715 S Main St · Shamrock, TX 79079

$100,300

3 bd · 3.0 ba · 2,334 sqft · SingleFamily public records · 65 Days on market

Built 1990

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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 +8.7/30.0
• ARV discount +7.5/15.0
• Appreciation +5.7/10.0
• 1% rule +4.8/10.0
• Schools +3.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0

Listing remarks MLS

715 S Main St, this spacious 3-bedroom, 3-bath home is packed with opportunity for the savvy investor or ambitious buyer ready to bring their vision to life. One bathroom has been fully gutted, offering a head start on your next renovation project. You'll find generous living space plus a unique indoor hot tub--a rare feature with major appeal once refreshed. Find comfort in the recent updates that have already been tackled, such as: water heaters, HVAC, and plumbing throughout the home, giving you a solid foundation to build on. This is your chance to transform a diamond in the rough into something special !!

Key facts

• Garage
• Built 1990
• Listed 64 days

What this means for you Summary

Snapshot

• This is a 3-bed/3.0-bath single-family listed at $100k.

Deal economics

• At list price, monthly cash flow is $-84 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $86k (14.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $99k (1.7% below list).
• Recommended offer: $86k (14.7% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 65/100 on livability (#666 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime A-; Watch: schools D-, amenities F, commute F.
• Shamrock ISD (rural): math 39% / reading 37% proficiency, ranked #811 of 1,141 in TX (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 23 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($693 loan paydown + $1k appreciation (1.4% local appreciation)).
• Wheeler County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($94k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: property tax is 3.5% 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 $85,513 (14.7% 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 65 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
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. 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?
8. 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.
9. 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.
10. 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: 0.98% ✗
• Cap rate: 5.29%
• Cash-on-cash: -3.58%
• DSCR: 0.84
• GRM: 8.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

1.38% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -1.0%
• Equity multiple: 0.95×
• Total profit: $-1,459
• Equity at exit: $36,239

10-year hold

• IRR: 3.8%
• Equity multiple: 1.48×
• Total profit: $13,533
• Equity at exit: $49,743

Cash invested: $28,084 (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 79079

• Home prices YoY: 2.0%
• Active inventory: 23
• Price-to-rent: 8.5×

Monthly cashflow live

• Estimated rent: $986 medium
• Mortgage (P&I): −$526
• Tax from tax record: −$295 /mo · $3,536/yr
• Insurance: −$42
• HOA: −$0
• Vacancy / Maint / Mgmt: −$207
• Net cashflow: $-84

Break-even live

Break-even rent $1,092

Max offer price $85,513

Occupancy floor —

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: $25,075
• Closing costs: $3,009
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $100,300 Active 65 DOM
2. 2026-06-17
   days on market $100,300 Active 64 DOM
3. 2026-06-16
   days on market $100,300 Active 63 DOM
4. 2026-06-15
   days on market $100,300 Active 62 DOM
5. 2026-06-15
   days on market $100,300 Active 61 DOM
6. 2026-06-13
   days on market $100,300 Active 60 DOM
7. 2026-06-12
   days on market $100,300 Active 59 DOM
8. 2026-06-09
   days on market $100,300 Active 56 DOM
9. 2026-06-08
   days on market $100,300 Active 55 DOM
10. 2026-06-08
    days on market $100,300 Active 54 DOM
11. 2026-06-07
    days on market $100,300 Active 53 DOM
12. 2026-06-03
    days on market $100,300 Active 50 DOM
13. 2026-06-02
    days on market $100,300 Active 49 DOM
14. 2026-06-01
    days on market $100,300 Active 48 DOM
15. 2026-05-31
    days on market $100,300 Active 47 DOM
16. 2026-04-12
    listed $100,300 Active 617-char remark

    Show marketing remark (617 chars)

    715 S Main St, this spacious 3-bedroom, 3-bath home is packed with opportunity for the savvy investor or ambitious buyer ready to bring their vision to life. One bathroom has been fully gutted, offering a head start on your next renovation project. You'll find generous living space plus a unique indoor hot tub--a rare feature with major appeal once refreshed. Find comfort in the recent updates that have already been tackled, such as: water heaters, HVAC, and plumbing throughout the home, giving you a solid foundation to build on. This is your chance to transform a diamond in the rough into something special !!

17. 2004-01-06
    soldstatus
18. 1990-08-15
    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: $3,536 · $295/mo
• Projected year-2 tax: $3,536 · $295/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 0% chance over 30 yrs
• 🔥 Wildfire 8/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% 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: $11,829
• − Mortgage interest: −$5,618
• − Property taxes: −$3,536
• − Insurance: −$502
• − Repairs & maintenance: −$946
• − Management: −$946
• − Depreciation: −$2,918
• Taxable loss: −$2,637
• Est. tax savings @ 24.0%: +$633
• After-tax cash flow: $-372/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: Shamrock ISD
• NCES district ID: 4839900
• Math proficiency: 39% ▬ 0.00%
• Reading proficiency: 37% ▲ 3.00%
• Median HH income: $40,511
• Composite: 34.44/100
• National rank: #10164
• State rank: #811 of 1141 in TX

Livability — Shamrock

• Score: 65/100
• State rank: #666
• US rank: #12507

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Shamrock, TX
• City population: 2,406
• Population (ZIP): 2,406

Population outlook (Wheeler County) Hauer SSP2

• Today (2025): 6,212 people
• By 2030: 6,519 · +4.9%
• By 2040: 7,210 · +16.1%
• By 2050: 7,953 · +28.0%
• By 2075: 9,663 · +55.6%
• By 2100: 10,059 · +61.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (67%)
• Race & ethnicity: White 67% Hispanic / Latino 26% Two or more races 9% Native American 6% Black 2% Asian 2%
• Hispanic origin (detail): Mexican 20% Cuban 2%
• Common ancestry: Portuguese 1%
• Foreign-born: 8% · Canada
• Languages at home: 85% English-only · Spanish 14% Tagalog/Filipino 1%

Political lean MEDSL · Wheeler

• 2024 margin: Solid R (+84.7) · D 7.4% · R 92.1%
• 2008→2024 swing: -13.2pp toward R · 2008: -71.4pp · 2024: -84.7pp
• All cycles: 2024: R+84.7 2020: R+85.2 2016: R+82.1 2012: R+77.3 2008: R+71.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.38%
• Current HPI: 70.8114
• 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

3 events — show timeline

• 2026-04-12 Listed $100,300 AARMLS
• 2004-01-06 Sold (Public Records) — Public Records
• 1990-08-15 Sold (Public Records) — Public Records

Property tax history

+3.9%/yr

Latest (2025): $3,536 · +10.1% YoY. Source: county tax records.