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2625 Canton Dr
B- Composite 68.35
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 +4.0/5.0
  • Condition / age +2.5/5.0
  • Rent growth +2.4/5.0
  • Schools +2.0/10.0
  • Appreciation +0.0/10.0

$99,817

2625 Canton Dr · Fort Worth, TX 76112
3 bd · 1.0 ba · 1,855 sqft · SingleFamily public records · 39 Days on market
Built 1935 10,498 sqft lot $54/sqft · 59% below area ↓ 33% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This is a clean, direct cash sale — no wholesalers, no seller financing, and no creative offers of any kind, no exceptions. Submit your highest and best; all offers must be on the TREC 1-4 Residential Contract — presented to the seller. Funds will be verified prior to signing. A $10,000 non-refundable deposit is due at execution. Buyer is responsible for a new survey — note that the east property line runs one foot west of the barn and should be fenced accordingly. Photos were taken March 29, 2026 and reflect current condition. If the buyer's name changes at any point during the pendingperiod, the contract is cancelled.

Key facts

  • 0.24 acre lot
  • 2 parking spots
  • Built 1935

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/1.0-bath single-family listed at $100k.

Deal economics

  • At list price, monthly cash flow is $595 ($7k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $100k).
  • Recommended offer: $97k (3.0% below list) — sets the bar for market timing.
  • Cap rate 13.4% 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: schools D+, crime F.
  • Fort Worth ISD (urban): math 18% / reading 28% proficiency, ranked #742 of 826 in TX (top 90%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Market conditions: Rents soft (-0.4%/yr); 169 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).
  • This rent runs 38% of the median local income ($58k/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 $690 of loan paydown is wiped out by about $3k 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.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $28k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 39 days — a 3% lower offer ($97k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: property tax is 3.4% of price; built in 1935 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $96,822 (3.0% below list)

Questions for the listing agent

  1. It's been on market 39 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
  2. Built in 1935 — 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  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
1.82%
Cap rate
13.44%
Cash-on-cash
25.54%
DSCR
2.14
GRM
4.6

CMA / ARV

ARV (median comp)
$245,297
List price
$99,817
Delta
-59.31%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2625 Canton Dr 0.00mi 4/2.0 (+1) 1,855 (0%) 0mo $99,817 $54 91
2621 Canton Dr 0.01mi 3/2.0 1,658 (-11%) 2mo $300,000 $181 76
2700 Pollard St 0.11mi 3/2.0 1,635 (-12%) 2mo $279,500 $171 69
2628 Cravens Rd 0.17mi 3/2.0 1,622 (-13%) 2mo $245,000 $151 66
2404 Handley Dr 0.74mi 3/2.0 1,864 (+0%) 7mo $294,500 $158 55
5545 S Hampshire Blvd 0.55mi 4/2.5 (+1) 1,810 (-2%) 10mo $339,900 $188 51
1916 Canterbury Cir 0.63mi 3/2.0 1,676 (-10%) 2mo $299,900 $179 49
5824 Yolanda Dr 0.68mi 3/2.0 2,027 (+9%) 3mo $315,599 $156 46
1925 Canterbury Cir 0.61mi 3/2.0 2,078 (+12%) 2mo $249,000 $120 46
5917 Yosemite Dr 0.57mi 3/2.0 1,624 (-12%) 4mo $275,000 $169 46
5416 Purington Ave 0.52mi 4/2.0 (+1) 1,700 (-8%) 10mo $237,900 $140 44
5816 Yolanda Dr 0.68mi 2/2.0 (-1) 1,703 (-8%) 2mo $260,000 $153 44

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 · 0.0% rent growth · sell at horizon

5-year hold
IRR
15.3%
Equity multiple
1.59×
Total profit
$16,493
Equity at exit
$14,883
10-year hold
IRR
21.4%
Equity multiple
2.54×
Total profit
$43,009
Equity at exit
$8,630

Cash invested: $27,949 (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 76112

Home prices YoY
-32.0%
Rents YoY
-0.4%
Active inventory
169
Price-to-rent
4.6×

Monthly cashflow live

Estimated rent
$1,822 high interval (Pro) →
Mortgage (P&I)
$523
Tax from tax record
$279 /mo · $3,351/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$383
Net cashflow
$595

Break-even live

Break-even rent $1,069
Max offer price $99,817
Occupancy floor 62%

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
$24,954
Closing costs
$2,995
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 28 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6008 Shelton St Fort Worth, TX 3.0 2.0 1780 $1,500 $0.84 24d 1 0.40mi
2332 Grandview Dr Fort Worth, TX 4.0 2.0 1994 $2,000 $1.00 22d 1 0.50mi
5317 Purington Ave Fort Worth, TX 2.0 1.0 1363 $1,525 $1.12 24d 1 0.61mi
5311 Purington Ave Fort Worth, TX 2.0 1.0 2196 $1,525 $0.69 24d 1 0.63mi
2100 E Loop 820 Fort Worth, TX 2.0–3.0 1.0–2.0 1070 $1,690 $1.58 1d 36 0.67mi
2120 Handley Dr Fort Worth, TX 1.0–3.0 1.0–2.0 931 $1,875 $2.01 2d 11 0.76mi
2121 Handley Dr Fort Worth, TX 2.0–3.0 1.0–2.0 1085 $1,395 $1.29 1d 3 0.91mi
6800 Beaty St Fort Worth, TX 3.0 2.0 1465 $1,925 $1.31 6d 1 0.93mi
1736 Ransom Ter Fort Worth, TX 3.0 2.0 1322 $1,850 $1.40 15d 1 0.97mi
3121 Lumber St Fort Worth, TX 3.0 2.5 1254 $2,000 $1.59 4d 1 0.99mi
1604 Weiler Blvd Fort Worth, TX 3.0 2.0 1941 $2,150 $1.11 43d 1 1.01mi
1604 Weiler Blvd Fort Worth, TX 3.0 2.0 1941 $2,150 $1.11 24d 1 1.01mi
1604 Weiler Blvd Fort Worth, TX 3.0 2.0 1941 $2,150 $1.11 15d 1 1.01mi
2120 Nottingham Blvd Fort Worth, TX 3.0 2.0 1623 $2,100 $1.29 4d 1 1.05mi
5006 Norma St Fort Worth, TX 2.0 2.0 1964 $1,300 $0.66 15d 1 1.05mi
1007 Tierney Rd Unit 1007 Fort Worth, TX 2.0 1.0 1600 $1,250 $0.78 43d 1 1.11mi
1508 Grantland Cir Fort Worth, TX 3.0 2.0 1600 $2,250 $1.41 15d 1 1.11mi
5930 Chimney Wood Cir Fort Worth, TX 3.0 2.5 1800 $3,500 $1.94 2d 1 1.14mi
4900 Morris Ave Fort Worth, TX 3.0 2.0 1248 $1,695 $1.36 6d 1 1.15mi
6237 Warrington Pl Fort Worth, TX 3.0 2.0 1629 $1,929 $1.18 6d 1 1.21mi
1905 Milam St Fort Worth, TX 4.0 2.0 1590 $1,999 $1.26 24d 1 1.23mi
2312 Cass St Fort Worth, TX 4.0 2.5 1600 $1,850 $1.16 14d 1 1.27mi
6050 Oakland Hills Dr Fort Worth, TX 1.0–3.0 1.0–2.0 925 $1,615 $1.75 2d 33 1.41mi
5636 Lester Granger Dr Fort Worth, TX 3.0 2.0 1300 $1,495 $1.15 24d 1 1.46mi
4820 Briarwood Ln Fort Worth, TX 4.0 2.0 1955 $2,395 $1.23 11d 1 1.48mi
1608 Mims St Fort Worth, TX 3.0 2.0 1560 $1,900 $1.22 12d 1 1.49mi
1608 Mims St Fort Worth, TX 4.0 2.0 1560 $1,900 $1.22 43d 1 1.49mi
6805 Terbet Ct Fort Worth, TX 3.0 2.0 1609 $2,295 $1.43 6d 1 1.49mi

Listing history 7 events

  1. 2026-05-08
    status Pending 645-char remark
    Show marketing remark (645 chars)

    This is a clean, direct cash sale — no wholesalers, no seller financing, and no creative offers of any kind, no exceptions. Submit your highest and best; all offers must be on the TREC 1-4 Residential Contract — presented to the seller. Funds will be verified prior to signing. A $10,000 non-refundable deposit is due at execution. Buyer is responsible for a new survey — note that the east property line runs one foot west of the barn and should be fenced accordingly. Photos were taken March 29, 2026 and reflect current condition. If the buyer's name changes at any point during the pendingperiod, the contract is cancelled.

  2. 2026-04-29
    price $99,817 645-char remark
    Show marketing remark (645 chars)

    This is a clean, direct cash sale — no wholesalers, no seller financing, and no creative offers of any kind, no exceptions. Submit your highest and best; all offers must be on the TREC 1-4 Residential Contract — presented to the seller. Funds will be verified prior to signing. A $10,000 non-refundable deposit is due at execution. Buyer is responsible for a new survey — note that the east property line runs one foot west of the barn and should be fenced accordingly. Photos were taken March 29, 2026 and reflect current condition. If the buyer's name changes at any point during the pendingperiod, the contract is cancelled.

  3. 2026-04-09
    price $129,817 645-char remark
    Show marketing remark (645 chars)

    This is a clean, direct cash sale — no wholesalers, no seller financing, and no creative offers of any kind, no exceptions. Submit your highest and best; all offers must be on the TREC 1-4 Residential Contract — presented to the seller. Funds will be verified prior to signing. A $10,000 non-refundable deposit is due at execution. Buyer is responsible for a new survey — note that the east property line runs one foot west of the barn and should be fenced accordingly. Photos were taken March 29, 2026 and reflect current condition. If the buyer's name changes at any point during the pendingperiod, the contract is cancelled.

  4. 2026-03-30
    listed $149,817 Active 645-char remark
    Show marketing remark (645 chars)

    This is a clean, direct cash sale — no wholesalers, no seller financing, and no creative offers of any kind, no exceptions. Submit your highest and best; all offers must be on the TREC 1-4 Residential Contract — presented to the seller. Funds will be verified prior to signing. A $10,000 non-refundable deposit is due at execution. Buyer is responsible for a new survey — note that the east property line runs one foot west of the barn and should be fenced accordingly. Photos were taken March 29, 2026 and reflect current condition. If the buyer's name changes at any point during the pendingperiod, the contract is cancelled.

  5. 2025-09-26
    soldstatus
  6. 2016-07-22
    soldstatus
  7. 1988-01-20
    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
$3,351 · $279/mo
Projected year-2 tax
$3,351 · $279/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 1/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 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
$21,859
− Mortgage interest
−$5,591
− Property taxes
−$3,351
− Insurance
−$499
− Repairs & maintenance
−$1,749
− Management
−$1,749
− Depreciation
−$2,904
Taxable income
$6,017
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,444
After-tax cash flow
$5,694/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
Fort Worth ISD
NCES district ID
4819700
Math proficiency
18% ▼ -16.00%
Reading proficiency
28% ▼ -6.00%
Median HH income
$42,109
Composite
19.61/100
National rank
#8753
State rank
#742 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

Census place
Fort Worth, TX
County
Tarrant County · 2,033,669 people
City population
911,619
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
44,514
Household income
$57,724
Rent vs Own
51.3% rent · 48.7% own
Severe rent burden
3056.0

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
Diverse neighborhood (Simpson 0.69)
Race & ethnicity
Black 38% Hispanic / Latino 34% White 21% Two or more races 19% Asian 3%
Hispanic origin (detail)
Mexican 28% Puerto Rican 1%
Common ancestry
Lithuanian 1% Slovak 1% Swiss 1%
Foreign-born
15% · Canada, Vietnam
Languages at home
67% English-only · Spanish 29% Other Indo-European 1% Vietnamese 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
▼ -158.49%
Current HPI
336.6297
Rent YoY
▼ -0.43%
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

Price history

-33.4% since first listed
7 events — show timeline
  • 2026-05-08 Pending NTREIS
  • 2026-04-29 Price Changed $99,817 NTREIS
  • 2026-04-09 Price Changed $129,817 NTREIS
  • 2026-03-30 Listed $149,817 NTREIS
  • 2025-09-26 Sold (Public Records) Public Records
  • 2016-07-22 Sold (Public Records) Public Records
  • 1988-01-20 Sold (Public Records) Public Records

Property tax history

+4.8%/yr

Latest (2025): $3,351 · +7.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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