1001 W Bond St · Pampa, TX 79065

$59,900

3 bd · 2.0 ba · 1,616 sqft · SingleFamily public records · 127 Days on market

Built 1974 0.29 ac lot $37/sqft · 11% below area Est $67k · 11% under ↓ 14% 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 +15.0/30.0
• ARV discount +12.4/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.8/5.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

3-bedroom, 1.5-bath home featuring plank flooring throughout and a warm, homey kitchen. The isolated master bedroom offers added privacy. Enjoy a true dining room and a separate utility room for extra functionality. Outside, you'll find a large, newly fenced backyard, with the front yard also fully fenced, and a storm shelter—perfect for pets, kids, or added privacy.

Key facts

• True dining room
• Plank flooring
• 0.29 acre lot

Tags

• PLANK FLOORING
• ISOLATED MASTER BEDROOM
• TRUE DINING ROOM
• SEPARATE UTILITY ROOM
• NEWLY FENCED BACKYARD
• FULLY FENCED FRONT YARD

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $60k.

Deal economics

• At list price, monthly cash flow is $3k ($40k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $60k).
• Recommended offer: $53k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 75/100 on livability (#128 in TX, #3,885 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools D+, employment D+, crime F.
• Pampa ISD (town): math 38% / reading 36% proficiency, ranked #482 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 182 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 7 units permitted in Gray County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $414 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Gray County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $17k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 127 days — a 12% lower offer ($53k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price.
• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $52,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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 D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 8.05% ✓
• Cap rate: 73.16%
• Cash-on-cash: 238.80%
• DSCR: 11.63
• GRM: 1.0

CMA / ARV

• ARV (median comp): $67,204
• List price: $59,900
• Delta: -10.87%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: —
• Equity multiple: 13.10×
• Total profit: $202,980
• Equity at exit: $8,931

10-year hold

• IRR: —
• Equity multiple: 27.89×
• Total profit: $450,919
• Equity at exit: $5,179

Cash invested: $16,772 (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 →

ZIP-level market 79065

• Active inventory: 182
• Price-to-rent: 1.0×

Monthly cashflow live

• Estimated rent: $4,821 medium
• Mortgage (P&I): −$314
• Tax from tax record: −$132 /mo · $1,586/yr
• Insurance: −$25
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,012
• Net cashflow: $3,338

Break-even live

Break-even rent $596

Max offer price $59,900

Occupancy floor 26%

Sensitivity live

Price	-10% $3,372	-5% $3,355	+0% $3,338	+5% $3,321	+10% $3,304
Rent	-10% $2,957	-5% $3,147	+0% $3,338	+5% $3,528	+10% $3,719
Rate	-1.0pp $3,368	-0.5pp $3,353	base $3,338	+0.5pp $3,322	+1.0pp $3,306

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: $14,975
• Closing costs: $1,797
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1132 S Hobart St Pampa, TX	4.0	1.5	1627	$5,000	$3.07	44d	1	0.07mi
828 N Nelson St Pampa, TX	4.0	2.5	1778	$2,000	$1.12	44d	1	1.45mi

Listing history 22 events

1. 2026-06-21
   days on market $59,900 Active 127 DOM
2. 2026-06-18
   days on market $59,900 Active 125 DOM
3. 2026-06-17
   days on market $59,900 Active 124 DOM
4. 2026-06-16
   days on market $59,900 Active 123 DOM
5. 2026-06-15
   days on market $59,900 Active 122 DOM
6. 2026-06-15
   days on market $59,900 Active 121 DOM
7. 2026-06-13
   days on market $59,900 Active 120 DOM
8. 2026-06-12
   days on market $59,900 Active 119 DOM
9. 2026-06-10
   days on market $59,900 Active 116 DOM
10. 2026-06-08
    days on market $59,900 Active 115 DOM
11. 2026-06-08
    days on market $59,900 Active 114 DOM
12. 2026-06-03
    days on market $59,900 Active 110 DOM
13. 2026-06-02
    days on market $59,900 Active 109 DOM
14. 2026-06-01
    days on market $59,900 Active 108 DOM
15. 2026-05-31
    days on market $59,900 Active 107 DOM
16. 2026-04-23
    price $59,900 375-char remark

    Show marketing remark (370 chars)

    3-bedroom, 1.5-bath home featuring plank flooring throughout and a warm, homey kitchen. The isolated master bedroom offers added privacy. Enjoy a true dining room and a separate utility room for extra functionality. Outside, you'll find a large, newly fenced backyard, with the front yard also fully fenced, and a storm shelter--perfect for pets, kids, or added privacy.

17. 2026-04-23
    price $59,900 370-char remark

    Show marketing remark (370 chars)

    3-bedroom, 1.5-bath home featuring plank flooring throughout and a warm, homey kitchen. The isolated master bedroom offers added privacy. Enjoy a true dining room and a separate utility room for extra functionality. Outside, you'll find a large, newly fenced backyard, with the front yard also fully fenced, and a storm shelter--perfect for pets, kids, or added privacy.

18. 2026-03-26
    price $64,900 370-char remark

    Show marketing remark (370 chars)

    3-bedroom, 1.5-bath home featuring plank flooring throughout and a warm, homey kitchen. The isolated master bedroom offers added privacy. Enjoy a true dining room and a separate utility room for extra functionality. Outside, you'll find a large, newly fenced backyard, with the front yard also fully fenced, and a storm shelter--perfect for pets, kids, or added privacy.

19. 2026-02-08
    listed $69,900 Active 375-char remark

    Show marketing remark (375 chars)

    3-bedroom, 1.5-bath home featuring plank flooring throughout and a warm, homey kitchen. The isolated master bedroom offers added privacy. Enjoy a true dining room and a separate utility room for extra functionality. Outside, you'll find a large, newly fenced backyard, with the front yard also fully fenced, and a storm shelter—perfect for pets, kids, or added privacy.

20. 2026-01-29
    listed $69,900 Active 370-char remark

    Show marketing remark (370 chars)

    3-bedroom, 1.5-bath home featuring plank flooring throughout and a warm, homey kitchen. The isolated master bedroom offers added privacy. Enjoy a true dining room and a separate utility room for extra functionality. Outside, you'll find a large, newly fenced backyard, with the front yard also fully fenced, and a storm shelter--perfect for pets, kids, or added privacy.

21. 2020-02-27
    soldstatus
22. 2015-06-04
    soldstatus

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

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,586 · $132/mo
• Projected year-2 tax: $1,586 · $132/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 9/10 Extreme
• 🌡 Heat 5/10 Major 7 d/yr ≥99°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $57,857
• − Mortgage interest: −$3,355
• − Property taxes: −$1,586
• − Insurance: −$300
• − Repairs & maintenance: −$4,629
• − Management: −$4,629
• − Depreciation: −$1,743
• Taxable income: $41,617
• Est. tax owed @ 24.0%: −$9,988
• After-tax cash flow: $30,064/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: Pampa ISD
• NCES district ID: 4834170
• Math proficiency: 38% ▼ -10.00%
• Reading proficiency: 36% ▬ 0.00%
• Median HH income: $43,741
• Composite: 31.43/100
• National rank: #5986
• State rank: #482 of 826 in TX

Livability — Pampa

• Score: 75/100
• State rank: #128
• US rank: #3885

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pampa, TX
• Population (ZIP): 19,569

Population outlook (Gray County) Hauer SSP2

• Today (2025): 24,965 people
• By 2030: 26,105 · +4.6%
• By 2040: 28,752 · +15.2%
• By 2050: 31,859 · +27.6%
• By 2075: 39,812 · +59.5%
• By 2100: 43,284 · +73.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (59%)
• Race & ethnicity: White 59% Hispanic / Latino 32% Two or more races 6% Black 5% Native American 1%
• Hispanic origin (detail): Mexican 29%
• Common ancestry: Slovak 3% Iranian 2% Lithuanian 2%
• Foreign-born: 10% · Canada, South Korea
• Languages at home: 79% English-only · Spanish 21%

Political lean MEDSL · Gray

• 2024 margin: Solid R (+77.1) · D 11.2% · R 88.3%
• 2008→2024 swing: -6.2pp toward R · 2008: -71.0pp · 2024: -77.1pp
• All cycles: 2024: R+77.1 2020: R+77.2 2016: R+78.8 2012: R+75.2 2008: R+71.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.67%
• Current HPI: 128.8525
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-14.3% since first listed

7 events — show timeline

• 2026-04-23 Price Changed $59,900 AARMLS
• 2026-04-23 Price Changed $59,900 PBOR
• 2026-03-26 Price Changed $64,900 PBOR
• 2026-02-08 Listed $69,900 AARMLS
• 2026-01-29 Listed $69,900 PBOR
• 2020-02-27 Sold (Public Records) — Public Records
• 2015-06-04 Sold (Public Records) — Public Records

Property tax history

+7.2%/yr

Latest (2025): $1,586 · +5.7% YoY. Source: county tax records.