4113 Canyon Trl · Lake Worth, TX 76135

$175,000

3 bd · 2.0 ba · 1,986 sqft · SingleFamily public records · 97 Days on market

Built 1958 0.35 ac lot $88/sqft · 34% below area Est $266k · 34% under ↓ 12% 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 +21.0/30.0
• ARV discount +15.0/15.0
• 1% rule +6.8/10.0
• DSCR +6.7/10.0
• Livability +3.6/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +1.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

Key facts

• Solid construction
• Generous lot
• Flex room

Tags

• CORNER LOT
• FLEX ROOM
• HARDWOOD FLOORS
• GENEROUS LOT
• SOLID CONSTRUCTION

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $175k.

Deal economics

• At list price, monthly cash flow is $247 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $175k).
• Recommended offer: $159k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.0% vs local median 5.3% in Lake 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 72/100 on livability (#269 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools F, crime F, commute F.
• Lake Worth ISD (suburban): math 12% / reading 22% proficiency, ranked #801 of 826 in TX (top 97%) — 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 flat; 157 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 21d 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 33% 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 $5k 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 97 days — a 9% lower offer ($159k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $25k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price; built in 1958 — expect roof / HVAC / electrical / plumbing capex.
• 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 $159,250 (9.0% below list)

Questions for the listing agent

1. It's been on market 97 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — 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 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?
7. 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?
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: 1.18% ✓
• Cap rate: 7.99%
• Cash-on-cash: 6.04%
• DSCR: 1.27
• GRM: 7.1

CMA / ARV

• ARV (median comp): $266,452
• List price: $175,000
• Delta: -34.32%
• 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
4108 Grand Lake Dr	0.24mi	3/2.0	1,940 (-2%)	5mo	$294,000	$152	81
4805 Saint Thomas Pl	0.56mi	3/2.0	1,976 (-0%)	6mo	$310,000	$157	68
4229 Ridgecrest Cir	0.10mi	3/2.0	1,711 (-14%)	6mo	$239,500	$140	67
4720 Homelands Way	0.45mi	4/2.0 (+1)	1,940 (-2%)	7mo	$299,999	$155	65
4912 Dax Dr	0.71mi	3/2.0	1,994 (+0%)	8mo	$225,250	$113	60
4836 Lemon Grove Dr	0.61mi	3/2.0	2,107 (+6%)	8mo	$300,000	$142	55
4017 Tejas Trl	0.71mi	4/2.5 (+1)	1,935 (-3%)	2mo	$339,000	$175	54
4717 Homelands Way	0.45mi	4/2.0 (+1)	1,788 (-10%)	7mo	$299,900	$168	51
3417 Lake District Ln	0.62mi	3/2.5	1,803 (-9%)	5mo	$324,999	$180	50
4701 Saint Thomas Pl	0.47mi	3/2.0	1,703 (-14%)	7mo	$289,000	$170	48
6628 Windfall Dr	0.54mi	4/3.0 (+1)	2,205 (+11%)	8mo	$399,299	$181	41
3485 Vista Highlands Ln	0.56mi	3/3.5	1,697 (-15%)	7mo	$300,000	$177	38

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 · 0.48% rent growth · sell at horizon

5-year hold

• IRR: -10.1%
• Equity multiple: 0.64×
• Total profit: $-17,596
• Equity at exit: $26,093

10-year hold

• IRR: -5.1%
• Equity multiple: 0.71×
• Total profit: $-14,398
• Equity at exit: $15,131

Cash invested: $49,000 (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: 7.1×

Monthly cashflow live

• Estimated rent: $2,059 high
• Mortgage (P&I): −$918
• Tax from tax record: −$389 /mo · $4,670/yr
• Insurance: −$73
• HOA: −$0
• Vacancy / Maint / Mgmt: −$432
• Net cashflow: $247

Break-even live

Break-even rent $1,747

Max offer price $175,000

Occupancy floor 83%

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: $43,750
• Closing costs: $5,250
• Reserves months: —
• Total cash needed: —

Rent comps 21 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
4109 Ridgecrest Cir Lake Worth, TX	3.0	2.0	1640	$1,850	$1.13	20d	1	0.08mi
6424 Canyon Trl Fort Worth, TX	3.0	2.0	1801	$2,160	$1.20	12d	1	0.20mi
6201 Azle Ave Fort Worth, TX	1.0–3.0	1.0–2.0	1039	$2,176	$2.09	1d	23	0.48mi
4804 Deal Dr Fort Worth, TX	3.0	2.0	1325	$1,995	$1.51	6d	1	0.51mi
6644 Windfall Dr Fort Worth, TX	4.0	3.5	2362	$2,600	$1.10	24d	1	0.54mi
4400 Hodgkins Rd Lake Worth, TX	4.0	1.0	1788	$2,000	$1.12	20d	1	0.54mi
4809 Maryannes Meadow Dr Fort Worth, TX	3.0	2.5	1418	$2,200	$1.55	7d	1	0.56mi
3465 Vista Highlands Ln Fort Worth, TX	3.0	2.5	1708	$2,200	$1.29	43d	1	0.60mi
6721 Lake Overlook Dr Fort Worth, TX	3.0	2.0	1602	$2,400	$1.50	43d	1	0.65mi
4920 Lemon Grove Dr Fort Worth, TX	3.0	2.0	1608	$2,075	$1.29	20d	1	0.68mi
3901 Dakota Trl Fort Worth, TX	3.0	2.0	1481	$1,990	$1.34	43d	1	0.71mi
7104 Foster Dr Fort Worth, TX	4.0	2.0	1476	$1,925	$1.30	7d	1	0.74mi
4025 Caddo Trl Fort Worth, TX	3.0	2.0	1382	$1,750	$1.27	43d	1	0.76mi
4009 Caddo Trl Fort Worth, TX	3.0	1.0	1237	$1,850	$1.50	43d	1	0.77mi
4009 Shawnee Trl Fort Worth, TX	3.0	2.0	1496	$1,801	$1.20	43d	1	0.83mi
4729 Oarlock Dr Fort Worth, TX	3.0	2.0	1384	$1,700	$1.23	12d	1	0.83mi
4876 E Williams Spring Rd Fort Worth, TX	3.0	3.0	2221	$2,650	$1.19	24d	1	0.99mi
6303 Shady Oaks Manor Dr Fort Worth, TX	3.0	1.0–2.0	931	$1,605	$1.72	2d	44	1.06mi
5712 Azle Ave Unit 5745 Fort Worth, TX	3.0	2.0	1246	$1,453	$1.17	43d	1	1.42mi
5712 Azle Ave Unit 3121 Fort Worth, TX	3.0	2.0	1246	$1,410	$1.13	2d	1	1.42mi
5604 Nacona Dr Fort Worth, TX	4.0	2.5	2267	$2,349	$1.04	15d	1	1.47mi

Listing history 25 events

1. 2026-06-18
   days on market $175,000 Active 97 DOM
2. 2026-06-17
   days on market $175,000 Active 96 DOM
3. 2026-06-16
   days on market $175,000 Active 95 DOM
4. 2026-06-15
   days on market $175,000 Active 94 DOM
5. 2026-06-13
   days on market $175,000 Active 92 DOM
6. 2026-06-13
   days on market $175,000 Active 91 DOM
7. 2026-06-09
   days on market $175,000 Active 88 DOM
8. 2026-06-08
   days on market $175,000 Active 87 DOM
9. 2026-06-07
   days on market $175,000 Active 86 DOM
10. 2026-06-04
    days on market $175,000 Active 83 DOM
11. 2026-06-03
    days on market $175,000 Active 82 DOM
12. 2026-06-02
    days on market $175,000 Active 81 DOM
13. 2026-06-01
    days on market $175,000 Active 80 DOM
14. 2026-05-31
    days on market $175,000 Active 79 DOM
15. 2026-05-20
    status Active 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

16. 2026-05-15
    historical Active Option Contract 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

17. 2026-05-01
    price $175,000 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

18. 2026-05-01
    status Active 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

19. 2026-04-28
    historical Active Option Contract 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

20. 2026-04-15
    price $180,000 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

21. 2026-04-08
    status Active 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

22. 2026-04-03
    historical Active Option Contract 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

23. 2026-03-13
    listed $200,000 Active 787-char remark

    Show marketing remark (787 chars)

    This Estate property sits on a desirable corner lot spanning over a quarter of an acre and is ready for your personal touches. This long time family home offers incredible potential in a sought after Lake Worth location. The flexible floorplan provide multiple opportunities for renovation, rental, or resale. The garage has been converted into a flex room that can function as a game room, office, or future bedroom suite. Inside, you’ll find hardwood floors in the bedrooms and hallway, with vinyl and carpet in the remaining areas of the home. The home does need work, making it an excellent opportunity for investors or buyers looking to add value. With a generous lot, and plenty of potential, this property is ready for its next chapter with cash buyers on this property.

24. 1997-04-08
    soldstatus
25. 1985-06-22
    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: $4,670 · $389/mo
• Projected year-2 tax: $4,670 · $389/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 3/10 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: $24,707
• − Mortgage interest: −$9,803
• − Property taxes: −$4,670
• − Insurance: −$875
• − Repairs & maintenance: −$1,977
• − Management: −$1,977
• − Depreciation: −$5,091
• Taxable income: $316
• Est. tax owed @ 24.0%: −$76
• After-tax cash flow: $2,886/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: Lake Worth ISD
• NCES district ID: 4826490
• Math proficiency: 12% ▼ -13.00%
• Reading proficiency: 22% ▼ -5.00%
• Median HH income: $39,451
• Composite: 14.38/100
• National rank: #9436
• State rank: #801 of 826 in TX

Livability — Lake Worth

• Score: 72/100
• State rank: #269
• US rank: #6300

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lake Worth, 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

-12.5% since first listed

11 events — show timeline

• 2026-05-20 Relisted — NTREIS
• 2026-05-15 Contingent — NTREIS
• 2026-05-01 Price Changed $175,000 NTREIS
• 2026-05-01 Relisted — NTREIS
• 2026-04-28 Contingent — NTREIS
• 2026-04-15 Price Changed $180,000 NTREIS
• 2026-04-08 Relisted — NTREIS
• 2026-04-03 Contingent — NTREIS
• 2026-03-13 Listed $200,000 NTREIS
• 1997-04-08 Sold (Public Records) — Public Records
• 1985-06-22 Sold (Public Records) — Public Records

Property tax history

+4.9%/yr

Latest (2025): $4,670 · +8.1% YoY. Source: county tax records.