
Risk factors via First Street. Map © Google.
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 +23.8/30.0
- ARV discount +12.0/15.0
- DSCR +7.7/10.0
- 1% rule +5.3/10.0
- Schools +3.5/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$159,700
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
Key facts
- New window units
- Wall heaters
- No hoa
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $160k.
Deal economics
- At list price, monthly cash flow is $306 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $160k).
- Recommended offer: $141k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
- Rockdale ISD (town): math 40% / reading 43% proficiency, ranked #395 of 826 in TX (top 48%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: 161 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 77 units permitted in Milam County in 2024 (0 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Milam County population projected to shrink 9% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
Negotiation context
- It's been on market 259 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 3y 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
- Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 259 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.03% ✓
- Cap rate
- 8.59%
- Cash-on-cash
- 8.22%
- DSCR
- 1.37
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $177,514
- List price
- $159,700
- Delta
- -10.04%
- Verdict
- UNDERPRICED
- Comps
- 8 within 1.0 mi
Show comp detail 2 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 370 Sierra Dr | 0.15mi | 3/1.5 (-1) | 1,472 (+9%) | 21mo | $215,000 | $146 | 53 |
| 509 Pickel Dr | 0.40mi | 3/2.0 (-1) | 1,534 (+14%) | 12mo | $229,275 | $149 | 44 |
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
- IRR
- -3.8%
- Equity multiple
- 0.86×
- Total profit
- $-6,415
- Equity at exit
- $23,812
- IRR
- 5.8%
- Equity multiple
- 1.43×
- Total profit
- $19,364
- Equity at exit
- $13,808
Cash invested: $44,716 (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
ZIP-level market 76567
- Home prices YoY
- -12.9%
- Active inventory
- 161
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,650 medium interval (Pro) →
- Mortgage (P&I)
- −$837
- Tax from tax record
- −$93 /mo · $1,119/yr
- Insurance
- −$67
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$346
- Net cashflow
- $306
Break-even live
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
- $39,925
- Closing costs
- $4,791
- 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
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 823 Hickory St Rockdale, TX | 3.0 | 2.0 | 1244 | $1,650 | $1.33 | 43d | 1 | 1.18mi |
Listing history 48 events
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2026-06-18days on market $159,700 Active 259 DOM
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2026-06-17days on market $159,700 Active 258 DOM
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2026-06-16days on market $159,700 Active 257 DOM
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2026-06-15days on market $159,700 Active 256 DOM
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2026-06-15days on market $159,700 Active 255 DOM
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2026-06-13days on market $159,700 Active 254 DOM
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2026-06-12days on market $159,700 Active 253 DOM
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2026-06-09days on market $159,700 Active 250 DOM
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2026-06-08days on market $159,700 Active 249 DOM
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2026-06-08days on market $159,700 Active 248 DOM
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2026-06-07days on market $159,700 Active 247 DOM
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2026-06-03days on market $159,700 Active 244 DOM
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2026-06-02days on market $159,700 Active 243 DOM
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2026-06-01days on market $159,700 Active 242 DOM
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2026-05-31days on market $159,700 Active 241 DOM
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2026-05-16status Active 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
-
2026-05-10status Active 776-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
-
2026-04-03historical Active Under Contract 776-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
-
2026-04-03historical Active Under Contract 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2026-03-26price $159,800 776-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
-
2026-03-26price $159,800 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
-
2026-03-05status Active 776-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
-
2026-03-05status Active 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
-
2026-02-21historical Active Under Contract 776-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2026-02-21status Pending 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
-
2026-02-19status Active 776-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
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2026-02-14price $159,900 776-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
-
2026-02-13historical Active Under Contract 776-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
-
2026-01-02status Active 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-12-31historical 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-11-20price $164,300 776-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-11-20price $159,900 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-11-06price $164,400 776-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-11-06price $164,400 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-10-16price $164,500 776-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-10-16price $164,500 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-10-08price $164,600 985-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
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2025-10-08price $164,600 776-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
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2025-10-02price $164,700 985-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
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2025-10-02$164,700 Active 776-char remark
Show marketing remark (776 chars)
Seller offering $5,000 in flex cash to be used toward rate buy-down, closing costs, or however you choose! Welcome to 574 Oaklawn Dr, located in the peaceful countryside of Rockdale, TX. This 4-bedroom home sits on nearly 1/3 acre, providing the perfect balance of space and seclusion while still close to city conveniences. Recent updates include stainless steel appliances (to be installed), updated bathroom vanities, freshly painted interior and cabinets, new window units, and wall heaters. With no HOA, you’ll have room to spread out and enjoy your property freely. Whether you need extra bedrooms, a home office, or hobby space, this home offers flexibility and charm all at an affordable price. Don’t miss the opportunity to make 574 Oaklawn your new home!
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2025-09-24price $164,800 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-09-17price $164,900 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-09-13$165,000 Active 985-char remark
Show marketing remark (985 chars)
Seller is offering $5,000 toward flex cash!!! Use this for rate buy down, closing costs, or whatever you choose!!! Contact your agent or the listing agent to find out more information. Welcome to 574 Oaklawn in the peaceful countryside of Rockdale, TX. Close enough to the major city and far enough to be outside and enjoy seclusion. This home is situation on near 1/3 acre of land to enjoy the outdoors with a perfect lot size. This home has been updated with affordability in mind. All the necessary updates without breaking the bank. Stainless steel appliances being installed this coming week, updated bathroom vanities, freshly painted interior and cabinets, newly installed window units and wall heaters, this home invites you in with its charm. With 4 bedrooms, you have all the indoor space you need for family, sewing parlor, office space or whichever you choose. No HOA so you can spread out in peace. Come check out 574 Oaklawn today and let's make this place your new home!
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2025-09-12soldstatus
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2023-04-27soldstatus Closed
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2023-04-24status Pending
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2023-04-11price $80,000
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2023-03-20$90,000 Active
ⓘ 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
- $1,119 · $93/mo
- Projected year-2 tax
- $2,923 · $244/mo
- Expected delta
- +$1,804/yr (+$150/mo · 161.2%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low 0% chance over 30 yrs
- Wildfire 4/10 Moderate
- Heat 8/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
- Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
- Air quality 1/10 Low 0 unhealthy d/yr today · 0 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
- $19,800
- − Mortgage interest
- −$8,946
- − Property taxes
- −$1,119
- − Insurance
- −$798
- − Repairs & maintenance
- −$1,584
- − Management
- −$1,584
- − Depreciation
- −$4,646
- Taxable income
- $1,123
- Est. tax owed @ 24.0%
- −$270
- After-tax cash flow
- $3,405/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
- Rockdale ISD
- NCES district ID
- 4837590
- Math proficiency
- 40% ▼ -1.00%
- Reading proficiency
- 43% ▬ 0.00%
- Median HH income
- $38,586
- Composite
- 34.64/100
- National rank
- #5147
- State rank
- #395 of 826 in TX
Livability — Praesel
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- Praesel, TX
- City population
- 8,457
- Population (ZIP)
- 8,457
Population outlook (Milam County) Hauer SSP2
- Today (2025)
- 24,051 people
- By 2030
- 23,613 · -1.8%
- By 2040
- 22,693 · -5.6%
- By 2050
- 21,879 · -9.0%
- By 2075
- 20,974 · -12.8%
- By 2100
- 19,414 · -19.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (63%)
- Race & ethnicity
- White 63% Hispanic / Latino 30% Two or more races 11% Black 5%
- Hispanic origin (detail)
- Mexican 25% Puerto Rican 2%
- Common ancestry
- Slovak 2% Lithuanian 2% Serbian 1%
- Foreign-born
- 11% · Canada, Jamaica
- Languages at home
- 78% English-only · Spanish 21% Korean 1%
Political lean MEDSL · Milam
- 2024 margin
- Solid R (+57.3) · D 21.0% · R 78.3%
- 2008→2024 swing
- -31.3pp toward R · 2008: -26.0pp · 2024: -57.3pp
- All cycles
- 2024: R+57.3 2020: R+51.9 2016: R+49.9 2012: R+34.6 2008: R+26.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -32.12%
- Current HPI
- 217.5536
- 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 |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
+77.6% since first listed33 events — show timeline
- 2026-05-16 Relisted — CTXMLS
- 2026-05-10 Relisted — Unlock MLS
- 2026-04-03 Contingent — Unlock MLS
- 2026-04-03 Contingent — CTXMLS
- 2026-03-26 Price Changed $159,800 Unlock MLS
- 2026-03-26 Price Changed $159,800 CTXMLS
- 2026-03-05 Relisted — Unlock MLS
- 2026-03-05 Relisted — CTXMLS
- 2026-02-21 Contingent — Unlock MLS
- 2026-02-21 Pending — CTXMLS
- 2026-02-19 Relisted — Unlock MLS
- 2026-02-14 Price Changed $159,900 Unlock MLS
- 2026-02-13 Contingent — Unlock MLS
- 2026-01-02 Relisted — CTXMLS
- 2025-12-31 Listing Removed — CTXMLS
- 2025-11-20 Price Changed $164,300 Unlock MLS
- 2025-11-20 Price Changed $159,900 CTXMLS
- 2025-11-06 Price Changed $164,400 Unlock MLS
- 2025-11-06 Price Changed $164,400 CTXMLS
- 2025-10-16 Price Changed $164,500 Unlock MLS
- 2025-10-16 Price Changed $164,500 CTXMLS
- 2025-10-08 Price Changed $164,600 CTXMLS
- 2025-10-08 Price Changed $164,600 Unlock MLS
- 2025-10-02 Price Changed $164,700 CTXMLS
- 2025-10-02 Listed $164,700 Unlock MLS
- 2025-09-24 Price Changed $164,800 CTXMLS
- 2025-09-17 Price Changed $164,900 CTXMLS
- 2025-09-13 Listed $165,000 CTXMLS
- 2025-09-12 Sold (Public Records) — Public Records
- 2023-04-27 Sold (MLS) — BCSRMLS
- 2023-04-24 Pending — BCSRMLS
- 2023-04-11 Price Changed $80,000 BCSRMLS
- 2023-03-20 Listed $90,000 BCSRMLS
Property tax history
+3.7%/yrLatest (2025): $1,119 · +10.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…