713 Ver-lo Dr · Lorena, TX 76655

$319,900

4 bd · 2.0 ba · 1,743 sqft · SingleFamily public records · 11 Days on market

Built 2006 10,542 sqft lot Est $302k · 6% over

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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).

• Cash flow +11.4/30.0
• Schools +5.4/10.0
• ARV discount +4.8/15.0
• 1% rule +3.7/10.0
• Livability +3.6/5.0
• DSCR +3.3/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Looking for the perfect place to call home? This beautiful property in Lorena checks all the boxes. 4 bedrooms , 2 bathrooms. 1743 Square feet. Enjoy comfortable living with plenty of space for family, guests, or a home office. Nestled in a great location with that small-town feel, yet convenient to everything you need. Do not miss your chance to make this house your home.

Key facts

• 0.24 acre lot
• 2 garage spots
• Built 2006

Property features AI

Finance

• Other: Subdivision: South Meadow Estates, Pt Fou; County: McLennan; Directions: 713 Ver-Lo Dr, Lorena, TX 76655
• Financial info: No second mortgage; Loan type: Treat As Clear
• HOA & community: No homeowners association

Exterior

• Parking: Attached garage; 2 covered garage spaces
• Security: Security details not provided
• Utilities: City water; City sewer; Curbs; Not in a municipal utility district
• Home design: Single-family residence; One story; Residential property
• Construction: Brick construction; Built in 2006
• Exterior features: Wood fencing; Less than 0.5 acre lot (approx. 0.242 acres)

Interior

• Kitchen: Dishwasher; Disposal; Electric cooktop; Microwave; Refrigerator
• Bedrooms: 4 bedrooms; Primary bedroom on level 1 (approx. 15 x 12)
• Flooring: Flooring details not provided
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central air
• Interior features: Walk-in closets; One living area; One dining area; 1,743 living area
• Laundry & utility: Laundry/utility details not provided

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $320k.

Deal economics

• At list price, monthly cash flow is $-110 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $301k (6.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $280k (12.5% below list).
• Recommended offer: $280k (12.5% below list) — sets the bar for 1% rule.
• Cap rate 5.9% vs local median 2.9% in Lorena — 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 71/100 on livability (#325 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Lorena ISD (rural): math 57% / reading 63% proficiency, ranked #46 of 826 in TX (top 6%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 16% free/reduced lunch — higher-income household profile.
• Zoned schools: Lorena El (math 60% / reading 60%, grade B-, #398 of 4,322 statewide, top 9%, 415 students, 31% FRL) — zoned schools average 31% FRL vs 16% district-wide (15 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 265 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 1,014 units permitted in McLennan County in 2024 (200 in 5+ unit buildings).
• This rent runs 34% of the median local income ($100k/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 $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• McLennan County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 11 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $279,871 (12.5% 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. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. 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?
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: 0.87% ✗
• Cap rate: 5.88%
• Cash-on-cash: -1.47%
• DSCR: 0.93
• GRM: 9.5

CMA / ARV

• ARV (on-the-fly): $301,539
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
814 Springdale Cir	0.13mi	4/2.0	1,817 (+4%)	0mo	$360,000	$198	87
103 York Dr	0.25mi	3/2.0 (-1)	1,543 (-12%)	1mo	$279,500	$181	63
128 Thompson Cir	0.31mi	3/3.0 (-1)	1,819 (+4%)	9mo	$315,000	$173	62
805 Evelyn Dr	0.52mi	3/2.0 (-1)	1,887 (+8%)	1mo	$349,900	$185	56
207 Lee Ln	0.55mi	4/2.0	1,726 (-1%)	21mo	$174,900	$101	55
111 Thompson Cir	0.29mi	3/2.0 (-1)	1,930 (+11%)	11mo	$265,000	$137	54
607 Old Rosenthal Rd	0.59mi	3/2.0 (-1)	1,676 (-4%)	10mo	$165,000	$98	53
401 Lee Ln	0.67mi	3/2.0 (-1)	1,748 (+0%)	12mo	$315,000	$180	53
202 Thompson Cir	0.24mi	3/2.0 (-1)	1,985 (+14%)	14mo	$310,000	$156	49
800 Evelyn Dr	0.48mi	4/2.0	2,004 (+15%)	9mo	$329,900	$165	45
111 York Dr	0.23mi	3/2.0 (-1)	1,497 (-14%)	23mo	$300,000	$200	42
101 N Oak St	0.54mi	3/2.0 (-1)	1,604 (-8%)	22mo	$179,900	$112	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -18.7%
• Equity multiple: 0.34×
• Total profit: $-58,702
• Equity at exit: $47,698

10-year hold

• IRR: -11.0%
• Equity multiple: 0.33×
• Total profit: $-59,652
• Equity at exit: $27,659

Cash invested: $89,572 (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 76655

• Home prices YoY: -31.3%
• Active inventory: 265
• Price-to-rent: 9.5×

Monthly cashflow live

• Estimated rent: $2,799 medium
• Mortgage (P&I): −$1,678
• Tax from tax record: −$510 /mo · $6,115/yr
• Insurance: −$133
• HOA: −$0
• Vacancy / Maint / Mgmt: −$588
• Net cashflow: $-110

Break-even live

Break-even rent $2,937

Max offer price $300,556

Occupancy floor 99%

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: $79,975
• Closing costs: $9,597
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
207 Joel Hooper Dr Lorena, TX	3.0	2.0	1256	$1,950	$1.55	13d	1	0.70mi
689 Birdie Ln Lorena, TX	3.0	2.0	1710	$2,250	$1.32	13d	1	0.93mi

Listing history 3 events

1. 2026-05-01
   status Pending
2. 2026-04-19
   listed $319,900 Active
3. 2005-09-22
   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: $6,115 · $510/mo
• Projected year-2 tax: $6,115 · $510/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 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 25 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% 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: $33,585
• − Mortgage interest: −$17,919
• − Property taxes: −$6,115
• − Insurance: −$1,600
• − Repairs & maintenance: −$2,687
• − Management: −$2,687
• − Depreciation: −$9,306
• Taxable loss: −$6,729
• Est. tax savings @ 24.0%: +$1,615
• After-tax cash flow: $301/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: Lorena ISD
• NCES district ID: 4828200
• Math proficiency: 57% ▼ -3.00%
• Reading proficiency: 63% ▲ 2.00%
• Median HH income: $79,086
• Composite: 53.84/100
• National rank: #1412
• State rank: #46 of 826 in TX

Livability — Lorena

• Score: 71/100
• State rank: #325
• US rank: #7155

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lorena, TX
• County: McLennan County · 213,088 people
• City population: 10,603
• Metro: Waco, TX
• Population (ZIP): 10,603
• Household income: $99,917
• Rent vs Own: 14.9% rent · 85.1% own
• Severe rent burden: 62.0

Population outlook (McLennan County) Hauer SSP2

• Today (2025): 264,191 people
• By 2030: 273,578 · +3.6%
• By 2040: 291,506 · +10.3%
• By 2050: 308,044 · +16.6%
• By 2075: 349,648 · +32.3%
• By 2100: 364,779 · +38.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 17% Two or more races 12% Black 3%
• Hispanic origin (detail): Mexican 14%
• Common ancestry: Lithuanian 3% Slovak 3% Serbian 2%
• Foreign-born: 2% · Canada
• Languages at home: 93% English-only · Spanish 5% Arabic 2%

Political lean MEDSL · McLennan

• 2024 margin: Solid R (+30.9) · D 34.0% · R 64.9% · Other 1.0%
• 2008→2024 swing: -7.0pp toward R · 2008: -23.9pp · 2024: -30.9pp
• All cycles: 2024: R+30.9 2020: R+23.4 2016: R+27.1 2012: R+29.8 2008: R+23.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -105.10%
• Current HPI: 230.4333
• Rent YoY: —
• Metro: Waco, 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

3 events — show timeline

• 2026-05-01 Pending — NTREIS
• 2026-04-19 Listed $319,900 NTREIS
• 2005-09-22 Sold (Public Records) — Public Records

Property tax history

+2.1%/yr

Latest (2025): $6,115 · +4.8% YoY. Source: county tax records.