TBD Cr 105a · Riesel, TX 76682

$79,900

3 bd · 1.0 ba · 1,386 sqft · SingleFamily · 9 Days on market

Built 1950 1.00 ac lot $58/sqft · 76% below area

---

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 +6.9/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.7/10.0

Listing remarks MLS

Little farm houses like this are becoming harder and harder to find! Located in Perry, Tx between Riesel and Marlin you will find this little farm of 22.15 acres hidden like a diamond in the rough that has a lot of potential for someone that has a vision. This old-style shotgun farm house nestled under big shady oak trees consists of 3 bedrooms, 1 bath, living room and dinning room along with a separate utility room that can also double as extra storage or pantry. The big front porch offers a great place for a porch swing to sit and enjoy the country life. You will find the shiplap walls of the interior persevered well which can be painted to bring out the essence of the farm style that is so deeply rooted here. Newer metal roof was installed a few years ago and adds extra protection from the elements. The structure of the house is solid and it has good bones it just needs a little fixing up. Septic in place as well as electric and water. The metal carport next to the house is constructed with top grade steel on a concrete slab and offers over 400sq ft of space which can be used to park 4 vehicles, RV or close it in to make a shop. The pasture is coastal and native grass with scattered oak trees and various other trees. Stock tank is believed to be spring fed as it has never went dry. Located at the end of a county road that has very few houses nearby. AG Exempt and No Restrictions. Located approximately 18 miles to Waco, 45 miles to Temple and 64 miles to Bryan College Station.

Key facts

• End of a county road
• Spacious front porch
• Large metal carport

Tags

• LARGE SHADY OAK TREES
• SPACIOUS FRONT PORCH
• ORIGINAL SHIPLAP WALLS
• NEWER METAL ROOF
• LARGE METAL CARPORT
• END OF A COUNTY ROAD

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $80k.

Deal economics

• At list price, monthly cash flow is $529 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $80k).

Location & tenants

• Location reads 71/100 on livability (#324 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: schools D+, amenities F, commute F.
• Marlin ISD (town): math 21% / reading 22% proficiency, ranked #779 of 826 in TX (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 84% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 52 active listings in the ZIP; 4 units permitted in Falls County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $4k of equity ($552 loan paydown + $3k appreciation (3.8% local appreciation)).
• Falls County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.8% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 9, paydown + projected appreciation supports a ~$31k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 9 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• 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 $79,900

Questions for the listing agent

1. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.71% ✓
• Cap rate: 14.24%
• Cash-on-cash: 28.38%
• DSCR: 2.26
• GRM: 4.9

CMA / ARV

• ARV (median comp): $329,999
• List price: $79,900
• Delta: 13.64%
• Verdict: OVERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

3.84% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 35.8%
• Equity multiple: 3.10×
• Total profit: $46,946
• Equity at exit: $39,765

10-year hold

• IRR: 35.1%
• Equity multiple: 6.17×
• Total profit: $115,641
• Equity at exit: $64,450

Cash invested: $22,372 (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 76682

• Home prices YoY: 1.9%
• Active inventory: 52
• Price-to-rent: 4.9×

Monthly cashflow live

• Estimated rent: $1,369 medium
• Mortgage (P&I): −$419
• Tax est. 1.5%: −$100 /mo · $1,198/yr
• Insurance: −$33
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $529

Break-even live

Break-even rent $699

Max offer price $79,900

Occupancy floor 56%

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: $19,975
• Closing costs: $2,397
• Reserves months: —
• Total cash needed: —

Listing history 16 events

1. 2026-06-18
   days on market $79,900 Active 9 DOM
2. 2026-06-17
   days on market $79,900 Active 8 DOM
3. 2026-06-16
   days on market $79,900 Active 7 DOM
4. 2026-06-15
   days on market $79,900 Active 6 DOM
5. 2026-06-14
   days on market $79,900 Active 4 DOM
6. 2026-06-13
   days on market $79,900 Active 3 DOM
7. 2026-06-10
   pricedays on marketlisting id $79,900 Active 1 DOM
8. 2026-06-09
   days on market $375,000 Active 309 DOM
9. 2026-06-08
   days on market $375,000 Active 308 DOM
10. 2026-06-07
    pricedays on market $375,000 Active 307 DOM
11. 2026-06-03
    days on market $475,000 Active 303 DOM
12. 2026-06-02
    days on market $475,000 Active 302 DOM
13. 2026-06-01
    days on market $475,000 Active 301 DOM
14. 2026-05-31
    days on market $475,000 Active 300 DOM
15. 2026-05-30
    days on market $475,000 Active 299 DOM
16. 2025-08-04
    listed $475,000 Active 1510-char remark

    Show marketing remark (1510 chars)

    Little farm houses like this are becoming harder and harder to find! Located in Perry, Tx between Riesel and Marlin you will find this little farm of 22.15 acres hidden like a diamond in the rough that has a lot of potential for someone that has a vision. This old-style shotgun farm house nestled under big shady oak trees consists of 3 bedrooms, 1 bath, living room and dinning room along with a separate utility room that can also double as extra storage or pantry. The big front porch offers a great place for a porch swing to sit and enjoy the country life. You will find the shiplap walls of the interior persevered well which can be painted to bring out the essence of the farm style that is so deeply rooted here. Newer metal roof was installed a few years ago and adds extra protection from the elements. The structure of the house is solid and it has good bones it just needs a little fixing up. Septic in place as well as electric and water. The metal carport next to the house is constructed with top grade steel on a concrete slab and offers over 400sq ft of space which can be used to park 4 vehicles, RV or close it in to make a shop. The pasture is coastal and native grass with scattered oak trees and various other trees. Stock tank is believed to be spring fed as it has never went dry. Located at the end of a county road that has very few houses nearby. AG Exempt and No Restrictions. Located approximately 18 miles to Waco, 45 miles to Temple and 64 miles to Bryan College Station.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 7/10 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: $16,423
• − Mortgage interest: −$4,476
• − Property taxes: −$1,198
• − Insurance: −$400
• − Repairs & maintenance: −$1,314
• − Management: −$1,314
• − Depreciation: −$2,324
• Taxable income: $5,397
• Est. tax owed @ 24.0%: −$1,295
• After-tax cash flow: $5,053/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: Marlin ISD
• NCES district ID: 4829130
• Math proficiency: 21% ▲ 2.00%
• Reading proficiency: 22% ▲ 6.00%
• Median HH income: $29,255
• Composite: 17.18/100
• National rank: #9106
• State rank: #779 of 826 in TX

Livability — Riesel

• Score: 71/100
• State rank: #324
• US rank: #7151

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,559

Population outlook (Falls County) Hauer SSP2

• Today (2025): 15,782 people
• By 2030: 15,209 · -3.6%
• By 2040: 14,276 · -9.5%
• By 2050: 13,645 · -13.5%
• By 2075: 13,724 · -13.0%
• By 2100: 13,005 · -17.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (77%)
• Race & ethnicity: White 77% Hispanic / Latino 17% Two or more races 10% Black 1% Native American 1%
• Hispanic origin (detail): Mexican 16%
• Common ancestry: Lithuanian 3% Slovak 2% Iranian 1%
• Foreign-born: 3% · Canada
• Languages at home: 85% English-only · Spanish 14%

Political lean MEDSL · Falls

• 2024 margin: Solid R (+44.7) · D 27.3% · R 72.0%
• 2008→2024 swing: -25.0pp toward R · 2008: -19.7pp · 2024: -44.7pp
• All cycles: 2024: R+44.7 2020: R+37.1 2016: R+33.6 2012: R+24.4 2008: R+19.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.84%
• Current HPI: 206.1258
• 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

1 event — show timeline

• 2025-08-04 Listed $475,000 NTREIS