17601 Betty Blvd · Rockwell Place, TX 79015

$145,000

4 bd · 2.0 ba · 2,128 sqft · SingleFamily · 69 Days on market

Built 1998 Poor condition 1.00 ac lot ↓ 16% since listing

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Why this score? — see what drove the C 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 +23.4/30.0
• DSCR +7.5/10.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Schools +5.0/10.0
• Rent growth +4.7/5.0
• Livability +2.5/5.0
• Condition / age +1.0/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

4/2 in Canyon, sits on 1 acre. Bring your horses, animals and Semi. Isolated Suite, or 2 Liv areas . Has a fireplace and formal Dining area. In canyon ISD. Room to add shop, barn.

Key facts

• Room to add barn
• Formal dining area
• Isolated suite

Tags

• ISOLATED SUITE
• FORMAL DINING AREA
• ROOM TO ADD SHOP
• ROOM TO ADD BARN

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $145k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $269 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $145k).
• Recommended offer: $136k (6.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Canyon ISD (town): math 60% / reading 54% proficiency, ranked #78 of 826 in TX (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Lakeview El (math 47% / reading 32%, grade F, #1,545 of 4,322 statewide, top 38%, 369 students, 61% FRL); Canyon J H (math 65% / reading 60%, grade B+, #128 of 1,662 statewide, top 8%, 548 students, 27% FRL); Canyon H S (math 63% / reading 68%, grade B, #193 of 1,632 statewide, top 12%, 1,082 students, 24% FRL).
• Market conditions: Rents rising fast (+8.6%/yr); 386 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 45 units permitted in Randall County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Randall County population projected at +36% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $41k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 69 days — a 6% lower offer ($136k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $20k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wildfire risk; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $136,300 (6.0% below list)

Questions for the listing agent

1. It's been on market 69 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 1.13% ✓
• Cap rate: 8.52%
• Cash-on-cash: 7.94%
• DSCR: 1.35
• GRM: 7.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 1.4%
• Equity multiple: 1.06×
• Total profit: $2,356
• Equity at exit: $21,620

10-year hold

• IRR: 15.6%
• Equity multiple: 2.57×
• Total profit: $63,827
• Equity at exit: $12,537

Cash invested: $40,600 (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 79015

• Rents YoY: 8.6%
• Active inventory: 386
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,645 medium
• Mortgage (P&I): −$760
• Tax from tax record: −$210 /mo · $2,518/yr
• Insurance: −$60
• HOA: −$0
• Vacancy / Maint / Mgmt: −$345
• Net cashflow: $269

Break-even live

Break-even rent $1,305

Max offer price $145,000

Occupancy floor 79%

Sensitivity live

Price	-10% $351	-5% $310	+0% $269	+5% $228	+10% $187
Rent	-10% $139	-5% $204	+0% $269	+5% $334	+10% $399
Rate	-1.0pp $342	-0.5pp $306	base $269	+0.5pp $231	+1.0pp $193

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: $36,250
• Closing costs: $4,350
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3923 Jj St Unit 3923 JJ C Canyon, TX	4.0	2.0	2128	$1,850	$0.87	15d	1	0.25mi

Listing history 27 events

1. 2026-06-22
   days on market $145,000 Active 69 DOM
2. 2026-06-18
   price $145,000 Active 66 DOM
3. 2026-06-18
   days on market $155,000 Active 66 DOM
4. 2026-06-17
   days on market $155,000 Active 65 DOM
5. 2026-06-16
   days on market $155,000 Active 64 DOM
6. 2026-06-15
   days on market $155,000 Active 63 DOM
7. 2026-06-14
   days on market $155,000 Active 61 DOM
8. 2026-06-13
   days on market $155,000 Active 60 DOM
9. 2026-06-10
   days on market $155,000 Active 58 DOM
10. 2026-06-09
    days on market $155,000 Active 57 DOM
11. 2026-06-08
    days on market $155,000 Active 56 DOM
12. 2026-06-07
    days on market $155,000 Active 55 DOM
13. 2026-06-05
    days on market $155,000 Active 52 DOM
14. 2026-06-03
    days on market $155,000 Active 51 DOM
15. 2026-06-02
    days on market $155,000 Active 50 DOM
16. 2026-06-01
    days on market $155,000 Active 49 DOM
17. 2026-05-31
    days on market $155,000 Active 48 DOM
18. 2026-05-30
    days on market $155,000 Active 47 DOM
19. 2026-05-15
    price $155,000 180-char remark

    Show marketing remark (180 chars)

    4/2 in Canyon, sits on 1 acre. Bring your horses, animals and Semi. Isolated Suite, or 2 Liv areas . Has a fireplace and formal Dining area. In canyon ISD. Room to add shop, barn.

20. 2026-04-13
    listed $165,000 Active 180-char remark

    Show marketing remark (180 chars)

    4/2 in Canyon, sits on 1 acre. Bring your horses, animals and Semi. Isolated Suite, or 2 Liv areas . Has a fireplace and formal Dining area. In canyon ISD. Room to add shop, barn.

21. 2025-02-28
    soldstatus Closed 597-char remark

    Show marketing remark (597 chars)

    Seller will put on a new roof prior to closing. Tons of space for the money! Check out this 4 bedroom, 2 bathroom home for sale in Canyon Texas. Sitting on 1 acre! Giving you tons of space for you, your things, horses, animals, or semis. Large isolated owners suite, 2 Living areas one with a fireplace, plus a formal dining room or home office allow for endless possibilities! Located in Canyon Independent School District. Plenty of room to add a shop or horse facilities. Schedule your showing today! This property also qualifies for 0% down financing with a USDA loan, ask me for more details!

22. 2025-02-28
    soldstatus

    Show marketing remark (597 chars)

    Seller will put on a new roof prior to closing. Tons of space for the money! Check out this 4 bedroom, 2 bathroom home for sale in Canyon Texas. Sitting on 1 acre! Giving you tons of space for you, your things, horses, animals, or semis. Large isolated owners suite, 2 Living areas one with a fireplace, plus a formal dining room or home office allow for endless possibilities! Located in Canyon Independent School District. Plenty of room to add a shop or horse facilities. Schedule your showing today! This property also qualifies for 0% down financing with a USDA loan, ask me for more details!

23. 2025-02-04
    status Pending 597-char remark

    Show marketing remark (597 chars)

    Seller will put on a new roof prior to closing. Tons of space for the money! Check out this 4 bedroom, 2 bathroom home for sale in Canyon Texas. Sitting on 1 acre! Giving you tons of space for you, your things, horses, animals, or semis. Large isolated owners suite, 2 Living areas one with a fireplace, plus a formal dining room or home office allow for endless possibilities! Located in Canyon Independent School District. Plenty of room to add a shop or horse facilities. Schedule your showing today! This property also qualifies for 0% down financing with a USDA loan, ask me for more details!

24. 2025-01-28
    historical Active Under Contract 597-char remark

    Show marketing remark (597 chars)

    Seller will put on a new roof prior to closing. Tons of space for the money! Check out this 4 bedroom, 2 bathroom home for sale in Canyon Texas. Sitting on 1 acre! Giving you tons of space for you, your things, horses, animals, or semis. Large isolated owners suite, 2 Living areas one with a fireplace, plus a formal dining room or home office allow for endless possibilities! Located in Canyon Independent School District. Plenty of room to add a shop or horse facilities. Schedule your showing today! This property also qualifies for 0% down financing with a USDA loan, ask me for more details!

25. 2025-01-19
    listed $185,000 Active 597-char remark

    Show marketing remark (597 chars)

    Seller will put on a new roof prior to closing. Tons of space for the money! Check out this 4 bedroom, 2 bathroom home for sale in Canyon Texas. Sitting on 1 acre! Giving you tons of space for you, your things, horses, animals, or semis. Large isolated owners suite, 2 Living areas one with a fireplace, plus a formal dining room or home office allow for endless possibilities! Located in Canyon Independent School District. Plenty of room to add a shop or horse facilities. Schedule your showing today! This property also qualifies for 0% down financing with a USDA loan, ask me for more details!

26. 2015-06-12
    soldstatus
27. 2015-05-28
    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: $2,518 · $210/mo
• Projected year-2 tax: $2,654 · $221/mo
• Expected delta: +$136/yr (+$11/mo · 5.4%)

ⓘ 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 9/10 Extreme
• 🌡 Heat 5/10 Major 7 d/yr ≥98°F today · 20 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,737
• − Mortgage interest: −$8,122
• − Property taxes: −$2,518
• − Insurance: −$725
• − Repairs & maintenance: −$1,579
• − Management: −$1,579
• − Depreciation: −$4,218
• Taxable income: $996
• Est. tax owed @ 24.0%: −$239
• After-tax cash flow: $2,986/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

Poor 20/100 Extensive rehab

This property requires extensive repairs and updates to improve its condition and value. Significant work is needed on the roof, exterior siding, kitchen, bathrooms, flooring, paint, and windows.

Repairs flagged

• Major roof — No visible roof condition details
• Major exterior siding — Exterior siding appears aged and weathered
• Major kitchen cabinets — Cabinets appear old and worn
• Major bathroom fixtures — No visible fixtures or condition details
• Major flooring — Carpeted floors appear old and worn
• Major paint — Paint appears old and uneven
• Major windows — Windows appear old and may need replacement

Value-add opportunities

• Both New roof — Improves both resale and rental value
• Both New exterior siding — Enhances curb appeal and value
• Both New kitchen cabinets and countertops — Modernizes the kitchen and adds value
• Both New bathroom fixtures — Enhances functionality and value
• Both New flooring — Improves aesthetics and value
• Both Paint job — Enhances curb appeal and interior aesthetics
• Both New windows — Improves energy efficiency and value

Renovation cost estimate screening

Repair item	Severity	Est. cost
roof · No visible roof condition details	Major	$15,000–50,000
exterior siding · Exterior siding appears aged and weathered	Major	$15,000–50,000
kitchen cabinets · Cabinets appear old and worn	Major	$15,000–50,000
bathroom fixtures · No visible fixtures or condition details	Major	$15,000–50,000
flooring · Carpeted floors appear old and worn	Major	$15,000–50,000
paint · Paint appears old and uneven	Major	$15,000–50,000
windows · Windows appear old and may need replacement	Major	$15,000–50,000
Total estimated repair cost · 7 items		$105,000–350,000

Value-add ROI direction

• Both New roof — Improves both resale and rental value ↑
• Both New exterior siding — Enhances curb appeal and value ↑
• Both New kitchen cabinets and countertops — Modernizes the kitchen and adds value ↑
• Both New bathroom fixtures — Enhances functionality and value ↑
• Both New flooring — Improves aesthetics and value ↑
• Both Paint job — Enhances curb appeal and interior aesthetics ↑
• Both New windows — Improves energy efficiency and value ↑

ⓘ 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: Canyon ISD
• NCES district ID: 4812810
• Math proficiency: 60% ▼ -1.00%
• Reading proficiency: 54% ▼ -1.00%
• Median HH income: $65,177
• Composite: 50.07/100
• National rank: #1912
• State rank: #78 of 826 in TX

Livability — Rockwell Place

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Rockwell Place, TX
• County: Randall County · 137,351 people
• Metro: Amarillo, TX
• Population (ZIP): 23,765
• Household income: $83,445
• Rent vs Own: 33.0% rent · 67.0% own
• Severe rent burden: 538.0

Population outlook (Randall County) Hauer SSP2

• Today (2025): 152,140 people
• By 2030: 163,107 · +7.2%
• By 2040: 184,999 · +21.6%
• By 2050: 206,948 · +36.0%
• By 2075: 260,204 · +71.0%
• By 2100: 294,980 · +93.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (79%)
• Race & ethnicity: White 79% Hispanic / Latino 15% Two or more races 9% Black 3% Asian 1%
• Hispanic origin (detail): Mexican 12%
• Common ancestry: Italian 3% Slovak 3% Romanian 1%
• Foreign-born: 4% · Canada
• Languages at home: 91% English-only · Spanish 6% Other Indo-European 1%

Political lean MEDSL · Randall

• 2024 margin: Solid R (+60.4) · D 19.4% · R 79.8%
• 2008→2024 swing: +2.3pp toward D · 2008: -62.7pp · 2024: -60.4pp
• All cycles: 2024: R+60.4 2020: R+58.8 2016: R+65.1 2012: R+68.2 2008: R+62.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -206.02%
• Current HPI: 181.7215
• Rent YoY: ▲ 8.61%
• Metro: Amarillo, 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

-16.2% since first listed

9 events — show timeline

• 2026-05-15 Price Changed $155,000 AARMLS
• 2026-04-13 Listed $165,000 AARMLS
• 2025-02-28 Sold (Public Records) — Public Records
• 2025-02-28 Sold (MLS) — AARMLS
• 2025-02-04 Pending — AARMLS
• 2025-01-28 Contingent — AARMLS
• 2025-01-19 Listed $185,000 AARMLS
• 2015-06-12 Sold (Public Records) — Public Records
• 2015-05-28 Sold (Public Records) — Public Records

Property tax history

+106.5%/yr

Latest (2025): $2,518 · +3.5% YoY. Source: county tax records.