607 W 150 St S · Glenpool, OK 74033

$129,000

3 bd · 1.5 ba · 1,020 sqft · SingleFamily public records · 5 Days on market

Built 1981 7,218 sqft lot Est $178k · 28% under

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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 +25.2/30.0
• ARV discount +15.0/15.0
• DSCR +8.3/10.0
• 1% rule +6.5/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cute Remodel 3/1/1 with new roof, windows, paint inside and out, new carpet, lighting and gutters, newer heat and air, new stove and dishwasher, Refrigerator, washer and dryer included.

Key facts

• Tenant occupied
• Updated windows
• Glenpool location

Tags

• GLENPOOL LOCATION
• QUICK ACCESS TO HIGHWAY 75
• UPDATED WINDOWS
• FUNCTIONAL FLOOR PLAN
• TENANT OCCUPIED
• RENTAL INCOME

Property features AI

Finance

• HOA & community: Gutters listed as a community feature

Exterior

• Parking: Attached garage (1 car)
• Security: Smoke detector(s); No safety shelter
• Utilities: Public water; Public sewer; Electricity available; Natural gas available; Cable available; Phone available
• Home design: Single-story home; Faces south; Crawlspace foundation
• Construction: Built using brick, wood siding, and wood frame construction; Asphalt/fiberglass roof
• Exterior features: Concrete driveway; Rain gutters; Covered patio/porch; Deck; Porch; Privacy fencing; Mature trees on the lot

Interior

• Kitchen: Dishwasher; Disposal; Oven; Range; Refrigerator
• Bedrooms: Bedroom on the first floor
• Flooring: Carpet; Laminate; Tile
• Bathrooms: 1 full bathroom
• Heating & cooling: Central heating (gas); Central air conditioning
• Interior features: Granite counters; Ceiling fan(s); Gas range and oven connections; Vinyl window frames
• Laundry & utility: Washer hookup; Electric dryer hookup; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $129k.

Deal economics

• At list price, monthly cash flow is $290 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $129k).
• Cap rate 9.0% vs local median 3.8% in Glenpool — 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 70/100 on livability (#39 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: schools D+, amenities F, commute F.
• Glenpool (suburban): math 25% / reading 27% proficiency, ranked #78 of 270 in OK (top 29%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 162 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 2,818 units permitted in Tulsa County in 2024 (518 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $892 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Tulsa County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 7 sale attempts since 30y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→18/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $129,000

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. 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?
3. 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.
4. 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.
5. 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: 1.15% ✓
• Cap rate: 8.99%
• Cash-on-cash: 9.65%
• DSCR: 1.43
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $178,500
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
506 W 149th St S	0.10mi	3/1.5	1,079 (+6%)	9mo	$180,000	$167	78
500 W 148th Pl S	0.14mi	3/1.5	1,084 (+6%)	8mo	$192,500	$178	77
15044 S Xenophon Ave	0.04mi	3/1.5	1,099 (+8%)	12mo	$179,900	$164	76
554 W 148th Pl S	0.13mi	3/2.0	1,083 (+6%)	12mo	$196,000	$181	71
109 E 149th St	0.59mi	3/1.0	1,029 (+1%)	2mo	$180,000	$175	67
463 W 147th St	0.32mi	3/1.5	1,159 (+14%)	2mo	$180,000	$155	61
14616 S Yukon St W	0.40mi	3/2.0	1,069 (+5%)	13mo	$195,000	$182	60
591 W 149th St S	0.11mi	3/2.0	1,172 (+15%)	16mo	$140,000	$119	55
458 W 147th Pl S	0.25mi	3/1.5	1,172 (+15%)	15mo	$189,000	$161	51
280 E 147th St	0.69mi	3/2.0	1,096 (+8%)	4mo	$150,000	$137	50
14772 S Fern Pl	0.74mi	3/2.0	1,152 (+13%)	5mo	$210,000	$182	38
14768 S Fern Pl E	0.75mi	3/2.0	1,152 (+13%)	11mo	$229,000	$199	32

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: -1.8%
• Equity multiple: 0.93×
• Total profit: $-2,398
• Equity at exit: $19,234

10-year hold

• IRR: 7.9%
• Equity multiple: 1.60×
• Total profit: $21,778
• Equity at exit: $11,154

Cash invested: $36,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 74033

• Home prices YoY: -18.8%
• Active inventory: 162
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,477 medium
• Mortgage (P&I): −$676
• Tax from tax record: −$146 /mo · $1,756/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$310
• Net cashflow: $290

Break-even live

Break-even rent $1,110

Max offer price $129,000

Occupancy floor 75%

Sensitivity live

Price	-10% $363	-5% $327	+0% $290	+5% $254	+10% $217
Rent	-10% $174	-5% $232	+0% $290	+5% $349	+10% $407
Rate	-1.0pp $355	-0.5pp $323	base $290	+0.5pp $257	+1.0pp $223

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: $32,250
• Closing costs: $3,870
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
14900 S Birch St Glenpool, OK	1.0–2.0	1.0	842	$875	$1.04	2d	1	0.47mi
13743 S Fern St Glenpool, OK	3.0	1.5	1139	$1,450	$1.27	11d	1	1.44mi

Listing history 7 events

1. 2026-06-18
   days on market $129,000 Active 5 DOM
2. 2026-06-17
   days on market $129,000 Active 4 DOM
3. 2026-06-16
   days on market $129,000 Active 3 DOM
4. 2026-06-15
   status $129,000 Active 2 DOM
5. 2026-06-07
   statusdays on market $129,000 Pending 2 DOM
6. 2026-06-05
   remarks 699-char remark
7. 2026-06-05
   listed $129,000 Active 1 DOM

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

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $1,756 · $146/mo
• Projected year-2 tax: $1,756 · $146/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 7/10 Severe
• 🌡 Heat 6/10 Major 7 d/yr ≥110°F today · 18 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% 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: $17,725
• − Mortgage interest: −$7,226
• − Property taxes: −$1,756
• − Insurance: −$645
• − Repairs & maintenance: −$1,418
• − Management: −$1,418
• − Depreciation: −$3,753
• Taxable income: $1,510
• Est. tax owed @ 24.0%: −$362
• After-tax cash flow: $3,122/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: Glenpool
• NCES district ID: 4012720
• Math proficiency: 25% ▼ -10.00%
• Reading proficiency: 27% ▼ -6.00%
• Median HH income: $60,823
• Composite: 23.92/100
• National rank: #7789
• State rank: #78 of 270 in OK

Livability — Glenpool

• Score: 70/100
• State rank: #39
• US rank: #7699

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

• Census place: Glenpool, OK
• County: Tulsa County · 640,811 people
• City population: 13,745
• Metro: Tulsa, OK
• Population (ZIP): 13,745
• Household income: $80,542
• Rent vs Own: 30.1% rent · 69.9% own
• Severe rent burden: 288.0

Population outlook (Tulsa County) Hauer SSP2

• Today (2025): 723,846 people
• By 2030: 766,033 · +5.8%
• By 2040: 851,386 · +17.6%
• By 2050: 938,389 · +29.6%
• By 2075: 1,166,011 · +61.1%
• By 2100: 1,350,277 · +86.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 61% Two or more races 17% Hispanic / Latino 11% Native American 7% Asian 4% Black 4%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 7% · Canada, Philippines, South Korea
• Languages at home: 89% English-only · Spanish 6% Other Asian/Pacific 2% Tagalog/Filipino 1%

Political lean MEDSL · Tulsa

• 2024 margin: R (+15.2) · D 41.3% · R 56.5% · Other 2.2%
• 2008→2024 swing: +9.2pp toward D · 2008: -24.5pp · 2024: -15.2pp
• All cycles: 2024: R+15.2 2020: R+15.6 2016: R+22.9 2012: R+27.4 2008: R+24.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -51.90%
• Current HPI: 223.9379
• Rent YoY: —
• Metro: Tulsa, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

+186.7% since first listed

20 events — show timeline

• 2026-06-04 Listed $129,000 MLS Technology, Inc.
• 2020-04-03 Sold (Public Records) $115,000 Public Records
• 2020-03-26 Sold (MLS) $115,000 MLS Technology, Inc.
• 2020-03-26 Sold (MLS) $115,000 MLSOK
• 2020-02-25 Pending — MLSOK
• 2020-02-25 Pending — MLS Technology, Inc.
• 2020-02-21 Listed $120,000 MLS Technology, Inc.
• 2020-02-21 Listed $120,000 MLSOK
• 2005-02-07 Listing Removed — MLS Technology, Inc.
• 2004-08-14 Listed $74,500 MLS Technology, Inc.
• 2002-01-18 Sold (Public Records) $68,000 Public Records
• 2002-01-03 Sold (MLS) $68,000 MLS Technology, Inc.
• 2001-12-03 Listing Removed — MLS Technology, Inc.
• 2001-10-16 Listed $69,900 MLS Technology, Inc.
• 1998-06-02 Sold (Public Records) $55,000 Public Records
• 1998-05-26 Sold (MLS) $55,000 MLS Technology, Inc.
• 1998-03-02 Listing Removed — MLS Technology, Inc.
• 1997-12-12 Listed $56,500 MLS Technology, Inc.
• 1996-04-16 Sold (Public Records) $44,500 Public Records
• 1996-01-26 Listed $45,000 MLS Technology, Inc.

Property tax history

+7.1%/yr

Latest (2025): $1,756 · +4.9% YoY. Source: county tax records.