344 Kingdom Blvd · Lindale, TX 75771

$224,000

3 bd · 2.0 ba · 1,482 sqft · SingleFamily public records · 69 Days on market

Built 2017 6,534 sqft lot $151/sqft · 25% below area Est $299k · 25% under $25/mo HOA · 1% of rent ↓ 24% 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 +15.0/15.0
• Cash flow +6.5/30.0
• Schools +5.9/10.0
• Livability +4.0/5.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is the home that you have waiting on in Lindale ISD: corner lot, fenced backyard, kitchen with island, FP and so much more. Community amenities include dog park, park, playground and more to come.

Key facts

• Fenced backyard
• Corner lot
• Kitchen with island

Tags

• CORNER LOT
• FENCED BACKYARD
• KITCHEN WITH ISLAND

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $224k.

Deal economics

• At list price, monthly cash flow is $-383 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $156k (30.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $178k (20.7% below list).
• Recommended offer: $156k (30.2% below list) — sets the bar for cash-flow.
• Cap rate 4.2% vs local median 3.1% in Lindale — 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 79/100 on livability (#52 in TX, #2,100 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Lindale ISD (town): math 71% / reading 66% proficiency, ranked #20 of 826 in TX (top 2%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Velma Penny El (math 67% / reading 67%, grade B+, #199 of 4,322 statewide, top 5%, 541 students, 48% FRL); E J Moss Int (math 66% / reading 59%, grade B+, #128 of 1,662 statewide, top 8%, 981 students, 45% FRL); Lindale H S (math 79% / reading 75%, grade A-, #60 of 1,632 statewide, top 4%, 1,265 students, 38% FRL).
• Market conditions: 640 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 595 units permitted in Smith County in 2024 (45 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 $7k 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 69 days — a 6% lower offer ($211k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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

• Watch-outs: property tax is 2.6% of price.
• Climate carrying-cost: major wind risk, 59% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→27/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $156,371 (30.2% 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. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 0.79% ✗
• Cap rate: 4.24%
• Cash-on-cash: -7.32%
• DSCR: 0.67
• GRM: 10.5

CMA / ARV

• ARV (median comp): $299,146
• List price: $224,000
• Delta: -25.12%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
225 Patience Ave	0.05mi	3/2.0	1,449 (-2%)	1mo	$275,000	$190	93
333 Kingdom Blvd	0.03mi	3/2.0	1,477 (-0%)	6mo	$285,000	$193	93
221 Patience Ave	0.06mi	3/2.0	1,450 (-2%)	15mo	$305,900	$211	81
332 Kingdom Blvd	0.05mi	3/2.0	1,339 (-10%)	1mo	$197,300	$147	81
523 Cornerstone Rd	0.11mi	3/2.0	1,539 (+4%)	10mo	$295,000	$192	80
201 Patience Ave	0.12mi	3/2.0	1,543 (+4%)	11mo	$297,500	$193	78
213 Patience Ave	0.08mi	3/2.0	1,415 (-4%)	16mo	$294,000	$208	75

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: -28.9%
• Equity multiple: 0.04×
• Total profit: $-60,507
• Equity at exit: $33,399

10-year hold

• IRR: -28.4%
• Equity multiple: -0.33×
• Total profit: $-83,382
• Equity at exit: $19,367

Cash invested: $62,720 (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 75771

• Home prices YoY: -30.6%
• Active inventory: 640
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,776 medium
• Mortgage (P&I): −$1,175
• Tax from tax record: −$493 /mo · $5,917/yr
• Insurance: −$93
• HOA: −$25
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $-383

Break-even live

Break-even rent $2,261

Max offer price $156,371

Occupancy floor —

Sensitivity live

Price	-10% $-256	-5% $-319	+0% $-383	+5% $-446	+10% $-510
Rent	-10% $-523	-5% $-453	+0% $-383	+5% $-313	+10% $-243
Rate	-1.0pp $-270	-0.5pp $-326	base $-383	+0.5pp $-441	+1.0pp $-500

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: $56,000
• Closing costs: $6,720
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
219 Texas Dr Hideaway, TX	3.0	3.0	1512	$2,250	$1.49	15d	1	1.33mi

HOA detail

• Monthly dues: $25 · $300/yr

Listing history 22 events

1. 2026-06-22
   days on market $224,000 Active 69 DOM
2. 2026-06-19
   days on market $224,000 Active 67 DOM
3. 2026-06-18
   days on market $224,000 Active 66 DOM
4. 2026-06-17
   days on market $224,000 Active 65 DOM
5. 2026-06-16
   days on market $224,000 Active 64 DOM
6. 2026-06-15
   days on market $224,000 Active 63 DOM
7. 2026-06-14
   days on market $224,000 Active 61 DOM
8. 2026-06-13
   days on market $224,000 Active 60 DOM
9. 2026-06-10
   days on market $224,000 Active 58 DOM
10. 2026-06-09
    days on market $224,000 Active 57 DOM
11. 2026-06-08
    days on market $224,000 Active 56 DOM
12. 2026-06-07
    days on market $224,000 Active 55 DOM
13. 2026-06-03
    days on market $224,000 Active 51 DOM
14. 2026-06-02
    days on market $224,000 Active 50 DOM
15. 2026-06-01
    days on market $224,000 Active 49 DOM
16. 2026-05-31
    days on market $224,000 Active 48 DOM
17. 2026-05-30
    days on market $224,000 Active 47 DOM
18. 2026-05-19
    price $224,000 202-char remark

    Show marketing remark (202 chars)

    This is the home that you have waiting on in Lindale ISD: corner lot, fenced backyard, kitchen with island, FP and so much more. Community amenities include dog park, park, playground and more to come.

19. 2026-04-14
    listed $235,700 Active 202-char remark

    Show marketing remark (202 chars)

    This is the home that you have waiting on in Lindale ISD: corner lot, fenced backyard, kitchen with island, FP and so much more. Community amenities include dog park, park, playground and more to come.

20. 2025-11-28
    price $291,800
21. 2025-11-15
    price $293,800
22. 2025-11-03
    listed $294,800 Active

ⓘ 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: $5,917 · $493/mo
• Projected year-2 tax: $5,917 · $493/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 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 27 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 59% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,316
• − Mortgage interest: −$12,547
• − Property taxes: −$5,917
• − Insurance: −$1,120
• − Repairs & maintenance: −$1,705
• − Management: −$1,705
• − HOA: −$300
• − Depreciation: −$6,516
• Taxable loss: −$8,496
• Est. tax savings @ 24.0%: +$2,039
• After-tax cash flow: $-2,555/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: Lindale ISD
• NCES district ID: 4827510
• Math proficiency: 71% ▼ -2.00%
• Reading proficiency: 66% ▲ 4.00%
• Median HH income: $57,325
• Composite: 58.85/100
• National rank: #974
• State rank: #20 of 826 in TX

Livability — Lindale

• Score: 79/100
• State rank: #52
• US rank: #2100

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Smith County · 180,570 people
• City population: 21,238
• Metro: Tyler, TX
• Population (ZIP): 21,238
• Household income: $93,462
• Rent vs Own: 21.7% rent · 78.3% own
• Severe rent burden: 166.0

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: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 9% Two or more races 6% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Slovak 3% Serbian 2% Lithuanian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 93% English-only · Spanish 6%

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: ▼ -88.40%
• Current HPI: 200.187
• Rent YoY: —
• 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
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-24.0% since first listed

5 events — show timeline

• 2026-05-19 Price Changed $224,000 GTAR
• 2026-04-14 Listed $235,700 GTAR
• 2025-11-28 Price Changed $291,800 LAAR
• 2025-11-15 Price Changed $293,800 LAAR
• 2025-11-03 Listed $294,800 LAAR

Property tax history

+98.0%/yr

Latest (2024): $5,917 · +6.2% YoY. Source: county tax records.