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15009 Bushwacker Way
D- Composite 36.44
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 +11.8/30.0
  • Schools +4.6/10.0
  • Livability +4.0/5.0
  • Condition / age +4.0/5.0
  • DSCR +3.5/10.0
  • 1% rule +3.4/10.0
  • Rent growth +2.8/5.0
  • ARV discount +2.4/15.0
  • Appreciation +0.0/10.0

$295,999

15009 Bushwacker Way · Fort Worth, TX 76052
3 bd · 2.0 ba · 1,337 sqft · SingleFamily · 19 Days on market
Built 2026 Good condition Est $266k · 11% over

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

Listing remarks

This new single-story home offers a modern and low-maintenance layout. Two secondary bedrooms surround a full bathroom at the front of the home, leading to an open-concept layout shared between the kitchen, living and dining areas. A lavish owner's suite is nestled into a private rear corner and features an en-suite bathroom and walk-in closet.

Key facts

  • Walk-in closet
  • En-suite bathroom
  • Single-story home

Tags

SINGLE-STORY HOMEOPEN-CONCEPT LAYOUTEN-SUITE BATHROOMWALK-IN CLOSET

Property features AI

Finance

  • Financial info: List price: 301999

Exterior

  • Parking: 2-car garage / 2 total parking spaces
  • Home design: Spec new construction, Plan: Bonds; Single-family residence (exact stories/entry level not specified)
  • Construction: New construction (listed 2026)
  • Exterior features: Property contains living area of 1337 (measurement provided)

Interior

  • Kitchen: Standard kitchen (appliances not specified)
  • Bedrooms: 3 bedrooms
  • Bathrooms: 2 full bathrooms
  • Interior features: Open living area
  • Laundry & utility: Laundry/utility area (details not specified)

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 3-bed/2.0-bath single-family listed at $296k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-83 ($-998/yr) — negative.
  • To cash-flow at today's rent, offer at most $284k (4.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $248k (16.1% below list).
  • Recommended offer: $248k (16.1% below list) — sets the bar for 1% rule.
  • Cap rate 6.0% vs local median 3.9% in Fort Worth — 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 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
  • Northwest ISD (rural): math 48% / reading 52% proficiency, ranked #120 of 826 in TX (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Zoned schools: Prairie View El (math 21% / reading 27%, grade F, #3,221 of 4,322 statewide, top 75%, 631 students, 54% FRL); Chisholm Trail Middle (math 39% / reading 35%, grade F, #756 of 1,662 statewide, top 47%, 684 students, 51% FRL); Northwest H S (math 55% / reading 64%, grade C+, #275 of 1,632 statewide, top 19%, 2,264 students, 0% FRL).
  • Market conditions: Rents rising (+1.1%/yr); 1100 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 460 units permitted in Wise County in 2024 (243 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
  • Wise County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 19 days — a 2% lower offer ($292k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; major 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 $248,403 (16.1% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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
0.84%
Cap rate
5.96%
Cash-on-cash
-1.20%
DSCR
0.95
GRM
9.9

CMA / ARV

ARV (on-the-fly)
$266,063
Comps found
1
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
14932 Reyes Rd 0.00mi 3/2.0 1,461 (+9%) 1mo $290,999 $199 84

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 · 1.08% rent growth · sell at horizon

5-year hold
IRR
-20.4%
Equity multiple
0.30×
Total profit
$-57,935
Equity at exit
$44,134
10-year hold
IRR
-18.5%
Equity multiple
0.09×
Total profit
$-75,711
Equity at exit
$25,593

Cash invested: $82,880 (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 76052

Home prices YoY
-25.0%
Rents YoY
1.1%
Active inventory
1100
Price-to-rent
9.9×

Monthly cashflow live

Estimated rent
$2,484 medium interval (Pro) →
Mortgage (P&I)
$1,552
Tax est. 1.5%
$370 /mo · $4,440/yr
Insurance
$123
HOA
$0
Vacancy / Maint / Mgmt
$522
Net cashflow
$-83

Break-even live

Break-even rent $2,589
Max offer price $283,960
Occupancy floor 98%

Sensitivity live

Price -10% $121 -5% $19 +0% $-83 +5% $-185 +10% $-288
Rent -10% $-279 -5% $-181 +0% $-83 +5% $15 +10% $113
Rate -1.0pp $66 -0.5pp $-8 base $-83 +0.5pp $-160 +1.0pp $-238

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
$74,000
Closing costs
$8,880
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 2 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1413 Mustang Canyon Dr Haslet, TX 4.0 2.0 1738 $2,125 $1.22 5d 1 1.41mi
108 Telegraph Trl Newark, TX 3.0 2.0 1662 $1,995 $1.20 18d 1 1.43mi

Listing history 12 events

  1. 2026-06-22
    days on market $295,999 Active 19 DOM
  2. 2026-06-18
    days on market $295,999 Active 16 DOM
  3. 2026-06-17
    days on market $295,999 Active 15 DOM
  4. 2026-06-16
    days on market $295,999 Active 14 DOM
  5. 2026-06-15
    days on market $295,999 Active 13 DOM
  6. 2026-06-13
    pricedays on market $295,999 Active 11 DOM
  7. 2026-06-09
    days on market $301,999 Active 7 DOM
  8. 2026-06-08
    days on market $301,999 Active 6 DOM
  9. 2026-06-07
    days on market $301,999 Active 5 DOM
  10. 2026-06-04
    days on market $301,999 Active 2 DOM
  11. 2026-06-02
    remarks 346-char remark
  12. 2026-06-02
    listed $301,999 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 6/10 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 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,808
− Mortgage interest
−$16,581
− Property taxes
−$4,440
− Insurance
−$1,480
− Repairs & maintenance
−$2,385
− Management
−$2,385
− Depreciation
−$8,611
Taxable loss
−$6,072
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,457
After-tax cash flow
$459/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.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This modern single-story home offers a low-maintenance layout with a good condition score. It has a good foundation and structure, and the exterior and interior walls are in good condition. The kitchen and bathrooms are modern and well-maintained. The home is ready for a fresh paint job and some minor updates to the flooring and appliances to further increase its value.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Updating the flooring in the kitchen and living areas — New flooring can improve the overall look and feel of the home.
  • Both Upgrading the kitchen appliances — Modern appliances can increase the home's appeal and functionality.
  • Both Adding smart home features — Smart home features can enhance convenience and add value to the home.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and add value to the home.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics.
  • Both Updating the flooring in the kitchen and living areas — New flooring can improve the overall look and feel of the home.
  • Both Upgrading the kitchen appliances — Modern appliances can increase the home's appeal and functionality.
  • Both Adding smart home features — Smart home features can enhance convenience and add value to the home.
  • Both Landscaping improvements — Enhanced landscaping can improve curb appeal and add value to the home.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Northwest ISD
NCES district ID
4833180
Math proficiency
48% ▼ -15.00%
Reading proficiency
52% ▼ -8.00%
Median HH income
$85,315
Composite
46.15/100
National rank
#2504
State rank
#120 of 826 in TX

Livability — Fort Worth

Score
80/100
State rank
#49
US rank
#1954

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Tarrant County · 2,033,669 people
City population
911,619
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
34,249
Household income
$143,555
Rent vs Own
15.6% rent · 84.4% own
Severe rent burden
358.0

Population outlook (Wise County) Hauer SSP2

Today (2025)
71,620 people
By 2030
75,858 · +5.9%
By 2040
83,908 · +17.2%
By 2050
90,717 · +26.7%
By 2075
107,583 · +50.2%
By 2100
114,996 · +60.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Hispanic / Latino 14% Two or more races 13% Black 11% Asian 4%
Hispanic origin (detail)
Mexican 7% Puerto Rican 2%
Common ancestry
Lithuanian 7% Slovak 4% Romanian 1%
Foreign-born
7% · Canada, Vietnam
Languages at home
88% English-only · Spanish 6% Vietnamese 2% Other Indo-European 1%

Political lean MEDSL · Wise

2024 margin
Solid R (+70.0) · D 14.7% · R 84.7%
2008→2024 swing
-14.3pp toward R · 2008: -55.7pp · 2024: -70.0pp
All cycles
2024: R+70.0 2020: R+68.2 2016: R+69.9 2012: R+67.5 2008: R+55.7

Not yet ingested

Civics

Market trends

HPI YoY
▼ -78.77%
Current HPI
235.7417
Rent YoY
▲ 1.08%
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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