2348 Trakand Dr · White Knoll, SC 29073

$269,900

3 bd · 2.5 ba · 2,012 sqft · SingleFamily public records · 33 Days on market

Built 2021 4,791 sqft lot $41/mo HOA · 2% of rent ↓ 5% since listing

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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).

• Cash flow +13.5/30.0
• ARV discount +7.5/15.0
• Schools +4.2/10.0
• DSCR +4.1/10.0
• Rent growth +3.3/5.0
• 1% rule +2.9/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

You will not want to miss the warmth and beauty of 2348 Trakand Drive in the established Bluefield Subdivision! Be sure to check out all the features this one has to provide, as it was constructed in 2021. From the wainscoting in the dining room to the elegant light fixtures, you will find the tastes to fit what you are looking for in your next home. The kitchen includes an island overlooking the living room and bar counter for seating while maintaining visibility to the backyard and your very own eat-in space. Stainless steel appliances, granite countertops, and a sizable pantry make day-to-day living feel like you are right at home. The living room coziness around the gas log fireplace an

Key facts

• 4,791 sq ft lot
• 2 garage spots
• Community pool

Property features AI

Finance

• HOA & community: Homeowners association present; Association maintains common areas, playground, pool, street lights, and green areas

Exterior

• Parking: Attached garage with 2 spaces (main level)
• Utilities: Public water; Public sewer
• Home design: Two-story home; Vinyl exterior; Paved road access
• Construction: Slab foundation
• Exterior features: Front covered porch; Uncovered back porch; Partial gutters; Sprinkler system; Rear wood fencing

Interior

• Kitchen: Eat-in kitchen with island and bar; Pantry; Granite countertops; Painted cabinets; Recessed lighting; Dishwasher; Disposal; Microwave above stove; Free-standing smooth-surface range
• Bedrooms: Master suite on second floor with double vanity, private bath, walk-in closet, tub/shower, ceiling fan, and carpeted floors; Second bedroom on second floor with walk-in closet and ceiling fan; Third bedroom on second floor with walk-in closet and ceiling fan
• Flooring: Luxury vinyl plank flooring in formal living, formal dining, and kitchen; Carpet in bedrooms
• Bathrooms: Two full bathrooms; One half bathroom; Second-level full baths (2)
• Heating & cooling: Central air conditioning; Gas heating on first level; Heat pump on second level
• Interior features: Ceiling fans throughout; Garage door opener; Smoke detector; Pull-down attic access; Gas log natural fireplace (1)
• Laundry & utility: Laundry located on second floor in heated utility room; Tankless water heater; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $270k.

Deal economics

• At list price, monthly cash flow is $11 ($130/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $212k (21.3% below list).
• Recommended offer: $212k (21.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• Lexington 01 (suburban): math 42% / reading 53% proficiency, ranked #11 of 80 in SC (top 14%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Carolina Springs Elementary (math 34% / reading 34%, grade F, #359 of 597 statewide, top 60%, 850 students, 41% FRL); Carolina Springs Middle (math 25% / reading 39%, grade F, #119 of 229 statewide, top 54%, 914 students, 46% FRL); White Knoll High (math 47% / reading 85%, grade B, #81 of 196 statewide, top 42%, 2,204 students, 45% FRL).
• Market conditions: Rents rising (+3.2%/yr); 572 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,712 units permitted in Lexington County in 2024 (0 in 5+ unit buildings).
• This rent runs 33% of the median local income ($77k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

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.
• Lexington County population projected at +26% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($262k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 73% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $212,496 (21.3% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
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: 0.79% ✗
• Cap rate: 6.34%
• Cash-on-cash: 0.17%
• DSCR: 1.01
• GRM: 10.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.24% rent growth · sell at horizon

5-year hold

• IRR: -15.8%
• Equity multiple: 0.44×
• Total profit: $-42,622
• Equity at exit: $40,243

10-year hold

• IRR: -7.1%
• Equity multiple: 0.54×
• Total profit: $-34,469
• Equity at exit: $23,336

Cash invested: $75,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 90 Strongly Landlord-Friendly
• State South Carolina: 90 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

5-day notice; preempted; landlord-favorable.

Methodology + full state rankings →

ZIP-level market 29073

• Home prices YoY: -19.1%
• Rents YoY: 3.2%
• Active inventory: 572
• Price-to-rent: 10.6×

Monthly cashflow live

• Estimated rent: $2,125 high
• Mortgage (P&I): −$1,415
• Tax from tax record: −$99 /mo · $1,189/yr
• Insurance: −$112
• HOA: −$41
• Vacancy / Maint / Mgmt: −$446
• Net cashflow: $11

Break-even live

Break-even rent $2,111

Max offer price $269,900

Occupancy floor 94%

Sensitivity live

Price	-10% $164	-5% $87	+0% $11	+5% $-66	+10% $-142
Rent	-10% $-157	-5% $-73	+0% $11	+5% $95	+10% $179
Rate	-1.0pp $147	-0.5pp $79	base $11	+0.5pp $-59	+1.0pp $-130

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: $67,475
• Closing costs: $8,097
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
307 Savannah Hills Dr Lexington, SC	3.0	2.5	1612	$1,985	$1.23	25d	1	0.09mi
2237 Trakand Dr Lexington, SC	3.0	2.5	1962	$1,975	$1.01	4d	1	0.16mi
473 Walking Ln Lexington, SC	3.0	2.5	1835	$2,100	$1.14	25d	1	0.28mi
432 Cape Jasmine Way Lexington, SC	4.0	2.5	1600	$2,049	$1.28	5d	1	0.59mi
237 Tea Olive Ave Lexington, SC	3.0	2.5	2448	$2,099	$0.86	23d	1	1.02mi

HOA detail

• Monthly dues: $41 · $492/yr
• Likely covers: gas

Listing history 4 events

1. 2026-05-31
   statusdays on market $269,900 Pending 33 DOM
2. 2026-05-16
   historical Active - Contingent
3. 2026-05-08
   price $269,900
4. 2026-04-28
   listed $285,000 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 SC · Resets to sale price

• Current annual tax: $1,189 · $99/mo
• Projected year-2 tax: $1,538 · $128/mo
• Expected delta: +$350/yr (+$29/mo · 29.4%)

ⓘ 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 ≥107°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 73% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $25,500
• − Mortgage interest: −$15,119
• − Property taxes: −$1,189
• − Insurance: −$1,350
• − Repairs & maintenance: −$2,040
• − Management: −$2,040
• − HOA: −$492
• − Depreciation: −$7,852
• Taxable loss: −$4,581
• Est. tax savings @ 24.0%: +$1,099
• After-tax cash flow: $1,229/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: Lexington 01
• NCES district ID: 4502700
• Math proficiency: 42% ▼ -12.00%
• Reading proficiency: 53% ▼ -2.00%
• Median HH income: $61,298
• Composite: 41.75/100
• National rank: #3399
• State rank: #11 of 80 in SC

Livability — White Knoll

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: White Knoll, SC
• County: Lexington County · 232,571 people
• City population: 51,471
• Metro: Columbia, SC
• Population (ZIP): 53,156
• Household income: $77,229
• Rent vs Own: 18.3% rent · 81.7% own
• Severe rent burden: 935.0

Population outlook (Lexington County) Hauer SSP2

• Today (2025): 322,999 people
• By 2030: 342,356 · +6.0%
• By 2040: 377,715 · +16.9%
• By 2050: 406,984 · +26.0%
• By 2075: 465,447 · +44.1%
• By 2100: 485,674 · +50.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (72%)
• Race & ethnicity: White 72% Black 14% Two or more races 7% Hispanic / Latino 6% Asian 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Romanian 3% Italian 2% Slovak 1%
• Foreign-born: 4% · Canada, China
• Languages at home: 93% English-only · Spanish 5% Other Indo-European 1%

Political lean MEDSL · Lexington

• 2024 margin: Solid R (+33.5) · D 32.5% · R 66.0% · Other 1.4%
• 2008→2024 swing: +4.6pp toward D · 2008: -38.0pp · 2024: -33.5pp
• All cycles: 2024: R+33.5 2020: R+30.1 2016: R+36.7 2012: R+37.8 2008: R+38.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -59.20%
• Current HPI: 249.8957
• Rent YoY: ▲ 3.24%
• Metro: Columbia, SC
• State GDP YoY: ▲ 4.51%
• F500 in state: 2

Industry mix (Fortune 500 HQ in SC)

Industry	F500 HQs	Revenue
▸Packaging	1	$7B

Price history

-5.3% since first listed

3 events — show timeline

• 2026-05-16 Contingent — Consolidated MLS
• 2026-05-08 Price Changed $269,900 Consolidated MLS
• 2026-04-28 Listed $285,000 Consolidated MLS

Property tax history

+0.1%/yr

Latest (2024): $1,189 · +4.4% YoY. Source: county tax records.