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3206 Ave A
B- Composite 68.32
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +3.1/5.0
  • Schools +2.8/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$31,000

3206 Ave A · Snyder, TX 79549
1 bd · 1.0 ba · 900 sqft · SingleFamily public records · 12 Days on market
Built 1952 8,712 sqft lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Great Starter Home or Investment Property. Currently Leased. Available in package with 409 31st, 313 36th place, 2505 28th Street, 3206 Ave A and 3900 Muriel. The oil field will come back, get in while you can! 4 of these properties are currently leased with good tenants.

Key facts

  • 8,712 sq ft lot
  • Parking
  • Built 1952

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath single-family listed at $31k.

Deal economics

  • At list price, monthly cash flow is $677 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $31k).

Location & tenants

  • Location reads 61/100 on livability (#1,008 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: health & safety C-, employment D+, crime F.
  • Snyder ISD (town): math 33% / reading 31% proficiency, ranked #577 of 826 in TX (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Snyder Int (math 42% / reading 28%, grade F, #1,965 of 4,322 statewide, top 46%, 362 students, 70% FRL); Snyder J H (math 24% / reading 27%, grade F, #1,236 of 1,662 statewide, top 76%, 594 students, 74% FRL); Snyder H S (math 27% / reading 40%, grade F, #1,011 of 1,632 statewide, top 63%, 709 students, 62% FRL) — zoned schools average 68% FRL vs 49% district-wide (19 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 108 active listings in the ZIP; 32 units permitted in Scurry County in 2024 (0 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $214 of loan paydown is wiped out by about $930 of value loss. Plan a longer hold.
  • Scurry County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $9k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts since 10y ago; this cycle's ask is 3016% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

  • Watch-outs: property tax is 2.5% of price; built in 1952 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: severe 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 $31,000

Questions for the listing agent

  1. Built in 1952 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. 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?
  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
3.75%
Cap rate
32.48%
Cash-on-cash
93.53%
DSCR
5.16
GRM
2.2

CMA / ARV

ARV (on-the-fly)
$71,100
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
207 34th St 0.20mi 2/1.0 (+1) 822 (-9%) 8mo $65,000 $79 65

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 · 3.0% rent growth · sell at horizon

5-year hold
IRR
94.4%
Equity multiple
5.39×
Total profit
$38,101
Equity at exit
$4,622
10-year hold
IRR
97.1%
Equity multiple
11.23×
Total profit
$88,803
Equity at exit
$2,680

Cash invested: $8,680 (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.

ZIP-level market 79549

Active inventory
108
Price-to-rent
2.2×

Monthly cashflow live

Estimated rent
$1,162 medium interval (Pro) →
Mortgage (P&I)
$163
Tax from tax record
$66 /mo · $789/yr
Insurance
$13
HOA
$0
Vacancy / Maint / Mgmt
$244
Net cashflow
$677

Break-even live

Break-even rent $305
Max offer price $31,000
Occupancy floor 37%

Sensitivity live

Price -10% $694 -5% $685 +0% $677 +5% $668 +10% $659
Rent -10% $585 -5% $631 +0% $677 +5% $722 +10% $768
Rate -1.0pp $692 -0.5pp $684 base $677 +0.5pp $669 +1.0pp $660

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
$7,750
Closing costs
$930
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.

Listing history 11 events

  1. 2026-04-02
    historical $1,050
  2. 2026-03-20
    price $1,050
  3. 2026-03-18
    listed $995
  4. 2026-03-01
    historical $995
  5. 2025-12-02
    listed $995
  6. 2025-04-08
    status Pending
  7. 2025-03-29
    historical Active Under Contract
  8. 2025-03-27
    listed $31,000 Active
  9. 2017-08-24
    soldstatus 272-char remark
    Show marketing remark (272 chars)

    Great Starter Home or Investment Property. Currently Leased. Available in package with 409 31st, 313 36th place, 2505 28th Street, 3206 Ave A and 3900 Muriel. The oil field will come back, get in while you can! 4 of these properties are currently leased with good tenants.

  10. 2016-12-20
    listed $40,500 272-char remark
    Show marketing remark (272 chars)

    Great Starter Home or Investment Property. Currently Leased. Available in package with 409 31st, 313 36th place, 2505 28th Street, 3206 Ave A and 3900 Muriel. The oil field will come back, get in while you can! 4 of these properties are currently leased with good tenants.

  11. 2009-02-26
    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
$789 · $66/mo
Projected year-2 tax
$789 · $66/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 · 0% chance over 30 yrs
  • 🔥 Wildfire 8/10 Severe
  • 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
  • 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$13,941
− Mortgage interest
−$1,736
− Property taxes
−$789
− Insurance
−$155
− Repairs & maintenance
−$1,115
− Management
−$1,115
− Depreciation
−$902
Taxable income
$8,128
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,951
After-tax cash flow
$6,168/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
Snyder ISD
NCES district ID
4840650
Math proficiency
33% ▼ -4.00%
Reading proficiency
31% ▼ -1.00%
Median HH income
$48,075
Composite
27.69/100
National rank
#6912
State rank
#577 of 826 in TX

Livability — Snyder

Score
61/100
State rank
#1008
US rank
#17920

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Snyder, TX
Population (ZIP)
15,505

Population outlook (Scurry County) Hauer SSP2

Today (2025)
18,819 people
By 2030
19,548 · +3.9%
By 2040
21,178 · +12.5%
By 2050
22,980 · +22.1%
By 2075
27,055 · +43.8%
By 2100
28,065 · +49.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.58)
Race & ethnicity
White 48% Hispanic / Latino 44% Two or more races 14% Black 3% Native American 1%
Hispanic origin (detail)
Mexican 40%
Common ancestry
Slovak 1% Italian 1%
Foreign-born
5% · Canada
Languages at home
75% English-only · Spanish 25%

Political lean MEDSL · Scurry

2024 margin
Solid R (+73.6) · D 12.8% · R 86.5%
2008→2024 swing
-13.9pp toward R · 2008: -59.7pp · 2024: -73.6pp
All cycles
2024: R+73.6 2020: R+71.0 2016: R+69.8 2012: R+65.4 2008: R+59.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -96.76%
Current HPI
137.2297
Rent YoY
Metro
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-97.4% since first listed
11 events — show timeline
  • 2026-04-02 Rental Removed $1,050 APPFOLIO
  • 2026-03-20 Price Changed $1,050 APPFOLIO
  • 2026-03-18 Listed for Rent $995 APPFOLIO
  • 2026-03-01 Rental Removed $995 APPFOLIO
  • 2025-12-02 Listed for Rent $995 APPFOLIO
  • 2025-04-08 Pending PBBOR
  • 2025-03-29 Contingent PBBOR
  • 2025-03-27 Listed $31,000 PBBOR
  • 2017-08-24 Sold (MLS) LARMLS
  • 2016-12-20 Listed $40,500 LARMLS
  • 2009-02-26 Sold (Public Records) Public Records

Property tax history

+6.0%/yr

Latest (2025): $789 · +3.7% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…