4700 Old Howard Rd · Temple, TX 76504

$124,900

3 bd · 2.0 ba · 1,488 sqft · SingleFamily public records · 214 Days on market

Built 1988 0.59 ac lot ↓ 31% since listing

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Why this score? — see what drove the C+ 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 +25.4/30.0
• DSCR +8.4/10.0
• 1% rule +8.1/10.0
• ARV discount +7.5/15.0
• Livability +3.8/5.0
• Schools +2.7/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for something outside the hustle and bustle of town? This one could be it!! This home offers 3 bedrooms, 2 full bathrooms. Laminate flooring throughout living and bedrooms. Laundry room. Eat in kitchen . Outside you can enjoy the mature trees sitting on . 59 acres. Short drive to shopping, restaurants and entertainment. Call today for information.

Key facts

• 59 acres
• Laminate flooring
• Laundry room

Tags

• LAMINATE FLOORING
• LAUNDRY ROOM
• EAT IN KITCHEN
• MATURE TREES
• 59 ACRES

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $125k.

Deal economics

• At list price, monthly cash flow is $289 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $125k).
• Recommended offer: $110k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% 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: 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 flat; 277 active listings in the ZIP; 3,222 units permitted in Bell County in 2024 (246 in 5+ unit buildings).
• This rent runs 37% of the median local income ($53k/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 $864 of loan paydown is wiped out by about $4k 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 214 days — a 12% lower offer ($110k) is reasonable based on typical stale-listing flexibility.

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→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $109,912 (12.0% below list)

Questions for the listing agent

1. It's been on market 214 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
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. 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: 1.31% ✓
• Cap rate: 9.07%
• Cash-on-cash: 9.92%
• DSCR: 1.44
• GRM: 6.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.33% rent growth · sell at horizon

5-year hold

• IRR: -4.7%
• Equity multiple: 0.83×
• Total profit: $-5,987
• Equity at exit: $18,623

10-year hold

• IRR: 1.1%
• Equity multiple: 1.07×
• Total profit: $2,332
• Equity at exit: $10,799

Cash invested: $34,972 (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 76504

• Rents YoY: 0.3%
• Active inventory: 277
• Price-to-rent: 6.4×

Monthly cashflow live

• Estimated rent: $1,631 medium
• Mortgage (P&I): −$655
• Tax from tax record: −$293 /mo · $3,510/yr
• Insurance: −$52
• HOA: −$0
• Vacancy / Maint / Mgmt: −$343
• Net cashflow: $289

Break-even live

Break-even rent $1,265

Max offer price $124,900

Occupancy floor 77%

Sensitivity live

Price	-10% $360	-5% $324	+0% $289	+5% $254	+10% $218
Rent	-10% $160	-5% $225	+0% $289	+5% $354	+10% $418
Rate	-1.0pp $352	-0.5pp $321	base $289	+0.5pp $257	+1.0pp $224

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: $31,225
• Closing costs: $3,747
• Reserves months: —
• Total cash needed: —

Listing history 17 events

1. 2026-06-10
   status $124,900 Pending 214 DOM
2. 2026-06-09
   days on market $124,900 Active 214 DOM
3. 2026-06-08
   days on market $124,900 Active 213 DOM
4. 2026-06-07
   days on market $124,900 Active 212 DOM
5. 2026-06-03
   days on market $124,900 Active 208 DOM
6. 2026-06-02
   days on market $124,900 Active 207 DOM
7. 2026-06-01
   days on market $124,900 Active 206 DOM
8. 2026-05-31
   days on market $124,900 Active 205 DOM
9. 2026-05-30
   days on market $124,900 Active 204 DOM
10. 2026-05-04
    price $124,900 357-char remark

    Show marketing remark (357 chars)

    Looking for something outside the hustle and bustle of town? This one could be it!! This home offers 3 bedrooms, 2 full bathrooms. Laminate flooring throughout living and bedrooms. Laundry room. Eat in kitchen . Outside you can enjoy the mature trees sitting on . 59 acres. Short drive to shopping, restaurants and entertainment. Call today for information.

11. 2026-03-27
    price $134,900 357-char remark

    Show marketing remark (357 chars)

    Looking for something outside the hustle and bustle of town? This one could be it!! This home offers 3 bedrooms, 2 full bathrooms. Laminate flooring throughout living and bedrooms. Laundry room. Eat in kitchen . Outside you can enjoy the mature trees sitting on . 59 acres. Short drive to shopping, restaurants and entertainment. Call today for information.

12. 2026-02-19
    price $149,900 357-char remark

    Show marketing remark (357 chars)

    Looking for something outside the hustle and bustle of town? This one could be it!! This home offers 3 bedrooms, 2 full bathrooms. Laminate flooring throughout living and bedrooms. Laundry room. Eat in kitchen . Outside you can enjoy the mature trees sitting on . 59 acres. Short drive to shopping, restaurants and entertainment. Call today for information.

13. 2026-01-15
    price $159,900 357-char remark

    Show marketing remark (357 chars)

    Looking for something outside the hustle and bustle of town? This one could be it!! This home offers 3 bedrooms, 2 full bathrooms. Laminate flooring throughout living and bedrooms. Laundry room. Eat in kitchen . Outside you can enjoy the mature trees sitting on . 59 acres. Short drive to shopping, restaurants and entertainment. Call today for information.

14. 2025-12-13
    price $169,900 357-char remark

    Show marketing remark (357 chars)

    Looking for something outside the hustle and bustle of town? This one could be it!! This home offers 3 bedrooms, 2 full bathrooms. Laminate flooring throughout living and bedrooms. Laundry room. Eat in kitchen . Outside you can enjoy the mature trees sitting on . 59 acres. Short drive to shopping, restaurants and entertainment. Call today for information.

15. 2025-11-06
    listed $179,900 Active 357-char remark

    Show marketing remark (357 chars)

    Looking for something outside the hustle and bustle of town? This one could be it!! This home offers 3 bedrooms, 2 full bathrooms. Laminate flooring throughout living and bedrooms. Laundry room. Eat in kitchen . Outside you can enjoy the mature trees sitting on . 59 acres. Short drive to shopping, restaurants and entertainment. Call today for information.

16. 2019-01-09
    soldstatus
17. 1994-06-30
    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: $3,510 · $293/mo
• Projected year-2 tax: $3,510 · $293/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 ≥107°F today · 24 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: $19,574
• − Mortgage interest: −$6,996
• − Property taxes: −$3,510
• − Insurance: −$624
• − Repairs & maintenance: −$1,566
• − Management: −$1,566
• − Depreciation: −$3,633
• Taxable income: $1,678
• Est. tax owed @ 24.0%: −$403
• After-tax cash flow: $3,066/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): 26,166
• Household income: $52,803
• Rent vs Own: 68.6% rent · 31.4% own
• Severe rent burden: 1489.0

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 0.65)
• Race & ethnicity: White 49% Hispanic / Latino 29% Black 15% Two or more races 14% Asian 1%
• Hispanic origin (detail): Mexican 24% Puerto Rican 2%
• Common ancestry: Italian 2% Romanian 2% Lithuanian 1%
• Foreign-born: 8% · Canada
• Languages at home: 81% English-only · Spanish 17% Other Indo-European 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: ▼ -159.28%
• Current HPI: 186.1148
• Rent YoY: ▲ 0.33%
• 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

-30.6% since first listed

8 events — show timeline

• 2026-05-04 Price Changed $124,900 CTXMLS
• 2026-03-27 Price Changed $134,900 CTXMLS
• 2026-02-19 Price Changed $149,900 CTXMLS
• 2026-01-15 Price Changed $159,900 CTXMLS
• 2025-12-13 Price Changed $169,900 CTXMLS
• 2025-11-06 Listed $179,900 CTXMLS
• 2019-01-09 Sold (Public Records) — Public Records
• 1994-06-30 Sold (Public Records) — Public Records

Property tax history

+5.8%/yr

Latest (2025): $3,510 · +11.8% YoY. Source: county tax records.