2411 Rodge Dr · Tyler, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 2/10 · Minimal
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 60.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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).
- Cash flow +13.5/30.0
- DSCR +4.1/10.0
- 1% rule +3.9/10.0
- Livability +3.8/5.0
- Rent growth +3.4/5.0
- Schools +3.3/10.0
- Condition / age +2.5/5.0
- ARV discount +0.4/15.0
- Appreciation +0.0/10.0
$205,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
This property features three bedrooms and one bathroom and has been comprehensively updated throughout. Key interior highlights include stylish wood-look flooring and granite countertops in the kitchen, complemented by a modern, tiled shower in the bathroom. The exterior boasts a private, fully fenced-in backyard. Ideally situated, the home offers convenient access to TJC, UT Tyler, local shopping, grocery stores, and various dining options. Key Highlights: * Interior Updates: Completely renovated with modern, high-quality finishes. * Kitchen Features: Upgraded with granite countertops and durable, aesthetic wood-look flooring. * Bathroom: Features a contemporary tiled shower. * Exteri
Key facts
- Granite countertops
- Modern tiled shower
- Garage
Tags
Property features AI
Exterior
- Parking: 1-car garage
- Home design: Single-family detached residence; Single story
- Construction: Brick and wood siding construction; Composition roof
- Exterior features: Patio; Porch; Chain link fencing
Interior
- Kitchen: Electric oven; Electric range
- Flooring: Laminate flooring; Tile flooring
- Bathrooms: 1 full bathroom
- Heating & cooling: Central heating (natural gas); Central air; Ceiling fan(s)
- Interior features: Electric oven and electric range; Ceiling fans; Central air
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $205k.
Deal economics
- At list price, monthly cash flow is $8 ($91/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 $182k (11.3% below list).
- Recommended offer: $182k (11.3% below list) — sets the bar for 1% rule.
- Cap rate 6.3% vs local median 3.6% in Tyler — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 75/100 on livability (#147 in TX, #4,181 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, crime D+, commute F.
- Tyler ISD (urban): math 39% / reading 38% proficiency, ranked #449 of 826 in TX (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Clarkston El (math 27% / reading 32%, grade F, #2,525 of 4,322 statewide, top 62%, 363 students, 81% FRL); Hubbard Middle (math 47% / reading 45%, grade D+, #462 of 1,662 statewide, top 28%, 869 students, 62% FRL); Tyler Legacy H S (math 34% / reading 49%, grade F, #767 of 1,632 statewide, top 47%, 2,594 students, 58% FRL) — zoned schools at 67% FRL track the district average.
- Market conditions: Rents rising (+3.7%/yr); 327 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 595 units permitted in Smith County in 2024 (45 in 5+ unit buildings).
- This rent runs 33% of the median local income ($66k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Smith County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 24 days — a 2% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 60% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- Crime grade is D 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?
- 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?
- 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
- 0.89% ✗
- Cap rate
- 6.34%
- Cash-on-cash
- 0.16%
- DSCR
- 1.01
- GRM
- 9.4
CMA / ARV
- ARV (on-the-fly)
- $177,216
- Comps found
- 3
Show comp detail 3 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3801 Old Troup Hwy | 0.30mi | 3/1.0 | 1,394 (+12%) | 20mo | $178,200 | $128 | 50 |
| 1703 E Barbara St | 0.72mi | 3/2.0 | 1,313 (+5%) | 10mo | $279,900 | $213 | 45 |
| 2501 Villa Ct | 0.63mi | 2/2.5 (-1) | 1,409 (+13%) | 8mo | $199,500 | $142 | 31 |
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 · 3.66% rent growth · sell at horizon
- IRR
- -15.3%
- Equity multiple
- 0.45×
- Total profit
- $-31,484
- Equity at exit
- $30,566
- IRR
- -5.6%
- Equity multiple
- 0.62×
- Total profit
- $-21,592
- Equity at exit
- $17,725
Cash invested: $57,400 (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 75701
- Rents YoY
- 3.7%
- Active inventory
- 327
- Price-to-rent
- 9.4×
Monthly cashflow live
- Estimated rent
- $1,819 high interval (Pro) →
- Mortgage (P&I)
- −$1,075
- Tax from tax record
- −$269 /mo · $3,227/yr
- Insurance
- −$85
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$382
- Net cashflow
- $8
Break-even live
Sensitivity live
| Price | -10% $124 | -5% $66 | +0% $8 | +5% $-50 | +10% $-108 |
|---|---|---|---|---|---|
| Rent | -10% $-136 | -5% $-64 | +0% $8 | +5% $79 | +10% $151 |
| Rate | -1.0pp $111 | -0.5pp $60 | base $8 | +0.5pp $-46 | +1.0pp $-100 |
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
- $51,250
- Closing costs
- $6,150
- 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 22 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3038 Santa Elena Dr Tyler, TX | 3.0 | 2.0 | 1305 | $2,485 | $1.90 | 14d | 1 | 0.13mi |
| 3032 Santa Elena Dr Tyler, TX | 3.0 | 2.0 | 1473 | $2,485 | $1.69 | 44d | 1 | 0.13mi |
| 3113 Greg Ln Tyler, TX | 3.0 | 1.5 | 1157 | $1,300 | $1.12 | 14d | 1 | 0.25mi |
| 2725 Amy Ln Tyler, TX | 2.0 | 1.5 | 1146 | $1,520 | $1.33 | 14d | 1 | 0.33mi |
| 3304 Golden Rd Unit 1222 Tyler, TX | 2.0 | 2.0 | 811 | $1,274 | $1.57 | 44d | 1 | 0.39mi |
| 3304 Golden Rd Unit 1422 Tyler, TX | 2.0 | 2.0 | 811 | $1,274 | $1.57 | 22d | 1 | 0.39mi |
| 4400 Troup Hwy Tyler, TX | 1.0–2.0 | 1.0–2.0 | 744 | $1,224 | $1.64 | 14d | 10 | 0.75mi |
| 4418 Edinburgh Dr Tyler, TX | 3.0 | 2.0 | 1407 | $1,750 | $1.24 | 44d | 1 | 0.78mi |
| 4309 Aberdeen Dr Tyler, TX | 3.0 | 2.0 | 1219 | $1,475 | $1.21 | 44d | 1 | 0.79mi |
| 1909 Sybil Ln Tyler, TX | 1.0–3.0 | 1.0–2.0 | 1067 | $1,510 | $1.42 | 14d | 9 | 0.82mi |
| 4518 Edinburgh Dr Unit 4520 Edinburgh Tyler, TX | 3.0 | 2.0 | 1436 | $1,425 | $0.99 | 22d | 1 | 0.84mi |
| 4520 Edinburgh Dr Tyler, TX | 3.0 | 2.0 | 1436 | $1,425 | $0.99 | 22d | 1 | 0.84mi |
| 4400 Paluxy Dr Tyler, TX | 1.0–3.0 | 1.0–2.0 | 905 | $1,227 | $1.36 | 14d | 60 | 0.93mi |
| 4600 Paluxy Dr Tyler, TX | 2.0 | 1.0–2.0 | 585 | $1,006 | $1.72 | 14d | 15 | 1.03mi |
| 2319 Hunter St Tyler, TX | 3.0 | 1.0 | 1200 | $1,225 | $1.02 | 44d | 1 | 1.10mi |
| 4920 Thistle Dr Tyler, TX | 3.0 | 1.0–2.0 | 775 | $1,387 | $1.79 | 14d | 8 | 1.25mi |
| 3629 McDonald Rd Tyler, TX | 2.0 | 2.0 | 1287 | $1,325 | $1.03 | 22d | 1 | 1.28mi |
| 826 Wilma St Tyler, TX | 3.0 | 2.0 | 1210 | $1,800 | $1.49 | 14d | 1 | 1.33mi |
| 1712 Redbud Ave Tyler, TX | 3.0 | 1.5 | 1305 | $1,475 | $1.13 | 22d | 1 | 1.36mi |
| 2531 Westminster Dr Tyler, TX | 3.0 | 2.0 | 1410 | $1,425 | $1.01 | 22d | 1 | 1.41mi |
| 1313 S Tipton Ave Tyler, TX | 2.0 | 1.0 | 816 | $1,200 | $1.47 | 14d | 1 | 1.45mi |
| 2525 Shiloh Rd Tyler, TX | 3.0–4.0 | 2.0 | 1360 | $1,379 | $1.01 | 14d | 1 | 1.47mi |
Listing history 24 events
-
2026-06-19days on market $205,000 Active 24 DOM
-
2026-06-18days on market $205,000 Active 23 DOM
-
2026-06-17pricedays on market $205,000 Active 22 DOM
-
2026-06-16days on market $219,000 Active 21 DOM
-
2026-06-15days on market $219,000 Active 20 DOM
-
2026-06-14days on market $219,000 Active 18 DOM
-
2026-06-13days on market $219,000 Active 17 DOM
-
2026-06-10days on market $219,000 Active 15 DOM
-
2026-06-09days on market $219,000 Active 14 DOM
-
2026-06-08days on market $219,000 Active 13 DOM
-
2026-06-07days on market $219,000 Active 12 DOM
-
2026-06-05days on market $219,000 Active 9 DOM
-
2026-06-02days on market $219,000 Active 7 DOM
-
2026-06-01days on market $219,000 Active 6 DOM
-
2026-05-31days on market $219,000 Active 5 DOM
-
2026-05-30days on market $219,000 Active 4 DOM
-
2026-05-26$219,000 Active
-
2023-06-20soldstatus
-
2012-08-17soldstatus
-
2010-05-06soldstatus
-
2009-05-04soldstatus
-
2007-10-01soldstatus
-
2007-03-20soldstatus
-
1990-08-10soldstatus
ⓘ 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
- $3,227 · $269/mo
- Projected year-2 tax
- $3,752 · $313/mo
- Expected delta
- +$525/yr (+$44/mo · 16.3%)
ⓘ 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 2/10 Low
- Heat 7/10 Severe 7 d/yr ≥109°F today · 26 d/yr by 30 yrs out
- Wind 6/10 Major 60% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 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
- $21,827
- − Mortgage interest
- −$11,483
- − Property taxes
- −$3,227
- − Insurance
- −$1,025
- − Repairs & maintenance
- −$1,746
- − Management
- −$1,746
- − Depreciation
- −$5,964
- Taxable loss
- −$3,364
- Est. tax savings @ 24.0%
- +$807
- After-tax cash flow
- $899/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
- Tyler ISD
- NCES district ID
- 4843470
- Math proficiency
- 39% ▼ -4.00%
- Reading proficiency
- 38% ▼ -1.00%
- Median HH income
- $44,090
- Composite
- 32.69/100
- National rank
- #5650
- State rank
- #449 of 826 in TX
Livability — Tyler
- Score
- 75/100
- State rank
- #147
- US rank
- #4181
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Tyler, TX
- County
- Smith County · 180,570 people
- City population
- 127,842
- Metro
- Tyler, TX
- Population (ZIP)
- 36,344
- Household income
- $66,401
- Rent vs Own
- Severe rent burden
- 1116.0
Population outlook (Smith County) Hauer SSP2
- Today (2025)
- 248,890 people
- By 2030
- 261,665 · +5.1%
- By 2040
- 286,114 · +15.0%
- By 2050
- 308,006 · +23.8%
- By 2075
- 354,171 · +42.3%
- By 2100
- 372,828 · +49.8%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.64)
- Race & ethnicity
- White 53% Black 21% Hispanic / Latino 19% Two or more races 8% Asian 2%
- Hispanic origin (detail)
- Mexican 17%
- Common ancestry
- Slovak 2% Italian 1% Lithuanian 1%
- Foreign-born
- 8% · Canada
- Languages at home
- 84% English-only · Spanish 14% Other Indo-European 1%
Political lean MEDSL · Smith
- 2024 margin
- Solid R (+45.1) · D 27.0% · R 72.1%
- 2008→2024 swing
- -5.6pp toward R · 2008: -39.5pp · 2024: -45.1pp
- All cycles
- 2024: R+45.1 2020: R+39.4 2016: R+43.9 2012: R+46.9 2008: R+39.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -299.78%
- Current HPI
- 207.238
- Rent YoY
- ▲ 3.66%
- Metro
- Tyler, TX
- 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 |
|
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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
8 events — show timeline
- 2026-05-26 Listed $219,000 GTAR
- 2023-06-20 Sold (Public Records) — Public Records
- 2012-08-17 Sold (Public Records) — Public Records
- 2010-05-06 Sold (Public Records) — Public Records
- 2009-05-04 Sold (Public Records) — Public Records
- 2007-10-01 Sold (Public Records) — Public Records
- 2007-03-20 Sold (Public Records) — Public Records
- 1990-08-10 Sold (Public Records) — Public Records
Property tax history
+6.0%/yrLatest (2024): $3,227 · +1.4% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…