7704 Shorthorn Way · Fort Worth, TX 76131

$264,311

3 bd · 2.0 ba · 1,647 sqft · SingleFamily public records · 105 Days on market

Built 2014 5,576 sqft lot $160/sqft · 16% below area Est $314k · 16% under $57/mo HOA · 3% of rent

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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 +14.6/15.0
• Cash flow +6.9/30.0
• Schools +4.8/10.0
• Livability +4.0/5.0
• 1% rule +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.2/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Opportunity awaits in this charming 3-bedroom, 2-bath home nestled in a desirable neighborhood. With good bones, a practical floor plan, and generous living space, this home is ready for updates and cosmetic improvements. The large yard, attached garage, and established surroundings add to its appeal. Perfect for buyers with vision or investors looking for their next project, this property offers the chance to add value and make it your own. Sold as-is and priced

Key facts

• Attached garage
• Large yard
• 5,576 sq ft lot

Tags

• LARGE YARD
• ATTACHED GARAGE
• GENEROUS LIVING SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $264k.

Deal economics

• At list price, monthly cash flow is $-394 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $195k (26.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $223k (15.5% below list).
• Recommended offer: $195k (26.3% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 80/100 on livability (#49 in TX, #1,954 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime F.
• Keller ISD (urban): math 50% / reading 54% proficiency, ranked #91 of 826 in TX (top 11%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 19% free/reduced lunch — higher-income household profile.
• Zoned schools: Basswood El (math 27% / reading 32%, grade F, #2,525 of 4,322 statewide, top 62%, 513 students, 61% FRL); Fossil Hill Middle (math 32% / reading 43%, grade F, #736 of 1,662 statewide, top 45%, 838 students, 61% FRL); Fossil Ridge H S (math 41% / reading 55%, grade D, #571 of 1,632 statewide, top 36%, 2,329 students, 51% FRL) — zoned schools average 58% FRL vs 19% district-wide (39 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 38% at this address vs 52% district-wide (-14 pts) — the specific schools serving this property underperform the Keller ISD average; the district grade overstates school quality for this exact location.
• Market conditions: Rents soft (-0.2%/yr); 478 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 19d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 18,938 units permitted in Tarrant County in 2024 (8,336 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Tarrant County population projected at +41% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 105 days — a 9% lower offer ($241k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 9y ago; this cycle's ask has dropped $21k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: property tax is 2.7% of price.
• Climate carrying-cost: extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $194,694 (26.3% 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 105 days. Have you received any prior offers? Is the seller open to a 26% concession, seller financing, or rate buy-down credit?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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?
9. 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?
10. 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.
11. 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.
12. 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: 0.84% ✗
• Cap rate: 4.50%
• Cash-on-cash: -6.39%
• DSCR: 0.72
• GRM: 9.9

CMA / ARV

• ARV (median comp): $313,920
• List price: $264,311
• Delta: -15.80%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7761 Berrenda Dr	0.13mi	3/2.0	1,693 (+3%)	1mo	$295,000	$174	88
2432 Barzona Dr	0.20mi	3/2.0	1,630 (-1%)	2mo	$329,900	$202	88
2345 Bernese Ln	0.40mi	3/2.0	1,621 (-2%)	2mo	$299,786	$185	77
1732 Foliage Dr	0.59mi	3/2.0	1,630 (-1%)	4mo	$364,990	$224	68
7837 Tudanca Trl	0.32mi	3/2.0	1,440 (-13%)	3mo	$320,000	$222	62
1701 Opaca Dr	0.71mi	3/2.0	1,600 (-3%)	1mo	$396,629	$248	62
1725 Shad Bush Dr	0.69mi	3/2.0	1,763 (+7%)	2mo	$394,990	$224	54
1737 White Feather Ln	0.74mi	3/2.0	1,756 (+7%)	1mo	$275,000	$157	54
1820 White Feather Ln	0.68mi	3/2.0	1,857 (+13%)	2mo	$285,000	$153	46
1705 Shad Bush Dr	0.74mi	4/2.0 (+1)	1,763 (+7%)	4mo	$389,990	$221	45
8208 Storm Chaser Dr	0.71mi	3/2.0	1,826 (+11%)	4mo	$259,900	$142	45
2100 Sierra Pelada Dr	0.71mi	4/2.0 (+1)	1,830 (+11%)	1mo	$365,000	$199	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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -31.4%
• Equity multiple: -0.00×
• Total profit: $-74,236
• Equity at exit: $39,410

10-year hold

• IRR: -61.5%
• Equity multiple: -0.64×
• Total profit: $-121,288
• Equity at exit: $22,853

Cash invested: $74,007 (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 76131

• Home prices YoY: -15.6%
• Rents YoY: -0.2%
• Active inventory: 478
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,233 high
• Mortgage (P&I): −$1,386
• Tax from tax record: −$605 /mo · $7,259/yr
• Insurance: −$110
• HOA: −$57
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $-394

Break-even live

Break-even rent $2,732

Max offer price $194,694

Occupancy floor —

Sensitivity live

Price	-10% $-244	-5% $-319	+0% $-394	+5% $-469	+10% $-544
Rent	-10% $-570	-5% $-482	+0% $-394	+5% $-306	+10% $-218
Rate	-1.0pp $-261	-0.5pp $-327	base $-394	+0.5pp $-463	+1.0pp $-532

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: $66,078
• Closing costs: $7,929
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2424 Gelbray Pl Fort Worth, TX	3.0	2.0	1628	$2,150	$1.32	19d	1	0.07mi
7624 Scarlet View Trl Fort Worth, TX	3.0	2.0	2028	$2,500	$1.23	0d	1	0.14mi
2333 Senepol Way Fort Worth, TX	3.0	2.0	2164	$2,100	$0.97	23d	1	0.21mi
7908 Hereland Trl Fort Worth, TX	3.0	2.0	1711	$2,150	$1.26	45d	1	0.27mi
7545 Indigo Ridge Dr Fort Worth, TX	4.0	2.0	2030	$2,150	$1.06	45d	1	0.27mi
2344 Bermont Red Ln Fort Worth, TX	3.0	2.0	2166	$2,350	$1.08	26d	1	0.28mi
7425 Bronsind Trl Fort Worth, TX	3.0	2.0	2145	$2,250	$1.05	20d	1	0.33mi
7445 Sienna Ridge Ln Fort Worth, TX	3.0	2.0	1374	$2,000	$1.46	1d	1	0.37mi
2357 Bernese Ln Fort Worth, TX	3.0	2.0	1778	$2,150	$1.21	23d	1	0.37mi
8101 Kurgan Trl Fort Worth, TX	3.0	2.0	1975	$3,000	$1.52	45d	1	0.46mi
2016 Elderica Dr Fort Worth, TX	3.0–4.0	2.5–3.5	1535	$2,428	$1.58	0d	7	0.65mi
8220 Horseman Rd Fort Worth, TX	3.0	2.0	1245	$2,479	$1.99	12d	1	0.69mi
1717 Victoria Dr Saginaw, TX	4.0	2.0	1953	$2,395	$1.23	21d	1	0.77mi
7401 Cowhand Ct Fort Worth, TX	3.0	2.5	1634	$2,099	$1.28	4d	1	0.88mi
1912 Potrillo Ln Fort Worth, TX	4.0	2.0	2145	$2,400	$1.12	4d	1	0.89mi
1912 Potrillo Ln Fort Worth, TX	4.0	2.0	2145	$2,420	$1.13	19d	1	0.89mi
1316 Mountain Air Trl Fort Worth, TX	3.0	2.0	1598	$2,300	$1.44	18d	1	0.91mi
1268 Topeka Dr Saginaw, TX	3.0	2.0	2163	$2,195	$1.01	20d	1	1.04mi
7001 Sandshell Blvd Fort Worth, TX	3.0	2.0	1327	$1,747	$1.32	5d	1	1.06mi
7001 Sandshell Blvd Fort Worth, TX	3.0	2.0	1327	$1,805	$1.36	45d	1	1.06mi
1032 Salt Creek Trl Fort Worth, TX	3.0	2.0	1801	$2,000	$1.11	23d	1	1.06mi
7001 Sandshell Blvd Unit 7058 Fort Worth, TX	2.0	2.0	1122	$1,387	$1.24	0d	1	1.07mi
7001 Sandshell Blvd Unit 612 Fort Worth, TX	3.0	2.0	1329	$1,712	$1.29	13d	1	1.07mi
7001 Sandshell Blvd Unit 7034 Fort Worth, TX	3.0	2.0	1329	$1,712	$1.29	0d	1	1.07mi
1350 N Blue Mound Rd Fort Worth, TX	1.0–2.0	1.0–2.0	958	$1,740	$1.82	0d	17	1.08mi
1705 Desperado Rd Fort Worth, TX	3.0	2.0	1784	$2,050	$1.15	22d	1	1.09mi
1000 Salt Creek Trl Fort Worth, TX	4.0	2.0	2104	$2,138	$1.02	14d	1	1.10mi
1101 Trinity Trl Saginaw, TX	3.0	2.0	1596	$2,040	$1.28	0d	1	1.14mi
6948 Carrington Ln Fort Worth, TX	2.0	2.5	1388	$2,000	$1.44	26d	1	1.20mi
1016 Grand Central Pkwy Saginaw, TX	3.0	2.0	1757	$2,104	$1.20	22d	1	1.22mi
3000 Peyton Brook Dr Fort Worth, TX	2.0	2.5	1477	$1,900	$1.29	26d	1	1.23mi
7861 Waxwing Cir W Fort Worth, TX	4.0	2.0	2075	$2,300	$1.11	45d	1	1.28mi
3220 Brixton Dr Fort Worth, TX	3.0	2.0	1621	$2,175	$1.34	26d	1	1.28mi
6928 Derbyshire Dr Fort Worth, TX	3.0	2.0	1949	$2,295	$1.18	45d	1	1.29mi
2650 Western Center Blvd Fort Worth, TX	1.0–3.0	1.0–2.0	964	$1,890	$1.96	0d	27	1.29mi
6801 Sandshell Blvd Fort Worth, TX	3.0	3.5	1500	$2,350	$1.57	45d	1	1.29mi
8301 Monterra Blvd Fort Worth, TX	1.0–3.0	1.0–2.5	1097	$2,590	$2.36	0d	32	1.30mi
8100 N Riverside Dr Fort Worth, TX	1.0–3.0	1.0–2.0	1053	$1,999	$1.90	0d	22	1.31mi
3724 Chaddybrook Ln Fort Worth, TX	3.0	2.0	1673	$2,095	$1.25	17d	1	1.32mi
6761 Sandshell Blvd Fort Worth, TX	1.0–3.0	1.0–2.0	1099	$2,640	$2.40	3d	24	1.32mi

HOA detail

• Monthly dues: $57 · $684/yr

Listing history 16 events

1. 2026-06-21
   days on market $264,311 Active 105 DOM
2. 2026-06-18
   days on market $264,311 Active 102 DOM
3. 2026-06-17
   remarks 546-char remark
4. 2026-06-17
   pricestatusdays on market $264,311 Active 101 DOM
5. 2026-05-15
   historical Active Option Contract 467-char remark

   Show marketing remark (467 chars)

   Opportunity awaits in this charming 3-bedroom, 2-bath home nestled in a desirable neighborhood. With good bones, a practical floor plan, and generous living space, this home is ready for updates and cosmetic improvements. The large yard, attached garage, and established surroundings add to its appeal. Perfect for buyers with vision or investors looking for their next project, this property offers the chance to add value and make it your own. Sold as-is and priced

6. 2026-02-27
   price $279,990 467-char remark

   Show marketing remark (467 chars)

   Opportunity awaits in this charming 3-bedroom, 2-bath home nestled in a desirable neighborhood. With good bones, a practical floor plan, and generous living space, this home is ready for updates and cosmetic improvements. The large yard, attached garage, and established surroundings add to its appeal. Perfect for buyers with vision or investors looking for their next project, this property offers the chance to add value and make it your own. Sold as-is and priced

7. 2026-02-09
   listed $285,000 Active 467-char remark

   Show marketing remark (467 chars)

   Opportunity awaits in this charming 3-bedroom, 2-bath home nestled in a desirable neighborhood. With good bones, a practical floor plan, and generous living space, this home is ready for updates and cosmetic improvements. The large yard, attached garage, and established surroundings add to its appeal. Perfect for buyers with vision or investors looking for their next project, this property offers the chance to add value and make it your own. Sold as-is and priced

8. 2026-01-28
   status Pending
9. 2026-01-28
   historical
10. 2025-11-07
    listed $299,990 Active
11. 2017-10-13
    soldstatus
12. 2017-10-10
    soldstatus Sold
13. 2017-09-15
    status Pending
14. 2017-09-07
    historical Active Option Contract
15. 2017-09-02
    price $210,000
16. 2017-09-01
    listed $215,000 Active

ⓘ 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: $7,259 · $605/mo
• Projected year-2 tax: $7,259 · $605/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 ≥109°F today · 24 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,795
• − Mortgage interest: −$14,806
• − Property taxes: −$7,259
• − Insurance: −$1,322
• − Repairs & maintenance: −$2,144
• − Management: −$2,144
• − HOA: −$684
• − Depreciation: −$7,689
• Taxable loss: −$9,251
• Est. tax savings @ 24.0%: +$2,220
• After-tax cash flow: $-2,509/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: Keller ISD
• NCES district ID: 4825260
• Math proficiency: 50% ▼ -14.00%
• Reading proficiency: 54% ▼ -9.00%
• Median HH income: $92,106
• Composite: 48.46/100
• National rank: #2131
• State rank: #91 of 826 in TX

Livability — Fort Worth

• Score: 80/100
• State rank: #49
• US rank: #1954

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Fort Worth, TX
• County: Tarrant County · 2,033,669 people
• City population: 911,619
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 56,322
• Household income: $108,694
• Rent vs Own: 26.7% rent · 73.3% own
• Severe rent burden: 1805.0

Population outlook (Tarrant County) Hauer SSP2

• Today (2025): 2,380,417 people
• By 2030: 2,578,900 · +8.3%
• By 2040: 2,974,995 · +25.0%
• By 2050: 3,350,489 · +40.8%
• By 2075: 4,216,909 · +77.2%
• By 2100: 4,741,527 · +99.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.71)
• Race & ethnicity: White 42% Hispanic / Latino 27% Black 14% Two or more races 12% Asian 12%
• Hispanic origin (detail): Mexican 19% Puerto Rican 4%
• Common ancestry: Lithuanian 1% Slovak 1% Iranian 1%
• Foreign-born: 16% · Canada, Vietnam, India
• Languages at home: 67% English-only · Spanish 18% Other Indo-European 6% Vietnamese 2%

Political lean MEDSL · Tarrant

• 2024 margin: Lean R (+5.1) · D 46.7% · R 51.9% · Other 1.4%
• 2008→2024 swing: +6.6pp toward D · 2008: -11.7pp · 2024: -5.1pp
• All cycles: 2024: R+5.1 2020: D+0.2 2016: R+8.7 2012: R+15.7 2008: R+11.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -46.06%
• Current HPI: 249.22
• Rent YoY: ▼ -0.17%
• Metro: Dallas-Fort Worth-Arlington, 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

+30.2% since first listed

12 events — show timeline

• 2026-05-15 Contingent — NTREIS
• 2026-02-27 Price Changed $279,990 NTREIS
• 2026-02-09 Listed $285,000 NTREIS
• 2026-01-28 Pending — HARMLS
• 2026-01-28 Listing Removed — HARMLS
• 2025-11-07 Listed $299,990 HARMLS
• 2017-10-13 Sold (Public Records) — Public Records
• 2017-10-10 Sold (MLS) — NTREIS
• 2017-09-15 Pending — NTREIS
• 2017-09-07 Contingent — NTREIS
• 2017-09-02 Price Changed $210,000 NTREIS
• 2017-09-01 Listed $215,000 NTREIS

Property tax history

+21.5%/yr

Latest (2025): $7,259 · -0.4% YoY. Source: county tax records.