7304 Windchime Way · Temple, TX 76502

$214,900

3 bd · 2.0 ba · 1,591 sqft · SingleFamily public records · 68 Days on market

Built 2005 6,917 sqft lot $135/sqft · 31% below area Est $312k · 31% under

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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).

• ARV discount +15.0/15.0
• Cash flow +8.0/30.0
• 1% rule +3.8/10.0
• Schools +3.8/10.0
• Livability +3.8/5.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• DSCR +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Seller is a Licensed Real Estate Agent. Belton school district, Temple address! This 3 bedroom home is ready for a quick move in. No carpet, all vinyl plank flooring throughout. Seller will consider a $4000 repair allowance with a full price offer!

Key facts

• 6,917 sq ft lot
• 2 garage spots
• Built 2005

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $215k.

Deal economics

• At list price, monthly cash flow is $-220 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $176k (18.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $190k (11.6% below list).
• Recommended offer: $176k (18.1% below list) — sets the bar for cash-flow.
• Cap rate 5.1% vs local median 3.6% in Temple — 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 75/100 on livability (#122 in TX, #3,814 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: commute C-, crime D+, employment D+.
• Belton ISD (suburban): math 39% / reading 46% proficiency, ranked #285 of 826 in TX (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Joe M Pirtle El (math 51% / reading 49%, grade D+, #849 of 4,322 statewide, top 20%, 606 students, 42% FRL); Lake Belton Middle (math 47% / reading 52%, grade C, #356 of 1,662 statewide, top 23%, 826 students, 30% FRL); Belton H S (math 39% / reading 46%, grade F, #721 of 1,632 statewide, top 45%, 1,941 students, 46% FRL) — zoned schools at 40% FRL track the district average.
• Market conditions: Rents soft (-0.8%/yr); 1126 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 60% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Bell County population projected at +21% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 68 days — a 6% lower offer ($202k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 16y 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

• Watch-outs: property tax is 2.8% of price.
• 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 $176,107 (18.1% 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. It's been on market 68 days. Have you received any prior offers? Is the seller open to a 18% concession, seller financing, or rate buy-down credit?
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. Crime grade is D 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?
7. 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?
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: 0.88% ✗
• Cap rate: 5.07%
• Cash-on-cash: -4.38%
• DSCR: 0.81
• GRM: 9.4

CMA / ARV

• ARV (median comp): $311,873
• List price: $214,900
• Delta: -31.09%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7713 Purvis St	0.37mi	4/2.0 (+1)	1,536 (-4%)	1mo	$255,516	$166	71
7606 Hickman St	0.27mi	4/2.0 (+1)	1,631 (+2%)	11mo	$274,900	$169	69
7618 Hickman St	0.30mi	3/2.0	1,744 (+10%)	2mo	$288,000	$165	68
7709 Mcculloch Rd	0.33mi	4/2.0 (+1)	1,710 (+8%)	1mo	$280,000	$164	66
7414 Hickman St	0.22mi	4/2.0 (+1)	1,753 (+10%)	2mo	$293,000	$167	66
7619 Mcculloch Rd	0.31mi	4/3.0 (+1)	1,785 (+12%)	2mo	$300,000	$168	55
1805 Shadow Canyon Dr	0.48mi	3/2.0	1,629 (+2%)	24mo	$315,000	$193	54
1220 Neuberry Cliffe	0.70mi	3/2.0	1,454 (-9%)	2mo	$255,000	$175	51
1316 Branchwood Way	0.64mi	4/2.0 (+1)	1,722 (+8%)	2mo	$275,000	$160	49
7109 Hammermill Ln	0.66mi	3/2.0	1,751 (+10%)	6mo	$287,900	$164	47
1303 Neuberry Cliffe	0.65mi	3/2.0	1,387 (-13%)	7mo	$225,000	$162	43

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -27.6%
• Equity multiple: 0.10×
• Total profit: $-54,202
• Equity at exit: $32,042

10-year hold

• IRR: -46.4%
• Equity multiple: -0.43×
• Total profit: $-86,014
• Equity at exit: $18,581

Cash invested: $60,172 (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 76502

• Rents YoY: -0.8%
• Active inventory: 1126
• Price-to-rent: 9.4×

Monthly cashflow live

• Estimated rent: $1,899 high
• Mortgage (P&I): −$1,127
• Tax from tax record: −$503 /mo · $6,040/yr
• Insurance: −$90
• HOA: −$0
• Vacancy / Maint / Mgmt: −$399
• Net cashflow: $-220

Break-even live

Break-even rent $2,177

Max offer price $176,107

Occupancy floor —

Sensitivity live

Price	-10% $-98	-5% $-159	+0% $-220	+5% $-280	+10% $-341
Rent	-10% $-370	-5% $-295	+0% $-220	+5% $-145	+10% $-70
Rate	-1.0pp $-111	-0.5pp $-165	base $-220	+0.5pp $-275	+1.0pp $-332

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: $53,725
• Closing costs: $6,447
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7215 Upland Bend Dr Temple, TX	3.0	2.0	1646	$1,650	$1.00	25d	1	0.13mi
1948 Lively Ln Unit A Temple, TX	3.0	2.0	1235	$1,575	$1.28	45d	1	0.25mi
2608 Inca Dove Dr Temple, TX	4.0	2.0	1838	$2,250	$1.22	46d	1	0.29mi
1924 Hayes St Temple, TX	4.0	3.0	2031	$2,495	$1.23	45d	1	0.46mi
1924 Hayes St Temple, TX	4.0	3.0	2031	$2,500	$1.23	25d	1	0.46mi
1126 Neuberry Cliffe Temple, TX	3.0	2.0	1597	$1,750	$1.10	25d	1	0.76mi
1112 Pinwheel Dr Temple, TX	3.0	2.0	1662	$2,150	$1.29	45d	1	0.77mi
1113 Branchwood Way Temple, TX	3.0	2.0	1453	$1,625	$1.12	45d	1	0.79mi
1022 Neuberry Cliffe Temple, TX	3.0	2.0	1468	$1,695	$1.15	45d	1	0.84mi
8210 Sunset Trl Temple, TX	4.0	2.0	1434	$1,650	$1.15	23d	1	0.84mi
1722 Bent Oak Dr Temple, TX	3.0	2.0	1293	$1,650	$1.28	45d	1	0.91mi
8332 Saddle Brook Dr Unit B Temple, TX	3.0	2.0	1100	$1,250	$1.14	45d	1	0.93mi
816 Copper Ridge Loop Temple, TX	3.0	2.0	2200	$2,145	$0.97	15d	1	1.04mi
716 Copper Ridge Loop Temple, TX	4.0	2.0	1712	$2,100	$1.23	25d	1	1.10mi
812 Meiomi Dr Temple, TX	3.0	2.5	1387	$1,495	$1.08	45d	1	1.13mi
620 Copper Ridge Loop Temple, TX	4.0	2.0	1712	$2,195	$1.28	45d	1	1.13mi
746 Meiomi Dr Temple, TX	3.0	2.5	1387	$1,695	$1.22	45d	1	1.14mi
739 Meiomi Dr Temple, TX	3.0	2.5	1387	$1,495	$1.08	45d	1	1.15mi
742 Meiomi Dr Temple, TX	4.0	2.5	1538	$1,695	$1.10	45d	1	1.15mi
821 Woodhollow Dr Temple, TX	3.0	2.0	1537	$2,000	$1.30	45d	1	1.15mi
729 Meiomi Dr Temple, TX	3.0	2.5	1387	$1,695	$1.22	45d	1	1.17mi
1502 Cedar Ln Temple, TX	3.0	2.0	1384	$1,595	$1.15	15d	1	1.17mi
719 Meiomi Dr Temple, TX	4.0	2.5	1585	$1,995	$1.26	45d	1	1.19mi
7108B Cameron Park Rd Temple, TX	3.0	2.0	1350	$1,395	$1.03	25d	1	1.20mi
709 Meiomi Dr Temple, TX	4.0	2.5	1538	$1,695	$1.10	45d	1	1.21mi
613 Rock Meadow Ln Temple, TX	4.0	2.0	1934	$2,095	$1.08	45d	1	1.22mi
707 Meiomi Dr Temple, TX	3.0	2.5	1387	$1,495	$1.08	45d	1	1.22mi
619 Meiomi Dr Temple, TX	4.0	2.5	1538	$1,695	$1.10	45d	1	1.23mi
617 Meiomi Dr Temple, TX	3.0	2.5	1387	$1,695	$1.22	45d	1	1.23mi
610 Rock Meadow Ln Temple, TX	4.0	2.0	1934	$2,095	$1.08	15d	1	1.24mi
607 Hayfield Ln Temple, TX	4.0	2.0	1934	$2,095	$1.08	25d	1	1.25mi
510 Sanders Farm Rd Temple, TX	4.0	2.0	1940	$2,095	$1.08	15d	6	1.25mi
604 Hayfield Ln Temple, TX	4.0	2.0	1934	$2,095	$1.08	25d	1	1.27mi
526 Rock Meadow Ln Temple, TX	4.0	2.0	1934	$2,095	$1.08	45d	1	1.27mi
523 Hayfield Ln Temple, TX	4.0	2.0	1934	$2,095	$1.08	45d	1	1.28mi
602 Thistle Brook Dr Temple, TX	4.0	2.0	1934	$2,095	$1.08	25d	1	1.29mi
525 Thistle Brook Dr Temple, TX	4.0	2.0	1934	$2,095	$1.08	25d	1	1.29mi
513 Thistle Brook Dr Temple, TX	4.0	2.0	1934	$2,095	$1.08	25d	1	1.32mi
518 Thistle Brook Dr Temple, TX	4.0	2.0	1934	$2,095	$1.08	25d	1	1.32mi
515 Big Oak Trl Temple, TX	4.0	2.0	1934	$2,095	$1.08	45d	1	1.34mi

Listing history 26 events

1. 2026-06-21
   days on market $214,900 Active 68 DOM
2. 2026-06-18
   days on market $214,900 Active 65 DOM
3. 2026-06-17
   days on market $214,900 Active 64 DOM
4. 2026-06-16
   days on market $214,900 Active 63 DOM
5. 2026-06-15
   days on market $214,900 Active 62 DOM
6. 2026-06-14
   days on market $214,900 Active 60 DOM
7. 2026-06-13
   days on market $214,900 Active 59 DOM
8. 2026-06-09
   days on market $214,900 Active 56 DOM
9. 2026-06-08
   days on market $214,900 Active 55 DOM
10. 2026-06-07
    days on market $214,900 Active 54 DOM
11. 2026-06-05
    days on market $214,900 Active 51 DOM
12. 2026-06-03
    days on market $214,900 Active 50 DOM
13. 2026-06-02
    days on market $214,900 Active 49 DOM
14. 2026-06-01
    days on market $214,900 Active 48 DOM
15. 2026-05-31
    days on market $214,900 Active 47 DOM
16. 2026-05-30
    days on market $214,900 Active 46 DOM
17. 2026-05-08
    price $214,900 249-char remark

    Show marketing remark (249 chars)

    Seller is a Licensed Real Estate Agent. Belton school district, Temple address! This 3 bedroom home is ready for a quick move in. No carpet, all vinyl plank flooring throughout. Seller will consider a $4000 repair allowance with a full price offer!

18. 2026-04-14
    listed $219,900 Active 249-char remark

    Show marketing remark (249 chars)

    Seller is a Licensed Real Estate Agent. Belton school district, Temple address! This 3 bedroom home is ready for a quick move in. No carpet, all vinyl plank flooring throughout. Seller will consider a $4000 repair allowance with a full price offer!

19. 2022-04-01
    price $1,595
20. 2011-07-18
    soldstatus
21. 2011-06-30
    historical
22. 2010-10-06
    listed $110,000
23. 2010-10-01
    historical
24. 2010-05-04
    listed $119,900
25. 2007-04-23
    soldstatus
26. 2005-01-26
    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: $6,040 · $503/mo
• Projected year-2 tax: $6,040 · $503/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 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $22,789
• − Mortgage interest: −$12,038
• − Property taxes: −$6,040
• − Insurance: −$1,074
• − Repairs & maintenance: −$1,823
• − Management: −$1,823
• − Depreciation: −$6,252
• Taxable loss: −$6,262
• Est. tax savings @ 24.0%: +$1,503
• After-tax cash flow: $-1,132/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: Belton ISD
• NCES district ID: 4809860
• Math proficiency: 39% ▼ -14.00%
• Reading proficiency: 46% ▼ -4.00%
• Median HH income: $61,239
• Composite: 37.62/100
• National rank: #4378
• State rank: #285 of 826 in TX

Livability — Temple

• Score: 75/100
• State rank: #122
• US rank: #3814

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Temple, TX
• County: Bell County · 345,090 people
• City population: 96,587
• Metro: Killeen-Temple, TX
• Population (ZIP): 52,669
• Household income: $82,088
• Rent vs Own: 35.9% rent · 64.1% own
• Severe rent burden: 1890.0

Population outlook (Bell County) Hauer SSP2

• Today (2025): 371,114 people
• By 2030: 389,104 · +4.8%
• By 2040: 420,592 · +13.3%
• By 2050: 447,779 · +20.7%
• By 2075: 499,130 · +34.5%
• By 2100: 505,680 · +36.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: White 58% Hispanic / Latino 26% Two or more races 15% Black 9% Asian 3%
• Hispanic origin (detail): Mexican 21% Puerto Rican 2%
• Common ancestry: Italian 2% Slovak 2% Serbian 1%
• Foreign-born: 7% · Canada, South Korea, China
• Languages at home: 86% English-only · Spanish 10% Other Indo-European 1% Korean 1%

Political lean MEDSL · Bell

• 2024 margin: R (+16.2) · D 41.3% · R 57.6% · Other 1.1%
• 2008→2024 swing: -6.5pp toward R · 2008: -9.8pp · 2024: -16.2pp
• All cycles: 2024: R+16.2 2020: R+8.5 2016: R+15.1 2012: R+16.4 2008: R+9.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -216.80%
• Current HPI: 166.927
• Rent YoY: ▼ -0.79%
• Metro: Killeen-Temple, 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

+79.2% since first listed

10 events — show timeline

• 2026-05-08 Price Changed $214,900 CTXMLS
• 2026-04-14 Listed $219,900 CTXMLS
• 2022-04-01 Price Changed $1,595 RENT.
• 2011-07-18 Sold (Public Records) — Public Records
• 2011-06-30 Listing Removed — CTXMLS
• 2010-10-06 Listed $110,000 CTXMLS
• 2010-10-01 Listing Removed — CTXMLS
• 2010-05-04 Listed $119,900 CTXMLS
• 2007-04-23 Sold (Public Records) — Public Records
• 2005-01-26 Sold (Public Records) — Public Records

Property tax history

+6.7%/yr

Latest (2025): $6,040 · +4.2% YoY. Source: county tax records.