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Layla Plan 🏗️ New Construction
D Composite 40.64
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).

  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Cash flow +6.9/30.0
  • Schools +4.4/10.0
  • Livability +4.0/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • 1% rule +1.8/10.0
  • DSCR +1.1/10.0

$307,950

Layla Plan · Wolfforth, TX 79382
4 bd · 2.0 ba · 2,050 sqft · SingleFamily · 806 Days on market

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

Key facts

  • 2 garage spots
  • Listed 806 days

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏗️ New construction. Builder plan / spec listing (the home may be to-be-built); metrics use comparable previous sales.

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $308k.

Deal economics

  • At list price, monthly cash flow is $-470 ($-6k/yr) — negative.
  • To cash-flow at today's rent, offer at most $240k (22.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $210k (31.8% below list).
  • Recommended offer: $210k (31.8% below list) — sets the bar for 1% rule.

Location & tenants

  • Location reads 80/100 on livability (#43 in TX, #1,872 nationally) — a professional / high-income tenant draw. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
  • Frenship ISD (urban): math 47% / reading 54% proficiency, ranked #162 of 826 in TX (top 20%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 472 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 2,219 units permitted in Lubbock County in 2024 (252 in 5+ unit buildings).

Forward outlook

  • In year one you build about $33k of equity ($2k loan paydown + $31k appreciation (10.0% local appreciation)).
  • Lubbock County population projected at +39% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • By year 2, paydown + projected appreciation supports a ~$53k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 806 days — a 12% lower offer ($271k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 2y ago; this cycle's ask is 12% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Recommended offer $209,938 (31.8% 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 806 days. Have you received any prior offers? Is the seller open to a 32% concession, seller financing, or rate buy-down credit?
  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. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  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
0.68%
Cap rate
4.46%
Cash-on-cash
-6.54%
DSCR
0.71
GRM
12.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
19.7%
Equity multiple
2.60×
Total profit
$137,836
Equity at exit
$277,426
10-year hold
IRR
18.1%
Equity multiple
5.98×
Total profit
$429,492
Equity at exit
$598,279

Cash invested: $86,226 (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.

ZIP-level market 79382

Active inventory
472
Price-to-rent
12.2×

Monthly cashflow live

Estimated rent
$2,099 high interval (Pro) →
Mortgage (P&I)
$1,615
Tax est. 1.5%
$385 /mo · $4,619/yr
Insurance
$128
HOA
$0
Vacancy / Maint / Mgmt
$441
Net cashflow
$-470

Break-even live

Break-even rent $2,694
Max offer price $239,989
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
$76,988
Closing costs
$9,238
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 10 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2916 Corpus Ave Wolfforth, TX 3.0 2.0 1657 $1,800 $1.09 43d 1 0.49mi
2915 Tractor Ave Wolfforth, TX 4.0 3.0 2582 $2,995 $1.16 13d 1 0.83mi
2408 Aberdeen Ave Wolfforth, TX 4.0 2.0 1703 $2,100 $1.23 21d 1 0.95mi
2418 Aberdeen Ave Wolfforth, TX 3.0 2.0 1450 $1,799 $1.24 43d 1 0.95mi
1817 Corpus Ave Wolfforth, TX 3.0 2.0 1405 $1,600 $1.14 13d 1 1.06mi
2008 Cottonwood Ave Wolfforth, TX 3.0 2.0 1450 $1,810 $1.25 43d 1 1.07mi
723 E 17th St Wolfforth, TX 3.0 2.0 1670 $1,800 $1.08 43d 1 1.24mi
215 14th St Wolfforth, TX 4.0 3.0 1850 $2,200 $1.19 13d 1 1.34mi
1503 Good Prairie Ave Wolfforth, TX 4.0 2.5 2173 $2,450 $1.13 21d 1 1.40mi
1313 Corpus Ave Unit B Wolfforth, TX 3.0 2.0 1550 $1,850 $1.19 13d 1 1.41mi

Listing history 27 events

  1. 2026-06-18
    days on market $307,950 Active 806 DOM
  2. 2026-06-17
    days on market $307,950 Active 805 DOM
  3. 2026-06-16
    days on market $307,950 Active 804 DOM
  4. 2026-06-15
    days on market $307,950 Active 803 DOM
  5. 2026-06-13
    days on market $307,950 Active 800 DOM
  6. 2026-06-10
    days on market $307,950 Active 798 DOM
  7. 2026-06-09
    days on market $307,950 Active 797 DOM
  8. 2026-06-08
    days on market $307,950 Active 796 DOM
  9. 2026-06-07
    days on market $307,950 Active 795 DOM
  10. 2026-06-05
    days on market $307,950 Active 792 DOM
  11. 2026-06-03
    days on market $307,950 Active 791 DOM
  12. 2026-06-02
    days on market $307,950 Active 790 DOM
  13. 2026-06-01
    days on market $307,950 Active 789 DOM
  14. 2026-05-31
    days on market $307,950 Active 788 DOM
  15. 2026-05-30
    days on market $307,950 Active 787 DOM
  16. 2026-05-04
    status Active 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  17. 2026-04-16
    historical 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  18. 2026-04-13
    price $307,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  19. 2026-02-12
    price $301,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  20. 2025-10-22
    price $292,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  21. 2025-04-23
    price $293,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  22. 2025-03-27
    price $290,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  23. 2025-01-20
    price $280,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  24. 2024-09-18
    price $283,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  25. 2024-08-19
    price $278,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  26. 2024-03-25
    price $281,950 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

  27. 2024-03-15
    listed $274,950 Active 489-char remark
    Show marketing remark (489 chars)

    The 2,050 sq ft Layla floor plan is a step up in space and comfort, with a layout built for how you actually live. Brick exterior and covered entryLuxury vinyl plank flooring in main areasOpen-concept kitchen, living, and dining areaGranite or quartz countertops throughoutSpacious kitchen island with bar seatingStainless steel appliancesLarge enclosed pantryCorner brick fireplacePrivate primary suite with drop-in tub, walk-in shower, dual vanities, and walk-in closetCovered back patio

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,193
− Mortgage interest
−$17,250
− Property taxes
−$4,619
− Insurance
−$1,540
− Repairs & maintenance
−$2,015
− Management
−$2,015
− Depreciation
−$8,959
Taxable loss
−$11,206
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,689
After-tax cash flow
$-2,947/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
Frenship ISD
NCES district ID
4819830
Math proficiency
47% ▼ -8.00%
Reading proficiency
54% ▬ 0.00%
Median HH income
$54,376
Composite
43.59/100
National rank
#2976
State rank
#162 of 826 in TX

Livability — Wolfforth

Score
80/100
State rank
#43
US rank
#1872

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Lubbock County · 293,542 people
City population
10,512
Metro
Lubbock, TX
Population (ZIP)
10,512
Household income
$84,457
Rent vs Own
23.0% rent · 77.0% own
Severe rent burden
135.0

Population outlook (Lubbock County) Hauer SSP2

Today (2025)
345,960 people
By 2030
371,449 · +7.4%
By 2040
424,539 · +22.7%
By 2050
481,150 · +39.1%
By 2075
633,467 · +83.1%
By 2100
746,853 · +115.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Majority White (64%)
Race & ethnicity
White 64% Hispanic / Latino 31% Two or more races 18% Black 1%
Hispanic origin (detail)
Mexican 28%
Common ancestry
Italian 4% Slovak 2% Lithuanian 2%
Foreign-born
4% · Canada
Languages at home
85% English-only · Spanish 14%

Political lean MEDSL · Lubbock

2024 margin
Solid R (+39.5) · D 29.7% · R 69.2% · Other 1.0%
2008→2024 swing
-2.8pp toward R · 2008: -36.7pp · 2024: -39.5pp
All cycles
2024: R+39.5 2020: R+32.2 2016: R+38.4 2012: R+40.9 2008: R+36.7

Not yet ingested

Civics

Market trends

HPI YoY
▲ 166.08%
Current HPI
561.4491
Rent YoY
Metro
Lubbock, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+12.0% since first listed
12 events — show timeline
  • 2026-05-04 Relisted Zillow
  • 2026-04-16 Delisted Zillow
  • 2026-04-13 Price Changed $307,950 Zillow
  • 2026-02-12 Price Changed $301,950 Zillow
  • 2025-10-22 Price Changed $292,950 Zillow
  • 2025-04-23 Price Changed $293,950 Zillow
  • 2025-03-27 Price Changed $290,950 Zillow
  • 2025-01-20 Price Changed $280,950 Zillow
  • 2024-09-18 Price Changed $283,950 Zillow
  • 2024-08-19 Price Changed $278,950 Zillow
  • 2024-03-25 Price Changed $281,950 Zillow
  • 2024-03-15 Listed $274,950 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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