7813 Hood St · Lakeside, TX 76135

$199,000

3 bd · 2.0 ba · 1,016 sqft · SingleFamily public records · 54 Days on market

Built 1983 7,405 sqft lot $196/sqft · 16% below area Est $237k · 16% under ↓ 19% since listing

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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).

• ARV discount +14.7/15.0
• Cash flow +14.0/30.0
• 1% rule +4.4/10.0
• DSCR +4.2/10.0
• Schools +3.6/10.0
• Livability +3.5/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS HOME SHOULD BE PERFECT FOR THE PERSON WHO WANTS TO DOWNSIZE. THE PRICE HAS BEEN REDUCED BUT THE SELLER IS FIRM ON THIS THIS SHOULD BE RIGHT UP YOUR ALLEY IF YOU LOVE TO FISH OR GO BOATING AS IT IS CLOSE TO THE LAKE WHICH ALSO HAS A BEAUTIFUL PARK FOR YOUR FAMILY OR FRIENDS TO ENJOY. THE FORT WORTH BOAT CLUB IS RIGHT DOWN THE STREET ON FOSTER. MIN. FROM 820 IS JUST DOWN 199 TOWARD DOWNTOWN . IT IS ON A MONTH TO MONTH LEASE WITH THE TENNANTS SO THE OWNER WILL NEED TO GIVE A 30 DAY NOTICE UNLESS THE TENNANT HAS ALREADY MOVED BY THE TIME OF CONTRACT AND CLOSING. THE WASHER AND DRYER CONNECTIONS ARE IN THE GARAGE . PLEASE DO NOT CHANGE THE TITLE COMPANY

Key facts

• Solid bones
• Value-add project
• Well-positioned lot

Tags

• WELL-POSITIONED LOT
• ESTABLISHED NEIGHBORHOOD
• SOLID BONES
• FUNCTIONAL LAYOUT
• VALUE-ADD PROJECT
• GROWING AREA

Property features AI

Finance

• HOA & community: No association

Exterior

• Parking: Attached garage (1 car); Covered parking space (1)
• Utilities: Septic system; Not in a municipal utility district
• Home design: Single family residence; One story; Residential property
• Construction: Built in 1983
• Exterior features: Lot under 0.5 acre (approximately 0.17 acre); Subdivision: Young Ella Add

Interior

• Kitchen: Dishwasher
• Bedrooms: 3 bedrooms (all on the main level); Primary bedroom on the main level
• Bathrooms: 1 full bathroom; 1 half bathroom (2 total bathrooms)
• Interior features: Paneling throughout; One living area; One dining area; Total of 5 rooms

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $25 ($302/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 $187k (5.9% below list).
• Recommended offer: $187k (5.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#417 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: health & safety D+, schools F, amenities F.
• Azle ISD (suburban): math 37% / reading 43% proficiency, ranked #351 of 826 in TX (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 157 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
• This rent runs 30% of the median local income ($75k/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.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 54 days — a 3% lower offer ($193k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $187,266 (5.9% below list)

Questions for the listing agent

1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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?
5. 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.
6. 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.
7. 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: 0.94% ✗
• Cap rate: 6.44%
• Cash-on-cash: 0.54%
• DSCR: 1.02
• GRM: 8.9

CMA / ARV

• ARV (median comp): $236,947
• List price: $199,000
• Delta: -16.01%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.48% rent growth · sell at horizon

5-year hold

• IRR: -18.4%
• Equity multiple: 0.37×
• Total profit: $-35,199
• Equity at exit: $29,672

10-year hold

• IRR: -17.1%
• Equity multiple: 0.17×
• Total profit: $-46,346
• Equity at exit: $17,206

Cash invested: $55,720 (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 76135

• Home prices YoY: -17.3%
• Rents YoY: 0.5%
• Active inventory: 157
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,873 high
• Mortgage (P&I): −$1,044
• Tax from tax record: −$328 /mo · $3,933/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$393
• Net cashflow: $25

Break-even live

Break-even rent $1,841

Max offer price $199,000

Occupancy floor 94%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4109 Brooks Baker Ave Unit 1301589P Lakeside, TX	3.0	2.0	1345	$4,084	$3.04	7d	1	0.65mi
4009 Shawnee Trl Fort Worth, TX	3.0	2.0	1496	$1,801	$1.20	44d	1	1.11mi
7104 Foster Dr Fort Worth, TX	4.0	2.0	1476	$1,925	$1.30	7d	1	1.14mi
4025 Caddo Trl Fort Worth, TX	3.0	2.0	1382	$1,750	$1.27	44d	1	1.14mi
4009 Caddo Trl Fort Worth, TX	3.0	1.0	1237	$1,850	$1.50	44d	1	1.16mi
3217 Huron Trl Fort Worth, TX	3.0	2.0	1108	$1,850	$1.67	44d	1	1.20mi
7300 Comanche Trl Unit 4 Lake Worth, TX	2.0	1.0	865	$1,275	$1.47	44d	1	1.23mi
3901 Dakota Trl Fort Worth, TX	3.0	2.0	1481	$1,990	$1.34	44d	1	1.31mi
7521 Pawnee Trl Lake Worth, TX	2.0	2.0	972	$1,600	$1.65	3d	1	1.37mi

Listing history 25 events

1. 2026-06-18
   days on market $199,000 Active 54 DOM
2. 2026-06-17
   days on market $199,000 Active 53 DOM
3. 2026-06-16
   days on market $199,000 Active 52 DOM
4. 2026-06-15
   days on market $199,000 Active 51 DOM
5. 2026-06-13
   days on market $199,000 Active 49 DOM
6. 2026-06-13
   days on market $199,000 Active 48 DOM
7. 2026-06-09
   days on market $199,000 Active 45 DOM
8. 2026-06-08
   days on market $199,000 Active 44 DOM
9. 2026-06-07
   pricedays on market $199,000 Active 43 DOM
10. 2026-06-04
    days on market $202,000 Active 40 DOM
11. 2026-06-03
    days on market $202,000 Active 39 DOM
12. 2026-06-02
    days on market $202,000 Active 38 DOM
13. 2026-06-01
    days on market $202,000 Active 37 DOM
14. 2026-05-31
    days on market $202,000 Active 36 DOM
15. 2026-04-25
    listed $202,000 Active 858-char remark
16. 2023-08-25
    soldstatus
17. 2023-08-24
    soldstatus Closed 669-char remark

    Show marketing remark (669 chars)

    THIS HOME SHOULD BE PERFECT FOR THE PERSON WHO WANTS TO DOWNSIZE. THE PRICE HAS BEEN REDUCED BUT THE SELLER IS FIRM ON THIS THIS SHOULD BE RIGHT UP YOUR ALLEY IF YOU LOVE TO FISH OR GO BOATING AS IT IS CLOSE TO THE LAKE WHICH ALSO HAS A BEAUTIFUL PARK FOR YOUR FAMILY OR FRIENDS TO ENJOY. THE FORT WORTH BOAT CLUB IS RIGHT DOWN THE STREET ON FOSTER. MIN. FROM 820 IS JUST DOWN 199 TOWARD DOWNTOWN . IT IS ON A MONTH TO MONTH LEASE WITH THE TENNANTS SO THE OWNER WILL NEED TO GIVE A 30 DAY NOTICE UNLESS THE TENNANT HAS ALREADY MOVED BY THE TIME OF CONTRACT AND CLOSING. THE WASHER AND DRYER CONNECTIONS ARE IN THE GARAGE . PLEASE DO NOT CHANGE THE TITLE COMPANY

18. 2023-07-21
    status Pending 669-char remark

    Show marketing remark (669 chars)

    THIS HOME SHOULD BE PERFECT FOR THE PERSON WHO WANTS TO DOWNSIZE. THE PRICE HAS BEEN REDUCED BUT THE SELLER IS FIRM ON THIS THIS SHOULD BE RIGHT UP YOUR ALLEY IF YOU LOVE TO FISH OR GO BOATING AS IT IS CLOSE TO THE LAKE WHICH ALSO HAS A BEAUTIFUL PARK FOR YOUR FAMILY OR FRIENDS TO ENJOY. THE FORT WORTH BOAT CLUB IS RIGHT DOWN THE STREET ON FOSTER. MIN. FROM 820 IS JUST DOWN 199 TOWARD DOWNTOWN . IT IS ON A MONTH TO MONTH LEASE WITH THE TENNANTS SO THE OWNER WILL NEED TO GIVE A 30 DAY NOTICE UNLESS THE TENNANT HAS ALREADY MOVED BY THE TIME OF CONTRACT AND CLOSING. THE WASHER AND DRYER CONNECTIONS ARE IN THE GARAGE . PLEASE DO NOT CHANGE THE TITLE COMPANY

19. 2023-07-14
    historical Active Option Contract 669-char remark

    Show marketing remark (669 chars)

    THIS HOME SHOULD BE PERFECT FOR THE PERSON WHO WANTS TO DOWNSIZE. THE PRICE HAS BEEN REDUCED BUT THE SELLER IS FIRM ON THIS THIS SHOULD BE RIGHT UP YOUR ALLEY IF YOU LOVE TO FISH OR GO BOATING AS IT IS CLOSE TO THE LAKE WHICH ALSO HAS A BEAUTIFUL PARK FOR YOUR FAMILY OR FRIENDS TO ENJOY. THE FORT WORTH BOAT CLUB IS RIGHT DOWN THE STREET ON FOSTER. MIN. FROM 820 IS JUST DOWN 199 TOWARD DOWNTOWN . IT IS ON A MONTH TO MONTH LEASE WITH THE TENNANTS SO THE OWNER WILL NEED TO GIVE A 30 DAY NOTICE UNLESS THE TENNANT HAS ALREADY MOVED BY THE TIME OF CONTRACT AND CLOSING. THE WASHER AND DRYER CONNECTIONS ARE IN THE GARAGE . PLEASE DO NOT CHANGE THE TITLE COMPANY

20. 2023-06-28
    price $199,000 669-char remark

    Show marketing remark (669 chars)

    THIS HOME SHOULD BE PERFECT FOR THE PERSON WHO WANTS TO DOWNSIZE. THE PRICE HAS BEEN REDUCED BUT THE SELLER IS FIRM ON THIS THIS SHOULD BE RIGHT UP YOUR ALLEY IF YOU LOVE TO FISH OR GO BOATING AS IT IS CLOSE TO THE LAKE WHICH ALSO HAS A BEAUTIFUL PARK FOR YOUR FAMILY OR FRIENDS TO ENJOY. THE FORT WORTH BOAT CLUB IS RIGHT DOWN THE STREET ON FOSTER. MIN. FROM 820 IS JUST DOWN 199 TOWARD DOWNTOWN . IT IS ON A MONTH TO MONTH LEASE WITH THE TENNANTS SO THE OWNER WILL NEED TO GIVE A 30 DAY NOTICE UNLESS THE TENNANT HAS ALREADY MOVED BY THE TIME OF CONTRACT AND CLOSING. THE WASHER AND DRYER CONNECTIONS ARE IN THE GARAGE . PLEASE DO NOT CHANGE THE TITLE COMPANY

21. 2023-02-26
    listed $245,000 Active 669-char remark

    Show marketing remark (669 chars)

    THIS HOME SHOULD BE PERFECT FOR THE PERSON WHO WANTS TO DOWNSIZE. THE PRICE HAS BEEN REDUCED BUT THE SELLER IS FIRM ON THIS THIS SHOULD BE RIGHT UP YOUR ALLEY IF YOU LOVE TO FISH OR GO BOATING AS IT IS CLOSE TO THE LAKE WHICH ALSO HAS A BEAUTIFUL PARK FOR YOUR FAMILY OR FRIENDS TO ENJOY. THE FORT WORTH BOAT CLUB IS RIGHT DOWN THE STREET ON FOSTER. MIN. FROM 820 IS JUST DOWN 199 TOWARD DOWNTOWN . IT IS ON A MONTH TO MONTH LEASE WITH THE TENNANTS SO THE OWNER WILL NEED TO GIVE A 30 DAY NOTICE UNLESS THE TENNANT HAS ALREADY MOVED BY THE TIME OF CONTRACT AND CLOSING. THE WASHER AND DRYER CONNECTIONS ARE IN THE GARAGE . PLEASE DO NOT CHANGE THE TITLE COMPANY

22. 2022-12-10
    historical
23. 2022-09-04
    price $225,000
24. 2022-08-09
    listed $245,000 Active
25. 1998-09-18
    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: $3,933 · $328/mo
• Projected year-2 tax: $3,933 · $328/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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 21% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,472
• − Mortgage interest: −$11,147
• − Property taxes: −$3,933
• − Insurance: −$995
• − Repairs & maintenance: −$1,798
• − Management: −$1,798
• − Depreciation: −$5,789
• Taxable loss: −$2,988
• Est. tax savings @ 24.0%: +$717
• After-tax cash flow: $1,019/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: Azle ISD
• NCES district ID: 4809200
• Math proficiency: 37% ▼ -11.00%
• Reading proficiency: 43% ▼ -5.00%
• Median HH income: $61,473
• Composite: 35.57/100
• National rank: #4900
• State rank: #351 of 826 in TX

Livability — Lakeside

• Score: 69/100
• State rank: #417
• US rank: #8596

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lakeside, TX
• County: Tarrant County · 2,033,669 people
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 19,445
• Household income: $74,621
• Rent vs Own: 39.1% rent · 60.9% own
• Severe rent burden: 798.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (63%)
• Race & ethnicity: White 63% Hispanic / Latino 26% Two or more races 11% Black 8%
• Hispanic origin (detail): Mexican 22%
• Common ancestry: Italian 2% Romanian 2% Russian 2%
• Foreign-born: 7% · Canada, Jamaica
• Languages at home: 80% English-only · Spanish 19% Russian/Polish/Slavic 1%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.93%
• Current HPI: 305.0929
• Rent YoY: ▲ 0.48%
• 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
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-18.8% since first listed

12 events — show timeline

• 2026-06-06 Price Changed $199,000 NTREIS
• 2026-04-25 Listed $202,000 NTREIS
• 2023-08-25 Sold (Public Records) — Public Records
• 2023-08-24 Sold (MLS) — NTREIS
• 2023-07-21 Pending — NTREIS
• 2023-07-14 Contingent — NTREIS
• 2023-06-28 Price Changed $199,000 NTREIS
• 2023-02-26 Listed $245,000 NTREIS
• 2022-12-10 Listing Removed — NTREIS
• 2022-09-04 Price Changed $225,000 NTREIS
• 2022-08-09 Listed $245,000 NTREIS
• 1998-09-18 Sold (Public Records) — Public Records

Property tax history

+6.4%/yr

Latest (2025): $3,933 · +1.3% YoY. Source: county tax records.