1306 N 15th St · Temple, TX 76501

$210,000

3 bd · 2.0 ba · 2,650 sqft · SingleFamily public records · 49 Days on market

Built 1935 9,901 sqft lot $79/sqft · 39% below area Est $262k · 20% 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 +10.6/30.0
• Livability +3.8/5.0
• 1% rule +3.6/10.0
• Rent growth +3.4/5.0
• DSCR +3.0/10.0
• Schools +2.7/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Located in the heart of North Temple, this property features a 2,028+/- square-foot home plus a 483+/- square-foot efficiency apartment and shop/storage space, all with direct access to Optimist Park from the backyard. The main residence provides a spacious layout highlighted by timeless hardwood floors and a screened-in back porch. The detached structure offers a 1-car garage and generous storage/workshop area on the first story, with a garage apartment on the second. Equipped with a kitchen, bathroom, and closet, this addition presents a unique opportunity for guests, multi-generational living, rental income, or a private workspace. Situated in an ideal location, instant park access throu

Key facts

• Detached structure
• Instant park access
• Garage apartment

Tags

• DIRECT ACCESS TO OPTIMIST PARK
• SCREENED IN BACK PORCH
• DETACHED STRUCTURE
• GENEROUS STORAGE WORKSHOP AREA
• GARAGE APARTMENT
• INSTANT PARK ACCESS

Property features AI

Exterior

• Parking: Detached garage with garage door opener (1 car)
• Utilities: Cable available; Electricity available; Natural gas available; Public water; Public sewer
• Home design: Single-story; Resale property
• Construction: Wood siding; Composition/shingle roof; Pillar/post/pier foundation; Built (year per assessor)
• Exterior features: Enclosed porch; Porch (screened); Back yard with wood fencing; City lot on an asphalt city street; Less than quarter acre

Interior

• Kitchen: Dishwasher; Disposal; Gas range; Range; Refrigerator
• Flooring: Carpet; Vinyl; Wood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (natural gas); Central electric air conditioning
• Interior features: Ceiling fans; Dining area and separate/formal dining room; Breakfast area; Pantry; Laminate counters; Soaking tub; Separate shower; Vanity; Walk-in closet(s); See remarks
• Laundry & utility: Washer hookup inside (laundry closet); Electric dryer hookup; Washer; Dryer; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $210k.

Deal economics

• At list price, monthly cash flow is $-105 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $191k (8.8% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $181k (14.0% below list).
• Recommended offer: $181k (14.0% below list) — sets the bar for 1% rule.
• Cap rate 5.7% 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: schools C-, commute C-, crime D+.
• Temple ISD (urban): math 32% / reading 31% proficiency, ranked #590 of 826 in TX (top 71%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+3.4%/yr); 337 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).
• This rent runs 35% of the median local income ($63k/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 $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 49 days — a 3% lower offer ($204k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts 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: built in 1935 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 77% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $180,526 (14.0% 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 49 days. Have you received any prior offers? Is the seller open to a 14% concession, seller financing, or rate buy-down credit?
3. Built in 1935 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.86% ✗
• Cap rate: 5.69%
• Cash-on-cash: -2.15%
• DSCR: 0.90
• GRM: 9.7

CMA / ARV

• ARV (median comp): $261,710
• List price: $210,000
• Delta: -19.76%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1308 N 13th St	0.06mi	3/2.0	2,409 (-9%)	12mo	$389,900	$162	72
510 W Royal Ave	0.35mi	3/2.0	2,739 (+3%)	7mo	$325,000	$119	72
504 W Park Ave	0.28mi	3/2.0	2,362 (-11%)	4mo	$150,000	$64	66
902 N 1st St	0.52mi	4/2.0 (+1)	2,522 (-5%)	0mo	$147,000	$58	62
2306 N 13th St	0.61mi	3/2.0	2,810 (+6%)	2mo	$265,000	$94	60
505 N 7th St	0.64mi	4/3.0 (+1)	2,392 (-10%)	7mo	$379,000	$158	39

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 · 3.44% rent growth · sell at horizon

5-year hold

• IRR: -19.3%
• Equity multiple: 0.32×
• Total profit: $-39,847
• Equity at exit: $31,312

10-year hold

• IRR: -11.0%
• Equity multiple: 0.33×
• Total profit: $-39,689
• Equity at exit: $18,157

Cash invested: $58,800 (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 76501

• Rents YoY: 3.4%
• Active inventory: 337
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,805 medium
• Mortgage (P&I): −$1,101
• Tax from tax record: −$343 /mo · $4,111/yr
• Insurance: −$88
• HOA: −$0
• Vacancy / Maint / Mgmt: −$379
• Net cashflow: $-105

Break-even live

Break-even rent $1,938

Max offer price $191,423

Occupancy floor —

Sensitivity live

Price	-10% $14	-5% $-46	+0% $-105	+5% $-165	+10% $-224
Rent	-10% $-248	-5% $-176	+0% $-105	+5% $-34	+10% $37
Rate	-1.0pp $1	-0.5pp $-52	base $-105	+0.5pp $-160	+1.0pp $-215

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: $52,500
• Closing costs: $6,300
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
917 Crockett Ct Temple, TX	3.0	2.0	1917	$1,550	$0.81	15d	1	0.46mi
1919 N 7th St Temple, TX	3.0	3.0	2000	$1,975	$0.99	45d	1	0.47mi
2305 N 15th St Temple, TX	3.0	2.0	2122	$2,000	$0.94	45d	1	0.58mi
2408 N 15th St Temple, TX	3.0	2.0	1832	$1,650	$0.90	15d	1	0.65mi

Listing history 14 events

1. 2026-06-14
   status $210,000 Pending 49 DOM
2. 2026-06-10
   days on market $210,000 Active Under Contract 49 DOM
3. 2026-06-09
   days on market $210,000 Active Under Contract 48 DOM
4. 2026-06-08
   days on market $210,000 Active Under Contract 47 DOM
5. 2026-06-07
   days on market $210,000 Active Under Contract 46 DOM
6. 2026-06-03
   days on market $210,000 Active Under Contract 42 DOM
7. 2026-06-02
   days on market $210,000 Active Under Contract 41 DOM
8. 2026-06-01
   days on market $210,000 Active Under Contract 40 DOM
9. 2026-05-31
   days on market $210,000 Active Under Contract 39 DOM
10. 2026-05-30
    days on market $210,000 Active Under Contract 38 DOM
11. 2026-05-05
    status Active 925-char remark
12. 2026-04-27
    historical Active Under Contract 925-char remark
13. 2026-04-22
    listed $210,000 Active 925-char remark
14. 2001-04-11
    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: $4,111 · $343/mo
• Projected year-2 tax: $4,111 · $343/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 7/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 77% 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: $21,663
• − Mortgage interest: −$11,763
• − Property taxes: −$4,111
• − Insurance: −$1,050
• − Repairs & maintenance: −$1,733
• − Management: −$1,733
• − Depreciation: −$6,109
• Taxable loss: −$4,836
• Est. tax savings @ 24.0%: +$1,161
• After-tax cash flow: $-101/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: Temple ISD
• NCES district ID: 4842330
• Math proficiency: 32% ▼ -8.00%
• Reading proficiency: 31% ▼ -4.00%
• Median HH income: $43,120
• Composite: 26.8/100
• National rank: #7123
• State rank: #590 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): 17,752
• Household income: $62,532
• Rent vs Own: 36.1% rent · 63.9% own
• Severe rent burden: 466.0

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 0.67)
• Race & ethnicity: White 42% Hispanic / Latino 36% Two or more races 18% Black 17% Native American 2%
• Hispanic origin (detail): Mexican 31% Puerto Rican 2%
• Common ancestry: Romanian 3% Italian 2% Slovak 1%
• Foreign-born: 6% · Canada
• Languages at home: 79% English-only · Spanish 20%

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: ▼ -113.09%
• Current HPI: 177.0555
• Rent YoY: ▲ 3.44%
• 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

6 events — show timeline

• 2026-06-10 Pending — CTXMLS
• 2026-05-21 Contingent — CTXMLS
• 2026-05-05 Relisted — CTXMLS
• 2026-04-27 Contingent — CTXMLS
• 2026-04-22 Listed $210,000 CTXMLS
• 2001-04-11 Sold (Public Records) — Public Records

Property tax history

+5.5%/yr

Latest (2026): $4,111 · +10.0% YoY. Source: county tax records.