308 Cypress St · Pineland, TX 75968

$49,900

4 bd · 1.0 ba · 1,080 sqft · SingleFamily public records · 263 Days on market

Built 1956 9,148 sqft lot

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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
• Appreciation +7.0/10.0
• Livability +3.1/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Charming Traditional Fixer Upper in the Heart of Pineland, TX. This 4 bedroom, 1 bath home is full of potential and ready for your personal touch. Nestled in a quiet neighborhood, the property sits in a prime location just blocks from the local school and city park, offering convenience for families and outdoor enthusiasts alike. The home's traditional layout provides plenty of room to work with—whether you're looking to renovate for your own use or invest in a rental or resale opportunity. With its generous lot size and classic character, this property is a blank canvas waiting to be transformed. If you've been searching for a budget-friendly fixer upper with great bones and a fantastic location, this Pineland gem is the one. Bring your vision and unlock its full potential!

Key facts

• Quiet neighborhood
• Classic character
• Prime location

Tags

• PRIME LOCATION
• QUIET NEIGHBORHOOD
• GENEROUS LOT SIZE
• CLASSIC CHARACTER

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $50k.

Deal economics

• At list price, monthly cash flow is $445 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $50k).
• Recommended offer: $44k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 62/100 on livability (#966 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: schools D+, amenities F, commute F.
• West Sabine ISD (rural): math 33% / reading 32% proficiency, ranked #597 of 826 in TX (top 72%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 43 active listings in the ZIP.

Forward outlook

• In year one you build about $2k of equity ($345 loan paydown + $2k appreciation (4.0% local appreciation)).
• Sabine County population projected at -23% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (4.0% appreciation + 3.0% rent growth), your $14k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 263 days — a 12% lower offer ($44k) 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 2.7% of price; built in 1956 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe wind risk, 91% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $43,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 263 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1956 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 2.13% ✓
• Cap rate: 17.00%
• Cash-on-cash: 38.23%
• DSCR: 2.70
• GRM: 3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

3.98% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 45.2%
• Equity multiple: 3.65×
• Total profit: $37,055
• Equity at exit: $25,254

10-year hold

• IRR: 44.1%
• Equity multiple: 7.38×
• Total profit: $89,119
• Equity at exit: $41,269

Cash invested: $13,972 (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 75968

• Home prices YoY: 5.2%
• Active inventory: 43
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,065 medium
• Mortgage (P&I): −$262
• Tax from tax record: −$114 /mo · $1,367/yr
• Insurance: −$21
• HOA: −$0
• Vacancy / Maint / Mgmt: −$224
• Net cashflow: $445

Break-even live

Break-even rent $502

Max offer price $49,900

Occupancy floor 53%

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: $12,475
• Closing costs: $1,497
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $49,900 Active 263 DOM
2. 2026-06-17
   days on market $49,900 Active 262 DOM
3. 2026-06-16
   days on market $49,900 Active 261 DOM
4. 2026-06-15
   days on market $49,900 Active 260 DOM
5. 2026-06-15
   days on market $49,900 Active 259 DOM
6. 2026-06-13
   days on market $49,900 Active 258 DOM
7. 2026-06-12
   days on market $49,900 Active 257 DOM
8. 2026-06-09
   days on market $49,900 Active 254 DOM
9. 2026-06-08
   days on market $49,900 Active 253 DOM
10. 2026-06-08
    days on market $49,900 Active 252 DOM
11. 2026-06-05
    days on market $49,900 Active 250 DOM
12. 2026-06-03
    days on market $49,900 Active 248 DOM
13. 2026-06-02
    days on market $49,900 Active 247 DOM
14. 2026-06-01
    days on market $49,900 Active 246 DOM
15. 2026-05-31
    days on market $49,900 Active 245 DOM
16. 2026-03-21
    status Active 791-char remark

    Show marketing remark (791 chars)

    Charming Traditional Fixer Upper in the Heart of Pineland, TX. This 4 bedroom, 1 bath home is full of potential and ready for your personal touch. Nestled in a quiet neighborhood, the property sits in a prime location just blocks from the local school and city park, offering convenience for families and outdoor enthusiasts alike. The home's traditional layout provides plenty of room to work with—whether you're looking to renovate for your own use or invest in a rental or resale opportunity. With its generous lot size and classic character, this property is a blank canvas waiting to be transformed. If you've been searching for a budget-friendly fixer upper with great bones and a fantastic location, this Pineland gem is the one. Bring your vision and unlock its full potential!

17. 2025-09-12
    listed $49,900 Active 791-char remark

    Show marketing remark (791 chars)

    Charming Traditional Fixer Upper in the Heart of Pineland, TX. This 4 bedroom, 1 bath home is full of potential and ready for your personal touch. Nestled in a quiet neighborhood, the property sits in a prime location just blocks from the local school and city park, offering convenience for families and outdoor enthusiasts alike. The home's traditional layout provides plenty of room to work with—whether you're looking to renovate for your own use or invest in a rental or resale opportunity. With its generous lot size and classic character, this property is a blank canvas waiting to be transformed. If you've been searching for a budget-friendly fixer upper with great bones and a fantastic location, this Pineland gem is the one. Bring your vision and unlock its full potential!

18. 2022-09-23
    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: $1,367 · $114/mo
• Projected year-2 tax: $1,367 · $114/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 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 23 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 91% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,782
• − Mortgage interest: −$2,795
• − Property taxes: −$1,367
• − Insurance: −$250
• − Repairs & maintenance: −$1,023
• − Management: −$1,023
• − Depreciation: −$1,452
• Taxable income: $4,874
• Est. tax owed @ 24.0%: −$1,170
• After-tax cash flow: $4,171/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: West Sabine ISD
• NCES district ID: 4845180
• Math proficiency: 33% ▼ -14.00%
• Reading proficiency: 32% ▼ -6.00%
• Median HH income: $31,860
• Composite: 26.55/100
• National rank: #7193
• State rank: #597 of 826 in TX

Livability — Pineland

• Score: 62/100
• State rank: #966
• US rank: #17147

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pineland, TX
• Population (ZIP): 1,966

Population outlook (Sabine County) Hauer SSP2

• Today (2025): 9,354 people
• By 2030: 8,806 · -5.9%
• By 2040: 7,871 · -15.9%
• By 2050: 7,224 · -22.8%
• By 2075: 6,351 · -32.1%
• By 2100: 5,465 · -41.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Black 6%
• Common ancestry: Lithuanian 2% Serbian 1% Italian 1%
• Foreign-born: 0% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Sabine

• 2024 margin: Solid R (+78.5) · D 10.6% · R 89.1%
• 2008→2024 swing: -23.7pp toward R · 2008: -54.8pp · 2024: -78.5pp
• All cycles: 2024: R+78.5 2020: R+75.0 2016: R+72.8 2012: R+63.9 2008: R+54.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.98%
• Current HPI: 81.0253
• Rent YoY: —
• Metro: —
• 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

3 events — show timeline

• 2026-03-21 Relisted — Deep East Texas MLS
• 2025-09-12 Listed $49,900 Deep East Texas MLS
• 2022-09-23 Sold (Public Records) — Public Records

Property tax history

+6.5%/yr

Latest (2025): $1,367 · +3.7% YoY. Source: county tax records.