1209 Loving · Mason, TX 76856

$160,000

3 bd · 1.0 ba · 1,092 sqft · SingleFamily public records · 121 Days on market

Built 2010 6,098 sqft lot $147/sqft · 55% below area

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Why this score? — see what drove the F 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 +7.5/15.0
• Appreciation +7.3/10.0
• Cash flow +5.3/30.0
• Schools +5.0/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.7/10.0
• DSCR +0.0/10.0

Listing remarks MLS

This 3-bedroom, 2-bath residence offers a comfortable and efficient layout paired with tasteful design elements well suited for modern Hill Country living. Encompassing approximately 1,092 square feet, the home provides a practical balance of functionality and character in a residential area of Mason. At the heart of the home is an open living area defined by higher ceilings, exposed beams, and a skylight that brightens the space throughout the day. The kitchen's placement encourages connection without sacrificing functionality, making it well suited for daily use. Continuous concrete flooring enhances durability while maintaining a contemporary interior style. The primary bedroom offers a comfortable and private retreat, while two additional bedrooms are well sized and share a second full bath. This flexible layout allows for a variety of uses, whether accommodating family members, guests, or creating additional space for hobbies or storage. The floor plan supports efficient living while maintaining a sense of separation between living and sleeping areas. Outside, the property features a metal roof, a private fenced backyard, and a stone patio suitable for relaxing or hosting small gatherings. A well-appointed storage building in the backyard includes electricity, air conditioning, insulation, and loft storage, offering excellent flexibility for a workshop, hobby space, or additional storage. The front porch and low-maintenance xeriscape landscaping create an appealing street presence. Offering a functional floor plan and distinctive architectural touches, this home presents an excellent opportunity for buyers seeking efficient living in Mason, Texas.

Key facts

• Higher ceilings
• Open living area
• Exposed beams

Tags

• OPEN LIVING AREA
• HIGHER CEILINGS
• EXPOSED BEAMS
• SKYLIGHT
• CONTINUOUS CONCRETE FLOORING
• PRIVATE FENCED BACKYARD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $160k.

Deal economics

• At list price, monthly cash flow is $-359 ($-4k/yr) — negative.
• To cash-flow at today's rent, offer at most $97k (39.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $91k (43.3% below list).
• Recommended offer: $91k (43.3% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 65/100 on livability (#662 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F, employment F.
• Mason ISD (rural): math 57% / reading 63% proficiency, ranked #76 of 826 in TX (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Mason El (math 57% / reading 57%, grade C+, #505 of 4,322 statewide, top 13%, 291 students, 50% FRL); Mason J H (math 52% / reading 62%, grade B, #212 of 1,662 statewide, top 13%, 204 students, 48% FRL); Mason H S (math 72% / reading 64%, grade B, #147 of 1,632 statewide, top 9%, 214 students, 42% FRL) — zoned schools at 47% FRL track the district average.
• Market conditions: 99 active listings in the ZIP; 4 units permitted in Mason County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $9k of equity ($1k loan paydown + $7k appreciation (4.6% local appreciation)).
• Mason County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 5, paydown + projected appreciation supports a ~$37k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 121 days — a 12% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 6y ago; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $90,675 (43.3% 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 121 days. Have you received any prior offers? Is the seller open to a 43% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 0.57% ✗
• Cap rate: 3.60%
• Cash-on-cash: -9.60%
• DSCR: 0.57
• GRM: 14.7

CMA / ARV

• ARV (median comp): $354,401
• List price: $160,000
• Delta: -54.85%
• Verdict: UNDERPRICED
• Comps: 4 within 2.0 mi

Projected returns pro-forma

4.62% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 3.7%
• Equity multiple: 1.24×
• Total profit: $10,607
• Equity at exit: $87,022

10-year hold

• IRR: 6.6%
• Equity multiple: 2.19×
• Total profit: $53,522
• Equity at exit: $147,256

Cash invested: $44,800 (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 76856

• Home prices YoY: 2.3%
• Active inventory: 99
• Price-to-rent: 14.7×

Monthly cashflow live

• Estimated rent: $907 medium
• Mortgage (P&I): −$839
• Tax from tax record: −$169 /mo · $2,030/yr
• Insurance: −$67
• HOA: −$0
• Vacancy / Maint / Mgmt: −$190
• Net cashflow: $-359

Break-even live

Break-even rent $1,361

Max offer price $96,658

Occupancy floor —

Sensitivity live

Price	-10% $-268	-5% $-313	+0% $-359	+5% $-404	+10% $-449
Rent	-10% $-430	-5% $-394	+0% $-359	+5% $-323	+10% $-287
Rate	-1.0pp $-278	-0.5pp $-318	base $-359	+0.5pp $-400	+1.0pp $-442

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: $40,000
• Closing costs: $4,800
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-05-07
   price $160,000 1680-char remark

   Show marketing remark (1680 chars)

   This 3-bedroom, 2-bath residence offers a comfortable and efficient layout paired with tasteful design elements well suited for modern Hill Country living. Encompassing approximately 1,092 square feet, the home provides a practical balance of functionality and character in a residential area of Mason. At the heart of the home is an open living area defined by higher ceilings, exposed beams, and a skylight that brightens the space throughout the day. The kitchen's placement encourages connection without sacrificing functionality, making it well suited for daily use. Continuous concrete flooring enhances durability while maintaining a contemporary interior style. The primary bedroom offers a comfortable and private retreat, while two additional bedrooms are well sized and share a second full bath. This flexible layout allows for a variety of uses, whether accommodating family members, guests, or creating additional space for hobbies or storage. The floor plan supports efficient living while maintaining a sense of separation between living and sleeping areas. Outside, the property features a metal roof, a private fenced backyard, and a stone patio suitable for relaxing or hosting small gatherings. A well-appointed storage building in the backyard includes electricity, air conditioning, insulation, and loft storage, offering excellent flexibility for a workshop, hobby space, or additional storage. The front porch and low-maintenance xeriscape landscaping create an appealing street presence. Offering a functional floor plan and distinctive architectural touches, this home presents an excellent opportunity for buyers seeking efficient living in Mason, Texas.

2. 2026-03-25
   price $164,900 1680-char remark

   Show marketing remark (1680 chars)

   This 3-bedroom, 2-bath residence offers a comfortable and efficient layout paired with tasteful design elements well suited for modern Hill Country living. Encompassing approximately 1,092 square feet, the home provides a practical balance of functionality and character in a residential area of Mason. At the heart of the home is an open living area defined by higher ceilings, exposed beams, and a skylight that brightens the space throughout the day. The kitchen's placement encourages connection without sacrificing functionality, making it well suited for daily use. Continuous concrete flooring enhances durability while maintaining a contemporary interior style. The primary bedroom offers a comfortable and private retreat, while two additional bedrooms are well sized and share a second full bath. This flexible layout allows for a variety of uses, whether accommodating family members, guests, or creating additional space for hobbies or storage. The floor plan supports efficient living while maintaining a sense of separation between living and sleeping areas. Outside, the property features a metal roof, a private fenced backyard, and a stone patio suitable for relaxing or hosting small gatherings. A well-appointed storage building in the backyard includes electricity, air conditioning, insulation, and loft storage, offering excellent flexibility for a workshop, hobby space, or additional storage. The front porch and low-maintenance xeriscape landscaping create an appealing street presence. Offering a functional floor plan and distinctive architectural touches, this home presents an excellent opportunity for buyers seeking efficient living in Mason, Texas.

3. 2026-02-26
   price $166,000 1680-char remark

   Show marketing remark (1680 chars)

   This 3-bedroom, 2-bath residence offers a comfortable and efficient layout paired with tasteful design elements well suited for modern Hill Country living. Encompassing approximately 1,092 square feet, the home provides a practical balance of functionality and character in a residential area of Mason. At the heart of the home is an open living area defined by higher ceilings, exposed beams, and a skylight that brightens the space throughout the day. The kitchen's placement encourages connection without sacrificing functionality, making it well suited for daily use. Continuous concrete flooring enhances durability while maintaining a contemporary interior style. The primary bedroom offers a comfortable and private retreat, while two additional bedrooms are well sized and share a second full bath. This flexible layout allows for a variety of uses, whether accommodating family members, guests, or creating additional space for hobbies or storage. The floor plan supports efficient living while maintaining a sense of separation between living and sleeping areas. Outside, the property features a metal roof, a private fenced backyard, and a stone patio suitable for relaxing or hosting small gatherings. A well-appointed storage building in the backyard includes electricity, air conditioning, insulation, and loft storage, offering excellent flexibility for a workshop, hobby space, or additional storage. The front porch and low-maintenance xeriscape landscaping create an appealing street presence. Offering a functional floor plan and distinctive architectural touches, this home presents an excellent opportunity for buyers seeking efficient living in Mason, Texas.

4. 2026-01-30
   price $170,000 1680-char remark

   Show marketing remark (1680 chars)

   This 3-bedroom, 2-bath residence offers a comfortable and efficient layout paired with tasteful design elements well suited for modern Hill Country living. Encompassing approximately 1,092 square feet, the home provides a practical balance of functionality and character in a residential area of Mason. At the heart of the home is an open living area defined by higher ceilings, exposed beams, and a skylight that brightens the space throughout the day. The kitchen's placement encourages connection without sacrificing functionality, making it well suited for daily use. Continuous concrete flooring enhances durability while maintaining a contemporary interior style. The primary bedroom offers a comfortable and private retreat, while two additional bedrooms are well sized and share a second full bath. This flexible layout allows for a variety of uses, whether accommodating family members, guests, or creating additional space for hobbies or storage. The floor plan supports efficient living while maintaining a sense of separation between living and sleeping areas. Outside, the property features a metal roof, a private fenced backyard, and a stone patio suitable for relaxing or hosting small gatherings. A well-appointed storage building in the backyard includes electricity, air conditioning, insulation, and loft storage, offering excellent flexibility for a workshop, hobby space, or additional storage. The front porch and low-maintenance xeriscape landscaping create an appealing street presence. Offering a functional floor plan and distinctive architectural touches, this home presents an excellent opportunity for buyers seeking efficient living in Mason, Texas.

5. 2026-01-11
   listed $180,000 Active 1680-char remark

   Show marketing remark (1680 chars)

   This 3-bedroom, 2-bath residence offers a comfortable and efficient layout paired with tasteful design elements well suited for modern Hill Country living. Encompassing approximately 1,092 square feet, the home provides a practical balance of functionality and character in a residential area of Mason. At the heart of the home is an open living area defined by higher ceilings, exposed beams, and a skylight that brightens the space throughout the day. The kitchen's placement encourages connection without sacrificing functionality, making it well suited for daily use. Continuous concrete flooring enhances durability while maintaining a contemporary interior style. The primary bedroom offers a comfortable and private retreat, while two additional bedrooms are well sized and share a second full bath. This flexible layout allows for a variety of uses, whether accommodating family members, guests, or creating additional space for hobbies or storage. The floor plan supports efficient living while maintaining a sense of separation between living and sleeping areas. Outside, the property features a metal roof, a private fenced backyard, and a stone patio suitable for relaxing or hosting small gatherings. A well-appointed storage building in the backyard includes electricity, air conditioning, insulation, and loft storage, offering excellent flexibility for a workshop, hobby space, or additional storage. The front porch and low-maintenance xeriscape landscaping create an appealing street presence. Offering a functional floor plan and distinctive architectural touches, this home presents an excellent opportunity for buyers seeking efficient living in Mason, Texas.

6. 2025-02-06
   price $205,000
7. 2025-01-13
   status Active
8. 2025-01-13
   price $219,000
9. 2024-07-28
   listed $225,000 Active
10. 2021-04-16
    soldstatus
11. 2021-04-08
    soldstatus
12. 2021-01-28
    listed $149,000
13. 2020-03-16
    soldstatus
14. 2020-01-02
    listed $110,000

ⓘ 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: $2,030 · $169/mo
• Projected year-2 tax: $2,928 · $244/mo
• Expected delta: +$898/yr (+$75/mo · 44.2%)

ⓘ 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 7/10 Severe
• 🌡 Heat 7/10 Severe 7 d/yr ≥104°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,881
• − Mortgage interest: −$8,962
• − Property taxes: −$2,030
• − Insurance: −$800
• − Repairs & maintenance: −$870
• − Management: −$870
• − Depreciation: −$4,655
• Taxable loss: −$7,307
• Est. tax savings @ 24.0%: +$1,754
• After-tax cash flow: $-2,549/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: Mason ISD
• NCES district ID: 4829280
• Math proficiency: 57% ▲ 2.00%
• Reading proficiency: 63% ▲ 1.00%
• Median HH income: $40,797
• Composite: 50.18/100
• National rank: #1898
• State rank: #76 of 826 in TX

Livability — Mason

• Score: 65/100
• State rank: #662
• US rank: #12456

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Mason, TX
• Population (ZIP): 3,525

Population outlook (Mason County) Hauer SSP2

• Today (2025): 3,979 people
• By 2030: 3,930 · -1.2%
• By 2040: 3,836 · -3.6%
• By 2050: 3,838 · -3.5%
• By 2075: 4,230 · +6.3%
• By 2100: 4,260 · +7.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 23% Two or more races 8%
• Hispanic origin (detail): Mexican 23%
• Common ancestry: Lithuanian 4% Slovak 2% Italian 2%
• Foreign-born: 4% · Canada
• Languages at home: 81% English-only · Spanish 18% Other Indo-European 1%

Political lean MEDSL · Mason

• 2024 margin: Solid R (+65.0) · D 17.2% · R 82.2%
• 2008→2024 swing: -18.0pp toward R · 2008: -47.1pp · 2024: -65.0pp
• All cycles: 2024: R+65.0 2020: R+62.0 2016: R+63.5 2012: R+60.1 2008: R+47.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.62%
• Current HPI: 206.7593
• 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

+45.5% since first listed

14 events — show timeline

• 2026-05-07 Price Changed $160,000 CHCMLS
• 2026-03-25 Price Changed $164,900 CHCMLS
• 2026-02-26 Price Changed $166,000 CHCMLS
• 2026-01-30 Price Changed $170,000 CHCMLS
• 2026-01-11 Listed $180,000 CHCMLS
• 2025-02-06 Price Changed $205,000 CHCMLS
• 2025-01-13 Relisted — CHCMLS
• 2025-01-13 Price Changed $219,000 CHCMLS
• 2024-07-28 Listed $225,000 CHCMLS
• 2021-04-16 Sold (MLS) — CHCMLS
• 2021-04-08 Sold (Public Records) — Public Records
• 2021-01-28 Listed $149,000 CHCMLS
• 2020-03-16 Sold (MLS) — CHCMLS
• 2020-01-02 Listed $110,000 CHCMLS

Property tax history

+1.1%/yr

Latest (2025): $2,030 · -11.9% YoY. Source: county tax records.