1905 NW Baldwin · Lawton, OK 73507

$55,000

3 bd · 2.0 ba · 1,232 sqft · SingleFamily public records · 158 Days on market

Built 1963 2,432 sqft lot Est $84k · 34% under

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Why this score? — see what drove the B+ 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.2/5.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Looking for a nice affordable home? This home features 4 bedrooms, 1 3/4 baths, and is looking for a new family. Investors interested in rental property this might be just what you are looking for. Home needs very little work and would be ready to move in. Give me a call at [phone] for additional information.

Key facts

• Newer a/c unit
• Newer water heater
• 2,432 sq ft lot

Tags

• NEWER A/C UNIT
• NEWER WATER HEATER

Property features AI

Exterior

• Parking: One parking space (covered); One carport space; No garage
• Utilities: Public water; Public sewer; Natural gas available
• Home design: Single-family residence; One story; Residential property
• Construction: Composition roof
• Exterior features: Chain link and wood fencing; Public maintained road frontage on a city street; Lot approximately 76 x 32 (2,432 sq ft)

Interior

• Kitchen: Cooktop; Range Hood
• Flooring: Vinyl flooring; Laminate flooring
• Bathrooms: One full bathroom; One three-quarter bathroom
• Heating & cooling: Central heating (natural gas); Central electric air conditioning
• Interior features: Cooktop, Range Hood, Gas water heater; Crawl space
• Laundry & utility: Washer hookup in kitchen

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $55k.

Deal economics

• At list price, monthly cash flow is $590 ($7k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $55k).
• Recommended offer: $48k (12.0% below list) — sets the bar for market timing.
• Cap rate 19.2% vs local median 6.0% in Lawton — 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 63/100 on livability (#206 in OK) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: employment D, crime F, commute F.
• Lawton (urban): math 20% / reading 26% proficiency, ranked #137 of 270 in OK (top 51%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Central Ms (math 17% / reading 24%, grade F, #153 of 345 statewide, top 45%, 994 students, 0% FRL); Lawton Hs (math 16% / reading 21%, grade F, #302 of 447 statewide, top 68%, 1,417 students, 0% FRL) — zoned schools average 0% FRL vs 54% district-wide (54 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents flat; 209 active listings in the ZIP; 133 units permitted in Comanche County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $380 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Comanche County population projected to shrink 3% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 0.2% rent growth), your $15k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 158 days — a 12% lower offer ($48k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 7y 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.
• Current owner paid $25k; list at $55k implies a 120% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $48,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 158 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1963 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 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?
6. Crime grade is F 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?
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: 2.17% ✓
• Cap rate: 19.16%
• Cash-on-cash: 45.95%
• DSCR: 3.04
• GRM: 3.8

CMA / ARV

• ARV (on-the-fly): $83,776
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2204 NW Williams Ave	0.46mi	3/2.0	1,200 (-3%)	0mo	$80,000	$67	74
1415 NW 23rd St	0.23mi	4/1.5 (+1)	1,300 (+6%)	2mo	$41,500	$32	72
1809 NW Kingsbury	0.19mi	2/1.0 (-1)	1,146 (-7%)	3mo	$35,000	$31	68
1722 NW Liberty Ave	0.50mi	3/3.0	1,200 (-3%)	3mo	$135,000	$113	66
1615 NW 25th St	0.41mi	3/1.0	1,300 (+6%)	4mo	$90,000	$69	65
1635 NW 26th St	0.49mi	3/1.0	1,300 (+6%)	4mo	$68,272	$53	60
1704 NW Oak Ave	0.45mi	3/2.0	1,092 (-11%)	1mo	$141,500	$130	59
1710 NW Kinyon Ave	0.46mi	3/2.0	1,400 (+14%)	0mo	$130,000	$93	56
732 NW 16th St	0.64mi	2/1.0 (-1)	1,200 (-3%)	3mo	$99,000	$83	55
2312 NW Cheyenne Ave	0.44mi	3/2.0	1,400 (+14%)	4mo	$95,000	$68	54
2209 NW Smith Ave	0.57mi	3/1.0	1,400 (+14%)	4mo	$82,500	$59	44
2208 NW 14th St	0.75mi	4/2.0 (+1)	1,400 (+14%)	4mo	$29,000	$21	34

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 · 0.25% rent growth · sell at horizon

5-year hold

• IRR: 40.1%
• Equity multiple: 2.65×
• Total profit: $25,433
• Equity at exit: $8,201

10-year hold

• IRR: 45.1%
• Equity multiple: 4.77×
• Total profit: $58,032
• Equity at exit: $4,755

Cash invested: $15,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Oklahoma: 83 Strongly Landlord-Friendly · R+20
• County: — inherits STATE
• City: — inherits STATE

5-day notice; strongly landlord-favorable.

Methodology + full state rankings →

ZIP-level market 73507

• Home prices YoY: -23.2%
• Rents YoY: 0.2%
• Active inventory: 209
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,194 medium
• Mortgage (P&I): −$288
• Tax from tax record: −$42 /mo · $502/yr
• Insurance: −$23
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $590

Break-even live

Break-even rent $447

Max offer price $55,000

Occupancy floor 46%

Sensitivity live

Price	-10% $621	-5% $605	+0% $590	+5% $574	+10% $559
Rent	-10% $495	-5% $543	+0% $590	+5% $637	+10% $684
Rate	-1.0pp $617	-0.5pp $604	base $590	+0.5pp $575	+1.0pp $561

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: $13,750
• Closing costs: $1,650
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-19
   status Pending
2. 2026-03-11
   historical Active Under Contract
3. 2026-01-22
   status Active
4. 2025-12-17
   historical Active Under Contract
5. 2025-12-05
   listed $55,000 Active
6. 2019-06-26
   soldstatus $25,000 317-char remark

   Show marketing remark (317 chars)

   Looking for a nice affordable home? This home features 4 bedrooms, 1 3/4 baths, and is looking for a new family. Investors interested in rental property this might be just what you are looking for. Home needs very little work and would be ready to move in. Give me a call at [phone] for additional information.

7. 2019-01-14
   listed $29,000 317-char remark

   Show marketing remark (317 chars)

   Looking for a nice affordable home? This home features 4 bedrooms, 1 3/4 baths, and is looking for a new family. Investors interested in rental property this might be just what you are looking for. Home needs very little work and would be ready to move in. Give me a call at [phone] for additional information.

8. 1999-02-17
   soldstatus $48,500
9. 1998-04-14
   soldstatus $18,000

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

Tax reassessment forecast OK · Resets to sale price

• Current annual tax: $502 · $42/mo
• Projected year-2 tax: $502 · $42/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

• 🌡 Heat 6/10 Major
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,322
• − Mortgage interest: −$3,081
• − Property taxes: −$502
• − Insurance: −$275
• − Repairs & maintenance: −$1,146
• − Management: −$1,146
• − Depreciation: −$1,600
• Taxable income: $6,573
• Est. tax owed @ 24.0%: −$1,577
• After-tax cash flow: $5,499/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: Lawton
• NCES district ID: 4017250
• Math proficiency: 20% ▼ -12.00%
• Reading proficiency: 26% ▼ -9.00%
• Median HH income: $42,618
• Composite: 19.68/100
• National rank: #8732
• State rank: #137 of 270 in OK

Livability — Lawton

• Score: 63/100
• State rank: #206
• US rank: #15131

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lawton, OK
• County: Comanche County · 96,361 people
• City population: 89,233
• Metro: Lawton, OK
• Population (ZIP): 21,046
• Household income: $62,132
• Rent vs Own: 42.1% rent · 57.9% own
• Severe rent burden: 979.0

Population outlook (Comanche County) Hauer SSP2

• Today (2025): 124,518 people
• By 2030: 124,231 · -0.2%
• By 2040: 122,193 · -1.9%
• By 2050: 120,368 · -3.3%
• By 2075: 120,492 · -3.2%
• By 2100: 123,113 · -1.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 56% Hispanic / Latino 14% Two or more races 13% Black 13% Native American 7% Asian 2%
• Hispanic origin (detail): Mexican 7% Puerto Rican 4%
• Common ancestry: Lithuanian 2% Slovak 2% Italian 1%
• Foreign-born: 5% · Canada, South Korea
• Languages at home: 89% English-only · Spanish 6% German/W. Germanic 1% Other Asian/Pacific 1%

Political lean MEDSL · Comanche

• 2024 margin: Strong R (+23.3) · D 37.4% · R 60.7% · Other 1.9%
• 2008→2024 swing: -5.8pp toward R · 2008: -17.5pp · 2024: -23.3pp
• All cycles: 2024: R+23.3 2020: R+20.1 2016: R+23.7 2012: R+17.0 2008: R+17.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -38.48%
• Current HPI: 127.057
• Rent YoY: ▲ 0.25%
• Metro: Lawton, OK
• State GDP YoY: ▲ 1.55%
• F500 in state: 6

Industry mix (Fortune 500 HQ in OK)

Industry	F500 HQs	Revenue
▸Energy	3	$48B

Price history

+205.6% since first listed

9 events — show timeline

• 2026-05-19 Pending — LBRMLS
• 2026-03-11 Contingent — LBRMLS
• 2026-01-22 Relisted — LBRMLS
• 2025-12-17 Contingent — LBRMLS
• 2025-12-05 Listed $55,000 LBRMLS
• 2019-06-26 Sold (MLS) $25,000 LBRMLS
• 2019-01-14 Listed $29,000 LBRMLS
• 1999-02-17 Sold (Public Records) $48,500 Public Records
• 1998-04-14 Sold (Public Records) $18,000 Public Records

Property tax history

-0.9%/yr

Latest (2025): $502 · -2.7% YoY. Source: county tax records.