8161 Deer View Cir · Pecan Plantation, TX 76049

$115,000

2 bd · 1.0 ba · 990 sqft · SingleFamily public records · 135 Days on market

Built 1995 1,742 sqft lot $116/sqft · 49% below area Est $224k · 49% under $8/mo HOA · 1% of rent ↓ 39% since listing

---

Why this score? — see what drove the B+ 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 +29.8/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.2/10.0
• Schools +4.0/10.0
• Rent growth +3.8/5.0
• Livability +3.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Calling all Investors!!! Huge price drop! Unique opportunity featuring two separate dwellings on two adjoining lots. The main residence at 8161 Deer View Circle is a 990 sq ft, two-story home offering a primary bedroom on the main level and a loft-style second floor. Enjoy a nice sized covered front porch and a two-car carport for convenient parking. All appliances will convey with the property. The home presents an excellent opportunity for updates and improvements to suit the buyer’s vision. Next door at 8163 Deer View Ct, the secondary residence is a charming 768 sq ft, two-story, 2-bedroom, 1-bath cabin complete with a full kitchen and bathroom. The cabin showcases natural wood accents, including a distinctive center post supporting the staircase, adding to its rustic character. With two separate homes, this property offers strong potential for short-term or long-term rentals, multi-generational living, or a live-in-one, rent-the-other scenario. Property is being offered in its current condition, providing flexibility for buyers looking to add value and maximize future potential.

Key facts

• Covered front porch
• Full kitchen
• Two car carport

Tags

• TWO SEPARATE DWELLINGS
• PRIMARY BEDROOM ON MAIN LEVEL
• LOFT STYLE SECOND FLOOR
• COVERED FRONT PORCH
• TWO CAR CARPORT
• FULL KITCHEN

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $115k.

Deal economics

• At list price, monthly cash flow is $355 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $101k (12.0% below list) — sets the bar for market timing.
• Cap rate 10.7% vs local median 2.3% in Pecan Plantation — 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 70/100 on livability (#362 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools D+, health & safety D+, amenities F.
• Granbury ISD (town): math 46% / reading 46% proficiency, ranked #237 of 826 in TX (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+5.2%/yr); 690 active listings in the ZIP; solid renter incomes; 125 units permitted in Hood County in 2024 (0 in 5+ unit buildings).
• This rent is only 17% of the median local income ($105k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $795 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Hood County population projected at +29% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 5.2% rent growth), your $32k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 135 days — a 12% lower offer ($101k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $101,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 135 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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.
8. 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.
9. 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: 1.32% ✓
• Cap rate: 10.69%
• Cash-on-cash: 15.72%
• DSCR: 1.70
• GRM: 6.3

CMA / ARV

• ARV (median comp): $223,597
• List price: $115,000
• Delta: -48.57%
• Verdict: UNDERPRICED
• Comps: 8 within 2.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
8161 Deer View Cir	0.00mi	2/1.0	990 (0%)	0mo	$115,000	$116	100

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 · 5.2% rent growth · sell at horizon

5-year hold

• IRR: 5.8%
• Equity multiple: 1.23×
• Total profit: $7,490
• Equity at exit: $17,147

10-year hold

• IRR: 17.2%
• Equity multiple: 2.57×
• Total profit: $50,642
• Equity at exit: $9,943

Cash invested: $32,200 (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 76049

• Home prices YoY: -26.8%
• Rents YoY: 5.2%
• Active inventory: 690
• Price-to-rent: 6.3×

Monthly cashflow live

• Estimated rent: $1,520 medium
• Mortgage (P&I): −$603
• Tax from tax record: −$120 /mo · $1,436/yr
• Insurance: −$48
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$8
• Vacancy / Maint / Mgmt: −$319
• Net cashflow: $355

Break-even live

Break-even rent $1,070

Max offer price $115,000

Occupancy floor 72%

Sensitivity live

Price	-10% $420	-5% $388	+0% $355	+5% $323	+10% $290
Rent	-10% $235	-5% $295	+0% $355	+5% $415	+10% $475
Rate	-1.0pp $413	-0.5pp $385	base $355	+0.5pp $326	+1.0pp $295

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: $28,750
• Closing costs: $3,450
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $8 · $96/yr

Listing history 6 events

1. 2026-05-09
   historical Active Kick-Out 1115-char remark

   Show marketing remark (1115 chars)

   Calling all Investors!!! Huge price drop! Unique opportunity featuring two separate dwellings on two adjoining lots. The main residence at 8161 Deer View Circle is a 990 sq ft, two-story home offering a primary bedroom on the main level and a loft-style second floor. Enjoy a nice sized covered front porch and a two-car carport for convenient parking. All appliances will convey with the property. The home presents an excellent opportunity for updates and improvements to suit the buyer’s vision. Next door at 8163 Deer View Ct, the secondary residence is a charming 768 sq ft, two-story, 2-bedroom, 1-bath cabin complete with a full kitchen and bathroom. The cabin showcases natural wood accents, including a distinctive center post supporting the staircase, adding to its rustic character. With two separate homes, this property offers strong potential for short-term or long-term rentals, multi-generational living, or a live-in-one, rent-the-other scenario. Property is being offered in its current condition, providing flexibility for buyers looking to add value and maximize future potential.

2. 2026-05-07
   status Pending 1115-char remark

   Show marketing remark (1115 chars)

   Calling all Investors!!! Huge price drop! Unique opportunity featuring two separate dwellings on two adjoining lots. The main residence at 8161 Deer View Circle is a 990 sq ft, two-story home offering a primary bedroom on the main level and a loft-style second floor. Enjoy a nice sized covered front porch and a two-car carport for convenient parking. All appliances will convey with the property. The home presents an excellent opportunity for updates and improvements to suit the buyer’s vision. Next door at 8163 Deer View Ct, the secondary residence is a charming 768 sq ft, two-story, 2-bedroom, 1-bath cabin complete with a full kitchen and bathroom. The cabin showcases natural wood accents, including a distinctive center post supporting the staircase, adding to its rustic character. With two separate homes, this property offers strong potential for short-term or long-term rentals, multi-generational living, or a live-in-one, rent-the-other scenario. Property is being offered in its current condition, providing flexibility for buyers looking to add value and maximize future potential.

3. 2026-04-23
   price $115,000 1115-char remark

   Show marketing remark (1115 chars)

   Calling all Investors!!! Huge price drop! Unique opportunity featuring two separate dwellings on two adjoining lots. The main residence at 8161 Deer View Circle is a 990 sq ft, two-story home offering a primary bedroom on the main level and a loft-style second floor. Enjoy a nice sized covered front porch and a two-car carport for convenient parking. All appliances will convey with the property. The home presents an excellent opportunity for updates and improvements to suit the buyer’s vision. Next door at 8163 Deer View Ct, the secondary residence is a charming 768 sq ft, two-story, 2-bedroom, 1-bath cabin complete with a full kitchen and bathroom. The cabin showcases natural wood accents, including a distinctive center post supporting the staircase, adding to its rustic character. With two separate homes, this property offers strong potential for short-term or long-term rentals, multi-generational living, or a live-in-one, rent-the-other scenario. Property is being offered in its current condition, providing flexibility for buyers looking to add value and maximize future potential.

4. 2026-03-19
   price $150,000 1115-char remark

   Show marketing remark (1115 chars)

   Calling all Investors!!! Huge price drop! Unique opportunity featuring two separate dwellings on two adjoining lots. The main residence at 8161 Deer View Circle is a 990 sq ft, two-story home offering a primary bedroom on the main level and a loft-style second floor. Enjoy a nice sized covered front porch and a two-car carport for convenient parking. All appliances will convey with the property. The home presents an excellent opportunity for updates and improvements to suit the buyer’s vision. Next door at 8163 Deer View Ct, the secondary residence is a charming 768 sq ft, two-story, 2-bedroom, 1-bath cabin complete with a full kitchen and bathroom. The cabin showcases natural wood accents, including a distinctive center post supporting the staircase, adding to its rustic character. With two separate homes, this property offers strong potential for short-term or long-term rentals, multi-generational living, or a live-in-one, rent-the-other scenario. Property is being offered in its current condition, providing flexibility for buyers looking to add value and maximize future potential.

5. 2026-01-05
   listed $189,000 Active 1115-char remark

   Show marketing remark (1115 chars)

   Calling all Investors!!! Huge price drop! Unique opportunity featuring two separate dwellings on two adjoining lots. The main residence at 8161 Deer View Circle is a 990 sq ft, two-story home offering a primary bedroom on the main level and a loft-style second floor. Enjoy a nice sized covered front porch and a two-car carport for convenient parking. All appliances will convey with the property. The home presents an excellent opportunity for updates and improvements to suit the buyer’s vision. Next door at 8163 Deer View Ct, the secondary residence is a charming 768 sq ft, two-story, 2-bedroom, 1-bath cabin complete with a full kitchen and bathroom. The cabin showcases natural wood accents, including a distinctive center post supporting the staircase, adding to its rustic character. With two separate homes, this property offers strong potential for short-term or long-term rentals, multi-generational living, or a live-in-one, rent-the-other scenario. Property is being offered in its current condition, providing flexibility for buyers looking to add value and maximize future potential.

6. 2004-09-01
   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: $1,436 · $120/mo
• Projected year-2 tax: $2,104 · $175/mo
• Expected delta: +$668/yr (+$56/mo · 46.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $18,236
• − Mortgage interest: −$6,442
• − Property taxes: −$1,436
• − Insurance: −$1,372
• − Repairs & maintenance: −$1,459
• − Management: −$1,459
• − HOA: −$96
• − Depreciation: −$3,345
• Taxable income: $2,626
• Est. tax owed @ 24.0%: −$630
• After-tax cash flow: $3,634/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: Granbury ISD
• NCES district ID: 4821390
• Math proficiency: 46% ▬ 0.00%
• Reading proficiency: 46% ▲ 4.00%
• Median HH income: $55,856
• Composite: 40.04/100
• National rank: #3820
• State rank: #237 of 826 in TX

Livability — Pecan Plantation

• Score: 70/100
• State rank: #362
• US rank: #7773

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Hood County · 58,506 people
• Metro: Granbury, TX
• Population (ZIP): 31,506
• Household income: $104,967
• Rent vs Own: 12.3% rent · 87.7% own
• Severe rent burden: 235.0

Population outlook (Hood County) Hauer SSP2

• Today (2025): 63,502 people
• By 2030: 67,459 · +6.2%
• By 2040: 74,958 · +18.0%
• By 2050: 81,922 · +29.0%
• By 2075: 98,872 · +55.7%
• By 2100: 107,796 · +69.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 14% Two or more races 9%
• Hispanic origin (detail): Mexican 11%
• Common ancestry: Slovak 3% Serbian 2% Italian 2%
• Foreign-born: 5% · Canada
• Languages at home: 91% English-only · Spanish 8%

Political lean MEDSL · Hood

• 2024 margin: Solid R (+66.0) · D 16.6% · R 82.6%
• 2008→2024 swing: -11.9pp toward R · 2008: -54.0pp · 2024: -66.0pp
• All cycles: 2024: R+66.0 2020: R+64.1 2016: R+66.5 2012: R+64.7 2008: R+54.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -100.09%
• Current HPI: 273.1293
• Rent YoY: ▲ 5.20%
• Metro: Granbury, 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
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-39.2% since first listed

6 events — show timeline

• 2026-05-09 Contingent — NTREIS
• 2026-05-07 Pending — NTREIS
• 2026-04-23 Price Changed $115,000 NTREIS
• 2026-03-19 Price Changed $150,000 NTREIS
• 2026-01-05 Listed $189,000 NTREIS
• 2004-09-01 Sold (Public Records) — Public Records

Property tax history

+6.8%/yr

Latest (2025): $1,436 · +10.9% YoY. Source: county tax records.