194 Pine Needle St · Onalaska, TX 77360

$224,000

3 bd · 2.0 ba · 1,553 sqft · SingleFamily · 124 Days on market

Built 2025 0.39 ac lot $144/sqft · 12% below area Est $255k · 12% under $15/mo HOA · 1% of rent ↓ 14% since listing

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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 +13.0/15.0
• Cash flow +6.1/30.0
• Appreciation +4.7/10.0
• Schools +4.1/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.5/10.0
• DSCR +0.5/10.0

Listing remarks MLS

New Build October 2025 with High End Amenities and Absolutely Adorable Ranch Style Designed New Home. Covered Sitting Porch welcomes you to this 3 Bedroom / 2 Full Bath / 2 Car Carport. Enter in the Texas Cut Glass Custom Doors, Front and Back. You'll be impressed with the High Vaulted Wood, Knotty Pine Ceiling in the Family Room with the Open Concept Living. Island Kitchen with Breakfast Bar - Quartz Countertops with Tile Backsplash and Pantry. All New - Ceiling Fans, Fixtures, Cabinetry, Quartz, Wood Look Vinyl Plank Flooring throughout. Primary Ensuite with Double Vanities - Split Floorplan. Huge In-House Utility Room. Situated on 1.5 Lots, over 1/3 Acre Partially Fenced. Beautiful and Quiet Subdivision with Access to Lake Livingston - offering Boat Launch, Pavillion and Picnic Area, Jogging Trail. No Flood Zone. Ideal for Residence or Weekender Fun!

Key facts

• Quartz countertops
• Island kitchen
• Breakfast bar

Tags

• COVERED SITTING PORCH
• TEXAS CUT GLASS CUSTOM DOORS
• ISLAND KITCHEN
• BREAKFAST BAR
• QUARTZ COUNTERTOPS
• TILE BACKSPLASH

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $224k.

Deal economics

• At list price, monthly cash flow is $-413 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $164k (26.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $146k (35.0% below list).
• Recommended offer: $146k (35.0% below list) — sets the bar for 1% rule.
• Cap rate 4.1% vs local median 2.9% in Onalaska — 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 60/100 on livability (#1,055 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment C-, crime D+, schools D.
• Onalaska ISD (rural): math 50% / reading 48% proficiency, ranked #213 of 826 in TX (top 26%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 350 active listings in the ZIP; 769 units permitted in Polk County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $186 of equity ($2k loan paydown + $-1k appreciation (-0.6% local appreciation)).
• Polk County population projected at +16% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 124 days — a 12% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts; this cycle's ask has dropped $15k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 97% 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 $145,543 (35.0% 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 124 days. Have you received any prior offers? Is the seller open to a 35% concession, seller financing, or rate buy-down credit?
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. 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?
7. 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?
8. 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?
9. 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.
10. 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.
11. 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: 0.65% ✗
• Cap rate: 4.08%
• Cash-on-cash: -7.91%
• DSCR: 0.65
• GRM: 12.8

CMA / ARV

• ARV (median comp): $255,220
• List price: $224,000
• Delta: -12.23%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
194 Pine Needle St	0.00mi	3/2.0	1,553 (0%)	1mo	$224,000	$144	99
171 Whiteside Dr	0.04mi	3/2.0	1,496 (-4%)	1mo	$224,900	$150	91
387 Hackberry Dr	0.33mi	3/2.0	1,627 (+5%)	3mo	$349,900	$215	74
247 Mistletoe	0.43mi	3/2.0	1,530 (-2%)	11mo	$275,000	$180	68
133 Blueberry St	0.59mi	3/2.0	1,600 (+3%)	8mo	$339,000	$212	61
215 Deer Trail Ln	0.49mi	3/2.0	1,647 (+6%)	19mo	$239,999	$146	51
115 Sassafras	0.23mi	3/2.0	1,764 (+14%)	21mo	$279,000	$158	49
270 Mistletoe	0.41mi	4/2.0 (+1)	1,360 (-12%)	23mo	$219,900	$162	36
144 Strawberry St	0.58mi	3/2.0	1,344 (-14%)	21mo	$299,000	$222	33
153 Lakeview Ln	0.64mi	3/2.0	1,762 (+14%)	18mo	$315,000	$179	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.61% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.2%
• Equity multiple: 0.38×
• Total profit: $-39,170
• Equity at exit: $58,309

10-year hold

• IRR: -7.5%
• Equity multiple: 0.28×
• Total profit: $-45,442
• Equity at exit: $64,919

Cash invested: $62,720 (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 77360

• Home prices YoY: -0.4%
• Active inventory: 350
• Price-to-rent: 12.8×

Monthly cashflow live

• Estimated rent: $1,455 medium
• Mortgage (P&I): −$1,175
• Tax est. 1.5%: −$280 /mo · $3,360/yr
• Insurance: −$93
• HOA: −$15
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $-413

Break-even live

Break-even rent $1,978

Max offer price $164,206

Occupancy floor —

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: $56,000
• Closing costs: $6,720
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $15 · $180/yr

Listing history 9 events

1. 2026-05-19
   status Pending 866-char remark

   Show marketing remark (866 chars)

   New Build October 2025 with High End Amenities and Absolutely Adorable Ranch Style Designed New Home. Covered Sitting Porch welcomes you to this 3 Bedroom / 2 Full Bath / 2 Car Carport. Enter in the Texas Cut Glass Custom Doors, Front and Back. You'll be impressed with the High Vaulted Wood, Knotty Pine Ceiling in the Family Room with the Open Concept Living. Island Kitchen with Breakfast Bar - Quartz Countertops with Tile Backsplash and Pantry. All New - Ceiling Fans, Fixtures, Cabinetry, Quartz, Wood Look Vinyl Plank Flooring throughout. Primary Ensuite with Double Vanities - Split Floorplan. Huge In-House Utility Room. Situated on 1.5 Lots, over 1/3 Acre Partially Fenced. Beautiful and Quiet Subdivision with Access to Lake Livingston - offering Boat Launch, Pavillion and Picnic Area, Jogging Trail. No Flood Zone. Ideal for Residence or Weekender Fun!

2. 2026-05-19
   status Pending 866-char remark

   Show marketing remark (866 chars)

   New Build October 2025 with High End Amenities and Absolutely Adorable Ranch Style Designed New Home. Covered Sitting Porch welcomes you to this 3 Bedroom / 2 Full Bath / 2 Car Carport. Enter in the Texas Cut Glass Custom Doors, Front and Back. You'll be impressed with the High Vaulted Wood, Knotty Pine Ceiling in the Family Room with the Open Concept Living. Island Kitchen with Breakfast Bar - Quartz Countertops with Tile Backsplash and Pantry. All New - Ceiling Fans, Fixtures, Cabinetry, Quartz, Wood Look Vinyl Plank Flooring throughout. Primary Ensuite with Double Vanities - Split Floorplan. Huge In-House Utility Room. Situated on 1.5 Lots, over 1/3 Acre Partially Fenced. Beautiful and Quiet Subdivision with Access to Lake Livingston - offering Boat Launch, Pavillion and Picnic Area, Jogging Trail. No Flood Zone. Ideal for Residence or Weekender Fun!

3. 2026-03-31
   price $224,000 866-char remark

   Show marketing remark (866 chars)

   New Build October 2025 with High End Amenities and Absolutely Adorable Ranch Style Designed New Home. Covered Sitting Porch welcomes you to this 3 Bedroom / 2 Full Bath / 2 Car Carport. Enter in the Texas Cut Glass Custom Doors, Front and Back. You'll be impressed with the High Vaulted Wood, Knotty Pine Ceiling in the Family Room with the Open Concept Living. Island Kitchen with Breakfast Bar - Quartz Countertops with Tile Backsplash and Pantry. All New - Ceiling Fans, Fixtures, Cabinetry, Quartz, Wood Look Vinyl Plank Flooring throughout. Primary Ensuite with Double Vanities - Split Floorplan. Huge In-House Utility Room. Situated on 1.5 Lots, over 1/3 Acre Partially Fenced. Beautiful and Quiet Subdivision with Access to Lake Livingston - offering Boat Launch, Pavillion and Picnic Area, Jogging Trail. No Flood Zone. Ideal for Residence or Weekender Fun!

4. 2026-01-23
   price $229,000 866-char remark

   Show marketing remark (866 chars)

   New Build October 2025 with High End Amenities and Absolutely Adorable Ranch Style Designed New Home. Covered Sitting Porch welcomes you to this 3 Bedroom / 2 Full Bath / 2 Car Carport. Enter in the Texas Cut Glass Custom Doors, Front and Back. You'll be impressed with the High Vaulted Wood, Knotty Pine Ceiling in the Family Room with the Open Concept Living. Island Kitchen with Breakfast Bar - Quartz Countertops with Tile Backsplash and Pantry. All New - Ceiling Fans, Fixtures, Cabinetry, Quartz, Wood Look Vinyl Plank Flooring throughout. Primary Ensuite with Double Vanities - Split Floorplan. Huge In-House Utility Room. Situated on 1.5 Lots, over 1/3 Acre Partially Fenced. Beautiful and Quiet Subdivision with Access to Lake Livingston - offering Boat Launch, Pavillion and Picnic Area, Jogging Trail. No Flood Zone. Ideal for Residence or Weekender Fun!

5. 2026-01-15
   listed $239,000 Active 866-char remark

   Show marketing remark (866 chars)

   New Build October 2025 with High End Amenities and Absolutely Adorable Ranch Style Designed New Home. Covered Sitting Porch welcomes you to this 3 Bedroom / 2 Full Bath / 2 Car Carport. Enter in the Texas Cut Glass Custom Doors, Front and Back. You'll be impressed with the High Vaulted Wood, Knotty Pine Ceiling in the Family Room with the Open Concept Living. Island Kitchen with Breakfast Bar - Quartz Countertops with Tile Backsplash and Pantry. All New - Ceiling Fans, Fixtures, Cabinetry, Quartz, Wood Look Vinyl Plank Flooring throughout. Primary Ensuite with Double Vanities - Split Floorplan. Huge In-House Utility Room. Situated on 1.5 Lots, over 1/3 Acre Partially Fenced. Beautiful and Quiet Subdivision with Access to Lake Livingston - offering Boat Launch, Pavillion and Picnic Area, Jogging Trail. No Flood Zone. Ideal for Residence or Weekender Fun!

6. 2025-12-26
   historical
7. 2025-11-12
   listed $239,000 Active
8. 2025-11-10
   historical
9. 2025-10-22
   listed $259,900 Active

ⓘ 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 FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥111°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 97% 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: $17,465
• − Mortgage interest: −$12,547
• − Property taxes: −$3,360
• − Insurance: −$1,120
• − Repairs & maintenance: −$1,397
• − Management: −$1,397
• − HOA: −$180
• − Depreciation: −$6,516
• Taxable loss: −$9,053
• Est. tax savings @ 24.0%: +$2,173
• After-tax cash flow: $-2,786/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: Onalaska ISD
• NCES district ID: 4833690
• Math proficiency: 50% ▼ -10.00%
• Reading proficiency: 48% ▼ -1.00%
• Median HH income: $38,882
• Composite: 40.91/100
• National rank: #3616
• State rank: #213 of 826 in TX

Livability — Onalaska

• Score: 60/100
• State rank: #1055
• US rank: #18716

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 6,130

Population outlook (Polk County) Hauer SSP2

• Today (2025): 51,049 people
• By 2030: 53,243 · +4.3%
• By 2040: 56,528 · +10.7%
• By 2050: 59,243 · +16.1%
• By 2075: 63,528 · +24.4%
• By 2100: 60,376 · +18.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Two or more races 10% Hispanic / Latino 8%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 4% Italian 2% Romanian 2%
• Foreign-born: 1% · Canada
• Languages at home: 95% English-only · Spanish 5%

Political lean MEDSL · Polk

• 2024 margin: Solid R (+58.9) · D 20.2% · R 79.1%
• 2008→2024 swing: -21.7pp toward R · 2008: -37.2pp · 2024: -58.9pp
• All cycles: 2024: R+58.9 2020: R+54.5 2016: R+56.5 2012: R+48.2 2008: R+37.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.61%
• Current HPI: 150.9486
• 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

-13.8% since first listed

9 events — show timeline

• 2026-05-19 Pending — HARMLS
• 2026-05-19 Pending — HARMLS
• 2026-03-31 Price Changed $224,000 HARMLS
• 2026-01-23 Price Changed $229,000 HARMLS
• 2026-01-15 Listed $239,000 HARMLS
• 2025-12-26 Listing Removed — HARMLS
• 2025-11-12 Listed $239,000 HARMLS
• 2025-11-10 Listing Removed — HARMLS
• 2025-10-22 Listed $259,900 HARMLS