155 Travis Ln · Double Horn, TX 78669

$219,990

2 bd · 1.0 ba · 1,440 sqft · SingleFamily public records · 280 Days on market

Built 1978 8,250 sqft lot $153/sqft · 35% below area Est $340k · 35% under $50/mo HOA · 2% of rent

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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 +24.1/30.0
• ARV discount +15.0/15.0
• DSCR +7.8/10.0
• 1% rule +6.8/10.0
• Rent growth +3.3/5.0
• Schools +3.0/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 155 Travis Ln, a charming home that combines updated interiors with access to all the perks of lake living! Step inside to find a bright, open living area with wood-look flooring, a cozy brick fireplace, and French doors that bring in natural light and open to the spacious backyard. The kitchen offers a large center island with butcher block top, modern lighting, ample cabinet storage, and an easy flow into the dining and living spaces — perfect for entertaining. With multiple flex rooms, this home provides versatile options for a home office, game room, or guest space. The bedrooms are generously sized, and the updated bathrooms feature stylish touches like shiplap accents and modern fixtures. Outside, the large fenced yard and storage shed is ideal for pets, play, or gatherings - with plenty of space to relax or garden. Living here means more than just enjoying your home — you’ll also have access to a community park, covered picnic areas, playground, golf course, and boat ramp, making every day feel like a getaway. Whether you’re spending time on the water, playing a round of golf, or simply enjoying the peaceful Hill Country views, this property offers a lifestyle you’ll love!

Key facts

• Large center island
• Multiple flex rooms
• Cozy brick fireplace

Tags

• UPDATED INTERIORS
• COZY BRICK FIREPLACE
• LARGE CENTER ISLAND
• AMPLE CABINET STORAGE
• MULTIPLE FLEX ROOMS
• LARGE FENCED YARD

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $436 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $220k).
• Recommended offer: $194k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.7% vs local median 1.6% in Double Horn — 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: area grade B — affects rentability + tenant quality, not the cash-flow math above.
• Marble Falls ISD (town): math 32% / reading 38% proficiency, ranked #511 of 826 in TX (top 62%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising (+3.4%/yr); 649 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 891 units permitted in Burnet County in 2024 (76 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Burnet County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 280 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
• 13 sale attempts since 24y ago; this cycle's ask has dropped $30k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $69k; list at $220k implies a 219% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 61% 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 $193,591 (12.0% below list)

Questions for the listing agent

1. It's been on market 280 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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.
7. 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.
8. 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: 8.67%
• Cash-on-cash: 8.50%
• DSCR: 1.38
• GRM: 7.1

CMA / ARV

• ARV (median comp): $340,276
• List price: $219,990
• Delta: -35.35%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
306 Songwood Dr	0.18mi	3/2.0 (+1)	1,447 (+0%)	6mo	$384,995	$266	76
405 Lake View Dr	0.61mi	2/2.0	1,461 (+2%)	3mo	$579,900	$397	62
401 Lake View Dr	0.61mi	3/1.0 (+1)	1,300 (-10%)	8mo	$539,900	$415	44
405 Broken Arrow Dr	0.52mi	2/2.0	1,566 (+9%)	23mo	$399,900	$255	38
409 Lake View Dr	0.64mi	3/2.0 (+1)	1,607 (+12%)	5mo	$634,900	$395	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 · 3.36% rent growth · sell at horizon

5-year hold

• IRR: -2.9%
• Equity multiple: 0.89×
• Total profit: $-6,818
• Equity at exit: $32,801

10-year hold

• IRR: 7.2%
• Equity multiple: 1.55×
• Total profit: $34,116
• Equity at exit: $19,021

Cash invested: $61,597 (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 78669

• Home prices YoY: -16.6%
• Rents YoY: 3.4%
• Active inventory: 649
• Price-to-rent: 7.1×

Monthly cashflow live

• Estimated rent: $2,585 medium
• Mortgage (P&I): −$1,154
• Tax from tax record: −$311 /mo · $3,727/yr
• Insurance: −$92
• HOA: −$50
• Vacancy / Maint / Mgmt: −$543
• Net cashflow: $436

Break-even live

Break-even rent $2,033

Max offer price $219,990

Occupancy floor 78%

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: $54,998
• Closing costs: $6,600
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
408 Breezing Ln Spicewood, TX	3.0	2.0	1232	$2,200	$1.79	16d	1	0.33mi
500 Wanta Hideaway Spicewood, TX	3.0	2.0	1585	$2,250	$1.42	44d	1	0.35mi

HOA detail

• Monthly dues: $50 · $600/yr
• Likely covers: water

Listing history 46 events

1. 2026-06-18
   days on market $219,990 Active 280 DOM
2. 2026-06-17
   days on market $219,990 Active 279 DOM
3. 2026-06-16
   days on market $219,990 Active 278 DOM
4. 2026-06-15
   days on market $219,990 Active 277 DOM
5. 2026-06-13
   days on market $219,990 Active 275 DOM
6. 2026-06-13
   days on market $219,990 Active 274 DOM
7. 2026-06-09
   days on market $219,990 Active 271 DOM
8. 2026-06-08
   days on market $219,990 Active 270 DOM
9. 2026-06-07
   days on market $219,990 Active 269 DOM
10. 2026-06-05
    days on market $219,990 Active 266 DOM
11. 2026-06-03
    days on market $219,990 Active 265 DOM
12. 2026-06-01
    days on market $219,990 Active 263 DOM
13. 2026-05-31
    days on market $219,990 Active 262 DOM
14. 2026-04-28
    price $224,990 1239-char remark

    Show marketing remark (1239 chars)

    Welcome to 155 Travis Ln, a charming home that combines updated interiors with access to all the perks of lake living! Step inside to find a bright, open living area with wood-look flooring, a cozy brick fireplace, and French doors that bring in natural light and open to the spacious backyard. The kitchen offers a large center island with butcher block top, modern lighting, ample cabinet storage, and an easy flow into the dining and living spaces — perfect for entertaining. With multiple flex rooms, this home provides versatile options for a home office, game room, or guest space. The bedrooms are generously sized, and the updated bathrooms feature stylish touches like shiplap accents and modern fixtures. Outside, the large fenced yard and storage shed is ideal for pets, play, or gatherings - with plenty of space to relax or garden. Living here means more than just enjoying your home — you’ll also have access to a community park, covered picnic areas, playground, golf course, and boat ramp, making every day feel like a getaway. Whether you’re spending time on the water, playing a round of golf, or simply enjoying the peaceful Hill Country views, this property offers a lifestyle you’ll love!

15. 2025-10-24
    price $225,000 1239-char remark

    Show marketing remark (1239 chars)

    Welcome to 155 Travis Ln, a charming home that combines updated interiors with access to all the perks of lake living! Step inside to find a bright, open living area with wood-look flooring, a cozy brick fireplace, and French doors that bring in natural light and open to the spacious backyard. The kitchen offers a large center island with butcher block top, modern lighting, ample cabinet storage, and an easy flow into the dining and living spaces — perfect for entertaining. With multiple flex rooms, this home provides versatile options for a home office, game room, or guest space. The bedrooms are generously sized, and the updated bathrooms feature stylish touches like shiplap accents and modern fixtures. Outside, the large fenced yard and storage shed is ideal for pets, play, or gatherings - with plenty of space to relax or garden. Living here means more than just enjoying your home — you’ll also have access to a community park, covered picnic areas, playground, golf course, and boat ramp, making every day feel like a getaway. Whether you’re spending time on the water, playing a round of golf, or simply enjoying the peaceful Hill Country views, this property offers a lifestyle you’ll love!

16. 2025-09-11
    listed $249,990 Active 1239-char remark

    Show marketing remark (1239 chars)

    Welcome to 155 Travis Ln, a charming home that combines updated interiors with access to all the perks of lake living! Step inside to find a bright, open living area with wood-look flooring, a cozy brick fireplace, and French doors that bring in natural light and open to the spacious backyard. The kitchen offers a large center island with butcher block top, modern lighting, ample cabinet storage, and an easy flow into the dining and living spaces — perfect for entertaining. With multiple flex rooms, this home provides versatile options for a home office, game room, or guest space. The bedrooms are generously sized, and the updated bathrooms feature stylish touches like shiplap accents and modern fixtures. Outside, the large fenced yard and storage shed is ideal for pets, play, or gatherings - with plenty of space to relax or garden. Living here means more than just enjoying your home — you’ll also have access to a community park, covered picnic areas, playground, golf course, and boat ramp, making every day feel like a getaway. Whether you’re spending time on the water, playing a round of golf, or simply enjoying the peaceful Hill Country views, this property offers a lifestyle you’ll love!

17. 2025-07-24
    price
18. 2025-05-30
    price
19. 2025-03-24
    listed Active
20. 2024-11-25
    historical
21. 2024-08-23
    listed $300,000
22. 2024-08-23
    listed Active
23. 2023-03-23
    soldstatus
24. 2023-03-23
    soldstatus
25. 2021-09-28
    soldstatus
26. 2021-09-28
    soldstatus Closed
27. 2021-09-28
    soldstatus
28. 2021-09-17
    status Pending
29. 2021-09-14
    historical Active Under Contract
30. 2021-09-01
    listed $224,900
31. 2021-09-01
    listed $224,900
32. 2021-09-01
    listed $224,900 Active
33. 2021-04-29
    soldstatus
34. 2021-02-05
    listed $196,000
35. 2011-10-26
    soldstatus
36. 2011-10-21
    soldstatus
37. 2011-05-10
    listed $29,900
38. 2011-04-01
    historical
39. 2010-12-16
    listed
40. 2005-10-14
    soldstatus
41. 2005-10-12
    soldstatus $69,000
42. 2003-10-25
    listed $69,500
43. 2003-10-04
    historical
44. 2003-04-30
    listed
45. 2003-03-28
    historical
46. 2002-08-09
    listed

ⓘ 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: $3,727 · $311/mo
• Projected year-2 tax: $4,026 · $335/mo
• Expected delta: +$299/yr (+$25/mo · 8.0%)

ⓘ 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 ≥107°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 61% 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: $31,023
• − Mortgage interest: −$12,323
• − Property taxes: −$3,727
• − Insurance: −$1,100
• − Repairs & maintenance: −$2,482
• − Management: −$2,482
• − HOA: −$600
• − Depreciation: −$6,400
• Taxable income: $1,910
• Est. tax owed @ 24.0%: −$458
• After-tax cash flow: $4,779/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: Marble Falls ISD
• NCES district ID: 4829010
• Math proficiency: 32% ▼ -8.00%
• Reading proficiency: 38% ▼ -4.00%
• Median HH income: $49,663
• Composite: 30.3/100
• National rank: #6278
• State rank: #511 of 826 in TX

Livability — Double Horn

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

Census & demographics

• County: Travis County · 1,299,254 people
• Metro: Austin-Round Rock-Georgetown, TX
• Population (ZIP): 12,592
• Household income: $128,000
• Rent vs Own: 7.9% rent · 92.1% own
• Severe rent burden: 45.0

Population outlook (Burnet County) Hauer SSP2

• Today (2025): 50,492 people
• By 2030: 52,995 · +5.0%
• By 2040: 57,528 · +13.9%
• By 2050: 61,444 · +21.7%
• By 2075: 71,098 · +40.8%
• By 2100: 74,634 · +47.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 13% Two or more races 8% Black 1% Asian 1%
• Hispanic origin (detail): Mexican 9%
• Common ancestry: Italian 5% Slovak 3% Lithuanian 3%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Spanish 5% Other Asian/Pacific 1%

Political lean MEDSL · Burnet

• 2024 margin: Solid R (+55.7) · D 21.7% · R 77.4%
• 2008→2024 swing: -11.6pp toward R · 2008: -44.1pp · 2024: -55.7pp
• All cycles: 2024: R+55.7 2020: R+53.1 2016: R+56.8 2012: R+54.6 2008: R+44.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -50.06%
• Current HPI: 251.3551
• Rent YoY: ▲ 3.36%
• Metro: Austin-Round Rock-Georgetown, 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

+223.7% since first listed

33 events — show timeline

• 2026-04-28 Price Changed $224,990 Unlock MLS
• 2025-10-24 Price Changed $225,000 Unlock MLS
• 2025-09-11 Listed $249,990 Unlock MLS
• 2025-07-24 Price Changed — Unlock MLS
• 2025-05-30 Price Changed — Unlock MLS
• 2025-03-24 Listed — Unlock MLS
• 2024-11-25 Listing Removed — LERA
• 2024-08-23 Listed $300,000 LERA
• 2024-08-23 Listed — Unlock MLS
• 2023-03-23 Sold (MLS) — HLMLS as distributed by MLS GRID
• 2023-03-23 Sold (MLS) — HLMLS as distributed by MLS GRID
• 2021-09-28 Sold (MLS) — LERA
• 2021-09-28 Sold (Public Records) — Public Records
• 2021-09-28 Sold (MLS) — Unlock MLS
• 2021-09-17 Pending — Unlock MLS
• 2021-09-14 Contingent — Unlock MLS
• 2021-09-01 Listed $224,900 LERA
• 2021-09-01 Listed $224,900 Unlock MLS
• 2021-09-01 Listed $224,900 HLMLS as distributed by MLS GRID
• 2021-04-29 Sold (Public Records) — Public Records
• 2021-02-05 Listed $196,000 HLMLS as distributed by MLS GRID
• 2011-10-26 Sold (Public Records) — Public Records
• 2011-10-21 Sold (MLS) — Unlock MLS
• 2011-05-10 Listed $29,900 Unlock MLS
• 2011-04-01 Delisted — Unlock MLS
• 2010-12-16 Listed — Unlock MLS
• 2005-10-14 Sold (MLS) — Unlock MLS
• 2005-10-12 Sold (Public Records) $69,000 Public Records
• 2003-10-25 Listed $69,500 Unlock MLS
• 2003-10-04 Delisted — Unlock MLS
• 2003-04-30 Listed — Unlock MLS
• 2003-03-28 Delisted — Unlock MLS
• 2002-08-09 Listed — Unlock MLS

Property tax history

+8.7%/yr

Latest (2026): $3,727 · -4.6% YoY. Source: county tax records.