210 S 5th St · Gatesville, TX 76528

$132,900

3 bd · 1.0 ba · 1,778 sqft · SingleFamily public records · 10 Days on market

Built 1925 0.26 ac lot Est $258k · 48% under

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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 +22.2/30.0
• ARV discount +15.0/15.0
• DSCR +7.1/10.0
• 1% rule +6.2/10.0
• Schools +3.4/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Step into timeless charm with this inviting 3-bedroom, 1-bath Craftsman home featuring a welcoming front porch-perfect for morning coffee or relaxed evenings. Inside you will find a cozy sunroom filled with natural light, offering the ideal space for reading, plants or a home office. The home retains its classic character while providing a fantastic opportunity to make it your own. The kitchen is ready for a remodel, providing a blank canvas to design the space of your dreams and add value to this already charming property. Updates and features include a 4 year old roof, painting inside and outside, remodeled bathroom and ceiling fans throughout the home. Whether you're looking for a person

Key facts

• Remodeled bathroom
• Front porch
• Ceiling fans

Tags

• FRONT PORCH
• COZY SUNROOM
• KITCHEN READY FOR REMODEL
• 4 YEAR OLD ROOF
• REMODELED BATHROOM
• CEILING FANS

Property features AI

Finance

• Other: Deed restrictions; Will not subdivide
• Financial info: Listing terms: Cash or Conventional
• HOA & community: No association

Exterior

• Parking: Attached carport (1 covered space); Driveway
• Security: Carbon monoxide detector(s); Smoke detector(s)
• Utilities: City water; City sewer; Electricity available; Not in a municipal utility district
• Home design: Single Family Residence; Residential property; Not attached to another unit; Preowned (built in 1925); Original Town subdivision
• Construction: Composition roof; Pillar/post/pier foundation; Partial wood fencing
• Exterior features: Covered porch(es); Covered patio/porch

Interior

• Kitchen: Granite countertops; No appliances included
• Bedrooms: 3 bedrooms (all on the main level); Primary bedroom on the main level
• Flooring: Tile; Wood
• Bathrooms: 1 full bathroom (main level) with granite countertop
• Heating & cooling: Fireplace heating (wood burning); Ceiling fan(s) for cooling
• Interior features: One-level home; Granite counters; 6 total rooms; Living area approximately 1778
• Laundry & utility: Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $133k.

Deal economics

• At list price, monthly cash flow is $215 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $133k).
• Cap rate 8.2% vs local median 3.9% in Gatesville — 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 65/100 on livability (#702 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime A; Watch: employment C-, amenities F, commute F.
• Gatesville ISD (town): math 38% / reading 42% proficiency, ranked #409 of 826 in TX (top 50%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Gatesville El (math 42% / reading 47%, grade F, #1,155 of 4,322 statewide, top 29%, 611 students, 57% FRL).
• Market conditions: 222 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 386 units permitted in Coryell County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $919 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 13y 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: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 45% chance of damaging wind over 30y; major wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,900

Questions for the listing agent

1. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. 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.
5. 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.
6. 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: 1.12% ✓
• Cap rate: 8.24%
• Cash-on-cash: 6.95%
• DSCR: 1.31
• GRM: 7.4

CMA / ARV

• ARV (on-the-fly): $257,810
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
506 S 6th St	0.16mi	3/2.0	1,988 (+12%)	3mo	$75,000	$38	66
1306 Pleasant St	0.53mi	4/2.0 (+1)	1,733 (-2%)	1mo	$265,000	$153	61
1602 Saunders St	0.72mi	3/2.0	1,608 (-10%)	1mo	$196,000	$122	45
504 Fennimore St	0.41mi	3/2.0	1,552 (-13%)	17mo	$225,000	$145	42

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.6%
• Equity multiple: 0.79×
• Total profit: $-7,764
• Equity at exit: $19,816

10-year hold

• IRR: 4.1%
• Equity multiple: 1.30×
• Total profit: $11,114
• Equity at exit: $11,491

Cash invested: $37,212 (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 76528

• Home prices YoY: -24.2%
• Active inventory: 222
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $1,494 medium
• Mortgage (P&I): −$697
• Tax from tax record: −$213 /mo · $2,551/yr
• Insurance: −$55
• HOA: −$0
• Vacancy / Maint / Mgmt: −$314
• Net cashflow: $215

Break-even live

Break-even rent $1,221

Max offer price $132,900

Occupancy floor 81%

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: $33,225
• Closing costs: $3,987
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
213 Stillhouse Rd Gatesville, TX	3.0	2.0	1750	$1,380	$0.79	14d	1	1.18mi

Listing history 9 events

1. 2026-06-18
   days on market $132,900 Active 10 DOM
2. 2026-06-17
   days on market $132,900 Active 9 DOM
3. 2026-06-16
   days on market $132,900 Active 8 DOM
4. 2026-06-15
   days on market $132,900 Active 7 DOM
5. 2026-06-14
   days on market $132,900 Active 5 DOM
6. 2026-06-13
   days on market $132,900 Active 4 DOM
7. 2026-06-10
   days on market $132,900 Active 2 DOM
8. 2026-06-09
   remarks 699-char remark
9. 2026-06-09
   listed $132,900 Active 1 DOM

ⓘ 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: $2,551 · $213/mo
• Projected year-2 tax: $2,551 · $213/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 6/10 Major
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 45% 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: $17,929
• − Mortgage interest: −$7,444
• − Property taxes: −$2,551
• − Insurance: −$664
• − Repairs & maintenance: −$1,434
• − Management: −$1,434
• − Depreciation: −$3,866
• Taxable income: $534
• Est. tax owed @ 24.0%: −$128
• After-tax cash flow: $2,457/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: Gatesville ISD
• NCES district ID: 4820500
• Math proficiency: 38% ▼ -3.00%
• Reading proficiency: 42% ▬ 0.00%
• Median HH income: $47,114
• Composite: 34.21/100
• National rank: #5264
• State rank: #409 of 826 in TX

Livability — Gatesville

• Score: 65/100
• State rank: #702
• US rank: #13121

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Gatesville, TX
• County: Coryell County · 61,053 people
• City population: 18,935
• Metro: Killeen-Temple, TX
• Population (ZIP): 18,935
• Household income: $70,558
• Rent vs Own: 29.5% rent · 70.5% own
• Severe rent burden: 243.0

Population outlook (Coryell County) Hauer SSP2

• Today (2025): 75,485 people
• By 2030: 75,627 · +0.2%
• By 2040: 74,898 · -0.8%
• By 2050: 74,221 · -1.7%
• By 2075: 72,688 · -3.7%
• By 2100: 66,862 · -11.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (71%)
• Race & ethnicity: White 71% Hispanic / Latino 16% Two or more races 15% Black 4% Asian 1%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Slovak 2% Lithuanian 2% Serbian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 87% English-only · Spanish 10% German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Coryell

• 2024 margin: Solid R (+40.7) · D 29.1% · R 69.8% · Other 1.1%
• 2008→2024 swing: -13.8pp toward R · 2008: -26.9pp · 2024: -40.7pp
• All cycles: 2024: R+40.7 2020: R+33.5 2016: R+39.5 2012: R+36.6 2008: R+26.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -66.18%
• Current HPI: 206.6876
• Rent YoY: —
• 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

+123.4% since first listed

11 events — show timeline

• 2026-06-07 Listed $132,900 NTREIS
• 2024-04-05 Listing Removed — NTREIS
• 2024-04-05 Listing Removed — CTXMLS
• 2024-01-24 Listed $80,000 CTXMLS
• 2023-10-05 Listed $80,000 NTREIS
• 2022-09-13 Sold (Public Records) — Public Records
• 2022-05-20 Sold (Public Records) — Public Records
• 2022-05-20 Sold (Public Records) — Public Records
• 2014-04-28 Listing Removed — CTXMLS
• 2013-10-28 Listed $59,500 CTXMLS
• 2002-10-21 Sold (Public Records) — Public Records

Property tax history

+8.3%/yr

Latest (2025): $2,551 · +21.7% YoY. Source: county tax records.